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Valero will shut down refining operations at its Benicia refinery by April 2026, removing roughly 9% of California’s refining capacity. The closure, paired with Phillips 66’s ongoing shutdown of its Wilmington refinery, is expected to cut state refining capacity by about 17%, with Valero recording $1.1 billion in impairment... charges tied to both facilities. A UC Davis analysis projects these losses could raise gas prices by around $1.21 per gallon by mid-2026 if no interventions occur. While some worst-case estimates warn of far higher spikes, researchers note import options could soften the impact. Still, the California Energy Commission has floated contingency measures as concerns grow over supply reliability during the state’s petroleum phase-out.show more

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YIKES "California is facing a significant, looming gasoline supply crisis in 2026 driven by major refinery closures, which are expected to remove over 20% of the state's refining capacity and cause substantial, rapid price increases. Due to the shutdown of plants like Phillips 66 in Wilmington and Valero in Benicia, in-state production is falling well below demand, creating risks of shortages and potential price spikes exceeding $8 per gallon."

YIKES "California is facing a significant, looming gasoline supply crisis in 2026 driven by major refinery closures, which are expected to remove over 20% of the state's refining capacity and cause substantial, rapid price increases. Due to the shutdown of plants like Phillips 66 in Wilmington and Valero in Benicia, in-state production is falling well below demand, creating risks of shortages and potential price spikes exceeding $8 per gallon."

Angela Rose

51,580 görüntüleme • 8 ay önce

This New Jersey teacher nails it: California's closing major refineries (Phillips 66 already done, Valero Benicia next by April 2026), slashing ~17% of their capacity. That means less gas supply flowing to Arizona & Nevada too.Result? Experts warn of big price spikes across the West Coast in 2026, potentially $1+ higher per gallon, or even $7-8 in CA if things go this green policy gone too far, or necessary for the environment? What's your take, worth the pain at the pump?👇

This New Jersey teacher nails it: California's closing major refineries (Phillips 66 already done, Valero Benicia next by April 2026), slashing ~17% of their capacity. That means less gas supply flowing to Arizona & Nevada too.Result? Experts warn of big price spikes across the West Coast in 2026, potentially $1+ higher per gallon, or even $7-8 in CA if things go this green policy gone too far, or necessary for the environment? What's your take, worth the pain at the pump?👇

𝐃𝐔𝐓𝐂𝐇

83,728 görüntüleme • 9 ay önce

WOW! If Californians don’t stop voting for Newsom and alike, their future looks very gloomy, to say the least. California is facing a growing energy crisis as refinery shutdowns threaten fuel supplies and push gas prices even higher. Together, these refineries account for nearly 20% of California’s in-state refining capacity. Major corporations are choosing to lose billions rather than continue operating in a state that has created an increasingly hostile business environment — all thanks to the policies of Gavin Newsom and California Democrats. USC professor Michael Mische, who spent over 50 years studying the oil and gas industry, devoted more than a year to analyzing California’s gasoline prices using the state’s own data. When he attempted to share his findings and warn the governor about looming gas price increases, he was met with hostility, and his work was aggressively discredited by the Newsom administration. To put the cost into perspective: when gas sells for $5.19 per gallon, about 44 cents goes directly to California taxes and regulatory fees. Gas stations themselves make only 8 to 12 cents per gallon, while the state collects roughly 60 cents on that same gallon of gas. And where does that money go? About 25% is funneled into Gavin Newsom’s high-speed rail project. Millions of Californians are being taxed to pay for a train they will likely never ride in their lifetime — yet they are forced to subsidize it every time they fill up their tank.

WOW! If Californians don’t stop voting for Newsom and alike, their future looks very gloomy, to say the least. California is facing a growing energy crisis as refinery shutdowns threaten fuel supplies and push gas prices even higher. Together, these refineries account for nearly 20% of California’s in-state refining capacity. Major corporations are choosing to lose billions rather than continue operating in a state that has created an increasingly hostile business environment — all thanks to the policies of Gavin Newsom and California Democrats. USC professor Michael Mische, who spent over 50 years studying the oil and gas industry, devoted more than a year to analyzing California’s gasoline prices using the state’s own data. When he attempted to share his findings and warn the governor about looming gas price increases, he was met with hostility, and his work was aggressively discredited by the Newsom administration. To put the cost into perspective: when gas sells for $5.19 per gallon, about 44 cents goes directly to California taxes and regulatory fees. Gas stations themselves make only 8 to 12 cents per gallon, while the state collects roughly 60 cents on that same gallon of gas. And where does that money go? About 25% is funneled into Gavin Newsom’s high-speed rail project. Millions of Californians are being taxed to pay for a train they will likely never ride in their lifetime — yet they are forced to subsidize it every time they fill up their tank.

I Meme Therefore I Am 🇺🇸

74,625 görüntüleme • 9 ay önce

🚨 TRUMP CALLS OUT CALIFORNIA’S SKY-HIGH GAS PRICES President Trump is in California highlighting the state’s pain at the pump. He noted oil prices have fallen significantly, yet California drivers are still paying over $6 a gallon, far higher than the rest of the country. His prediction: national prices are heading into the $3s and possibly the $2s soon. California’s extra pain, he argued, comes from its own taxes and policies. Local analysis backs that up: unique fuel blend requirements, refinery closures driven by the state’s green agenda, and heavy reliance on imported fuel have left California uniquely exposed. Meanwhile, a first-of-its-kind billionaire wealth tax is headed to the November ballot in the state, a measure even some Democrats are wary of, though the progressive base is pushing hard. Trump’s message is clear: California’s problems are largely self-inflicted.

🚨 TRUMP CALLS OUT CALIFORNIA’S SKY-HIGH GAS PRICES President Trump is in California highlighting the state’s pain at the pump. He noted oil prices have fallen significantly, yet California drivers are still paying over $6 a gallon, far higher than the rest of the country. His prediction: national prices are heading into the $3s and possibly the $2s soon. California’s extra pain, he argued, comes from its own taxes and policies. Local analysis backs that up: unique fuel blend requirements, refinery closures driven by the state’s green agenda, and heavy reliance on imported fuel have left California uniquely exposed. Meanwhile, a first-of-its-kind billionaire wealth tax is headed to the November ballot in the state, a measure even some Democrats are wary of, though the progressive base is pushing hard. Trump’s message is clear: California’s problems are largely self-inflicted.

Gunther Eagleman™

19,682 görüntüleme • 2 ay önce

💥 UAF Unmanned Systems Hit One of Russia’s Largest Oil Refineries On the night of September 14, operators of the 14th Unmanned Aerial Vehicle Regiment of the Unmanned Systems Forces (@14reg_army) , together with Special Operations Forces units, carried out a successful strike on Russia’s second-largest oil refinery – “Kirishi Oil Refinery” in Leningrad Oblast. This #DeepStrike was conducted over 800 km from Ukraine’s state border. The Kirishi Oil Refinery is the main supplier of petroleum products for St. Petersburg, as well as Leningrad, Novgorod, and Pskov oblasts. Its processing capacity exceeds 20 million tons of oil per year, making it the second-largest refinery in the country after the Omsk refinery. The plant produces about 80 types of petroleum products, including gasoline, diesel, fuel oil, and jet fuel, and is directly involved in supplying the Russian army with fuel. As a result of the drone strike, a large fire broke out at the facility, confirmed by NASA FIRMS satellite monitoring data. Battle damage assessment is ongoing. The Unmanned Systems Forces consistently work to degrade Russia’s ability to supply its troops with fuel and to continue its war against Ukraine. 🇺🇦 USF: One Step Ahead!

💥 UAF Unmanned Systems Hit One of Russia’s Largest Oil Refineries On the night of September 14, operators of the 14th Unmanned Aerial Vehicle Regiment of the Unmanned Systems Forces (@14reg_army) , together with Special Operations Forces units, carried out a successful strike on Russia’s second-largest oil refinery – “Kirishi Oil Refinery” in Leningrad Oblast. This #DeepStrike was conducted over 800 km from Ukraine’s state border. The Kirishi Oil Refinery is the main supplier of petroleum products for St. Petersburg, as well as Leningrad, Novgorod, and Pskov oblasts. Its processing capacity exceeds 20 million tons of oil per year, making it the second-largest refinery in the country after the Omsk refinery. The plant produces about 80 types of petroleum products, including gasoline, diesel, fuel oil, and jet fuel, and is directly involved in supplying the Russian army with fuel. As a result of the drone strike, a large fire broke out at the facility, confirmed by NASA FIRMS satellite monitoring data. Battle damage assessment is ongoing. The Unmanned Systems Forces consistently work to degrade Russia’s ability to supply its troops with fuel and to continue its war against Ukraine. 🇺🇦 USF: One Step Ahead!

🇺🇦 Unmanned Systems Forces

167,687 görüntüleme • 1 yıl önce

SEYI MAKINDE RAISED THE SAME MATTER THAT I HAVE BEEN PLEADING WITH THE FGN TO EXECUTE SINCE 2023 SUBSIDISED PRODUCTION PRICING MODEL.THE SAME MODEL ADOPTED BY SAUDI ARABIA THE NNPC LTD AND DANGOTE REFINERIES ARE CURRENTLY FLEECING NIGERIANS THROUGH THEIR OBNOXIOUS ROCKET AND FEATHER PMS PRICE ADJUSTMENTS MECHANISM.. NMDPRA IS TIED UP BY THE CRIMINAL INSERTIONS IN THE PIB , THUS, HINDERED TO DO ANYTHING TO STOP THIS FLEECING.... I WISH TO SHARE MY CREATIVE SOLUTIONS AGAIN👇 I wrote the article below on July 2, 2023. I MODIFIED IT AGAIN IN 2024 AND MARCH 9, 2026... TODAY, SEPTEMBER 5, 2026, I AM sharing it again for the benefits of those, who honestly desire to see Nigeria fixed ...PROVERB 25:5 IS THE LOT OF NIGERIA TODAY.... All over the sane world, what is subsidised is production and not consumption... 💢TRANSPARENTLY SUBSIDISING DOMESTIC CRUDE OIL REFINING AND WHITE PETROLEUM PRODUCTS PRODUCTION IN NIGERIA ... ✍️The greatest impediment to creativity, production and support of honest entrepreneurship in Nigeria is the massive public sector corruption.... ✍️Nigeria has three refinery complex with combined refining capacity of 445,000 barrels a day that is dormant and refining nothing... ✍️The refineries are: 1. The Port Harcourt refinery comprises two units – the old plant 60,000bpd and the new plant (150,000bpd): 2. The Warri refinery has a capacity of 125,000bpd 3. The Kaduna Refinery with a 110,000 barrels per day refining capacity... ✍️Between 1993 to 2025, Nigeria has wasted over $17billion to $25billion on failed Turn Around Maintenance Programs on those three refinery complex with no success in sight . ✍️ These are brand new three refineries, that were built over a combined period, that spanned 24 years [ 1962 to 1986], between 3 Heads of State [ Gowon, Obasanjo and Babaginda] ✍️Kindly recollect that in March 2021, the Federal Executive Council approved $1.5 billion for the rehabilitation of the Port Harcourt refinery. The Federal Government said the rehabilitation contract was awarded to Tecnimont SPA, an Italian company, and the refinery would be rehabilitated in about 44 months. ✍️In August 2021, FEC approved $1.48 billion for the rehabilitation of the Warri and Kaduna refineries. $897 million would be spent to repair the Warri refinery, while the Kaduna refinery will gulp $586 million. ✍️The contracts were awarded to Messers Saipem SPA and Saipem Contracting Limited and the refineries will be rehabilitated in three phases of 21, 23 and 33 months respectively. ✍️kindly note that Melee Kyari and co, just like I predicted in 2021/22,wasted and misappropriated the whole $3billion without the Refineries working ✍️In 2026. President Tinubu rather than take the creative and more pragmatic steps of unbundling and Restructuring the ownership, operation and management the NNPC, so as to enable it run like the PETROBRAS AND NLNG, has once again like Buhari, caved in to the wrong counsels of these guys , who leech on our common patrimony, by approving another NNPC waste jamboree of $2.5billion with the Chinese. Any revamp works with NNPC still under the existing public sector corruption chokehold will never work . ✍️To build a brand new 160,000 barrels per day [8million/tons per annum] capacity refineries w equipped with catalytic cracking, vis-breaking, and gasoline units to yield upto 55% of gasoline from a barrel of crude processed with cost about $6billion ... ✍️Kindly note that out of this projected N6billion cost outlay, the very high proportion of “offsites” (production of utilities, storage, receiving and shipping facilities), represents almost 50% of the cost of such refinery..[ these facilties already exist in the existing refineries in Warri and Portharcourt ✍️Without sentiments, the Kaduna Refinery which is located far away from heavy crude supplies and looking at modern refinery technology in place today is way obsolete, unprofitable and should be scrapped

OBIARAERI, Nnaemeka Onyeka.

261,504 görüntüleme • 1 ay önce

‼️‼️🇺🇦🇷🇺 BIG | Ukraine’s deep strikes are hitting one of Russia’s most sensitive pressure points: its economy. A growing fuel crisis is now exposing weaknesses inside the Russian system, as refinery attacks, rising prices, and shortages begin creating public frustration that the Kremlin can no longer easily hide. According to Le Monde, Ukrainian strikes on Russian oil infrastructure have significantly reduced refining capacity, triggering fuel shortages across parts of the country. Long queues at gas stations, higher prices, and a growing black market are becoming increasingly visible signs of economic pressure. The report estimates that Russia’s refining capabilities have fallen by around 40%, while distrust in official statements is driving panic buying and worsening supply problems. The economic strain is spreading beyond the energy sector, with concerns also emerging around Russia’s banking system and a rise in problem loans. This crisis highlights a broader strategic shift in the war. Ukraine is increasingly targeting the economic foundations that help finance Russia’s military machine. While the Kremlin can control information, it is far harder to hide empty fuel stations, rising costs, and growing pressure on ordinary citizens. The longer these disruptions continue, the greater the challenge for Moscow to maintain the illusion of economic stability. See the latest updates with us: Visioner

‼️‼️🇺🇦🇷🇺 BIG | Ukraine’s deep strikes are hitting one of Russia’s most sensitive pressure points: its economy. A growing fuel crisis is now exposing weaknesses inside the Russian system, as refinery attacks, rising prices, and shortages begin creating public frustration that the Kremlin can no longer easily hide. According to Le Monde, Ukrainian strikes on Russian oil infrastructure have significantly reduced refining capacity, triggering fuel shortages across parts of the country. Long queues at gas stations, higher prices, and a growing black market are becoming increasingly visible signs of economic pressure. The report estimates that Russia’s refining capabilities have fallen by around 40%, while distrust in official statements is driving panic buying and worsening supply problems. The economic strain is spreading beyond the energy sector, with concerns also emerging around Russia’s banking system and a rise in problem loans. This crisis highlights a broader strategic shift in the war. Ukraine is increasingly targeting the economic foundations that help finance Russia’s military machine. While the Kremlin can control information, it is far harder to hide empty fuel stations, rising costs, and growing pressure on ordinary citizens. The longer these disruptions continue, the greater the challenge for Moscow to maintain the illusion of economic stability. See the latest updates with us: Visioner

Visioner

57,056 görüntüleme • 2 ay önce

🇺🇸 🇮🇷 DEMOCRATS TO BLAME FOR HIGH GAS PRICES! - 20% of California's refining capacity is shutting down in just two years. Two of the state's biggest refineries are closing. Phillips 66 in Los Angeles this year, and Valero's Benicia refinery next year. Together that is roughly a fifth of all the gasoline California refines for itself. Gone. This did not happen by accident. It happened by design. Gavin Newsom and the Democrat supermajority slapped a profit cap on refiners. They forced them to hold expensive minimum inventories. They piled on cap and trade, the strictest fuel rules in the nation, and a 2035 ban on new gas cars. They told the refiners in plain English that California wanted them gone! So the refiners are leaving. Here is what comes next. Less supply in an isolated market means one thing at the pump. Higher prices. California already pays about two dollars a gallon more than Texas, and it is about to get worse! Then watch the magic trick. The same politicians who capped, taxed, and regulated these refineries out of existence will go on TV and blame greedy oil companies for the prices they created. They lit the fire. Now they want to sell you the fire extinguisher. Remember in November who really emptied your wallet at the pump!

🇺🇸 🇮🇷 DEMOCRATS TO BLAME FOR HIGH GAS PRICES! - 20% of California's refining capacity is shutting down in just two years. Two of the state's biggest refineries are closing. Phillips 66 in Los Angeles this year, and Valero's Benicia refinery next year. Together that is roughly a fifth of all the gasoline California refines for itself. Gone. This did not happen by accident. It happened by design. Gavin Newsom and the Democrat supermajority slapped a profit cap on refiners. They forced them to hold expensive minimum inventories. They piled on cap and trade, the strictest fuel rules in the nation, and a 2035 ban on new gas cars. They told the refiners in plain English that California wanted them gone! So the refiners are leaving. Here is what comes next. Less supply in an isolated market means one thing at the pump. Higher prices. California already pays about two dollars a gallon more than Texas, and it is about to get worse! Then watch the magic trick. The same politicians who capped, taxed, and regulated these refineries out of existence will go on TV and blame greedy oil companies for the prices they created. They lit the fire. Now they want to sell you the fire extinguisher. Remember in November who really emptied your wallet at the pump!

Bill Mitchell

20,308 görüntüleme • 21 gün önce

$❗️❗️❗️A detailed structural analysis of the July 12 overnight drone strike on the Syzran Oil Refinery in Russia's Samara Oblast confirms the most devastating blow to the facility since the start of the conflict, systematically crippling its entire technological chain. Operated by state-owned giant Rosneft, the Syzran facility is a cornerstone of the Middle Volga energy infrastructure, boasting an annual design capacity of approximately 8.9 million tons of crude oil. The refinery serves as the primary fuel lifeline for the Samara, Ulyanovsk, and Penza oblasts, alongside the Republics of Mordovia and Chuvashia, while funneling critical refined products to Russia's broader regional markets. While previously targeted by Ukrainian Defense Forces, the latest precision raid achieved unprecedented operational paralysis by simultaneously striking the refinery's entrance gates and its advanced deep-refining infrastructure. At the core of the destruction is the AVT-5 unit, one of the refinery's vital atmospheric-vacuum distillation installations responsible for the initial separation of crude oil into foundational fractions. Simultaneously, multiple kamikaze drones directly impacted the ELOU-AVT-6 unit, which handles crucial crude desalinization, dehydration, and primary distillation. By taking down both the AVT-5 and ELOU-AVT-6 units, Ukraine has effectively closed the "input gates" of the entire technological cycle, stripping the refinery of its ability to process raw crude oil. Beyond the primary processing hubs, the precision drone swarm successfully knocked out several highly specialized downstream installations: The Isomerization Unit (PGI-DIG/280), which synthesizes the high-octane components required to manufacture premium automotive gasoline. The Hydrotreating Unit, designed to purify fuel fractions by stripping out sulfur and corrosive impurities. The Catalytic Cracking Unit, a critical deep-refining installation essential for maximizing the output of high-grade gasoline and light petroleum products.$

❗️❗️❗️A detailed structural analysis of the July 12 overnight drone strike on the Syzran Oil Refinery in Russia's Samara Oblast confirms the most devastating blow to the facility since the start of the conflict, systematically crippling its entire technological chain. Operated by state-owned giant Rosneft, the Syzran facility is a cornerstone of the Middle Volga energy infrastructure, boasting an annual design capacity of approximately 8.9 million tons of crude oil. The refinery serves as the primary fuel lifeline for the Samara, Ulyanovsk, and Penza oblasts, alongside the Republics of Mordovia and Chuvashia, while funneling critical refined products to Russia's broader regional markets. While previously targeted by Ukrainian Defense Forces, the latest precision raid achieved unprecedented operational paralysis by simultaneously striking the refinery's entrance gates and its advanced deep-refining infrastructure. At the core of the destruction is the AVT-5 unit, one of the refinery's vital atmospheric-vacuum distillation installations responsible for the initial separation of crude oil into foundational fractions. Simultaneously, multiple kamikaze drones directly impacted the ELOU-AVT-6 unit, which handles crucial crude desalinization, dehydration, and primary distillation. By taking down both the AVT-5 and ELOU-AVT-6 units, Ukraine has effectively closed the "input gates" of the entire technological cycle, stripping the refinery of its ability to process raw crude oil. Beyond the primary processing hubs, the precision drone swarm successfully knocked out several highly specialized downstream installations: The Isomerization Unit (PGI-DIG/280), which synthesizes the high-octane components required to manufacture premium automotive gasoline. The Hydrotreating Unit, designed to purify fuel fractions by stripping out sulfur and corrosive impurities. The Catalytic Cracking Unit, a critical deep-refining installation essential for maximizing the output of high-grade gasoline and light petroleum products.

NSTRIKE

19,545 görüntüleme • 2 ay önce

$❗️❗️❗️🇺🇦A detailed structural analysis of the July 12 overnight drone strike on the Syzran Oil Refinery in Russia's Samara Oblast confirms the most devastating blow to the facility since the start of the conflict, systematically crippling its entire technological chain. Operated by state-owned giant Rosneft, the Syzran facility is a cornerstone of the Middle Volga energy infrastructure, boasting an annual design capacity of approximately 8.9 million tons of crude oil. The refinery serves as the primary fuel lifeline for the Samara, Ulyanovsk, and Penza oblasts, alongside the Republics of Mordovia and Chuvashia, while funneling critical refined products to Russia's broader regional markets. While previously targeted by Ukrainian Defense Forces, the latest precision raid achieved unprecedented operational paralysis by simultaneously striking the refinery's entrance gates and its advanced deep-refining infrastructure. At the core of the destruction is the AVT-5 unit, one of the refinery's vital atmospheric-vacuum distillation installations responsible for the initial separation of crude oil into foundational fractions. Simultaneously, multiple kamikaze drones directly impacted the ELOU-AVT-6 unit, which handles crucial crude desalinization, dehydration, and primary distillation. By taking down both the AVT-5 and ELOU-AVT-6 units, Ukraine has effectively closed the "input gates" of the entire technological cycle, stripping the refinery of its ability to process raw crude oil. Beyond the primary processing hubs, the precision drone swarm successfully knocked out several highly specialized downstream installations: The Isomerization Unit (PGI-DIG/280), which synthesizes the high-octane components required to manufacture premium automotive gasoline. The Hydrotreating Unit, designed to purify fuel fractions by stripping out sulfur and corrosive impurities. The Catalytic Cracking Unit, a critical deep-refining installation essential for maximizing the output of high-grade gasoline and light petroleum products.$

❗️❗️❗️🇺🇦A detailed structural analysis of the July 12 overnight drone strike on the Syzran Oil Refinery in Russia's Samara Oblast confirms the most devastating blow to the facility since the start of the conflict, systematically crippling its entire technological chain. Operated by state-owned giant Rosneft, the Syzran facility is a cornerstone of the Middle Volga energy infrastructure, boasting an annual design capacity of approximately 8.9 million tons of crude oil. The refinery serves as the primary fuel lifeline for the Samara, Ulyanovsk, and Penza oblasts, alongside the Republics of Mordovia and Chuvashia, while funneling critical refined products to Russia's broader regional markets. While previously targeted by Ukrainian Defense Forces, the latest precision raid achieved unprecedented operational paralysis by simultaneously striking the refinery's entrance gates and its advanced deep-refining infrastructure. At the core of the destruction is the AVT-5 unit, one of the refinery's vital atmospheric-vacuum distillation installations responsible for the initial separation of crude oil into foundational fractions. Simultaneously, multiple kamikaze drones directly impacted the ELOU-AVT-6 unit, which handles crucial crude desalinization, dehydration, and primary distillation. By taking down both the AVT-5 and ELOU-AVT-6 units, Ukraine has effectively closed the "input gates" of the entire technological cycle, stripping the refinery of its ability to process raw crude oil. Beyond the primary processing hubs, the precision drone swarm successfully knocked out several highly specialized downstream installations: The Isomerization Unit (PGI-DIG/280), which synthesizes the high-octane components required to manufacture premium automotive gasoline. The Hydrotreating Unit, designed to purify fuel fractions by stripping out sulfur and corrosive impurities. The Catalytic Cracking Unit, a critical deep-refining installation essential for maximizing the output of high-grade gasoline and light petroleum products.

NSTRIKE

24,827 görüntüleme • 2 ay önce

HOW INTL OIL ‘SABOTAGED’ AFRICAN REFINERY Neo-colonialism, as defined by Kwame Nkrumah, is the practice of using economic, political and cultural tools to control a country without direct military occupation. The effective sabotage in 2024 of Nigeria’s Dangote Refinery is a textbook example of neo-colonialism at play. It demonstrates how multinational corporations and foreign governments work together to maintain a system that benefits the West at Africa’s expense. When Africa’s richest man, Aliko Dangote, announced his ambitious plan to build a $20-billion refinery in Nigeria, it sent shockwaves through the oil industry. Its goal is nothing short of revolutionary: to meet Nigeria’s domestic demand for refined petroleum products, eliminate the need for imports and even export to other African countries. But such a move was never going to be welcomed by those who benefit from the status quo. One of the most blatant acts of sabotage came from international oil companies, which essentially refused to sell Nigerian crude oil to the Dangote Refinery. Instead, they demanded a $6 premium above the market price, a move designed to make the refinery’s operations financially unviable. Forced to look elsewhere, the Dangote Refinery had to source crude oil from Brazil and the United States at higher costs, further straining its operations, even though the local market desperately needs petroleum products and the country wastes fortunes importing them. The sabotage of the Dangote Refinery is a stark reminder that the fight for African independence is far from over. While the days of formal colonialism may be behind us, the structures of exploitation remain firmly in place. Over the years, numerous attempts by African nations to build refining capacity and move up the value chain have been thwarted by the stranglehold of foreign corporations. For example, Angola, Africa’s second-largest oil producer, exports most of its crude oil - while importing over 80% of its refined petroleum products. Efforts to build local refineries have been repeatedly delayed or derailed, often due to pressure from foreign interests. The situation extends beyond oil. Africa’s vast reserves of minerals, timber, and agricultural products are similarly exported as raw materials, with the value-added processing taking place in Europe, North America, or China. Despite the interference, it’s hoped Dangote’s refinery will - eventually - boost pan-African integration and pave the way for a more self-reliant energy future across the continent.

HOW INTL OIL ‘SABOTAGED’ AFRICAN REFINERY Neo-colonialism, as defined by Kwame Nkrumah, is the practice of using economic, political and cultural tools to control a country without direct military occupation. The effective sabotage in 2024 of Nigeria’s Dangote Refinery is a textbook example of neo-colonialism at play. It demonstrates how multinational corporations and foreign governments work together to maintain a system that benefits the West at Africa’s expense. When Africa’s richest man, Aliko Dangote, announced his ambitious plan to build a $20-billion refinery in Nigeria, it sent shockwaves through the oil industry. Its goal is nothing short of revolutionary: to meet Nigeria’s domestic demand for refined petroleum products, eliminate the need for imports and even export to other African countries. But such a move was never going to be welcomed by those who benefit from the status quo. One of the most blatant acts of sabotage came from international oil companies, which essentially refused to sell Nigerian crude oil to the Dangote Refinery. Instead, they demanded a $6 premium above the market price, a move designed to make the refinery’s operations financially unviable. Forced to look elsewhere, the Dangote Refinery had to source crude oil from Brazil and the United States at higher costs, further straining its operations, even though the local market desperately needs petroleum products and the country wastes fortunes importing them. The sabotage of the Dangote Refinery is a stark reminder that the fight for African independence is far from over. While the days of formal colonialism may be behind us, the structures of exploitation remain firmly in place. Over the years, numerous attempts by African nations to build refining capacity and move up the value chain have been thwarted by the stranglehold of foreign corporations. For example, Angola, Africa’s second-largest oil producer, exports most of its crude oil - while importing over 80% of its refined petroleum products. Efforts to build local refineries have been repeatedly delayed or derailed, often due to pressure from foreign interests. The situation extends beyond oil. Africa’s vast reserves of minerals, timber, and agricultural products are similarly exported as raw materials, with the value-added processing taking place in Europe, North America, or China. Despite the interference, it’s hoped Dangote’s refinery will - eventually - boost pan-African integration and pave the way for a more self-reliant energy future across the continent.

African Stream

13,910 görüntüleme • 1 yıl önce

THE WEST FEARS AFRICA’S FUEL LIBERATION For over a century, Africa has been trapped in a colonial "extraction loop": exporting raw crude for pennies and buying back refined fuel from the West at a massive premium. But the era of dependence could be coming to an end. Following Nigeria’s shift into a net exporter of refined fuel, driven by the success of the Dangote Refinery, Africa’s richest man, Aliko Dangote, has unveiled plans to replicate his success in Nigeria by building a 650,000-barrel-per-day mega-refinery in East Africa — a move that could signal the export of a model aimed at breaking dependence on imported fuel. The cost of Africa’s fuel dependency is staggering. For example, while Angola holds nearly 8 billion barrels of oil, it still spent $854 million on fuel imports at the end of 2025 alone. This “trap” drains foreign reserves while enriching overseas refineries. However, in Nigeria, the Dangote Refinery is beginning to disrupt this cycle, processing around 565,000 barrels per day as of March 2026 and supplying the vast majority of the domestic market. As a result, the chronic fuel queues that once defined daily life in Africa’s second-largest economy have largely disappeared. But Africans refining for Africans is a nightmare for European oil giants. Consequently, the World Bank - where the US is the largest shareholder - has launched a counter-offensive. In April 2026, the Bank advised Nigeria to resume fuel imports, claiming they are "cheaper." Critics suggest that this "advice" is an attempt to force Nigeria to reopen import licenses for Western giants whose market share has evaporated. The West only advocates for "competition" when it means African industries competing against subsidised European giants. By refining at home, Africa saves billions in foreign exchange and creates thousands of local jobs. True sovereignty is not found in World Bank loans with colonial conditions. It is found in the power to fuel your own future.

THE WEST FEARS AFRICA’S FUEL LIBERATION For over a century, Africa has been trapped in a colonial "extraction loop": exporting raw crude for pennies and buying back refined fuel from the West at a massive premium. But the era of dependence could be coming to an end. Following Nigeria’s shift into a net exporter of refined fuel, driven by the success of the Dangote Refinery, Africa’s richest man, Aliko Dangote, has unveiled plans to replicate his success in Nigeria by building a 650,000-barrel-per-day mega-refinery in East Africa — a move that could signal the export of a model aimed at breaking dependence on imported fuel. The cost of Africa’s fuel dependency is staggering. For example, while Angola holds nearly 8 billion barrels of oil, it still spent $854 million on fuel imports at the end of 2025 alone. This “trap” drains foreign reserves while enriching overseas refineries. However, in Nigeria, the Dangote Refinery is beginning to disrupt this cycle, processing around 565,000 barrels per day as of March 2026 and supplying the vast majority of the domestic market. As a result, the chronic fuel queues that once defined daily life in Africa’s second-largest economy have largely disappeared. But Africans refining for Africans is a nightmare for European oil giants. Consequently, the World Bank - where the US is the largest shareholder - has launched a counter-offensive. In April 2026, the Bank advised Nigeria to resume fuel imports, claiming they are "cheaper." Critics suggest that this "advice" is an attempt to force Nigeria to reopen import licenses for Western giants whose market share has evaporated. The West only advocates for "competition" when it means African industries competing against subsidised European giants. By refining at home, Africa saves billions in foreign exchange and creates thousands of local jobs. True sovereignty is not found in World Bank loans with colonial conditions. It is found in the power to fuel your own future.

Sovereign Media

12,304 görüntüleme • 5 ay önce

🚨Port Arthur Refinery explodes into flames An explosion rocked America's 9th largest refinery (cap.: 369k bbls/day) operated by Wilmar Pedraza late Monday afternoon, forcing employee evacuations and shelter-in-place orders for nearby neighborhoods. Here's what we know: ⚡️The explosion occurred in a 243-Diesel hydrotreater unit capable of producing about 47,000 bpd of the universal commercial transport fuel. ⚡️The refinery remains shut down Tuesday morning pending investigation and inspections. ⚡️Luckily, no major injuries were reported and all personnel are safe, though some of the plant's 770 employees suffered minor injuries. ⚡️The Valero plant specializes in the processing of heavy sour oil into gasoline, Diesel and jet fuel. ⚡️Key to note: The plant has served as the main destination point of Venezuelan crude coming into the U.S. since the deposition of former dictator Nicolas Maduro. ⚡️Until Port Arthur can be reopened, those cargoes will need to be re-routed to other, similarly tooled refineries in Lake Charles, Houston, and Corpus Christi. ⚡️Yet to be determined: This *could* cause further tightening in the Diesel market along with some minor price increases. Bottom Line: Refinery fires always create catastrophic-looking videos like this one, but few really evolve into catastrophic events. That's the case here: The Port Arthur Refinery fire will cause some minor displacements as repairs are made, but the market impacts will be small. Give a word of thanks that everyone is safe. #oil #refining #portarthur #Valero #diesel #gasprice

🚨Port Arthur Refinery explodes into flames An explosion rocked America's 9th largest refinery (cap.: 369k bbls/day) operated by Wilmar Pedraza late Monday afternoon, forcing employee evacuations and shelter-in-place orders for nearby neighborhoods. Here's what we know: ⚡️The explosion occurred in a 243-Diesel hydrotreater unit capable of producing about 47,000 bpd of the universal commercial transport fuel. ⚡️The refinery remains shut down Tuesday morning pending investigation and inspections. ⚡️Luckily, no major injuries were reported and all personnel are safe, though some of the plant's 770 employees suffered minor injuries. ⚡️The Valero plant specializes in the processing of heavy sour oil into gasoline, Diesel and jet fuel. ⚡️Key to note: The plant has served as the main destination point of Venezuelan crude coming into the U.S. since the deposition of former dictator Nicolas Maduro. ⚡️Until Port Arthur can be reopened, those cargoes will need to be re-routed to other, similarly tooled refineries in Lake Charles, Houston, and Corpus Christi. ⚡️Yet to be determined: This could cause further tightening in the Diesel market along with some minor price increases. Bottom Line: Refinery fires always create catastrophic-looking videos like this one, but few really evolve into catastrophic events. That's the case here: The Port Arthur Refinery fire will cause some minor displacements as repairs are made, but the market impacts will be small. Give a word of thanks that everyone is safe. #oil #refining #portarthur #Valero #diesel #gasprice

⚡️David Blackmon⚡️

14,264 görüntüleme • 6 ay önce

NNPC is trending because Aliko Dangote has openly told them to STOP importing fuel. Today, after a meeting with Pres. Tinubu, Dangote hinted that fuel is scarce in some parts of Nigeria, but if marketers patronize him, the scarcity will disappear. Because they have half a billion litres of fuel just sitting idle at the factory. Dangote called on, NNPCL, marketers to stop importing. When his refinery is producing more than enough to supply the entire country. Dr. Aliko Dangote said the refinery can produce up to 30M litres daily, if only NNPC can supply him enough crude oil, and even if the country needs 55M per day, his refinery is up to the task. Adding that they have 500M litres in their tank waiting to be lifted. But marketers won't patronize them, and he can't do anything about the scarcity because he is not a retailer. That, he doesn't understand why they prefer to import and distribute products that he already has in excess at his factory, when they can just simply distribute from his factory. Nigerians are of two opinions; some believe he is not being transparent with NNPC and Nigerians, that's why they are not buying from him. While other analysts think it's all a conspiracy to force him out of business, and Malta has fingers in it. Ultimately, Nigerians don't think there is fuel scarcity. Instead, the inability of people to afford it. ICYMI: Dangote dragged NNPC and NMDPRA to court and slammed them ₦100bn in damages for permitting companies to import petrol into the country, when his refinery is producing more than required. Which therefore violates Sections 317(8) and (9) of the 2021 PIA. Which states that ; Section 317 (8) The Authority may apply the Backward Integration Policy in the downstream petroleum sector to encourage investment in local refining. (9) Pursuant to subsection (8), licence to import any product shortfalls may be assigned to companies with active local refining licences or proven track records of international crude oil and petroleum products trading. Simply meaning that, you can award import license to companies, only if the local ones are not producing up to the required capacity. However, the law said "may" not "shall". So it is debatable and not definite. The case was adjourned to January 20th, 2025. But Dangote Refinery has revealed that, the case will be settled out of court. Get detailed analytics on your energy consumption • water, electricity & gas. With Vendr Sub-Meters! Inquire now: Vendr Utilities || iOS • Web • Android || info@vendr.ng ||

NNPC is trending because Aliko Dangote has openly told them to STOP importing fuel. Today, after a meeting with Pres. Tinubu, Dangote hinted that fuel is scarce in some parts of Nigeria, but if marketers patronize him, the scarcity will disappear. Because they have half a billion litres of fuel just sitting idle at the factory. Dangote called on, NNPCL, marketers to stop importing. When his refinery is producing more than enough to supply the entire country. Dr. Aliko Dangote said the refinery can produce up to 30M litres daily, if only NNPC can supply him enough crude oil, and even if the country needs 55M per day, his refinery is up to the task. Adding that they have 500M litres in their tank waiting to be lifted. But marketers won't patronize them, and he can't do anything about the scarcity because he is not a retailer. That, he doesn't understand why they prefer to import and distribute products that he already has in excess at his factory, when they can just simply distribute from his factory. Nigerians are of two opinions; some believe he is not being transparent with NNPC and Nigerians, that's why they are not buying from him. While other analysts think it's all a conspiracy to force him out of business, and Malta has fingers in it. Ultimately, Nigerians don't think there is fuel scarcity. Instead, the inability of people to afford it. ICYMI: Dangote dragged NNPC and NMDPRA to court and slammed them ₦100bn in damages for permitting companies to import petrol into the country, when his refinery is producing more than required. Which therefore violates Sections 317(8) and (9) of the 2021 PIA. Which states that ; Section 317 (8) The Authority may apply the Backward Integration Policy in the downstream petroleum sector to encourage investment in local refining. (9) Pursuant to subsection (8), licence to import any product shortfalls may be assigned to companies with active local refining licences or proven track records of international crude oil and petroleum products trading. Simply meaning that, you can award import license to companies, only if the local ones are not producing up to the required capacity. However, the law said "may" not "shall". So it is debatable and not definite. The case was adjourned to January 20th, 2025. But Dangote Refinery has revealed that, the case will be settled out of court. Get detailed analytics on your energy consumption • water, electricity & gas. With Vendr Sub-Meters! Inquire now: Vendr Utilities || iOS • Web • Android || [email protected] ||

Trending Explained

31,657 görüntüleme • 1 yıl önce

SEEING IS BELIEVING- PH REFINERY Today, I was opportune to visit Port Harcourt Refinery to have firsthand experience on the operations of the refinery which commenced operation last month after about 3 years of intensive rehabilitation exercise. 1. The Refinery is a subsidiary of the Nigerian National Petroleum Company Limited, NNPC Limited and is located in Alesa-Eleme, few miles from Port Harcourt, Rivers State. The petrochemical complex consists of 2 different refineries, the Old PH Refinery, commissioned in 1965 with a nameplate capacity of 60,000 barrels per stream day (bpsd) and the New PH Refinery, commissioned in 1989 with a nameplate capacity of 150,000 bpsd bringing the combined capacity to 210,000 bpsd. 2. After years of underperformance due to operational challenges and inadequate maintenance, NNPCL, under the able leadership of the GCEO, Mele Kyari, Mele Kyari, OFR, initiated a comprehensive rehabilitation of the refineries in 2021. This effort resulted in the successful restart of the 60,000-bpsd hydroskimming refinery on November 22nd, 2024. As of November 26, 2024, the refinery was operating at 70% of its nameplate capacity, producing premium motor spirit (PMS), automotive gas oil (AGO), household kerosene (HHK), low-pour fuel oil and liquefied petroleum gas (LPG). 3. We were taken round the entire facility and I was excited about this particular rehabilitation project because almost all the pumps, instruments, valves, cables, flow meters, pipes, control equipment, tubes and cases have been completely replaced making almost brand new facility unlike ordinary rehabilitation projects where just few things are replaced. 4. The refinery currently produces the following daily outputs: PMS- 1.4m liters Kerosene: 900,000 liters AGO or Diesel-1.5m liters Low Pour Fuel Oil (LPFO): 2.1m liters Loading was ongoing with about 5 of the loading gantries actively loading due to the upcoming holiday. 5. We also seized the opportunity to go round and see the ongoing rehabilitation of the New Refinery (150,000 bpsd) which is about to be completed with more than 90% of the major work completed. 6. The revival of this refinery is one of the best things that happened to Nigerians because it has brought about competition in the market which impacted significantly on the price. The price today is N935/L nationwide for Dangote Refinery product and even N925 in some cases for NNPCL product. This is a direct benefit to hardworking Nigerians who are only interested in powering their activities with scarce resources. 7. History will be kind to Buhari who initiated the project, President Bola Tinubu who ensured continuity and completion and also the NNPCL under the able leadership of Mele Kyari for their huge contribution to energy security and nation building. 8. Thanks to the team of Engineers onsite for the warm reception and education. 9. God bless Nigeria 🇳🇬

MS Ingawa

164,444 görüntüleme • 1 yıl önce

Jewel of the Desert is in the service of the nation! Deeply privileged to witness the inauguration of India’s first standalone greenfield refinery-cum-petrochemical complex in nearly a decade by PM Sh Narendra Modi Ji. One of the largest single-location industrial investments built at a cost of ₹79,459 cr with energy Maharatna Hindustan Petroleum Corporation Limited (74%) and Government of Rajasthan (26%) as equity partners, the state-of-the-art complex in Pachpadra, Rajasthan is built as unified project with 9 MMTPA refining and 2.4 MMTPA petrochemical capacity. The refinery will produce about 26% of petchem products from the very beginning. It has a Nelson Complexity Index of 17 & is highly energy efficient. It will have worlds’ largest Polypropylene Unit & Polyethylene swing unit to make more than 30 different polymer grades. The magnitude and scale of the refinery, which will have Asia’s largest ever Coker unit with 125 mtr diameter & 64 mtr height, can be gauged from the following facts: >150 lakh cubic mtr earth moved - 6 times the volume of the great pyramid of Giza! >16 lakh mtr cube of concrete- 5 times the concrete used in Burj Khalifa! >6 lakh tonne structural steel - 40 times the steel used in Eiffel Tower! HPCL’s integrated Refinery cum Petchem complex will be a source of joy, progress, development, prosperity & employment for Barmer & people of Rajasthan. Firmly rooted in PM Modi Ji’s vision of Make in India, it is one of the biggest projects in the oil sector in India, and will further accelerate our journey towards energy self-sufficiency. PM Modi Ji also laid the foundation and dedicated development projects worth over ₹1.06 lakh crore for the people of Rajasthan. PMO India Lok Bhavan Rajasthan Bhajanlal Sharma Government of Rajasthan Diya Kumari Dr Prem Chand Bairwa Joraram Kumawat Madan Singh Rathore

Jewel of the Desert is in the service of the nation! Deeply privileged to witness the inauguration of India’s first standalone greenfield refinery-cum-petrochemical complex in nearly a decade by PM Sh Narendra Modi Ji. One of the largest single-location industrial investments built at a cost of ₹79,459 cr with energy Maharatna Hindustan Petroleum Corporation Limited (74%) and Government of Rajasthan (26%) as equity partners, the state-of-the-art complex in Pachpadra, Rajasthan is built as unified project with 9 MMTPA refining and 2.4 MMTPA petrochemical capacity. The refinery will produce about 26% of petchem products from the very beginning. It has a Nelson Complexity Index of 17 & is highly energy efficient. It will have worlds’ largest Polypropylene Unit & Polyethylene swing unit to make more than 30 different polymer grades. The magnitude and scale of the refinery, which will have Asia’s largest ever Coker unit with 125 mtr diameter & 64 mtr height, can be gauged from the following facts: >150 lakh cubic mtr earth moved - 6 times the volume of the great pyramid of Giza! >16 lakh mtr cube of concrete- 5 times the concrete used in Burj Khalifa! >6 lakh tonne structural steel - 40 times the steel used in Eiffel Tower! HPCL’s integrated Refinery cum Petchem complex will be a source of joy, progress, development, prosperity & employment for Barmer & people of Rajasthan. Firmly rooted in PM Modi Ji’s vision of Make in India, it is one of the biggest projects in the oil sector in India, and will further accelerate our journey towards energy self-sufficiency. PM Modi Ji also laid the foundation and dedicated development projects worth over ₹1.06 lakh crore for the people of Rajasthan. PMO India Lok Bhavan Rajasthan Bhajanlal Sharma Government of Rajasthan Diya Kumari Dr Prem Chand Bairwa Joraram Kumawat Madan Singh Rathore

Hardeep Singh Puri

24,168 görüntüleme • 3 ay önce

Here’s a reason why this is happening that no one is talking about A worldwide energy infrastructure reset has been underway for some time now We’re entering the later stages of this transition where nations and institutions are jockeying for position to benefit the most on the other side of the transition The battle is to secure inputs for EVs, magnets, batteries, semiconductors, defense systems, and grid equipment Of course these materials will fuel the next stage of energy production and distribution Like SMR’s (Small Modular Reactors) which will likely play a major role To slow down the competition, we have been subject to attacks on the most important commodities that are needed to win the race This is why oil, gas, refining, and shipping chokepoints have been the subject of destruction all over the world in recent weeks What the news tells us as the reasons for this phenomenon is mere propaganda Japan is advancing deep sea rare-earth extraction near Minamitorishima, with reports that the mud there contains very large quantities of yttrium and dysprosium These rare earth materials are needed for performance electronics, energy systems, and advanced materials, especially where heat resistance, magnet strength, and precision optics are required Japan is an ally to America China on the other hand has just announced major new finds in Sichuan including fluorite which is very important in parts of the semiconductor and battery supply chain But in an energy transition, economies still depend heavily on refining capacity The IEA has warned that the current Middle East damage is a major threat precisely because oil and gas infrastructure remains systemically import So these kinds of events like the one here in Valero aren’t likely a total controlled demolition of these sites But they may be strategic attacks by our competitors to slow down the capacity to move the materials around to get ahead in the transitional period Stay watchful ✝️

Here’s a reason why this is happening that no one is talking about A worldwide energy infrastructure reset has been underway for some time now We’re entering the later stages of this transition where nations and institutions are jockeying for position to benefit the most on the other side of the transition The battle is to secure inputs for EVs, magnets, batteries, semiconductors, defense systems, and grid equipment Of course these materials will fuel the next stage of energy production and distribution Like SMR’s (Small Modular Reactors) which will likely play a major role To slow down the competition, we have been subject to attacks on the most important commodities that are needed to win the race This is why oil, gas, refining, and shipping chokepoints have been the subject of destruction all over the world in recent weeks What the news tells us as the reasons for this phenomenon is mere propaganda Japan is advancing deep sea rare-earth extraction near Minamitorishima, with reports that the mud there contains very large quantities of yttrium and dysprosium These rare earth materials are needed for performance electronics, energy systems, and advanced materials, especially where heat resistance, magnet strength, and precision optics are required Japan is an ally to America China on the other hand has just announced major new finds in Sichuan including fluorite which is very important in parts of the semiconductor and battery supply chain But in an energy transition, economies still depend heavily on refining capacity The IEA has warned that the current Middle East damage is a major threat precisely because oil and gas infrastructure remains systemically import So these kinds of events like the one here in Valero aren’t likely a total controlled demolition of these sites But they may be strategic attacks by our competitors to slow down the capacity to move the materials around to get ahead in the transitional period Stay watchful ✝️

Gonz

72,972 görüntüleme • 6 ay önce

‼️‼️⛽️🇮🇳🇷🇺 Russia’s oil problems are beginning to hit one of its most important export markets, as Indian refiners cut purchases following supply disruptions caused by Ukrainian strikes. According to Bloomberg, India’s imports of Russian oil could fall to around 2 million barrels per day by the end of August, compared with 2.8 million barrels per day in July. Russia’s seaborne oil exports have also declined over the past four weeks to approximately 3.5 million barrels per day, down from more than 4 million in July. Until recently, India, Russia’s second-largest oil customer after China, had actually planned to increase purchases amid disruptions in the Strait of Hormuz. Instead, Russia is now not only losing volumes from one of its biggest buyers, but is also being forced to import gasoline, including from India itself. The trend illustrates the broader impact of Ukraine’s campaign against Russia’s energy infrastructure: the consequences are increasingly extending beyond damaged refineries and into Moscow’s export flows and relationships with major customers. When a major oil exporter finds itself simultaneously selling less crude to India while importing gasoline from the same country, the pressure on its refining system is becoming rather difficult to disguise. See the latest updates with us: Visioner

‼️‼️⛽️🇮🇳🇷🇺 Russia’s oil problems are beginning to hit one of its most important export markets, as Indian refiners cut purchases following supply disruptions caused by Ukrainian strikes. According to Bloomberg, India’s imports of Russian oil could fall to around 2 million barrels per day by the end of August, compared with 2.8 million barrels per day in July. Russia’s seaborne oil exports have also declined over the past four weeks to approximately 3.5 million barrels per day, down from more than 4 million in July. Until recently, India, Russia’s second-largest oil customer after China, had actually planned to increase purchases amid disruptions in the Strait of Hormuz. Instead, Russia is now not only losing volumes from one of its biggest buyers, but is also being forced to import gasoline, including from India itself. The trend illustrates the broader impact of Ukraine’s campaign against Russia’s energy infrastructure: the consequences are increasingly extending beyond damaged refineries and into Moscow’s export flows and relationships with major customers. When a major oil exporter finds itself simultaneously selling less crude to India while importing gasoline from the same country, the pressure on its refining system is becoming rather difficult to disguise. See the latest updates with us: Visioner

Visioner

18,652 görüntüleme • 1 ay önce

Iran war, day 195 | Yemen continues to dominate | Diesel price at all time high The US national average diesel price has reached $6 per gallon for the first time on record, heightening inflation is about to hit the US, per GasBuddy •90% of the transport sector relies on diesel •diesel powers US freight, agriculture, rail and construction •the surge is expected to raise transportation and supply-chain costs, feeding into higher prices for food, goods and deliveries. What is GasBuddy’s Patrick De Haan saying about inflation expectation? Patrick warns that record diesel prices will reignite inflation and make the holiday season more expensive, with further increases possible if geopolitical tensions persist. What is Trump’s solution to high energy costs? Trump wants to use the Defense Production Act to expand oil refining capacity as the Iran war pushes fuel prices higher ahead of the midterms -Reuters reports. -so instead of withdrawing and ending the conflict, Trump wants to overextend refining capacity that in fact needs new investment for upgrades Is there a precedent for invoking this law? -this law has never been previously used to add refining capacity, but for other purposes - industry executives argue that expanding existing refineries would be faster and more practical than building new plants, which could take years and cost heavily. Will geopolitical tensions continue? Per Bloomberg, the US could remain locked in the Iran war through the end of Trump’s term in January 2029, White House advisers, including Vance and Rubio, have reportedly warned Trump that the conflict could become prolonged, with no near-term ceasefire or full restoration of West Asia energy transit in sight. What is Iran’s intention going forward? Iran says it intends to continue fighting despite the economic cost, while rebuilding its missile capabilities and preparing stronger strikes on US targets and Gulf states. Rebuilding missile capabilities? •Iran produces far more missiles and drones than it uses •it has stockpiles it hasn’t touched. How is the conflict widening regionally? Brent is now at ~$105 per barrel, Hormuz transit remains disrupted, and BAMS remains constrained, and Saudi exports are at 1980 levels And now, -Ansar’Allah has expanded their liberation operations in the Red Sea and against Saudi infrastructure. -Ansar Allah forces are continuing their assault toward Marib from the southwest, attempting to advance toward Manin Al-Ashraf while pushing north along the Marib–Ataq Highway. -West of Marib, Ansar Allah forces are pushing eastward toward the city from the Sirwah Road and the Sanaa–Marib Highway. -Clashes are already taking place on the outskirts of Marib. Ansar’Allah may now be extending its freedom fighting into Saudi! -Yemeni forces are targeting Khamis Mushait in southern Saudi Arabia! -The likely target is King Khalid Air Base, which has repeatedly been targeted by Yemeni forces and is used by Saudi military aircraft. How is Saudi responding? -Saudi is too scared to face off against Ansar’Allah, and so they are blaming the attack against its East-West Pipeline on Iraq -no evidence has been presented of course. -the Yanbu pipeline is now shut down until future repair -up to 7 million bpd are off the market -Trump also left MBS hanging and will not help Saudi as he is stuck in his Iran quagmire. -the U.S. will continue providing military intel and targeting assistance Meanwhile, Trump believes the historians will remember him as the savior of America! Anchor: What do you expect historians to say about this period? Trump: I think they will say that I saved this country. The calm before the storm!

Iran war, day 195 | Yemen continues to dominate | Diesel price at all time high The US national average diesel price has reached $6 per gallon for the first time on record, heightening inflation is about to hit the US, per GasBuddy •90% of the transport sector relies on diesel •diesel powers US freight, agriculture, rail and construction •the surge is expected to raise transportation and supply-chain costs, feeding into higher prices for food, goods and deliveries. What is GasBuddy’s Patrick De Haan saying about inflation expectation? Patrick warns that record diesel prices will reignite inflation and make the holiday season more expensive, with further increases possible if geopolitical tensions persist. What is Trump’s solution to high energy costs? Trump wants to use the Defense Production Act to expand oil refining capacity as the Iran war pushes fuel prices higher ahead of the midterms -Reuters reports. -so instead of withdrawing and ending the conflict, Trump wants to overextend refining capacity that in fact needs new investment for upgrades Is there a precedent for invoking this law? -this law has never been previously used to add refining capacity, but for other purposes - industry executives argue that expanding existing refineries would be faster and more practical than building new plants, which could take years and cost heavily. Will geopolitical tensions continue? Per Bloomberg, the US could remain locked in the Iran war through the end of Trump’s term in January 2029, White House advisers, including Vance and Rubio, have reportedly warned Trump that the conflict could become prolonged, with no near-term ceasefire or full restoration of West Asia energy transit in sight. What is Iran’s intention going forward? Iran says it intends to continue fighting despite the economic cost, while rebuilding its missile capabilities and preparing stronger strikes on US targets and Gulf states. Rebuilding missile capabilities? •Iran produces far more missiles and drones than it uses •it has stockpiles it hasn’t touched. How is the conflict widening regionally? Brent is now at ~$105 per barrel, Hormuz transit remains disrupted, and BAMS remains constrained, and Saudi exports are at 1980 levels And now, -Ansar’Allah has expanded their liberation operations in the Red Sea and against Saudi infrastructure. -Ansar Allah forces are continuing their assault toward Marib from the southwest, attempting to advance toward Manin Al-Ashraf while pushing north along the Marib–Ataq Highway. -West of Marib, Ansar Allah forces are pushing eastward toward the city from the Sirwah Road and the Sanaa–Marib Highway. -Clashes are already taking place on the outskirts of Marib. Ansar’Allah may now be extending its freedom fighting into Saudi! -Yemeni forces are targeting Khamis Mushait in southern Saudi Arabia! -The likely target is King Khalid Air Base, which has repeatedly been targeted by Yemeni forces and is used by Saudi military aircraft. How is Saudi responding? -Saudi is too scared to face off against Ansar’Allah, and so they are blaming the attack against its East-West Pipeline on Iraq -no evidence has been presented of course. -the Yanbu pipeline is now shut down until future repair -up to 7 million bpd are off the market -Trump also left MBS hanging and will not help Saudi as he is stuck in his Iran quagmire. -the U.S. will continue providing military intel and targeting assistance Meanwhile, Trump believes the historians will remember him as the savior of America! Anchor: What do you expect historians to say about this period? Trump: I think they will say that I saved this country. The calm before the storm!

Truth_teller 🇷🇺

14,611 görüntüleme • 24 gün önce