We're screwed.
>>62669524Truly remarkable 54d chess shooting your own foot for some blanked cock nigger. But hey eu sucks or sonething!
>>62669524Explain this to me like im a goyim cattle subhuman who has $150k in credit card debt
>>62669553The price for diesel fuel on the benchmark NY harbor spot market is returning to the all time high set last week, and is on track to exceed it. This means that record breaking diesel pump prices are going to continue at these levels or rise further. It's supporting the ATH. Diesel runs the world as they say.
>>62669553Singaporean here. Thats New England's heating oil price. Higher costs for people mean FED is tempted to raise rates to soften the blow to them.
>>62669591Everything runs on oil
>>62669606China previously softened the blow by cutting imports massively and switching to coal. They cant do that forever. Global economic slowdown of astronomical proportions is going to cause massive inflationary pressures as well as deflationary pressures in places where youd want the opposite.
>>62669594It's Diesel motor fuel ULSD is Ultra Low Sulfur Diesel. But Heating oil has been trading in lock step with ULSD the past week, while exceeding it in price at times in August. It's also at an all time record high price that was achieved earlier because the previous ATH for heating oil was lower.
>>62669609Maybe i can finally get my sub1500 eth....
>>62669591And kerosene (aviation fuel), and heating-oil, and of course Diesel. All priced off this benchmark. Here’s another good one. Take a look at GME Oman Crude oil contract. This is the future contract for all the gulf nations heavy/medium sour crude. It’s blasting past $100 again to $110. So either China has majorly turned on buying again. Or supply is rapidly drying up.