U.S. pump prices and projections

I bought gas today in Northern Nevada and paid 5.40/gallon. It’s one of the cheapest stations and I passed a station that was charging 5.95/a gallon.

I recently read the price of jet fuel has doubled. It said that in a month, some people could find themselves flying into Europe, but unable to get home because of a gas shortage. I sincerely hope that doesn’t happen.
 
This is connected to but kind of a different comment on the gas price.

I don't drive a gas hog and I don't have 50 toys that need to be filled with gas. No boat, no ATV (used to), and so on and so on.

I don't go far generally...

Do I like the thought of gas increasing to a high point? No.

I'm just commenting on some of the countries who are the biggest consumers of it and often take it for granted.

And that's really all I mean by it. Just an aside.
 
" The war is fought with missiles. The famine is fought with molecules. The molecules are trapped behind three locks on three continents, timed to the one calendar that cannot be paused, extended, or negotiated: the calendar written into the DNA of every seed in the soil. "

" Lock one: the Strait of Hormuz. The IRGC permissioned corridor allows oil tankers from friendly nations to pay $2 million in yuan and pass. It does not allow fertiliser vessels to pass at any price. Zero approved fertiliser transits in 24 days. The Gulf supplies 49 percent of the world’s exported urea and roughly 30 percent of traded ammonia. That supply is not delayed. It is denied. The gate opens for molecules that fund the gatekeeper. It stays closed for molecules that feed the planet.

"
Lock two: Russia. The world’s largest exporter of ammonium nitrate just halted all AN exports until after April 21. Three to four million tonnes per year, gone from global markets at the exact moment the Northern Hemisphere needs it most. The official reason is “domestic priority.” The strategic effect is leverage. Russia earns windfall revenue from the oil price spike its ally’s war created, then removes the fertiliser that farmers need to plant through the crisis. The disease and the cure, again, from the same address. "

" Lock three: China. Beijing has banned exports of nitrogen-potassium blends and phosphate fertilisers through August 2026. China is the world’s largest phosphate producer and a major nitrogen supplier. The ban removes the last alternative source that could have compensated for Hormuz and Russia. Three locks. Three countries. Three deliberate decisions timed to the same biological calendar. "

The Food Supply Chain Is Breaking. Again
 
The rest of the world along with the USA is hurting, but the USA appears to have shot itself in the foot. When an Australian conservative says this, it's significant.

Coalition frontbencher Andrew Hastie has warned the credibility of the United States is being damaged and says Australians may be losing faith in the alliance as the war in Iran enters its second month.

The shadow minister for industry and sovereign capability said the war in Iran was a "huge miscalculation" and criticised US's failure to consult its allies, including Australia, noting many were dependent on the export of fuel in and out of the Middle East.

Iran war live updates: For the latest on the Middle East conflict, read our blog.

"Iran has been able to pretty much hold the whole world economy to ransom," he told Insiders.
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