RE: OVER TO ED 💨🌪️31 Mar 2026 09:35
Ive already replied to keith on X with the straights being shut on march 4th, tankers will take 20 to 45 days to reach there destination and off load the oil. russia has been un-sancioned to allow some oil sales,i expect india will grab a lot of it as they are already using it very cheaply at @ $50 before the war.. The 45 days is up on 18th april ,and 20 days for say japan is long gone. The european prices,and the uk hasnt peaked yet,if the war goes on and very few tankers get through there are online reports of usa doing senarios of oil at $200 peak and its effects. transport,food and fertilizers for farmers etc. The knock on effects are not good. Worst case senario they bomb there neighbours pipelines and refinaries. The political pressure to secure oil and gas will be huge, there is a post on X where 3 pipelines in the usa were refused by certain states, back in 2012, that would of secured oil flow INTERNALLY for the usa. Britain has 2 days of gas storage!, no one wants to invest billions in the uk,that was the tories and now liebour. See how much labour are sending abroard in foreign aid and green inititives,and benifits for a extra million arrivals!! Thank god we are in bst , not november. MOU3 SIDETRACT/MOU6 cant come at a better time for moroccons,they are at the end of the european Maghreb pipeline through gucerif, as Algeria stopped flows back in 2021. It is currently at 50% capacity.. If pred get a few tcf that could change with moroccos excess going to europe at $113 dollers ,just at todays prices! P.S. we buy Gas from Norway, they have a surplus of $2 trillion for norway in a sovereign wealth fund.. whilst britain struggles to pay just the interest payments on our increasing national debt!