David Roberts2d ago
I keep listening to podcasts with oil analysts & the shit they are saying is absolutely apocalyptic. If it stays closed, we're going to have to reduce oil demand *more than demand fell during Covid*. Remember that? When the entire world shut down? More than that.

[Episode #272] – Global Energy...
[Episode #272] – Global Energy Crisis 2026 | The Energy Transition Show

The damage to Persian Gulf oil and gas infrastructure and the closure of the Strait of Hormuz has thrown the world into a global energy crisis.

The Energy Transition Show
Show threadDavid Roberts2d ago
As Johnston says in the pod, imagine how high oil prices would have to get to convince, say, Americans to cut back as much as they did during Covid. There is no such price! Meaning most of the suffering, the cutting back, is going to fall on emerging economies. People are going to die.
Show threadDavid Roberts
Oil, yes. But also natural gas. Also specialty fuels. Also plastics & other petroleum-based products (almost everything). Also pharmaceuticals. Also fertilizer. Also semiconductors. This is going to fuck up everything and everybody.
Mar 27 at 4:35amWeb
Show threadDavid Roberts2d ago
Johnston says, even if the strait opened today, there would be *years* of economic fallout, just from the several-week bubble of cut supply. If it stays closed for weeks or months ... he just says, "it *can't* go on that long. The entire world economy would wrench itself apart." So there's that.
Show threadGrassroots Joe2d ago

@volts.wtf

I hope the reality of Trump’s mammoth self created clusterf*ck drives even more people out to join #NoKings3 protests on Saturday and from there to regular participation in non-cooperation with his authoritarian regime.
We need to engender massive opposition that can bring the regime to its political knees ASAP.

Show threadLillyLyle/Count Melancholia2d ago

@volts.wtf Hopefully governments will force companies to prioritise Pharma over Cars.

Most manufacturers have been reducing or phasing out plastics from packaging for a couple of years already, on orders from governments.