An interview with Kpler's director of commodities research.
I don't have much to add. I just think folks should watch this video start to finish and please note the discomfort this guy appears to feel delivering news to the oblivious news anchors that yes, he is saying their summer European vacations are at risk. It should be alarming to see a financial analyst on CNBC apologize for delivering upsetting news that hits a TV financial anchor personally.
The markets are up today on no volume. The JETS etf is up 1.89%. Jet fuel shortages are less than two months away. Take care of yourselves.
Jet Fuel Shortages Incoming – "A slow motion car crash we're all sleepwalking through."
byu/MarsTellus13 ininvesting
Posted by MarsTellus13
3 Comments
Good thing they didn’t use a plane crash analogy
I hate articles like this. “WE” are NOT sleepwalking through this. “WE” understand how terrible this is for the global economy. It is not “WE” who need to be reading this article.
I live half time US and other half Bangkok.
I came back to the states to do taxes and want to get back in June.
I have never seen airfares like they been since coming back to the states.
Prices have been cheaper if you fly tomorrow than if you fly further out.
The opposite of what is normal.
But it seems to be the airlines are not so much sleepwalking as the fares suggest that things are going to cost more in the future.
Now maybe they are not pricing in enough.