Ladies and gentlemen, it is said that the USA wants to ban the export of diesel fuel for 90 days. Let's consider what that would mean. First: American refineries, thanks to which record levels of diesel are currently being exported (1.6 million barrels per day according to data from August), would face a sudden... (translated)
On one hand: a ban on the export of diesel from the USA would hit Europe hard and would have an impact on inflationary pressure. On the other hand: it would likely lead to a deep shock in the supply and prices of gasoline in the USA, which would probably determine the fate of not only the midterms. (translated)
Ladies and gentlemen, the president of Russia announced the "temporary" takeover and nationalization of about 100 Leroy Merlin stores, which operated in the Russian market even after the full-scale invasion of Ukraine. And this reminded me of a scene from 3 years ago, from the moment of Prigozhin's coup. Here’s the footage at https://t.co/9w7Gb3A0D4 (translated)
Could Poland run out of coal? Apparently, the suggestion in this matter resulted in the dismissal of the president of Orlen Termika. Well, the president is gone, but the concerns remain. The question is, however: is it justified? Let's think about it. First of all: Poland has been a net importer of coal continuously since 2010. (translated)
❗️IMPORTANT❗️ According to my findings, the Saudis canceled September oil deliveries to Polish refineries. Orlen was supposed to react preventively by securing spot deliveries in September and October, among others from Norway, the United Kingdom, Algeria, Kazakhstan, Azerbaijan, and both Americas. (translated)
This is a map of the current energy crisis, which could push fuel prices to 10 PLN per liter, or even more. 🇸🇦Saudi Arabia - damage to the East-West pipeline, work on the connection halted, cancellation of exports to Europe through the Yanbu terminals, uncertain situation regarding https://t.co/0J2IWZ6PPo (translated)
The possibilities for mitigating the oil crisis are rapidly running out in America! Oil reserves in the US Strategic Petroleum Reserve (SPR) have fallen to their lowest level since 1982. They are currently about 30 million barrels above the minimum set by Congress. Further information: https://t.co/O7oiNJzDEV (translated)
❗️Saudi Arabia informed refineries in Europe about canceling part of the oil deliveries scheduled for the second half of September (Reuters) ❗️Orlen began looking for alternatives to Saudi oil and contracted several spot deliveries from the North Sea (Reuters) ❗️Leader of the Senate majority (translated)
So now it goes like this: - fuel prices are reaching a record high and considering the situation in Saudi Arabia, a 9 in front at gas stations in Poland is not at all unattainable; - the government clearly communicates that it has a solution (windfall tax + CPN); - there can be various accusations against the solution, but one... (translated)
"I guarantee that if the president signs the bill, we will immediately implement the next variant of the CPN after the signature. We will see how much funding is available. People should not have to pay for this fuel crisis, Poles are not responsible for this crisis," says Prime Minister Donald Tusk. (translated)