Oil DD - Show me the barrels
Listen up regards, While you've been chimping out over SPCE, I've been staring at oil for the last 3 months, and something's not adding up. About 20% of global oil supply, along with LNG, fertilizer feedstocks, petrochemicals, and a whole bunch of other shit that the world runs on, normally transits the Strait of Hormuz. And it's been basically closed since Feb 28th. I'm talking 120+ tankers transiting per day to <6. Big problem. Right now, July WTI contract is around $94, but if you look at past energy cri
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