Iran Super Thread- Merged

[brihard]

our resin supplies are up 0.46 a kg and it looks like another one following next month maybe. Ive read of rationing in the US. Seems incredible to me but here we are

Resin?

 

[suffolkowner]

Resin?

polyurethane plastics and coatings. mix resin with an isocyanate hardener. Ill find out the scoop next week but possible that oil sources diverted for gas and diesel

 

[brihard]

polyurethane plastics and coatings. mix resin with an isocyanate hardener. Ill find out the scoop next week but possible that oil sources diverted for gas and diesel

Gotcha. Petrochemical for plastics and such.

Yeah. The American hubris in thinking the closure won’t real hurt them is mind blowing. The cascade in supply chains is really only just starting.

 

[Eaglelord17]

There's something worse that high prices. Absolute shortage. And no country experiencing this shock the way Asia is right will no go back to status quo ante on importing lots of oil.

We say that now, but I don’t buy that. After the crisis is over people forget very quickly when convience comes back.

Look at our supply chains, after Covid you think we would have learned about trying to keep most of it in house or having stock on hand. But it isn’t as cheap or convenient as just in time delivery.

 

[Colin Parkinson]

We say that now, but I don’t buy that. After the crisis is over people forget very quickly when convience comes back.

Look at our supply chains, after Covid you think we would have learned about trying to keep most of it in house or having stock on hand. But it isn’t as cheap or convenient as just in time delivery.

Just ii Time has been cheaper, but never , ever convenient.

 

[ytz]

We say that now, but I don’t buy that. After the crisis is over people forget very quickly when convience comes back.

Look at our supply chains, after Covid you think we would have learned about trying to keep most of it in house or having stock on hand. But it isn’t as cheap or convenient as just in time delivery.

The twin energy shocks of the 70s and the low oil prices that follow say otherwise. And back then there were no real alternatives. Now there are. And whatever you or I think sitting comfortably in Canada isn't relevant. Oil demand growth for at least a decade has been driven by China and the developing world. Somehow don't think they are interested in increasing their exposure to US Foreign Policy after this.

 

[suffolkowner]

The twin energy shocks of the 70s and the low oil prices that follow say otherwise. And back then there were no real alternatives. Now there are. And whatever you or I think sitting comfortably in Canada isn't relevant. Oil demand growth for at least a decade has been driven by China and the developing world. Somehow don't think they are interested in increasing their exposure to US Foreign Policy after this.

i expect sales of solar panels and batteries and ev's are doing quite well right now

 

[ytz]

i expect sales of solar panels and batteries and ev's are doing quite well right now

They are. More interesting to see are all the policies in the developing world outright forcing adoption of EVs. See Ethiopia's ban on gas car imports. If a country isn't manufacturing cars and doesn't have oil, it makes no sense to import gas cars and then further pressure your balance of payments needing to import oil. Basic trade economics. So we see, for example, Singapore going to 60% EV sales from low single digits, in 6 years. Nepal has half their sales as EVs. Etc. Heck, the growth of electric Tuk Tuks all over the Global South has been interesting to watch. And those things are a noticeable chunk of oil consumption in countries where allowed.