https://projectavalon.net/forum4/ Forum for news and current events from around the world as they appear on the Internet or other sources. en Wed, 10 Jun 2026 16:43:25 GMT vBulletin 30 http://projectavalon.net/forum4/images/misc/rss.png https://projectavalon.net/forum4/ https://projectavalon.net/forum4/showthread.php?131287-Has-anyone-here-ever-held-political-office&goto=newpost Fri, 22 May 2026 13:21:57 GMT Has anyone here ever held political office? A councilman, a mayor, local government or beyond? And if not, would anyone ever consider running for... Has anyone here ever held political office?
A councilman, a mayor, local government or beyond?
And if not, would anyone ever consider running for political office?

Many of us have a good deal to say about our politicians. Yay and Nay That's fine and we have a right to do so.
But I wonder if any of us would actually, "step up" and participate ?

We all know it's easy to comment from the outside, cherry picking what works for us, usually based on team, tribe and agenda

There are times I see our politicians all day on the news, talk shows etc, and it seems like a tireless job.

In my town going back maybe 40 years ago, I remember a young ambitious guy was running for office and touted to be the best, most honorable person .
He won ! much to the celebration of many
Within a short time, less than 6 months, he was caught accepting a bribe and removed from office.

Is honesty in politics even possible?

Happy Memorial day
pd ]]> News and Current Events thepainterdoug https://projectavalon.net/forum4/showthread.php?131287-Has-anyone-here-ever-held-political-office https://projectavalon.net/forum4/showthread.php?131274-JP-Morgan-September-Sees-Physical-Oil-Infrastructure-Failure-on-Global-Scale&goto=newpost Tue, 19 May 2026 13:31:48 GMT Not sure this has been posted but if true it’s pretty grim … JP Morgan: September Sees Physical Oil Infrastructure Failure on Global Scale —... Not sure this has been posted but if true it’s pretty grim …



JP Morgan: September Sees Physical Oil Infrastructure Failure on Global Scale — Other Analysts: 3 weeks Until U.S. Petroleum EXPORT COLLAPSE

Hal Turner

The ongoing closure of the Strait of Hormuz in the Middle East is wreaking havoc on the oil industry worldwide because about twenty percent of global daily oil requirements, are NOT flowing. Out of every ten barrels of oil needed to keep the world functioning, we are short two barrels.

Countries around the world have been drawing-down from their Reserves to meet the ongoing demand, but those Reserves cannot last. JP Morgan Analysis shows the U.S. hits its “Operational Floor” in September.

The “Operational Floor” is when there is not enough oil in the storage tanks, to weigh down the bottom oil and push it into the pumps to refine it. (The pumps can’t suck the oil into themselves because the oil is too thick and heavy). If there isn’t enough weight, the thick oil cannot be pumped; refineries are forced to SHUT DOWN.

Here is the revised Chart as published by Bloomberg:

The second line on the chart above is oil Doomsday. This September. Just in time for Autumn and into the Winter. Think: No heat in your house.

The timeline according to JPMorgan:

Feb 2026 → Iran war disrupts supply
June 2026 → Inventories hit 7.6B barrels (Operational Stress Level)
Sept 2026 → Inventories hit 6.8B barrels (Operational Floor)
That last number isn’t a warning. It’s the minimum required to keep pipelines pressurized and refineries alive.

Below 6.8B barrels:

Pipelines lose pressure.

Refineries shut down.

Fuel stops moving.

This isn’t an “oil price” story anymore.

This is physical infrastructure failure — at global scale.

Markets are still debating $90 vs $110 crude prices.

That’s the wrong question.

The right question: what is the price of oil when the system physically cannot deliver it?

There is no model for this.

There is no historical precedent.

There is no playbook.

Either a resolution happens — or every market on earth reprices simultaneously: Energy. Food. Shipping. Manufacturing. All connected to one line on one chart.

The U.S. Energy Information Agency (EIA) May 15 Print:

Crude: -4.3mb (expected -2.5mb)
Gasoline: -4.1mb (expected -3.1mb)
Cushing: -1.7mb
SPR: -8.6mb
Every number missed bearish expectations — except distillates.

The market is draining faster than models predicted.

And the Strategic Petroleum Reserve (SPR) can’t save it this time.

US total liquids with SPR are headed to an ALL-TIME LOW.

Since EIA started publishing data in 1990 — this has never happened.

The numbers:

▸ ~213 million barrels drawn from now to end of July

▸ 16.3M barrels drained per week already

▸ Products storage just 13M barrels from 2022 crisis lows

▸ 3 weeks away from US petroleum exports collapsing

Read that last one again.

The petroleum products the world depends on from the US?

Gone in 3 weeks.

And this is happening regardless of what Hormuz does.

It’s too late to stop it.

Aramco CEO: 100M barrels lost per week Hormuz stays closed.

JPMorgan: Global floor hit by September.

EIA today: Draws nearly double forecast.

SPR: -8.6M this week alone.

Every single data point is pointing the same direction.

This is no longer a forecast.

This is a countdown. To Global Catastrophe.

No energy. No fuel. WITHOUT FUEL: No trucks to pick up food from farms to take it to processing centers.

No trucks to move food from Processing Centers to Distribution facilities.

No trucks to move food from Distribution facilities to Supermarkets.

EQUALS: No food on store shelves and no way to get any onto to those shelves because there’s no fuel.

Global Famine.

____
https://halturnerradioshow.com/index...oleum-collapse ]]> News and Current Events Eric J (Viking) https://projectavalon.net/forum4/showthread.php?131274-JP-Morgan-September-Sees-Physical-Oil-Infrastructure-Failure-on-Global-Scale