𝕄𝕒𝕥𝕣𝕚𝕔𝕜

Worth the read.

@bob_pallan37273 @RealDirtyManpon @CJGRISHAM @GavinNewsom Upon further review, I can't disagree.

@RealDirtyManpon @Matrick420 @CJGRISHAM @GavinNewsom You are both lame and gay.

You will not see anything gayer this week than @GavinNewsom pretending to use a skillsaw.

@RealDirtyManpon @CJGRISHAM @GavinNewsom Mostly use them in my air conditioned shop, unless I'm using whichever is needed on a jobsite.

@Matrick420 @CJGRISHAM @GavinNewsom You carried them all to every job on your back too right? Uphill both ways.

@RealDirtyManpon @CJGRISHAM @GavinNewsom Gen X son, sorry if I hurt your feelings

@Matrick420 @CJGRISHAM @GavinNewsom Boomer

@RealDirtyManpon @CJGRISHAM @GavinNewsom You got me there. I have 2- 12" dual compound sliding miter saws, 3- tablesaws, 5- chainsaws, 2- skillsaws, 3 sawzalls, 4- bandsaws, 2- scroll saws, 1- radial arm saw and a jigsaw. Every one of them becomes a 'skill' saw when I'm using them.

@Matrick420 @CJGRISHAM @GavinNewsom Which one takes more Skil to use? Which one takes more skill?

@RealDirtyManpon @CJGRISHAM @GavinNewsom And a q-tip with vaseline to get the steel shavings out of my eye

@Matrick420 @CJGRISHAM @GavinNewsom Need a Kleenex to dry your tears?

@RealDirtyManpon @CJGRISHAM @GavinNewsom The skill saw would be the circular saw. The other is a small miter saw.

@Matrick420 @CJGRISHAM @GavinNewsom I own both a 7 1/4 circular saw and a 10" sliding compound miter saw both made by Skil, which one is my "Skil" saw?

@RealDirtyManpon @CJGRISHAM @GavinNewsom Doesn't make it less gay

@Matrick420 @CJGRISHAM @GavinNewsom Shill

@CJGRISHAM @RealDirtyManpon @GavinNewsom Skill saw = circular saw(worm or direct drive) Sawzall = reciprocating saw Kleins = linesman pliers Channel locks = adjustable pliers Crescent wrench = adjustable wrench Vice grips = locking pliers Semantics are gay

@RealDirtyManpon @GavinNewsom Bitch, I admit i'm not a handyman. I'm a blue collar retard. Carpenters are infinity smarter than me on carpentry shit. I know how to do basic stuff. I don't pretend unlike your gay governor. I'm more cerebral which is why I was in Counterintelligence and became a lawyer.

Big funds bet billions on mining supercycle reuters.com/legal/transact…

US total liquids fell -24.1 million bbls. US crude storage fell -13.4 million bbls. BACD is here.

🚀 Lithium Unstoppable: Nothing Holding GFEX Back From ¥200K+ 🚀 GFEX lithium surging to 183,880 CNY/mt 📈🔥 and the trend is only getting stronger… Yes, there’s chatter around CATL small scale sodium iron batteries 🔋 and even a rumored lepidolite plant restart in May 🏗️⛏️ but let’s be clear: none of this is enough to stop a move toward ¥200,000+ 💥 Why? Because the macro story is bigger 🌍👇 EV and BESS demand keeps accelerating 🚗⚡ and high quality lithium supply is still structurally tight 💎📉 Short-term noise vs long-term reality 📊 and the reality is a supply gap that isn’t closing anytime soon That’s where smart capital is looking 👀💰 Not just producers, but emerging developers with scalable, low cost assets ready to step in 🔄 Names like Lake Resources and peers sit right in that sweet spot for potential rerating 📈🚀 as prices push higher This isn’t the top, it’s the setup 🔥 #Lithium #EV #BatteryMetals #CATL #GFEX #EnergyTransition $LKE $LLKKF #ALB #PLS #ELV #A11 #LILAC #UBS #Argentina #USA #Commodities #Investing #CleanEnergy #Mining #Stocks #Bullish 🚀

Incredible EIA numbers > 4% of US diesel inventories gone in a single week A nearly 3% drawdown in gasoline inventories and summer driving season hasn't even started yet Nearly 2% of US strategic reserve drawn down in one week

On April 12, we published a piece with a section titled, “Why aren’t oil prices higher?” Here’s what I wrote: Over the weekend, I had a subscriber express his frustration to me: “How can the oil market be so complacent?” Let me answer that question by first saying this: I’ve been neck deep in the oil market for the last 11 years. And oil prices almost always trade to extremes. Right before it does, it always gets “obvious” from a fundamental setup standpoint. I remember a great conversation I had with Nelson Wu of Open Square Capital about the oil market being analogous to toilet paper. You don’t realize how badly you need it until you run out of it. Oil prices trade on the margin. As long as there are onshore inventories to draw from, traders don’t panic. It’s when you run low on onshore inventories that panic starts to set in. Goldman published an update on Thursday that basically captured the storage math phenomenon that we are seeing: Global visible total oil inventories remain bloated relative to historical standards. If, for example, we had started the conflict with global oil inventories at the 2025 lows, WTI and Brent would already be above $200/bbl. The ~1.4 billion bbl cushion at the start of 2026 is what gave the US time to navigate the Iranian conflict without the oil market blowing up. It was also the same reason why at the beginning of the conflict, I wrote a piece titled, “Why Aren’t Oil Prices At $100?” But fast forwarding 6-weeks later, the facts have changed. The conflict is ongoing, and that onshore cushion you are seeing in storage is nothing but a mirage. Even if the conflict ends this very second and everything returns to normal, that oil inventory is gone. Vanished. No more. In essence, the oil market really should be pricing forward balances as if we are already near 7.6 billion bbls, but it’s not, and this creates the biggest mispricing trade since the COVID lockdown (short oil) trade. Oil traders, the physical guys, lack both the means and capabilities to drive financial prices higher. Financial markets are exponentially larger than the physical side, but there’s one quirk: expiry. As the futures market approaches expiry, people who continue to hold the contracts are obligated to deliver the goods (literally). This mechanism will be tested first at the May WTI expiry, where the physical market is already quoted at a +$20 premium to financial prices. It will be tested again in the Brent expiry at the end of the month. What will happen is that as we get closer to the expiry, market participants who are short have to cover because there’s no way in hell they can deliver the goods physically. We are literally going to run out of available commercial crude storage. This will force the prompt month higher, which will suck in financial flows into the June contracts. This inflection point will shock market participants awake. This is one of the main reasons why I’ve remained so calm over the past few weeks. The math is what it is. The Trump administration can jawbone oil prices all they want. Axios can publish whatever headlines it wants, but the reality will be swift and vicious. If you do not have the means to deliver the goods, you have to cover.

@PeacheClifford @thomas_taistra @nicksortor I'd assume his "partner" is equally traumatized.

@thomas_taistra @nicksortor Damn, this dudes triggered

🚨 BREAKING: AG Todd Blanche confirms James Comey is facing up to 20 YEARS in prison following his indictment in the Eastern District of North Carolina LET'S GO! 🔥 An ARREST WARRANT has been issued for Comey by a federal judge in North Carolina

@MelMattison1 @TradingThomas3 Wen hit gasoline storage capacity

Welcome to the world of idiots. Those who think like @TradingThomas3. Like all the other doomers out there, they will continue to tell you that markets are on the verge on collapse as they continue to make new highs. WTI is trading at like $40 or $50/brl in inflation-adjusted terms compared with a decade ago. Why would this collapse the world economy, and in particular US stocks? Moreover, all this BS about 20% of world supply being cut off is total crap. It's closer to 3-4%. How do I get there: -20 mil out of 100 mil barrels comes out of Strait of Hormoz -Given various other pipelines, etc, 10 mil of that 20 mil has been rerouted -That leaves a 10 mil shortfall, but wait: Demand has fallen by 3% since the war; now we're down to a 7 mil brl deficit -US production has ramped, however. As has Russian and Venezeulian. Thus, given current dynamic, we are only at about a 3 mil/brl/day shortfall that is being absorbed by stockpiles. Hence: stock markets around the world at new highs. Not a mystery you fools.

@HFI_Research We're gonna need all of them in unison. Desperate times

Brent is above $110. Pick your weapon:

@Robert00111 @shanaka86 Subsidized prices vs egregious taxation will do that.

@shanaka86 And yet gas is cheaper here in Japan where I am now than in San Francisco!

JUST IN: At dawn on Sunday, the Suezmax tanker OTIS arrived in Tokyo Bay carrying 910,000 barrels of Texas light crude that had loaded in Houston on March 22 and transited the Panama Canal. The cargo was pumped through an undersea pipeline to Cosmo Oil’s Chiba refinery, the same plant that has historically run UAE and Saudi medium-sour crude. It was the first US shipment of crude to Japan since the start of the Iran war on February 28. The volume is approximately half a day of Japan’s domestic consumption, per Cosmo and METI’s own framing. That is the part the headlines are pricing. The headline is the wrong story. The actual story is that Japan, which sourced 94.2 percent of its crude from the Middle East as recently as February, has begun physically reconfiguring a seventy-year energy architecture in fifty-five days. METI confirmed yesterday that barely half of May’s crude requirement has been secured. Refiners, already running at sixty-seven to sixty-eight percent utilization before the crisis, have begun reducing operating rates further because they cannot find enough Middle East-equivalent crude. Japan begins drawing 36.48 million barrels from its Strategic Petroleum Reserve on May 1, valued at three point four billion dollars. It is the second draw since the war began. The OTIS is the photograph of a pivot. The pivot itself is structural. Japanese refineries were built around the API gravity and sulfur profile of Persian Gulf crude. Texas WTI is roughly 40 API and 0.4 percent sulfur. Saudi Arab Light is 33 API and 1.8 percent sulfur. Running light sweet through a hydrotreater configured for medium sour produces the wrong product mix: more naphtha and gasoline, less diesel and jet. Japan’s transport fleet runs on diesel and jet. The yield distortion shows up as inventory drawdowns on the products Japan actually consumes. This is why the refineries are cutting runs. Not because they lack crude. Because they lack the right crude. Three more US tankers are scheduled to deliver to Japan in May. US crude exports to Asia have surged from 1.1 million barrels per day pre-war to a forecast 3.29 million in May. Panama Canal crude transits hit a four-year high in early April. Auction premiums to skip the queue have reached four million dollars per slot. The two largest Japanese investments announced at the March 19 Trump-Takaichi summit were forty billion dollars in GE Vernova small modular reactors and thirty-three billion in natural gas facilities, both on US soil. Japan hit two percent of GDP in defense spending in fiscal 2025, two years early. The FY2026 defense budget is a record 9.04 trillion yen, including stand-off missile capabilities and a SHIELD coastal drone network. Japan, holding 1.239 trillion dollars in US Treasuries, is financing US energy capacity, buying US energy in dollars, accelerating its rearmament under US tech transfer, and recycling those dollars back into Treasury markets that fund the carrier groups enforcing the blockade that closed Hormuz. Three readings of the OTIS arrival. A symbolic shipment that fills less than half a day of demand. Priced. Tactical diversification that ends if Hormuz reopens. Narrow. The first publicly verifiable photograph of the United States repositioning itself from Middle East security guarantor to Indo-Pacific energy supplier inside a sixty-day window, with Japan financing the substitution and Beijing three weeks away. The headlines are pricing the first. Cosmo just refined the third. open.substack.com/pub/shanakaans…

@GasBuddyGuy Do you see a shift in refinery input causing a glut in gasoline while trying to produce enough diesel to cover the shortfall from heavier grades being stalled?

ALERT: #GasPrices appear to be rising to $3.79/gal in areas of #Oklahoma today, including Tulsa. This is a routine price cycle to an elevated amount due to the Iran situation.