I think your statement is highly generalizable.
CNN Article on Motor Oil Shortage
- Thread starter Tom NJ
- Start date
But but but it’s everywhere
GON
$175 Site Donor 2026
The statement is actually pretty clear.
The question one might ask, is what is the timing of the publication of the article? Any stock options purchased prior to the release of the article by the author, editors, or publisher?
I can’t remember the last time I read an article that was impartial, or well researched.
Supplementally- it is amazing that people that work in Washington DC continue to outperform Warren Buffet when it comes to buying equities, calls, and puts. Our nation is deep in debt, deficits, and hasn’t passed a budget in two decades. Yet these same people are masters at picking stocks. Fascinating……
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CleanSump
Site Donor 2026
MSM = Sensationalism, Fear Mongering, and commentary by talking heads with personal agendas. Not much for actual news.
They didn't cover on shortages of fertilizer and potential food shortages? That would be a real story.
GON
$175 Site Donor 2026
When we were kids nearly every family I knew had a garden, canned the fresh produce, had some fruit trees, and further canned farm products in the fall.
Not seeing this much anymore. Seems family gardens have been replaced by smartphones.
Such I digress.
Safety kleen likes shortages
https://www.baseoilnews.com/company-news/safety-kleen-profit-rises-q1-2026
https://www.baseoilnews.com/company-news/safety-kleen-profit-rises-q1-2026
I was wondering how this would impact the recycled oil market.
Their input costs have changed little compared to traditional refining. Where crude costs have gone up a ton.
UMO is generally tied to natural gas. So just their logistics costs have gone up.
SK, GFL, HCC, VTX and others…. It’s a good time to be a re-refiner. That being said. They were having a rough few years before.
This is sensationalism at its best. Iran primarily supplies China,Syria, Venezuela and the UAE. SURE it's a "world commodity " but the USA just needs to increase production. Didn't they find a huge vast untapped oil reserve in the northern USA a few years back?
No worries. You just might see some new suppliers. Mods, I used some screen shots to show a new source of supply. 
That might be one of the first to have an actual shortage.
Doubt it. Sinopec manufactures base oil. Manufacturers, even in the USA claim their motor oil is good for 10-20,000 miles. And most car sales in China are EV’s.
CleanSump
Site Donor 2026
Sinopec has been available for years, but mostly 55 gallon drums aimed at trucking industry, not home DIY.
Plus, it isn't that the Iranian oil that is being tied up is hurting the West, the other oil producers aren't shipping through the straight either.
Plus, it isn't that the Iranian oil that is being tied up is hurting the West, the other oil producers aren't shipping through the straight either.
As far as I'am aware (and I do not claim to be an expert on this subject). U.S. oil production is falling and has been down from ~Nov. https://tradingeconomics.com/united-states/weekly-crude-oil-production
CleanSump
Site Donor 2026
That'll keep the prices high and the profits up.
We have lots but the additional is expensive to produce.
No one will start producing more until the long end of the futures curve climbs. CME futures show crude at $82 in 6 months, 73 in 18 months. It takes minimum a year to move the needle, so no one has actually even started AFAIK.
Everyone expects this to be over shortly because someone keeps saying it will be over shortly.
The average price for crude oil in the first quarter was about $80 per bbl including hedging. The price in the 2nd quarter will be way more but only as all the futures contracts expire. I’ll be there will still be hedging losses reported at the end of June.
CleanSump
Site Donor 2026
Sinopec is a Chinese state owned company and imports it's oil from..........Iran.
12% of China’s imported oil comes from…..Iran.
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