And take a look at this. Cab drivers, hundreds of them, waiting here all night for simply five gallons of gas. And to get it, they need this governmentissued card.Jose Menes slept in his pink 1952 Ford convertible. What do you do if you can't drive people around. >> This is not the first time we are in great difficulty.So, we uh we have managed to uh always have a plan B. Lines also forming at the street market for food for those who can't afford it. >> Today is the farmers market and I can't buy anything b ...

Some African nations are weeks away from running out of fuel https://t.co/9R0K8r2aIo ...

Core Insights - Asian governments are implementing extreme measures to manage a fuel shortage caused by high oil prices and the closure of the Strait of Hormuz, with countries like Japan and South Korea heavily reliant on oil imports from the Middle East [1] Group 1: Government Responses - Thailand has mandated civil servants to work from home, increased air-conditioning temperatures, and encouraged wearing short-sleeved shirts to conserve energy, with approximately 95 days of energy reserves remaining [2] - Vietnam is urging businesses to allow remote work to minimize travel, while the Philippines is advocating for a four-day work week and limiting travel to essential functions [3] - Bangladesh has moved the Eid-al-fitr holiday earlier to save fuel, and Pakistan has implemented a four-day work week for government offices and closed schools [3] - India has suspended liquefied petroleum gas shipments to commercial operators to prioritize household supplies, raising concerns among hotels and restaurants about potential closures [3] Group 2: Market Interventions - South Korea plans to introduce a price cap on petroleum products, with 1.7 million barrels of oil per day being withheld due to ongoing conflicts, which poses a significant economic burden [4] - Japan's industry minister has not ruled out using national oil reserves to ensure stable energy supplies [5] - Indonesia is allocating 381.3 trillion rupiah (approximately $22.6 billion) for energy subsidies to maintain affordable fuel and electricity prices [5] Group 3: Additional Measures - Thailand intends to freeze cooking gas prices until May and promote the use of alternative energy sources like biodiesel [6] - Vietnam is considering eliminating tariffs on fuel imports to alleviate the energy crisis [6]

Fuel Supply and Consumer Assurance - Australian Energy Minister Chris Bowen reassured consumers that there is no need to panic buy petrol, stating that the country has sufficient fuel reserves, including 36 days of petrol, 34 days of diesel, and 32 days of jet fuel, the highest levels in over a decade [2] - Bowen emphasized that there is no immediate threat to petrol supplies in Australia despite rising oil prices due to geopolitical tensions, particularly the U.S.-Israeli conflict with Iran [2][3] Price Regulation and Consumer Protection - Bowen indicated that while petrol prices may face upward pressure from oil price spikes, regulators are prepared to take action against price gouging by fuel retailers [3] - Treasurer Jim Chalmers has contacted the consumer watchdog to ensure that fuel retailers do not exploit the situation in the Middle East to increase prices unfairly [3]

Core Viewpoint - Canadian airlines have suspended flights to Cuba due to a jet fuel shortage caused by U.S. restrictions on oil supplies from Venezuela, impacting operations and travel plans for many passengers [1][10]. Group 1: Airline Operations - Air Canada, the largest carrier in Canada, announced that aviation fuel will not be available at Cuban airports starting Tuesday, leading to flight cancellations [1]. - Smaller airlines, including WestJet and Air Transat, have also canceled flights due to anticipated fuel shortages, with Air Transat suspending all flights to Cuba until the end of April [2][6]. - WestJet has initiated a wind-down of its Cuban operations and is organizing flights to assist customers returning to Canada [6]. Group 2: Fuel Supply Issues - The Cuban Aviation Corporation (ECNA) did not acknowledge the fuel shortage or flight cancellations in its statement, emphasizing its commitment to maintaining aviation safety and reliability [3]. - Air Europa plans to make refueling stops in the Dominican Republic due to the fuel restrictions, indicating that fuel shortfalls are a recurring issue for airlines operating in Cuba [4]. - Historically, Cuba has relied on Venezuela for jet fuel, but since mid-December, it has not received any fuel from Venezuela due to U.S. sanctions [10][11]. Group 3: Impact on Travelers - Travelers in Cuba expressed concern over the flight cancellations and fuel shortages, indicating that the situation is causing anxiety among families and passengers [6][7]. - Despite the issues faced by Canadian airlines, U.S. carriers such as American Airlines, Southwest Airlines, and Delta Air Lines continue to operate flights to Cuba without current disruptions [8].

Shell’s retail pump stations in Indonesia have run out of gasoline for the second time in less than two months https://t.co/njhxERrNbG ...

Core Viewpoint - Sky Quarry Inc. forecasts a potential fuel shortage in Nevada due to production disruptions, regulatory actions, and rising demand, positioning itself to ramp up production to address this gap [1][5]. Group 1: Market Conditions - Nevada imports approximately 150,000 barrels of transportation fuel daily, with California supplying about 88% of Nevada's fuel needs [2]. - Recent disruptions, including the explosion at the Martinez refinery, which accounts for 9.64% of California's refining capacity, are tightening fuel supply [2]. - California's ABX2-1 law may further reduce refinery output, impacting fuel availability in Nevada and Arizona [3]. Group 2: Company Positioning - Sky Quarry's Foreland Refinery is the only crude oil refinery in Nevada, currently operating below full capacity but plans to increase production in 2025 [5]. - The company aims to utilize its 4,500-5,000 barrel-per-day refining capacity to stabilize the regional fuel market and benefit from rising refining margins [5]. - CEO David Sealock emphasizes the company's critical role in stabilizing the regional fuel supply amid supply disruptions in California [6]. Group 3: Industry Trends - The Nevada fuel market is tightening due to rising demand from expanding industrial sectors like mining, which are crucial to the state's economy [4]. - California imports 59% of its crude oil and fuels, averaging 850,000 barrels daily in 2022, indicating a reliance on external sources that could be affected by proposed tariffs [3].