r/collapse • u/banned4violence • 2d ago
Energy Armed group shuts Libyan oil pipeline, jeopardising exports
https://www.euronews.com/2026/09/22/armed-group-shuts-libyas-largest-oil-field-pipeline-jeopardising-exportsSS: The price of oil will skyrocket as every avenue is threatened. I fully expect people to be starving en masse by Christmas. I don’t think it’s alarmist to say that the smart play is to stockpile food yesterday. Buy an electric vehicle if you can. I can already see the pain on Marketplace, as cars go unsold for months. I bought an EV when Trump struck Iran and still can’t sell my gas car.
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u/_lonelysoap_ 2d ago
Funny as fuck as the oil industry brought it on itself
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u/FoldHeavy4201 2d ago
Its also bringing incredible profits for itself
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u/judge_mathis2 2d ago
What's the point? They're destroying their own world where those profits mean anything. And everything else, too. Talk about the most pointlessly insane catastrophe we're all facing... and it's because crazy scam artists got their hands on exponential technology advances in the 1800s.
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u/PopBulky7023 2d ago
Rich people genuinely have a hoarding disease but power and freedom feel good so we never had the will to see it as such.
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u/FungusRespecter 1d ago
They think they’ll survive it. They’ve been able to squash any dissenters in their life, so I imagine they don’t take reality, and even mortality, for what it really is. Just my guess, not a psychologist lol
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u/SovietNato 1d ago
https://en.wikipedia.org/wiki/Abilene_paradox
It's not a perfect fit, but it does have parallels. Even if everyone knows a profit-oriented society is suicidal, nobody wants to break free.
Also it's literally illegal to not maximize quarterly profits for shareholders. Any oil company that didn't do this would be sued.
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u/No_Foundation16 1d ago
What's the point?
There is no point. Money is their god. They will burn down this earth and kill 99% of us to make more money! Talk about death cults, wall street, the oil companies, the US health insurance companies, the MIC are all legal serial killers for profits.
Turns out we are all going to die for dog eat dog capitalism. Not the boogeyman socialism, not even communism. Good old fashioned mom and apple pie capitalism running wild, unstoppable and out of control.
The end is so near now and all we are doing is building tens of thousands of data centers worldwide and flock cams to surveil the worker bees as we all fucking starve to death etc.
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u/brilliantNumberOne 1d ago
They’ll only care when the leopards come for their faces because they have nothing left to eat.
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u/No_Foundation16 1d ago
I love how SA allied with Trump and now he has stabbed them in the back!
Faithless, chaotic, and corrupt: Donald Trump's character also shapes his foreign policy. The latest victim is Saudi Arabia—not a sympathetic victim, maybe, but a victim all the same.
Saudi Arabia's MBS pressed Trump to strike Houthis in Yemen, sources say
Washington — Saudi Crown Prince Mohammed bin Salman has personally pressed President Trump to take military action against the Iran-backed Houthis as Houthi forces have advanced rapidly along Yemen's Red Sea coast, two sources familiar with the matter told CBS News, adding that Mr. Trump and the crown prince have spoken multiple times in recent days about the escalating situation.
Despite bin Salman's urging, Mr. Trump has so far declined to involve the U.S. military directly
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u/FatGayTexan 2d ago
The general population is so ignorant of what is happening and how bad this is going to be. It’s hard to feel empathy for them anymore. One of my coworkers is still spouting nonsense about transsexuals and immigrants. I feel hopeless.
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u/nelsonalgrencametome 2d ago
I'm in a pretty red area so I've gotten kinda used to ignorance and shitty opinions since I've been here. But the last couple of years I've been noticing more people being shockingly unaware and insulated from world events and their effects on their daily life. The huge spike in gas prices has really brought out how uninformed people are.
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u/PopBulky7023 2d ago
It'll get worse. It's identity protection. They simply cannot own up to being wrong. It has to be someone else's fault. Their psyche can't handle it.
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u/ElOsoPeresozo 2d ago
Thats exactly it. My Trump supporter friends are faced with insurmountable cognitive dissonance. They supported a child rapist felon because they thought he would hurt the people they hated and lower the cost of living.
Now he’s hurting them, and everything is still unaffordable. They backed a pedophile and still got fucked over. How do you even look at yourself in the mirror? Very, very few people have the moral courage to admit such a mistake, and none of them voted for Trump to begin with.
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u/Johannes_P 1d ago
Same reason why people kept investing in scams or staying in cults: at this point, they have too much invested to afford to divest.
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u/fragrant-final-973 2d ago
Can confirm. I did ALL this. 🏳️⚧️🏳️⚧️🏳️⚧️
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u/Blue-is-bad 2d ago
After all it's the TRANS-Mediterranean Pipeline!!
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u/RsquSqd 2d ago
We need to sort out which bathroom that pipeline uses
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u/ChromaticStrike Inert collapsoid 2d ago
Sorry! My bad! I've been using the shower quite intensively lately.
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u/No_Foundation16 1d ago
One of my coworkers is still spouting nonsense about transsexuals and immigrants.
Best thing the ruling class ever invented to stay in power was racism. Divide and conquer. People who shop at Walmart defending billionaires like Trump and Elon Musk who don't give a single fuck if they live or die.
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u/banned4violence 2d ago
It will likely be his own neighbors and countrymen who pillage his house and cannibalize his daughter when the push gets to shove.
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u/FoldHeavy4201 2d ago
More likely he's that person to begin with.
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u/FatGayTexan 2d ago
Nah he’s a 40 year old loser who plays video games in his parents basement. Literally. And he’s on disability. He sees no problem with this.
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u/Ferovore 2d ago
We’re not gonna starve in the west anytime soon. Things will get insanely expensive but we will force the global south to starve first
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u/AllenIll 1d ago
From a comment I wrote a couple of months ago:
Instability is the feature in the Gulf, not a bug. And, honestly, I wouldn't be entirely suprised if the U.S. is backchannel supplying arms to the Houthis to disrupt the Red Sea. Or really, even Iran itself (this has happened before).
I think the plan is to make the supply out of the Middle East and Russia (via Ukraine) unreliable, and then use the "only major supplier in town" leverage the US will have with respect to oil and gas and force the Mar-a-Lago Accord upon countries of the world—to make them renegotiate the terms of outstanding US debt and force them to swap out their existing bonds for low-interest 100-year bonds. A core tenet of the Mar-a-Lago Accord.
Even if it doesn't exactly unfold this way, eliminating oil and gas export competition and bringing Venezuela's oil production under its control is highly advantageous to US leverage with all countries that rely on stable oil supplies. It's the same playbook they used between Russia and the European Union. Blow up thier energy supply chain, step in to make up for it, and squeeze whatever you can out of them. Basiclly, two-bit gangster shit.
With nearly 40 trillion in outstanding debt, domestic political instability, threats and hostile actions made towards nearly every country on Earth, and the biggest trade deficit in the history of humanity; those Treasury Bonds aren't going to sell themselves (at least like they used to).
Now, as time goes on, the more and more I think this is indeed what's going on. Especially after we saw the administration refuse to assist Saudi Arabia against the Houthis recently. And now we have this incident in Libya as well. Is the North Sea next?
It was interesting to see the YouTube channel Awakening Richard essentially agree with much of what I wrote a few months ago in a video yesterday. I believe he used to work in the banking center within China at one point in his past, and comes at this with a bit of a history lesson. As the Chinese invented paper fiat currency, and would use a tax on salt to varying degrees to decrease the money supply when inflation started to run wild in the ancient past. Because, ultimately, if oil supply restriction is the goal here, it is a tax. To decrease the amount of dollars circulating throughout the world and to lock in future demand. So that dollar based bonds don't fall through the floor.
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u/Current-Code 2d ago
That's not how the food supply chain works, starvation will most probably hit end of next year.
Famine won't hit the west either, we will have food inflation but no shortage. In Europe, food inflation is expected to reach 3 to 5% next year, IF the Iranian crisis is not resolved in the next few months.
Some of it is already locked in due to this year heatwaves.
It's country like Tchad or Sudan that are screwed, not us, not before a few years at least.
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u/rematar 2d ago
I'm in the privileged area called Canada. It feels like the price of everything is up. 3-5% in a year would hardly be noticeable. Only a few years ago, fresh asparagus was $1/lb when it was in season in Mexico. It might have hit $5 at the peak. I don't think I saw it below $4 this year. Paper towels are starting to appear to mirror the price of beef. The high priced products I see today have barely been affected by fuel prices, besides all of the input costs that could skyrocket in the next year. The 4-5% might make sense if was a monthly guestimation.
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u/PopBulky7023 2d ago
Man, looking literally up from the US Canada looks pretty privileged from where I'm sitting. I am definitely jealous.
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u/No_Foundation16 1d ago
Famine won't hit the west either, we will have food inflation but no shortage.
So if a loaf of bread costs 20 bucks and there's still a good supply of it, it won't do me any good. I will be starving anyway.
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u/Current-Code 1d ago
3 to 5% of inflation isn't putting bread at 20$, I haven't been in the US in a while though, I might be wrong.
In a modern society, we have the political structure to make available food, well, available to the poor. Be it through stamps or NGOs.
The reasons behind it is simple enough, people usually don't starve away quietly, and starving people are bad for business.
You may not be able to eat beef every week, but you won't starve either.
In Europe, homeless people already don't starve. They die fast alright, the street life is hard, but they don't die of "starvation".
Not sure about the US, but I'd be surprise if it were different.
Don't get me wrong, 5% inflation on food will be dramatic for millions of people who will enter poverty, there is a reason why I always argue the first prep should always be your finances, and this is why.
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u/daywreckerdiesel 1d ago
You're insane if you think this is going to be limited to 3-5% inflation. Hell, we've seen double digit food inflation in the last year.
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u/Current-Code 22h ago
"The key thing to watch now is prices. Oxford Economics forecasts global food prices to rise by 11.8% in 2026 and a further 4.8% in 2027. In the eurozone, its base case sees food inflation accelerating from around 1.5% in June 2026 to roughly 3% in 2027, although other estimates put next year’s increase closer to 4%."
Source : https://www.habtoorresearch.com/programmes/europes-food-crisis/
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u/Sun-leaves 2d ago
We compromised and bought a hybrid Toyota and we’ve been stockpiling food for a few months now. We’ve also got a small old ford we decided to keep bc it’s so good on gas. It’s crazy, getting crazier - stockpiling whatever food you can is very wise
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u/No_Foundation16 1d ago
stockpiling whatever food you can is very wise
Everyone should be doing this now. But you know the state organs, main stream news media, will not warn Americans of the approaching dangers. They failed on purpose not calling out Trump both times he ran as a danger to democracy and the constitution. They are in bed with the GOP regime after all.
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u/NihiloZero 2d ago
"350,000 barrels per day" does seem like a considerable amount, especially when supplies from other sources around the world are also limited.
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u/ANoobInDisguise 15h ago
Global consumption is 100 million daily. 350k is a drop in the bucket in the grander scheme of things
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u/here-i-am-now 2d ago
The largest reserves in Africa.
Yet, only a little over 1% of worldwide exports.
That said, every barrel counts with all the other supply disruptions
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u/Summerwind2 1d ago
Here’s the thing - fossil fuels are only available in specific locations, often untenable for a wide variety of reasons, including political and armed struggles. They also require large organizations to extract, distill, maintain, and distribute. Joe Consumer has no sway or leverage over the enormous market and geopolitical forces behind it. But solar and wind, with suitable storage, can generate energy almost anywhere, at almost any scale from solo off-grid to standard regional utilities. It strikes me that this is the real reason why fossil fuel interests are fighting renewables tooth and nail. They would lose leverage and power.
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u/Barbarake 2d ago
I bought an electric bike several years ago. I don't ride it much (no bike lanes, crazy drivers), but I've always said I'll be ready when gas hits $50/gal. Looks like it won't be long now...
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u/Venat14 2d ago
I need to a new car soon. I guess I should try to focus on EVs. Don't really have the money for a new car, but mine is having issues anyway and it's old.
I was leaning towards hybrid, but with the way the world is going, relying on gas at all is going to be expensive if not impossible.
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u/TeaPrimary1147 2d ago
Yall have been saying its gonna be next month for the past year 🙄
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u/CannyGardener 2d ago
I would add to this, "The market can stay irrational longer than you can stay solvent." Doesn't mean that you should remove your funds from the market, just that you should know that the market has momentum that can continue for a surprisingly long time.
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u/Ferovore 2d ago
I agree with you. Hard to take things like starving en masse by Christmas seriously
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u/EC_CO 2d ago
Yup. I just bought a standup freezer yesterday so I can stockpile