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    Europe has 'maybe 6 weeks of jet fuel left,' energy agency head tells AP
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    Europe has ‘maybe 6 weeks of jet fuel left,’ energy agency head tells AP

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    1. yahoonews on

      [AP reports:](https://uk.news.yahoo.com/europe-maybe-6-weeks-jet-105138513.html?ncid=redditnewsus) Europe has “maybe 6 weeks or so (of) jet fuel left,” the head of the International Energy Agency said Thursday in a wide-ranging Associated Press interview, warning of possible flight cancellations “soon” if oil supplies remain blocked by the Iran war.

      IEA Executive Director Fatih Birol painted a sobering picture of the global repercussions of what he called “the largest energy crisis we have ever faced,” stemming from the pinch-off of oil, gas and other vital supplies through the Strait of Hormuz.

      “In the past there was a group called ‘Dire Straits.’ It’s a dire strait now, and it is going to have major implications for the global economy. And the longer it goes, the worse it will be for the economic growth and inflation around the world,” he said.

      The impact will be “higher petrol (gasoline) prices, higher gas prices, high electricity prices,” Birol told AP, with some parts of the world “hit worse than the others.”

    3. drainfrog_92 on

      Wild how vulnerable everything is to one chokepoint. Honestly, one tiny thing we could do as individuals is rethink short-haul flights and use trains more when possible. Wonder if airlines will preemptively cut routes.

    4. GKGriffin on

      The high-speed rail network that should solve this exact problem had drafts multiple times in the last 30 years. Europe-s unwillingness to invest itself is going to lead exactly this kind of situation. This is not just the problem of people getting poorer and we are getting behind. It’s an existential threat, hopefully this one will be a wake up and not just another fuel to populism.

    5. derekcz on

      Good, let the industry collapse. Fucking nothing has been done to cut dependencies on painfully obviously unstable “partners”

    7. Far_Government_9782 on

      Countries are going to have to put the ban hammer on short-haul flights, so that we can at least keep those flights for which there is no real alternative.

      I wonder if there is scope for making fuel go further by lightening planes. Luggage weight limits could be lowered. Perhaps we could start weighing people and their luggage together! I’m amazed at how much stuff some people drag onto planes.

    11. Vegetable-War-4199 on

      Could truly bugger up the football world cup if it happens, teams won’t even be able to get there from Europe

    13. Nerioner on

      Last week it was 3 weeks left so i guess we’re improving lol

      Honestly reading news feels like reading the bible these days… you can find news report that suits you in the moment and don’t you worry about all the contradictions around

    14. shadownlight19 on

      Guys, hear me out!

      What if.. instead of using jet fuel travelling by airplane… we instead use something like.. trains?

      I must not be the crazy one here right?

    15. RelevanceReverence on

      Fantastic, the airlines have been enjoying tax free fuel since the marshal plan of world war two. Let them innovate or die, no bailouts this time.

      Go build some electric planes, you lazy bastards.

    16. BasvanS on

      How much do we normally stock?

      Not that I care about the aviation industry. Let the short haul collapse and give us an incentive for better train service.

    17. Latter-Effective4542 on

      Yeah… I saw a video about this recently. 20% of the world’s fuel goes thru the Strait of Hormuz, but that’s 30% for jet fuel. They only keep stockpiles of fuel for several months, and the last time they got any thru there was February 26th or so.

    20. dege283 on

      Well, there are countries where trains are actually working fine. The problem is that if you want to travel from Berlin to Milan, it takes ages to get there, while with a flight it takes 1:30 hours.

      I would love to travel more by train (and indeed I did it when I was in Italy, trains are exceptional cheap, on time and most of them are new) but for long distance it is still better to fly.

    21. umyselfwe on

      what no refineries in europe making kerosene, especially since its use for home heating.

    23. Drumbelgalf on

      Who would have thought that Trump would be responsible for a reduction in domestic flights and CO2 emissions in general?

    24. Popular_Tomorrow_204 on

      Hey but we have good, high speed rail at least that got a lot of funding in the last decades and did not get pushed into the background for more roadwork.

    25. crossdtherubicon on

      As far as I understand, every country basically has a continuous 6 week supply on average. This is due to the normal storage limitations of this type of chemical, and demand.

      So, it’s only a problem if the continuous supply is interrupted. Otherwise, it’s business as usual but, the real issue is the higher market prices, and general volatility.

      EDIT: I saw that the IEA nations are required to hold approximately 90 days of oil reserves. And jet fuel contributes to the 90 days of reserves.

    29. nicalibrex on

      Genuine question: what are the chances that this momentum is used in Europe to finally boost the investments in train infrastructure and electric cars? Is this just wishful thinking?

    30. Goatmannequin on

      Quit teasing! The boy who cried Wolf, I remember that story. Maybe if you were serious you’d enforce virtual meeting mandates and work from home, but we all know these messages are intended for policymakers because the rich people are scared of losing the status quo.

    32. Smalahove1 on

      And the same policians mone about nuclear power…

      We are in an odd place in history. In the 70-80s population was against nuclear. While politicians wanting it.

      Today, the population wants nuclear power. But the politicians do not want it, or have made a legislation moat too it so it cannot be used. Cause it takes 20 years to build one and following the legislation.

      Why? Oil money ofc…

      Corruption has essentially made us stagnate. Europe corruption is more subtle than other nations, but its there.

    36. Kevin_Jim on

      Shouldn’t the strategic reserves be able to last for months on end of a complete collapse?

      We can’t hold on for a couple of months of a fifth of the oil being halted. So, many more depots do we need?

    39. ryansalad on

      Seriously guys, you just all need to stop flying. I’m sorry that it is taking a fuel crisis to get you to stop, but you don’t really need to be going anywhere. Find an alternative.

    42. Technicalforest on

      Good, covid restrictions was the best thing that has happened for the environment in forever lol, shut down the jets and build more trains.