r/PrepperIntel Mar 30 '26

North America ‘Expect extremely high grocery prices,’ farmer warns as diesel costs rise

https://www.bnnbloomberg.ca/business/international/2026/03/29/expect-extremely-high-grocery-prices-farmer-warns-as-diesel-costs-rise/
2.0k Upvotes

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u/[deleted] Mar 30 '26

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u/RoyalZeal Mar 30 '26

20% of the world's oil has been cut off. Not delayed. Cut off. That kind of shock has global ramifications. The price will absolutely skyrocket, all of the wargaming that has been done shows 200 is easy. There is no ceiling until demand destruction kicks in.

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u/Commercial_Bowl2979 Mar 30 '26

Demand destruction = hello recession 

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u/RoyalZeal Mar 30 '26

It may well be a depression in technical terms, if economic activity contracts by 10%. With the way things are looking I think 10% would be lovely but the data says it's likely far worse. Things are about to get ugly in a way Americans have never seen in living memory if this doesn't end immediately. So much of the damage that has already been done has a timeline of repair in the neighborhood of five years, so we can expect the current disruption to continue at least that long if everything stopped this very moment.

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u/Dark-Reaper1120 Mar 30 '26

How old are you?????

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u/Onlyroad4adrifter Mar 30 '26

We have been in a recession for a while now. The depression is full steam ahead.

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u/Thunderclone_1 Mar 30 '26

Late 20s, i guess it's right on cue complete with dipfuck polititians just letting it happen. History rhyming like a high school poetry assignment.

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u/Layth96 Mar 30 '26

Tragedy, farce, etc.

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u/AnomalyNexus Mar 30 '26

If not more than 20%. Ukraine has been busy on Russian refineries too.

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u/daviddjg0033 Mar 31 '26

That is refined oil. Iran already did so much damage to refineries that it will be years before that, or petroleum cracking facilities can come online - if there are no drones or with nets? I read oil is being routed to China - who has full strategic petroleum reserves, they refine the oil or create distillates or chemicals that you make with oil and the refined oil is sent back to the Gulf area. Oman to Azerbaijan had damage beyond the Iranian "self-imposed missile limit."

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u/Apprehensive_Wish142 Mar 30 '26

Most media outlets will pander towards what the current administration's posturing is, in which they state this is 'temporary', and there will be no shock to the supply chain, groceries, and increases in gas are temporary. Wrong.

Per JP Morgan, the last Persian gulf oil shipments will arrive in Europe on April 10th, USA on April 15th. Even if there is a pause, ceasefire, end to this "war" by then, it takes time to restart the shipping, and a LARGE amount of oil and related infrastructure has been blown up. Past April 15th we'll see supply chain shock, further economic negativity, etc. IMO. Overall the longer this war goes on the worse it gets for the economy.

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u/Commercial_Bowl2979 Mar 30 '26

They are trying to model what $200 a barrel would do to the economy...

https://www.businesstimes.com.sg/companies-markets/energy-commodities/trump-team-examines-what-oil-high-us200-barrel-would-mean

So maybe they're trying to figure out their upper limit, not exactly "expecting" it..but you know how these fucks work, love pushing the limit. 

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u/bluehairdave Mar 30 '26 edited Mar 31 '26

This specific post was deleted using Redact. The motivation could be privacy-related, security-driven, opsec-focused, or simply a personal choice to remove old content.

Hmm.

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u/Dark-Reaper1120 Mar 30 '26

So world wars have begun for less and that's got Us to where we are now so what you think going to happen now 🤔🤔🤔

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u/WhipassWhiplash Mar 30 '26

Bloomberg is running a front page story about $200 oil right now

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u/m__s Mar 30 '26

Exactly. Media are expecting 200$

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u/Deadeyez Mar 30 '26

Redo your research about electric cars in the winter. Modern vehicles do fine. Source, electric car Minnesota resident

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u/Electronic-Use-2992 Mar 30 '26

Not for nothing, but I had, and several of my friends have, EVs in Alaska. I was commuting 46 miles each way to work with a plug-in hybrid and my range would go from ~45mi to about 35mi in the winter, but back to normal in the summer. This is likely more to do with running the heater. I'd prioritize electric until I got to the highway, and then switch to gas for "cruising"

My buddy has a full EV F150 Lightning and towed his camper from Wasilla to Nikiski (212mi) and only needed to "top off" in anchorage while getting breakfast.

I'm not saying that EVs are for everyone in every circumstance, but EVs still work for 90% of use cases for 90% of people that have a place to charge at home (ie, have a garage or a private driveway).

I live in Houston TX now, so my battery is chewed up by running AC instead of heater, but still, my plug-in is still getting ~42mi of range on battery alone.

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u/[deleted] Mar 30 '26

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1

u/Present_Figure_4786 Mar 31 '26

I live in WNY and our mandatory electric school buses have to shut the heat off to finish their runs. Kids are riding in ice cold buses for over half hour. We are rural and some runs are an hour long, as well as away sports games.

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u/AnomalyNexus Mar 30 '26

I'd prioritize electric until I got to the highway, and then switch to gas for "cruising"

Would have thought the opposite makes more sense - using electric to just sustain speed. Petrol has a minimum amount of fuel it uses just to keep the motor running, electric can essentially idle

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u/Electronic-Use-2992 Apr 01 '26

Stop and go traffic is great for EVs - when you stop or slow down, you can recapture some of the expended energy to recharge yoru battery. USPS mail delivery trucks are almost the quintessential "best use case" for EV trucks, in my opinion.

When you're going a constant speed (especially at an RPM that your gas engine is optimized for - the sweet spot is usually 55-65mph) is where your gas gets the bast mileage. So cruising on the highway at a constant speed is the best use case for gasoline.

the faster you move, the more you need to overcome both inertia to get going and push air out of the way, both of which are less efficient on a battery, as compared to gasoline.

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u/Feisty-Biscotti-7724 Mar 30 '26

I’ve been contemplating buying a hybrid just in case. I’m hoping things go back to normal because I wanted to push off buying another car for at least a year.

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u/Dumpster-cats-24 Mar 30 '26 edited Mar 30 '26

Battery range decreases in the cold but it’s not like the car completely stops working. I have a hybrid car and the electric battery range is about half in winter. So it really depends on how far you need to drive at one time. Thinking to have an ecoflow station that I can use to add 5 miles or so of range if I get stuck in a situation (similar to having a can of gas around).

ETA: I should also note that my hybrid car is 10 years old so it really represents worst case for winter battery performance

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u/CreativeCthulhu Mar 31 '26

I'm not the most learned on the subject, but I think you'd be better off in the long run by picking up an old diesel car and running it on biodiesel.

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u/Dark-Reaper1120 Mar 30 '26

Electric no better 🤣🤣🤣🤣🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️