"Be excellent to each other." "To be primary is beautiful. It is to be a part of nature, a part of time itself." #LGM
New Jersey, USA
Joined February 2016
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The Known Unknowns ๐คท๐ปโโ๏ธโ๏ธ๐ง๐ปโโ๏ธ retweeted
I'm sure this is fine.
New data center will be partially powered by human brain cells for the first time
livescience.com/technology/cโฆ
The Known Unknowns ๐คท๐ปโโ๏ธโ๏ธ๐ง๐ปโโ๏ธ retweeted
๐บ๐ธ๐ฎ๐ทTrump wants the deal and expects to finalize it soon, but is keen to strengthen several points that are important to him โ particularly around Iran's nuclear material, two U.S. officials said
๐บ๐ธ๐ฎ๐ทTrump's request has launched another round of back-and-forth between the parties that could last several days
The Known Unknowns ๐คท๐ปโโ๏ธโ๏ธ๐ง๐ปโโ๏ธ retweeted
Cushing inventories are scraping bottom of the tanks again at 23.024M barrels as of today's EIA report.
Stated capacity is ~90M, but realistically working capacity is ~76M as you have to leave room at the tops of the tanks for transfers and the functional minimum is ~20 million barrels.
Fun fact: The actual WTI futures contract you are all trading, is Cushing (why it is separated out on the inventory reports).
The Known Unknowns ๐คท๐ปโโ๏ธโ๏ธ๐ง๐ปโโ๏ธ retweeted
On e of the main contributors to why Starwars was such a large part of our lives has passed.
Huge respect to someone that was a master at their craft.
US distillate inventories sink to 23-year low | BOE Report boereport.com/2026/05/28/us-โฆ
The Known Unknowns ๐คท๐ปโโ๏ธโ๏ธ๐ง๐ปโโ๏ธ retweeted
Bragging about draining the SPR to manage oil prices is like saying, โI lost my job, but my spending habits havenโt changed because Iโm burning through my life savings. IโM SO IMPRESSIVE!โ
๐
For the first time in this Credit Cycle more money is leaving private credit than is going in.
In Q1 2026, $7 billion left non-publicly traded BDCs (business development companies, ie. private credit shops) while they only raised about $5 billion. Total redemption requests from investors to private credit shops topped $15 billion. Investors we're denied 53% of their money.
The credit crisis has now officially gone systemic. With less money coming in private credit shops have to make forced sales of assets to raise funds for redemptions. Some sales have been as low as .65ยข on the $1. We're looking at accelerated downside price discovery. How delicious!
Read the rest here: ianwelsh.net/closer-to-the-eโฆ
@iwelsh @KidNate @MarvClowder @onechancefreedm @Known__Unknowns @ClonalAntibody @Grimeandreason
The picture does help. ๐
MARK YOUR CALENDAR - US Petroleum Crisis Arrives in Mid-August
US reserves (non SPR) are at 440mln barrels.
For refineries, pipelines, storage tanks, and terminals to function the system needs a minimum of 380mln barrels in reserve. If reserves fall below that level getting petrol from point A to B is like pushing a string, instead of pumping a viscous liquid.
Letโs do some simple math. We export 5mln barrels a week, plus or minus a million.
The US uses 120million barrels a week.
Subtract our exports over the next ten weeks. Thatโs 5ร10=50 mln barrels pulled out of the reserve.
Subtract 50 mln barrels from present reservers (non SPR) gets us within the margin of error at 390mln barrels.
At this rate US petroleum and gasoline reserves will be at crisis levels in mid-August.
UNDERSTAND THAT MATH? CRISIS LEVELS. In the USA.
I've even included a picture for dim lights among us.
@iwelsh @onechancefreedm @DickCheneyFacts @KidNate @Kathleen_Tyson_ @RKelanic @EricMartin24 @EPHaury @zenpundit @Abhijit_A_ @brazosrealist @CrusaderTrade @Known__Unknowns @Grimeandreason @iangarrickmason @Sr_Lazarus @MisbehavingE @policytensor
Curious hot take.
If evil incarnate is fleeing, the last thing Iโm thinking is, โitโs about to get REAL.โ
More like, โItโs finally over.โ
โค๏ธ
35 years of Gish ๐ Iโm just waiting for my limited edition colored vinyl to arrive ๐ค #Smashingpumpkins
The Known Unknowns ๐คท๐ปโโ๏ธโ๏ธ๐ง๐ปโโ๏ธ retweeted
Cobra Commander your leadership has been pompous pusillanimous and PATHETIC! All Hail Serpentor! #GIJoe #GIJoeCommunity ๐๐๐๐๐
๐ค Made with AI
