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FAA issues nationwide ground stop for all flights due to ‘extrodinary circumstances’ and safety (www.cnn.com)
submitted 20 hours ago by to c/news@lemmy.world
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All flights in the United States are grounded until further notice “due to extraordinary circumstances and for reasons of safety,” the Federal Aviation Administration said in a statement.

The FAA issued the ground stop “following a communication issue impacting all Air Route Traffic Control Centers,” Secretary of Transportation Sean Duffy said in a social media post. “FAA technicians are investigating the issue.”

Air Route Traffic Control Centers are regional facilities that handle flights going across the country.

“Traffic should remain ground stopped until further notice,” the FAA said in an advisory. “International flights will be managed on a case by case basis.”

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[–] 3 points 3 hours ago

The petroleum market is very complex and I don’t have the brains to dig into it. Suffice to say that thanks to all the bombs and missiles flying around and hitting oil infrastructure right now the markets have become unhinged as far as what oil costs and what refined products cost and the reltaionships between those and market/future prices. IOW per bbl cost can be down and gas prices up, or vice versa. For now though just know that it’s going to be years before proces could start coming back down thanks to the destroyed refining and shipping capabilities.

But anyway, you already answered your question…they pocket the difference. And odds are that even if refining capability catches back up, consumers won’t see a commensurate drop in price. “Record profits”, y’know.

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