Commodore Steve Jermy
speaker
516 appearances
1 recordings
1 series
first heard Jul 2026
last heard 20 Jul
Commodore Steve Jermy’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
That's the fuel used for ships.
But when I was talking to somebody recently about those, those were doubled.
So again, it's what people are actually paying rather than the futures market.
And it's when those two come back into alignment, then we'll know probably more what's happening.
The problem, I've said this before as well, Tucker, is that when somebody, Danny Davis, so I think you know Daniel Davis, said to me, he said, if you were the czar of the world, what would you do about solving the energy crisis?
I said, the problem is that the energy crisis, nobody's in charge.
The whole of the energy markets are run by the market.
So there is no single entity can say, well, we need to do X, Y and Z to sort this out.
You know, you can't just say, well, we need to actually run more tankers through the straits for most of the shipping companies.
So we don't like the look of that.
Thanks.
We'll wait until it's ready.
So there are a whole load of issues here which are really run by the market.
And I think there's nobody who really understands the thing itself.
And even if they did understand, there's nobody who can actually press a button and press five or six buttons to make the whole thing work again properly.
I'm hearing the same thing from other analysts.
I listen to this like a book.
And I don't say that I've got the answers, but what I do say is that you take this amount of energy out of the system, it's bound to have economic consequences.
It's a mathematical impossibility that it won't.
I think if I take the Middle East first, I've got a strong suspicion, I can't say for sure, that as the continued closure of the straits comes home to the United States, and that as the midterms go, as I think it's almost impossible to avoid now badly,
Showing 441–460 of 516 · page 23 of 26
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