The World Bank said it yesterday. These are their words, not mine.

Bigger than 1979. Bigger than the Arab Embargo. Bigger than the Gulf War. Bigger than COVID.

This one. Right now.

Here's everything that dropped in the last 48 hours...and none of it is good news for the pump.

The World Bank published their Commodity Markets Outlook yesterday. Global energy prices forecast up 24% in 2026. The biggest jump since Russia invaded Ukraine. They revised their oil price outlook up $26 a barrel from what they were calling just three months ago.

This morning the EIA dropped their weekly inventory report.

Gasoline stocks down 6.1 Million barrels in a single week. Diesel down 4.5 Million...sitting 11% below the five-year average. Total petroleum inventories dropped 17 Million barrels in seven days.

Gas at the pump hit $4.18 national average this week. Diesel is sitting at $5.35 a gallon. Both numbers still climbing.

Every truck on the road. Every piece of equipment on a job site. Every haul moving goods across this country. That's the cost of doing business right now and it isn't coming down fast.

Goldman Sachs says global inventory draws are running at 11 to 12 Million barrels per day. A record pace. JPMorgan put the total supply disruption at 13.7 Million barrels per day. The IEA called it the largest supply shock in the history of the global oil market.

Citi has a bull case of $150 a barrel if the Strait of Hormuz stays shut into June.

The Strait is still shut.

The UAE just quit OPEC effective Thursday...the first time in nearly 60 years. The organization that controls 36% of the world's oil production just lost its second most influential member.

Summer driving season hasn't started.

What does all of this mean for you?

Gas prices aren't coming down before Memorial Day. Diesel isn't coming down before Memorial Day. Everything that moves on a truck

...groceries, equipment, materials, goods...costs more because of what's happening right now on the other side of the world.

The people who saw this coming weren't the banks. They weren't the analysts. They weren't the guys on cable news.

It was the hands who understood what a closed chokepoint means before the first report was ever written.

The world is finally catching up.