So I've noticed that with a 20% reduction in oil supply globally, the price at the petrol pumps is reflecting this with prices increasing around 20%. Yet domestic heating oil has nearly doubled in price.
I asked 2 AI's, ChatGPT and Perplexity why this is, they gave partial answers. Apparently petrol is based on crude oil price, but kerosene, a derivative of this is more specialised and primarily used for heating oil and aviation fuel.
I'm sure this is partially true, but I suspect aviation and domestic fuel suppliers are both enjoying the high life right now.
mike
npub1aq…c237n
2026-03-22 12:32:17 UTC
Author Public Key
npub1aqakd28d95muqlg6h6nwrvqq5925n354prayckr424k49vzjds4s0c237nSeen on
wss://relay.damus.ioPublished at
2026-03-22 12:32:17 UTCEvent JSON
{
"id": "0c301ef95c64a78c465901e9fa8e94c0dc3f7a4ac2a137f5e6070cfd5f113323",
"pubkey": "e83b66a8ed2d37c07d1abea6e1b000a15549c69508fa4c5875556d52b0526c2b",
"created_at": 1774182737,
"kind": 1,
"tags": [],
"content": "So I've noticed that with a 20% reduction in oil supply globally, the price at the petrol pumps is reflecting this with prices increasing around 20%. Yet domestic heating oil has nearly doubled in price. \n\nI asked 2 AI's, ChatGPT and Perplexity why this is, they gave partial answers. Apparently petrol is based on crude oil price, but kerosene, a derivative of this is more specialised and primarily used for heating oil and aviation fuel.\n\nI'm sure this is partially true, but I suspect aviation and domestic fuel suppliers are both enjoying the high life right now.",
"sig": "6113233d73cd74454a7a25bf2a8b1cbbb411662f073c3b5fa456440c2706ee7e8c7ae5a864d40134b08123a7129e831f4f4018dcb5cb3c5949c48afda2123888"
}