Iran war adds $330 billion to global energy import bill
The war is increasing global energy import costs, implying tighter and more disrupted oil and gas flows.
Source →The trace
How it reaches your house.
Starting from Canadian crude oil imports, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Interstate natural gas transmission pipelines →Prices riseInterstate transmission is the backbone of residential gas delivery, so tighter pipeline throughput raises delivered household gas prices.
89% confidenceInterstate natural gas transmission pipelines →Prices riseBecause this network serves the U.S. market overall, disrupted interstate gas flows lift nationwide delivered gas costs.
87% confidenceInterstate natural gas transmission pipelines →Prices riseNortheast US (New England + Mid-Atlantic)
This region carries a large share of the network's flow, so it is especially exposed to higher delivered gas prices.
Hop 2
Jet fuel →Prices riseGulf Coast crude oil feedstock (jet fraction)
Jet fuel is highly dependent on jet-fraction crude feedstock, so war-driven tighter oil flows should raise that input's cost and tighten availability.
91% confidenceKinder Morgan, Inc. →Prices riseKinder Morgan has a large dependency on pipeline-grade natural gas (40%), and the war-driven tightening of gas flows should push that feedstock's cost higher.
83% confidenceNatural gas wellhead production →Shortage riskHop 3
Gulf Coast crude oil feedstock (jet fraction) →Shortage riskThis feedstock is a critical 95% dependency for jet fuel, so a wartime tightening of crude flows directly constrains jet-fuel output.
97% confidenceBitumen / Asphalt Binder →Prices riseBitumen is a critical 95%-dependency input to asphalt and paving materials, so higher bitumen costs and tighter supply should flow directly into that downstream good.
93% confidenceGulf Coast crude oil feedstock (jet fraction) →Shortage risk
Where it lands
What you buy, and what you own.
Goods you buy
Natural gas (home) · Jet fuel · Asphalt and paving materials · Cleaning and sanitation supplies · Glass and windows
In the MyPRIA app, this is checked against your own holdings.