Welcome to Seeking Alpha's Wall Street Lunch, our afternoon update on today's market action, news, and analysis.

Good afternoon. Today is Thursday, April 16th, and I'm your host, Kim Khan. Our top story so far,

Europe may have maybe six weeks or so of jet fuel remaining, International Energy Agency Executive Director

Fatih Buren, told the Associated Press, warning of what he called the largest energy

crisis we've ever faced, following the near shutdown of oil and gas flows through the

strait of hormones. The impact would mean higher petrol prices, higher gas prices, high

electricity prices, and potential flight

cancellations soon, Beryl said. The economic strain would hit unevenly with countries including

Japan, Korea, India, China, Pakistan, and Bangladesh on the front line, along with poorer nations

across Asia, Africa, and Latin America. Then it will come to Europe and the Americas, he added.

If the straight has not reopened, Bureau warned, soon we will hear the news that some of the

flights from City A to City B may be cancelled as a result of lack of jet fuel in Europe.

Meanwhile, a senior Chevron executive told consumers facing higher energy prices, they may just want

to drive less and turn the lights off.

We should always be conserving energy, whether it's your light switch or the miles you drive

or what kind of car you buy. Andy Waltz, Chevron's president of downstream, midstream,

and chemicals told CBS, I would encourage everybody to try and conserve.

Hang in there, and hopefully prices will be coming down soon.

Among active stocks, PepsiCo

reported improved Q1 results at its convenient food segment after pledging price reductions in

December. The company said its brand refresh efforts, innovation pipeline, and affordability

initiatives are gaining traction. For the full year, Pepsi expects organic revenue growth of

...