EIA data today confirm API data - Cushing down to 20.03M bbl crude storage. Operating tank bottoms lie below this level. 18M to 20M bbl is estimated operational tank bottom.
The effects of the developments you document, implying widely dispersed food and fuel catastrophe, are prefigured in the developing situation detailed by Ice Age Farmer, who sees global famine rapidly approaching. In this short video he relays reports of farmers in one Russian region running out of diesel. War acts as an accelerant, but much of the rest of the world might not be far behind. IAF / Unshadowed and your channel are indispensable. Both keep it factual, brief and to the point.
I’m having a hard time believing that we’re heading into a energy crisis. Gas prices were I’m at are way down to. Yup yup lots of inflation in other prices .
I understand what you’re saying about futures and physical and it’s makes sense. It’s just when I see a substantial drop in gas prices I’m having a difficult time believing a huge spike is coming.
There are two exclusive Realities Carnie: There is the 'Speculative' reality, and there is the reality we individually live in? Today, they only coincide occasionally. If one is not a Gambler; then concentrate on that reality which you have 'some' control over?
If I could only buy ONE: Choosing between an ounce of silver, a barrel of oil, and 100 lb. rice, then the rice would win??? They are all the same amount of dollars........
EIA data today confirm API data - Cushing down to 20.03M bbl crude storage. Operating tank bottoms lie below this level. 18M to 20M bbl is estimated operational tank bottom.
So..peace "just in time" by Friday...digi signing.. in Geneva..? to track and bomb
oil at 75$, Fed mumble today 17, G7 gang bang
and then NO peace deal by Friday....!!
What a market manip con job...
shake out...or...Reset
space X up + 1 trillion $ for the week...
Who increased that extra 1 Trillion $...M2 supply...?
Is trumpy also running..the PPT...? (unlimited paper creation + NO liability )
When this sucker gets included in the Indexes.....it is Your problem....RUN
The effects of the developments you document, implying widely dispersed food and fuel catastrophe, are prefigured in the developing situation detailed by Ice Age Farmer, who sees global famine rapidly approaching. In this short video he relays reports of farmers in one Russian region running out of diesel. War acts as an accelerant, but much of the rest of the world might not be far behind. IAF / Unshadowed and your channel are indispensable. Both keep it factual, brief and to the point.
https://unshadowed.substack.com/p/no-fuel-no-food-farms-shutting-down
thanx David. Useful info as always.
$75 a barrel?
Watch over the next few weeks.
Plus...Many more 'Question marks'....
-52,000 DJI?
-99.8 USD?
-5% Unemployment
-700.000 Job openings?
-40 trillion US national debt?
-debt at every level which cannot be resolved, but only rolled over?
-Wars which cannot be ended?
-
-
-A collapsing Judeo-Christian ideology which offers chaos rather than solutions?
The "Signs and portents" are meaningless!
Only possible in clown world.
Digital clown world for now.
Physical demand world coming.
Gas prices down about $0.85?
I’m having a hard time believing that we’re heading into a energy crisis. Gas prices were I’m at are way down to. Yup yup lots of inflation in other prices .
Pricing using digital futures is not representing physical supply and demand.
That is the issue.
I understand what you’re saying about futures and physical and it’s makes sense. It’s just when I see a substantial drop in gas prices I’m having a difficult time believing a huge spike is coming.
There are two exclusive Realities Carnie: There is the 'Speculative' reality, and there is the reality we individually live in? Today, they only coincide occasionally. If one is not a Gambler; then concentrate on that reality which you have 'some' control over?
If I could only buy ONE: Choosing between an ounce of silver, a barrel of oil, and 100 lb. rice, then the rice would win??? They are all the same amount of dollars........