Something bizarre is happening off the coast of Galveston, Texas. Were you to look toward the sea in the Texas port town, you’d be subject to a oceanic traffic jam of epic proportions. Ships carrying oil have gathered along the coast in the Gulf of Mexico in such great quantities that ships approaching the port have been asked to move toward the town slowly in an attempt to ease the burden.
This phenomenon is directly tied to the huge amounts of oil stored internationally and in floating container ships across the world. As oil prices fall, stockpiles of the resource are going through the roof, and governments and companies don’t have anywhere else to store it.
This could cause the price of oil to fall catastrophically further, as supply far exceeds demand for the time being.
To see the full report on this strange occurrence, continue reading on the next page:
I like my explanation better.
Me too
Cary Davis , That is exactly what I stated. Full tankers sat at anchorage and I did live thru it. By the way the tankers pictured are riding high and are not the actual ships now sitting fully loaded.
a picture is worth a 1000 words this picture says these ships are empty huh
We were able to see them coming home from our cruise last weekend. They’re lined up out there like a train. Hundreds.
sO WHY IS GAS STILL $3 A GALLON IN ca WHERE ALL THE REFINERIES ARE ON THE wWEST COAST?????
Ship is riding to high to be loaded the second looks the same
They can’t unload without payment and the US is bankrupt as of 1-1-2016. Just look at the stock market.
someone is prepping for WAR
lol another lie