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:
None of the ships in the photo have oil in them. look at how high they are riding in the water.
dumbass post..I live on Galveston island. Ships have been staging here for decades.
Another possibility is as the oil is on the ships it is not in storage ashore and is not taxable.
No oil in those ships in the pictures if they are the ships anchored up
Hey Steve Seymour is there any truth to this ?????
Conspiracy theory. Port of Houston is ranked #1 in gross forgin
Truth And Action, if want to go out to the ship anchorage and get some photos, feel free to contact me. Fuel is cheap right now. Help me with a little cost and I would be happy to take you. PM me if your serious about investigation of this.
Imagine that..
This is happening all over the world, not just in Galveston.
Where’s the economic boom / job creation in the United States from this save the whales green energy climate change thing we keep hearing about? So far it’s done nothing but cost far more jobs than it’s created.
You can find out quickly by contacting the U.S. Coast Guard about the # of ships lining up off of Galveston. Gary Messmer could you verify this story?