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:
They are empty and are waiting to pick up our Texas sweet crude from FRACKING to take to the market
Those are all empty.
These ships are empty. Look at the water line.
I live in Houston and i can get pictures easily. But thats not why they do this. Its because they are sitting in order to raise the price of oil. They will sit on the oil until the price is driven up. Its not the first time this has happened nor will it be the last.
Are we exporting gasoline again
So, my shipping stocks that have “tanked”, are now making money on storage fees. 🙂
If one studies politics and the stock market, the fact is, Saudi Arabia is behind the over-production, the U.S. keeps importing, and until recently, could not EXPORT oil. The market IS being manipulated and it affects the world economy in a big way. Especially the U.S.!!
I have personally seen alot of these ships along with cruise ships etc, waiting to get into the galveston channel. Most of these pictures are ships that are empty. There are alot of Ports for them to go through, why not Beaumont, Port Arthur etc. The flux of travel through here is what the hold up is
They are really hiding the true assassins of JFK
And just like Rick Nock said. Also Houston is the Busiest Port in the World.