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:
The ships are sitting to high in the water. Better rethink this.
That’s GREAT! As long as they don’t start dumping it!
They have been parked for nearly a year waiting for the price of oil to return uowards. It is cheap storage for the owners but it poses a hazard for traffic with the great risk of another environmental disaster in the Gulf!
Are you sure all of the ships only have oil in them????? Trojan horse?
THIS IS NOTHING NEW!!! They have been doing this since the late 70’s off the straits of Hormuz. Our radar screens were FULL of these reflections.
Chance Murphy
I live a 1/4 mile from a Mobil refinery and there is a Mobil gas station on the corner of the property and it is the most expensive in the entire town go figure still 2.89$
still say if we can put a man onthe moon and bring him back, we should be able to p**s in our gas tanks to make them move
This happens off Jones beach LI NY all the time.
this site cracks me ! lol Where do you get your info, the National Enquirer or the Star? Do you dream this$#%&!@*up? Surprised you didn’t blame Obama. Everything is his fault you know. DUH!