Tag Archives: #oil

West Coast Tank Bottoms Fast Approaching

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fuel pumping into car at a gas station

The short sighted clowns in the West (and the East like Japan) thought that the US and Israel would bomb Iran and that the war would be over in short order, so they weren’t concerned about oil prices in the long term. As the war drug on countries like the US and Japan used their strategic reserves to keep oil prices artificially low, once again wrongly believing that the war would end soon.

Now California will hit tank bottoms for jet fuel and diesel by July 4th. Everything runs on diesel. Without it nothing gets to the stores. Food riots will begin within a few days of fuel running out. Everything including the sh*t is going to hit the fan very soon. Prayed up and prepped up, time is almost up!

I found these tweets on Winterwatch.net. I definitely recommend subscribing to them for more updates.

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“Wall Street Has No Concept of the Magnitude of This” — Markets Are Sleepwalking Into an Oil Shock

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Oil refinery with empty storage tanks at dusk and dark storm clouds approaching

Former Goldman Sachs commodities chief Jeff Currie says markets are treating a deepening global oil deficit like a routine price fluctuation, even as inventories rapidly drain toward crisis levels.

“You’re borrowing oil from the future” and Wall Street isn’t forecasting anything:

U.S. distillate inventories have collapsed from 120 days of supply to 102 in just weeks. “You’re going to be out” in days, he says.

Currie mocked banks for simply chasing spot prices higher rather than modeling the implications of shrinking inventories: “That’s a mark to market. They’re not actually forecasting anything.”

He added: “Either they’re being censored or they have no concept of the magnitude of this.”

Trump watches bond yields:

“Notice he always cuts a deal every single time the 10-year hits 4.4%.” Currie argues Trump’s real fear is oil driving inflation and interest rates higher, threatening the U.S. debt market.

The AI Complacency Trap

Some argue oil doesn’t matter because the energy intensity of GDP is falling and hyperscalers are spending toward $1 trillion in AI capex. Currie’s response: “What is the biggest input into AI compute? It’s called oil, energy, diesel, gas. They don’t even ask what the price of AI compute is. They assume it’s zero.”

The US will run out of oil and fuel within 2 months unless something changes. Prayed up and prepped up!

You can support this ministry and keep us on the internet using the links below.  Patreon is gone so now we have PayPal, Cash App and Buy me a Coffee as our online options.  The buy me a coffee link is below.

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