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:
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There is only one problem with this photo, the ships/tankers are riding high out of the water. Please note the red hull showing..
Move on along foks. As usual, there is no truth here to be seen and the only action is deception. Shame. Shame.
I seen this this past weekend when I was in Galveston
If you look real close, those ships are empty.
Besides, they are freighters, not tankers! Poor$#%&!@*reporting!
why dont they just put all that damn oil in that big crater hole out there on arizona and when iran nukes saudi arabia we can use it till iran is broke
they want us to use bit con and rupie,..america needs to get back on silver standard beacouse oil is going to be 20 cents a barrel
These are empty. Not loaded.
Those ships are empty. Check the plemsil line, raised bows etc. Somebody is pulling our legs friends.