Posts tagged ‘mark shryock’
8 Weeks to Empty Shelves?
Regarding the lack of oil into this country, he notes, “We are no longer in a price crisis. We are entering a physical shortage. A point where fuel stops being available at any price because there is none left to sell.” Of course, if he is correct and nothing changes to correct this problem, then we will see shortages and continued price hikes. He warns we are fast approaching a time that oil industry people refer to as “tank bottom,” which ostensibly means that it isn’t just low oil reserves. What it means is that the remaining oil in tanks cannot be retrieved because there is not enough pressure inside the tank to retrieve the oil. He says that the USA will experience this around July 4th.
