Kartorbust
Inmate #627
There's one Casey's gas station that keeps raising and lowering it's prices. One day it's $2.99 and the next it's $3.09 per gallon, then stays like that for a couple days.
Approximately 40% of global GTL Group 3 base oil production is offline as of 3 weeks ago due to the ongoing situation in the Middle East.
This is a critical component of almost every modern motor oil, transmission fluid, PSF fluid, industrial lubricant, etc on the market.
Our last shipment of GTL Group 3 base oil comes in April 7th. The blended products will start to go out the end of that week and the earliest wind-down of retail stock availability for products already in a production freeze is expected to start April 14th.
The price of fuel will instantly increase at the slightest indication that global supply may be affected by the wind changing direction.
Hey Hellion,Sure, oil will stabilize and our stocks will replenish eventually (one would hope) but we may see some shortages and scarcity:
Storage tanks are at their operational bottom. NO RESERVES AVAILABLE.
I warned all of you . . . . Today, it happened . . . .
ZeroHedge made the report at 10:49 AM eastern time, today:halturnerradioshow.com
Did you know an oil tanker coming from the Middle East takes 55 days to arrive at the East Coast? It’s less time for the West Coast and the Gulf Coast. What’s their maximum speed, 10 knots?
