Gas Station "Stock Outs", Drained Reserves, Fuel Rationing, The Real Crisis Is Approaching Fruition

2 years ago
72

There is a major fuel crisis brewing under the surface ready to come to fruition while most people only worry about their gas tank.
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the heads of one of the largest commodity trading houses and the biggest independent oil trader who were speaking at the FT Commodities Global Summit in Lausanne, Switzerland on Tuesday estimated that as much as 3 million barrels of oil and its products a day could be lost as a result of sanctions, in line with previous estimates, and warned that global markets face a squeeze on diesel with Europe most at risk of a “systemic” shortage that could lead to fuel rationing. The lack of access to one of the worlds most important suppliers is not the only reason. supplies have not been replenished and supplies are critically low leading up to shutting down the worlds access to fuel. the scarscould last years and we could see empty pumps before we dream of things getting better.

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