Tip courtesy of Jim Stone.
-NW

Gabriel’s Horn
@Gabriels_Horn
https://gab.com/Gabriels_Horn/posts/108436470143756156

This is from a highly respected AIMCat who wrote:

"Thought I'd pass along the following boots on the ground information concerning US oil supply. I just finished speaking with a friend and neighbor of mine who is a tug boat captain who runs oil along the west coast. He works three weeks on and three weeks off and has been at sea for a many years. He is very highly experienced and his tug is cutting edge. (Don't want to give too much info about him).

This week, he was due to unload his oil in Long Beach but mid morning Tuesday, he was told to turn around and anchor in a big bay because there was no storage available to unload. He said tankers are stacked up with the same problem, the storage tanks are FULL of oil. I asked him how the supply levels were compared to 4-5 years ago and he said the same, full. He also said that they are pumping the hell out of oil in Alaska and there is a ton coming in from overseas.

My friend also stated emphatically that he is no communist but the profits being generated by these fuel prices is outrageous and in his opinion, the high prices are a scam. He is shipping the same amount of oil he has shipped for years! His evidence is that there is no oil shortage."