Oil Tumbles On Deal 'Breakthrough' As US-Iran Reportedly Reach MOU,...
• Zero Hedge...Pending Trump's Final Approval
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Oil
U.S. Releases 53 Million Barrels From Strategic Petroleum Reserve Amid Rising Gas Prices
• https://www.activistpost.com, Sterling AshworthThe U.S. Department of Energy (DOE) announced Monday, May 11, that it will loan 53 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) to petroleum companies in an effort to relieve elevated gas and oil prices amid the conflict wi
Why Hasn't Oil Hit $150 (Yet)?
• https://www.zerohedge.com, by Robert RapierGlobal oil inventories and floating storage have acted as temporary shock absorbers against the Hormuz disruption.
Energy Drinks Become Latest Casualty As Fuel Shock Shifts Consumer Behavior
• https://www.zerohedge.com, by Tyler DurdenThe national average price for 87-octane gasoline at the pump has remained above the politically sensitive $4-per-gallon threshold for 57 days and counting, as the U.S.-Iran conflict continues to disrupt energy flows through the Strait of Hormuz chok
China's gasoline demand set for historic plunge as Iran war, EV shift reshape energy landscape
• Activist PostThe Iran conflict and subsequent oil price surge have accelerated a long-term shift away from gasoline vehicles.
European Gas Storage Can't Survive 3 More Months Of Hormuz
• https://www.zerohedge.com, by Alex KimaniEurope risks a major gas storage shortfall if disruptions through the Strait of Hormuz continue for another 1–3 months, with inventories still far below normal seasonal levels.
UAE State Oil Company Head Says Hormuz Bypass Pipeline Nearly 50 Percent Complete
• https://www.zerohedge.com, by Evgenia FilimianovaThe head of the UAE's state oil company said on May 20 that a major new oil pipeline designed to bypass the Strait of Hormuz is nearly 50 percent complete, as regional tensions and competing maritime controls reshape global energy routes.
Japan To Welcome First Crude Cargo Via Hormuz Since War Began
• https://www.zerohedge.com, By Tsvetana ParaskovaA supertanker carrying 2 million barrels of Saudi crude is set to arrive in Japan early next week after clearing the Strait of Hormuz in late April, in the first shipment of Middle East crude to Japan via the chokepoint since the Iran war began on Fe
India Explores Alternative Energy Sources After Oil Supply Shock
• https://www.zerohedge.com, By Tsvetana ParaskovaIndia's Prime Minister Narendra Modi has urged the government to urgently explore an increase in the use of alternative energy sources, including biogas as a substitute for liquefied petroleum gas (LPG), as the Middle East crisis is choking oil and
How Much Time Does Iran Have Before Running Out of Places to Stash Oil?
• https://mishtalk.com, By MishEstimates range from a few days to a few weeks. But is that the right question?
U.S. Crude Inventories Fall 9.1 Million Barrels, Nearly Three Times Larger Than Expected
• https://www.naturalnews.com, Sterling AshworthThe American Petroleum Institute estimated that U.S. crude oil inventories fell by 9.1 million barrels in the week ending May 15, according to a report. Analysts had forecast a draw of 3.4 million barrels, making the decline nearly three times larger
$6Trillion-45,000 Tonne PetroGold Rush Begins!
• Zero HedgeIn this week's Live from the Vault, Andrew Maguire explains how the UAE's exit from OPEC is accelerating the shift away from oil-backed dollar demand, and why he believes gold is the only asset capable of filling that role as the petrodollar weaken
The US Runs Out of Oil by July 4th. Here's What Nobody Is Telling You
• https://rumble.com, Man in AmericaA data-verified warning is now circulating that the United States will hit tank bottoms on oil by July 4th of this year. Europe is already there this month.
Oil Prices Drop, Stock Markets Surge After Trump Says That US and Iran Are in 'Final Stages'
• Gateway Pundit...of Peace Negotiations. About three months into the military confrontation in Iran wrecking the world's economy and sending energy costs skyrocketing, hope is kindled.
Commercial Oil Inventories Are "Depleting Very Fast" And Global Supply Chain Stress Is Spi
• https://theeconomiccollapseblog.com, By MichaelWe are watching a slow-motion train wreck play out right in front of our eyes, and nobody can stop it.
China Will Buy Oil From The U.S.
• Technocracy.News - Patrick WoodWrap your head around this: China is taking its place in the global Technocracy that is being built by Trump and his army of arch-Technocrat billionaires. Trump didn't go to China to beg for mercy, as some have speculated. Instead, he showed them h
Iran Counter-Blockade Bites As No Tankers Load At Kharg For 10th Day
• https://www.zerohedge.com, by Tyler DurdenEarlier today, in response to news that the number of tankers anchored at Iran's Kharg Island oil terminal had hit a post-blockade peak, we wondered if this means that Iran is running out of tankers to store oil, i.e., Trump' blockade of the blockade
Empty Tankers Sail to the US to Load Up on Oil. Is This a Victory?
• https://mishtalk.com, By MishOverseas buyers are depleting domestic oil reserves.
And Now Comes The Motor Oil Shortage! Get It While It's Cheap
• https://www.youtube.com, Uncle Tony's GarageUsing things like explosions and global conflicts as an excuse to gouge the consumer is a tactic as old as time itself, and now the word is getting around that the latest fiasco in a far away land is about to hit the motor oil industry causing shorta
LIVE: Food & Oil Shortages Incoming & the Data Center Military Takeover | Sunday w/ Seth
• https://rumble.com, Man in AmericaUS wheat production just hit its lowest point in over 50 years, motor oil shortages are quietly being warned about, and the military is moving in behind some of the biggest data centers in America, bypassing local votes entirely.
The Petrodollar Is Coming Apart in Real Time. Trump Calls It a Win.
• https://www.crisisinvesting.com, Lau VegysOPEC Is Unraveling--and That's a Problem for the Dollar
YPF launched the largest crude oil export program in Argentina's history...
Donna Hancock...with a massive US$25 billion investment under the new RIGI framework. The megaproject in Vaca Muerta is preparing to flood the global oil market and permanently transform the country's financial future under the government of President Javier Mi
OPEC Fractures, the Draft Returns, and the Age of Consequences Begins
• https://internationalman.com, by Chris MacIntoshLookie here…
UAE Seeks To Double Oil Export Capacity, Bypassing Strait Of Hormuz With Pipeline By 2027
• https://www.alexjoneslive.com, By Sean MillerThe United Arab Emirates is seeking to build an oil pipeline by 2027 which will enable them to bypass the Strait of Hormuz chokepoint and double their export capacity.
SOMETHING IS ROTTEN IN THE STATE OF AMERICA
• https://www.theburningplatform.com, AdministratorOn Sunday morning I was driving to my son's house in the Manayunk section of Philly.
Europe Swaps Russian Gas Dependence for U.S. LNG Reliance as Middle East Turmoil...
• https://gcaptain.com, Malte HumpertEurope Swaps Russian Gas Dependence for U.S. LNG Reliance as Middle East Turmoil Tightens Squeeze
India just called for a COVID-style lockdown, but it's not because of hantavirus
Donna HancockThis time it's because of the global oil crisis tied to the Iran war
The 18 Cent Sop
• Eric Peters AutosTrump - who promised Americans a $5,000 DOGE rebate and that tariffs would replace income taxes (and the IRS) - is now dropping hint that he'll temporarily suspend the 18.4 cent federal gas tax, to reduce the costs imposed by the stupid, evil war h
SOMETHING IS ROTTEN IN THE STATE OF AMERICA
• https://www.theburningplatform.com, AdministratorOn Sunday morning I was driving to my son's house in the Manayunk section of Philly.
An Armed Robbery of the World's Energy Supply
• https://thefreethoughtproject.com,Richard MedhurstA forensic investigation into how Washington leveraged the war in Iran to replace Nord Stream, save the dollar, and establish total command over the world's fuel from the Arctic to the Indian Ocean.
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