Replies to post #63 on All Things Energy

[Pro-Life]

Something Strange Is Taking Place In The Middle Of The Atlantic Ocean
Submitted by Tyler Durden on 12/16/2015 23:55 -0500

http://www.zerohedge.com/news/2015-12-16/something-strange-taking-place-middle-atlantic-ocean

Early last month, we noted that something very strange was happening off the coast of Galveston, Texas.

As FT reported, "the amount of oil [now] at sea is at least double the levels of earlier this year and is equivalent to more than a day of global oil supply.” In short: the global deflationary crude supply glut is beginning to manifest itself in a flotilla of stationary supertankers, as millions of barrels of oil are simply stuck in the ocean as VLCCs wait to unload.

There is much more and charts, as well, at the link above...