Oil Shock Is About To Hit America et al

The biggest oil supply chain disruption in history.

Disclaimer

I personally do not advocate any process or procedure contained in any of my 100% human publications. Information presented is not intended to provide legal, lawful, financial or medical advice, diagnosis, treatment, cure, nor prevent any disease. Views expressed are for educational purposes only. I surround, protect, purify and make harmless the following information.

Blockage in the economy’s plumbing system

The effect of this war has sort of been set in motion. We’re looking around and we’re seeing the mountains. The market seems fine and oil is not that much more expensive. But on the horizon, something is coming. What is that something? When is it getting here? I’m trying to understand how bad is the oil shortage right now? Which parts of the world are going to feel it first? What’s happening in the global bond market? And how will this affect the investment markets if at all?

J P Morgan says “The buffer is gone“

We’re basically the last in line to be affected with most deliveries expected to have stopped on April 15th. The final crude cargos reached Texas on April 1st and California on April 8th, which means the buffer that’s been protecting us from feeling this at the gas pump, that buffer is gone.

So the question is, how many more weeks of this can we expect before oil prices react and we actually start to feel it? JP Morgan puts a specific date on when this will happen. The last tanker to clear Hormuz before the closure was February 28th. That ship is expected to reach its final destination around April 20th. That is the moment JP Morgan says pre-closure barrels are fully used up from the global supply chain and after that there’s no more buffer.

Andrei breaks it ‘all’ down

Physical reality soon to be too big to hide

Without prejudice and without recourse
Doreen Agostino
Our Greater Destiny Blog
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