Exxon warns oil inventories will hit dangerously low levels in weeks...

…forcing prices to shoot higher

Excerpt from CNBC:

“We’re approaching unheard of inventory levels,” said Exxon Senior Vice President Neil Chapman at a conference hosted by Bernstein in New York.

“I mean really, really low levels,” Chapman warned. “You can debate whether that’s going to hit, those really low levels, in two weeks or three weeks. Once you get to that point, then you’ll see price shoot up.”

…The IEA [International Energy Agency] warned earlier this month that inventories are being depleted at a record pace.

Well, let’s look at that article, also from CNBC:

Oil price spike turmoil far from over

Excerpt:

“More than ten weeks after the war in the Middle East began, mounting supply losses from the Strait of Hormuz are depleting global oil inventories at a record pace,” the IEA wrote. 

…“The petrochemical and aviation sectors are currently most affected, but higher prices, a weaker economic environment and demand-saving measures will increasingly impact fuel use. 

…“That this is the largest oil supply disruption in the history of the oil market is neither an exaggeration nor controversial,” Martijn Rats, commodities strategist at Morgan Stanley, told clients in a Monday note.

Don’t believe the propaganda that there is no oil problem in America, you are being lied to! Continue to prepare for general inflation and supply disruption. That means: STOCK UP NOW.

Cutting Through the Propaganda, Part 2

Clayton & Natali Morris Interview Chris Martenson

This is a 20 minute video, also featuring Peak Prosperity’s Chris Martenson.

I met Chris and his wife twice at Peak’s Annual Summit in New England. What an amazing group of people this event attracts. Chris and Evie were very gracious and I have developed a wonderful rapport with them. I sent them an Easter Mass card this year (they aren’t even Catholic) and they wrote back a handwritten “thank you” note, which was completely unexpected.

I have learned so much from Chris over the years and it is because of him that I threw myself into gardening 15 years ago (I had some experience, but this is when I got really serious), which led to teaching my son gardening (he’s better than me now) and also myself taking the Cornell Master Gardener Course…and other adventures. At that time, I had already started my first version of this blog, “futurecatholic.net,” 2 years earlier.

Mr. & Mrs. Morris interview Chris on their well-known show “Redacted,” about the Iran War and its fallout. The oil supply of the US is discussed…it’s not as much as you’ve been told…and we are in the process of actively depleting our strategic reserve.

As always, don’t worry, trust in God and do the best you can with what you have been given. Always be at peace. Always be joyful, as you receive Our Blessed Lord each week in Holy Communion. Pray the Rosary and seek to fulfill Our Lady of Fatima’s requests to mitigate this time of sorrows and bring souls back to Our Lord and Savior Jesus Christ and His Holy Church. We live for Heaven. Anything that happens on earth will look like a mere moment within eternity!

Cutting Through the Propaganda...

Mario Nawfal Interviews Chris Martenson

Here is a 13 minute video that explains the polycrises unfolding globally at this time. The USA is not immune to the results of it’s own actions in a war which probably does not meet the criteria for defensive attack taught by Holy Church. Furthermore, the USA and Israel had no right to visit such chaos and very potentially, famine, upon the world, due to lack of critical supply. Even furthermore, it is arguable that crimes against humanity/war crimes have been committed by America and Israel in Iran and Lebanon.

I am very impressed by this young man, Mario Nawfal, who has made a name for himself in alternative media. This is part of a longer interview with my friend Chris Martenson. Chris has been all over the alt media recently giving his expertise in economy and energy, which are precisely the issues before us.

The time is short. Act now to prepare, stocking up on supplies is most important right now…while things are still available and affordable…and while you still have the gas to get to the stores. A perfect storm is brewing of many things exploding at once. Do the math yourself, this isn’t rocket science. All the experts across the board are now saying the same things. The person on the street though, hasn’t seemed to have gotten the memo, BUT YOU HAVE!

…And don’t forget about our Preparedness Worksheet on the Home page:)

PS We are showing all the signs of a dying empire, we are at the end of a great historical cycle…

“The bigger they are, the harder they fall.”

“Pride cometh before a fall.”

Economic & Supply Concerns, Concisely Explained....

I have to say, this video is excellent. It shows a comprehensive view of where we are and where we may be going. Complete with informative pie charts, have a look (18 minutes, but you can stop at 15:30, well worth your time!)…

Joe Blogs ~ Panic Spreads

From the notes:

“In today’s video, we take a deep dive into the growing economic fallout from the ongoing war in Iran — and this time the warnings are coming directly from major global companies. Quarterly earnings reports and shareholder updates are now revealing the real-world impact of soaring oil prices, supply chain disruption, rising shipping costs, inflation pressures, and operational chaos across multiple industries.

Airlines, automotive firms, chemical companies, consumer brands, logistics businesses and tech companies are all now reporting financial damage linked to the crisis in the Middle East. With oil prices remaining above $100 and no clear resolution in sight, the risks to the global economy continue to grow.

The big question now is whether this escalating situation could push the world towards recession.”

“Coming Food Crisis”...

…Predicted in Financial Times Essay (UK)

From Hunger Notes, excerpt…

The contraction in exports from the Middle East is not just a short-term increase in price for agricutural inputs; it risks actual production shortfalls in upcoming harvests.  Rising energy prices always raise food prices.

…sulfur, urrea, and ammonia from the Middle East are key components of farm inputs in China, India, Brazil, Morocco, Indonesia, Australia, the United States and other countries.

…The essay argues that this is a slow-moving yet systemic crisis as farmers plant less now, with resulting smaller harvests months ahead, leading to further increases in food prices later this year.  FT recognizes that poor countries will be hit harvest [hardest? both words work].  While wealthier countries will experience inflation, low income countries may face famine.

Well Said by Lieutenant Colonel Daniel Davis...

This is a very comprehensive explanation of what’s going on, what’s on the horizon and what the US should do…

US/Israel v Iran War Has Already Become a “World” War