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!