With so much over supply oil tankers are over crowding the seas waiting to enter ports. Demand is low so oil companies are losing millions of dollars per day while these ships wait at port and stocks continue to tumble. Only alternative is to file for bankruptcy.
What does that mean for us?
No more gas for our cars
No more diesel fuel for farmers, truck drivers who bring us food
No more ships coming from over seas to deliver supplies we all need and use.
Riots
War
And death
It’s over folks
World Oil Market set to " Shut Down" permanently starting Monday. The world as we know it has come to a end #stocks #exxon #COVID19 #news #breaking #nasdaq #wallstreet #sunoco #oil #money #finance #coffee #monday share and follow pic.twitter.com/qipz8DhptM
— PoisonedPlanet (@PlanetPoisoned) April 27, 2020
AC