Enjoy my Music and Get to Know a Little About Me.
In the winter months in the Northern Hemisphere, there is noticeably less demand for gasoline, and noticeably higher demand for diesel fuel.
Keep your eye on diesel. That’s going into a crisis first. And when that happens, the crisis will spread everywhere.
Diesel powers the world.
More on Saudi Arabia:
The attacks on the global energy infrastructure continue unabated.
I included the lines “What if October brings cold and wind? What if the shortages finally begin?” in my song “Why Weren’t We Warned“.
In the past couple of days I have made posts about the shortages actually beginning. See here and here.
From the chorus: “The warnings are here, They’re ours to behold.”
Here is another warning to behold:
I wrote “Why Weren’t We Warned” from the point of view of the average American. The political “leaders” (both parties) are always proclaiming that everything will be fine. The mainstream media and the politicians haven’t been telling the truth about the rapidly worsening energy crisis. The crisis is kept hidden. The lies in control.
And the average American continues to pay the price, with literally no clue as to the severity of the crisis that is about to unfold.
Why weren’t they warned?
The oil exporting ability of Saudi Arabia has been greatly diminished.
Hal Turner reports:
“That East-West Pipeline was blown up last week. At least one, and perhaps two pumping stations along that pipeline, were completely destroyed, causing Saudi Arabia to shut it down, and thereby shut down up to 7 million barrels of oil, as well as some natural gas, per day.”
You can read the full story here:
Early in the fist verse of my song, “Why Weren’t We Warned” you’ll find these two lines:
“Like Venezuela, just a few short days,
The President smiled, as missiles blaze”
That was the official story at the start of the war. Here’s a clip:
And the war went beyond his statement that it would be over in just a few short weeks.
The goalposts were moved from just a couple of weeks to “over in mid summer.” Remember him claiming that Iran was begging for a deal? Was that really true?
“But the truth was kept hidden,
The lies in control.
The crisis kept building”
Here’s a post on x.com from today that revisits what was said this this summer when the “news kept talking about a deal” (a line from verse 2) and the President, his top advisors and all the mainstream media were talking about an “Oil glut“:
“The crisis kept building.”
And now, here we are in the second week of September and the goalposts have been moved again. The President is currently saying that the Iran war will end after the election and gas prices will come down then:
Anyone want to bet that after the election, the goalposts will be moved again?
“Signs, signs, everywhere are signs.” Oh wait! That’s not my song, lol. Try this instead:
“The warnings are here,
They’re ours to behold”
Yes, that’s my song. And here are more signs/warnings:
Yesterday I published a blog post that highlighted the fact that Costco has begun to limit motor oil sales. Customers will be limited to 2 quarts per week.
You might be thinking “So what?” Followed by “I’ll buy 2 quarts this week, 2 the week after, and 2 the week after that. Then I’ll have enough for an oil change.”
While that thought process on its face is accurate, it misses the point:
Just a little reminder of where prices are headed. Martin Armstrong, who has an excellent track record that he credits to the financial forecasting ability of the AI of his own creation, has stated that his “base case” (not worst-case!) for the oil price in 2027 is $200 per barrel before the end of the year.
That equates to $8.00 or more per gallon for the retail price of gasoline.
Don’t panic. It gets worse.
I believe the oil price next year will at minimum test the inflation-adjusted all time high:
Reaching $224 per barrel equates to almost $9.00 per gallon.
Think that’s not going to happen?
To paraphrase a line from the movie Titanic, “It can and it will.”