The only way that we were going to avoid a historic oil crisis was if a diplomatic solution could be found to end the war in the Middle East. Obviously that did not happen. The “Memorandum of Understanding” has completely failed and the U.S. and Iran are hitting one another really hard. The Strait of … Continue reading We Are Being Warned That Global Oil Inventories Are “Close To Nothing” As We Plunge Into The Most Severe Oil Crisis In History