No fooling, if you are in Orange or Vidor, or Beaumont or someplace where the fuel is a little cheaper this weekend, you might want to "fill-up" your vehicle.
Our national news is not going wall-to wall coverage, but the situation in the Persian Gulf is getting " hot."
In the last couple of days, the Iranians have seized control of oil tankers going through the Straits of Hormuz. Which, is the major artery from the oil fields in Saudi Arabia, Kuwait, etc, into the world's market.
One of oil tankers was British flagged.
I know Jeremy Hunt, the British Foreign Minister said, " We will seek a diplomatic solution first." BUT, that is what the British said about the Falkland Islands when they were seized by Argentina in the 80s.
Next thing you know, the British Navy had set sail from Southampton with Royal Marines and the British Army Airborne troops. ( The British have already sent warships towards the region)
I am not going to shocked if British SAS( Special Air Service, their commandos) don't try and capture the tanker back...
This entire mess has started because the British captured an Iranian tanker carrying an illegal shipment of oil to Syria a couple of weeks back....This occurred in the Mediterranean, off the British territory of Gibraltar.)
( British Air has cancelled flights to Cairo , Egypt because of the situation...makes you wonder what intelligence they have?)
Oil prices rose some at the end of last week, and when the markets open on Monday, the price of oil will jump.
You may say, " Well, I work in the oil industry, that's good."
Well, it isn't, if the entire world's economy is ruined, including America's. The world's economy's ruined, and there won't be a need for that much oil.....
Don't panic, but you might want to "make sure" you have fuel before the gas/diesel prices in correlation to the jump in the price of oil...
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