[mysterio]

If it were a glut, why would they sell it? They'll just hang onto it and keep buying until the price is driven up.

This is designed to screw us at the pump after we saved their company from its OWN bad business decisions.

[listenhillary]

Lots of idled tankers, look for that situation to change. If many jump on this trend, I would think that it would cause a glut.

FTA
Traders have hired tankers to store at least 15 million barrels of North Sea oil, according to the median estimate of six North Sea traders and analysts surveyed this week. As many as 80 million barrels of crude are being stored at sea globally, Frontline Ltd., the largest owner of supertankers, said yesterday

[cripplecreek]

It’s like being mugged. The mugger then goes out and buys up something we need, waits till we need it bad and then sells it to us at a higher price. Then expects us to be thankfull.