30 oil tankers sitting off the coast of CA with no where to unload, act as floating storage tanks

[Demovictory9]

https://www.nbcboston.com/news/coronavirus/watch-aerial-footage-shows-dozens-of-oil-tankers-that-cant-unload-off-socal-coast/2113300/



Demand for oil has dropped due to stay-at-home orders around the world
Pumps are still extracting from the ground and the oil has to go into storage
Video released by U.S. Coast Guard shows a flotilla of oil tankers anchored off the ports of Los Angeles and Long Beach
The Coast Guard has increased its presence around almost 30 ships that are acting mostly as floating storage tanks for oil
Crude oil is not being used as businesses remain closed and restrictions on travel remain

https://www.dailymail.co.uk/news/article-8255559/Dozens-oil-tankers-float-coast-Southern-California-global-lockdown-sees-demand-plummet.html

[malaise]

1. What could go wrong-Forecasters eye potential Pacific cyclone well before start of hurricane season

https://www.hawaiinewsnow.com/2020/04/24/forecasters-tracking-potential-tropical-depression-east-pacific-well-before-start-hurricane-season/
<snip>
Forecasters are tracking a potential tropical depression in the Eastern Pacific well before the start of hurricane season.

According to the National Hurricane Center, the disturbance is located about 800 miles south-southwest of the southern tip of Mexico's Baja California peninsula.

As of Friday morning, it had an 80% chance of forming into a tropical depression over the next 48 hours. However, by late this weekend, conditions will be less favorable for further development, forecasters said.

It is not expected to impact Hawaii.

The Eastern Pacific hurricane season officially begins May 15, while the Central Pacific hurricane season starts June 1.

[rufus dog]

2. We should be OK

Would be almost unprecedented to come up as far as Long Beach.

[malaise]

3. Truthfully I think this one won't get far

but the Pacific hurricane season starts in two weeks

[Bernardo de La Paz]

4. Accidents waiting to happen. . . . nt

[duforsure]

5. Refineries will be shutting down very soon from the glut

And oil companies are in deep trouble now from this. Some will not recover from this. Oil service and drilling companies are already laying off many people now. trumps desperately trying to do anything now to help putin, because of their economy being so tied to oil. trump will try soon to get oil sanctions lifted for him , and find ways to get the prices up helping putin.

[ProfessorGAC]

6. Oh, Good News!

Now all they need is a few hundred more empty tanker ships and everything will be fine!