UAS Observes the Auto & Crude Bubble Side by Side
Good morning from Baltimore this is Alastair Williamson. Yesterday, SBA’s UAS Operator uncovered a sizable stockpile of Autos and Crude on the outskirts of Baltimore’s Port. To some this may seem large, but this is not.There are countless sites similar to this location scattered throughout Baltimore Port. On a side note, Baltimore’s Port is the Largest US Importer of Autos.
You have to be in the bubble to understand the bubble. How funny auto and crude bubble side-by-side pic.twitter.com/UZYfbyWhN1
— StockBoardAsset (@StockBoardAsset) March 25, 2017
On to Crude Oil where the bubble bursted in the second half of 2014 continues to print record supply in crude inventories. Storage on the rails is very common as the US economy and even the global economy is drowning in supply.