The price of oil has been trending slightly higher lately, taking the price of gasoline up with it (search my blog for "rule of thumb" if you don't know why they are related).
What you didn't know is that the world's capacity for storing unprocessed oil (excess inventory) is approaching chock-a-block FULL.
When there is nowhere else to store the oil above ground, they will store it in tankers.
When the tankers are full, they will (largely) stop pumping the oil. There will, very soon, be a glut of oil on the world's markets. The price will fall accordingly. Put your Sale order in now, speculator.
This is (again, like every other result of a Depression), good news if you can keep your job. Gasoline (and everything) else is about to get still cheaper.
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