America’s oil supply has fallen to its lowest level in 40 years, and one former CIA Insider says we are headed for a national shortage.
Jim Rickards says the Biden Administration has released tens of millions of barrels recently, and now our oil stockpiles have reached its lowest level since President Reagan was in office.
To make matters much worse, OPEC is cutting their production quotas, tightening oil supply even more.
And the Russia/Ukraine War is putting stress on energy prices across the board. When the Nord Stream Pipeline was attacked, natural gas prices soared 20% within 48 hours.
Jim Rickards has created war simulations for the Pentagon and advised the CIA. He is convinced America is on track for an historical fuel crisis, which will see some businesses going bankrupt, while certain oil stocks will soar to new highs.
“This is an opportunity to get in on the ground floor of a once-in-a-generation oil boom,” Jim said.
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