$220 per barrel of oil equals $8+ per gallon of gasoline! (in the U.S.)
The video below was produced before the current (Jan/Feb 2011) mid-East turmoil ...in Egypt, Yemen, Tunisia, Lebanon, etc.
I only post the video for its description of a possible "worse case?" energy crisis scenario not for the purpose of promoting Mr. King's financial advice service of which I am not familiar.
It concerns me that the current leader of the 'Executive Branch' of our government has been closing down or restricting new domestic oil and coal development and selling our uranium ore to foreign entities, e.g. Russia all the while giving "lip service" and bowing to leaders among the "keywords" listed below which appear to be who are really driving our current government's energy policy.
Other questionable actions: closing or redesignating public lands in order to limit or ban mining or drilling, forcing oil wells to be capped in the Gulf, limiting new offshore exploration & drilling by U.S. companies, limiting new mainland & Alaska drilling, while, at the same time, keeping mum on our 'strategic oil reserves' status ...yet o'who? is funding foreign governments' oil exploration & production even in U.S. waters!!! These energy actions beg for explanations. -- rfh
linked from: http://www.agorafinancial.com/reports/OST/NewWar/vp/OST_NewWar_vp.php
http://agorafinancial.com/reports/OST/NewWar/OST_NewWar2010AR_1p.php
The destruction of Babylon, the new war that could rocket oil prices to $220 per barrel.
Speaker on subject: Byron King, a Geologist and worked for a major international oil company.
video source: http://www.youtube.com/watch?v=u-RpYyZs5n4
reposted from: YouTube post by YahwehsShofar on December 31, 2010, keywords: Oil Wars, oil, Chokepoints, Mystery Babylon, Muslim, Suni Muslim, Shia Muslim, Islam, Jihad, Saudi Arabia, Mecca, Gate of Tears, Strait of Hormuz, OPEC crisis, Iranian Revolution, River Euphartes, Egypt, Jordan, Turkey, Persian Empire, Pakistan, Afghanistan, Azerbaijan, North Africa, Dubai, United Arab Emirates, Hezbllah, Medes, rams horn, Ararat, Israel, Iran, Lebanon, Iraq, Syria, Minni, Ashkenaz, Sixth trumpet, Bible Prophecy
related: Gas Prices, Diesel Prices, Alternative Fuel, Gasoline Prices, Diesel Fuel, Gas Economy http://www.harrold.org/links/gas.html
No comments:
Post a Comment
Please, avoid posting advertisements. Content comments are welcomed, including anonymous. Posts with profanity will not be published.