Luke Rudkowski breaks down oil crash

[singular_me]

seems like iran and russia are the targets, throwing more oil onto fire
------------------------

‘In this video Luke Rudkowski breaks down the latest news and developments with the low price of oil, how it happened and most importantly why it happened.’

The Real Reason Oil Is So Cheap And How Rockefeller and Rothschild Are Involved

https://www.youtube.com/watch?v=7KsxT3woFdw

[Shami-Amourae]

Why does Luke's last name echo?

[singular_me]

lets see, a little jewish perhaps???

I have followed him a little at we are change, and he has often denounced the zionists, if not always.

I look at his work only

Book post about Fred Rosenberg, some 3rd reich chief, Id consider this a lot more suspicious because luke is NOT in a position of power, just a independent journalist doing his best.



Why does Luke's last name echo?

[mick silver]

He also refuses to tell his viewers how he gains access to these powerful figures, but instead created a satirical video detailing how it is done.[5] (http://rationalwiki.org/wiki/Luke_Rudkowski#cite_note-4) He has also protested with the Christian conspiracy crank Mark Dice (http://rationalwiki.org/wiki/Mark_Dice), libertarian propagandist Adam Kokesh (http://rationalwiki.org/wiki/Adam_Kokesh),[6] (http://rationalwiki.org/wiki/Luke_Rudkowski#cite_note-5) David Icke (http://rationalwiki.org/wiki/David_Icke)[7] (http://rationalwiki.org/wiki/Luke_Rudkowski#cite_note-6) and Immortal Technique (http://rationalwiki.org/wiki/Immortal_Technique), and has maintained friendships with these individuals. Furthermore, and unsurprisingly, Rudkowski is a climate change denier (http://rationalwiki.org/wiki/Climate_change_denier) and believes that the idea of anthropogenic global warming is being used to justify a one-world government and the elite (http://rationalwiki.org/wiki/Elite)'s use of eugenics (http://rationalwiki.org/wiki/Eugenics).[8] (http://rationalwiki.org/wiki/Luke_Rudkowski#cite_note-7) In short, he should be regarded more as an attention-seeker with a video camera than someone who will actually bring some positive change to the world.[9]


http://rationalwiki.org/wiki/Luke_Rudkowski (http://rationalwiki.org/wiki/Luke_Rudkowski#cite_note-8)

[singular_me]

not need you copy/past Mick... what do you make of fred rosenberg first?

I am always fine with insiders (people with contacts) who help spread data. I am sure that assange and snowden have a lot of contacts that we would all deem suspicious.

you and your friends make me laugh: only from "white sites" is okay.


He also refuses to tell his viewers how he gains access to these powerful figures, but instead created a satirical video detailing how it is done.[5] (http://rationalwiki.org/wiki/Luke_Rudkowski#cite_note-4) He has also protested with the Christian conspiracy crank Mark Dice (http://rationalwiki.org/wiki/Mark_Dice), libertarian propagandist Adam Kokesh (http://rationalwiki.org/wiki/Adam_Kokesh),[6] (http://rationalwiki.org/wiki/Luke_Rudkowski#cite_note-5) David Icke (http://rationalwiki.org/wiki/David_Icke)[7] (http://rationalwiki.org/wiki/Luke_Rudkowski#cite_note-6) and Immortal Technique (http://rationalwiki.org/wiki/Immortal_Technique), and has maintained friendships with these individuals. Furthermore, and unsurprisingly, Rudkowski is a climate change denier (http://rationalwiki.org/wiki/Climate_change_denier) and believes that the idea of anthropogenic global warming is being used to justify a one-world government and the elite (http://rationalwiki.org/wiki/Elite)'s use of eugenics (http://rationalwiki.org/wiki/Eugenics).[8] (http://rationalwiki.org/wiki/Luke_Rudkowski#cite_note-7) In short, he should be regarded more as an attention-seeker with a video camera than someone who will actually bring some positive change to the world.[9] (http://rationalwiki.org/wiki/Luke_Rudkowski#cite_note-8)

[Shami-Amourae]

He also refuses to tell his viewers how he gains access to these powerful figures, but instead created a satirical video detailing how it is done.[5] (http://rationalwiki.org/wiki/Luke_Rudkowski#cite_note-4) He has also protested with the Christian conspiracy crank Mark Dice (http://rationalwiki.org/wiki/Mark_Dice), libertarian propagandist Adam Kokesh (http://rationalwiki.org/wiki/Adam_Kokesh),[6] (http://rationalwiki.org/wiki/Luke_Rudkowski#cite_note-5) David Icke (http://rationalwiki.org/wiki/David_Icke)[7] (http://rationalwiki.org/wiki/Luke_Rudkowski#cite_note-6) and Immortal Technique (http://rationalwiki.org/wiki/Immortal_Technique), and has maintained friendships with these individuals. Furthermore, and unsurprisingly, Rudkowski is a climate change denier (http://rationalwiki.org/wiki/Climate_change_denier) and believes that the idea of anthropogenic global warming is being used to justify a one-world government and the elite (http://rationalwiki.org/wiki/Elite)'s use of eugenics (http://rationalwiki.org/wiki/Eugenics).[8] (http://rationalwiki.org/wiki/Luke_Rudkowski#cite_note-7) In short, he should be regarded more as an attention-seeker with a video camera than someone who will actually bring some positive change to the world.[9] (http://rationalwiki.org/wiki/Luke_Rudkowski#cite_note-8)


Did you read the part in red before you posted that?

The rest though I agree with. I don't get how he gets into the places he does. Who the Hell gets near a Rothschild?

[Shami-Amourae]

lets see, a little jewish perhaps???

I have followed him a little at we are change, and he has often denounced the zionists, if not always.

I look at his work only

Book post about Fred Rosenberg, some 3rd reich chief, Id consider this a lot more suspicious because luke is NOT in a position of power, just a independent journalist doing his best.


This may help:
http://www.dailystormer.com/the-truth-about-the-truth-movement-a-list-of-shills-abridged/



Luke Rudkowski

When not yelling insanely at people on the streets of New York, Jew Luke Rudkowski enjoys smoking pot, playing video games and pretending to be black. Being a pothead and possessing very low intelligence, Jew Luke Rudkowski had few options when trying to figure out ways to undermine his host society. The truth movement once again proved the best outlet for a below-average individual to gain fame and fortune with the least possible effort. This annoying harassment agent has made a career out of yelling crazily at people on the streets, making everyone who tells the truth about anything look as insane as him.


Luke says very little worthy of mention, mainly focusing on chanting baseless slogans taken directly from the incoherent ramblings of Alex Jones. It is highly possible that the likes of David Rockefeller, Henry Kissinger and Ted Turner actually pay this rat to harass them on the streets and make them look like totally reasonable people in the face of his incomprehensible, lunatic ranting about things that only paranoid schizophrenics and terminal potheads are capable of taking seriously. Among other goofy things, this Jew claims to believe that eugenics and population control are the same thing, and that there is a secret group of White satanists who want to implement this policy for no clear reason.


His organization of potheads, Jews and Jewish potheads, “We are Change,” has thus far failed to change anything at all. At least when Obama promised change, he gave people free cellphones.

[Shami-Amourae]

We Are Change (http://www.wearechange.org/)
This site has been closely linked with Alex Jones for nearly a decade now. It is basically for an activist group that promotes the same kosher approved shill talking points you hear on the Jones broadcast.

In the mid 2000s when an increasing number of people were starting to question the official story of the 9/11 attacks, Jones put a great deal of energy in trying to centralize independent 9/11 truth groups into becoming chapters of We Are Change. This made it easier for them to control the 9/11 truth narrative to ensure nothing about Jews or Israel were linked to the attacks.
The most prominent member of We Are Change has been Luke Rudkowski. Rudkowski to this day refuses to mention anything about the Jewish power structure in his alleged activism. Countless videos of him obnoxiously confronting different politicians and power brokers have done nothing to create any sort of change. It may have made him a prominent face in the fake “truth” movement but that’s about all the change that We Are Change has achieved.
http://www.dailystormer.com/wp-content/uploads/2014/10/luke-rudkowski.jpg (http://www.dailystormer.com/wp-content/uploads/2014/10/luke-rudkowski.jpg)

Luke Rudkowski has not done a single piece of activism exposing Jewish power. It should be obvious why. What started out as a promising activist organization seems to have been run directly into the ground on purpose by Rudkowski. There used to be several active We Are Change chapters, but those numbers have dwindled to the point where it is clearly an ineffectual and irrelevant organization. Rudkowski should give up his fake truth activism and find himself a real job [perhaps as a pot dealer or rapper. -Ed.].


http://www.dailystormer.com/an-expose-on-other-alex-jones-style-kosher-approved-fake-truth-sites/

[mick silver]

singmeatone did not read what I posted because she know what I post lead to him being a jew .He also refuses to tell his viewers how he gains access to these powerful figures, but instead created a satirical video detailing how it is done

[JohnQPublic]

Fed is Swapping Zero Interest Rates for Cheap Oil; Turmoil in Markets Result (http://beforeitsnews.com/financial-markets/2016/01/fed-is-swapping-zero-interest-rates-for-cheap-oil-turmoil-in-markets-result-2857864.html)
JohnQPublic
Wednesday, January 20, 2016 8:33

Stock markets are in a panic selling mode as we speak. There are real issues out there, such as China’s economy and plummeting oil prices. Cheap oil is good, right? Well why are the financial pundits complaining about it. I believe it is because the banks are still leveraged up on derivatives, and the rapid change in oil prices could cause them to collapse. Zerohedge (http://beforeitsnews.com/r2/?url=http://www.zerohedge.com/news/2016-01-16/exclusive-dallas-fed-quietly-suspends-energy-mark-market-tells-banks-not-force-shale) has even reported that the Dallas Fed told Banks to suspend mark-to-market for energy loans four days ago. We are told oil is dropping because of lack of demand (China), to punish Russia, Saudi refuses to decrease production, etc.


I would like to propose another reason: The Fed need to raise interest rates. It cannot do that without collapsing the derivatives bubble. Unless, that is it can find a substitute for zero interest rates. Could $10/barrel oil be the ticket? If true, at this point, the first prick in the derivatives bubble has been applied by the Fed, and the corresponding collapse of oil prices is occurring. Is it getting out of control? Can the Fed control this process? Only time will tell.

[singular_me]

give up... I was just watched a well researched video about david bowie being a white suprmacist in the closet, admiring hitler and 3rd reich occultism

when are you going to get real, shami. The background doesnt really matter much as long as you put the data quite honestly (which he does in the OP vid) out for the public to make up its mind. We are change never really took off , luke wanders the world and follows a shamanic path in peru and africa, he doesnt even report as much on politics anymore.

You just think that controlling the flow of data and antagonism is the solution, while it is precisely WHY we are standing on the brink

the OP, video is fine by me and it told me something about oil crunch that I didnt suspect.


This may help:
http://www.dailystormer.com/the-truth-about-the-truth-movement-a-list-of-shills-abridged/



Luke Rudkowski

When not yelling insanely at people on the streets of New York, Jew Luke Rudkowski enjoys smoking pot, playing video games and pretending to be black. Being a pothead and possessing very low intelligence, Jew Luke Rudkowski had few options when trying to figure out ways to undermine his host society. The truth movement once again proved the best outlet for a below-average individual to gain fame and fortune with the least possible effort. This annoying harassment agent has made a career out of yelling crazily at people on the streets, making everyone who tells the truth about anything look as insane as him.


Luke says very little worthy of mention, mainly focusing on chanting baseless slogans taken directly from the incoherent ramblings of Alex Jones. It is highly possible that the likes of David Rockefeller, Henry Kissinger and Ted Turner actually pay this rat to harass them on the streets and make them look like totally reasonable people in the face of his incomprehensible, lunatic ranting about things that only paranoid schizophrenics and terminal potheads are capable of taking seriously. Among other goofy things, this Jew claims to believe that eugenics and population control are the same thing, and that there is a secret group of White satanists who want to implement this policy for no clear reason.


His organization of potheads, Jews and Jewish potheads, “We are Change,” has thus far failed to change anything at all. At least when Obama promised change, he gave people free cellphones.

[mick silver]

why do you post shit like this
We Are Change (http://www.wearechange.org/)
This site has been closely linked with Alex Jones for nearly a decade now. It is basically for an activist group that promotes the same kosher approved shill talking points you hear on the Jones broadcast.

In the mid 2000s when an increasing number of people were starting to question the official story of the 9/11 attacks, Jones put a great deal of energy in trying to centralize independent 9/11 truth groups into becoming chapters of We Are Change. This made it easier for them to control the 9/11 truth narrative to ensure nothing about Jews or Israel were linked to the attacks.
The most prominent member of We Are Change has been Luke Rudkowski. Rudkowski to this day refuses to mention anything about the Jewish power structure in his alleged activism. Countless videos of him obnoxiously confronting different politicians and power brokers have done nothing to create any sort of change. It may have made him a prominent face in the fake “truth” movement but that’s about all the change that We Are Change has achieved.
http://www.dailystormer.com/wp-content/uploads/2014/10/luke-rudkowski.jpg (http://www.dailystormer.com/wp-content/uploads/2014/10/luke-rudkowski.jpg)

Luke Rudkowski has not done a single piece of activism exposing Jewish power. It should be obvious why. What started out as a promising activist organization seems to have been run directly into the ground on purpose by Rudkowski. There used to be several active We Are Change chapters, but those numbers have dwindled to the point where it is clearly an ineffectual and irrelevant organization. Rudkowski should give up his fake truth activism and find himself a real job [perhaps as a pot dealer or rapper. -Ed.].


http://www.dailystormer.com/an-expose-on-other-alex-jones-style-kosher-approved-fake-truth-sites/

[Shami-Amourae]

I saw the video a few days ago and agree with most of it.

David Bowie I don't know anything about, but they were saying he was a closet WN in a recent Daily Shoah podcast, except the fact he dated a Black chick (that was the troll to disprove it.)
https://upload.wikimedia.org/wikipedia/commons/c/c9/Iman_and_David_Bowie_at_the_premiere_of_Moon.jpg


I'm just warning to be weary of Rudkowski. He's just like The Fat Man. There's a "It's the Nazis NWO" narrative that fake Truthers push. I believe these people are employed to derail the real Truth movement.

https://cigpapers.files.wordpress.com/2013/05/pic002.jpg

[mick silver]

It contains a download section consisting mostly of kosher approved “truth” material. Clearly, he wants to be sure that his visitors will not learn anything about the Jewish power structure.

[Shami-Amourae]

why do you post shit like this

Cuz I agree with it.

I rather attack a sacred cow and be hated, than allow a lie to slide and be loved.


The Truth community has a lot of bullshit in it to discredit and lead people down false rabbit holes. I'm telling you someone who is like that.

[mick silver]

I was having fun with you laugh some it never hurts plus I was acting like singmeatune

[singular_me]

I couldnt care less... I learned that the oil crunch is to starve russia and iran AND IT IS ALL WHAT MATTERS, and now it makes lot of sense. Thanks luke.

Did you investigate Fred Rosenberg yet?



singmeatone did not read what I posted because she know what I post lead to him being a jew .He also refuses to tell his viewers how he gains access to these powerful figures, but instead created a satirical video detailing how it is done

[mick silver]

tell me who fred is are did you take the time to look

[singular_me]

I was having fun with you laugh some it never hurts plus I was acting like singmeatune

did you post something exposing the jewish past of fred rosenberg? Ask book, who quoted him as a 3rd reich master race expert.

do you sincerely that you can find ALL the truth in one OP or on 1 and sole website?

[mick silver]

More Bullshit Conspiracy Theories

[singular_me]

yes lets not take anything form granted, thats my motto. I dont take luke, nor alex for granted, rest assured. I am just more inclined to look for a valuable piece of data every where.

nope, I never posted that bowie video on here yet but here it is, actually he wasnt a too much of a closet supremacist as you will see, but it is interesting to see that same esoteric formulas connect all the elites, Hitler included.

SECRET MESSAGES-BOWIE KUBRICK CROWLEY SIRIUS BLACKSTAR-JOSH REEVES
https://www.youtube.com/watch?v=gQR1INkbgg8



I saw the video a few days ago and agree with most of it.

David Bowie I don't know anything about, but they were saying he was a closet WN in a recent Daily Shoah podcast, except the fact he dated a Black chick (that was the troll to disprove it.)
https://upload.wikimedia.org/wikipedia/commons/c/c9/Iman_and_David_Bowie_at_the_premiere_of_Moon.jpg


I'm just warning to be weary of Rudkowski. He's just like The Fat Man. There's a "It's the Nazis NWO" narrative that fake Truthers push. I believe these people are employed to derail the real Truth movement.

https://cigpapers.files.wordpress.com/2013/05/pic002.jpg

[mick silver]

Saudi Foreign Minister Adel al-Jubeir denied allegations that Riyadh intentionally drives down global oil prices by refusing to cut production.

WASHINGTON (Sputnik) – The price of the Organization of the Petroleum Exporting Countries' (OPEC) reference basket of crudes dropped by nearly 5 percent to $23.58 per barrel on Monday, reaching levels not seen since April 28, 2003.
"I want to clarify that the oil prices are determined by the supply and demand in the oil market," Jubeir said in an interview with the CNN broadcaster late Tuesday.
The market oversupply from "overproduction in a number of countries" led to the dramatic price drops seen in 2015 and continuing so far this year, he added.
"You cannot manipulate the market and be able to do so consistently. And so if you let market forces play out, then the equilibrium is set naturally. But if you try to manipulate it one way or another, eventually you overshoot or undershoot and you pay a tremendous price for it," Jubeir stressed.
Brent crude prices plunged from $115 per barrel to $48.5 per barrel between June 2014 and January 2015, hitting the lowest levels in more than a decade in recent weeks. Despite the decline in global prices, OPEC resolved to continue production at the 30 million bpd l



Related:The New Normal: Low But Stable Oil Prices (http://sputniknews.com/world/20160119/1033393674/low-oil-price-normal.html)Oil Market Could Recover Within One Year Of Global Economic Growth (http://sputniknews.com/world/20160119/1033367337/oil-price-market-bahrain.html)Will Russia Save the Day as Oil World Crumbles? (http://sputniknews.com/business/20160119/1033358801/oil-price-worries.html)Japan Wary of Falling Oil Prices Affecting Nat'l Economy - Minister (http://sputniknews.com/business/20160119/1033345112/japan-economy-oil-prices.html)Japan to Resume US Oil Imports After 40-Year Pause (http://sputniknews.com/business/20160119/1033344568/japan-us-oil-imports.html)Oil Production in Mexico Still Profitable Despite Falling Prices - Pemex (http://sputniknews.com/latam/20160119/1033344347/mexico-oil-production-pemex.html)Iran May Replace Russia in Spain Oil Refinery Construction (http://sputniknews.com/world/20160118/1033323663/iran-spain-oil-refinery.html)Take my Oil, Please: The US Crude Blend That Can't Be Given Away (http://sputniknews.com/business/20160118/1033319808/oil-market-revire-dakota.html)

[singular_me]

what you guys dont get is that antagonizing IS a NWO tactic. You will never get a constructive debate. Yes, thanks luke for this "bit" of info that I find extremely valuable.

makes me laugh 3r reich and masonic-talmudism hating each other but still concealing same ancient knowledge. The plot *IS* perfect. That is a master plan.



More Bullshit Conspiracy Theories

[Shami-Amourae]

This think the whole event shows that there is no shortage of oil though.

They can just suddenly have a huge supply of oil and the price of oil can be down multiples.

[mick silver]

http://gold-silver.us/forum/showthread.php?87406-Saudi-Arabia-is-on-the-Brink-of-Regime-Change

[Shami-Amourae]

what you guys dont get is that antagonizing IS a NWO tactic. You will never get a constructive debate. Yes, thanks luke for this "bit" of info that I find extremely valuable.

makes me laugh 3r reich and masonic-talmudism hating each other but still concealing same ancient knowledge. The plot *IS* perfect. That is a master plan.


The Master Plan is to kill all non-Jews.

This includes both you and me.


Related:

https://www.youtube.com/watch?v=DLXKzT-TP5c

[singular_me]

considering the jewish roots of the saudi royals, is the writer at sputnik a jew/zionist?
how much genuine data here?



Saudi Foreign Minister Adel al-Jubeir denied allegations that Riyadh intentionally drives down global oil prices by refusing to cut production.

WASHINGTON (Sputnik) – The price of the Organization of the Petroleum Exporting Countries' (OPEC) reference basket of crudes dropped by nearly 5 percent to $23.58 per barrel on Monday, reaching levels not seen since April 28, 2003.
"I want to clarify that the oil prices are determined by the supply and demand in the oil market," Jubeir said in an interview with the CNN broadcaster late Tuesday.
The market oversupply from "overproduction in a number of countries" led to the dramatic price drops seen in 2015 and continuing so far this year, he added.
"You cannot manipulate the market and be able to do so consistently. And so if you let market forces play out, then the equilibrium is set naturally. But if you try to manipulate it one way or another, eventually you overshoot or undershoot and you pay a tremendous price for it," Jubeir stressed.
Brent crude prices plunged from $115 per barrel to $48.5 per barrel between June 2014 and January 2015, hitting the lowest levels in more than a decade in recent weeks. Despite the decline in global prices, OPEC resolved to continue production at the 30 million bpd l



Related:The New Normal: Low But Stable Oil Prices (http://sputniknews.com/world/20160119/1033393674/low-oil-price-normal.html)Oil Market Could Recover Within One Year Of Global Economic Growth (http://sputniknews.com/world/20160119/1033367337/oil-price-market-bahrain.html)Will Russia Save the Day as Oil World Crumbles? (http://sputniknews.com/business/20160119/1033358801/oil-price-worries.html)Japan Wary of Falling Oil Prices Affecting Nat'l Economy - Minister (http://sputniknews.com/business/20160119/1033345112/japan-economy-oil-prices.html)Japan to Resume US Oil Imports After 40-Year Pause (http://sputniknews.com/business/20160119/1033344568/japan-us-oil-imports.html)Oil Production in Mexico Still Profitable Despite Falling Prices - Pemex (http://sputniknews.com/latam/20160119/1033344347/mexico-oil-production-pemex.html)Iran May Replace Russia in Spain Oil Refinery Construction (http://sputniknews.com/world/20160118/1033323663/iran-spain-oil-refinery.html)Take my Oil, Please: The US Crude Blend That Can't Be Given Away (http://sputniknews.com/business/20160118/1033319808/oil-market-revire-dakota.html)

[mick silver]

God Helps Those Who Help Themselves (http://www.theoccidentalobserver.net/authors/Connelly-WhiteVictimization.html))

[Shami-Amourae]

considering the jewish roots of the saudi royals, is the writer at sputnik a jew/zionist?
how much genuine data here?

I used to cook for some of the Saudi royals for a few months.

They are complete psychopath spoiled children and Jewish as fuck.


They are literally billionaire Jews with turbans.

[mick silver]

http://renegadetribune.com/wp-content/uploads/2015/07/gQGGf2sg.jpg-large.jpg

[mick silver]

Saudi’s Strategic Eastern ProvinceThen, for good measure, throw in the insanely provocative decision by Saudi Defense Minister and de facto king, Prince Mohammed bin Salman, to execute Sheikh Nimr al-Nimr, a Saudi citizen. Al-Nimr, a respected Shi’ite religious leader was charged with terrorism for calling in 2011 for more rights for Saudi Shi’ites. There are approximately 8 million Saudi Muslims loyal to Shi’ite teachings rather that the ultra-strict Wahhabi Sunni strain. His crime was to support protests calling for more rights for the oppressed Shia minority, perhaps some 25% of the Saudi population. The Shi’ite population of Saudis is overwhelmingly concentrated in the Kingdom’s Eastern Province.The Eastern Province of the Kingdom of Saudi Arabia is perhaps the most valuable piece of real estate on the planet, double the area of the Federal Republic of Germany but with a mere 4 million people. Saudi Aramco, the state-owned oil company is based in Dhahran in the Eastern Province.The main Saudi oil and gas fields are mostly in the Eastern Province, onshore and offshore, including the world’s largest oil field, Ghawar. Petroleum from the Saudi fields, including Ghawar, is shipped to dozens of countries from the oil port terminal of the the Ras Tanura complex, the world’s biggest crude oil terminal. Some 80% of the near 10 million barrels of oil a day pumped out by Saudi goes to Ras Tanura in the Persian Gulf where it is loaded on to supertankers bound for the west (http://www.saudiaramco.com/content/dam/Publications/portsterminals/Portof_RasTanura.pdf).The Eastern Province is also home to Saudi Aramco’s Abqaiq Plants facility, their biggest oil processing and crude stabilization facility with a capacity of 7 million barrels per day. It’s the primary oil processing site for Arabian extra light and Arabian light crude oils, and handles crude oil pumped from Ghawar field (http://www.hydrocarbons-technology.com/projects/abqaiq-aramco/).And it also happens that the majority of oil field and refinery blue collar workers in of the Eastern Province are…Shi’ite. They are said also to be sympathetic to the just-executed Shia cleric, Sheikh Nimr al-Nimr. In the late 1980’s the Saudi Hezbollah Al-Hejaz, led several attacks on oil infrastructure and also murdered Saudi diplomats. They were allegedly trained in Iran.And now there is a new destabilizing element to add to the political tensions building between Saudi Arabia and Erdogan’s Turkey on the one side, flanked by servile Arab Gulf Cooperation Council states, and on the other Assad’s Syria, Iraq with a 60% Shi’ite population and neighboring Iran, aided presently militarily by Russia. Reports are that the instable 30-year old Prince bin Salman is about to me named King.On January 13, the Gulf Institute, a Middle East think tank, in an exclusive report, wrote that 80-year old Saudi King Salman Al-Saud plans to abdicate his throne and install his son Mohammed as king. They report that the present King “has been making the rounds visiting his brothers seeking support for the move that will also remove the current crown prince and American favorite, the hardline Mohammed bin Naif, from his positions as the crown prince and the minister of interior. According to sources familiar with the proceedings, Salman told his brothers that the stability of the Saudi monarchy requires a change of the succession from lateral or diagonal lines to a vertical order under which the king hands power to his most eligible son (http://journal-neo.org/2016/01/24/whats-really-going-on-with-oil/%20http://www.gulfinstitute.org/exclusive-saudi-king-to-abdicate-to-son-2/).”On December 3, 2015, the German BND intelligence service leaked a memo to the press warning of the increasing power being acquired by Prince Salman, someone they characterized as unpredictable and emotional. Citing the kingdom’s involvement in Syria, Lebanon, Bahrain, Iraq and Yemen, the BND stated, referring to Prince Salman, “The previous cautious diplomatic stance of older leaders within the royal family is being replaced by a new impulsive policy of intervention (http://www.mintpressnews.com/saudi-arabia-destabilising-arab-world-german-intelligence-warns/211768/).”
Yet oil prices fall?The ominous element in this more than ominous situation revolving around the center of world petroleum and natural gas reserves, the Middle East, is the fact that in the recent weeks oil prices, which had temporarily stabilized at an already low $40 range in December, now have plunged another 25% to around $29, outlook grim. Citigroup has forecast $20 oil is possible. Goldman Sachs recently came out saying that it may take lows of $20 a barrel to restabilize world oil markets and get rid of the glut of supply (http://journal-neo.org/2016/01/24/whats-really-going-on-with-oil/2016,%20http://www.bloomberg.com/news/articles/2016-01-12/-20-oil-no-longer-mirage-as-world-confronts-price-at-12-year-low).Now I have a strong gut feeling that there is something very big, very dramatic building in world oil markets over the coming several months, something most of the world doesn’t expect.The last time Goldman Sachs and their Wall Street cronies made a dramatic prediction in oil prices was in summer 2008. At that time, amid the growing pressures on Wall Street banks of the spreading US sub-prime real estate meltdown, just before the Lehman Brothers collapse of September that year, Goldman Sachs wrote that oil was headed for $200 a barrel. It had just hit a high of $147. At that time I wrote an analysis saying just the opposite was likely, based on the fact that there was a huge oversupply in world oil markets that curiously, was only being identified by Lehman Brothers. I was told by an informed Chinese source that Wall Street banks like JP Morgan Chase were hyping the $200 price to convince Air China and other big China state oil buyers to buy every drop of oil at $147 it could before it hit $200, an advice that fed the rising price.Then by December, 2008 the Brent benchmark oil price was down to $47 a barrel. The Lehman Crisis, a deliberate political decision of US Treasury Secretary a former Goldman Sachs chairman, Henry Paulsen, in September 2008, plunged the world into financial crisis and deep recession in the meantime. Did Paulsen’s cronies at Goldman Sachs and other key Wall Street mega-banks such as Citigroup or JP Morgan Chase know in advance that Paulsen was planning the Lehman crisis to force Congress to give him carte blanche bailout powers with the unprecedented TARP funds of $700 billion? In the event, Goldman Sachs and friends reportedly made a gigantic profit betting against their own $200 predictions using leveraged derivatives in oil futures.
Killing the shale oil ‘cowboys’ firstToday the US shale oil industry, the largest source of risíng US oil output since 2009 or so, is hanging by its fingernails on the edge of a cliff of massive bankruptcies. In recent months shale oil production has barely begun to decline, some 93,000 barrels in November, 2015.
The Big Oil cartel–ExxonMobil, Chevron, BP and Shell–began dumping their shale leases onto the market two years ago. The shale oil industry in the US today is dominated by what BP or Exxon refer to as “the cowboys,” mid-sized aggressive oil companies, not the majors. Wall Street banks like JP Morgan Chase or Citigroup who historically finance Big Oil, as well as Big Oil itself, clearly would shed no tears at this point were the shale boom to bust, leaving them again in control of the world’s most important market. The financial institutions who lent hundreds of billions of dollars to the shale “cowboys” in the past five years have their next semi-annual loan review in April. With prices hovering at or near the $20 range, we can expect a new, far more serious wave of actual shale oil company bankruptcies. Unconventional oil, including Canada’s huge Alberta Tar Sands oil will soon be a thing of the past, if so.That alone will not restore oil to the $70-90 levels that the big oil industry players and their Wall Street banks would find comfortable. The glut coming out of the Middle East from Saudi Arabia and her Gulf Arab allies has to be dramatically cut. Yet Saudis show no sign of doing so. This is what disturbs me about the entire picture.Is something very ugly brewing in the Persian Gulf that will dramatically push oil prices up later this year? Is a real shooting war between Shi’ite and Saudi Wahhabi oil states brewing? Until now it has been a proxy war in Syria primarily. Since the execution of the Shi’ite cleric and Iranian storming of the Saudi Embassy in Teheran, leading to a break in diplomatic ties by Saudi and other Sunni Gulf Arab states, the confrontation has become far more direct. Dr. Hossein Askari, former adviser to the Saudi Finance Ministry, stated, “If there is a war confronting Iran and Saudi Arabia, oil could overnight go to above $250, but decline back down to the $100 level. If they attack each other’s loading facilities, then we could see oil spike to over $500 and stay around there for some time depending on the extent of the damage (http://www.oilandgas360.com/iran-vs-saudi-arabia-if-current-actions-escalate-to-war-what-happens-to-oil-prices/).”Everything tells me that the world is in for another big oil shock. It seems it’s almost always about oil. As Henry Kissinger reportedly said back during another oil shock in the mid-1970’s when Europe and the US faced an OPEC oil embargo and long lines at the gas pumps, “If you control the oil, you control entire nations.” That obsession with control is rapidly destroying our civilization. It’s time to focus on peace and development, not on competing to be the biggest oil mogul on the planet.F. William Engdahl is strategic risk consultant and lecturer, he holds a degree in politics from Princeton University and is a best-selling author on oil and geopolitics, exclusively for the online magazine “New Eastern Outlook” (http://journal-neo.org/). 14

First appeared: http://journal-neo.org/2016/01/24/whats-really-going-on-with-oil/

[mick silver]

Will OPEC Be Able to Make Oil Precious Again?© Flickr/ Justin Vidamo (https://flic.kr/p/9hpfwK)



Business (http://sputniknews.com/business/)20:02 24.01.2016Get short URL
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OPEC has announced it would hold an emergency session due to falling prices in the global oil market. The participants will discuss countering the poor market conditions.
The Organization of the Petroleum Exporting Countries (OPEC) may hold an emergency session in March, Nigerian Minister of State for Petroleum Emmanuel Ibe Kachikwu said recently. According to him, with oil below $35 a barrel, oil producers have enough reasons to be worried.
On January 20, Venezuela sent letter to the OPEC members, urging them to meet and discuss further steps regarding cheap oil. Now, Caracas is waiting for reactions from OPEC as an emergency meeting requires a unanimous decision. According to Kachikwu, Saudi Arabia, the key player in the cartel, approved the idea.

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Iran Petroleum Minister: Emergency OPEC Meeting Risks Hurting Oil Market (http://sputniknews.com/business/20160123/1033594957/iran-fears-opec-meeting.html)

Now these are dark times for oil producers. According to an outlook by the International Monetary Fund (IMF), the global economy will grow 3.4 percent in 2016. Earlier, the IMF predicted a global growth of 3.6 percent. China, the world’s biggest oil consumer, is slowing down, with an expected growth of 6.3 percent this year. In 2015, the Chinese economy grew 6.9 percent, a record low since 1990.The slower the global economy grows the lower demand is for energy resources. Another factor is the energy market glut. According to various estimates, the oversupply in the market reaches 1.5 million barrels a day. In December, the US lifted a 40-year ban on oil exports and already began delivering oil to Europe.
The implementation of the Iranian nuclear deal recently resulted in the removal of Western sanctions against Tehran, and the country has already made its first oil sale to Greece. Iran is planning to increase daily output by 500,000 barrels as well as export volumes.
All of the above drove Brent benchmark crude below $28 a barrel on January 21. The price of the OPEC oil basket (comprising 13 crude grades) hit a record low of $22.48 a barrel.
Kachikwu underscored that the meeting may take place in the beginning of March. The participants will discuss coordination on decreasing oil output. As long as oil was above $30 a barrel OPEC signaled it would not decrease output. For example, Saudi Arabia refused to decrease output, saying US, Russian and Brazilian campaign will take away its market share.

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Black Gold's Not-Too-Distant Future: Is Another 'Big Oil Shock' Looming? (http://sputniknews.com/business/20160124/1033632444/oil-prices-middle-east.html)

The problem is that OPEC has only one mechanism – production quotas — to influence oil stock prices. Until recently they were 30 million barrels a day. On December 4, 2015, it was reported that quotas had been raised to 31.5 million. The news drove oil prices down. However, later Kachikwu said output would stay the same, not above the quotas.Another difference is that OPEC members have different views on output levels. Saudi Arabia, which produces 10 million barrels a day, has not yet shown it is ready for compromise.
Venezuela is one of the countries that has been hit most by the falling oil prices. Its budget almost entirely depends on oil revenue. From September 2014 to September 2015, inflation reached 141.5 percent. In the third quarter of 2015, the country’s GDP dropped by 7.1 percent.
On the other hand, Saudi Arabia is also suffering from falling oil revenue. The kingdom ended 2015 with a record deficit of $98 billion. According to the IMF, its budget can be balanced only if oil is $106.
"Decreasing output even by two million barrels a day would end the oversupplying in the market, and then would drive prices up," Alexander Kurdin, an expert of the Analytic Center of the Russian government, told Lenta.ru.
"However, in the current situation the market reaction to changes in quotas cannot be predicted. It depends on expectations for OPEC moves as well as the developments in China," Dmitry Dzyuba, manager of Moscow oil and gas center EY, was quoted as saying in the article.
The policy OPEC is currently pursuing is passive. It is producing and selling oil and carefully watching the dynamics of prices. As global rivalry is tough, no producers can afford decreasing output because their market shares will immediately be captured by rivals. This is why oil-dependent nations, like Saudi Arabia, are trying to enter new regions or give discounts to their customers.
For over thirty years, OPEC used quotas to regulate prices during crises. In December 2008, as stocks tumbled, production quotas were decreased by 4.2 million barrels a day, and since then OPEC has abandoned regulating the market.





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[Jewboo]

David Bowie I don't know anything about, but they were saying he was a closet WN in a recent Daily Shoah podcast, except the fact he dated a Black chick (that was the troll to disprove it.)



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Mrs. Bowie is black



give up... I was just watched a well researched video about david bowie being a white suprmacist in the closet, admiring hitler and 3rd reich occultism



:rolleyes:

[cheka.]

the oil game, for many decades is ALL ABOUT PRODUCTION SUPPRESSION

true scarcity has no need for a cartel cartels are to create ARTIFICIAL scarcity

saddam was killed for repeated violating HIS QUOTA

quotas are assigned from nyc.opec

oil manipulation axis is nyc.opec

huge swaths of US are OFF LIMITS to producing oil

bp well should have shown everybody that oil IS NOT FOSSIL FUEL

any/all oil fights are about people fucking with nyc.opec's oil production/manipulation suppression scheme