Sunday, December 21, 2014

Saudi OIL MINISTERS announce NO CUTS to OIL OUTPUT

How low will CRUDE OIL go?


 
Saudi Oil Minister Ali Al-Naimi DECLARES PRICE WAR

The world is now entering a complicated system of electronic economic trading warfare and this is only the beginning.  Recently former Assistant Treasury Secretary Dr. Paul Craig Roberts indicated since we don't have free markets and market are all manipulated by world banks and governments then we no longer have economics.  I'm wondering why the prices at the pumps don't continue to fall for the consumer as they seem to have bottomed out here for now:

http://www.investing.com/news/commodities-news/saudi-arabia-says-won%27t-cut-oil-output-even-if-non-opec-nations-do-321098 

...developing...