*****THE LARGEST OIL BATTLE IN WORLD HISTORY*****
WORLD OIL WAR
WORLD OIL WAR
Now OPEC wants CRUDE OIL above $70 in 2015
T. Boone Pickens gets angry on CNBC.
Pickens said, "...the world got along just fine on $100 oil..."
OIL COMPANIES FEAR BANKRUPTCY
CRUDE OIL needs to be above $70 to avoid bankruptcies
Dennis Gartman warns of OIL COMPANY bankruptcies
Major conflict is developing worldwide over this...
This may lead to one of the most INCREDIBLE BAILOUTS for BIG OIL COMPANIES in world history...
T. Boone Pickens gets angry on CNBC.
Pickens said, "...the world got along just fine on $100 oil..."
OIL COMPANIES FEAR BANKRUPTCY
CRUDE OIL needs to be above $70 to avoid bankruptcies
Dennis Gartman warns of OIL COMPANY bankruptcies
Major conflict is developing worldwide over this...
This may lead to one of the most INCREDIBLE BAILOUTS for BIG OIL COMPANIES in world history...
U.S. DOLLAR SKYROCKETS ON FUTURES MARKETS
OVER 40 MILLION BARRELS OF OIL SHORTED IN 30 MINUTES ON FUTURES MARKETS
Now the world knows PEAK OIL was a complete lie
The sad thing is there's going to be trouble over this because there's no way the big American oil companies want the consumer to enjoy less expensive gasoline. Gasoline is already falling below the price of a gallon of water in many places. The EPA will step in and create loads of conflict concerning the environment, etc.
It's obvious some sort of price war is on and the FUTURES MARKETS and EQUITIES MARKETS are getting EXTREMELY VOLATILE over this which already are resulting in very large intraday price modulations never before seen in the markets. Questions remain as to whether we have normal market forces or if we have GLOBAL INSIDER COLLUSION AND ELECTRONIC TRADING WARFARE.
LINKS:
T. Boone Pickens schools CNBC:
http://www.zerohedge.com/news/2014-12-23/t-boone-pickens-rages-cnbc-i-am-expert-not-you-says-oil-down-due-weak-demand
http://www.businessinsider.com/r-exclusive-arab-opec-sources-see-oil-back-above-70-by-end-2015-2014-12
http://www.cnbc.com/id/102291348#.
Will the FED intervene in the OIL DEBACLE?
http://www.zerohedge.com/news/2014-12-23/will-fed-intervene-oil-market
LINKS:
T. Boone Pickens schools CNBC:
http://www.zerohedge.com/news/2014-12-23/t-boone-pickens-rages-cnbc-i-am-expert-not-you-says-oil-down-due-weak-demand
http://www.businessinsider.com/r-exclusive-arab-opec-sources-see-oil-back-above-70-by-end-2015-2014-12
http://www.cnbc.com/id/102291348#.
Will the FED intervene in the OIL DEBACLE?
http://www.zerohedge.com/news/2014-12-23/will-fed-intervene-oil-market
More to follow...
...developing...