OPEC heads to Vienna for OIL MEETING as CRUDE OIL PRICES RISE

BIG OIL CONCERNS WORLDWIDE

OIL REFINERY STRIKES BEGIN in America

Is this a WAR ON CRUDE OIL?

Prices of gasoline are already rising at the pump as I noticed here in my location and others are telling me the same across the nation.  Too much of a good thing won't last long for the consumer as OPEC recently threatened $200 CRUDE OIL PRICES in the wake of the death of King Abdullah bin Abdulaziz Al Saud.  Prior to this they were boasting that CRUDE OIL will never again see $100 forever.  

Some analysts suspect this is a WAR ON OIL and it may be the BRICS NATIONS working out a strategy amidst rising turmoil in the current global market conditions.  Even Jim Cramer on CNBC stated that this is A VERY TREACHEROUS MARKET:

http://www.cnbc.com/id/102389281  

REFINERIES are SHUTTING DOWN 

OIL WORKERS ON STRIKE

There are even more problems a not only are REFINERIES shutting down but RIG COUNT is down  and some say we are going to hear about shortages next.  The markets are becoming increasingly concerned with the API Weekly Crude Stock Report coming in tomorrow afternoon in the U.S. coupled with OIL WORKERS ON STRIKE and the threat of OUTPUT CUTS:

http://www.bloomberg.com/news/articles/2015-02-01/oil-workers-in-u-s-begin-first-large-scale-strike-since-1980

http://www.bbc.com/news/business-31093215 

Watch the price of CRUDE OIL as OPEC is uncertain whether the price should be $38, $50, or $200.  Either way I'm sure they will fix the prices just right for the consumer:


 

...developing...