Oil Continues Steady Climb, soon to hit $150-200 per barrel

Asheron

On December 16, Lindsey Williams told Alex Jones the price of crude oil will soon hit $150-200 per barrel and this would translate into gas prices in the range of $4-5 per gallon. Williams, an ordained Baptist minister who went to Alaska in 1971 as a missionary, was told about the price increase by insiders in the oil industry he had befriended.

Following Williams’ revelation, the price of oil moved up. Crude oil hit $95 a barrel on Monday for the first time in over two years. The most-accurate forecasters in the oil market a year ago are forecasting a second straight year of gains in 2011. Sanford C. Bernstein & Co. says crude will average $90 this year. Natixis Bleichroeder Inc., which tied with Bernstein, sees $100 a barrel, 26 percent higher than in 2010, according to Bloomberg.

“The global elite are conspiring to send oil prices crashing through the $200 dollar a barrel mark as part of an organized agenda to hike profits, bring about a global economic crash and torpedo the middle class,” Watson added.

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HAMISH_MCTAVISH

Excellent news for Aberdeen house prices though.

:beer::beer::beer::beer:

Cleaver

Here's the price of oil for the last year (ish), with the blue circle showing where some pastor made his prediction:



Oil has been trending up since March, did it really take a genius to say "I have insider knowledge, get this.... <whisper> ... I think Oil will go up a bit... shhhhh...."

HAMISH_MCTAVISH

Cleaver wrote: »

Actually I've read the Global Elite's Manifesto and they're planning to make Aberdeen an area where pr*cks from around the world are going to be sent to live.

Too late.

The oil industry beat them to it....

Aberdeen's already full of all their pr*cks from around the world.

Hey, wait a minute...... Maybe Asheron's on to something here......

Cleaver

If you're a teenage boy then that website does some cracking t-shirts:





The picture is too big to post, but you can also get...

[FONT=arial, helvetica]Support the fight against tyranny with these fashionable, high quality rubber bracelets. Choose from one of these three slogans: LIVE FREE OR DIE, DON'T TREAD ON ME, or DEFEND FREEDOM. The Defend Freedom and Live Free or Die bracelets are each black with white text. The Don't Tread on Me bracelet has a yellow inside and yellow text on black on the outside. Each bracelet says "INFOWARS.COM" in addition to the slogan.

You receive 5 rubber bracelets with each $12.95 order.[/FONT]

http://infowars-shop.stores.yahoo.net/inbrpa.html

Nothing sticks it to the Global Elite more than a fashionable, high-quality rubber bracelet. I bet all those lizards are quaking in their boots. Or their scales. Or whatever it is that have on their feet. Do they have human feet or lizard feet? If they have lizard feet could we escape them all by climbing up small flights of stairs? I'm going off topic here, apologies for that.

Anyway, we should all buy bracelets.

AD9898_2

Didn't think there was much oil industry left in Aberdeen ? North Sea oil production for those who don't know as fell from over 3 million barrels a day at peak in 1999 to 300,000 today.

Just wait till the world wakes up to the lies the Saudi's have been telling about their reserves and where we are heading.

Cleaver

AD9898 wrote: »

Just wait till the world wakes up to the lies the Saudi's have been telling about their reserves and where we are heading.

I'm trying to spread the word by wearing my Infowars 'Saudis are Oil Liars' t-shirt.

Kohoutek

AD9898 wrote: »

Didn't think there was much oil industry left in Aberdeen ? North Sea oil production for those who don't know as fell from over 3 million barrels a day at peak in 1999 to 300,000 today.

Oil production from the North Sea is dropping very fast, but in the UK alone it is still well over 1 million barrels/day.

http://www.eia.doe.gov/country/country_energy_data.cfm?fips=UK

AD9898_2

Another issue is Norway will likely stop any exports of gas from 2020 as their gas fields run low, and what remains will be for themselves, one of the reasons we're seeing so many offshore wind farms are being built. It won't be enough though, it's going to be pretty cold in the UK.

Kohoutek

AD9898 wrote: »

Another issue is Norway will likely stop any exports of gas from 2020 as their gas fields run low, and what remains will be for themselves, one of the reasons we're seeing so many offshore wind farms are being built. It won't be enough though, it's going to be pretty cold in the UK.

I doubt there will be absolute shortages of gas in 10 years, just potentially much higher prices.

We have several liquified natural gas terminals (no shortage of gas in Qatar), a pipeline that connects us to Europe/Russia and some projects that could eventually increase gas production using unconventional methods: shale gas drilling, coal bed methane, underground coal gasification.

purch

Crude oil hit $95 a barrel on Monday for the first time in over two years. The most-accurate forecasters in the oil market a year ago are forecasting a second straight year of gains in 2011. Sanford C. Bernstein & Co. says crude will average $90 this year

So the most "accurate" forecaster of the price of Oil say's that Oil will average a LOWER price in 2011 that it is now.

That's good news !!! :T

You can always rely on Asherfool to discredit his own OP at some stage, but not normally within the 1st post :eek:

I think the pressure of making stuff up is getting to him :j