Scary Stuff.... Oil currently at $106.95

Procrastinator333

I read all this nonsense from Ash, Smea, aclueless et al and think I have finally decided on what I think is a suitable analogy.

Two young hedgehogs become friends and every day meet up for a chat beside the road. They sit in awe of the cars that fly by and realise at some point each day, the cars start turning their lights on. Soon after they do this the entire sky goes dark. They find this quite amazing. But even more amazing is that after a month or 2 they realise that the cars are turning their lights on earlier and earlier and the sky is getting darker earlier and earlier. This is a little scary now, if the cars keep on turning the lights on earlier and earlier there will be no daylight left!

After this epiphany they run off to warn the wise old hedgehog. He tells them not to worry, this happens from time to time, but in the end the light comes back. The young hedgehogs just don't believe it, they see the lights come on earlier and the sky get darker earlier every day.

Yes Gold and silver have risen. Yes Oil is rising. They may continue to rise. But the drivers of these movements have nothing to do with new world orders, freemasons or any of this other rubbish. The economy may tank some more, especially if there is an oil price shock, but in the end it will recover and carry on the upward trend. But by all means, keep stockpiling those beans and silver bars.

Procrastinator333

smeagold wrote: »

Thats not the plan tho:

Jose Barroso, President of the European Commission, announced in 2007, during the unveiling of the new European energy policy that the time has come for a “post-industrial age.” To bring the world into the post industrial age, you first need to destroy the world´s economic base and create another Great Depression. When people are poor, they don´t spend money, they don´t travel, and they don´t consume.

And what a manipulative way to quote. You put his quote in italics and quote marks. But then you carry on the italics to give the impression the whole thing is a quote.

Further to this, you assert what you think to be a post industrial age as fact. To me a post industrial age would be one in which indistries are dominated by higher level technology. Automated factories, nuclear fusion etc etc. Not saying it is going to happen any time soon, just that is what I would interpret a post industrial age as. Perhaps Jose Barroso has a 3rd view on what a post industrial age is.

Quite how you can take one comment about "post industrial age" and extrapolate that to mean the guy is planning on bringing about another great depression I have no idea. Listen to yourself, get a grip!

Kohoutek

$220 oil a possibility, according to Nomura.

Oil prices may surge to $220 a barrel if political unrest in North Africa halts exports from Libya and Algeria, Nomura Holdings Inc. said.

Crude futures rose to their highest in more than two years in New York today as Libya’s violent uprising threatened to disrupt shipments from Africa’s third-biggest supplier. The commodity surged to $96.39 a barrel in New York, and to $108.42 in London. Libyan leader Muammar Qaddafi vowed to fight a growing rebellion until his “last drop of blood.”

“If Libya and Algeria were to halt oil production together, prices could peak above $220 a barrel and OPEC spare capacity will be reduced to 2.1 million barrels a day, similar to levels seen during the Gulf war and when prices hit $147 in 2008,” the Tokyo-based bank said in a note today.

http://www.bloomberg.com/news/2011-02-23/oil-may-surge-to-220-a-barrel-if-libya-algeria-halt-output-nomura-says.html

doire_2

I rang yesterday At 5pm for 500L. Quoted £269. I rang this afternoon and they said its now £279

Asheron

On the day after pastor Lindsey Williams went on the Alex Jones Show and talked about the globalist plan to destroy the dollar and jack up oil prices through the stratosphere in an effort to wreck the economy, the price of oil went up to just short of $100 per barrel. Sources inside the oil industry told Williams the price will ultimately reach between $150 and $200 per barrel. Williams also told Alex Jones the oil producers Saudi Arabia and Iran will be targeted.

Watch Part 1 , part 2, part 3, part 4, part 5.

bendix

Procrastinator333 wrote: »

And what a manipulative way to quote. You put his quote in italics and quote marks. But then you carry on the italics to give the impression the whole thing is a quote.

Further to this, you assert what you think to be a post industrial age as fact. To me a post industrial age would be one in which indistries are dominated by higher level technology. Automated factories, nuclear fusion etc etc. Not saying it is going to happen any time soon, just that is what I would interpret a post industrial age as. Perhaps Jose Barroso has a 3rd view on what a post industrial age is.

Quite how you can take one comment about "post industrial age" and extrapolate that to mean the guy is planning on bringing about another great depression I have no idea. Listen to yourself, get a grip!

Well spotted. Smea sees a phrase like post-industrial age and thinks its evidence of a plot to bring about a new feudal society. In this context, the quotee was talking about an age when high technology is the key economic driver, not factories or mines.

But these guys are too blinkered and one-dimensional in their thinking.

I can forgive fools though. What I can't forgive is manipulation of quotations to present smea's own paranoid thinking as someone elses.

Despicable.

wintersunshine

Brent 110.51

NYMEX 98.83

JasX

....at last some good news for those of us working in the Oil industry who don't drive :dance:

Thrugelmir

doire wrote: »

I rang yesterday At 5pm for 500L. Quoted £269. I rang this afternoon and they said its now £279

Turn your heating off. Fill your oil tank in July/ August. Normally cheaper then.

Asheron

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