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Friday, June 20, 2014

IRAQ CRISIS will accelerate OIL and GAS prices

IRAQ HOLY WAR

*****GLOBAL ENERGY CRISIS ALERT*****

WORLD CRUDE OIL CRISIS WILL RESULT



Analysts expecting global CRUDE OIL instability

CNBC and analysts report that the Iraq refinery under siege is the largest refinery in Iraq and will cause a knock on effect globally.  The price of gasoline will be going up will into the $4's and approaching $5 this summer is highly likely.  CRUDE OIL may be well above $150 and heading for $200 in the very near term.

The current war strategies of the Isis militants is expected to cause exceptionally unstable oil prices which will now rock the global energy sector.  What is happening in Iraq is unprecedented and the country will be divided into several regions as a result of a chaotic and complicated holy war.

...developing...

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