Tuesday, December 23, 2014

Will CRUDE OIL and the U.S. DOLLAR begin WORLD WAR III?

*****THE LARGEST OIL BATTLE IN WORLD HISTORY***** 

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...


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 

More to follow...


...developing...