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Now there is serious debate about oil crashing not just the $100 dollar, but the $200 dollar a barrel level in the next two years.
The 24/7 Wall Street blog, which is affiliated with both Dow Jones' MarketWatch and The Wall Street Journal, carried an article over the weekend that entertained the possibility of oil tipping the $200 mark, citing experts in the industry who expect the $95 a barrel level to be surpassed by the end of the year if the recent stock market turmoil continues.
The ultra-secretive Bilderberg Group, a consortium of power brokers from banking, business, politics, academia and oil, met in Munich Germany in May 2005 when crude oil prices were around the $40 a barrel mark.
During the conference, Henry Kissinger told his fellow attendees that the elite had resolved to ensure that oil prices would double over the course of the next 12-24 months, which is exactly what has happened.
During their 2006 meeting in Ottawa Canada, Bilderberg agreed to push for $105 a barrel before the end of 2008. This information was gleaned from sources inside Bilderberg who have proven reliable in the past.
A military attack on Iran is also essential for the globalists to kick-start an economic collapse coupled with a massive hike in oil prices. French Foreign Minister Bernard Kouchner told a French TV station yesterday that the world should prepare for war with Iran as rhetoric around the possibility of conflict grows bellicose.
Experts have predicted that should an attack occur, Iran would immediately cease oil exports, pushing the price per barrel well beyond $100 almost immediately, inflating gasoline prices and kicking off a worldwide energy crisis and a recession.
Originally posted by whaaa
I wonder what the purpose of killing the middle class is? Slavery? Population control? Solidify Power?
Originally posted by disgustedbyhumanity
Thank god my office is in my home. I have all the shopping I need within 3 blocks of my home. I live on a golf course, and golfing is my favorite pasttime. I theroretically could never have to drive again if I so chose.
Sounds pretty stupid, but I also make 2 car lease payments. $200 a barrell oil would end up saving me money as the leases are coming to an end and I would choose to get either no new cars or 1 with great fuel economy (usually cheaper). Wife might stilllike to be able to drive
As to the Bilderbergers, they will have to kill me to get me to go along.
Originally posted by Pfeil
I bet when oil becomes to expensive even for the rich there will be a "sudden" miracle breakthrough in alterative energy sources and we will be using these new energies that today Corporations have said are inefficient and impractable to use. Lame.
Originally posted by CaptGizmo
i question the source that you provided. They say the super secretive Bilderberg group and then they give info that was discused in their meeting. Was the writer of the article a fly on the wall during the meeting?
During their 2006 meeting in Ottawa Canada, Bilderberg agreed to push for $105 a barrel before the end of 2008. This information was gleaned from sources inside Bilderberg who have proven reliable in the past.
Originally posted by stumason
Seems to me that Oil is going up due to the falling value of the dollar.
Originally posted by stumason
Seems to me that Oil is going up due to the falling value of the dollar. If Oil did go as high as $200/barrel, I would bet that the Dollar itself would have had to take a considerable tumble against other currencies.
Taking that into account and major oil producers switching to alternative currencies, I think that as long as you don't get paid in Dollars, but rather Euro's and Pounds, this plan won't affect you. Seems to me to be a plan to cripple America, as opposed to the whole world.