The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label oil price. Show all posts
Showing posts with label oil price. Show all posts

Friday, January 15, 2016

Should we get ready for a Canadian Spring?

Back in 2011, what would become known as the Arab Spring emerged in Middle Eastern countries like Tunisia, Egypt, and Yemen over the inability of the people to have access to affordable food that was primarily imported into their nations through world markets.  At the heart of the problem was the artificial strength of the U.S. dollar, and the need to buy these dollars to purchase foodstuff commodities.
But since the Arab Spring was a phenomenon was back then tied to 2nd world nations where wages and net worth were relatively poor, the question to ask now is, could this same type of uprising take place in a 1st world nation as well?

Thursday, January 14, 2016

Boom! Oil falls below $30 a barrel

It has taken only 12 days into the new year for a major prognostication to take shape in the global economy as the price of oil fell below $30 per barrel in intra-day trading.
Leading up to the beginning of 2016, several analysts on both sides of the spectrum (mainstream and alternative) forecasted troubling times for the economy should oil move down into the $20’s for an extended period of time.
Oil Chart

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Tuesday, January 12, 2016

As the Saudi’s look to IPO ARAMCO, experts question whether anyone will buy the stock

With oil prices now at near historically low levels due to OPEC manipulation, and a slowdown in the global economy, the Saudi government is mulling over implementing an unprecedented event, which is to IPO and make public their long-standing private enterprise known as ARAMCO.
Saudi Aramco, which is officially the Saudi Arabian Oil Company and most popularly known just as Aramco (formerly Arabian-American Oil Company), is a Saudi Arabian national petroleum and natural gas company based in Dhahran, Saudi Arabia.  Aramco’s value has been estimated at anywhere between US$1.25 trillion and US$10 trillion, making it the world’s most valuable company.
Headquartered in Dhahran, Saudi Arabia, Saudi Aramco operates the world’s largest single hydrocarbon network, the Master Gas System. Its 2013 crude oil production total was 3.4 billion barrels (540,000,000 m3),and it manages over 100 oil and gas fields in Saudi Arabia, including 288.4 trillion standard cubic feet (scf) of natural gas reserves.
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