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***THE MAIN BOARDS - Welcome to the Prison Planet Educational Forum and Library*** => General Discussion for the Prison Planet Educational Forum and Library => Topic started by: XR500Final on August 02, 2008, 09:31:32 am

Title: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: XR500Final on August 02, 2008, 09:31:32 am
In this shocking interview, Lindsey Williams makes some incredible claims after a conversation with a high level oil executive.  Before you laugh at what you are about to read - Lindsey Williams accurately predicted Gasoline going to $3 / gallon back when it was worth 60 cents.

  *  Crude Oil is going back to $50 a barrel.
  *  McCain is selected to be the next President of the United States, and everything in their power will be done to prevent Barack, OR HILLARY from having any chance of gaining the presidency.
  *  Two giant oil fields will be 'released as new found discoveries' - namely a 90 Billion Barrel Deposit in Russia, and a second one in Indonesia.
  *  A fresh cold war will be started with Russia regaining superpower status.
  *  Iran, and several middle east nations will be deliberately and financially ruined.
  *  The world will be flooded with cheap oil.
  *  Iran will not be attacked, but starved out financially - do note that financial institutions around the world have been forced to stop trading and exchanging with Iranian banks.  This isolation of currency inhibits their ability to buy and sell their oil in a practical and efficient manner.
  *  Lindsey Williams has been the author of several DVDs, and books, which are no longer availble on the market, this is under death threat to himself and his family.
  *  Prudhoe Bay Alaska, and Gull Island Alaska have enough oil to break dependency on foreign imports, this is not counting the massive oil reserves under Montana.

 Listen to the MP3 yourself and copy and send everywhere.  It has been uploaded to three different hosting services to prevent any form of censorship of this information.

http://www.mediafire.com/?sharekey=6074186bc692943a19747bd91027d4ddfd559a4421a32d9c
http://myfreefilehosting.com/f/96fb5a1f87_5.35MB
http://www.savefile.com/files/1703648

If you do not think that this is possible please study the following, and BELIEVE NONE OF IT UNTIL YOU DO YOUR HOMEWORK.

http://www.scribd.com/doc/3209608/abioticoil

Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: Raincheck on August 02, 2008, 09:38:13 am
Alex, Bob Chapman and almost everyone here says it's all "hooey".

I prefer to wait and see.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: XR500Final on August 02, 2008, 10:09:15 am
 Lindsey was laughed at for a couple decades, but was found to be right. We may be talking about something that is going to take many years to unfold..  I find much of it still unfolds as these guys are predicting, is just takes LONGER than anyone anticipates, but it still moves in the same direction.

  You are correct Lindsey may have been deliberately used in order to spread disinformation as the shows like Alex Jones have now become 'insider tip locations for the public' - and from this a diversion is created before an attack on Iran.

I would keep all options on the table - we still have to recognize this guys track record.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: Raincheck on September 15, 2008, 10:19:48 pm
Lindsey is on Jeff Rense show right now!

Oil is heading down, as is our economy, as he said was told to him.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: Lannister on September 15, 2008, 10:45:27 pm
i was thinking about how this could possibly benefit the NWO.  with the impending financial crisis ready to decimate people low gas prices can;

1. put lipstick on a pig(haha).  basically distract people from the fact they are going broke. cause they are so happy about cheap gas again.

2. slow the slide into oblivian the U.S. is taking.

3. eliminate mid-east oil barons as a major influence on world economies.

im sure there are other reasons, but thats just potential reasons.  or it could all be hore crap after all.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: Raincheck on October 06, 2008, 01:03:34 pm
Yep. Back in July when crude was $145 a lot of people said he was crazy for saying it would go to $50.

Today it is below $90 ...he's half way there.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: EchelonMonitor on October 06, 2008, 01:59:47 pm
I'm not sure about what he says about the McCain presidency because it seems to me that Obama would better serve the NWO.

If Obama is elected, people will go back to sleep and bask in the guilt-cleansing rays of an Obama victory.

People won't criticize Obama's policies, just as supposed "liberals" on talk radio now never criticize the war in Afghanistan since Obama supports it.

If McCain is elected, we still have a chance to wake people up and stop the NWO.

If Obama is elected, their full program will be implemented, and the sheeple will smile and say it must be good.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: gEEk squad on October 06, 2008, 03:39:28 pm
McCain could be elected through the fraudulent voting machines, then Obama could challenge the vote and become President. That would further demonize the Republicans and make Obama more of a messianic figure in the press.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: larsonstdoc on October 06, 2008, 03:43:43 pm


  McCain better get going.  As of today (10-6-08), according to CNN, Obama has 264 electoral college votes.  He needs 270 to be elected president.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: EchelonMonitor on October 06, 2008, 03:50:40 pm
McCain could be elected through the fraudulent voting machines, then Obama could challenge the vote and become President. That would further demonize the Republicans and make Obama more of a messianic figure in the press.

Interesting idea.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: KingNeil on October 06, 2008, 04:02:04 pm
Guys, I think I can smell something...?  ??? Could it be bullshit?
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: chris jones on October 06, 2008, 04:56:42 pm
Quicky:

Oil supply and reserves have never been a problem.

What has is we have been raped for billions upon a lie, congress has not investigated, nor jusice dept. , no one.
The oil barons raise the price, we pay, they make their extra billions and we take it up the exhaust pipe.

I don't know much about lyndsey, but I do know oil supply is not the problem. Those finds mentioned are but a few of the actual ones acknowledged.

My sources, oil superintendents with a belly full of whooch.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: walker8989 on October 07, 2008, 02:34:31 pm
EchelonMonitor,    Ever hear the saying kayos out of order? McCain will cause kayos for sure....civil unrest, riots, and then MARSHALL LAW!
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: Dig on October 07, 2008, 02:37:09 pm
$700 Billion Bailout LAW - YOU WERE ROBBED

(10mins)
http://uk.youtube.com/watch?v=Zf2ijxsBcz0


Are we headed for an economic depression? Probably. Here are the FACTS on the market's reaction to the bill's progress; the mainstream media is (again) lying to you. Facts, figures and charts galore.

Oh, and what you must do next.

This video needs to be seen by everyone in America. Yes, I know, its 10 minutes. But its 10 minutes that anyone with a 401k, Pension or IRA should be willing to spend. Send it around, then keep checking at http://fedupusa.org and http://supportedthebailout.org for updates.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: rio on October 07, 2008, 07:17:53 pm
Yep. Back in July when crude was $145 a lot of people said he was crazy for saying it would go to $50.

Today it is below $90 ...he's half way there.

Shouldn't the cost of gas be at least 50 or 60 cents cheaper than it is right now then at $90 a gallon?
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: Raincheck on October 07, 2008, 08:17:16 pm
Shouldn't the cost of gas be at least 50 or 60 cents cheaper than it is right now then at $90 a gallon?

I was with you until the "$90 a gallon" part.

The price of a gallon of gas has went from $4 to $3.29 here.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: rio on October 07, 2008, 09:01:19 pm
$90 a barrel. It's $3.23 - $3.39 where I am too, but shouldn't it be way less? Like closer to $3.00 a gallon?
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: Raincheck on October 10, 2008, 10:20:24 am
Quote
Today it is below $90 ...he's half way there.

Four days later.... down to $80
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: gEEk squad on October 10, 2008, 10:23:03 am
Gas in the Twin Cities, MN is less than $3. I saw $2.78 on the way to work.

It doesn't make any logical sense.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: xfahctor on October 10, 2008, 10:39:02 am
gas prices are almost always not reflected for about a month after oil prices fall.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: Raincheck on October 16, 2008, 11:01:35 am
Four days later.... down to $80

Six days later...down below $70

ahem
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: whywhy on October 16, 2008, 11:14:25 am
is at 69!!!!!!! :o
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: rick reuben on October 16, 2008, 11:37:13 am
All the oil futures have dropped -4 to-6 just today.

http://www2.barchart.com/heatmap.asp?&p=Energies&bgHigh=00FF00&bgLow=FF0000
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: TheGoodFight1984 on October 16, 2008, 11:51:54 am
crikey sounds like his info source may not have been towing him a line after all.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: dr4gon on October 16, 2008, 12:00:32 pm
Could be on the money. My biggest doubt is McCain becoming pres. Would be a jaw-dropping upset... but then stranger things have happened, and are happening.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: zafada on October 16, 2008, 12:04:42 pm
it's right at 3 bucks here.  I refuse to drive so it doesn't bother me, but apparently it bothers everyone else.  There's nothing preventing us from getting cheap ass electric go-carts.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: America2 on October 16, 2008, 12:05:46 pm
Could be on the money. My biggest doubt is McCain becoming pres. Would be a jaw-dropping upset... but then stranger things have happened, and are happening.

Or things aren't working out the way the powers that be wanted it to.

Evil is as evil does-they gambled and are losing.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: Lee on October 16, 2008, 03:04:44 pm
How does Lindsey know all this?

Who is pulling the strings here? Who is so powerful they can control the world behind the scenes???

Who is behind the NWO? Is it the Jesuits? because I think the Jesuits are wanting to control everyone--then you watch: the Pope will be called to come fix this "mess" that he and his jesuits created!

Synthesis vs antisynthesis---both are created by the same people which creates a "new synthesis" which is what they want. CONTROL!!

The Catholic Church has always "wanted" the USA and you can bet the USA will bow her knee to Rome!!
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: wouldntyouliketoknow on October 16, 2008, 03:44:56 pm
Any new interviews or updates with Lindsey on this?  Maybe Alex should have him on again-definitely something to watch.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: munkey on October 16, 2008, 03:51:12 pm
Or things aren't working out the way the powers that be wanted it to.

Evil is as evil does-they gambled and are losing.
try not to get ahead of yourself here.

I am sick of hearing people say that they are losing just because the markets are going down, this crash is by design and will use it to gain even more power.
they havn't gambled a thing, it has all been cool and calculated to this point.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: unitedstrokesofamerica on October 16, 2008, 04:19:03 pm
66.61 dollars per barel
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: birgit on October 16, 2008, 04:25:12 pm
66.61 dollars per barel

Here the prices were lowered twice today...now at 2.67 a gallon

Maybe a way to  stop people from hating big business, right before the election?
 Put everyone in a better mood until it's over?
Dont you HATE being played like this?

I know this is only until the election is over..then the giant d**** will be back to pound us
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: wouldntyouliketoknow on October 16, 2008, 04:27:38 pm
and remember OPEC moved up the emergency meeting from November to next week
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: America2 on October 16, 2008, 04:34:28 pm
and remember OPEC moved up the emergency meeting from November to next week

Interesting...what day next week?
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: wouldntyouliketoknow on October 16, 2008, 04:46:54 pm
Oil price fall prompts Opec meeting 
 
 
Oil has dropped by more than 50 per cent
since July to below $67 per barrel [EPA]
 
Opec (the Organisation of Petroleum Exporting Countries) has brought forward an emergency meeting to discuss the effect of the global financial crisis on oil markets.

The organisation announced the decision on Thursday, as oil prices plunged below $67 a barrel from a peak of $147 in July.

An Opec statement said: "Following consultations with the president of the Opec conference and colleague ministers, it has been decided to re-schedule the extraordinary meeting of the OPEC conference."

The meeting moves forward to October 24, from November 18.

Oil prices have fallen by more than 50 per cent from the record high of $147 per barrel, due mainly to fears of a global economic downturn.

Lawrence Eagles of JP Morgan said that Opec were looking for a price of at least $80 a barrel.

He said: "They are concerned that the momentum was going to pull it down to $60 ... At around $60, it starts to impact the Saudis' budget."

Manipulation

Controlling supply would provide price manipulation. Abdullah al-Attiyah, Qatar's oil minister, told Al Jazeera that he expected Opec to cut oil production by one million barrels per day or more at next week's meeting.

He said that the meeting was brought forward so that "we can take action before solutions become more difficult ... Prices have plunged in a very big way."

Opec did not give further details on why the meeting had been moved, but the body said last week that it would hold the meeting to "discuss the global financial crisis, the world economic situation and the impacts on the oil market".

They said: "The subprime mortgage problems that have been observed for a long time have created a shock wave in financial institutions resulting in huge losses, and an escalating credit squeeze which has turned into a deep financial crisis."

The price of oil continued to fall on Thursday, with Brent crude closing lower on $67 a barrel, its lowest level for more than 15 months.

Traders said the drop was due to lowering energy demands.
 
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: chris jones on October 16, 2008, 04:55:09 pm
My take on this is a simple one.

Money is God to the Elite, true.

How much do you beleive they made from this oil scam. I couldn't guess nor will I attempt to, but I'll take any ideas?

They raped us, made their fortunes and had a good laugh, why perpetuate a lie, they won.

Whats the difference, a war or the price of oil, they are both lucrative to the MIC and their mates. Or they simply have a bail out and pass around our money.

Sure there is more behind this, however the oil barons aren't worried, nor their masters, they scamed us for more money imaginable.
In any event we know who the bosses of this nation and globe are do we not. Pelois is looking for another 150 Billion bailout, is that a fact or did I misread an artickle. Oh well, don't worry about the price of oil dropping, the oil barons aren't. They made their quota, sure there is a motive,their plan is still rolling on , isn't it always.

Maby they won't Nuke Iran, just starve them to death. Its cheaper.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: hellcatjr on October 16, 2008, 04:57:11 pm
From what  understand, is this.

Oil is purchased in dollars, therefore dollar value fluctuations can change the price of oil, obviously a tanking dollar means more expensive oil, and a soaring dollar means cheaper.

As well as to say reserves, supply, delivery, processing are all other ways they can increase or decrease the value of oil.

And from what I've understood about it, is that oil is on a 2-3 month lag on its prices, so in other words we are feeling 3 months ago --- putting us in the ball park of July.

OPEC nations rich in oil, slamming the value of oil crushes their ability o convert dollar profits into Euro's - secondly, this hurts Brazil, Venezuela and Russia.

Again, I believe this what is being said, not sure about McCain as I do believe the Clintons' are the ones who were footing McCain as a knock down man, Obama is the black nobility/ Rothschild agent here to bring on the New World Order.

Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: birgit on October 16, 2008, 04:58:05 pm

Maby they won't Nuke Iran, just starve them to death. Its cheaper.
And environmentally friendlier :(
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: wouldntyouliketoknow on October 16, 2008, 05:07:38 pm
The emergency meeting next week is an curve ball-they have to appease the Oil barons in some way
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: chris jones on October 16, 2008, 06:15:26 pm
try not to get ahead of yourself here.

I am sick of hearing people say that they are losing just because the markets are going down, this crash is by design and will use it to gain even more power.
they havn't gambled a thing, it has all been cool and calculated to this point.

Hi M.

Agreed and then some, their has allways been a method to their insanity, this is but one of them.

The moment the population beleives we have recieved a miracle, and for some unknown reason the elite give a twit for us, well, its time to be concerned.

We are at war, in two countrys, we are in debt the highest globaly,and we stand against one of the most corrupt Goverments and Elite backers this world has ever seen. Loose, Uh UH, its simply a financial scam.
America will be blamed for every atrocity, every act of genocide, every financial breakdown, GEE WHIZ arent we making friends, such fooken diplomacy.
Ranting sorry, but in other countries speaking to these people, they are amazed at the cold heartedness of this nation, ya know, the one they looked up to many years ago. Over a million killed in an innocent nation, and not a peep from our congrss, as though were sub human trash. There is more going on here than I choose to speculate .
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: Nailer on October 17, 2008, 07:03:18 am
Greedy bastards .


http://www.iht.com/articles/2008/10/16/business/oil.php
OPEC calls emergency meeting as oil prices plummet
By Jad Mouawad

Thursday, October 16, 2008
NEW YORK: Oil prices plummeted Thursday, falling below $70 a barrel for the first time in 16 months, prompting the OPEC oil cartel to call for an emergency meeting next week.

The rapid decline in prices had alarmed both petroleum company executives and oil producers, who are becoming increasingly nervous that oil's roller-coaster ride undermines the stability of energy markets.

Oil prices have dropped sharply in recent weeks amid the economic crisis and lower consumption in developed nations. In New York, oil futures fell as much as 8 percent to $68.57 a barrel Thursday, their lowest level since June 2007. Oil has lost half its value since hitting a record $147.27 a barrel in July.

While not quite a rout yet, the precipitous drop undermines the elusive quest for stability that both oil producers and petroleum executives say they need to invest over the long term. The sharp decline Thursday prompted OPEC members to move up an emergency meeting - initially set for Nov. 18 - to next Friday, to look for ways to stem the price decline. Analysts expect the cartel's producers to reduce their production by about 1 million barrels a day.

The surprise announcement came a week after OPEC, the Organization of Petroleum Exporting Countries, which controls about 40 percent of the world's oil exports, said its members would meet in November "amid growing unease over the situation." But some OPEC members have been alarmed at the panic selling in commodity markets and successfully lobbied for an earlier meeting.

The concern now for producers is that the decline in prices could reduce future revenues and possibly crimp investments.

The Iranian oil minister, Gholamhossein Nozari, said in Tehran on Tuesday, "I think the low price is a real damage to the future of production."

The same question is also weighing on the mind of many energy experts. Does a period of lower prices mean the oil industry will repeat the errors of the past and sharply curtail its investments?

Since oil is a cyclical business, some energy analysts fear that today's downturn could set the stage for a new price rally if oil companies cut their exploration spending.

From its inception more than a century ago, the oil industry has gone through countless up and down cycles, and oil companies have often underinvested in periods of falling prices. The price collapse of the 1980s led companies to reduce investments and sparked a wave of mega-mergers through the sector.

But the industry's retrenchment in the face of lower prices left the world scrambling for oil when demand from Asian and Latin American economies soared over the past decade.

Now, after nearly a decade of growth, the economic slowdown means there will be less demand for energy in the foreseeable future.

These concerns were on the minds of petroleum executives who gathered at an industry conference in Venice last weekend. The titans of the oil industry worried that a prolonged recession, tighter credit, and lower energy consumption would mean slower growth in energy supplies in coming years. The credit freeze has already forced some projects to be scaled back, some energy analysts said.

"This is a real test," Jeroen van der Veer, the chief executive of Royal Dutch Shell, said during an interview on the sidelines of the conference. "Some people will be overstretched and there will be some delays in some projects."

The problem is that if companies pared their investments they would set the stage for a new surge in prices when demand eventually picks up, according to J. Robinson West, the chairman of PFC Energy, the consulting company hosting the conference.

Many experts have warned that such a crunch may happen within the next five years, and could once again propel oil prices into triple-digit territory. Over the past decade, the growth in oil consumption has outpaced the ability of producers to boost production.

A senior oil executive said that the industry was determined not to let history repeat itself. Many oil executives do not expect the current crisis to fundamentally alter the fact that developing economies will need more energy in the future. By 2030, more than three-quarters of the world's energy will still be derived from hydrocarbons, including oil, gas and coal.

"Investments in exploration and production are very much linked to the price of oil," said Didier Houssin, the head of oil markets at the International Energy Agency, which advises industrial nations on energy policy. "What we can fear is that the financial crisis leads to delays in many projects."

The drop in prices has already created problems for oil producers, who have become accustomed to high prices. Iran and Venezuela both need oil prices at $95 a barrel to balance their budgets, Russia needs $70 and Saudi Arabia needs $55 a barrel, according to Deutsche Bank estimates. The Algerian oil minister, Chakib Khelil, estimated Thursday that the "ideal" price for crude oil was between $70 and $90 a barrel.

In Russia, which is not part of OPEC, the drop in prices is threatening the country's ability to increase production. The Russian government has reportedly agreed to allocate $9 billion to its four major producers - Lukoil, Gazprom, Rosneft and TNK-BP - to help them cope with investment needs amid the credit crisis.

In the United States, Chesapeake Energy, a gas producer, has recently indicated that it would reduce its capital investments over the next few years in response to falling prices.

Global oil demand is undeniably slowing down, particularly in developed nations. Japanese oil consumption tumbled by 12 percent in August, while in the United States demand fell by 8 percent in September.

Still, consumption is growing in developing nations, albeit at a slower pace than in recent years. The International Energy Agency expects global oil demand to grow by just 400,000 barrels a day this year, to 86.5 million barrels a day. At the beginning of the year, the agency was expecting growth of more than two million barrels for 2008.

"We pretty much know where supplies are going to come from in future years, but today the biggest uncertainty is demand," said Christophe de Margerie, the chief executive of the French oil company Total.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: chris jones on October 17, 2008, 02:56:54 pm


I'll SAY THIS UNTILL I'M HAVING A DIRT NAP.

There have been solutions to oil usage and to energy, for the past 50 years.

Not the expensive solar systems, or hydrogen generators, or battery cars. They are hype, and money makers.
Can the average Joe Afford them, what of city dwellers.
Come on please, the Bureau of Patents WDC, sold out. A patent is made and is ubavoidably sucesful in this area, oil barons buy it, or kill the inventor.

If we maintained a goverment that gave a twit about us and humanity they woud search and sieze every patent to release us from the dominance of oil and evergy.
Who is shittttin who. Im sick if this shite, in the 50s i saw an experimental carbeurator built in Detroit getting over 60 miles oer gallon performance.
Notherners, in fact all of America awaited the millionare inventor of the home heater at 30% the cost of oil, the day he was to give this patent and prototype to the world( mind you give , he ws well of and a good man), him, his wife, and son fell of the face of the earth.
They want us under their thumb, energy is their weapon, dont let them shitte you.
You tell me how to control a population, energy, OK, transportatio meaning oil ok,,now you got em.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: Raincheck on November 11, 2008, 09:06:28 am
Six days later...down below $70

ahem

just dipped below $60
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: Boubear on November 11, 2008, 09:08:25 am
Gas was $0.84 cents a litre here yesterday!!  The lowest I've seen it in a long long time!!
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: UK Lyn on November 11, 2008, 10:03:38 am
For me Lindsey has got his target.  But how long will oil stay low?  Like I said, once the reserves come down a bit, the folks that explore for, drill and process that oil aren't about to work for free.

This is what I want to see, when these issue come head-to-head
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: Neutron on November 11, 2008, 10:07:52 am
Gas was $0.84 cents a litre here yesterday!!  The lowest I've seen it in a long long time!!

$0.48 a litre ($1.81 a gallon) in Saint Paul Minnesota, USA
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: Nailer on November 11, 2008, 10:54:36 am
*NYMEX Crude Oil -3.41 -5.46% 59.00
http://money.cnn.com/data/markets/
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: America2 on November 11, 2008, 12:36:42 pm
http://biz.yahoo.com/ap/081111/oil_prices.html

Oil falls below $59, gasoline continues plunge
Tuesday November 11, 1:05 pm ET
By John Porretto, AP Energy Writer 
Oil falls below $59 as gasoline prices dip below $2 in a handful of states

HOUSTON (AP) -- Retail gasoline prices dipped for a 17th week since July 4, falling below $2 a gallon in a number of states and as low as $1.77 in Des Moines, Iowa.

While consumers, worried about a weak job market and slumping investments, are grateful for the price relief, there are indications they are hanging on to the money that they are not putting in the gas tank.

Oil prices hit a 20-month low Tuesday as Wall Street offered yet more evidence that consumers have gone into hiding.

Retail gasoline prices fell to a national average of $2.22 a gallon, dragged down by the falling price of crude, which now costs 60 percent less per barrel than it did in mid-July.

Light, sweet crude for December delivery fell more than 5 percent, or $3.25, to $59.16 a barrel on the New York Mercantile Exchange. In earlier electronic trading, crude fell to $58.32, it's lowest point since March 2007.

Oil prices fell two days ahead of a report from the International Energy Agency, which some analysts expect will cut its 2009 oil demand forecast for the third consecutive month.

Volatile price swings are occurring almost every day on the trading floor.

While the Nymex contract is now trading near first-half 2007 prices, the difference then between daily highs and lows was around $1.50 a barrel, while now the average daily range is around $5.50 a barrel with recent daily peaks at $9.50, said analyst Olivier Jakob of Petromatrix in Switzerland.

Investors have grown increasingly leery about the swooning U.S. economy, which faces its worst recession in decades.

Industry analysts had expected China and India would continue buying crude if the U.S. and other western nations went into recession, but the booming economies of Asia have begun to show signs of fatigue.

Some forecasts had called for China's gross domestic product to grow 10 percent next year. More recent forecasts have it closer to 6 percent, the firm Cameron Hanover said in a report Tuesday.

A $586 billion stimulous package in China boosted markets globally early Monday, but those gains fizzled quickly and a sell-off that began by midday in the U.S. continued in Asia and Europe Tuesday.

On Tuesday, the Dow sank more than 200 points after Homebuilder Toll Brothers Inc. and Starbucks Corp. gave investors more evidence the housing market and consumer spending are getting weaker.

Toll Brothers said fourth-quarter revenue fell 41 percent from the year-ago period, while Starbucks reported lower sales across the coffee chain, leading to profits that fell below analysts' expectations.

Gasoline fell again overnight, dipping 2 cents to a national average of $2.22 for a gallon of regular unleaded, according to auto club AAA, the Oil Price Information Service and Wright Express. The average price has fallen nearly 32 percent in the past month and, according to AAA, could be headed to $2 a gallon nationally by year's end.

Crude demand from the U.S., the world's largest consumer of energy, is a key driver of oil prices.

"We saw extremely poor car sales and pretty shocking unemployment numbers from the U.S. last week," said Toby Hassall, an analyst with Commodity Warrants Australia in Sydney. "It wouldn't surprise me if oil edged down toward $50."

U.S. car sales fell to a 25-year low in October while the unemployment rate shot to a 14-year high of 6.5 percent last month.

Oil prices fell despite signs that OPEC members are going ahead with production cuts agreed to at an emergency meeting in Vienna, Austria, last month.

Many analysts are expecting another cut by the Organization of Petroleum Exporting Countries, which will meet on Dec. 17 in Oran, Algeria.

The prime minister of Qatar said Tuesday that "fair" oil prices of between $70 to $90 per barrel would ensure that expensive oil exploration could continue, avoiding price spikes in the future.

Sheikh Hamad Bin Jassim Bin Jabr Al-Thani said that while oil prices below $70 a barrel may seem like a gift to consumers, it could trigger price spikes in the near future when demand picks up.

But for now it is waning energy demand, not the supply controlled by OPEC, that is dominating crude prices.

Events that earlier this year threatened to cut off supply in oil producing nations no longer appear to have the power to send prices surging.

Militants in Nigeria on Monday resumed attacks on the country's oil installations. The military said it killed eight people while guarding a facility in the oil-rich south of the country.

Militants frequently attack oil facilities, seeking to hobble Africa's biggest petroleum industry and force Nigeria's federal government to send more oil funds to the southern states where the crude is pumped.

"The focus of the market has really been on the demand side," Hassall said. "I'd be surprised if supply side issues in Nigeria could change the mood of the market."

In other Nymex trading, heating oil futures fell 7.48 cents to $1.93 a gallon, while gasoline prices dropped 7.3 cents to $1.2945 a gallon. Natural gas for December delivery tumbled 39.8 cents to $6.85 per 1,000 cubic feet.

In London, December Brent crude tumbled 6 percent, or $3.54 to $55.54 a barrel on the ICE Futures exchange.

Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: zafada on November 12, 2008, 06:06:47 pm
Hmm, this is looking sketchy.

So what of the Barack Obama thing?  Is the media going to flip this around somehow?
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: Geolibertarian on November 12, 2008, 06:41:23 pm
Since there are some who might be confused as to why the sudden drop in oil prices could have negative consequences for the U.S. economy, allow me to give my current understanding of the issue.

As far as I can tell, all oil producing countries in the Middle East rely on borrowed money to keep their economies going, which means they need the revenue they get from oil sales to service their debts.

Thus, a dramatic drop in oil sales means a dramatic drop in revenue, and a dramatic drop in revenue means they'll be desperate to raise the money they need to service their debts from an alternative source.

That being the case, it is likely, if not certain, that they'll soon start selling all of the U.S. government bonds they invested in years ago. If they sell these bonds to other private investors, then it will have little if any impact on our economy. If they sell them to the Federal Reserve, however, then it could conceivably cause Yugoslavian (http://www.sjsu.edu/faculty/watkins/hyper.htm#YUGO)-style hyperinflation.

To understand why, consider the following excerpt (all emphasis original):

-------------------------------------------------------

Because the Federal Reserve can be counted on to "monetize" (convert into money) virtually any amount of government debt, and because this process of expanding the money supply is the primary cause of inflation, it is tempting to jump to the conclusion that federal debt and inflation are but two aspects of the same phenomenon. This, however, is not necessarily true. It is quite possible to have either one without the other.

The banking cartel holds a monopoly in the manufacture of money. Consequently, money is created only when IOUs are "monetized" by the Fed or by commercial banks. When private individuals, corporations, or institutions purchase government bonds, they must use money they have previously earned and saved. In other words, no new money is created, because they are using funds that are already in existence. Therefore, the sale of government bonds to the banking system is inflationary, but when sold to the private sector, it is not. That is the primary reason the United States avoided massive inflation during the 1980s when the federal government was going into debt at a greater rate than ever before in its history. By keeping interest rates high, these bonds became attractive to private investors, including those in other countries.  Very little new money was created, because most of the bonds were purchased with American dollars already in existence. This, of course, was a temporary fix at best. Today, those bonds are continually maturing and are being replaced by still more bonds to include the original debt plus accumulated interest. Eventually this process must come to an end and, when it does, the Fed will have no choice but to literally buy back all the debt of the '80s -- that is, to replace all of the formerly invested private money with newly manufactured fiat money -- plus a great deal more to cover the interest. Then we will understand the meaning of inflation.

-- G. Edward Griffin, The Creature From Jekyll Island, pp. 200-01

-------------------------------------------------------
 

This is yet another reason why monetary reform (http://forum.prisonplanet.com/index.php?topic=59754.msg301857) is easily one of the top three issues facing our nation right now.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: zafada on November 12, 2008, 06:45:34 pm
This suspense is killing me.  I want to know what's going to happen and when so I can keep my schedule open...

 8)
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: plantop14 on November 12, 2008, 06:48:38 pm
This suspense is killing me.  I want to know what's going to happen and when so I can keep my schedule open...

 8)
Don't worry, we are all on the "Express Elevator To Hell" and I plan on riding the motherf**ker to the bottom of the pit!
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: trailhound on November 12, 2008, 06:56:53 pm
Quote
Gas was $0.84 cents a litre here yesterday!!  The lowest I've seen it in a long long time!!

damn it might be worth it to drive to canada and buy some gas :P ( i live in atlanta)  prices are down to about 2 bucks and a few cents around here...still twice what it should be but at this point im giddy about paying 2 bucks a gallon :P
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: America2 on November 12, 2008, 07:14:13 pm
Since there are some who might be confused as to why the sudden drop in oil prices could have negative consequences for the U.S. economy, allow me to give my current understanding of the issue.

As far as I can tell, all oil producing countries in the Middle East rely on borrowed money to keep their economies going, which means they need the revenue they get from oil sales to service their debts.

Thus, a dramatic drop in oil sales means a dramatic drop in revenue, and a dramatic drop in revenue means they'll be desperate to raise the money they need to service their debts from an alternative source.

That being the case, it is likely, if not certain, that they'll soon start selling all of the U.S. government bonds they invested in years ago. If they sell these bonds to other private investors, then it will have little if any impact on our economy. If they sell them to the Federal Reserve, however, then it could conceivably cause Yugoslavian (http://www.sjsu.edu/faculty/watkins/hyper.htm#YUGO)-style hyperinflation.

To understand why, consider the following excerpt (all emphasis original):

-------------------------------------------------------

Because the Federal Reserve can be counted on to "monetize" (convert into money) virtually any amount of government debt, and because this process of expanding the money supply is the primary cause of inflation, it is tempting to jump to the conclusion that federal debt and inflation are but two aspects of the same phenomenon. This, however, is not necessarily true. It is quite possible to have either one without the other.

The banking cartel holds a monopoly in the manufacture of money. Consequently, money is created only when IOUs are "monetized" by the Fed or by commercial banks. When private individuals, corporations, or institutions purchase government bonds, they must use money they have previously earned and saved. In other words, no new money is created, because they are using funds that are already in existence. Therefore, the sale of government bonds to the banking system is inflationary, but when sold to the private sector, it is not. That is the primary reason the United States avoided massive inflation during the 1980s when the federal government was going into debt at a greater rate than ever before in its history. By keeping interest rates high, these bonds became attractive to private investors, including those in other countries.  Very little new money was created, because most of the bonds were purchased with American dollars already in existence. This, of course, was a temporary fix at best. Today, those bonds are continually maturing and are being replaced by still more bonds to include the original debt plus accumulated interest. Eventually this process must come to an end and, when it does, the Fed will have no choice but to literally buy back all the debt of the '80s -- that is, to replace all of the formerly invested private money with newly manufactured fiat money -- plus a great deal more to cover the interest. Then we will understand the meaning of inflation.

-- G. Edward Griffin, The Creature From Jekyll Island, pp. 200-01

-------------------------------------------------------
 

This is yet another reason why monetary reform (http://forum.prisonplanet.com/index.php?topic=59754.msg301857) is easily one of the top three issues facing our nation right now.

Bingo! We have a winner here!
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: open your eyes on November 12, 2008, 08:54:14 pm
Since there are some who might be confused as to why the sudden drop in oil prices could have negative consequences for the U.S. economy, allow me to give my current understanding of the issue.

As far as I can tell, all oil producing countries in the Middle East rely on borrowed money to keep their economies going, which means they need the revenue they get from oil sales to service their debts.


forgive my lack of knowledge but if the Middle East is producing oil, How do they rely on borrowed money? What am I missing
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: TheGoodFight1984 on November 13, 2008, 10:27:26 am
I also don't get how the price of oil being $50 will bankrupt the middle east. they just slow production to prevent being hurt, right? can someone gimme the lo-down on that?
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: Neutron on November 13, 2008, 10:39:38 am
damn it might be worth it to drive to canada and buy some gas :P ( i live in atlanta)  prices are down to about 2 bucks and a few cents around here...still twice what it should be but at this point im giddy about paying 2 bucks a gallon :P

There are 3.785 liters to a gallon. So multiply $0.84 a liter times 3.785 and you get $3.18 a US gallon.  I am in Minnesota and our cost per gallon is $1.86 http://www.minnesotagasprices.com/
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: national732 on November 13, 2008, 10:40:17 am
   Oil is cheap right now because a bunch of people are not working (no commutes), and
the automakers, who have many stockholders also owning oil company stocks are trying
to ease the auto manufacturer crisis.  Once the automakers are out of the woods, it will
skyrocket higher than ever, just watch.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: Geolibertarian on November 13, 2008, 10:47:39 am
I also don't get how the price of oil being $50 will bankrupt the middle east. they just slow production to prevent being hurt, right? can someone gimme the lo-down on that?

That might mitigate the problem for a while, but my hunch is that this would eventually backfire as more and more increasingly cash-strapped drivers simply started driving less, due to gas being priced out of their reach. And bear in mind that loan interest doesn't stop compounding (http://www.wealthmoney.org/wonder.html) merely because the borrower's monthly income drops.

In answer to the previous poster's question, there was a time when the U.S. was a (if not "the") leading exporter of goods and services to the world economy, yet that never prevented us from having billions in national debt and billions more in private debt hanging over our heads, and the simple reason for that is that all money is created out of debt. The same is true of virtually every other country in the world.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: Neutron on November 13, 2008, 11:01:11 am
I also don't get how the price of oil being $50 will bankrupt the middle east. they just slow production to prevent being hurt, right? can someone gimme the lo-down on that?

They need a certain amount of money coming in to service their debt for all their spectacular building projects they have built over the years. If they do not have it then they will start selling their assets such a gold and US bonds. I would suspect bonds. If there is no private buyers for these and I would suspect there will be a shortage of these buyers as the US treasury has had to cancel some bond auctions lately, then they would sell their bonds back to the US treasury. Since the US treasury has no assets it would cause the US treasury to turn to the printing press and "monetize" their debt with paper "securities" (not so secure) that can be used besides paying their interest payments to buy commodities, properties etc as a safe investment (this is what I would do). When and if that happens the sudden influx of all this money would cause prices to suddenly rise and to very high levels. It is called hyperinflation. The winners at those times are the ones' with real assets, gold, silver, productive property and so on. You wouldn't want to be living in the Saudi desert with a trunk load of US hundred dollar bills. I hear the nights can get cold there so the US bills would have some use...        
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: TheGoodFight1984 on November 13, 2008, 11:51:27 am
ace, thanks for the replies guys. doing my best to get the info to click but economics aren't my strong point
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: scoffer on November 13, 2008, 11:55:33 am
ace, thanks for the replies guys. doing my best to get the info to click but economics aren't my strong point

That's ok, it's not Greenspans strong point either.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: TheGoodFight1984 on November 13, 2008, 11:56:28 am
That's ok, it's not Greenspans strong point either.

hahaha, thanks for the confidence boost...

I may apply for a job at the fed.
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: Raincheck on November 19, 2008, 03:12:36 pm
just dipped below $60

below $53
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: pac522 on November 20, 2008, 10:54:26 am
In this shocking interview, Lindsey Williams makes some incredible claims after a conversation with a high level oil executive.  Before you laugh at what you are about to read - Lindsey Williams accurately predicted Gasoline going to $3 / gallon back when it was worth 60 cents.

  *  Crude Oil is going back to $50 a barrel.
  *  McCain is selected to be the next President of the United States, and everything in their power will be done to prevent Barack, OR HILLARY from having any chance of gaining the presidency.
  *  Two giant oil fields will be 'released as new found discoveries' - namely a 90 Billion Barrel Deposit in Russia, and a second one in Indonesia.
  *  A fresh cold war will be started with Russia regaining superpower status.
  *  Iran, and several middle east nations will be deliberately and financially ruined.
  *  The world will be flooded with cheap oil.
  *  Iran will not be attacked, but starved out financially - do note that financial institutions around the world have been forced to stop trading and exchanging with Iranian banks.  This isolation of currency inhibits their ability to buy and sell their oil in a practical and efficient manner.
  *  Lindsey Williams has been the author of several DVDs, and books, which are no longer availble on the market, this is under death threat to himself and his family.
  *  Prudhoe Bay Alaska, and Gull Island Alaska have enough oil to break dependency on foreign imports, this is not counting the massive oil reserves under Montana.

 Listen to the MP3 yourself and copy and send everywhere.  It has been uploaded to three different hosting services to prevent any form of censorship of this information.

http://www.mediafire.com/?sharekey=6074186bc692943a19747bd91027d4ddfd559a4421a32d9c
http://myfreefilehosting.com/f/96fb5a1f87_5.35MB
http://www.savefile.com/files/1703648

If you do not think that this is possible please study the following, and BELIEVE NONE OF IT UNTIL YOU DO YOUR HOMEWORK.

http://www.scribd.com/doc/3209608/abioticoil





Biggity bump. Can the electorial college still vote out Barack?
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: open your eyes on November 20, 2008, 10:59:05 am


Biggity bump. Can the electorial college still vote out Barack?

there are some people trying like hell (Phil Berg).  I think they (TPTB) can get more accomplished with Barack. People are just hypnotized
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: wouldntyouliketoknow on November 20, 2008, 11:05:01 am
We should start watching for news about Middle Eastern countries finances
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: pogolina on November 20, 2008, 12:55:21 pm


Biggity bump. Can the electorial college still vote out Barack?

I think they are bound by the people's vote, right?

I do know that people are suing left and right to get an official copy of Obama's birth certificate....
Title: Re: Lindsey Williams Shock Oil Back to $50 / USA to collapse
Post by: America2 on November 20, 2008, 01:06:45 pm
I think they are bound by the people's vote, right?

I do know that people are suing left and right to get an official copy of Obama's birth certificate....

Honestly, it doesn't matter anymore, why? B/c Obama was their guy from day 1. Really-why didn't they expose it way back when?