Tagged with "Ice"
The Price War On The Oil Market
Tags: PriceWar OilMarket Parsifal US SaudiArabia Iran Iraq Russia Energy Dollar

this is the continuation of my previous essay What Energy Crisis ?
The world literally floats in oil, not only because currently, 1 Million barrel are produced more as the global consumption of 90 million barrel per day, but because the claim that oil would be a fossil fuel and we would have exceeded the so-called 'Peak Oil', is completely wrong, and a fairy tale.

Oil is not finite and is actually available in abundance, namely constantly produced in the interior of the earth.
See my article about 'abiotic oil'.
The current price of oil is so low as not anymore for a long time.

Currently a barrel is at 82 dollars, almost 30 percent lower than at the beginning of the year.
About why this is so and what is the reason for the pricing pressure, there are different opinions.
I want try to list these possible causes for a drop in price.

The above chart shows the fluctuations in the oil price in the last 36 months.
Currently the cost of a barrel of crude oil nearly as little as in July 2012, as the global economy crashed into recession and the need, therefore, fell sharply.
This raises the question, is the price so low because we are again in front of a worldwide recession, or are other factors at work ?
For example, a deliberate and controlled price war ?
Parsifal, October 15, 2014

Here is a list of possible reasons for the low price:

1st Scenario:
As already said, the industry experienced worldwide a significant decline in orders and therefore less oil as an energy source is needed, therefore, the afresh recession is to blame.
Europe and Japan will experience an economic downturn; the U.S. economy is woolgathering, and would appear as if it shrivels again.
An additional reason for the global economic downturn are the sanctions against Russia, which cause considerable damage, especially in Europe.
If the economy stagnates, and therefore less oil is consumed than is being produced, there is an excess squeezing the price.
Since the OPEC countries, as just confirmed want not adjust their production to the lesser need, but keep the flow rate constant and not reduce, the price goes down.
Supposedly, only in November at the next OPEC Meeting over a throttling of the flow rate will be decided.
New providers for oil are also on the market, because of the respective conflicts so far have failed, such as Libya and Iraq.

The ISIS also sells the stolen oil from the conquered Kurdistan with the help of Turkey for dumping prices.
How this under the watchful eyes of the Americans is possible, is a different question.
Their own child Al-Qaeda to rename in ISIS is probably the reason.

But overall there is too much oil on the market.

2nd Scenario:
Saudi Arabia, one of the largest oil producers in the world has decided on a reduction of the price, to increase their market share, and wants to disable the competitors.
To the Saudis and the other Gulf States doesn't fit the declared energy independence of the United States, which has been achieved with the massive use of fracking, in their plans.
By the reduction of the price to below USD 80 is the extraction of oil from shale uneconomical and slips into the red.
So the Saudis want the oil production over this new controversial method - which is relatively expensive to stall.
The goal is generally to squeeze all oil producers with high production costs out of the market.

Since the Saudi production works just unprofitable under USD 70 a barrel and Riyadh have a disposal on huge reserves of 750 billion dollars, they can sit through this price pressure for a long time until the troublesome competition in the United States is broken and stops.

If Obama puts up with that price fight is another question, as actually Saudi Arabia is the second most important ally of the US.
At the same time, the Saudis want to weaken The Iran as a competitor on the regional power with a low oil price, because if the agreement in the nuclear debate is concluded, the sanctions against Tehran will be repealed, then can The Iran again sell oil and with the higher income will be stronger.

3rd Scenario:
The sudden reduction of the price of Oil at USD 80 a barrel is a joint plan from the United States and Saudi Arabia to weaken Russia and bring Putin to fall.
Washington is trying to revenge because the regime change in the Ukraine assumed in a debacle.

Because the strategic goal of the Americans, by the coup in Kiev, to grab the Crimea, evict the Russians and take over the naval port of Sevastopol on the Black Sea, failed miserably.
Putin has them all completely outmaneuvered and the Crimea has just felt him without using violence in his lap.

Riad is crossed with Putin because Russia supports Assad which but the Saudis would like to have away.
The plan to take over Syria has so far failed.
If the price of oil is low, then is missing Moscow important revenue for the years 2015 to 2017, but have been budgeted as government spending with USD 100 per barrel.
The Russian government needs to drastically save, what may trigger civil unrest, and even the fall of Putin.
At least this is the thought which bend the Americans and Saudis with a price war.

4th Scenario:

It is exactly vice versa.
The Price erosion control Moscow as the largest oil and gas producer in the world, and China, as the largest consumer in the world, to harm the Saudis and Americans tremendous.
This maneuver is part of the plan of the 'De-dollarization' of the energy market - and indeed, the world economy - both want to go ahead with.
This fits the agreement between the Central banks of Russia and China over a three-year Currency-Swap-Deal of 150 billion Yuan, and 815 billion rubles (the equivalent of 25 billion dollars).
It is the goal for a massive expansion of the trade between the two countries and reduce their Dollar and Euro-dependence.

The trade between Russia and China now accounts for almost 100 billion dollars and, in the coming years should increase to 200 billion dollars.
Moscow has enough currency and gold reserves to withstand low oil prices in the longer term, to and has massively reduced its foreign debt in the last few months.
China is happy about a low purchasing price for oil and helps Russia in a price war.
As already mentioned above, is so also the oil production of the Americans greatly damaged, because fracking is too expensive and does not pay below 80 dollars.


One of the cited reasons for the drop in price of oil may be right, or several, or even all.
Each of the participants in this market has a motive for the price war.
The question resulting is, who will survive this struggle and who will carry away a significant damage ?
Most pleased will be the consumers, because the price of petrol at the petrol station is also decreased.
Should the OPEC countries first run out the road, they probably need to decide a throttling of the flow, so the price rises again.

Strictly speaking, there can no oil producer really economically produce under USD 100 per barrel and generate enough government revenues.
This is why 'cheap oil' will only be temporarily available.
What we must be clear, oil is the most important resource in the world besides water and is why virtually all of the interventions and wars of the West were in any way related to that.
A price war which likely ends in a shooting war.


related in BOLE

What Energy Crisis ?

Russia Proves 'Peak Oil' Is A Misleading Zionist Scam

BREAKING! GOVERNMENT ARRESTING PEOPLE FOR ANTI-OBAMA FACEBOOK POSTS! Tags: Facebook surveillance FBI dissent police state Obama militarized police


This article will make you angry. The US Government is actively seeking those who criticize government, specifically Barack Obama, and arresting them without charging them. They are remanded to mental health institutions where they are given “training” on how to view the world.

Remind you of a little book that George Orwell wrote?
It gets worse.
Most of the victims of the government’s kidnapping scheme are veterans.

From The Rutherford Institute:

In the four years since the start of Operation Vigilant Eagle, the government has steadily ramped up its campaign to “silence” dissidents, especially those with military backgrounds. Coupled with the DHS’ dual reports on Rightwing and Leftwing “Extremism,” which broadly define extremists as individuals and groups “that are mainly antigovernment, rejecting federal authority in favor of state or local authority, or rejecting government authority entirely,” these tactics have boded ill for anyone seen as opposing the government.

One particularly troubling mental health label being applied to veterans and others who challenge the status quo is “oppositional defiance disorder” (ODD). As journalist Anthony Martin explains, an ODD diagnosis

“denotes that the person exhibits ‘symptoms’ such as the questioning of authority, the refusal to follow directions, stubbornness, the unwillingness to go along with the crowd, and the practice of disobeying or ignoring orders. Persons may also receive such a label if they are considered free thinkers, nonconformists, or individuals who are suspicious of large, centralized government… At one time the accepted protocol among mental health professionals was to reserve the diagnosis of oppositional defiance disorder for children or adolescents who exhibited uncontrollable defiance toward their parents and teachers.”

The case of 26-year-old decorated Marine Brandon Raub—who was targeted because of his Facebook posts, interrogated by government agents about his views on government corruption, arrested with no warning, labeled mentally ill for subscribing to so-called “conspiratorial” views about the government, detained against his will in a psych ward for standing by his views, and isolated from his family, friends and attorneys—is a prime example of the government’s war on veterans.

Raub’s case exposes the seedy underbelly of a governmental system that is targeting Americans—especially military veterans—for expressing their discontent over America’s rapid transition to a police state.
Here is a news story by RT (Russian Times) about Brandon Raub. Apparently the corporate media in the United States won’t tell his story:


To underscore how big this story truly is, John Whitehead of the Rutherford Institute is the lead attorney defending the innocent victims targeted by the Obama Thought Police. Whitehead is quite famous for his defense of the Bill of Rights for the past several decades.
This is big. 
Obama wants everybody to think like a brain-dead zombie while he transforms America into Orwell’s 1984. 
Wake up. 

See more at Political Ears







Invisible Biometrics: Your Voice is Your New ID Tags: Big Brother globalist agenda police state Science and Technology the matrix

Nicholas West

Activist Post In a recent article,“In The Internet of Things YOU Will Be The Key,” I outlined the many ways that the human body will become the next generation identification system. The move to give everyone a global unique ID that can be verified across nearly all human activity has been in the works for some time, with defense contractors such as Lockheed Martin becoming a global leader in biometric identification. The applications are pervasive.The fear of identity theft and cyber-banking crime has been the latest sales pitch to accept identity tech such as facial recognition, iris scans, and fingerprinting -even tears –  as well as their attendant databases. There is an ongoing cooperative effort between global banks and corporations to ensure that there will be standardized, centralized entry into the consumer/Internet/banking matrix of the future.Now it is being revealed that voiceprint is


already being used as a key identifier and is becoming a big business for data brokers, as well as being employed by major corporations and governments.

As reported by the Associated Press:

Over the telephone, in jail and online, a new digital bounty is being harvested: the human voice.Businesses and governments around the world increasingly are turning to voice biometrics, or voiceprints, to pay pensions, collect taxes, track criminals and replace passwords. “We sometimes call it the invisible biometric,” said Mike Goldgof, an executive at Madrid-based AGNITiO, one of about 10 leading companies in the field.
Those companies have helped enter more than 65 million voiceprints into corporate and government databases, according to Associated Press interviews with dozens of industry representatives and records requests in the United States, Europe and elsewhere.”There’s a misconception that the technology we have today is only in the domain of the intelligence services, or the domain of ‘Star Trek,'” said Paul Burmester, of London-based ValidSoft, a voice biometric vendor. “The technology is here today, well-proven and commonly available.” (emphasis added)
And business is booming – industry revenues are expected to double in the coming year to nearly $1 billion annually.  Other major companies and governments cited as users – or soon to be users – of this technology include:Wells Fargo: Over 70 million customers.



Barclays: 12 million retail customers.

Canada’s TD Bank Group: 22 million customers worldwide.

The National Australia Bank Ltd. and The Bank of New Zealand: part of a conglomerate which has 12 million customers total.

New Zealand’s Internal Revenue Department: 1 million people have been logged and databased by their voice.

Vanguard Mutual Fund: tens of thousands of customers speak the phrase “my voice is my password.”

Mobile phone company Turkcell: 10 million Turkish customers are identified by their voice.

South Africa: 7 million people are identified by voice in order to prove the validity of Social Security payments.But it won’t be restricted to straight finance; your voice could become a key for nearly everything, including travel:

An Israeli company, FST21, is using voice biometrics to secure everything from apartment complexes to airports. Voice recognition in conjunction with other biometric techniques now screens those who show up at the door of New York City’s Knickerbocker Village. Executive Shahar Belkin said the technology also is being tested for access to secure areas of Israel’s Ben Gurion Airport. And, naturally, United States law enforcement is using the technology – at this point it’s only been documented to be in use for tracking offenders and parolees. But given the track record of domestic spying in the United Sates, are we so naive to think that it’s truly restricted only to the guilty?This technology offers up widespread concern, as even supposedly anonymous online or telephone communications would seem vulnerable.

  • Had a conversation lately about how you didn’t pay your fair share of taxes? Might prompt an audit.
  • Are you receiving disability payments, but mentioned a restricted physical activity over the phone? Those payments might cease.
  • Making calls to organize a protest, thinking it’s safer than sending e-mails or using social media? Might be added to a list of dangerous extremist groups.
  • Discussing your high fever and flu-like systems during a health emergency? Might prompt a visit and eventual quarantine under medical martial law.

The list of potential abuse is endless.

Then, when we add some of the speaker systems that are available to be deployed in public spaces, as well as new spy tech that can recover voice imprints from physical objects, it’s not only the topic of conversation that could be tracked, but right down to specific individuals.

For those who believe that simply disconnecting from the Internet or from modern gadgetry is a solution, this should be a wake-up call that the surveillance-industrial complex knows no bounds.


Recently by Nicholas West:



Voiceprint harvesting – the next frontier in data privacy war


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