Recent Event Highlights: P1 oil price hike reflects world price movement — DoE, World economy can withstand oil price of $100 - Kuwait minister, World economy can withstand $100 oil price: Kuwait, Oil price rise unlikely to slow developing growth, Do Oil Price Spikes Cause Recessions?, Cold spell fuels hike in home heating oil price, and 52 more...
Created by dipity on Jan 4, 2011
Last updated: 05/06/11 at 06:05 AM
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Fadel Gheit, Oppenheimer & Co. managing director, on the rising price of oil and when we will hit $100 per barrel because of demand for future contracts.
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...as economic recovery gains momentum. "This will help strengthen the recovering demand and is a key reason why we see crude oil prices heading towards $ 100 dollars a barrel next year," it said. Oil firms also raised the price of unleaded gasoline and diesel...
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Manila Bulletin
http://www.mb.com.ph/articles/295470/p1-oil-price-hike-reflects-world-price-movement-doe
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...markets mean the oil price strength is partly nominal. Egyptian Oil Minister Sameh Fahmy said the current increase in oil prices was the result of higher demand on heating fuel because of the cold weather in Europe. United Arab Emirates Oil Minister Mohammed...
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Moneyweb
http://moneyweb.co.za/mw/view/mw/en/page295043?oid=522112&sn=2009+Detail
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...(OAPEC), speaks to the media before the start of meeting in Cairo December 25, 2010. The global economy can withstand an oil price of $100 a barrel, Kuwait's oil minister said on Saturday, as other exporters indicated OPEC may decide against increasing output...
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International Business Times
http://www.ibtimes.com/articles/95208/20101225/world-economy-can-withstand-100-oil-price-kuwait.htm
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...anything, rising crude prices are simply moderating the expansion, they're not threatening emerging markets with a return to recession," she said. "If the emerging economies were that vulnerable, we would likely see crude oil prices falling back."...
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Moneycontrol.com
http://www.moneycontrol.com/india/newsarticle/stocksnews.php?autono=508248
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...and walk away. Before I tell you what I think you should do – I want you to really think about the disastrous effects that oil price spikes have had on the average portfolio. Maybe you were wiped out in 2000 or 2008. Maybe you lost it all in the recession...
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Seeking Alpha
http://seekingalpha.com/article/243509-do-oil-price-spikes-cause-recessions?source=feed
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...continue to cause havoc, householders are now faced with paying spiralling prices just to keep their homes warm. Oil prices hit a two-year high at the beginning of December, with the Belfast Telegraph predicting they would break through the £500 barrier for...
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Belfast Telegraph
http://rss.feedsportal.com/c/845/f/10676/s/10de6d33/l/0L0Sbelfasttelegraph0O0Cnews0Clocal0Enational0Cnorthern0Eireland0Ccold0Espell0Efuels0Ehike0Ein0Ehome0Eheating0Eoil0Eprice0E150A374620Bhtml0Dr0FRSS/story01.htm
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...request raised by lawmakers to continue halving the price hike through the Chinese New Year holiday, should international oil prices remain high. On another front, ranking CPC officials said that as international crude oil prices are still trending upward,...
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China Post
http://www.chinapost.com.tw/taiwan/national/national-news/2010/12/14/283605/Govt-urged.htm
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...production at 24.8 million barrels per day -- the level set after a hefty quota cut in January 2009 because of alarm at oil prices of 30 dollars a barrel caused by the financial crisis. The organization accounts for nearly 40 percent of the world's oil output. Traders'...
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Bangkok Post
http://www.bangkokpost.com/news/world/210872/opec-comfortable-with-oil-price-surge
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...wind farms in place and our natural gas drilling in place too. Martin's Best 34 minutes ago Report Abuse obama needs high oil prices to enrich his mideast muslim brothers. Henchicken 39 minutes ago Report Abuse these oil turds are nervous about the...
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Yahoo News: Business
http://us.rd.yahoo.com/dailynews/rss/economy/*http://news.yahoo.com/s/nm/20101211/bs_nm/us_opec
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...were back in favor Wednesday after falling for the several sessions in the face of of intense heat from the rise in crude oil prices, which briefly went above $90 a barrel yesterday. All three oil marketing companies were up in early Wednesday trade, aided...
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Wall Street Journal
http://blogs.wsj.com/indiarealtime/2010/12/08/oil-marketing-stocks-up-on-diesel-price-rise-rumor/?mod=wsj_india_main
All of the views expressed within this video are independent from those expressed by MAH
Video commentary about the latest news including the mystery missile off the coast of California, oil and gold prices rising, a Congress extending unemployment and the social effects of children being born in single mother homes. Tax cuts to top lame ducks' to-do list www.marketwatch.com Gold sets record high amid economic fears news.yahoo.com Oil price hits two-year high amid Nigeria rig attack news.ph.msn.com Pentagon Can't Explain "Missile" off California www.cbsnews.com www.cbsnews.com Blacks struggle with 72 percent unwed mothers rate www.msnbc.msn.com
www.rincker.nl
Mike Maloney's incredible presentation: www.youtube.com He says a big deflation is coming, with oil being dropped to 10$ a barrel before the currencies go bust. In the video I mix up gallons with barrels, but I mean barrels! I am so used to the silver-smackdown that $21.15 silver is scaring me.
Alex talks with author and journalist Webster Tarpley about the impending war with Iran. Webster is the author of Obama: The Postmodern Coup, and Barack H. Obama: The Unauthorized Biography, both now available at the Infowars Store. Tarpley is also the author of Surviving the Cataclysm: Your Guide Through the Greatest Financial Crisis in Human History, 9/11 Synthetic Terror: Made in USA and George Bush: The Unauthorized Biography. tarpley.net www.infowars.com www.prisonplanet.tv
Alex talks with author and journalist Webster Tarpley about the impending war with Iran. Webster is the author of Obama: The Postmodern Coup, and Barack H. Obama: The Unauthorized Biography, both now available at the Infowars Store. Tarpley is also the author of Surviving the Cataclysm: Your Guide Through the Greatest Financial Crisis in Human History, 9/11 Synthetic Terror: Made in USA and George Bush: The Unauthorized Biography. tarpley.net www.infowars.com www.prisonplanet.tv
www.pbs.org Columnists Mark Shields and David Brooks sort through the top political stories of the week, including the government's role in the Gulf oil disaster and the expensive governor's race in California.
Department of Energy and Oil producers predict a Peaking of Oil Production between 2011 and 2015. 10% decline in Oil production by 2015 is foreseen in DOE report and oil supply deficit in 2015 equal to output of Saudi Arabia. By 2027, Oil production will only be able to supply 50% of World's needs unless new Oil projects fill the void. This is highly unlikely as Offshore drilling loses its appeal after the BP oil spill in the Gulf of Mexico. A World wide Economic collapse due to inadequate cheap energy is the result.
November 30, 1998 www.amazon.com Watch the full lecture: thefilmarchived.blogspot.com The Organization of the Petroleum Exporting Countries (OPEC, pronounced /ˈoʊpɛk/ OH-pek) is a cartel of twelve countries made up of Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, and Venezuela. OPEC has maintained its headquarters in Vienna since 1965, and hosts regular meetings among the oil ministers of its Member Countries. Indonesia withdrew in 2008 after it became a net importer of oil, but stated it would likely return if it became a net exporter in the world again. According to its statutes, one of the principal goals is the determination of the best means for safeguarding the cartel's interests, individually and collectively. It also pursues ways and means of ensuring the stabilization of prices in international oil markets with a view to eliminating harmful and unnecessary fluctuations; giving due regard at all times to the interests of the producing nations and to the necessity of securing a steady income to the producing countries; an efficient and regular supply of petroleum to consuming nations, and a fair return on their capital to those investing in the petroleum industry. OPEC's influence on the market has been widely criticized, since it became effective in determining production and prices. Arab members of OPEC alarmed the developed world when they used the oil weapon during the Yom Kippur War by implementing ...
The United States military came out and said that US oil surplus production will dry up by 2015. Webster Tarpley says that the United States joint command US general James Mattis is behind the statement and is using oil as a weapon against China. The idea is to get the price of a barrel of oil up as a scare tactic.
1000$ price for the Oz of Silver.
The Big Interview: Finance secretary Ashok Chawla said given the current inflationary environment, most economists are not likely to support the idea of a complete deregulation of fuel prices.
Business Takin Says Oil Price, OPEC Output Are 'Unsustainable' Video Clip Syndicate
Amid supply destruction we will see that gasoline prices at the pump increase while crude oil prices remain at levels near cost of production. Inflation takes up now in many countries around the world. This appears to be unnoticed as the main currencies devaluate at the same pace.
Max Kaiser comments about the Greece deficit www.youtube.com Ron Paul is asking Bernanke about the possible secret Greece bail out www.youtube.com
I've been telling people for years about what the price of oil does to the economy. In the late 1990's to early 2000's they used to say that five of the last six recessions were preceded by high oil prices. That's probably still current. Here's a clip that further explains it. Every time the price of oil has doubled, a recession has followed and the price of oil doubled in 2008. The thing that concerns me more is that most experts believe oil production will peak in the 2020's. When we get close to that peak, the rise in the prices of oil will accelerate considerably and prices will more than double each year. That has got to cause a worldwide recession that we will never recover from. For the long version see: www.youtube.com www.youtube.com www.youtube.com www.youtube.com www.youtube.com www.youtube.com www.youtube.com I'm sure everyone has read that we've got a couple hundred years of natural gas and a couple hundred years of coal left. The problem is that if we are forced to convert to natural gas for transportation that 200 years for natural gas goes to about 25 years. At the same time they would probably convert natural gas power plants to coal bringing coal down to maybe 30 years. Whats that about 60 or 70 years of fossil fuel left? If all the nations followed the Kyoto Treaty I'm guessing it would stretch that out to maybe 80 to 90 years. From a global warming standpoint, I dont think that 20 years will make much difference; I'm more worried about the worldwide ...
www.youtube.com Subscribe to Pinaswatcher, Pinaswatchers, Pinasism
Three years in the making, this riveting new documentary from acclaimed filmmaker Joe Berlinger (Brother's Keeper, Paradise Lost, Metallica: Some Kind of Monster) tells the epic story of one of the largest and most controversial legal cases on the planet. An inside look at the infamous $27 billion "Amazon Chernobyl" case, Crude is a real-life, high stakes legal drama involving global politics, the environmental movement, celebrity activism, human rights advocacy, multinational corporate power, and the fate of disappearing indigenous cultures. Subverting the conventions of advocacy filmmaking, this award-winning film explores a complex situation from all angles, bringing an important story of environmental peril and human suffering into focus. "Rarely have such conflicts been examined with the depth and power of Joe Berlingers documentary Crude. These real characters and events play out on the screen like a sprawling legal thriller." - Stephen Holden, The New York Times
All quiet at the gas pump: author Matthew Simmons on the coming oil shock.
Experts say cut-backs in crude oil exploration and investment could see energy costs soar again and that, when this comes, Russia should again focus on managing the upturn to diversify its economy.
Mat Zo - The Price Of Oil
Max Keiser on the oil price manipulation in wall street
The historic swings in oil prices last year were the result of financial speculation from Wall Street and not supply and demand. Steve Kroft investigates.
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...edged up four cents to $43.40 a barrel, after dipping as low as 43.21. Brown told the UK conference that the sharp spike in oil prices had "an enormous and damaging impact on the global economy". He cited a recent study which estimated "the high oil price...
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Al Jazeera
http://english.aljazeera.net//business/2008/12/20081219133324365456.html
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...in oil prices had "an enormous and damaging impact on the global economy" and cited a recent study which estimated "the high oil price took around $150 billion out of world economic output this year alone." "But today with prices falling it is clear that our...
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Boston Globe
http://www.boston.com/news/world/europe/articles/2008/12/19/oil_producers_users_call_for_oil_price_stability?rss_id=Boston.com+--+World+news
Go to: researchris.blogspot.com for additional news topics & videos. Please SUBSCRIBE to this channel to receive important news videos. http www.infowars.com
Go to: researchris.blogspot.com for additional news topics & videos. Please SUBSCRIBE to this channel to receive important news videos. http www.infowars.com
huge governmental gold sales behind the scenes, american soldiers working to supply oil to China, pickpocketing because of red tide toxic algae, us treasury rigging the market in summer of 2008 to jack up the value of the dollar and lower the price of crude oil, recorded on September 20th 2008
As stock markets plunge again the price of oil is also falling. That is not what the leaders of the cartel were hoping for when they announced a production cut of one and a half million barrels a day. Al Jazeera's Jonah Hull is at Opec headquarters in the Austrian capital Vienna.
Motorists are rushing to fill up their tanks, as gas prices have drastically decreased within the last few weeks. But, as Tony Guida reports, dropping oil costs can carry a high price.
As global oil prices continue to slide investors want to know whether the Organisation of the Petroleum Exporting Countries (Opec) will cut production. Opec members are split on the issue while some economists predict that oil prices will rise again. Dr Mamdouh Salameh, an international oil economist and consultant to the World Bank on energy, shares his view with Al Jazeera
A Matt Simmons phone interview on CNBC. He's gotten pretty pessimistic, even doomerish lately.
More at therealnews.com US government says it needs to change evidence against detainees before civilian court trials
How Bush's CFTC helps Enron style criminals to rip off families...yet again! playlist: www.youtube.com
www.AmericanSolutions.com American Solutions' General Chairman Newt Gingrich discusses 3 ways we can lower gas prices.
ANCHOR: Japan's trade minister says current oil prices pose a big risk to the global economy. He shared his concern during the Group of Eight energy meeting in Japan last weekend. STORY: At the opening speech of the Group of Eight energy meeting, Japanese Trade Minister Akira Amari spoke of his concern over the escalating oil price spike. [Akira Amari, Japanese Trade Minister ]: "Oil prices recently exceeded 130 dollars per barrel. I think it is abnormal and it is posing a great risk not only to energy security but also to the global economy." Just the day before the G8 gathering, oil prices rose by over $10 US dollars to an all-time high, above $139 US dollars a barrel -- the biggest one-day gain on record. 'Oil's Friday' jump doubled the previous one-day record, set just the day before. And extends a six-year bull run that has seen prices rise seven-fold since 2001. Meanwhile, investors and speculators see producers struggling to keep up with demand. The two-day meeting of energy ministers from the United States, Japan, South Korea, China and India comes at a time of growing public discontent. People want their governments to help out soften the blow of increased energy costs.
This video will tell you who controls oil prices and one of the reasons USA wants to attack Iran. Supply and demand or shortages is NOT the cause of rising oil prices. For anyone aware that I had gotten an email from Out-There_TV; I was told by them after I wrote tham back, that one here and there is okay to put up as long as we don't put up a whole series.
Thailand commercial on how to conserve oil to save money for the country
Michael Greenberger, the former head of the CFTC's Division RBN Republic Broadcasting Network www.RepublicBroadcasting.ORG
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