Oil Prices Soar

Oil May Surge to $220 a Barrel If Libya, Algeria Halt Output, Nomura Says
23 February 2011, by Grant Smith (Bloomberg)
http://www.bloomberg.com/news/2011-02-23/oil-may-surge-to-220-a-barrel-if-libya-algeria-halt-output-nomura-says.html

Half Of Libyan Oil Production, Or 800,000 Barrels, Now Offline
23 February 2011, by Tyler Durden (Zero Hedge)
http://www.zerohedge.com/article/half-libyan-oil-production-or-800000-barrels-now-offline

Excerpt:

Our advice to Italy, which imports 425,000 barrels of oil each day from Tripoli:

"Panic." Following yesterday's Force Majeure announcement from Libya which meant that oil production and exports will continue only for a few more days,

the FT now reports that over half of Libya's production, or about 800,000 barrels is now offline.

As Libya accounts for ~2% of global oil exports, this means that 1% of world oil output has just been removed.

And to all those who claim that excess OPEC capacity can be easily substituted, sorry it can't - Libyan crude is far higher in quality than the general muck, meaning it is not a simple apples for apples replacement.

From the FT: "Industry executives told the Financial Times that at least half of Libya’s 1.6m barrels a day oil output had been closed down.

They cautioned, however, that they could only estimate the total outage since they did not have direct knowledge of production at their competitors’ oilfields."

And if Nomura's earlier call is correct that a combined Libya-Algeria oil stoppage will result in the doubling of crude prices (and one can only imagine what happens if Saudi is thrown into the fray), then our January call for "higher" oil may lead to some very tidy profits.

In the meantime, we expect the partial Libyan oil closure to reach 100% shortly.

LINK TO LINDSEY'S OTHER INTERVIEWS ON THE ALEX JONES SHOW: (Some provide highlights of his interview):
http://z4.invisionfree.com/The_Great_Decep...?showtopic=8967

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Listen to Lindsey Williams, guest on Alex Jones show 2-22-2011 (1st hour)
http://www.ajpfiles.com/February2011/Alex....s.2.22.2011.mp3


Lindsey Williams Exclusive: Nwo to Target Iran & Saudi Arabi Next, Oil to Hit $200 a Barrel 1/5
http://www.youtube.com/watch?v=U-kmI1hzbI0



Part 2:
http://www.youtube.com/watch?v=pa2zhJh2s3E



Part 3:
http://www.youtube.com/watch?v=sJNIuZOTReg



Part 4:
http://www.youtube.com/watch?v=JcsoWO4fctg



Part 5:
http://www.youtube.com/watch?v=QdBtU6lb5AE




Note in the media you will now be hearing a lot of domestic oil stories about how we've found all this US oil. What they won't tell you is that the elite have known about these fields for 30-40 years. They just were not allowed to be drilled, but were capped instead.

Energy Non-Crisis & How Kissinger is Connected to the OIL SCAMS:

HENRY KISSINGER ENTERS THE PICTURE: (Ever wondered why this man still has an open door to the White House? There are many reasons and it's time you learned about him.)

Lindsey Williams - The Energy Non-Crisis - Part 4 of 8
http://www.youtube.com/watch?v=ZKCyCYz_aHY (if video below doesn't work)

QUOTE

When Henry Kissinger was Secretary of State he went to almost every oil producing country in the world. He want to Saudi Arabia and said "I'll make you rich. I'd like to cut you a deal. If you go along with my deal I'll see to it that we buy oil from you in America. You will be wealthy and live like Sheiks and have everything you ever wanted IF YOU GO ALONG WITH MY DEAL." The Deal: 1) You must denominate all oil sales in US DOLLARS. 2) You can have a certain % of that money to build your country, infrastructure, and to supply for your country, but you must take a portion of those American dollars we pay you and buy our National Debt. THEY SIGNED THE AGREEMENT, AND DIDN'T HAVE THE SLIGHTEST IDEA OF WHAT THEY HAD DONE! THIS IS WHAT IS KEEPING THE US DOLLAR AFLOAT TODAY. THERE WERE ONLY 2 COUNTRIES THAT DIDN'T SIGN - IRAN & IRAQ.

THIS VIDEO WILL TELL YOU WHY THIS GOVT IS NOT DRILLING IN ALASKA - THE BIGGEST DISCOVERY IN OIL THAT COULD MAKE AMERICA INDEPENDENT OF THE MIDDLE EAST. THEY TELL US WE MUST BECOME INDEPENDENT, YET DON'T ALLOW US TO DRILL ON OUR OWN TURF? WHAT IS WRONG WITH THIS PICTURE?

THIS IS OUTRAGEOUS!



The full series of videos by Williams is here. He worked among the elite - THOSE WHO CONTROL OIL and much more!
http://z4.invisionfree.com/The_Great_Decep...?showtopic=4920

THE LIES THAT WE HAVE BEEN TOLD FOR DECADES ARE JUST UNCONSCIONABLE!

Lindsey back on AJ 2-23-11 (3rd Hour):

Lindsey Williams: China Rising and The Way of Life Here in America Will End!! - Alex Jones Tv 1/4
http://www.youtube.com/watch?v=CUBsEwlE1WU



Part 2:
http://www.youtube.com/watch?v=za_hT6_oMzE



Part 3:
http://www.youtube.com/watch?v=K6WF_nEVb9I



Part 4:
http://www.youtube.com/watch?v=Bpd2fCjJi0Q




Bakken Oil Reserve info:
http://z4.invisionfree.com/The_Great_Decep...?showtopic=6181

NOTES: 2-23-11 Broadcast (Video above):

QUOTE

Kissinger Deal, the double crossing of the Arabs and Middle East Unrest: * Kissinger deal (1977-1981) with Dictators in Middle East that if they would denominate oil in US dollars and buy our Tbills & Federal Reserve debt, we would buy oil from them and NOT PRODUCE WHAT WE HAD ON US SOIL. With the exceptions of Iran and Iraq, the other oil countries have been doing this. (See more on this above) * Standard Currency of the world is Crude Oil. * The Elite say it is time to do what they are doing. * Many years ago the 6 or so oil companies went to Middle East, where they once road on camels, and divided up the land and started drilling and made the Arabs rich. Now that is about to end, and turmoil will ensue after the Arabs are double crossed. * Lindsey told us 4-5 months ago that a crisis would break out in the Middle East. (That crisis is now Egypt, and this is only the start. It will spread all over.) * Libya's Kaddafi says he will destroy their oil fields before he leaves, if forced out. (Libya supplies Italy and parts of Europe with 1.6 million barrels of oil) * Dollar will be dead by end of 2012. All the paper these countries have bought will be worthless overnight. * All the paper the Arab oil countries have been buying from us, under the agreement, will collapse over night and be worthless when the US Dollar dies. They will be furious. * When this happens, they won't be able to produce oil to send to America or the rest of the world. * All of this will make GAS prices and FOOD prices skyrocket, like they are starting to do now, again. * The Egyptian people think the CIA has staged their protests and caused the turmoil. However, Lindsey says this was staged by the globalist elites who give him information. ELITE OPEN UP OIL FIELDS ON AMERICAN SOIL THEY HAVE KEPT OFF LIMITS FOR 20-30 YEARS. THERE ARE 4 MAJOR SITES: * They will start producing the trillions of gallons of oil we have in America (that Congress has hidden from us all these years by passing legislation to keep it hidden due to the Kissinger deal with the Arab OPEC countries). * In 1976, Ken Fromm (Lindsey's informant that is now deceased) told him that Gull Island in Alaska would not be opened until the price of crude oil was $150 - $200 a barrel. They plan to get it to $200 a barrel in the current continuing crisis they started btw, and they will be filthy rich. * CHINA will not be affected at all by the oil crisis because they just signed an agreement with RUSSIA to provide them all of their oil and natural gas. (ALEX interjects, "I think I read this in a book 2,000 years ago" referring to the Bible) * Lindsey heard an audio of the Muslim Brotherhood saying "we are going to Israel to kill Jews". (?) * Anybody in the oil drilling, rig, etc business will get rich. * When the dust settles, they will own every piece of real estate in the USA because people won't be able to make their payments. (GET OUT OF DEBT PEOPLE. DO WHATEVER IT TAKES TO DO THIS) * Gas will be $7 - $8 gallon at the pumps. * We will be brought down to third world status. * The Elite goal is to break the back of the American Free Enterprise System. * The Elite only buy after they have bankrupted countries (which they have done over and over again), then they pay pennies on the dollar. * Airlines, railroads, etc etc - they will have total control. * After they open up the oil fields, they will gradually bring America back again to the great American Dream, but with ONE CAVEAT, UNDER THEIR CONTROL. IT WILL BE A DIFFERENT WORLD THAN WHAT WE KNOW TODAY. THEIR NWO! * They will give us back a little, just to keep us where they want us. (TIME 2:37) WHERE THE OIL IS IN AMERICA: * US Geological Service issued a report in April 2008 (last report of this type was in 1995). Only Scientists and Oil men knew this was coming. The report shows how much oil is in the Western 2/3 of N. Dakota, Western South Dakota and Montana. 1) BAKKEN is the largest oil discovery since Prudhoe Bay Alaska. It has the potential of eliminating all American dependence on foreign oil. The Energy Information Administration estimated the Bakken Reserve has 503 Billion Barrels of oil. Even if only 10% is recovered at $107 (but will be $200 by then) that equates to a $5.3 trillion resource base. THAT WOULD PAY OFF ALL THE NATIONAL DEBT @ $200 A BARREL, BUT NO IT WILL NOT BE USED FOR THAT. IT WILL BE USED TO MAKE THESE BASTARDS RICHER THAN THEY ALREADY ARE! * Terry Johnson (a Montana Legislative Financial Analyst) briefed Congress (its in the Congressional Record) saying it is the highest producing oil field in the past 56 years. The Pittsburgh Gazette said "the formation known as Williston Basin (aka Bakken) stretches from N. Montana to N. Dakota to Canada. * The elite have known this was there for many many years and now say they have the technology to recover the oil. (Of course, it's also good timing to bring their NWO in on the heals of the chaos they have brought about). * The oil is Light Sweet Crude oil which only needs a little filtration to use in diesel engines. * IT CAN BE PRODUCED AT $16 PER BARREL ON OUR SOIL, OR .60 cents PER GALLON AT THE GAS PUMP, BUT THEY WILL BE CHARGING US $7 TO $8 PER GALLON AT THE PUMPS (BECAUSE IT WILL BE $200 BARREL THEN) BECAUSE THEY LOVE US! * THERE'S ENOUGH OIL TO FUEL THE US ECONOMY THROUGH THE YEAR 2041 FROM OUR OWN SOIL. IT'S READY TO TAP NOW. 2) STANBERRY OIL FIELD (See Stanberry Report issued April 20, 2006) * 1,000 ft below the surface of the Rockie Mountains lies the largest untapped oil reserve in the world. * Greater than 2 trillion barrels of oil. WE HAVE ON OUR SOIL IN AMERICA: * 8x more oil than Saudi Arabia * 18x more than Iraq * 21x more than Kuwait * 22x more than Iran * 500x more than Yemen * James Bartis (sp) of the Denver Post, a lead researcher on our oil numbers said we have more than 2 trillion barrels of untapped oil, more than all the proven reserves in the world. 3) GULL ISLAND IN ALASKA (See Lindsey's book "The Non Energy Crisis") 4) ANWR (Alaska National Wildlife Reserve) * The Ecologists won't be able to protest the oil because they will be as destitute as the rest of us and will be more concerned with putting food on their tables when the dollar collapses, unrest breaks out and total chaos erupts. * The chaos will spread to America. Get out of paper money (into gold, silver) and get prepared to take care of your family with food, water, and essentials. NOTE: THE FEDS HAVE FUNDED THE REVOLUTIONS AND PLANNED EVERYTHING THAT IS HAPPENING MANY YEARS AGO. IF YOU STILL DON'T GET THAT, YOU HAVE SOME MAJOR READING TO DO!