The Real Reason for Falling Oil and Gas Prices

OPIC was created to put a floor on oil prices. Now if that is the case, why don't OPIC cut oil production? This will cut supply of oil in the world and stabilize prices. From this, you can see that the Saudi Arabian Government, the major country in OPIC can care less about stopping falling oil prices.

 

I hear people say that we are getting a tax cut for Christmas. No, prices are falling because the world is awash with oil. The flip side of that is the higher cost oil production in the US will have to shut down US oil wells. Fewer well permits are already happening.  This means unemployment for oil workers and oil supply workers.

 

What many people in America do not know is that the United States has more enemies around the world than what Americans realize. Saudi Arabia wants the US to shut down new oil wells. Iran and Russia is trying to get away from pricing oil in dollars.  When this video below was made on November 26, 2014, oil prices were in the $70 range. December 10, 2014, oil prices closed at $63.82 and the stock market lost 268.08 points.

 

The markets are starting to sense that more is going on than just falling oil prices. 

 

Darnell L Williams

This is all because the bankers and politicians are trying to cover their own asses.

Look at this video below by clicking on the picture. If that does not work, click on the https link below.

 

https://www.youtube.com/watch?v=PRrwmrZ0sAQ

 

The Real Reason for Falling Oil and Gas Prices  

 

Christopher Greene of AMTV explains the real reason for falling oil and gas prices.  

Here is why I am buying oil stocks. You buy oil stocks when no one wants them. When supply falls because of the oil war, prices will rise and take oil company stock prices with it. You the speculator or investor make out like a bandit!