If the crisis in the Middle East and North Africa blocks oil production in Libya and Algeria, oil prices could explode and reach $ 220 per barrel. According to a new report from Nomura-Tokyo, the simultaneous interruption will reduce the capacity of OPEC to produce 2.1 million barrels a day. During the Gulf War in 1990-1991, oil prices jumped 70% in seven months, when the capacity was reduced to only 1.8 million barrels a day.
Porter Stansberry, founder of Stansberry & Associates Investment Research, reached the same conclusion. The agreement is the fact that by the end of 2012, the price of oil, which will cross the $ 200 a barrel, will make the dollar collapse as a reserve currency. In addition, there will be no supply of oil from the Middle East. What this means is that everything valued in dollars will be profoundly affected, including personal, business and government debt. Analysts conclude that even Saudi Arabia, which aims to supply the market with more oil, cannot calm the crisis caused by the globalists who control the Middle East, Europe, Asia and America.
Several media reports indicate that Muammar Qaddafi, Libya’s current dictator, intends to sabotage its oil production, which would accelerate the crisis. According to Lindsey Williams, a confidant of two oil producing company directors like Ken Fromm of Atlantic Richfield, the globalists who control the oil supply will violate an agreement made with OPEC in 1977, signed by former Secretary of State Henry Kissinger, where the U.S. and other Western nations pledged not to use its vast reserves and instead buy oil produced in the Arab world. In return, the Arabs would use some of the money received to buy debt issued by the United States. This money has been used to finance the debt-based economic system that America has used for decades. In late 2012, “the agreement will be broken by the globalists,” which will end OPEC’s supply to the Western world. This will force companies to exploit massive reserves in the United States.
Williams provided a detailed account four months ago, that the Middle East would explode in chaos, which is true today in Egypt, Libya, Jordan, Pakistan, and others. The success of his comments are a result of information from first-hand sources, with whom he shared time for many years and who gave him the information. It is precisely these sources who also planned the execution of many of the marches and protests in the Middle East to destabilize the Arab world and unleash their plan that includes the violation of the agreement signed in the seventies. Once the globalists violate the agreement made with the Arabs, they will not have the dollars to purchase U.S. debt, which will further weaken the current reserve currency. Furthermore, any debt bought by Arabs and others like China, will be devalued and lost.
In 1971, Ken Fromm told Lindsey Williams that the producers would not open American reserves until the price of oil reached $ 200 per barrel. This price will be achieved according to various sources in 2012. The lack of oil will bring serious consequences, for the U.S. and the entire planet. Meanwhile, Russia, the largest oil producer of oil today, and China, have signed a deal to give the chinese all the oil and natural gas to develop its economy and become the world’s number one, above the United States.
According to Williams, the globalists will begin exploiting the huge reserves in U.S. territory, which have remained closed as a condition of the agreement signed between Kissinger and OPEC in 1977. Currently, the U.S. Geological Survey (USGS) says, there is a massive oil well right below the states of North Dakota, South Dakota and Montana, with oil reserves of about 503 billion barrels. This oil well runs through the northern border to Canada. The existence of this and other oil wells with oil of the “light sweet” type, has been there forever and the globalists have known it for decades. What is relevant about this detail is that “light sweet” oil requires little or no industrial processing, which means that would be available for use almost immediately.
This oil could be produced at a cost of just $ 16 dollars per barrel, a price that certainly the globalists will not offer to distribution centers. Instead, they will keep the price at $ 200 or more, so that consumers have to pay 7 or 8 dollars at their favorite gas stations. According to Williams, there is enough oil in this well to meet U.S. demand until 2041. To that we must add the other oil reserves in North America hidden beneath the Rocky Mountains, which is considered the largest of all wells available in the world that has not been exploited. According to studies, the available reserves in the Rocky Mountains reach 2 trillion barrels. James Bartis, one of the researchers who participated in the study, said the United States has more oil than any other country in the world, even more than several producers put together. Another massive well is found in Gull Island Alaska.
What will be the results of this massive shift in oil supply? For one, none, because the globalists that cause economic crises, wars and social unrest would still be in power and perhaps more powerful than ever. Analysts believe that a new world will emerge from the disaster that the globalists are causing in the East. In fact, one of the biggest changes will be the imposition of a new reserve currency, given the fact the dollar will not occupy that position anymore. Lindsey Williams says that the people responsible for the actual destruction of America and Western Europe will eventually rebuild these two regions of the planet, but will also have even more power over them.
Intelligence analyst Wayne Madsen, who worked for the National Security Agency (NSA) and is now an investigative reporter in Washington, DC, also agrees with Williams and Tarpley. According to Madsen, the same globalists who caused the conflict in North Africa are also responsible for the protests in Bahrain, Greece, Turkey, Iran and Pakistan. He also agrees with the fact that all these presidents and dictators have been carefully selected and placed around the world to carry out the plans of the globalists, who as payment, now get themselves overthrown. Madsen believes that Mummar Qaddafi will probably end up running out of Libya to any of the dictatorships that he has protected in the region in a matter of days, such as Zimbabwe, Gambia, or even South Africa. In Yemen, Madsen said, the independent movements will regain power from the dictators who have oppressed them for so long.
Historians such as G. Webster Tarpley has agreed with this description in several media appearances in the U.S. and Europe. Tarpley exemplifies actions such as Barack Obama’s speech Wednesday night where he said that his national security team was in the process of negotiating with allies in the world plans to intervene in Libya with the intention to appease any actions considered extreme by the U.S. and its allies. In his speech Obama used demagogic comments to support his points, saying the United States supported the people in the Middle East who are being abused by dictators. Obama however, does not do what he preaches in his own backyard. “The rights to free speech and assembly are inviolable,” said Obama, who allows oppression of American citizens when they express their discontent with the economy or the way Obama himself directs the destiny of the country.
While Obama clearly understands that the conflict in the Middle East is a direct consequence of the actions of his country and the Anglo-Saxon Empire that controls it, he has spared no effort to insist that no Western power was responsible for that conflict. He takes advantage of the fact that many people do not understand the context, history or source of the misery for thousands of Arabs who have been oppressed for many years. What the vast majority of these people do not realize is that they are being subject of a new deception, because those who claim to be helping them, are really giving them more of the same. It remains to be seen if the people allow this to happen or take onto the streets to demand accountability, but for real, without being duped, once again, by those who have kept them inside the current neo-feudal system for decades.