Showing posts with label coming deflation. Show all posts
Showing posts with label coming deflation. Show all posts

A Very Dark And Dangerous Side To Lower Oil Prices

As we all rejoice at the lower gas prices at the pump, we must be cognizant of the fact that these prices are the result of sheer manipulation by our "friends" the Saudis.
In the long run the Saudis will win, and the US petroleum and shale producers will lose. The cost to drill and produce will exceed any returns; thus driving the US producers out of business and insuring not only our dependence upon foreign oil, but the continued financing of those who wish to destroy us. 
Meanwhile, the movers and shakers continue to finance "green" projects under the guise of clean energy. Perhaps they are more interested in making a fast buck than in the energy self-sufficiency and overall economic health of America. 

The  following article gives a rather depressing analysis of the situation and details possible repercussions of the above machinations.