Monday, February 28, 2011

Oil could bust economic bubble

With oil prices reaching new highs due to the Arab uprisings, its thought this could be just the start of a bumpy ride. Surging fuel costs in the US are threatening to derail the country's recovery. And, as RT's Lauren Lyster reports, the political price may be too high for the Obama administration.

T Boone Pickens, Oil Price could go to $150

T. Boone Pickens on Bloomberg Television : T. Boone Pickens appeared on Bloomberg Television's "Surveillance Midday" with Tom Keene this afternoon to discuss the effect on Oil prices of the unrest in the Middle East and North Africa on oil and reiterate his call for the U.S. to come up with a comprehensive energy plan. He said that American consumers are "paying for both sides of the war" in Afghanistan because "some of the money you pay for OPEC oil is going to the Taliban."

Saturday, February 26, 2011

Oil Going To $200 a Barrel Lindsey Williams

Lindsey Williams on the National Intel Report 2-25-2011



Pastor Lindsey Williams, who has been an ordained Baptist minister for 28 years, went to Alaska in 1971 as a missionary. The Transalaska oil pipeline began its construction phase in 1974, and because of Mr. Williams' love for his country and concern for the spiritual welfare of the "pipeliners,&quot ; he volunteered to serve as Chaplain on the pipeline, with the subsequent full support of the Alyeska Pipeline Company. Because of the executive status accorded to him as Chaplain, he was given access to information documented in his eye opening book, The Energy Non-Crisis.
After numerous public speaking engagements in the western states, certain government officials and concerned individuals urged Mr. Williams to put into print what he saw and heard, stating that they felt this information was vital to national security. Mr. Williams firmly believes that whoever controls energy controls the economy. Thus, The Energy Non-Crisis.
OIL & GAS MARKET