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No Oil Production Cuts…

Cut Oil Production?

Russia says, “NO!”

OPEC says, “NO!”

USA says, “?” – They just frack the country to death and to hell with the people…

I have to smile and realize that OPEC and Russia are in for the long-term. They both have years of extra money to ride out the games being played and pressure aside; By God lets allow the west to hang themselves. The rope has been supplied and tied to the tree, now all they have to do is watch and wait…

This is called war…

I have been for years now watching the death throes of the Western Empire and it has become a daily show, actually lately, it has become an hourly show and it is not funny at this point. Empires die terrible deaths and we are witnessing the mother of all empires dying…

The fracking of oil in the US is riding on an ungodly amount of debt. The whole scheme was built on debt manipulation and if the price keeps dropping, many are going to lose big time. Lets just stay with that and not even look hard at the bad side of fracking to the world, people and creatures on earth. We have taken pollution in America to another whole new level, we should be proud… 🙁

OPEC is watching and Russia is watching what the Western Empire, lead by the Greed Kingdom of the USA is doing and seriously, it can not get much more messed up and not have a war of World War status, starting…

* * * * * * * * * *

Extra: Frack Baby Frack…

Posted by Kyle Keeton
Windows to Russia…

2 Comments

  1. MOI November 29, 2014

    Nice article…will refer back to it …:)

  2. kKeeton Post author | December 1, 2014

    In 1986, the Saudis opened the spigot and sparked a four-month, 67 percent plunge that left oil just above $10 a barrel. The U.S. industry collapsed, triggering almost a quarter-century of production declines, and the Saudis regained their leading role in the world’s oil market.

    So while no one expects the Saudis to ramp up output now like they did then and U.S. shale oil companies are pledging to keep drilling regardless, the memory of that bust looms large for American industry executives on the eve of OPEC’s meeting tomorrow. As the Saudis gather with officials from the 11 other OPEC nations in Vienna, analysts are split on whether the group will cut output to lift prices or leave production unchanged to fight for market share with shale drillers.

    “1986 was the big price collapse and the industry did not see it coming,” said Michael Lynch, president of Strategic Energy and Economic Research in Wakefield, Massachusetts, who has covered the oil sector for 37 years. “It put a lot of them out of business. You just don’t forget it. It’s part of the cultural memory.”

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