Oil is $63 a Barrel, Lindsey Williams Predicted $50

Oil is $63 a Barrel, Lindsey Williams Predicted $50

October 27, 2008, 10:01 am
Filed under: 2008 Election, Alex Jones, Amero, asia, Australia, BP, Britain, Canada, China, Control Grid, Credit Crisis, DEBT, Dollar, dubai, Economic Collapse, economic depression, Economy, Europe, european union, exxon mobil, Federal Reserve, gas prices, global economy, global elite, global government, Globalism, Great Depression, Greenback, hyperinflation, Inflation, internationalist, internationalists, Iran, Japan, John McCain, kuwait, Lindsey Williams, london, manipulated economy, manipulated oil prices, manipulated prices, market manipulation, Mexico, middle east, muslims, neocons, New World Order, North American Union, Oil, OPEC, Petrol, price fixing, Saudi Arabia, single currency, Stock Market, United Kingdom, US Economy, Wall Street | Tags: global currency, global currency system, globalization, Mohammad Ali Khatibi, oil bourse, oil cut, one world currency, shell, Stanley Monteith, t-bills, the energy non crisis

Lindsey Williams Predicted Oil Will Be $50 a Barrel
Insider of the Global Elite was told: “Price of crude oil is going down to $50 a barrel. . . gas will be $2 to $2.50 a gallon” (1st video @ 7:11). “The entire Arab world will be bankrupt” (2nd video @ 7:34) “. . . you are going to shout and dance on the street at $2 a gallon and mark my words within 3-4 weeks time you are going to shutter in your boots because the dollar is going to go to zero, they’ll have an excuse to bring in the North American Union, they will be able to issue a new currency . . .” (3rd video)

http://www.youtube.com/watch?v=9h6Nzr_8lKI
Video 1

http://www.youtube.com/watch?v=Fke1xjLLn-E
Video 2

http://www.youtube.com/watch?v=FeuvaE9Ia7A
Video 3

 

Lindsey Williams on Alex Jones Show, October 26, 2008

http://www.youtube.com/watch?v=Xr1SyiSk3dM

http://www.youtube.com/watch?v=-QBB2QHzon4

http://www.youtube.com/watch?v=eBq5yGpfe4E

 

Oil falls to $63, OPEC plans on cutting supply of oil

AP
October 26, 2008

Oil prices fell to 17-month lows at $63 a barrel Monday in Asia as investors weighed Friday’s OPEC output cut against growing evidence of a severe global economic slowdown that would undermine crude demand.

Light, sweet crude for December delivery fell 32 cents to $63.83 a barrel in electronic trading on the New York Mercantile Exchange by midday in Singapore.

Investors brushed off a 1.5 million barrel-a-day cut announced by the Organization of Petroleum Exporting Countries on Friday, focusing instead on falling crude demand as economies across the globe reel from the impact of a credit crisis.

On Friday, oil fell $3.69 to settle at $64.15. Prices have plunged 57 percent from a record $147.27 on July 11.

“The mood is fairly negative reflecting worry about the international economic outlook,” said David Moore, a commodity strategist at Commonwealth Bank of Australia in Sydney. “If there is further weak economic data in the U.S. or Europe, prices could come under more downward pressure.”

Iran’s OPEC governor Mohammad Ali Khatibi said Sunday a reduction in production “will be considered” at the group’s next meeting in Algiers in December — a meeting that might even be held early if necessary.

“I thought the OPEC cut was a fairly decisive act, but concerns of recession in the major economies remain dominant,” Moore said. “OPEC’s cut does take a step toward tightening the market.”

Read Full Article Here

Largest Drop Ever In Gas Prices
http://www.reuter..dName=domesticNews&rpc=22&sp=true

Oil Can Fall to $50-$60 if Credit Stays Tight
http://www.cnbc.com/id/27160853

Oil down 50pc from July high
http://www.telegraph.co.uk/finance/finance..-July-high.html

 

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