The end of OPEC and "Peak-Oil" is real

OPEC is becoming a shell of it's former self, just another "Paper-Tiger"! Nonetheless, "Peak-Oil" is still happening whether the price of oil is too high or too low, it will still happen, regardless. If the price get's too low, nations and oil companies won't invest in alternatives or even bother finding any new oil, much less investing in infrastructure. These are all more signs!

Category:

News & Politics

Tags:

• Peak-Oil
• OPEC
• U.S.A.
• IEA
• Prophecy
• Holy-Bible
• Endtimes-Signs

[jimbobubbadj]

Great narration and great job talking about Opec and peak oil but the scrolling religious messages distract from the peak oil message. I had to scroll down until the video disappeared. Peace out.

[jimbonumber9]

@jimbobubbadj It's not about religion, it's about prophecy and they don't distract from the peak-oil message, they can only add to the urgency of the times. Because, it's about what kind of world are we leaving to the future generations. In other words, if it's not right, God will make it right. All systems that must change, must change quickly, and for the better. Everything is connected and everything is numbered.

[InnocentByproduct]

Oil prices have dropped for two reasons: supply and demand.

DEMAND: The prices got so high that many third world nations could no longer buy as much as they used to (this is called "demand destruction").

SUPPLY: OPEC begrudgingly agreed to increase production back in May. They have now glutted the market and driven the price down.

But not for long.

OPEC has another meeting scheduled for December 17. They will likely decide to cut production. Prices should increase again by March.

[WolYou]

There isn't enough OPEC oil available to change the down-course of oil demands. Their biggest elephant field spits more water than oil. Increasing production will just get the money out of their ressources before the majority of the countries turn away from oil and focussing on alternatives. OPEC hoaxed their reports and increased their reserves on the paper. This is a profoundly corrupted profit system.

[jimbobubbadj]

@glennjgd Nothing is free. Study the subject of entropy.