What’s happening in the Middle East?

by Luis R. Miranda
The Real Agenda
February 24, 2011

If the crisis in the Middle East and North Africa blocks oil production in Libya and Algeria, oil prices could explode and reach $ 220 per barrel. According to a new report from Nomura-Tokyo, the simultaneous interruption will reduce the capacity of OPEC to produce 2.1 million barrels a day. During the Gulf War in 1990-1991, oil prices jumped 70% in seven months, when the capacity was reduced to only 1.8 million barrels a day.

Former Secretary of State, Henry Kissinger.

Porter Stansberry, founder of Stansberry & Associates Investment Research, reached the same conclusion. The agreement is the fact that by the end of 2012, the price of oil, which will cross the $ 200 a barrel, will make the dollar collapse as a reserve currency. In addition, there will be no supply of oil from the Middle East. What this means is that everything valued in dollars will be profoundly affected, including personal, business and government debt. Analysts conclude that even Saudi Arabia, which aims to supply the market with more oil, cannot calm the crisis caused by the globalists who control the Middle East, Europe, Asia and America.

Several media reports indicate that Muammar Qaddafi, Libya’s current dictator, intends to sabotage its oil production, which would accelerate the crisis. According to Lindsey Williams, a confidant of two oil producing company directors like Ken Fromm of Atlantic Richfield, the globalists who control the oil supply will violate an agreement made with OPEC in 1977, signed by former Secretary of State Henry Kissinger, where the U.S. and other Western nations pledged not to use its vast reserves and instead buy oil produced in the Arab world. In return, the Arabs would use some of the money received to buy debt issued by the United States. This money has been used to finance the debt-based economic system that America has used for decades. In late 2012, “the agreement will be broken by the globalists,” which will end OPEC’s supply to the Western world. This will force companies to exploit massive reserves in the United States.

Williams provided a detailed account four months ago, that the Middle East would explode in chaos, which is true today in Egypt, Libya, Jordan, Pakistan, and others. The success of his comments are a result of information from first-hand sources, with whom he shared time for many years and who gave him the information. It is precisely these sources who also planned the execution of many of the marches and protests in the Middle East to destabilize the Arab world and unleash their plan that includes the violation of the agreement signed in the seventies. Once the globalists violate the agreement made with the Arabs, they will not have the dollars to purchase U.S. debt, which will further weaken the current reserve currency. Furthermore, any debt bought by Arabs and others like China, will be devalued and lost.

In 1971, Ken Fromm told Lindsey Williams that the producers would not open American reserves until the price of oil reached $ 200 per barrel. This price will be achieved according to various sources in 2012. The lack of oil will bring serious consequences, for the U.S. and the entire planet. Meanwhile, Russia, the largest oil producer of oil today, and China, have signed a deal to give the chinese all the oil and natural gas to develop its economy and become the world’s number one, above the United States.

According to Williams, the globalists will begin exploiting the huge reserves in U.S. territory, which have remained closed as a condition of the agreement signed between Kissinger and OPEC in 1977. Currently, the U.S. Geological Survey (USGS) says, there is a massive oil well right below the states of North Dakota, South Dakota and Montana, with oil reserves of about 503 billion barrels. This oil well runs through the northern border to Canada. The existence of this and other oil wells with oil of the “light sweet” type, has been there forever and the globalists have known it for decades. What is relevant about this detail is that “light sweet” oil requires little or no industrial processing, which means that would be available for use almost immediately.

This oil could be produced at a cost of just $ 16 dollars per barrel, a price that certainly the globalists will not offer to distribution centers. Instead, they will keep the price at $ 200 or more, so that consumers have to pay 7 or 8 dollars at their favorite gas stations. According to Williams, there is enough oil in this well to meet U.S. demand until 2041. To that we must add the other oil reserves in North America hidden beneath the Rocky Mountains, which is considered the largest of all wells available in the world that has not been exploited. According to studies, the available reserves in the Rocky Mountains reach 2 trillion barrels. James Bartis, one of the researchers who participated in the study, said the United States has more oil than any other country in the world, even more than several producers put together. Another massive well is found in Gull Island Alaska.

What will be the results of this massive shift in oil supply? For one, none, because the globalists that cause economic crises, wars and social unrest would still be in power and perhaps more powerful than ever. Analysts believe that a new world will emerge from the disaster that the globalists are causing in the East. In fact, one of the biggest changes will be the imposition of a new reserve currency, given the fact the dollar will not occupy that position anymore. Lindsey Williams says that the people responsible for the actual destruction of America and Western Europe will eventually rebuild these two regions of the planet, but will also have even more power over them.

Intelligence analyst Wayne Madsen, who worked for the National Security Agency (NSA) and is now an investigative reporter in Washington, DC, also agrees with Williams and Tarpley. According to Madsen, the same globalists who caused the conflict in North Africa are also responsible for the protests in Bahrain, Greece, Turkey, Iran and Pakistan. He also agrees with the fact that all these presidents and dictators have been carefully selected and placed around the world to carry out the plans of the globalists, who as payment, now get themselves overthrown. Madsen believes that Mummar Qaddafi will probably end up running out of Libya to any of the dictatorships that he has protected in the region in a matter of days, such as Zimbabwe, Gambia, or even South Africa. In Yemen, Madsen said, the independent movements will regain power from the dictators who have oppressed them for so long.

Historians such as G. Webster Tarpley has agreed with this description in several media appearances in the U.S. and Europe. Tarpley exemplifies actions such as Barack Obama’s speech Wednesday night where he said that his national security team was in the process of negotiating with allies in the world plans to intervene in Libya with the intention to appease any actions considered extreme by the U.S. and its allies. In his speech Obama used demagogic comments to support his points, saying the United States supported the people in the Middle East who are being abused by dictators. Obama however, does not do what he preaches in his own backyard. “The rights to free speech and assembly are inviolable,” said Obama, who allows oppression of American citizens when they express their discontent with the economy or the way Obama himself directs the destiny of the country.

While Obama clearly understands that the conflict in the Middle East is a direct consequence of the actions of his country and the Anglo-Saxon Empire that controls it, he has spared no effort to insist that no Western power was responsible for that conflict. He takes advantage of the fact that many people do not understand the context, history or source of the misery for thousands of Arabs who have been oppressed for many years. What the vast majority of these people do not realize is that they are being subject of a new deception, because those who claim to be helping them, are really giving them more of the same. It remains to be seen if the people allow this to happen or take onto the streets to demand accountability, but for real, without being duped, once again, by those who have kept them inside the current neo-feudal system for decades.


Peak Oil no More

Ambrose Evans-Pritchard

So there is plenty of oil and gas after all. Prices will tumble along gently until well into the next decade. We are becoming more

The existence of massive abiotic oil reserves around the world has confirmed that Peak Oil is just a lie.

efficient in our use of energy, with 3pc extra savings annually. That is a faster pace than the rising real cost of fuel. Mankind will not run out of fuel for a very long time.

That at least is the story today from the International Energy Agency. Their medium-term outlook for fossil fuel markets is a dazzling contrast with last year’s warnings that a combination of break-neck industrialisation in China and lack of investment in new oil fields (thanks to the credit freeze) would exhaust global spare capacity by 2013.

The IEA said then that we would need “four new Saudi Arabias” within a generation to cope with the rise of China, and there were no such Saudi Arabias in sight. Such are the perils of forecasting the volatile variables of supply and demand for oil.

What has changed – apart from human emotions? For starters, the global gas market has been undergoing a revolution as a result of a) liquefied natural gas, a technology that is only just coming into its own and allows countries such as Qatar to ship their once useless reserves of gas on frozen hulls across the world; LNG output will increase by 50pc from 2008 to 2013. Actually, this is not that new, but never mind.
b) advances in US gas extraction from rock, which have turned the US into the world’s biggest producer of gas. Europe is jumping on the bandwagon. “The development of unconventional gas in North America is of global significance,” said the agency. Indeed it is. The knock-on effects run right through the energy complex.

The IEA now expects spare capacity of oil to remain at a comfortable 3.5m barrels a day (bpd) in 2015, with consumption edging up by an extra 1m bpd each year to around 90m bpd (or 92m if global growth is stronger). All this is quite manageable. It talked of a “gentle nominal price escalation through mid-decade, with prices rising from $77 to $86″.

The alarmist stories we heard last year from certain City banks about collapsing supply (I will spare the names) were wildly wrong. The IEA’s upward revisions from 2009 come from the US, Russia, Colombia, Canada, Mexico, Norway, Egypt, and even the UK (+80,000).

Supply is rising from off-shore Brazil, the Caspian, Canadian oil sands, and biofuels, offsetting declines in the North Sea. Non-OPEC output will actually grow from 51.5m (bpd) to 52.5m by 2015. No crisis there … Latin America will jump from 3.9m to 5.1m, the old Soviet bloc from 13.3m to 13.8m.

On the demand side, America’s gasoline use is slowly “evaporating”. Consumption is falling by 0.6pc a year. This will continue after the new standard of 35.5 miles per gallon for light vehicles that came into force in April. Battery technologies for electric vehicles are on the cusp of a break-through, so long as lithium does not run short, (Half the world’s reserves are in Bolivia). Japanese researchers have built an 8-wheel prototype with a motor in each wheel that massively extends battery life because less energy is lost. “The transportation game-changer is just beginning,” said the IEA.

There are “demand risks”. Large parts of Asia, Latin America, and the Mid-East are at cusp of the “critical oil demand ‘take-off’ zone of $3,000 to $4,000 per capita income” when use explodes – ie, when they move from bicycles to scooters to cars, and install air-conditioning. Demand from emerging economies will make up 52pc of total global consumption by 2015. ( The rich countries have already hit the “S Curve” of saturation, followed by a long slow slide).

I am not an oil expert, just a curious spectator like many readers. I keep an eye on energy markets because they are a window into the global economy and the world’s strategic system.

I pass on the report without taking any particular view, and would be interested in your thoughts. My own suspicion is that Peak Oil has not been conjured away quite so easily as the IEA suggests, especially after BP’s debacle in the Gulf of Mexico.

At the very least, the marginal cost and risk cost of deep-sea drilling has rocketed. This must affect projects off Brazil, Angola, the Norwegian Arctic, and up in Russia’s `High North’. If the spill keeps gushing into the Autumn it may do to sea drilling, what Three Mile Island did to the US nuclear industry for thirty years.

Jeremy Leggett from Solarcentury and a member of the UK’s Task Force on Peak Oil argues that Big Oil has systemically overstated reserves for years to inflate share prices, shielded by captive regulators. Their deception compares to the systemic errors of the banks in the credit crunch, but ultimately on a bigger scale and with potentially more nefaste consequences.

I reserve my judgement on this. The energy market is infuriatingly opaque. But on balance, I think IEA was closer to the truth last year.

Bilderberg Gives Green Light to Attack Iran

PrisonPlanet.com

The 2010 Bilderberg agenda has been revealed by veteran Bilderberg sleuth Jim Tucker and it paints a picture of crisis for the

War with Iran may be around the corner now that Bilderberg has given the official approval.

globalists, who are furious at the increased exposure their gatherings have received in recent years, as well as being dismayed at their failure to rescue both the euro and the failing carbon tax agenda, but more alarmingly according to Tucker, the majority of Bilderberg members are now in favor of military air strikes on Iran.

American Free Press muckraker Tucker has proven routinely accurate with the information he obtains from sources inside Bilderberg, which makes this year’s revelations all the more intriguing.

According to Tucker, Bilderberg luminaries are dismayed at the fact that “many important people” are not attending this year because, due to increasing exposure, invitees are “getting in trouble at home” and constituents are embarrassing them by asking irate questions such as “what are you doing with these monsters?”

“All these people are exposing us, we get all this mail and calls,” Tucker paraphrased Bilderberg members as complaining.

This dovetails with the revelations overheard by Guardian journalist Charlie Skelton at the Hotel Dolce Sitges before the meeting began when he heard conference organizers lamenting the fact that protest numbers are growing at Bilderberg events each year and that they represent a “threat” to Bilderberg’s agenda.

In addition, prominent Bilderberg Zbigniew Brzezinski, the man who warned recently that a “global political awakening” was threatening to derail the move towards global government, was expected to be in attendance at this year’s meeting.

Tucker named his source as an international financial consultant who personally knows Bilderberg members and has done business with them for the past 20 years.

Turning to Iran, Tucker said that many Bilderberg members, including Brzezinski, were in favor of U.S. air strikes on Iran and were “leaning towards war,” although 100 per cent of members were not supportive of an attack.

“Some of them in Europe are saying no we shouldn’t do it but most of them are in favor of American air strikes on Iran,” said Tucker, adding, “They’re tilting heavily towards green lighting a U.S. attack on Iran.”

An attack on Iran would provide a welcome distraction to the globalists’ failings in other areas and would also allow them to war profiteer, pointed out Tucker.

On the subject of the euro, Tucker said that the Bilderberg elitists were determined to save the single currency even as it collapsed to a new 4-year-low at $1.19 against the dollar yesterday afternoon. As we have highlighted, the globalists are panicking at the euro’s fall and the ECB keeps intervening to try and hasten its decline. If the euro were to cease to exist, it would all but derail the ultimate agenda for a global currency because the perceived stability of using one currency for a plethora of nations would be discredited.

“The euro is important because it’s part of their world government program, they’re very downbeat because they’ve fallen so far behind,” said Tucker, explaining that the globalists had planned by now to have the European Union, the American Union and the Asia-Pacific Union already up and running.

With regard to the climate change agenda, on which subject Microsoft founder Bill Gates was personally invited to the conference to discuss, Tucker said that Bilderberg were still intent on pushing it in pursuit of a carbon tax despite the fact that the whole move was massively eviscerated in the aftermath of the Climategate scandal.

Tucker quoted one Bilderberg member as all but admitting defeat on the mission to hoodwink the public into paying taxes in the name of fighting global warming.

“On climate change, we’re about whipped,” said one of the elitists in attendance.

However, Tucker said that the globalists were working on putting out more climate change propaganda “even as we speak”.

On the issue of the BP oil spill, the Bilderbergers made it clear that President Obama’s apparent “outrage” at BP and his threat of criminal procedures against the company was an little more than an act and that British Petroleum, who have been represented at Bilderberg meetings in the past by people like Peter Sutherland, former non-executive chairman of BP, were still “one of our brothers,” according to the elitists.

The future of oil prices are always an important topic to Bilderberg and the leaks Tucker and other investigators relayed from previous Bilderberg meetings were proven accurate when oil prices hit $150 a barrel in 2008, which was precisely what Bilderberg had called for.

“Gas prices are going to be nice and cheap this summer,” said Tucker, adding that they would start to rise again to the $4 a gallon level around November when artificial scarcity is created.

On the march towards anti-democratic global government, Bilderberg members stated that America must be “Europeanized” and turned into a giant socialist welfare state with health rationing and higher income taxes.

Tucker said hat Bilderberg were intent on mandating a bank tax paid directly to the IMF to fund global governance and a global treasury department under the IMF, and that this would then merely be passed on to the consumer.

In summary, Tucker said that this year’s conference was the most downbeat and pessimistic Bilderberg meeting in history, with massive exposure of their agenda acting as a roadblock to the ultimate goal of an authoritarian world government run by the elite, for the elite.

BP, Federals Hid Massive Oil Spill Video

Just as everyone suspected, BP and the Federal Government of the United States were and still are truly ‘in bed’.  Recent video released on ABC, shows that BP hid early video feeds from not one, but at least three oil leaks gushing out millions of gallons of crude into the waters of the Gulf of Mexico.

The calculations of thousands or hundreds of thousands gallons a day were not even close to the disaster covered-up by two criminal entities that, from the very beginning decided to censor the video feeds, but that now are blaming each other for not making it available to the public.  According to ABC, BP now alleges the Coast Guard had the video in their hands all the time, while the Coast Guard itself says BP did not give them permission to make the video available.

See ABC’s report below.

In the meantime, it is estimated that British Petroleum will collect, despite the oil disaster, a total profit of $ 10 billion for 2010.  BP assured shareholders that not only will they have their investments multiplied, but that the company is a strong financial position to sort out all expenses related to the oil spill cleaning work.  The cost of the spill has been estimated in the tens of billions of dollars.

According to the Raw Story, “BP’s dividend ratio is now at 7.4 percent per year, more than twice the average payout of companies listed in the S&P 500. This means that US investors who hold BP stock effectively earn 7.4% interest on their shares — more when US tax law is taken into account — in addition to any gains or losses as a result of price shifts in the stock’s value.”

BP’s Top Kill Procedure fails as Coast Guard Blocks Media Access

Natural News

BP officials have announced today that the “top kill” effort to stop the Gulf oil leak has failed. Unanticipated problems doomed the project, which involved trying to pump tens of thousands of gallons of mud, shredded rubber tires and other “junk” into the hole to try to halt the outflow of oil.

At 6pm Saturday evening, BP officials announced the “top kill” effort had failed and now they were moving on to another plan (more below).

I am on site at the Gulf Coast right now, and while I haven’t reached the areas where oil is washing up on the beaches, I’m learning some interesting information nonetheless. In particular, finding a hotel room anywhere near New Orleans has become virtually impossible, as BP has rented out virtually every available hotel room from St. Charles, Louisiana all the way to Pensacola, Florida. (I am currently staying in a fleabag hotel that miraculously has internet access…)

But it raises the question: Where are all these people? I haven’t seen a single BP person anywhere, and I was out on some beaches today filming editorial segments for NaturalNews. I did see some small watercraft laying out protective barriers, but I didn’t see any BP people anywhere.

I’ll keep you posted on what we find tomorrow as we approach the beaches to the East of New Orleans.

Expect more oil for the next 10 weeks

Now that the top kill effort has failed, it means oil will keep spewing into the Gulf of Mexico until at least August. That’s when two “pressure release” wells are expected to be completed. The purpose of these two wells is to siphon off the oil from underneath the ocean bed, thereby releasing the pressure that’s currently pushing crude oil out of the existing hole under the doomed Deepwater Horizon rig.

This “plan C” effort remains extremely risky, of course. There’s no guarantee it will work at all. And if it fails, this “volcano of oil” could continue to pollute the Earth’s oceans for years. This could, in fact, be the global killer event I warned about in an earlier story about this BP oil spill. (http://www.naturalnews.com/028805_G…)

We could be looking at a global-scale environmental catastrophe that destroys virtually all marine life in the Gulf of Mexico and takes a century to fully recover. It’s really that bad. If they can’t stop this volcano of oil in the next week, we could be looking at the single most destructive environmental catastrophe ever to strike our planet since the asteroid that wiped out the dinosaurs.

Get ready for more chemicals

In the mean time, now that the top kill effort has failed, BP has announced it is resuming the spraying of chemical dispersants into the massive oil plumes that remain deep under the surface of the Gulf of Mexico water. This means more chemicals that will kill more forms of marine life throughout the Gulf.

But it’s not just aquatic life that’s being threatened by these chemicals: BP workers are increasingly being sent to the hospital complaining of symptoms like vomiting, dizziness, difficult breathing and others. The obvious cause of such symptoms is the huge amount of crude oil bubbling up to the surface (some of which evaporates into the air) along with the massive injection of chemical dispersants into the waters (some of which also evaporates). CNN is reporting that BP claims it is monitoring air quality, but so far BP has not gone public with any air quality test results.

None of the cleanup workers have been outfitted with chemical masks that might protect them from the volatile chemicals now present in the Gulf waters. Yet CNN is reporting that the warning label on the chemical product made by NALCO states: “Avoid breathing vapor.”

The EPA, meanwhile, remains silent on this whole issue. Remember: It is the EPA that ordered BP to stop using its selected brand of chemical dispersant, but BP utterly ignored the EPA and continues to dump that very same chemical into the Gulf of Mexico right now.

A chemical attack on America

What we are watching here, folks, is very nearly a chemical attack on America by BP and the oil industry. It’s hard to say what’s worse: The oil or the chemical dispersants. In fact, no one knows the answer to that question, and it can’t even be studied by scientists because the disaster keeps growing by the day.

This is one environmental catastrophe that just keeps getting worse, and the cost to the marine ecosystem is incalculable. And that’s not to even mention the economic cost to the region and all the people who depend on life in the Gulf of Mexico for their own livelihoods. Their lives are now being destroyed by this oil drilling catastrophe.

If there’s one lesson that comes from all this, it is a reminder of the immense value Mother Nature provides us each and every day at no charge. The VALUE of a healthy ocean is incalculable. And the COST of killing it may be more than what human civilization can bear.

I suppose this resolves the whole question of what’s more important: The environment or the economy? As we’re rudely discovering today, the economy cannot exist without protecting the environment first.