Breaking news out of Vienna, Austria.

saw this on some australian site and thought I should share

Progress at the OPEC 168th annual meeting screeched to a halt amid escalating chaos as member countries – Venezuela, Libya, Iran, and Nigeria – openly battle with Saudi Arabia over the cartel's future.

Details are still coming in, but here's what we know so far:

Oil prices have just hit a 7-year low, sliding below $36 per barrel for the first time since the 2009 global financial crisis…

And the expert named Wall Street's #1 commodity trader predicts we could see the fall continue to $10 per barrel.

Although OPEC blames an existing supply glut, a United States intelligence insider believes the real reason has been hidden until now...

In fact, a shocking discovery has unlocked a massive supply of free fuel. Enough fuel to power the entire globe for 36,000 years.

This fuel is so cheap, so abundant, and so easy to access, that Fortune 500 companies – including Google, Apple, and Facebook – are spending billions to get on board...

At the same time, every major energy player on the planet is turning their back on oil in favor of this fuel.

In fact, the U.S. Department of Defense invested $7 billion in a single day. And billionaires – Warren Buffett, George Soros, and Bill Gates – are dumping oil stocks in favor of this fuel.

Make no mistake: This is the beginning of the end for Big Oil, OPEC, and even the Saudi Royals.

This is happening now. Amazingly, the full story starts with simple grains of sand...

http://moneymorning.com/ext/articles/new-fuel/the-end-of-big-oil-ob.php?iris=436001

Cc:LalasticlaLa, seun

Ok. We are watching! The same people that gave oil the allure, value, and desire it has wants to take it... who are we den to say no? #LifeIsNotWithoutAsenseOfIrony

Nonsense writeup.

What exactly are you saying here?
****walks out of thread*******

braine:
Nonsense writeup.

GBAM!!!! the OP is high, he failed to name the alternative fuel and the main reason crude is going down is that 50 years ago the means of accessing crude was limited but now because of advancement in drilling equipment its now easy to access it and secondly Americans are converting shale into fuel there by driving the demand for crude down.

HOW DOES THIS AFFECT CORRUPTION









HOW DOES THIS FIGHT CORRUPTION

Awa oyel

Is this article genuine?
Any details on the kind of free fuel it is and if it can run on the same engines as petrol or the likes?
This could really spell doom oh if true..

HPB

ok

If only people would read. Follow the link and read @those posts above me.

If this is true and not internet hoax. This is snm.

OP what is this trashed you posted up there?.
What is the name of the cheap fuel?

Demmocrats:



GBAM!!!! the OP is high, he failed to name the alternative fuel and the main reason crude is going down is that 50 years ago the means of accessing crude was limited but now because of advancement in drilling equipment its now easy to access it and secondly Americans are converting shale into fuel there by driving the demand for crude down.

Exactly!
The technology keeps getting better too. The US have become so self reliant to the extent that Obama called Canada's oil dirty, and rejected a $7 Billion pipeline project to convey Canada's oil from the Athabasca fields to refineries in Illinois and Texas...
Low priced oil is going to be around for a longtime.
Canada's only hope now is to try and sell it's oil via the pacific ocean to China.

@OP, the rubbish you posted is an advertorial by some dodgy scam site. I clicked the link, and the sites tries to force you to purchase some secret details about this ''hidden'' fuel.

saxywale:

Exactly!
The technology keeps getting better too. The US have become so self reliant to the extent that Obama called Canada's oil dirty, and rejected a $7 Billion pipeline project to convey Canada's oil from the Athabasca fields to refineries in Illinois and Texas...
Low priced oil is going to be around for a longtime.
Canada's only hope now is to try and sell it's oil via the pacific ocean to China.

@OP, the rubbish you posted is an advertorial by some dodgy scam site. I clicked the link, and the sites tries to force you to purchase some secret details about this ''hidden'' fuel.

And the US Congress just lifted a 40-yr ban on the export of US crude. So expect oil to be selling for $15 in the next few years.
Unfortunately, this would lead to, at least, a 55% cut in the federal and state civil services.

Why is the price of oyel falling gaan self?

Op your write up is not properly articulated

Crap. Glut is caused by isis pumping cheap oil into d market. Traders dont car whether isis is evil or not. Money speaks

where those awa oil crew.

Agent of darkness ,all what they see is doom

*Please whoever has posted this*

This is probably a word for word copy of an advert from an pooled funds manager or crowd source fund manager to attract investments into an alternative energy venture.

Demmocrats:



GBAM!!!! the OP is high, he failed to name the alternative fuel and the main reason crude is going down is that 50 years ago the means of accessing crude was limited but now because of advancement in drilling equipment its now easy to access it and secondly Americans are converting shale into fuel there by driving the demand for crude down.

Thank you! You have said all the reasons why I called it nonsense. I just didn't want to waste my time telling op.

d only tin keeping d zoo is oyel.

ok