Something to reflect on!

    Hi.

    The price of oil in early August 2013 was floating between $90.00 and $96.00 per barrel.

    Then it shot up and yesterday it was $109.00 per barrel.

    I believe that there is a high committee of very elite persons who decide on the price of oil every day. They sit on very fine leather seats in a fine oak paneled board room in Wall Street, New York.

    What they have done by increasing the price of oil by an $16.00 to $19.00 per barrel, is to hand over to Saudi Arabia an extra:

12,000,000 x $19 = $228,000,000/day extra.

 

    12,000,000 is the daily oil export of Saudi Arabia.

    This means that for 365 days per year they require the world to hand over an extra $83.22 billion per year to the House of Saud.

    Exxon may feel the capitalistic need for ever more money. However, does the House of Saud really need this extra money. They have such modest and un-extravagant needs

    And all the reasons, rationalizations and excuses these Wall Street Committee palmed off on us for THE NEED for extra increase in the price of oil is just BS because it is always about fear of this and fear of that.

    The best treatment for fear is VALIUM as every doctor knows. It is not by increasing the price of oil. And I am a Western trained and licensed medical doctor in Canada.