The Pyramid moving on a parallel board, note the pricing implications to US resources on the open market, Commodities plays that roil the markets and prices...
And make them Billions as they know what is coming and play it all the ways they can...
And then they find the next "crisis" to manipulate, Climate "Change" which birthed Carbon Trading schemes is not dead just yet...
Water Futures...
Watch and See...
A little side benefit after ISIS takes it on the nose (which is a good thing).
And all those places that want to add more tax to gasoline? Well, get ready for the price increase.
Petro Ping.
Even a blind liberal could see this one coming a mile away.
Tough luck Putin but the Arabs might pretend to agree with you but their purpose( and VERY well done) was to drive the $80-100/b producers out of the market. That includes the Rooskies.
Just today, the price of oil rose 5.30%.
And a major ETF — (RUSL) — that tracks the oil-based Russian economy rose 7.30%.
So in a matter of days, Vladimir Putin has restored the Russian economy — something that Barack Obama hasn’t been able to do for the U.S. economy in seven years.
Russia is going to issue terms of surrender. Stop pumping, let the price go up, or we are going to be eating shwarmas off of burned out Saudi tanks in Riyahd.
This whole thing, the whole time, has been about getting the price of oil back above $100/BBL.
What in the world could the Russians possibly bring to the table when discussing the reduction of oil production with Saudi Arabia?
How about this, if Saudi Arabia will cut oil production and cause oil prices to rise, Russia will not assist Iran in an invasion of your country and seizure of your oil fields?
This morning, gas was up 25 cents per gallon from yesterday in my neighborhood.
“Water Futures...”
Interesting... Just this morning I saw on the local news that Governor Ducey of Arizona was going to Israel to discuss “water issues.” I thought that curious. Maybe you are on to something. Perhaps I can get in on the ground floor.