Citi: Oil Could Plunge to $20, and This Might Be ‘the End of OPEC’

This time is different
The recent surge in oil prices is just a “head-fake,” and oil as cheap as $20 a barrel may soon be on the way, Citigroup said in a report on Monday as it lowered its forecast for crude.

Despite global declines in spending that have driven up oil prices in recent weeks, oil production in the U.S. is still rising, wrote Edward Morse, Citigroup’s global head of commodity research. Brazil and Russia are pumping oil at record levels, and Saudi Arabia, Iraq and Iran have been fighting to maintain their market share by cutting prices to Asia. The market is oversupplied, and storage tanks are topping out.

So one would think Opec would cut back on production but no it hasn’t so why is Saudi Arabia who is pushing this  destroying its own potential for profit. the answer is simple we are already deep into an economic social and soon to be terrifying military war with Russia and China  Iran and North Korea. Albert Pikes WW3 scenario is being played out in front of us in a multitude of theaters and many ways.  For those of us who do believe in the Power of Jesus Christ and almighty God isnt it a coincidence this is happening just at the time of the largest occult rituals being televised world wide in America and around the world. from the Satanic 2012 Olympic games to the satanic Superbowl Emmies Oscars etc and on  to infinitude.

Is it a coincidence we have Jihad and world terror at the same time perverted Gay marriage is touted by the christian West which is threatened with a Sodom and Gomorrah type burning by its enemies who have gained the upper hand militarily and behind the scenes

Is it a coincidence there is a huge resurgence if the orthodox church in Russia with Putin(although a NWO proponent) claiming to be the defender of the christian faith, is it a coincidence there are at least 300 million practicing and true Christians in persecuted China while we in the Mock god and laugh at old fashioned terms such as morality and decency.

“It looks exceedingly unlikely for OPEC to return to its old way of doing business,” Morse wrote. “While many analysts have seen in past market crises ‘the end of OPEC,’ this time around might well be different,” Morse said. there is only one reason OPEC is out to destroy itself in an act of complete insanity and economic suicide we only have to realize who runs the world and who wants to come onto the world stage and the chaos which is needed the death and destruction for him to come and save us.

sources

http://www.bloomberg.com/news/articles/2015-02-09/citi-oil-could-plunge-to-20-and-this-might-be-the-end-of-opec-

in the end the winner has already been decided ALBERT PIKE IS IN HELL  he will be there for all eternity the people snooze hollywood makes bigger and better box office films the people laugh joke marry and all the while everything is ready to crash and burn and millions are going to to into eternity. 2015 seems to be the year of the beginning of the end. The illuminists have tried to bring things about ww3 financial collapse since 2010 to no avail. God is timing things and is showing even these reprobates who is in control.

WHY IS OIL CRASHING

because the signal has been given and the fuse now lit. There is no turning back Russia has no choice but to nuke America and fight the west with its allies. Unfortunately for them it wont turn out the way they want it either as china and Russia crash and burn just like Nazi Germany after its many victories. Get right with God and pray thats all we have have left to do.