A month ago my pastor was telling me about a baptist preacher that claimed to be working as a chaplain to oil men in Alaska. He was even allowed insider information on the big companies. Sounds far fetched....but he was told that the American oil companies were going to dump a load of cheap oil on the market and drive gas prices down as part of an economic war with Iran.
Well gas prices are dropping...Open is getting upset and trying to raise the prices back up and I saw in the news today a news about Iran facing an economic storm
The maths is simple. For every dollar on the price of a barrel of oil, Iran earns approximately a billion dollars a year.
In the past few weeks and months, the price of Iranian oil has dropped between $50 and $60 a barrel.
The head of the Central Bank of Iran has warned that revenues could be cut by $54bn, effectively halving the country's income from oil, which accounts for the vast majority of both its export earnings and government revenue.
Petropars, a subsidiary of the National Iranian Oil Company (NOIC), has even warned that it could go into bankruptcy.
As the effect of those lower oil prices works through, Iran will face a growing budget deficit. The International Monetary Fund said in August that Iran would face unsustainable deficits should prices for its oil fall below $75 a barrel.
Mr Ahmadinejad will have the choice of cutting spending or printing more money. But with inflation already over 25% and unemployment around 10%, neither is an attractive option.
__________________ Let it be understood that Apostolic Friends Forum is an Apostolic Forum.
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There is One God. This one God reveals Himself distinctly as Father, Son and Holy Ghost.
The Son is God himself in a human form or "God manifested in the flesh" (1Tim 3:16)
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I heard Lindsey Williams many years ago on "Point of View", with
Christian radio talk show host, the late Marlin Maddoux. Had not
heard anything in a long time until someone told me that Irwin Baxter
interviewed him a month or so ago.
A month ago my pastor was telling me about a baptist preacher that claimed to be working as a chaplain to oil men in Alaska. He was even allowed insider information on the big companies. Sounds far fetched....but he was told that the American oil companies were going to dump a load of cheap oil on the market and drive gas prices down as part of an economic war with Iran.
Well gas prices are dropping...Open is getting upset and trying to raise the prices back up and I saw in the news today a news about Iran facing an economic storm
The maths is simple. For every dollar on the price of a barrel of oil, Iran earns approximately a billion dollars a year.
In the past few weeks and months, the price of Iranian oil has dropped between $50 and $60 a barrel.
The head of the Central Bank of Iran has warned that revenues could be cut by $54bn, effectively halving the country's income from oil, which accounts for the vast majority of both its export earnings and government revenue.
Petropars, a subsidiary of the National Iranian Oil Company (NOIC), has even warned that it could go into bankruptcy.
As the effect of those lower oil prices works through, Iran will face a growing budget deficit. The International Monetary Fund said in August that Iran would face unsustainable deficits should prices for its oil fall below $75 a barrel.
Mr Ahmadinejad will have the choice of cutting spending or printing more money. But with inflation already over 25% and unemployment around 10%, neither is an attractive option.
Well, I wish they would have started this economic war a few months back when it cost a small fortune to fill up our tanks and when my power bill jumped by 40%. It just seems to me that these gas prices are pretty arbitrary and are basically just being set wherever they want it at certain times.
__________________
There are no weapons of mass destruction in Iraq, Chuck Norris lives in Houston.
Either the United States will destroy ignorance, or ignorance will destroy the United States. – W.E.B. DuBois
Just read an extremely interesting article in Endtime of an interview with Mr. Lindsey Williams.
I have never heard of him before and will be doing a search on him.
I understand he wrote a book The Engery Non-Crisis. In this book, he claims there are powers that control the price and supply of oil, and they use this power to run the world.
After being threatened by this group he pulled down his website and has edited his DVD's to remove information they did not want published. However, IF you have his older version and you get the new verison then you will know what the items are that he can no longer reveal.
He told in Aug on Endtime when the oil was $119.00 a barrel that it would come down to $50.00 a barrel. The reason: Iran is out of control. This will possibly not only bankrupt Iran and the middle east but also America because they were buying the interest on the T-Bills here in America. He also said give it 4-6 weeks after the price goes to $50.00 a barrel and you are going to see the most horrific event take palce in America that you've ever seen in your life.
This power group gave him a list of things they planned for the next 12 months.
Interesting note was they wanted McCain in as President, but they are not God and don't always succeed.
After reading this article I wonder if they were behind the media smearing Sarah Palin so hard. She fought this group in Alaska, because this group does not want any domestic oil used. They want us totally dependent on foeign oil.
Makes me wonder who these people are and what countries are they from?
Anyone know or have this man's books? I understand he has written six books.
__________________
Happy moments, PRAISE GOD.
Difficult moments, SEEK GOD.
Quiet moments, WORSHIP GOD.
Painful moments, TRUST GOD.
Every moment, THANK GOD.
Just read an extremely interesting article in Endtime of an interview with Mr. Lindsey Williams.
I have never heard of him before and will be doing a search on him.
I understand he wrote a book The Engery Non-Crisis. In this book, he claims there are powers that control the price and supply of oil, and they use this power to run the world.
After being threatened by this group he pulled down his website and has edited his DVD's to remove information they did not want published. However, IF you have his older version and you get the new verison then you will know what the items are that he can no longer reveal.
He told in Aug on Endtime when the oil was $119.00 a barrel that it would come down to $50.00 a barrel. The reason: Iran is out of control. This will possibly not only bankrupt Iran and the middle east but also America because they were buying the interest on the T-Bills here in America. He also said give it 4-6 weeks after the price goes to $50.00 a barrel and you are going to see the most horrific event take palce in America that you've ever seen in your life.
This power group gave him a list of things they planned for the next 12 months.
Interesting note was they wanted McCain in as President, but they are not God and don't always succeed.
After reading this article I wonder if they were behind the media smearing Sarah Palin so hard. She fought this group in Alaska, because this group does not want any domestic oil used. They want us totally dependent on foeign oil.
Makes me wonder who these people are and what countries are they from?
Anyone know or have this man's books? I understand he has written six books.
Esther, google Lindsey Williams and you should find that information! I posted the link in
post #4 sometime back.
He told in Aug on Endtime when the oil was $119.00 a barrel that it would come down to $50.00 a barrel. The reason: Iran is out of control. This will possibly not only bankrupt Iran and the middle east but also America because they were buying the interest on the T-Bills here in America. He also said give it 4-6 weeks after the price goes to $50.00 a barrel and you are going to see the most horrific event take palce in America that you've ever seen in your life.
The price of oil/barrel dropped below $50 Nov 20th.
__________________
His banner over me is LOVE.... My soul followeth hard after thee....Love one another with a pure heart fervently. Jesus saith unto her, Said I not unto thee, that, if thou wouldest believe, thou shouldest see the glory of God?
To be a servant of God, it will cost us our total commitment to God, and God alone. His burden must be our burden... Sis Alvear
__________________
Happy moments, PRAISE GOD.
Difficult moments, SEEK GOD.
Quiet moments, WORSHIP GOD.
Painful moments, TRUST GOD.
Every moment, THANK GOD.
My soul followeth hard after thee....Love one another with a pure heart fervently. 
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