March 20, 2018 - Health Ranger - Mike Adams
12:36
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| You ever notice when oil prices go through the roof, the airlines charge you a fuel surcharge on your tickets. | |
| But when oil prices crater and get really cheap and gas is like less than a dollar a gallon, the airlines never give you a fuel credit, do they? | |
| They never say, oh yeah, here's the fuel discount for you because fuel is so cheap. | |
| No, they just hope you never remember that they used to charge you a fuel surcharge two years ago. | |
| And most people don't remember anyway. | |
| You know, the memory lifespan of the average consumer today that's plugged into the internet and the media is really about 72 hours. | |
| That's it. | |
| They have no idea what happened 72 hours ago. | |
| And whatever is happening today will be forgotten in another 72 hours. | |
| And forget the idea of even trying to remember something that happened in 1994, for example. | |
| You know, that was the year that I believe... | |
| The tobacco companies all had to testify before Congress and they raised their hands and under oath they stated, nicotine is not addictive, yes. | |
| What a wonderful year in the history of lying and corruption. | |
| Nevertheless, that's not my topic today. | |
| Our topic is about oil. | |
| And we see the prices cratering. | |
| A barrel of oil is now under $30 and some believe it's headed for $20 a barrel and maybe even $10. | |
| And you're probably aware of this, so I don't need to go into detail of what's happening, but I want to talk to you about the upshot of it. | |
| And by the way, you're listening to the Health Ranger here, healthrangerreport.com. | |
| Check out my website, newstarget.com. | |
| So here's a strategy. | |
| Saudi Arabia and OPEC, which is the oil cartel, And yes, it's a cartel. | |
| They engage in price fixing, or really supply fixing to affect price. | |
| And they do it deliberately. | |
| It's not a conspiracy. | |
| It's called OPEC. Or I should say it's not a conspiracy theory. | |
| It's a conspiracy fact. | |
| This is how the oil industry operates. | |
| So they got really concerned about the rise of fracking in North America and the shale oil discoveries in places like Canada. | |
| And they realized that due to this increased efficiency of extracting oil from underground deposits via fracking, via fracking, that their profits in the Middle East were threatened by all of this oil exploration innovation happening in North America. | |
| Because let's face it, petroleum engineers in America are pretty clever folks, right? | |
| They are clever! | |
| We thought they got all the oil, you know, 15 years ago, but they found ways to get more. | |
| Unfortunately, it involves setting off like 600 earthquakes beneath the ground in Kansas. | |
| Or other states and injecting toxic fracking chemicals that make your tap water light on fire. | |
| But nevertheless, they were able to get more oil out of the ground, even though it takes a lot more energy to get that oil. | |
| So you're kind of burning oil to get oil. | |
| Hopefully you get more than you burn. | |
| Otherwise, what's the point? | |
| But it was working. | |
| You know, oil production was actually going up in the last few years in North America. | |
| And a lot of economic abundance was happening from that because, you know, cheap energy makes an economy just boom. | |
| There's no better way or easier way to kick off a healthy economy than to just dump a bunch of cheap energy into it. | |
| You know, cheap oil. | |
| Everything's cheap. | |
| Transportation, you know, air travel, delivery of packages, trucking, retail inventory. | |
| Everything gets cheap when energy's cheap. | |
| So the Saudis took a look at this, not just the Saudis, but all of OPEC. They took a look at this and they said, we've got to do something about this. | |
| We need to bankrupt that whole fracking industry over there in North America with all those Texas cowboys fracking their way to financial abundance. | |
| We've got to put a stop to that. | |
| That's what they said. | |
| So they decided, well, we're just going to glut this whole system. | |
| We're going to dump so much oil into the pipeline. | |
| We're going to send freighter after freighter after freighter across the Atlantic Ocean. | |
| We're going to line them up, stack them There's so much oil just being glutted into the system that we're going to drive the price of oil down until we bankrupt all those industries. | |
| We're going to bankrupt fracking. | |
| We're going to bankrupt shale oil. | |
| We're going to bankrupt half of the refinery infrastructure in the United States, Houston and Galveston, Texas and everywhere else that it takes place. | |
| place. | |
| That was their plan. | |
| And it's working. | |
| So they just began producing like mad, just producing, producing, producing, just pumping out their futures, man. | |
| I mean, there's only so much oil in the ground over there in the Middle East. | |
| I mean, it's a finite supply. | |
| Let's be realistic here. | |
| They have not altered the laws of physics. | |
| There's a finite supply of oil in the ground, okay? | |
| Okay. | |
| And once you pump it out, you know, it takes a few million years to make more. | |
| So they are pumping away their futures in order to bankrupt the oil industry in the United States with the idea that after they achieve all of this bankruptcy, which is happening right now, probably over a thousand oil-related companies have already filed for bankruptcy in Texas alone, and it's happening everywhere across the country, Wyoming, And it's happening even in other continents. | |
| Africa. | |
| West Africa. | |
| Sierra Leone actually exports oil. | |
| A lot of people don't know that. | |
| So they're bankrupting everything else around the world. | |
| And once this is achieved, they're going to essentially shut off the flow of oil and restrict it very deliberately and in a serious way so that All the glut is used up and suddenly there's a shortage of oil and prices just start spiking up super high. | |
| Gas, which is now under a dollar a gallon in many places, will be two dollars a gallon and then four and then five. | |
| Now, you see, Saudi Arabia has to make up for all the losses that they've endured with all of this pumping of cheap oil, because believe me, they're losing money when they're shipping oil or selling oil for $25 a barrel. | |
| They're losing money on every barrel. | |
| It costs money to pull this stuff out of the ground. | |
| It's not magic. | |
| I mean, it takes effort, labor, infrastructure, pipes, pipelines, all these things, and ships to ship it over to the refineries. | |
| So they've got to make up for all these losses. | |
| Well, how are they going to do that? | |
| They're going to manipulate the price by manipulating the supply. | |
| Shut down the supply. | |
| Wait for market dynamics to kick in because guess what? | |
| You are still driving to work, aren't you? | |
| Yep, you and me, we're all still using diesel or gasoline. | |
| We have combustion engines, right? | |
| And if you fly, well, you're using jet fuel, which is kind of like a kerosene. | |
| And that comes from the Middle East too. | |
| So they're just going to wait for Until everybody uses up all the supply and then they just start slowly trickling oil back into the system at super, super high inflated prices. | |
| All of a sudden it's $50 a barrel and then $75 and then $100 and then $150 and headed for $200 a barrel. | |
| And this is how they're going to make up for all the money that they're losing right now. | |
| And when this happens, and by the way, what's the timeline on this? | |
| I don't know exactly. | |
| I don't have the bat phone to the Saudi prince, unfortunately. | |
| That would be kind of cool. | |
| Hey, how's it going over there? | |
| What are you going to do with the oil? | |
| So I don't know the exact timeline, but you think they don't want to lose money for more than another year or two at most, right? | |
| I mean, they need to start making money. | |
| So this is probably going to be reversed within 12 to 24 months, I would say. | |
| It's an educated guess. | |
| So anyway, then the gas prices are going to start, of course, hiking up, and you're going to be paying, you know, $5 a gallon again, like you were a few years ago. | |
| What a lot of people don't realize, though, is that this is going to have enormous implications on the overall economy, because our economy is now more fragile and more in debt than ever before. | |
| We are running, our nation is running on economic vapor. | |
| If it wasn't for the quantitative easing from the Federal Reserve, our banks would have virtually no liquidity. | |
| And if it wasn't for the government spending debt money and hiring more than a third of all the workers in the country, And paying them super high inflated salaries to work for the government. | |
| If it wasn't for all of that, there would be virtually no real economy left. | |
| We would be in a massive depression, worse than a depression. | |
| So cheap oil makes the economy boom. | |
| It's making these times look better than they really are. | |
| And when that oil becomes more expensive, it is going to put a slammer on this economy and Like you've never seen before. | |
| It's going to put this economy in a chokehold. | |
| Like an MMA anaconda ground and pound followed by a lights out super chokehold. | |
| I don't know. | |
| I don't know what the different chokeholds are. | |
| But the kind that makes you lose consciousness. | |
| That's what they're going to do to this economy. | |
| And food prices are going to skyrocket because they're based on transportation using oil and fertilizers using natural gas and energy and petroleum products. | |
| And this economy is going to plummet when that happens. | |
| So President Obama right now is hoping and perhaps maneuvering this to make sure that Saudi Arabia keeps oil cheap until he gets out of office. | |
| And then the next president who comes in, whoever that is, maybe it's Hillary Clinton, maybe it's Donald Trump, they're going to get hammered with the hiking fuel prices and the sudden tanking of the economy if it doesn't happen before then. | |
| So good luck. | |
| Whoever gets into the White House in, well, 2017, you're in for quite a ride. | |
| And I'm recording this in January of 2016, and it's not difficult to see a lot of this coming. | |
| It's hard to know the timing of it, but it's not difficult to know that this is going to unfold eventually. | |
| Believe me, Saudi Arabia is not going to keep pumping oil at $25 a barrel. | |
| Not going to happen. | |
| Oh, and by the way, because they only have a finite amount of oil left, they might be pumping out the last 10% of oil that they have. | |
| They might be into the last 10%, which still means they have many years to go. | |
| But they're way past peak production, and they could be making a huge tactical mistake, because this oil might be worth, you know, $500 a barrel in another decade, and they're shipping it today for $25, I imagine. | |
| Alright, well that's my analysis of the situation. | |
| Check out my website, Newstarget.com. | |
| Thanks for listening. | |
| Come, thanks for listening. |
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