OPEC – IS IT FINALLY NOW FALLING UTTERLY APART
Opec Members have simply had it with Saudi and Opec failed policies. So lets look at the failed Saudi OPEC Policies over the period 2014 to now:
- 2014 oil is $ 120 dollars a barrel due to cartel manipulation of price.
- American Shale Oil rose to shatter OPEC monopoly and influence bringing cheaper easier to refine crude to markets and stealing OPEC customer market share.
- To crush the American Oil Shale industry OPEC led by Saudi turned on the spigot to all time record flood the market with oil. This shattered the price to 39.00 dollars from 120 dollars a price SUPER CRASH of oil now in massive over supply of demand ( a failed policy ) – we are talking a crash of almost 90% of the price of 2014 by failed Saudi policy.
- This created a lower profit for shale from America which rose from 2014 from two million barrels a day to 10 million barrels a day from 2015 to 2017 – a short time to become more influential than OPEC. Today Saudi cuts supply in November by 600,000 barrels a day at their target price of 60.00 dollars ( which utterly failed ) losing three billion dollars a day to force their own customers to leave.
- Russia and other OPEC members are losing market share to customers buying now from America and non OPEC producers who supply draw’s OPEC. Their failed policy to REBALANCE OIL MARKETS which means to manipulate a phony supply demand price cartel tax on the peoples of the world – is seen for what it is – criminal taxation of the development nations of the earth. OPEC is shattered and shattering on pure economics.
- OPEC members are cheating. No OPEC member wants to follow the idiot Barkindo and his failed Saudi jaw bone with dentures and no teeth as OPEC no longer controls sufficient supply to do anything but to pay a trillion dollars – which they have to lose their own market share.
- OPEC sought to CRUSH SHALE PRODUCTION by lowering price so they could not producer. American invention used technology to make profits at the lower price and took the oil drilling rigs and shoved that rig right up Opec’s economic ass hole. Which is bleeding red ink in all Opec nations. They are in the RED and bleeding red ink if they subscribe to opec membership and follow the Barkindo idiot savant economic plan of the most hated oil minister in 100 years. Saudi has lost the war by failed policy.
The market knows this.
The market is smart.
The market knows the MARKET SHARE WAR has been won by America and non OPEC member production.
Today – Barkindo on his prayer rug – blinked before Allah and the entire world. Making the King of Saudi Arabia look even more enfeebled than he is. We caution the IPO coming from SAUDI is going to end up in falling market share and falling prices and failed policy the worst IPO loser of the century. Watch as time passes on that item.
So today what took place that changed everything? Again look at the history.
Barkindo oil minister sets up a failed plan to crush American oil Shale Production.
Last WEEK not sometime in the distant future the Saudi King from Russia and Barkindo the idiot economic failure for Saudi and Opec – stated in the press – WE HAVE NO CONCERNS ABOUT AMERICAN OIL SHALE PRODUCTION.
Today a week later what does the PANIC we told you was REAL in OPEC tell you?
TODAY Barkindo SAID – TO OUR FRIENDS IN AMERICA SHALE PRODUCTION ( WE TIRED TO CRUSH OUT OF BUSINESS IN 2015 2016 AND 2017 WITH ABSOLUTE RUTHLESSNESS ) – HEY COME ON – JOIN US TO REBALANCE OIL AND CUT BACK SO WE CAN GET THE HIGHER PRICES WE WANT CARTEL MANIPULATION ON VERSUS MARKET SUPPLY AND DEMAND IN FREE MARKETS THAT AMERICA STANDS FOR. HEY COME ON JOIN US YOUR ENEMY. CUT BACK AS WE HAVE NO BULLETS OR OPTIONS LESS. AND IF YOU DO NOT JOIN US – WE THE RED INK GOING BANKRUPT NATIONS PRODUCING – WE WILL DO SOMETHING” DRASTIC IN 2018 SO YOU BETTER JOIN US – WITH THAT THREAT LIKE A TRUMP TWEET ON THE TABLE. HE WE ARE NOT IN UTTER STAMPEDE PANIC MODE WHERE OUR MEMBERS ARE ALL LEAVING AND OPEC IS BREAKING UP BUT OUR LAST CARD IS HEY AMERICA WILL YOU JOIN US AND GIVE UP FREE MARKET VICTORY TAKING OUR CUSTOMERS FROM US FOREVER AND RETURN THEM TO US AND STOP TAKING YOUR BILLIONS WHILE WE LOSE OUR BILLIONS – IS THAT OK AND WILL YOU DO THAT TODAY FOLKS?
NOW Barkindo is an absolute idiot economically. He has cost OPEC its entire forward membership. OPEC IS FALLING APART. Members are going to leave to preserve their economics and their economic market share. IF they don’t leave they will lose market share ( at any price ) and never get that market share back.
Nations and customers are FURIOUS at the manipulation. They do not want REBALANCING of Energy at 120 dollars a barrel by artificial greedy manipulation of the few against the many. They OPEC members need to pressure market share – making profits at any price by selling more not less oil.
Oil is GOING TO BE IN SURPLUS and Saudi has lost the market share wars. They are going bankrupt at todays’ price due to their internal budgets, failure to crash those budgets when oil price crashed, and they now long term must adjust – and if the continue to cut back by billions a day – they accelerate their own bankruptcy as OPEC members. That is economics 101.
Today OPEC blinked.
Barkindo on his prayer rug asked Allah to inspire America ( Christians by the way ) to STOP SHALE OIL PRODUCTION which is doing what?
- Shoving up OPEC’s ass for trying to destroy the American industry.
- Beating OPEC at their own game and trashing OPEC on the score board.
- Controlling global market price splitting oil markets Into two prices – phoned OPEC pricing at 57 dollars a barrel down from 59 and American pricing at 49 dollars a barrel dropping from 54 for a day or two.
- Raising oil market share to 10 million a barrel and rising to 20 million a barrel a day and OPEC knows that – OPEC knows America has the largest oil reserves on earth making OPEC look like a dying lake.
- American Oil Shale industry is making the dollar stronger – rebalancing unfair trade with the world in the American trade export accounts and fast and forever taking MARKET SHARE from OPEC with easier to refine oil and cheaper oil and this victory for America is endless.
Asking a FREE TRADE NATION to cartel manipulate prices to penalize the development world from China to Africa for the advantage of some Gulf economic failures trying to monopolize oil like the 1970’s embargo – is not repeatable. Turning oil off would only make America absolutely dominant in market share. THE NON OPEC MEMBERS are prospering at the enormous cost of the FEW AGAINST THE MANY – the failed economic policy of OPEC since 2014 and before frankly.
OPEC has failed in all its models.
OPEC had its opportunity for success and by its own policy has set its people in a struggle now economically that will not be easy to get out of and will consume decades to REBALANCE not oil but their own economies. Russia needs to DEPART FROM OPEC for one reason. SURVIVAL and the prosperity driven by its own return to market share trashing the relationship with an economic child Barkindo who has bankrupt ideas bankrupt IP and today showed panic on his prayer rug with his global admission of utter total failure for the Royal Family.
If I where the Kings son and heir apparent I’d use the phrase from Alice and Wonderland Barkindo off with your head. How many trillions does one man cost a nation and his failed team and advisers?
We offered to set them on the right path. We hand carried proposals to the heir. But no one listened and now we have the failure at such extreme panic that OPEC ‘begs on its knees” for AMERICA to cut back and join OPEC.
Now this causes the market share war and market markets to simply laugh over two martinis lunches from New York to Hong Kong to London. The press and comedians are going to have a field day with this one. I hope this blog reaches Saturday Night Live writers – hey send it to them.
Barkindo one man has made OPEC a joke to the world.
Barkindo one man has destroyed OPEC influence and relevance to oil markets.
Barkindo has shattered OPEC confidence its only membership glue.
Barkindo has OPEC members leaving in droves as you will see in 2018.
Barkindo destroyed OPEC.
Barkindo one man announced the end of OPEC today with his prayer rug on his knee plea to American shale Producers to please oh please cut back to rebalance ( manipulate price for our cartel profit against the world ) and can you do that today as we are bleeding to death over here at OPEC.
There is no tweet – no moron comment – no history like today with this one man Barkindo who will shatter CONFIDENCE in the ARAMCO underwriting and IPO in free fall pricing like oil itself. To say the plans of a nation are destroyed and shattered by only one man is to understand the failure of Barkindo policy to oil markets.
He rolled the dice and he lost.
America gutted him and OPEC intestines are falling onto the pavement and its 120 degree’s over there.
Barkindo is a moron and a loser in classic economics so predictable from each step by economics 101 and any text book. This is not rocket science.
So OPEC customers want to pay less not more for oil.
OPEC customers are furious the cartel wishes to tax them for their own profit account.
Opec customers have choice now and do not need OPEC now or in the future.
OPEC customers are strategically buying around OPEC and moving supply long term and now short term to NON OPEC suppliers.
The HUGE WINNER of the MARKET SHARE WARS with OPEC hammering them all along that path is AMERICA.
The United States of America is NOT going to JOIN OPEC or HELP OPEC and only an idiot would do what Barkindo the moron did today – which is a public display of ABSOLUTE OPEC PANIC as they free fall beyond any control and have no end in sight how to repair their own internal budget as customers are leaving them now as a RUN on the OPEC BANK.
The longer members oil bankers stay with Barkindo and the OPEC OIL BANK the more they will lose depositors running on their accounts. So the way to secure oil banker deposits is to publicly announce you are LEAVING OPEC and focusing on your customer services at market prices satisfying customer need not Barkindo need.
The longer you stay in the failed OPEC OIL BANK the greater the velocity of market share RUN ON YOUR BANK will become because your OPEC BANKING CUSTOMERS are FURIOUS at your interest charges for your product and are all moving to full oil banking services with far lower interest charges for the future.
Barkindo its economics.
So today was the final PANIC. PANIC is public.
Everyone knows. EVERYONE.
OPEC has lost its CORE VALUE AS A CARTEL and now BEING an OPEC member is toxic for your nation and future. Day by Day you are loosing so much MONEY until you announce to stop the RUN ON YOUR OWN BANK you are leaving the TOXIC FAILED OIL BANK now sinking into historic oblivion and obsolesce.
Barkindo the moron failed to understand that economics always rebalances from market manipulation and abuse. Debeers if fighting mass manufacturing of perfect man made diamonds – always plenty and never rare with prices only controlled by cartel. Now price is beyond cartel control as Diamond markets deflate and rebalance. Oil is rebalancing to economic market forces of plentiful supply as the earth frats and craps oil and gas – there is no scare supply. Or costly supply.
ENERGY the COST OF EVERYTHING has taxed nations to the bone by artificial greed and cartel pricing. OIL “IS” rebalancing and OPEC has nothing to do with it. Saudi the “swing producers” are loosing 600,000 barrels a day – where those customers are moving to America – and Saudi never gets that business back. They are not rebalancing anything but their own bankruptcy and budget.
Oil is in free fall as we reported.
OPEC is going to shatter and oil price is going to range 35 to 45 dollars.
OPEC pricing is dead on arrival.
Barkindo soon will be too we suspect. One man costing trillions to oil bankers from a totally failed policy. When does the money hold Barkindo responsible and install a customer service market share minister as the OPEC model is failed.
It is every nation for itself as oil bankers and OPEC members are such losers for staying in the most failed cartel in history. INCREASINGLY OPEC oil bankers are seen as pure criminals trying to regain a tax on the poor and the development nations taxing billions trying to rise to full partnership but unable to do so because a few profited from 120 dollar a barrel of energy cost for their own greed at the enormous cost of nations developing as ENERGY IS THE COST OF EVERYTHING ELSE.
Today solar – wind – tidal – and natural gas which burns clean and makes lower electric cost – is with atomic power – fueling the world energy grid away from oil and more and more transportation is moving from oil to electric as demand peaks are going to fall off a cliff and oil can never be manipulated by OPEC or any supply cartel as a crime really – because today the supply oil bankers are not OPEC members and are the dominant and rising market share retiring OPEC oil banker market share the longer they force their own customers to RUN ON THEIR OIL BANK.
So now you know the truth of 2014 to October of 2017 when Barkindo on his beggger prayer rug threw in the towel for his 82 year old King and stated – HEY AMERICA YOU CUT BACK so we can rebalance ( criminally move prices to high so we can stay out of bankruptcy as nations ) and America – having been hit by economic motors and missiles from OPEC for years – watched the economic mushroom cloud over Barkindo – had a good laugh and invested as never before in MARKET SHARE SUPPLY GROWTH to utterly run on OPEC OIL MEMBER BANKS and destroy what remains of their final existence.
Barkindo gambled and lost the entire war.
The United States is so much STRONGER at 3% growth now rising to even higher – because of our THANK YOU to Barkindo the moron economists and oil minister that personally DESTROYED OPEC as we reported here – for some time with data and the press fails to report the news with OIL advertising and underwriting for all press the ultimate spin to information on the earth.
Environmentally the one and sole cause of CLIMATE CHANGE.
Killing life on earth for greed and profit.
Being slowly retired.
Market supply demand and customer service define oil markets from NON OPEC membership today.
Those who leave OPEC will prosper.
Those who remain will be in economic pain that becomes unimaginable.
Economics leading politics or politics leading economics.
Economics always wins.
Barkindo and his tribe always lose.
Today OPEC is one word – LOSER !
Berny Dohrmann – You can read the tea leaves properly now on OPEC
SAUDI ARABIA LOOSING THE POWER TO TAX THE PEOPLES OF THE EARTH
Opec led by Saudi Arabia is like.a sword fish fighting for its life with a deep sea fisher men like approach where the sword fish on its tail fighting for its life ( OPEC ITSELF ) throws its stomach out of its mouth so great is its effort to survive in the sea it used to know. Versus the new economic hook OPEC is now caught on ( crashing market share ). Loosing massive market share forever from the GULF and paying to lose it. How long will it take for smart OPEC suppliers to see the tragic economics of a failed SAUDI policy. BACK TO THE FUTURE? Far from it. OPEC IS DEAD like the sword fish slowing being reeled in to be butchered.
Opec was 20 years ago the high 70 % of world oil supply.
Today Opec is only a magical 30 % of world oil supply. And falling.
OPEC has one forward future. EVERY NATION FOR THEMSELVES and a full utter break up of OPEC. SHORT THAT MODEL. DO THE MATH. GEO OIL SUPPLY is in SUPER CHANGE and has changed more in 24 months than 24 years and the pace of discovery Trump and others opening never ending new supply as demand growth moderates on all charts and stalls – South China Sea to US coastal finds – OPEC margin of supply is falling like NIAGRA falls and the super money is betting on OPEC BREAK UP today. You heard that first here.
The nail in the coffin. Failed Saudi Arabia POLICY where OPEC Members PAY BILLIONS by cutting back to have their market share stolen from them at their own loss. ECONOMIC INSANITY as a policy. HOW LONG BEFORE NATIONS GET THE MATH MODEL?
During is MONOPOLY MANIPULATION YEARS Opec created a ruthless HIDDEN TAX upon the economies of all nations and the peoples of all nations. This HIDDEN TAX for 20 years was the most distorting economics ( as oil IS the cost of EVERYTHING – because it makes fuel for crop transports so we and livestock an eat – it makes pesticides without which half the worlds crops fail – it makes transportation containers and medicine delivery systems from IV tubes to syringes and of course it makes fuel we just burn up forever to move around versus other options and we burn it up to make electricity ). As the price of oil reached 100.00 creating the largest WEALTH TRANSFER of nations in a single generation – all the while the world is drowning in fossil fuels the earth simply is farting out year to year – and the impoverishment of nations who over decades could not prosper due to OPEC manipulated phony oil prices. Their % of market share allowed them to do this while no nation went to war with them given the oil firms that lobby nations made huge partner profits on destroying a generation globally. Fiscally.
The largest sin of modern times has been the manipulation of oil prices by a cartel.
Nations lost decades of prosperity with wealth transfers to the GULF that imbalanced all world economies at great harm to the core system of nations and the world. A small number of elites of SUPER WEALTH became fantastically more wealthy through policies of the FEW AGAINST THE WELFARE OF THE MANY in all nations including their own long term. Why does the Gulf Wealth end with 40% youth unemployment? With massive impoverishment with the FEW are so fantastically consolidation their wealth privilege advantage and powers over the FEW. How is that GOOD? How is that RIGHT? How is that of Allah or any God? How is that not why it is – a form of insanity. Competition is a form of insanity where all diversity of class and variety between humans is punished. SANE BRAINS are COOPERATIVE with zero competitive thought where all variety between humans is CELEBRATED versus punished. Only insanity creates this economic damage to the entire world system for the FEW AGAINST THE MANY. Competition is the thought form of insanity – learn this if you learn one thing from reading my blog over time.
As the mistake OPEC Made in their GREED MACHINE and MONEY GLUT engourging themselves thinking it would never not ever end – at 120 dollar per barrel oil prices “END” – lasted for some years – a blip in time – the world elevated supply globally until the % Opec controlled globally was less than 35%. Today Oil has fallen from $ 120.00 a barrel oil to low 40’s last week or over 70% in a matter of 36 months. IS ANYONE SEEING THE CHART HERE? The biggest fall recent falls since OPEC CUT BACK SUPPLIES WHICH WERE TOTALLY MADE UP BY NON OPEC SUPPLIERS AND MORE .
During this loss of all advantage they once enjoyed by creating unsustainable market share advantage – the market share shifted. Today Opec has lost 70% of their market share as the price of oil REBALANCED outside MONOPOLY and SPECULATOR INFLUENCE.
In the old 20 year old of OPEC market share dominance, speculators could bid the price of oil upwards or to any price by taking forward positions in oil. Today the issues related to forward OIL Price revolve around:
- Ever declining market share for OPEC members, now picking up incredible momentum by utterly failed economic policy of OPEC to stop their delivery of falling market share – while their massive % of supply in NON OPEC supply % advances their MARKET SHARE to % diversity OPEC can never – not ever – reclaim. As this MARKET SHARE chart advances staying LONG in OIL is a financial death march for billions. Why do they do it? Speculators wish to return to their profit making market manipulation days and failed to appreciate the rapid time shift to MARKET SHARE or that the NEW OIL PRICE model is MARKET SHARE MARKET SHARE MARKET SHARE and OPEC is loosing all of theirs forever.
- Today the day before MOTHERS DAY Opec aggressively seeing Oil sliding toward the 39.00 Dollar Range which Oil will pass through soon in my prediction – CUT MARKET SHARE TO ASIA. Oil rose a bit Thursday. ASIA will shift MARKET SHARE buying within the GLOBAL TRADE WAR taking place today. As they make this shift to the 70% of oil suppliers that are NON OPEC you will see OPEC market share move toward the 20% range from 70% only a blip in time ago. Their planning investment and modeling is FAILED ECONOMICS and those advising OPEC have cost those nations including Russia a trillion dollars in wealth and climbing.
- The supply of oil is soaring world wide. The on line supply from growing drilling rig counts for immediate market share shifting a trend going on for 20 years – has crushed OPEC who made every possible mistake trying to extend a model that died 25 years ago and will never rise from the dead.
- Opec Nations are growing in debt and operate in the RED INK fiscally. They can not survive as they once were budgeting within 40 to 30 dollar price range. Today deep sea oil and shale oil are profit making at 25 a barrel and with new technology and AI it may drop lower than that – there is no come back for oil.
- World demand for oil is changing and moderating and the growth of demand models have all been wrong and the shallowing of demand with soaring non OPEC supply as in record 10 million a barrel a DAY supply of sweet crude from the USA is taking market share from OPEC forever – now shifting to the US dollar which will soar because of the wealth under the dollar from the largest oil reserves that make OPEC look like losers. They ARE Losers in the board room.
- The hidden tax on the peoples and nations of the world are forever rebalancing wealth world wide.
- OPEC has FOREVER lost any control to manipulate prices and its public PR jaw bone bludgeons to the market only make speculators money on the 72 up and downs as the markets always roars back to REAL SUPPLY and REAL DEMAND.
The price of oil will go down down down like ALICE in the Rabbit hole – watch. Remember you heard this in 2015 2016 and 2017 HERE and you made a ton if you followed our reporting which you always hear here FIRST. We reported on why Comey was fired. Then all the PRESS of the world were filled up with our BLOG news. We reported on OIL and the price fell next day.
So today – OPEC plays a FAKE NEWS CARD that is cutting back ASIA on Oil by more than they said earlier. That is a lie as SAUDI production this year is UP over their agreements – so where are they moving that surplus ? They are not stupid as they cheat on their own membership. No hand knows what the other hand is doing.
The world is in MARKET SHARE WARS or TRADE WARS. This creates the nightmare of all nations DEFLATION ECONOMICS. This creates a SUPER CRASH ( eventually ) and a world depression and world war typically. Which we think nations are preparing for as their debts are no longer sustainable and you all know that if you do any math on it at all. My readers don’t buy into so called NEWS presented for ENTERTAINMENT and what is known as PACKET WEALTH 0r viewer replies to ADS in their own FAKE NEWS WARS to keep EYE BALLS on every growing number of channels. Or to get liberal – middle and right groups and far left and far right groups divided into their own channels and slamming those views to keep those eye balls to ever buy MINDLESS CONSUMER CRAP.
News real information is on line. The smart crowd of all political belief’s wants REAL NEWS and the TRUTH and they’ll filter that news into their own action. Investors ( our CEO tribe and their investment houses and press ) who dominate this blog readership world wide in over 140 nations – want REAL NEWS and the TRUTH reading this blog for over 30 years. Sharing this blog with awake readers of their tribes who we seek to serve tirelessly within our economic research. We report data – investment banking economic data – without any political agenda of any kind. Ever.
So OPEC is beyond STUPID and we can not believe PUTIN is allowing this unless he pays lip service to cut backs and is selling like crazy to protect RUSSIA Market share – why would they PAY BILLIONS ( being totally broke ) to FOREVER LOOSE RUSSIAN MARKET SHARE? Would YOU do that if you could keep market share at any price?
So OPEC see’s stocks fall in America. And says their cut backs are working.
This is FAKE NEWS and a BIG LIE.
The truth IS that Asia is moving MARKET SHARE that OPEC and primarily SAUDI leading OPEC is having OPEC members pay ungodly loss in revenue to force their own customers to leave them forever. The customers have easy options in bidding wars over the 70% of OIL SUPPLY that is NON OPEC and rising as OPEC decline in market share is IRREVERSIBLE and picking up terrible momentum for OPEC nations losing the market share.
As I have reported OPEC IS PAYING BILLIONS UPON BILLIONS OF LOST REVENUE TO SEND THEIR MARKET SHARE AWAY FROM OPEC MEMBERS FOREVER. THERE HAS NEVER BEEN A MORE INSANE ECONOMIC POLICY SAVE WAR.
The MARKET SHARE WAR over the COST OF EVERYTHING has been accelerated and lost by Saudi economic suicide policies that are stupid, more costly than any insane economic policy but war itself. The Gulf Stability given their debt, their move to diversify away from oil ( which now they must accelerate ) and their inability to manage budgets without higher oil prices, impossible given their declining market share and failed policy – which they seem insane bent to continue – further accelerating revenue declines to all OPEC nations – though cheating will advance and accelerate – as well – such that OPEC must crash economies – budgets – massively downsize and law off. Readers against press ignorance in their reporting today – probably think this economic is insane itself.
Folks OPEC is so debt ridden that oil prices at today and lower ranges BANKRUPTS OPEC MEMBERS across the globe. They have no options given their debts if they PAY OUT LOST REVENUE TO FURTHER LOSE MARKET SHARE IN THE MARKET SHARE WARS. They are like a whale in a sand lake where the water has dried up and there is no forward rain coming in the long draught and the flopping around appears to be life when the whale is dying in fact. Economically speaking.
OPEC Is dying inside its own sand due to wrong sided policies. OPEC needs to PROTECT MARKET SHARE at all cost regardless of price or bankrupt. Watch as economics fails to forgive stupidity. OPEC is trying to manipulate prices as in 1973 where even a total embargo would only accelerate their own bankruptcy and loss of market share.
I wrote in 2015 and 2016 and 2017
OPEC IS DOA – DEAD ON ARRIVAL !
Control of price is no longer having anything at all to do with OPEC. All OPEC is doing is sending its own customers out the door forever – paying for them to leave – and giving speculator wind fall profits when they jaw bone markets with economics that have no basis in reality.
The supply draw down in America was market factored. The reasons for the draw down are:
- Seasonal normal supply as during every year repeating expected patterns occur.
- Refinery seasonal down time to repair – is over and peak season during the summer is seasonally on point.
- Supply will go down then come back. Opec has nothing to do with it. Why?
- Opec cut backs are completely over come by NON OPEC supply off setting those cut backs to the market. The supply of oil is greater this instant in 2017 than it was before OPEC decided to pay to lose its own market share ( an insane economic move by a stupid stupid policy ).
- Open is using POLITICS to drive economics but ECONOMICS is now in control not political manipulations. In OPEC world and politics almost always fails in driving success to economics.
The world has moved through the stages of 5,000 years of base line economic history that unfolds as follows:
- Following the most recent global wars prosperity unfolds and elites consolidate wealth world wide until in all leading economies 1% own more wealth than 99% ( and consolidation continues ) creating enormous system instability economically speaking.
- This system wobble ends with a melt down globally with the last Super Crash 2008 as a consequence of economic consolidation and removal of stability circulation.
- The system then spends years of ever greater consolidation for the winning SUPER RICH, while the world moves into distrust negation and a spiral of TRADE WARS.
- A contagion event due to debt abuse occurs ( always ) as a consequence of imbalances to accounts from losers in the spiral of trade wars. and a bigger SUPER CRASH and global depression due to DEFLATION SPIRALS no central bank can over come as circulation is no longer adequate to sustain growth in a stable economic model. The old model is broken beyond repair.
- The world prepares for and moves into WORLD WAR to rebalance economic account when the FIVE TO DIE cycle begins all over again with a new post war prosperity.
As this 5000 year never varies economic modeling is INSANE why do we not revolutionize a new model we call COOPERATIVE CAPITALISM? While we have time?
The elites are blinded by mindless accumulation of consolidating wealth and power for endless gratifications and see any system reform as threat to their franchise on wealth. This mind set is insane and holds the people of the world hostage.
The system is broken beyond repair.
The system managers are insane and do not see the value of revolution to the core system model benefits them long term.
They chose in many cases risk of destruction and death from war such that the winners are the new elites. That insane pattern of thinking and emotional capital must be upgraded to revolutionize systems.
Billions are hostage to 1000 at the top. Who are without knowing it by majority insane.
Will sanity win?
It does not look like it as we see patterns repeat in Saudi Arabia and OPEC paying untold wealth to lose market share forever and utterly fail to rebalance supply and demand no matter what summer week to week data shows – watch the annual data and weep. THE EARTH IS DROWNING IN RENEWABLE OIL AND GAS.
OPEC has no influence on price other than a speculator sake to make software profits that disappear in a matter of hours. You’ll see.
Oil in the 30’s?
You heard that first hear in 2015 now everyone is reporting the news.
Berny Dohrmann – KEEPING YOU OUT FRONT ALWAYS
PS: Today for the first time ever SAUDI reported the sad math and numbers of the failed policy stating they are LOOSING MARKET SHARE….this falls under given my many blog economics on this data …DUHHHHH ?
THE WORLD IS DROWNING IN OIL:
The largest lakes of OIL are in the USA and Canada. Increasingly production of these lakes is dropping in cost. Opec can no longer control world markets. If they raise price they lose market share forever to the nations not members of OPEC. These nations have more oil by far than OPEC possesses.
World oil . Oil is a replenishing resource. The EARTH FARTS oil and gas. The supply is way over any demand. And Demand is failing as we move to clean energy and will continue to fall. Unlimited breeder reactor energy is almost on line. New endless micro wave cheap power from space beamed to earth is coming on line. Its endless too.
Oil is not scare.
Oil is not costly to bring to market.
The day of price manipulation by oil monopolies is over.
The day of a hidden tax for oil pricing by a small group ( the few against the many ) is coming to a close for oil and energy economics. Normalcy is returning.
Opec wants to secure a million barrel a day cut in supply from their all time high output.
Iran does not wish to cut back just coming on line again less than one year. Iran needs revenue to build and grow their economy.
Libya down to zero is now returning this month ONE MILLION BARRELS a month and will elevate that number.
Russia an Opec Member – and a PETRO one mineral nation economy has shrunk from 5 trillion in GNP to 1.3 Trillion in GNP and can no longer afford its economics with huge deficits looming. How would Russia cut back revenue now?
There are so many OPEC mavericks who just economically can not cut back in this market space.
Plus at any price raise to 5o dollar oil – the North America GIANT PRODUCTION comes back on line and takes millions of barrels away from OPEC.
So oil with a break down of failed OPEC now dying – is history is over now – creates a more market rate oil price of 30.00 dollars and revives economies world wide as the HIDDEN TAX of monopolies on oil disappears from the market as a manipulation.
The worlds largest lakes of oil and gas have been discovered as new supplies in the last five years outside OPEC and these new lakes come alive each year. Cost to get oil from under water with robotics and technology are falling. The lakes under 3/4’s of the earth – where most oil IS are so large there is no shortage. 100 year old wells are full again when they go back and check because the EARTH is MAKING new oil – the EARTH is an oil and gas factory there is NO SHORTAGE of this RENEWABLE RESOURCE. We are learning to burn oil clean and more effeciently getting so much more out of a barrel. OIL controlled by monopolies is GAME OVER economically folks. OPEC is deseprate and needs to adjust their own economic planning to foever new oil price to market considerations. Our proposal to SAUDI is on the Prince’s desk to DO JUST THAT. Fast too. But we may begin with Jordon who will adopt faster to economic realities.
Think about these factors as you read the press and spin from oil nations attempting to push water back up hill against the forces of economic gravity.
Berny Dohrmann – Telling the Truth faster just for our readers world wide – share this blog for me with your tribe
THE PRICE OF OIL….BIG OIL IS LEGAL THEFT – A DANCE THAT IS ENDING
RALPH NADER the consumer protection attorney suggested the oil lie is easy the WORLD IS DROWNING IN OIL. He reported how new oil is always being made by the earth an oil manufacturing machine. We will never not ever run out of earths renewable fuel.
Manipulating the price of oil and diamonds – both actually common not rare in nature – is a legal theft to the populations of the earth. Today the price of oil has fallen 80% from 110 dollars US a barrel to under 30 dollars US a barrel. Yet the price of gasoline has dropped less than 50%. Why? Price gouging. Lack of oversight.. Lack of fines for price manipulation. Lack of regulatory response.
Having years of unregulated price gouging to consumers of a very unscare resource – nations have failed to regulate their number one state and national tax payer – big oil. They let them cheat us. All.
Today the world as Ralph Nader suggested it is DROWNING IN OIL while the price goes up? Give me a break. Oil has reached bottom? They are pumping maximum rising outputs. The world is declining in use. Everyone is moving off oil for transportation – power – and into cheaper renewable less polluting fuel’s by oceans each year. The use demand is declining. The output is rising. Shale leaves us entire oceans of cheap low cost oil world wide. Natural Gas is replacing oil as natures largest clean burning renewable fuel source. Oil is increasingly for pesticide and fertilizer – while alternative renewable fuels are for transportation. OIL is over supplied. Price for oil is ridiculous. Gasoline in the usa should be 75 cents a gallon.
Even with tax burdens from states suppliers make oceans of profit on ten cent per gallon oil cost on average. The present price is monopoly influenced and this price fixing needs to be broken up by nations. We suggested the USA make a NASA like energy supply agency and develop new technology to with low environmental cost develop endless almost free energy for nations and growth. Energy is the cost of everything. Monopolistic price gauging when energy is low cost and abundant is a sin against all of us.
THE HIGH PRICE OF GAS as a transportation fuel can not stand. The market is going to crash out. Not rise up.
Folks its supply and demand.
The industry suggesting we have reached bottom – is like – ridiculous. We are going to get pump prices globally against a 75 cent USA pump price and thats as high as you can maintain for the coming ten years of delation and moves to alternative fuel. We have enough natural gas to power the national power grid forever. We need to save oil base for pesticide and fertilizer for which there is NO SUBSTITUTE known to man. Skewing a barrel of oil to burn up in cars on one time trips say to electricity and natural gas solutions – as renewable fuel base – is crazy against burning priceless oil. We are never going to consume oil as we did. We are going to move away from oil transportation which means as Ralph Nader suggested – the WORLD IS DROWNING IN OIL – TRYING TO MAKE OIL SCARE OR EXPENSIVE IS LEGAL THEFT AND A CRIME.
The Gulf Nations have at 110 dollar a barrel price which was NEVER not EVER sustainable in a world DROWNING IN OIL – built a world of debt at these high prices and now are in the red in their budget for growth nationally – in war torn gulf states – where oil is like water and more plentiful than …..their economics no longer – can grow based on truncated oil price they no longer have a monopoly to manipulate. Oil is more plentiful than rain. So the GULF with oceans of oil – drowning in oil can never manipulate as a legal theft – a premium price of for oil of $ 100.00 in an endless shale global supply of which less than 2% if even in production today. High priced oil is OVER and DEAD forever.
Monopolistic theft by nations is over. Done.
Adjusting to the new reality is the most significant energy change as cheap energy is abundant and no one is going to pay bandit premium prices for commodities that are renewable – abundant and as far from scare of costly to bring to market – as the cow jumping over the moon. The manipulation of TRUTH on oil supply to demand is now beyond oil firm created myth – fairy tails – and market legal theft and manipulations.
Speculators can not lift up or hold up an OVER SUPPLY to demand – with the worlds largest commodity glut in history taking form. Also the world has entered DEFLATION and DELIVERING. There is no inflation. There is crashing DEFLATION in which inflated values are now adjusting for decades into downward market price levels. Nothing will foster artificial price points any longer.
As Ralph Nader screamed across the oceans – THE WORLD IS DROWNING IN OIL. There is only manipulation to the over supply. OIL is cheap and will remain cheap. The world is moving off oil for transportation never back into it. Oil is OVER as a high use transformation fuel. Electric produced by unlimited cheap natural clean burning gas – is conversionary technology to all power utilities world wide. We are drowning in cheap natural gas with the worlds largest supplies in history discovered in American and abroad in 2015 alone. They just keep on coming – 300 years of peak off the chart demand if this renewing fuel is not replaced over 300 years with new discoveries – and they will be. The EARTH IS FARTING NATURAL GAS and SHITTING OIL.
Any suggestion we are short and need to cheat people and gauge the in price is the subject for criminal congressional investigations world wide today. It is time to LET OIL FIRMS KNOW the musical chairs to price fixing – is over as an end game. Adequate profits for their shareholders can be realized from conventional market pricing. Fair market pricing.
The oil dance folks – has had its day – almost bankrupting the entire world.
Now we recover ….and prosper together.
Berny Dohrmann – investment banker economist – Chairman of CEO SPACE – thanks for commenting on this blog.
AVOIDING WORLD WAR III IS THE COMPELLING REASON FOR A YEAR END RESPONSE BY THE SUPER POWERS:
Since Russia entered Syria the world has grown into messy space. Today we have the Violence from Mali to Paris. We have lock downs of entire nations who can’t unlock the lock downs. We have valid threats from Atlanta to Washington with slaughter after slaughter of non combatant civilians – woman and children – not as collateral UNINTENDED war consequences – but from fully intentional violation of all human and global national treaties on war fare and war crimes. Not since Hitler has the world known equal EVIL or insanity. You can’t negotiate and deal with the insane. Not historically. Not in 2016. SLAUGHTER is what is arising at ever increasing pace levels.
As we begin the Thanksgiving Day Holiday – we see – Turkey ending extended warnings and blocking invasion of its territory by war machines from Russia – we see Ukraine escalating to block all Russian Flights over its air space and cutting off billions in gas buying having gone around Russia. Will Russia lose tens of billions of wealth revenues over a decade or will they invade Ukraine and reclaim Ukraine ( take about a week ). What would NATO do? Is this the end of NATO based in impotency?
In war the goal is to use your superior tools to assure the deaths are not your community but are decisively the other community opposing you. There needs be no more death of EU citizens being slaughter or USA citizens being slathered or African citizens being slaughtered. France and their voice of sanity and leadership suggesting a GRAND WORLD WAR III COALITION be evoked. The prongs of this new model in our opinion would make a once and for all statement. We would envision:
- ISIS controlled space, is Nuked in coordinated five minutes of ITS OVER.
- One from France.
- One from USA.
- One From Russia.
- Massive Military conventional GRAND COALITION FORCES are moved into Africa and the Gulf and wipe out terror from Lybia to BOKO – using our Nuke Like fire powers to their camps and communities – all in one month of coordinated massive decisive example of what the insane brains cost their own community.
Their defeat is utter and total. Also the idea we will USE OUR SUPER POWERS has expressed itself and we will not permit others to use them without instant consequence – such as North Korea or Pakistan. The WORLD HAS SPOKEN.
We do not need for our innocents to be slaughtered. They opened the INTENTIONAL SLAUGHTER OF INNOCENCE and we will no longer hold back but we will play by their rules. The populations in their communities have CONVERTED and support the insane idea of a MASTER FAITH as insane as a MASTER RACE.
The Holy Spirit that is sane celebrates all diversity it alone created.
The dark force punishes all diversity it can not control outside its insanity.
Cooperation versus competition.
Sanity versus insanity.
The history books show us – never wavering – 100% of all human experience – the cost of appeasement spirals into a cost too terrible to imagine. It never not once has worked. Delays to nip the source once and for all amp up cost in death and suffering by enormous proportions.
We are waiting for ISIS to attack us with weapons of mass destruction. They already have attacked us. Again and again. They have directly threatened mass destruction and total destruction upon us. They are confident they are safe and the SUPER POWERS are ridiculous because they believe we will never not ever “use” our SUPER POWERS.
The GRAND COALITION must use their SUPER POWERS to protect their communities – all at once – all together – so this is largely over and complete in any funded coordinated attack by the insane upon us – in five minutes – because they are not only gone – they are an example they won’t be back on those sites for thousands upon thousands of years. A STATEMENT has been made and a red line has been defined.
The massive collective Muslim and God fearing communities of the world, will celebrate together the cooperation that will define the coming centuries for our unborn generation. Allowing a spiral in cost of world market security – personal security for communities – and a spiral into a diverted World War III where a GRAND COALITION IS IMPOSSIBLE.
A ground war against ISIS is fighting Sadam’s best general and best trained and equipped armies with new resolve – crazy insane religious fervor – and billions in income – all stopped with three strikes to suggest THE WORLD IS NOT ANGRY AT HELL AND WILL NOT TOLERATE INSANITY TODAY we are too connected not to celebrate our differences – those who punish differences will be deleted from the world landscape with love and forgiveness for all. Poof. Boom.
And OUR citizens do not suffer and dire by potentially the millions. Failure to act is not going to resolve anything. The cost in lives and economic threat to the entire world fabric is spring into WORLD WAR III as this Blog has repotted since 2008 and the financial crash – when the digital weapon was used for the first time on world markets – starting WORLD WAR III which began on line and continues on line. We are loosing.
War is awful. Denial is insane.
We are IN WORLD WAR III now. It is spiraling. Everyone knows it.
The crises on our side is LEADERSHIP.
Leadership collective vision.
Leadership into the French inspired GRAND COALITION.
We place these thoughts for debate to the world stage.
A solution is in least time least cost of life to remove the insane and their growing powers from the world stage is the end goal. HOW is the remaining question the CRISES OF LEADERSHIP globally must now come together and resolve.
We suggest a WORLD WAR SUMMIT with all the sane powers their leaders and military decision makers included to resolve behind closed doors the GRAND COALITION.
The time is takes to forge a GRAND COALITION because the Crises of Leadership lacks VISION FOR A PROCESS is going to cost the world what could be the worst humanity cost in recorded human history. We are going to WAIT until ISIS buys a North Korean Bomb? Or a black market weapon and uses it? So we can say – they started it? PLEASE.
Presenting just that cost to us – given their clear threat to slaughter all of us collectively – is enough. WE CAN USE OUR SUPER POWERS IN SELF DEFENSE WHERE IN FIVE MINUTES WE NO LONGER HAVE A THREAT REMAINING LIKE ISIS IN THE WORLD. No organization. No leaders. No financial fuel. All gone. Five minutes. No death for us. Minimum death for the world. The world order is collectively protected and that act of and in itself will forge the GRAND COALITION PROCESS that will resole other issues between the sane versus the insane.
COOPERATION resolves the crises in leadership where all competition is INSANE. As we are seeing.
THNK ABOUT IT.
Berny Dohrmann – Chairman CEO SPACE thinking out loud for world leadership
PS: Forward this blog to law makers and influence partners to define the matrix of options that flow from the debate – the gauntlet is now before the leadership stage. This Thanksgiving I give thanks for forging a GRAND COALITION ( THANK YOU FRANCE ) AND RESOLVING THE ISSUE ONCE AND FOR ALL sooner than later. Anonymous you might place this the right hands to resolve the crises in leadership you are helping to fill a void into.