Oil 'May Dive to $25 Next Year'

It might happen before next year, the way things are going.

 

Were down to $41/barrell now. The question I have is WHY? There are many theories out there. The hedge funds chasing each other to buy in the upward climb to $150, or the China investors insuring costs for productivity. After all, China has been investing heavily in non OPEC countries in Africa to have good standing with whatever government in is power, to have access to their oil. With the recent Military exersizes in the southern Caribbean between Chavez and Putin and the first Russian warship passing thru the Panama canal has me wondering if the arab cartel (remember the USA militarily protects and backs the Saudi's, and never questions their non-democratic, non-human, sexist policies} with the approval of our adminitration, is trying to bankrupt non-OPEC competition, primarily Russia. This reduction in oil prices helps us Americans in our cost of living and business now when we need it, but I wonder WHY the powers that be have stopped raping us with $100+ oil. What do they have in store for us next...

 

Uh, what does worldwide demand destruction mean to you?

 

Has demand really dropped to almost a quarter of the oil used six months ago? What correlation does this decline in oil prices have with the timing of China's olympics have? They are the fastest growing demand on the planet. Something unexplaned, as to how we were pushed to see how much we could stand at the pump, and now how much control of non-OPEC economies can be? Something ain't right... 'that dog don't hunt'!