Forwarding an interesting analysis of the present position of reduction in Oil price:S.V.SAI BABA
The Arab Oil Bubble burstNoone believed this would happen so fast, but the US is already the world'sbiggest oil manufacturer, bigger than Saudi Arabia, thanks to the oil shaletechnology which changed the world of energy. Within a year, the US is expected to export about one million barrels of oil aday and produce 12 million barrels a day. Iran, for the same of comparison,manufactures about a million and a half barrels a day. This means that oil prices will continue to drop, as the US is alreadycompeting against other manufacturers. As a result, Russia will be crushed,Saudi Arabia and the rest of the Gulf states will fall flat on their face, thecartel will collapse, and all the dictatorships which were mainly based on oil– like Iran – will face a gloomy future. At the same time, democracies like Canada, Brazil, Mexico, Nigeria and evenlittle Israel will enter the market. The Arab oil erais over, and so is the destructive power of the Persian Gulf's oildictatorships. These dictatorships have disgracefully controlled the failingEurope: Buying politicians, bribing companies, taking over the economy andgaining political power which was also used against Israel. It will take a few months, but both the Europeans and the Americans willrealize that the era of the destructive Arab power is over, because the Gulfstates will have no money to spend. On the contrary, they will be rocked fromthe inside by social, ethnic and terroristic shocks, as they will have no moneyleft to continue satisfying terror.The signs of thedrop in Arab power can already be seen. Twenty-two Arab states made a hugeeffort last week to pass an anti-Israel resolution at the United NationsSecurity Council, but failed. The US was undeterred by them, and so were strongWestern countries. It's true that France and Luxemburg are still controlled bythe Arab capital, or think they are, but they will also realize that the era ofArab money is over.But as oil pricescontinue to drop, what will happen to Russia? The country is collapsing andcould turn to a European war to save itself. And what willhappen to Egypt, which is funded by Saudi Arabia? The latter is already cuttingits aid to Cairo, because the money is no longer obvious.And what aboutthe rich Gulf states, like Qatar? They are deluding themselves that someonewill be interested in them if they don’t have oil. Some are even toying withthe idea of tourism. Well, if there is no oil, no one will want to come thereat all, and the sand will once again cover the towers rising in the air whichthey have built. And Mahmoud Abbas' Palestinian Authority? Well, no one in the Gulf actuallydonated money to this entity even before the crisis, although there were alwaysfestive declaration.As the year 2015begins, we are facing a new world: A world of a revolution of information,mind, personal strength, innovation and inventions. And in this world, Israelis a real princess. The Arab oil era is over, and the global and Israeli mind era begins. It's afact that countries which wouldn't dare approach us in the past – because ofthe Arab extortion – are now doing so hastily, as if to make up for the losttime of so many years. Israelis becoming a close friend of countries which were distant in the pastbut are close today, like India, Japan, China and South Korea. They toounderstand that those who are not innovative and lack a creative mind will justnot be. And in this field, Israel has a lot to offer them, just like they havea lot to offer in return -- You received this message because you are subscribed to the Google Groups "Thatha_Patty" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
