OIL RESERVE CRISIS – WHAT YOU SHOULD KNOW

oil reserves india

oil reserves india

What is happening in India?

The Libyan Unrest was staged in order to set up an energy crisis.

The U.S.A will now tap it’s oil reserves in order to further influence the market.

These people are just making it up as they go along.  They will just put on this dog and pony show

to make you the viewer believe there is a reason for it.

NEW YORK (Dow Jones)–

“The sell-off isn’t a result of [jobless] claims as much as it is Trichet’s comments overnight and a delayed reaction to Bernanke’s more sober assessment of U.S. growth,” said Tom Murphy, sector leader and portfolio manager at Columbia Management LLC in Minneapolis.

In a surprise move, the International Energy Agency announced that it would release 60 million barrels of oil stocks due to supply disruptions stemming from Libya’s ongoing conflict.

– The Wallstreet Journal

http://online.wsj.com/article/BT-CO-20110623-707387.html

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