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Oil Will Soon Double in Price- Hyperinflation Is Right Around the Corner

Tuesday, October 11, 2016 6:08
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(Before It's News)





Famed economist, Joseph Meyer, recently said on my show that on the way the America’s economic collapse, oil would first double in price in the upcoming months. This will lead to hyperinflation because everything is shipped.  If you do not have your supplies in place, it is almost too late.

I would strongly suggest that you forward this warning to your family and friends.

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This is the absolute best in food storage. Dave Hodges is a satisfied customer.    Don’t wait until it is too late. Click Here  for more information.

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Total 7 comments
  • Yes, get things on an ongoing basis. You don’t know how long the low oil prices will last. It’s not what you think it is. :cool:

  • Oil is going to double in price and gas will cost as much as it did two years ago.

    The only thing that will save you is buying my Numana Tea. Recommended by Dave Hodges.

  • the price of gas is going to double and all those able will no longer tour america. the first tier level will fall. the shops will close. the hotels will close. the restaurants will close. and the jobs will evaporate. then the second tier level will fall. the plant nurseries. the herb stores. the book stores. the clothing boutiques. the pot dispensaries. the building companies. everything will be bought up for pennies on the dollar. then the price of gas will go down again. more war games. start over. i get it, katie.

    • When the World is runnin’ down you make the best of what’s still around !

  • Come on. Our reserves are FULL of fracked crude, difficult to refine, costs about $50 per bbl to get out of ground (break even). We had 1600 rigs on line 2 yrs ago, latest count is 428. If rigs aren’t on line, frackers are losing their shirt, but if reserves are full, there’ no where to put the excess oil. We need Saudi’s light sweet crude because fracked crude can’t be refined into gasoline by itself, it need to be mixed.

    So, when the price is at $50 like now, the bring a couple of rigs (3) back online, and it send the price right back down. This is the definition of peak oil. They can’t afford to extract, but the can’t afford not to.

    So yes, gas is going to become hard to get, because the fracked crude is damaging refineries, and they are starting to refuse it. We still have tankers full sicking in the Gulf of Mexico for months, with nowhere to take the oil.

    So learn the truth, it has nothing to do with opec or even the petrodollar this time. This is all because of fracking.

    • Google refinery at look at the latest news. Torrence just had another major flare, shutting down power in the area, and causing people to shelter in place. This is like the 3rd time this year! BP whiting is shut down for maintanence, and BP is being sued by Marathon for selling a defective refinery in Texas, and Port Arthur was just shut down for emergency repair, Let not forget, the Colonial pipeline ruptured, and is STILL operating under a temp bypass. Hmmm.

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