The OPEC Oil Price Solution

The OPEC Oil Price Solution

By: Rev. Frank Paul Jones aka Apostle Paul Castellano bka Jesus Christ

Simple solution. They lied and said, that the demand went down and therefore the prices are falling fast.  This will destroy their credit ability as a leader of OPEC.

Let unite all non OPEC nations and buy all of the OPEC oil being produced and leave it where it is. They got it where you buy now and received later.  So whatever we do that can respond with a new price. But not on the ordered fuel.

But all OPEC oil at about $75 per barrel from OPEC and have all Non OPEC nations to charge $100 per barrel. The OPEC nation eat and we make a deal worth food exports to them to help them through this. They can control OPEC prices, but did they predetermine how much they can buy or must buy? No! If they did they could not lie about demand.

They have to buy, because they are depleted in the EU and is trying to steal a reserve. They cannot attack the Middle East, but when we do this, they make attack the oil producing nations, because they will be destroyed. This is the last move, before they are forced to get crazy.

EU Dependence non Oil Imports:

Most of the EU-15 countries are very dependent on imports of oil and gas (between 80 % and 100 %). As the oil and gas reserves of Denmark and the UK are virtually depleted, the import dependence of these two countries is moreover likely to rise sharply by 2015 from almost 0% at present. This shift will lead to a consider- able rise in overall EU demand for oil and gas imports. In 2005, the EU-15 imported 80 % of its oil. In 2015, this would amount to about 97 % (assuming that the re- serves of the two aforementioned countries are by then entirely depleted). The EU-15 imported 55 % of its gas in 2005.

OPEC:

The Organization of the Petroleum Exporting Countries (OPEC) was founded in Baghdad, Iraq, with the signing of an agreement in September 1960 by five countries namely Islamic Republic of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. They were to become the Founder Members of the Organization.
These countries were later joined by Qatar (1961), Indonesia (1962), Libya (1962), the United Arab Emirates (1967), Algeria (1969), Nigeria (1971), Ecuador (1973), Gabon (1975) and Angola (2007).
From December 1992 until October 2007, Ecuador suspended its membership. Gabon terminated its membership in 1995. Indonesia suspended its membership effective January 2009.
Currently, the Organization has a total of 12 Member Countries.
But why does the price of oil keep falling? Back in June 2014, the price of Brent crude was up around $115 per barrel. As of January 5, 2015, it had fallen in half, down to $52 per barrel:

NON OPEC:

Of all the non-OPEC producers, only 30 have significant production (over 100 thousand barrels per day). This is an analysis of the EIA data for those top 30 non-OPEC producers, plus all 12 OPEC producers, up through 2009. Of these 42 largest oil producing countries in the world, representing roughly 98% of all oil production, 30 have either plateau or passed their peaks. Compiled June 2010 by Rembrandt Koppelaar (non-OPEC) and Chris Nelder (OPEC).

Millions of barrels per day
Country	2002	2003	2004	2005	2006	2007	2008	2009	Peak Year
Top 30 Non-OPEC producers (over 100,000 bpd)
Russia	7.41	8.13	8.80	9.04	9.25	9.44	9.36	9.50	?
United States	5.75	5.68	5.42	5.18	5.10	5.06	4.94	5.31	1970
China	3.39	3.41	3.49	3.61	3.69	3.72	3.80	3.80	?
Mexico	3.18	3.37	3.38	3.33	3.26	3.08	2.79	2.60	2004
Canada	2.17	2.31	2.40	2.37	2.53	2.62	2.59	2.58	?
Norway	3.13	3.04	2.96	2.70	2.49	2.27	2.17	2.07	2001
Brazil	1.46	1.50	1.48	1.63	1.72	1.75	1.81	1.95	?
Others	1.27	1.32	1.63	1.48	1.61	1.70	1.83	1.78	?
Kazakhstan	0.82	0.89	1.01	1.29	1.31	1.36	1.34	1.46	?
United Kingdom	2.29	2.09	1.85	1.65	1.49	1.50	1.38	1.33	1999
Azerbaijan	0.31	0.32	0.31	0.43	0.64	0.84	0.87	1.01	?
Indonesia	1.25	1.16	1.10	1.07	1.02	0.96	0.97	0.95	1994
Oman	0.90	0.82	0.75	0.77	0.74	0.71	0.76	0.81	2001
India	0.67	0.66	0.68	0.67	0.69	0.70	0.69	0.68	plateau
Colombia	0.58	0.54	0.53	0.53	0.53	0.53	0.59	0.67	1999
Argentina	0.80	0.78	0.73	0.70	0.70	0.68	0.66	0.65	1998
Malaysia	0.70	0.74	0.67	0.63	0.61	0.59	0.61	0.58	plateau
Egypt	0.63	0.62	0.59	0.66	0.64	0.64	0.60	0.54	1995
Australia	0.63	0.51	0.47	0.45	0.43	0.47	0.48	0.48	plateau
Sudan	0.24	0.27	0.34	0.35	0.38	0.46	0.48	0.48	plateau
Syria	0.47	0.46	0.41	0.43	0.41	0.38	0.39	0.37	1995
Equatorial Guinea	0.21	0.21	0.37	0.36	0.34	0.35	0.34	0.32	? 2004 ?
Yemen	0.44	0.45	0.42	0.40	0.38	0.32	0.30	0.29	2002
Vietnam	0.34	0.35	0.40	0.38	0.36	0.32	0.28	0.29	2004
Congo Brazzaville	0.25	0.23	0.23	0.23	0.24	0.21	0.23	0.27	1999
Denmark	0.37	0.38	0.39	0.38	0.34	0.31	0.29	0.26	2004
Gabon	0.25	0.24	0.24	0.27	0.24	0.24	0.25	0.24	1996
Brunei	0.16	0.19	0.18	0.18	0.20	0.16	0.14	0.14	2000
Trinidad & Tobago	0.12	0.12	0.15	0.15	0.14	0.12	0.11	0.11	1978
Tunesia	0.08	0.08	0.07	0.07	0.07	0.09	0.10	0.11	1983
Total	40.74	41.38	41.92	41.90	42.03	42.05	41.60	42.02	plateau
All 12 OPEC Producers
Saudi Arabia	7.63	8.78	9.10	9.55	9.15	8.72	9.26	8.25	?
Iran	3.44	3.74	4.00	4.14	4.03	3.91	4.05	4.04	?
UAE	2.08	2.35	2.48	2.54	2.64	2.60	2.68	2.41	?
Iraq	2.02	1.31	2.01	1.88	2.00	2.09	2.38	2.39	?
Kuwait	1.89	2.14	2.38	2.53	2.54	2.46	2.59	2.35	?
Venzuela	2.60	2.34	2.56	2.56	2.51	2.43	2.39	2.24	1997
Nigeria	2.12	2.28	2.33	2.63	2.44	2.35	2.17	2.21	2005
Angola	0.90	0.90	1.05	1.25	1.41	1.74	1.98	1.91	plateau
Algeria	1.31	1.61	1.68	1.80	1.81	1.83	1.82	1.78	2008
Libya	1.32	1.42	1.52	1.63	1.68	1.70	1.74	1.65	plateau
Qatar	0.68	0.72	0.78	0.84	0.85	0.85	0.92	0.93	?
Ecuador	0.39	0.41	0.53	0.53	0.54	0.51	0.50	0.49	2006
Total	26.39	27.98	30.41	31.87	31.59	31.21	32.48	30.64	?
Total, OPEC plus top 30 non-OPEC								72.66