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Obama says gasoline will go to $12.00 dollars per gallon if Iran closes Straits of Hormuz (Video)

The new technology known as horizontal drilling has exponentially increased America's recoverable energy reserves. This technology allows a single well to pull in oil/gas from a number of different sources. As a result, the U.S. has some of the largest oil and natural gas reserves in the world, but Obama is hellbent on limiting our ability to use them. Given the instability in Iran and the Middle East, domestic oil and gas production is vital to U.S. national security.

Obama made the following comments about oil and national security during a speech in Ohio. "An even more immediate and direct security threat comes from our dependence on foreign oil. The price of a barrel of oil is now one of the most dangerous weapons in the world. Tyrants from Caracas to Tehran use it to prop up their regimes, intimidate the international community, and hold us hostage to a market that is subject to their whims. If Iran decided to shut down the petroleum rich Strait of Hormuz tomorrow, they believe oil would skyrocket to $300-a-barrel in minutes, a price that one speculator predicted would result in $12 dollar a gallon gasoline." Given Obama's knowledge of oil as a weapon, his use of the EPA to limit domestic production should be considered treason. The previous comments come at 2min/42sec into his speech. Here's the link:

http://www.youtube.com/watch?v=_htFLt01ntU

Obama probably raised the issue of Iran closing the Straits of Hormuz as a means to scare people into clean energy policies, which he's admitted will cause energy costs to "skyrocket". Whatever Obama's reason for mentioning Iran as a threat to U.S. oil supplies, the fact is, the energy polices of Iran and Obama pose an imminent threat to U.S. national security. But Obama did not originate the fraudulent global warming/clean energy agenda. Before Obama became President, the CEO of General Electric, Jeffrey Immelt, addressed the National Governors Association. Immelt told the governors to subsidize GE's clean/green energy in order to save the world from global warming caused by CO2 emissions. Exxon's CEO is also calling for a CO2 tax to subsidize algae fuels research, not to mention Wall Street's push for Cap and Trade. For links to all this info, check out my post "The Occupy Wall Street Agenda and Climategate".

http://www.standupforyourrights.me/?p=523

Iran couldn't be a threat to the U.S. without support from China and Russia, which couldn't be a threat to the West without US support. This incestuous relationship allows global elites to play both sides of global conflicts. Syria is a prime example. This keeps people divided and guarantees profits for the globalized war machine. In this next video, a Chinese political scientist talks about Russia and China creating a new world order, which is being financed by Wall Street and US multinationals. If the first link doesn't work, there's a shorter youtube version below.

http://rt.com/news/russian-chinese-relations-expert/

http://youtu.be/NeQ70AuoJg8

These short video clips from a Senate Foreign Relations Committee demonstrate that China is arming Iran with nuclear and chemical weapons. And last year, China's Vice President Xi was in Washington DC calling the US a "partner". Hmmm?

http://www.c-spanvideo.org/clip/4062076
http://www.c-spanvideo.org/clip/4062085
http://www.c-spanvideo.org/clip/4062088
http://www.c-spanvideo.org/clip/4062073

Pat Mulloy is a member of the US/China Economic and Security Review Commission. In the next clip, he says large trade deficits with China will result in large chunks of the U.S. economy being owned by the Communist government of China.

http://www.c-spanvideo.org/appearance/600148025

For all intents and purposes, US financial elites and industrialists have seceded from the Union and partnered up with China's totalitarian regime. They're engaged in economic terrorism against the U.S. as a means to crush representative government. Consider what would happen if Iran, a client state of China, blocked the Straits of Hormuz. WWIII would be great for the mass murdering war profiteers.

Wall Street and US multinationals prefer China's totalitarian political model and command/control economic model. They're setting China up to be the next host for a Globalized Military Industrial Complex. For more on the treasonous US/China partnership, check out the post titled "Communist China Tortures Religious and Free Speech Advocates". Here's the link:

http://www.standupforyourrights.me/?p=115



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Domestic gasoline usage down 6% from 2007.

US oil companies are a net exporter of gasoline.

Do get the prices of Gas to $12/gallon in spite of a glut and weak demand would require US to close the Gulf of Hormuz.

Stifling trade would be unprofitable for Iran.

So close the Gulf, blame the Iranians then break some windows to stimulate the economy. The neoKeynesian don't dig ditches then fill them in. They refer to war as creative destruction

The old owners are destroyed with their property and new owners are indebted to financial concerns.

The New World Order is simple. Debt for everyone.

Free includes debt-free!

War is creative destruction, according to central banks

And what better way to start WWIII than close the Straits of Hormuz? Iran is nothing but a pawn in the emerging new world order. If the Straits are closed, it won't be because Iran made the decision. It will be a multi-lateral decision made by central banks and the multinationals they finance. What's important is the end game, which is to bankrupt the U.S. and make China's totalitarian regime the new host of a Globalized Military Industrial Complex. The writing is on the wall, just trying to point it out.

http://www.standupforyourrights.me

http://www.dailypaul.com/277342 (Rand Paul: One person can make a difference)
http://www.StandUpForYourRights.me/?p=1264 (Fast and Furious hearing)

Bankers are paving the road to Serfdom.

Government is not going to help.

They are unlikely to proclaim Gold and Silver legal tender for States.

The last time it happened was by Andrew Jackson in his 1836 Specie Circular.

Time to go leave the faith based currency for those who trust government and bankers.

Time to get off Serfdom HYWY and go off-road towards freedom.

Free includes debt-free!

Ha ha ha, what hot air... one thing he has not been able ...

...one thing he has not been able to control, is the ultimate effect of the free market!

He knows, as do the oil companies, that the free market, and the drop in consumption which will result, will force the truth from the stingy hands of the oil monopoly as well as from the Usurper-in-Chief!

The prices are hyper-inflated right now! The stolen value of the dollar notwithstanding, they are making a killing right now! They do not want this fact being exposed by a huge decline in consumption and the resultant GLUT in the market which would follow. Such a glut would force them to drastically drop prices!

Now, they are really being faced with the looming and mathematical collapse in both value of the FRN as well as confidence in it's use!

The FRN is already inflated beyond imagination! That fact cannot be altered. It is only awaiting the tidal wave of distribution effect to hit once and for all.

It happens all over the world... and throughout the decades. Zimbabwe uses 100 Trillion notes for bread today. There only lacks a few more weeks or months for the inevitable to land on our shores! We will be forced back to the money of the 1960's and before... ironically, it had value then, it does now, and it will again!

The fact was, we could earn 10-20 gallons of gas per hour driving a fork-lift, and doctor visits were $6 in silver. That is $240 in today's FRNs, which means an income of only a few cents driving the fork lift or one dollar for a doctor visit in today's earnings.

This is a huge drop in wages and real value; a huge decline in the standard of living today! No wonder my dad could pay for a complete house in 15 years on a small ministers salary!

Your neighbors are hurting. It remains for the liberty minded to acquaint them with the real reasons why that is. If you do, there is your party of massive proportions!

A principled constitutional America above party, and all America will come to your party!

What free market are you talking about?

The Fed's QE to infinity is a massive market intervention. If by "free market" you're referring to the fact that global central banks are "free" to manipulate markets, you would be right. The Chinese yuan is slated to become the new world reserve currency and they're buying the gold to back it. I should say the Fed, Wall Street and US multinationals are supplying the Chinese gov't with capital to buy gold.

If Iran closed the Straits of Hormuz, which is unlikely, there would be a temporary spike in U.S. gasoline prices, which illustrates the need to maximize U.S. domestic production. And there may be an oil glut resulting from a temporary closure of the Straits, but China has locked in a $50 dollar per barrel price so their oil consumption would continue to increase.

If you watch the Wall Street hacks who host market shows on CNBC, they all claim to be free market disciples. And the business model of Too Big To Fail and Too Big To Prosecute banks, is based on systemic fraud. So the free market is a market free from the rules of capitalism and rule of law, which is nothing more than organized crime. What we need is a competitive, capitalist market economy based on the rule of law. Check out my post titled "Morals, Ethics and the Role of Gov't in a Capitalist Economy". http://www.standupforyourrights.me/?p=917

http://www.dailypaul.com/277342 (Rand Paul: One person can make a difference)
http://www.StandUpForYourRights.me/?p=1264 (Fast and Furious hearing)

didnt this idiot

Just try to tell americans that the US was going to be the biggest oil producer in the world. If that was true why in the heck would iran closing anything affect our gas prices.

So which is it mr oliar. Cause it can't be both.

Who said America"s going to be the world's biggest oil producer?

Horizontal drilling is a new technology that, in conjunction with fracking, has exponentially increased recoverable oil and gas reserves in America. The media narrative suggests that hydraulic fracturing (fracking) is a new technology but this is false. Fracking is a sixty year old technology that has proven to be safe. But oil monopolies are using the EPA to limit fracking, thereby limiting production and maximizing price.

With the combined oil reserves of Mexico and Canada, the U.S. would be energy independent and Iran would have little ability to affect U.S. gasoline prices. But that would only happen if US financial and oil monopolies wanted the U.S. to continue as the world's most powerful economy and Constitutional Republic, and they don't. The monopolies that control America hate the idea of a soverign nation based on the rule of law and individual liberties. So they have partnered with Communist China as a means to bankrupt America and turn it into a virtual dictatorship with a command/control economy.

http://www.standupforyourrights.me

http://www.dailypaul.com/277342 (Rand Paul: One person can make a difference)
http://www.StandUpForYourRights.me/?p=1264 (Fast and Furious hearing)

obama just said it.

Not you lol

Obama just said what?

Are you suggesting that Obama said America will be the world's largest oil producer? If that's what you think, you'd better put down that crack pipe for awhile. Wall Street owns Obama and Goldman Sachs is leading the push for Cap and Trade, a carbon tax and regulations on fracking, all of which guarantee a reduction in U.S. oil production and consumption. Wall Street is using energy policy to limit America's ability to compete globally, thereby diverting global oil resources to their booming manufacturing economy in China, which doesn't have to play by the same environmental rules. Welcome to the new world order "free" market from hell.

http://www.standupforyourrights.me

http://www.dailypaul.com/277342 (Rand Paul: One person can make a difference)
http://www.StandUpForYourRights.me/?p=1264 (Fast and Furious hearing)

Did he throw in the ole

Did he throw in the ole George Bush, "freedom isn't free", talk?

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"Ehhh, What's ups Doc?" B.Bunny "Scwewy Wabbit!"E. Fudd
People's Awareness Coalition: Deprogramming Sequence

If it does

The farmers would be rolling in it imo.

Places like Walmart should of outsourced their fleets ;)

donvino