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Dec 5, 2014 Do not harm the oil or the wine and the Shemitah 2014-2015

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It has always been a mystery to me what God said about the oil and the wine in Rev 6-6 that follows. 5When the Lamb opened the third seal, I heard the third living creature say, “Come!” I looked, and there before me was a black horse! Its rider was holding a pair of scales in his hand. 6Then I heard what sounded like a voice among the four living creatures, saying, “Two poundsa of wheat for a day’s wages,b and six poundsc of barley for a day’s wages,d and do not damage the oil and the wine!”.

In the last few days or weeks we have seen the price of a barrel of oil collapse to the mid $60’s and it keeps falling down. This effect is the direct cause of an over supply of oil coming into the market as the USA shale oil is increasing production with the direct result of independence from oil of antagonistic nations to the USA.

There can be several ramifications beyond the economic realm as nations like Russia, Iran, Venezuela and the Arab gulf nations experience a depression of their economies that could lead to instability and even war.

It is well to notice a Biblical law of God called the year of the Shemitah which goes from September 2014 to September 2015 and that causes economies to collapse and brings the downfall of nations. Prior posts here explain this law which can be seen acting this year as well as in 2001 and 2008 in the economies of the world as that of the USA.

Nando

http://www.msn.com/en-us/money/topstocks/opec-shale-spat-wont-cut-us-output-as-profit-seen-at-dollar25-oil/ar-BBgkd4G

OPEC Shale Spat Won’t Cut U.S. Output as Profit Seen at $25 Oil

Bloomberg
Joe Carroll 7 hrs ago
© Bloomberg

OPEC’s price war against the American shale industry will erode drilling budgets, shrink profits and even bankrupt some companies. It won’t do the one thing cartel leader Saudi Arabia wants: reduce U.S. production.

In the three geologic formations that account for 88 percent of U.S. shale oil output — North Dakota’s Bakken and the Eagle Ford and Permian in Texas — explorers can drill new wells profitably in some areas even if crude falls to $25 a barrel, according to a team of analysts led by Manuj Nikhanj at ITG Investment Research Inc. That’s less than half yesterday’s $67.38 closing price for U.S. crude.

The basins most vulnerable to the ravages of a price war are those with lower-producing wells such as the Eaglebine in east Texas and Denver-Julesburg in Colorado. Their higher costs and middling output mean explorers operating there require average prices of $75 to $84 a barrel to make new drilling worthwhile.

While a map of winning and losing shale regions can be drawn from Canada to Louisiana, the bottom line is that the most prolific fields will keep production churning where it counts the most. Oil companies can be counted on to more aggressively concentrate on these “lower risk fields that are a lot cheaper to drill and faster to cash,” said Troy Eckard, chief executive officer at Eckard Global LLC, a Dallas-based investor in more than 260 Bakken shale wells.

Market Tailspin

Oil markets have been in a tailspin since June as weakening growth in global demand met surging production in North America to deflate prices 28 percent. In refusing to cut output when its 12 member countries met on Nov. 27, the Organization of Petroleum Exporting Countries is trying to force the U.S. shale industry to bear the brunt of a market rebalancing by pressuring it to pullback on drilling.

“We are entering a period of extreme volatility in oil because the Central Bank of Oil just resigned its position,” Paul Sankey, an analyst at Wolfe Research LLC and former International Energy Agency researcher, said in a note to clients. OPEC’s inaction in the face of tumbling prices means “the notoriously boom-bust” U.S. energy industry becomes “the price setter for global oil prices.”

Oil futures in New York fell as much as 60 cents to $66.78 a barrel today.

The question becomes what kind of staying power the shale producers can muster, and whether OPEC — particularly its weaker members who already favor a production cut — can hold out as long.

Bullseye Focus

It would take a 50 percent reduction in capital budgets across the industry to halt enough drilling activity for shale output to begin declining, Mark Hanson, an analyst at Morningstar in Chicago, said in an interview. That probably won’t happen unless crude prices continue dropping and stay deflated for an extended period, he said.

“When prices collapse, you concentrate on your best stuff,” Hanson said. Companies will “focus on the bullseye.”

U.S. producers have had years to hone techniques that lower costs and increase output, making major cutbacks less likely than ever. Although the average profitability threshholds in the Big 3 shale zones are about $65 a barrel, some wells can make money at $25, ITG’s Nikhanj said.

And shale is not the whole U.S. story. While it represents the fastest growing new source of oil, 54 percent of U.S. domestic output comes from places such as Alaska and the deep waters of the Gulf of Mexico, as well as older wells in the continental states that have been pumping crude through ups and downs for decades.

Cash Squeeze

Shale explorers have seen their market value fall by more than $150 billion since June as investors worried about disappearing cash flow and whether companies that borrowed heavily to amass drilling acreage, hire crews and lease rigs can survive lower oil prices.

Some drillers have relied on debt to buy drilling rights and rent rigs, doubling energy bonds’ share of the high-yield market to 17 percent since 2008, according to an Oct. 14 report by Citigroup Inc. The $90 billion of debt issued by junk-rated energy producers in the past three years has fallen 13 percent since the crude rout began in June.

Because the amount that drillers can borrow from bank lenders is tied to the value of their reserves, falling prices increase the risk they’ll face a cash squeeze, according to an Oct. 9 report by Spencer Cutter, an analyst at Bloomberg Intelligence in Skillman, New Jersey.

The extra yield investors demand to hold the bonds of energy companies instead of comparable U.S. Treasury securities has more than doubled since June, Bloomberg data show.

‘Nice Cleansing’

Minor shakeouts are a regular occurrence in the oil business when bull runs end. “Low prices are really doing us a favor,” Eckard said. “This will get rid of all the weak players, all the fat, and we’re going to have a nice cleansing in the industry.”

In the meantime, shale explorers are charging ahead with plans to boost production in 2015, albeit with tightened belts and a narrower focus on the richest oil fields in their portfolios. All told, U.S. oil output climbed 7.5 percent since the price rout began on June 20, reaching a record 9.1 million barrels a day in the week ended Nov. 28, according to data compiled by Bloomberg.

In the midst of free-falling crude prices, shale specialist EOG Resources Inc. last month lifted its full-year production growth target to 16.5 percent from an earlier forecast of 14 percent. To ensure ample cash for drilling, the Houston-based company already has locked in prices above $90 a barrel for about 10 percent of its 2015 crude output.

Resilient Producers

Shale producers won’t shut oil wells in response to the market’s collapse because most still are profitable, and even those that aren’t need to provide cash flow for debt service and other corporate expenses.

For an example of how resilient U.S. shale production is in the face of lower prices, one need only look to Continental Resources Corp: the creation of billionaire wildcatter Harold Hamm spent about $5.50 to produce each barrel of crude from its Bakken wells after they’re drilled; in the company’s Great Plains discovery known as the South Central Oklahoma Oil Play, or SCOOP, the cost was 99 cents. Those figures reflect full-year 2013 costs published in the 10-K report Continental filed with the U.S. Securities and Exchange Commission and are the most recent available.

Continental, the biggest holder of drilling rights in the Bakken, last month said 2015 output will grow between 23 percent and 29 percent even after shelving plans to allocate more money to exploration.

350 Wells

The Oklahoma City-based company plans to spend $4.6 billion next year — unchanged from 2014 levels — to drill 350 new wells across North Dakota and Oklahoma. That budget is 12 percent less than the $5.2 billion Continental had previously signaled it would spend in 2015.

In North Dakota’s Bakken, where the 1.2 million barrels of daily output exceeds that of Indonesia or Oman, drillers will soon begin shifting rigs from high-cost, low-profit fields in the northern counties of Burke and Divide to richer geologic formations known as the Nesson Anticline and the West Williston Basin, said Gabriele Sorbara, an analyst at Topeka Capital Markets in New York.

The Nesson Anticline and West Williston are homes to fields with names like Sanish and Parshall that have “the best wells” in the entire Bakken, Sorbara said. In addition to Continental and EOG, drillers in the region include Oasis Petroleum Inc. and Hess Corp.

–With assistance from Isaac Arnsdorf, Nabila Ahmed and Sridhar Natarajan in New York.

To contact the reporter on this story: Joe Carroll in Chicago at jcarroll8@bloomberg.net To contact the editors responsible for this story: Susan Warren at susanwarren@bloomberg.net Robin Saponar

Nando

The article below is directly related to the one above. Is all this related to the year of the Shemitah that occurs every seven years?

http://www.msn.com/en-us/money/markets/ending-us-oil-export-ban-argument-bolstered-by-price-collapse/ar-BBglrb7

Ending U.S. Oil Export Ban Argument Bolstered by Price Collapse

Bloomberg
Zain Shauk, Dan Murtaugh and Laura Litvan 2 hrs ago
© متوفر بواسطة Bloomberg Dec. 5 (Bloomberg) — Collapsing crude prices have given oil producers a new argument for ending a 39-year-old U.S. ban on exports.

With U.S. output at a 31-year high and imports at the lowest level since 1995, producers seeking the best possible price for crude are straining at having to keep sales at home. Removing the ban could erase an imbalance between U.S. and foreign crude prices by expanding the market for shale oil.

A 38 percent decline in crude prices since June, “will weigh into the debate” and help make the case to lift the export ban, said Senator Lisa Murkowski, the Alaska Republican poised to take over as head of the Energy and Natural Resources Committee next year.

Lawmakers in Washington are set to hold a hearing next week on dropping the ban. Murkowski hasn’t decided yet whether she’ll introduce a bill to allow exports. Republicans, who are slated to take control of both houses of Congress next year, have yet to reach consensus on what to do.

The top House and Senate Republicans haven’t yet taken a position on the matter and some rank-and-file members, including Senator Susan Collins of Maine, say they are wary of action because of fears it may lead to higher gasoline and heating-oil prices.

President Barack Obama’s former top economic adviser Lawrence Summers called for ending the ban in September after the Brookings Institution, a Washington policy group, released an analysis showing that exports would lower gasoline prices. White House Press Secretary Josh Earnest declined to say yesterday whether lifting the ban was being discussed or considered by the administration.

Global Competition

The drop in prices exacerbates the pain of the export limit, said Erik Milito, upstream policy director for the American Petroleum Institute, a lobbying group that represents producers including Exxon Mobil Corp.

“This is a global competition for market share,” Milito said. “These other regions around the world want to raise the competitive pressure on U.S. energy and we’re asking our policymakers to at least put the U.S. on a level playing field.”

Since many U.S. refineries use heavier crude, instead of the light sweet variety that comes from shale formations, opening up the export market would give producers more customers. Refiners who benefit from the declining cost of crude they process have fought the idea of exports.

$2 Gasoline

“We support the current system regardless of the price and we are building more capacity to process domestic crude,” said Bill Day, a spokesman for Valero Energy Corp.

A decision by the Organization of Petroleum Exporting Countries last week to keep oil output unchanged has been viewed in the U.S. as an effort to depress prices and slow production growth from shale plays. West Texas Intermediate oil prices fell 10 percent the day after the OPEC decision was announced.

Led by declining crude, gasoline prices fell below $2 a gallon at a station in Oklahoma City this week.

The Government Accountability Office, Congress’s investigative arm, in an October report concluded that exports may lower pump prices by as much as 13 cents a gallon, even as they raise U.S. oil prices. That would happen because gasoline is pegged to Brent, a global benchmark price, rather than West Texas Intermediate, GAO said.

EIA Analysis

Many in Congress are awaiting an analysis from the Energy Information Administration, which collects and analyzes energy data, on the tie between U.S. gasoline prices and global oil markets.

“Should we let our foreign policy be driven by our need for foreign oil like we have for the past 40 years? I think not,” Tom O’Malley, chairman of refiner PBF Energy Inc., told reporters in Houston last month.

Limited crude exports, which include shipments to Canada, have surged to a near-record. The U.S. Commerce Department in June expanded its definition of what kind of oil products can qualify for foreign sale, allowing companies to send it out after minimal processing.

“The international energy markets clearly look very, very different from what they looked like in 1975,” U.S. Energy Secretary Ernest Moniz said at the Council on Foreign Relations in October. “It’s worth a re-examination.”

–With assistance from Angela Greiling Keane, Brian Wingfield and Jim Snyder in Washington.

To contact the reporters on this story: Zain Shauk in Houston at zshauk@bloomberg.net; Dan Murtaugh in Houston at dmurtaugh@bloomberg.net; Laura Litvan in Washington at llitvan@bloomberg.net To contact the editors responsible for this story: David Marino at dmarino4@bloomberg.net; Susan Warren at susanwarren@bloomberg.net Tina Davis, Will Wade

Nando end

Dec 4, 2014 Third Temple in Jerusalem, the Antichrist, The False prophet and the rise of antisemitism

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Just a few words of introduction for this part 1 of the final countdown as it appears in Prophecy in the News.

The themes discuss are the third Temple plans to be constructed in the near future, the Antichrist and the False Prophet, ISIS and specially the accumulation of prophetic signs that are rapidly coming together. Of special concerns is the discussion of the rise of antisemitism in the world and the discussion of Satan’s plans for the genocide of Israel and its people.

It was mentioned that 1/3 of the Nation will be saved out of the coming Holocaust at the hands of the Antichrist and the False Prophet. The deliverance will be more miraculous than that of Moses from Egypt except that it will be at the hands of God that they will be deliverd.

Very important things that were not mentioned in the video is that at the beginning of the Apocalypse God will send two witnesses to Israel to turn the hearts of the Nation towards God and they will prophecy for 3 and a half years please see the Bible links provided in this blog to read the amazing testimony shown in Revelation Chapter 11.

The time is coming where the whole world will see the hand of God being exerted in the world and the word supernatural will be the order of the day.

Nando

http://http://www.prophecyinthenews.com/the-final-countdown-part-1/

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DEC 4, 2014 Part 2 of Yemen’s Shia Houthis and their threat to Saudi Arabia

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Nando

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Written by twelvebooks

December 4, 2014 at 11:07 am

Dec 3, 2014 The Shia Houthis of Yemen and their threat to Saudi Arabia

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The information given on this video by Gary Stearman and Avi Lipkin may be known to the worlds intelligence agencies but the Western press has been ignorant about it or are willfully ignoring it.

There are major movements of opposing forces taking place in the middle east and it is not always possible to discern the outcome. the video explains a possible outcome with the clash of these two major Islamic divisions, but the question we must ask is how does this conform to the panorama of Bible prophetic events described for the end times? The only logical answer is that war is a major player in the second seal of the book of revelation and of Mathew 24.

Nando

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Dec 2, 2014 The UN wants Israel to give up nuclear weapons

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If Israel were to renounce the procession of nuclear weapons the Islamic satanic world and the rest of the world also would attack them to kill all of them.

At one point in the near future Israel will probably be required to use some or all of them to survive. At that point they may turn back to God and God will fight for them.

Israel will survive the Apocalypse, but all the nations of the world will be severely judged and decimated by God for their role against Israel.

Nando

http://news.yahoo.com/un-assembly-calls-israel-join-nuclear-treaty-174032033.html

UN resolution: Israel must renounce nuclear arms

Associated Press

UNITED NATIONS (AP) — The U.N. General Assembly overwhelmingly approved an Arab-backed resolution Tuesday calling on Israel to renounce possession of nuclear weapons and put its nuclear facilities under international oversight.

The resolution, adopted in a 161-5 vote, noted that Israel is the only Middle Eastern country that is not party to the Treaty on the Non-Proliferation of Nuclear Weapons. It called on Israel to “accede to that treaty without further delay, not to develop, produce test or otherwise acquire nuclear weapons, to renounce possession of nuclear weapons” and put its nuclear facilities under the safeguard of the U.N.’s International Atomic Energy Agency.

The United States, Canada, Palau and Micronesia joined Israel in opposing the measure, while 18 countries abstained.

Israel is widely considered to possess nuclear arms but declines to confirm it.

The resolution, introduced by Egypt, echoed a similar Arab-backed effort that failed to gain approval in September at the Vienna-based IAEA. At the time, Israel criticized Arab countries for undermining dialogue by repeatedly singling out the Jewish state in international arenas. Israel’s U.N. Mission did not immediately return a request for comment Tuesday.

The U.N. resolution, titled “The risk of nuclear proliferation in the Middle East,” pushed for the establishment of a nuclear weapons-free zone in the Middle East and lamented that U.S.-backed efforts to convene talks were abandoned in 2012.

Israel has long argued that a full Palestinian-Israeli peace plan must precede any creation of a Mideast zone free of weapons of mass destruction. The country also argues that Iran’s alleged work on nuclear arms is the real regional threat. Iran denies pursuing such weapons.

General Assembly resolutions are not legally binding but carry moral weight because it is the only body where all 193 U.N. member states are represented.

U.S. representative Robert Wood, in voting against the resolution at the committee-level last month, said the measure “fails to meet the fundamental tests of fairness and balance. It confines itself to expressions of concern about the activities of a single country.”

Wood said the U.S. will continue pushing a Middle East free of weapons of mass destructions, but he warned that such resolutions only undermine prospects for progress.

Nando end

Written by twelvebooks

December 2, 2014 at 10:02 pm

Dec 2, 2014 Will the end of this shemitah 2014-2015 usher in the seven year Apocalypse?

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I have posted a lot of information already about the Harbinger and the Mistery of the Shemitah by Jonathan Cahn, but there is always new interviews made and new information gleaned. This is the case for these three parts videos done by Jonathan and Kevin Clarkson of Prophecy in the News.

One of the biggest judgments that came unto the USA and the world on the last Shemitah year of 2018 was the election that November of president Barack Hussein Obama. As shemitah goes in cycles of 7 years I believe that the present shemitah 2014-2015 will see the rise of the Antichrist, BHO, as the rider of the white horse on the first seal of the book of Revelation.

These seven years were given by God as warning to come back to Him, which if ignored will usher the world into the seven year Apocalypse that will end on the next shemitah year of 2021-2022.

Nando

This part has been added to the original post. I finish watching Part 3 after posting and it led me to add this part.

Twenty two minutes into the video Jonathan states that he was in Washington on 9/10 when Obama made the declaration of the war with ISIL and he compared these terrorists with the Assyrians that destroyed Israel a long time ago as being of the same area and ethnicity. Two weeks after that God send me a message that I posted on 9/24 that is linked below that ties it to what Jonathan saw from God also.

I will say that he and I are two witnesses of the same message from the Lord.

http://twelvebooks.wordpress.com/2014/09/24/sept-24-2014-obama-the-9s-and-what-it-said-of-him/

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28, 2014 Pastor JD Faraq covers Iran negotiations and Ferguson

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In this update pastor Faraq of Kaneohe Calvary Church in Hawaii makes mention of the Iran negotiations and their pact to build 8 more nuclear plants.

He also covers the disturbance in Ferguson and the Muslim brotherhood  participation in the incitement as well as the Islamic CARE.

Nando

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