Intelligence sources close to the crisis in the middle east are reporting that the shutdown of oil production in some of the middle east countries who are experiencing uprising and revolution, will cause a further decrease in oil production. This decrease in production in countries such as Libya who supply only 2% of the world's oil supply cause fear in the global oil markets.All that is required for gas prices to spike sharply is a belief that there will be a shortage in crude oil. Oil is a global currency that is traded world-wide and those who hedge against these prices are reporting that we may see $4.00 gas prices in the U.S. by June.
Read More... [Source: Bible Prophecy Update]
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