Connect with us

Donald Trump

Just Three Men Now Control The Price Of The World’s Oil As OPEC Becomes Meaningless In Global Power Shift

The actions (or tweets) of three men — Presidents Donald Trump and Vladimir Putin and Crown Prince Mohammed Bin Salman — will determine the course of oil prices in 2019 and beyond.

Published

on

SHARE NOW THE END BEGINS:

OPEC has lost what control of the oil market it ever had. The actions (or tweets) of three men — Presidents Donald Trump and Vladimir Putin and Crown Prince Mohammed Bin Salman — will determine the course of oil prices in 2019 and beyond. But of course they each want different things.

Just last month, Saudi Crown Prince Mohammed bin Salman had journalist Jamal Khashoggi killed in a brutal, execution-style killing, according to the latest CIA intelligence. Will he be brought to justice any time soon? Don’t hold your breath unless you look good in blue.

Russian leader Vladimir Putin, who started his career as a KGB spy, knows a large section of the world depends on his oil output, especially EU heavyweight Germany, so he can do what he wants with impunity.

America’s billionaire president, Donald J. Trump, seems to have been destined to play the role of leader of the free world, with his hands on the pursestrings of the world’s largest economy. Any one of these men are formidable in their own right, but the idea of all of them in a triumvirate controlling global oil prices leaps off the pages of a Left Behind novel.

The oil price is now controlled by just three men

FROM BLOOMBERG: While OPEC struggles to find common purpose, the U.S., Russia and Saudi Arabia dominate global supply. Together they produce more oil than the 15 members of OPEC. All three are pumping at record rates and each could raise output again next year, although they may not all choose to do so.

It was Saudi Arabia and Russia that led the push in June for the OPEC+ group to relax output restraints that had been in place since the start of 2017. Both subsequently jacked up production to record, or near record, levels. U.S. output soared unexpectedly at the same time, as companies pumping from the Permian basin in Texas overcame pipeline bottlenecks to move their oil to the Gulf coast.

These increases, alongside smaller downward revisions to demand growth forecasts and President Trump’s decision to grant sanctions waivers to buyers of Iranian oil, have flipped market sentiment from fears of a supply shortage to concerns about a glut in the space of three months. Oil stockpiles in the developed nations of the OECD, which had been falling since early 2017, are rising again and are likely to exceed their five-year average level when October data are finalized, according to the International Energy Agency.

As oil prices have headed south, Saudi Arabia said it would cut exports by 500,000 bopd next month and warned fellow producers that they needed to cut about 1 MMbpd from October production levels. That drew a lukewarm response from Putin and swift Twitter rebuke from Trump.

Bin Salman needs oil revenue to fund his ambitious plans to transform Saudi Arabia, while avoiding unrest from those hurt in the process. The International Monetary Fund forecasts that the kingdom will need an oil price of $73.3/bbl next year to balance its fiscal budget. Brent crude is trading about $5 below that, with Saudi Arabia’s exports trading at a discount to the North Sea benchmark. Prolonging output cuts for a third year is the only way he can realize the price he needs.

He will face more challenges from Putin and Trump. The Russian president shows no great enthusiasm for restricting his country’s production again. Moscow’s budget is much less dependent on oil prices than it was when Russia agreed to join OPEC-led efforts to re-balance the oil market in 2016 and the country’s oil companies want to produce from the fields where they have invested.

Putin may yet decide that maintaining his improved political relationship with MBS, as the Crown Prince is known, is worth a small sacrifice. But it’s not a foregone conclusion that Russia will agree to extend output cuts when producers gather in Vienna next month. Putin says oil prices of around $70/bbl suit him “completely.”

The opposition from Trump will — naturally — be much louder and comes at a time when he and MBS are trying to preserve their political relationship, while American senators consider harsher sanctions on Saudi Arabia in response to the war in Yemen and the killing of dissident journalist Jamal Khashoggi.

A bigger U.S. threat to Saudi plans than Trump’s tweets will come from the Texas oil patch. American producers have added a volume equivalent to the entire output of OPEC’s Nigeria in the past 12 months. Their production could reach 12 MMbpd by April, according to the Department of Energy. That’s six months sooner than it was forecasting just a month ago and 1.2 MMbpd more than it foresaw in January.

Saudi Arabia will have to risk Trump’s wrath, Putin’s indifference and a booming U.S. shale industry if it hopes to balance the oil market in 2019. source

Now The End Begins is your front line defense against the rising tide of darkness in the last days before the Rapture of the Church

HOW TO DONATE: Click here to view our GoFundMe page

When you contribute to this fundraising effort, you are helping us to do what the Lord called us to do. The money you send in goes primarily to the building of the recording studio, but it also goes to the overall daily operations of this site. When people ask for Bibles, we send them out at no charge. When people write in and say how much they would like gospel tracts but cannot afford them, we send them a box at no cost to them for either the tracts or the shipping, no matter where they are in the world. Even all the way to South Africa. We even restarted our weekly radio Bible study on Sunday nights again, thanks to your generous donations.

nteb-gospel-tracts-street-preaching-end-time-last-days-bible-prophecy-dl-moody

CLICK IMAGE TO ORDER YOUR BOX OF NTEB GOSPEL TRACTS

But whatever you do, don’t do nothing. Time is short and we need your help right now. If every one of the 12,621 people on our daily mailing list gave $4.50, we would reach our goal immediately. If every one of our 151,781 followers on Facebook gave $1.00 each, we would reach 300% of our goal. The same goes for our 13,600 followers on Twitter. But sadly, many will not give, so we need the ones who can and who will give to be generous. As generous as possible.

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJV)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

HOW TO DONATE: Click here to view our GoFundMe page

 


 

Donald Trump

Trump Sweeps While Biden Sleeps As Super Tuesday Reveals The Coming Rematch That Nobody Wants In Upcoming Presidential Election Insanity

Published

on

donald-trump-wins-big-on-super-tuesday-republican-nominee-gop-2024-presidential-election
SHARE NOW THE END BEGINS:

Donald Trump has huge Super Tuesday wins this week as sleepy Joe Biden is giving the Democrats November nightmares, what will happen next?

Donald Trump easily won all contests on Super Tuesday except one, relegating Nikki Haley to footnote status as she prepares to drop out of a race she never had a shot of winning. Over on the American Samoa, Joe Biden lost to someone no one has ever heard of before, and will likely never hear from again. On paper, Donald Trump should easily defeat Joe Biden in November, too bad elections are not decided on paper like they used to be. Will we have Trump’s second term, Obama’s fourth term, or something no one expects to happen in 2025? That’s the question.

Cast thy burden upon the LORD, and he shall sustain thee: he shall never suffer the righteous to be moved.” Psalm 55:22 (KJB)

The Democrats eager to prevent another Donald Trump victory in November, conspired together to bring 91 federal counts against him in 4 states, and in doing so elevated him to martyr status almost immediately. Not very bright. If they really wanted to stop him, they all should have conspired to never mention him, thereby cutting off the flow of millions of dollars in free advertising by keeping him in the headlines. There’s only 8 months until the November election, and there are so many things that will be popping up between now and then. Not the least of which are the solar eclipse of April 8th, and the ‘Civil War’ movie on April 12th. Lastly, Donald Trump had another huge win when the Supreme Court voted 9-0 in favor of preventing states from kicking him off the ballot. If Democrats find they have no other option to ‘stop Trump’, will they implement the final solution? That’s the memo.

how-satan-turned-america-against-god-end-times-bill-grady-nteb-christian-bookstore-saint-augustine-florida

Democrats ready to hit panic button in Trump-Biden race

FROM THE HILL: Democrats are beginning to hit the panic button as an implosion in former President Trump’s campaign fails to materialize and a series of polls suggests President Biden is weaker than he was four years ago. Biden is trailing Trump in polls of several battleground states, underscoring concerns that his message isn’t gaining traction with swing voters.

Many Democrats thought Trump’s legal problems would submarine him, but the Supreme Court in a unanimous decision on Monday ruled in his favor on a 14th Amendment case. Other high-profile trials have been delayed, raising doubts about whether they will reach verdicts before Election Day. Steve Jarding, a Democratic strategist and former adviser to the Senate Democrats’ campaign arm, said Democratic lawmakers “should” be worried about the emerging political picture.

“If you’re Donald Trump and his team, you go, ‘Wow, I’ll take this any day of the week,’” he said, comparing Trump’s relatively strong political position with Biden’s faltering effort to get his message out to voters. A Bloomberg News/Morning Consult poll published last week showed Biden trailing Trump in several critical states, including Arizona, Georgia, Pennsylvania, Michigan, North Carolina, Nevada and Wisconsin.

In those states, 48 percent of voters said they would back Trump, while 43 percent said they would back Biden.

Democrats heard another alarm bell over the weekend when a New York Times/Siena College poll showed Trump leading Biden 48 percent to 43 percent among registered voters nationwide. The survey showed a majority of voters think the economy is in poor shape, and 47 percent of voters strongly disapprove of Biden’s job performance, the highest such disapproval rating of any point in his presidency measured by Times/Siena polling.

Sen. Peter Welch (D-Vt.) said the latest poll numbers are concerning, and he decried a separate decision by the Supreme Court to postpone ruling on Trump’s legal immunity claims to the summer as “outrageous.”

“We’re concerned. This is going to be a tough race, but it hasn’t really begun yet, so a lot of the coverage is just about Biden’s age, not about his policies,” he said. “The president is going to get out on the stump and he’s going to have an opportunity to show he’s got the energy as well as the intellect and the acuity to do the job.”

Welch acknowledged that “in retrospect” it was a mistake for Biden to pass up doing an interview with CBS news ahead of the Super Bowl, which would have allowed him to reach a huge national audience.

“In retrospect, it would have been good to do the Super Bowl interview, throw a few deep passes into the end zone,” he said.

On the economy, Welch said the economic indicators are “solid” but people are “feeling some anxiety” about making ends meet when they pay the grocery bills. READ MORE

Now The End Begins is your front line defense against the rising tide of darkness in the last Days before the Rapture of the Church

When you contribute to this fundraising effort, you are helping us to do what the Lord called us to do. The money you send in goes primarily to the overall daily operations of this site. When people ask for Bibles, we send them out at no charge. When people write in and say how much they would like gospel tracts but cannot afford them, we send them a box at no cost to them for either the tracts or the shipping, no matter where they are in the world. We have a Gospel Billboard program. We are now broadcasting Bible studies, Podcasts and a Sunday Service 5 times a week, thanks to your generous donations. All this is possible because YOU pray for us, YOU support us, and YOU give so we can continue growing.

But whatever you do, don’t do nothing. Time is short and we need your help right now. The Lord has given us an open door with a tremendous ‘course’ for us to fulfill that will create an excellent experience at the Judgement Seat of Christ. Please pray for our efforts, and if the Lord leads you to donate, be as generous as possible. The war is REAL, the battle HOT and the time is SHORTTO THE FIGHT!!!

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJB)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

Continue Reading

Abrahamic Family House

Former And Future President Donald Trump Gets Nominated For Nobel Peace Prize For His Work In Facilitating The End Times Abraham Accords

Published

on

donald-trump-nominated-for-nobel-peace-prize-abraham-accords
SHARE NOW THE END BEGINS:

A Republican lawmaker has nominated Donald Trump for a Nobel Peace Prize, citing his historic policy in the Middle East with the end times Abraham Accords

I agree that Donald Trump should absolutely be given the Nobel Peace Prize for his work on the end times Abraham Accords, no question about it. But as we have shown you repeatedly over the past few years, Trump and Jared Kushner were not the originators of the Abraham Accords, Mohamed bin Zayed was the one who created them. Why else do you think Jared Kushner was given 3 billion dollars worth of investment ‘seed money’ from his Muslim friends for his Affinity Partners hedge fund. Show him the money? They sure did. Payment for a job well done.

“And Abraham said unto God, O that Ishmael might live before thee! Genesis 17:18 (KJB)

I believe that the Daniel 9:27 covenant that will be confirmed by Antichrist will be strongly attached to the Abraham Accords, that’s the level of importance we place on that document. If you go back to our ‘The Last Trump’ section, and read the articles we wrote about why God put Donald Trump in office via Daniel 2:21, it will all make sense. 8 years ago, NTEB was one of the only news outlets to successfully predict that Trump would win a landslide, the Lord gave us the heads-up on that one. God put him into office because He knew that Trump would declare Jerusalem to the capital of Israel, and he did. He knew that Trump would be the first president to move the US Embassy, he did, and He knew that Trump would be the only president who would agree to the Abraham Accords. Exciting times, my brothers and sisters in arms, exciting times! TO THE FIGHT!!!

Republican lawmaker nominates Donald Trump for Nobel Peace Prize for ‘historic’ Middle East policy Abraham Accords

FROM THE INDEPENDENT UK: New York Rep Claudia Tenney said in a statement she decided to nominate the former president for his role in the Abraham Accords treaty, which formally normalised relations between the United Arab Emirates, Bahrain and Israel.

“Donald Trump was instrumental in facilitating the first new peace agreements in the Middle East in almost 30 years,” she claimed in a statement posted on her website.

“For decades, bureaucrats, foreign policy ‘professionals’, and international organizations insisted that additional Middle East peace agreements were impossible without a resolution to the Israeli-Palestinian conflict. President Trump proved that to be false,” she added.

“The valiant efforts by President Trump in creating the Abraham Accords were unprecedented and continue to go unrecognized by the Nobel Peace Prize Committee, underscoring the need for his nomination today. Now more than ever, when Joe Biden’s weak leadership on the international stage is threatening our country’s safety and security, we must recognize Trump for his strong leadership and his efforts to achieve world peace. I am honored to nominate former President Donald Trump today and am eager for him to receive the recognition he deserves,” the statement continued. READ MORE

Now The End Begins is your front line defense against the rising tide of darkness in the last Days before the Rapture of the Church

When you contribute to this fundraising effort, you are helping us to do what the Lord called us to do. The money you send in goes primarily to the overall daily operations of this site. When people ask for Bibles, we send them out at no charge. When people write in and say how much they would like gospel tracts but cannot afford them, we send them a box at no cost to them for either the tracts or the shipping, no matter where they are in the world. We have a Gospel Billboard program. We are now broadcasting Bible studies, Podcasts and a Sunday Service 5 times a week, thanks to your generous donations. All this is possible because YOU pray for us, YOU support us, and YOU give so we can continue growing.

But whatever you do, don’t do nothing. Time is short and we need your help right now. The Lord has given us an open door with a tremendous ‘course’ for us to fulfill that will create an excellent experience at the Judgement Seat of Christ. Please pray for our efforts, and if the Lord leads you to donate, be as generous as possible. The war is REAL, the battle HOT and the time is SHORTTO THE FIGHT!!!

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJB)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

Continue Reading

Donald Trump

Donald Trump Scores Landslide Blowout In Iowa Caucus Setting The Stage For Perhaps The Greatest Comeback In American Political History

Published

on

donald-trump-wins-iowa-in-landslide-2024
SHARE NOW THE END BEGINS:

Huge win for Donald Trump in the Iowa caucuses on Monday enshrines one of the most astonishing comebacks in American political history.

With 91 felony charges against him, with DA’s like Fani Willis in Georgia conspiring against him, against all odds greater than you could imagine, Donald Trump won in a landslide in Iowa last night. It remains a long road, however, from last night to the White House. Last night’s win only served to remind me about the grim specter of assassination that lurks in the shadows, the last remaining way for the Left to ‘stop Trump’. Nothing is off the table in 2024, including that.

“Daniel answered and said, Blessed be the name of God for ever and ever: for wisdom and might are his: And he changeth the times and the seasons: he removeth kings, and setteth up kings: he giveth wisdom unto the wise, and knowledge to them that know understanding: He revealeth the deep and secret things: he knoweth what is in the darkness, and the light dwelleth with him.” Daniel 2:20-22 (KJB)

America in 2024 is a divided, broken nation who, like a car that’s run out of gas, is coasting on fumes but for how much longer? Don’t even bother trying to campaign on a platform of ‘unity’, because that’s not going to happen. America is a nation on the cusp of a second civil war, a scenario being nurtured and promoted by people like former president Barack Obama and the entire phalanx of the liberal media. Could 2024 be the year that the curtain comes down on the longest-running experiment in self-government in human history? That’s the question, and that’s the memo.

how-satan-turned-america-against-god-end-times-bill-grady-nteb-christian-bookstore-saint-augustine-florida

Trump’s landslide Iowa win is a stunning show of strength

FROM FAKE NEWS CNN: Losing one-term presidents almost never mount subsequent successful primary campaigns, much less pull off landslides that demonstrate utter dominance of their party. Donald Trump transformed the GOP in his populist, nationalist, nihilistic image in 2016. By claiming 50% of the vote in the biggest win in caucus history, putting him on course to his third consecutive nomination, he showed that eight years after his outsider presidential victory, the current GOP is entirely his party.

“The big night is going to be in November, when we take back our country,” Donald Trump told his first proper victory party since he shocked the world by winning the 2016 election. His MAGA-hat wearing crowd greeted him with chants of “Trump, Trump, Trump” beneath two vast screens reading “Trump wins Iowa!”

But the ex-president’s rebound is more stunning for another reason. He won despite 91 criminal charges and other legal entanglements that threaten his freedom and his fortune. In a head-spinning snapshot of the unprecedented times, he’s expected to show up in a courtroom in Manhattan on Tuesday morning for the opening of a defamation trial.

His Iowa triumph came three years and nine days after he told a mob to “fight like hell” before it ransacked the US Capitol in an attempt to thwart the congressional certification of President Joe Biden’s 2020 election win. Trump’s dominance on Monday night shows that among the most committed Republican voters, there is no price for him to pay for the worst attack on an election in modern history. In fact, his successful leveraging of his criminal plight to paint a narrative of persecution is the superpower that renewed his bond with GOP base voters and left his rivals with an impossible conundrum about how to exploit his liabilities.

His caucus victory also demonstrates the success of Trump’s election denial strategy, which has convinced millions of GOP voters of the false belief he was illegally ejected from power in 2020. For Americans who believe Biden’s warning that Trump is the “most anti-democratic president with a small ‘d’ in American history,” Monday night will have sown utter dread.

Trump’s vow to win a second term dedicated to “retribution” against his enemies, his labeling of political opponents as “vermin” and his warnings that immigrants are “poisoning the blood” of America, which are reminiscent of 1930s dictators, were no disqualification in Iowa. Instead, the president who attempted to overturn democracy to stay in power used democracy far more effectively than any of his Republican opponents to win an electoral endorsement from GOP voters who want him back in the White House. READ MORE

Donald Trump Wins Big In Iowa

Now The End Begins is your front line defense against the rising tide of darkness in the last Days before the Rapture of the Church

Please continue to pray for us, and for wisdom for me especially, as we continue taking steps to print the NTEB branded King James Bible for our free Bible and Bibles Behind Bars program. It is exciting and intimidating at the same time. If the Lord has prospered your financially, we ask you to donate to help us continue to send out free Bibles at this level, and even higher than we are at the moment. It takes a lot of prayer, and a lot of resources to do all this. Praise the Lord we are doing it, all of us together, labouring in the Lord’s harvest field. TO THE FIGHT!!!

When you contribute to this fundraising effort, you are helping us to do what the Lord called us to do. The money you send in goes primarily to the overall daily operations of this site. When people ask for Bibles, we send them out at no charge. When people write in and say how much they would like gospel tracts but cannot afford them, we send them a box at no cost to them for either the tracts or the shipping, no matter where they are in the world. We have a Gospel Billboard program. We are now broadcasting Bible studies, Podcasts and a Sunday Service 5 times a week, thanks to your generous donations. All this is possible because YOU pray for us, YOU support us, and YOU give so we can continue growing.

But whatever you do, don’t do nothing. Time is short and we need your help right now. The Lord has given us an open door with a tremendous ‘course’ for us to fulfill that will create an excellent experience at the Judgement Seat of Christ. Please pray for our efforts, and if the Lord leads you to donate, be as generous as possible. The war is REAL, the battle HOT and the time is SHORTTO THE FIGHT!!!

“Looking for that blessed hope, and the glorious appearing of the great God and our Saviour Jesus Christ;” Titus 2:13 (KJB)

“Thank you very much!” – Geoffrey, editor-in-chief, NTEB

Continue Reading

Trending