Title: World Collapse Explained in 3 Minutes Source:
[None] URL Source:http://www.youtube.com/watch?v=NOzR3UAyXao Published:Feb 16, 2013 Author:compelled2283 Post Date:2013-02-16 16:30:38 by A K A Stone Keywords:None Views:1294 Comments:2
Saudi Arabia’s crude oil output fell in December to a 19-month low as the biggest OPEC producer shipped less oil and local use of crude dropped, according to the Joint Organizations Data Initiative. The country exported 7.06 million barrels of crude a day in December, 1.3 percent less than the previous month, JODI reported, citing statistics the government submitted to the Organization of Petroleum Exporting Countries.
It pumped 4.8 percent less in the month to 9.03 million barrels a day. The kingdom burned 303,000 barrels a day at power plants in December, the lowest level in 10 months, according to the data. That is 29 percent less than what it burned a year ago. Bloomberg
The U.S. has been using less oil since 2008, but the cost keeps going up. 2012 will finish with the highest average price for a gallon of gasoline in the history of the country. We are not in control of our energy destiny. The cost to retrieve the remaining fossil fuel resources will continue to rise. Worldwide demand will keep rising.
