re the drop in the oil price ................. there was an interview of the President of the Canadian Independent Oil Producers on American Proactive which was filmed in Feb this year where it was predicted then that the oil prices would drop drastically this northern summer ………… reason given was that the US was coming out of an excessively cold winter during which the oil industry in North America had ramped up supply and thus as the warmer weather hit there would be an excess of oil on the market ……………… I have heard kinds of conspiracies etc that the US wanted to hurt Russia …….. that the Middle East was ramping up supply etc etc but it’s really quite simple ………. an excessive supply in North America driving down the prices, and as North America goes into the 2015/15 winter the oil price will probably rise again!!!!
HKP
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