Impact of Oil on Global Economics

That moment you find out the secret to the Iran war. Watch this There is as much crude oil on the north slope of Alaska as there is in Saudi Arabia. Second largest oil field on the face of the earth is Iraq.

The third largest oil field on the face of the earth is Iran. Iran has said by a certain date, we are going to flood the world with cheap oil. They have the third largest oil field in the world. They have said we are going to flood the world with cheap

oil. And here's the clincher. We are going to denominate all oil sales in euros. Our president and vice president and Congress are shaking

in their shoes because they know that if Iran succeeds on the date that they have said that it will collapse the American dollar. Something must be done with Iran

before that date. Watch out. A lot of people in the world have a nuclear bomb besides Iran. Why don't they go after them? North Korea, Israel,

China. I could go on and on. Why don't they take them on? They have to have an excuse. You see, it was weapons of mass destruction. Did they exist? Why are they going to take Iran on now? Oh, you'll hear every reason in the world. There's a reason they won't tell you. They know that if Iran succeeds on the date that they say they're going to,

it will collapse the American dollar. Because they'll undercut everybody in the world on oil sales. Back in the 60s or 70s, a gentleman by the name of Henry Kissinger traveled to almost

every oil-producing country in the world. He went to Saudi Arabia and he said to them, I'll make you rich. I'd like to cut you a deal.

And if you will go along with my deal, I'll see to it that we buy oil from you in America. Now, watch carefully and you'll understand why that oil from the north slope of Alaska cannot be allowed to be brought to the refineries of America. Are you ready?

Henry Kissinger said, I'll cut you a deal. Oh, they said, what is it? He said, we'll buy oil from you. We'll make you wealthy. You'll be sheiks and sheiks. You can have everything you ever wanted. Oh, they said, what's the deal?

He said, number one, you must denominate all oil sales in dollars. Oh, they said, gladly. We have no problem with that. He said, secondly, you can have a certain percentage of

that money to build your own country, your infrastructure and the people that are there and to supply for your country. But you must take a certain portion of the money that we buy oil from you with. You must take a

certain portion of those American dollars and buy our national debt. They didn't have the slightest idea of what they were doing when they signed on the dotted line. And today, Saudi Arabia and the other oil producing countries of the

world have no choice. They must denominate in American dollars and they turn around and buy our national debt is the only thing that is keeping the American dollar afloat today. There were two countries that wouldn't sign on the dotted line in the

days of Secretary of State Henry Kissinger. Number one was Iraq. Saddam. He was too independent.

He said, I'm not going to be obligated. The largest known oil field on the face of the earth is Saudi Arabia. Second largest oil field on the face of the earth is Iraq. The third largest oil field on the face of the earth is Iran.

There's only one thing that touches the life of every human being on the face of this earth, and that is crude oil. They chose it as a method of controlling the world in the early 60s. And now the World Bank are the ones that the transfer

of oil from those third world countries to the oil refineries. And they're the ones making the exorbitant in-between profits. And you will never find it out by reading anybody's books.

Who makes the profit? The World Bank and the IMF. Please write this one down because it carries great weight with what I'm going to say tonight. What we pay at the gas pump

is a form of taxation. Very few things I'll repeat twice. What we pay at the gas pump for a gallon of gasoline is a form of taxation that goes to those who control the world.

Gas prices at the gas pump in California will be $4 to $5 a gallon at the gas pump in the very near future. Why? You will be paying the national debt through the gas pump.