I saw gas for $2.81 today. IS selling on the black (FREE) - TopicsExpress

I saw gas for $2.81 today. IS selling on the black (FREE) market; Saudi / U.S. cooperation to boost production to smite Russia (at $100 a barrel, Russia is a player; at $70 a barrel, Putin is a clown); and perhaps most importantly, the Kurds using the pipeline to Turkey that has Baghdad POd since Maliki time are all good reasons for the price drop... contrary to American Interests... remember, the U.S. bombing campaign started the day after Genel, ExxonMobil & Chevron stock prices fell, as IS approached Irbil... ExxonMobil Corp. (XOM), Chevron Corp. (CVX) and DNO ASA (DNO) of Norway are among more than two dozen international oil companies with a combined 35 licenses in the Kurdish Regional Government area. The companies export about 350,000 barrels a day of crude, pumping it through a Turkish pipeline to the Mediterranean. “It’s likely that we’ll end up with, perhaps, five or six of the largest companies operating, with Genel, Exxon, Chevron ending up as major operators,” Hayward said in a Nov. 21 interview during the Atlantic Council conference in Istanbul. “It’s what happens in most hydrocarbon provinces.” bloomberg/news/2014-11-24/genel-ceo-expects-merger-shakeout-among-kurdistan-oil-producers.html

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