For those who haven’t already spent their income tax return on bills, now may be the time to consider investing in a good bike. Iraq’s largest oil pipeline was bombed, interrupting the flow of about 400,000 barrels of oil per day, according to CNBC on Wednesday. Repairs are expected to take at least three days.
Another potential cause for concern regarding increased pain at the pump is the fact that Col. Gaddafi blew up oil pipes in Libya on Wednesday, according to the Daily Mail. The article also noted that, “Gaddafi deployed tanks and snipers to 'shoot anything that moves'. Forces loyal to the Libyan dictator poured into the city of Zawiyah in a desperate bid to oust the hardcore band of protesters and army defectors who have taken control.”
Major-General Abdel Rahman Ben Ali al-Sayyid al-Zawy delivered a television message from Gaddafi in which he was claiming that Britain, France and the U.S. had it in mind to divide Libya and seize its oil. In addition, the article also quoted Gaddafi as saying that, “If Al Qaeda seizes Libya that will amount to a huge disaster. If they (Al Qaeda fighters) take this place over, the whole region, including Israel, will be dragged into chaos.”
The likelihood of America getting involved is slim to none unless the U.N. gives its approval for intervention and for a no-fly zone, according to Israel National News.
Meanwhile, revolutionaries in Saudi Arabia are still planning to have their day of rage on Friday, and Info Wars reported that, “Options traders are betting more than ever that crude oil is heading to $200 a barrel as some websites call for a “Day of Rage” in Saudi Arabia and anti- government protests spread in the Middle East and North Africa.”
The issue of affordable fuel for the vehicles of American families and the trucks that transport our goods is beginning to gain some attention. In fact Right Side News reported that, “If you think $4.00 a gallon today hits your wallet, think again. Chris Steiner wrote $20 Per Gallon, which predicts with deadly accuracy a steady rise of prices from $5.00 to $10.00 to ultimately $20.00 per gallon before mid-century. Why? Answer: we may have only burned 50 percent of the Earth’s oil supplies, but it’s father down, harder to get at and more expensive to extract. Thus, costs rise!”
Whether one wants to argue that it’s harder to get at or the liberals are blocking us from being able to drill for it in places like Alaska and the Western United States is beside the point. The fact is that it’s going to become unaffordable for everyone who’s not part of the rich elite – it’s just a matter of when.
Revelation chapter 6 verse 5 speaks of a black horse and a rider with “a pair of scales in his hand.” Verse six goes on to note that the cost of wheat spikes in price to a day’s wages and “do not harm the oil and the wine.” So not only is there a famine coming, possibly exacerbated by the economic turmoil of hyperinflation, but the oil and wine are symbolic of luxury items. Oil could certainly represent cooking oil, but it’s not necessarily limited to that – especially if a barrel of oil ends up costing $200 dollars and gas really does rise to $5, $10 and $20 dollars. The highest price for a barrel of oil at this point in history has been just shy of $150 dollars per barrel, and as a nation, we were paying around $4.00 per gallon.
There is also a time of widespread death coming. Verse 8 speaks of a pale horse (yellowish-green color) whose rider’s name is Death and Hades (the grave) follows him. This rider kills over a quarter of the earth with “sword, with hunger, with death, and by the beasts of the earth.” The good news if that Jesus will be taking care of those who have asked Him to be their personal Lord and Savoir – and for those who haven’t done so yet, He is only a prayer away.
