This could be the end for Big Oil By MONEY MORNING STAFF REPORTS – 1/24/2016 Breaking news out of Vienna, Austria…

This could be the end for Big Oil

By MONEY MORNING STAFF REPORTS – 1/24/2016

Breaking news out of Vienna, Austria…

Progress at the OPEC 168th annual meeting screeched to a halt amid escalating chaos as member countries – Venezuela, Libya, Iran, and Nigeria – openly battle with Saudi Arabia over the cartel’s future…

Details are still coming in, but here’s what we know so far:

Oil prices have just hit a 7-year low, sliding below $36 per barrel for the first time since the 2009 global financial crisis…

And the expert named Wall Street’s #1 commodity trader predicts we could see the fall continue to $10 per barrel.

Although OPEC blames an existing supply glut, a United States intelligence insider believes the real reason has been hidden until now…

In fact, a shocking discovery has unlocked a massive supply of free fuel. Enough fuel to power the entire globe for 36,000 years.

This fuel is so cheap, so abundant, and so easy to access, that Fortune 500 companies – including Google, Apple, and Facebook – are spending billions to get on board…

At the same time, every major energy player on the planet is turning their back on oil in favor of this fuel.

In fact, the U.S. Department of Defense invested $7 billion in a single day. And billionaires – Warren Buffett, George Soros, and Bill Gates – are dumping oil stocks in favor of this fuel.

Make no mistake: This is the beginning of the end for Big Oil, OPEC, and even the Saudi Royals.

This is happening now. Amazingly, the full story starts with simple grains of sand…


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