Oil prices ease as demand outlook eclipses supply falls

A gas station worker fuels a vehicle August 26, 2015.

Oil prices eased on Monday, paring some of last week's 2 percent rally, despite evidence of slowing U.S. production and a fourth weekly increase in U.S. investor holdings of crude futures.

High oversupply and concern about demand growth in emerging markets and elsewhere have stripped 50 percent off the value of a barrel of oil over the last year and kept the price below $50 for most of the past nine weeks.

Brent crude futures LCOc1 were down 87 cents at $47.73 a barrel at 1122 GMT (0722 ET), while U.S. crude CLc1 was down 81 cents at $44.89 a barrel.

The crude price is set for an 11 percent fall in September, its 11th monthly decline out of the last 15 months.

September has rarely been a month of strength for the oil market. In the last 15 years, the price has racked up a gain in September on only four occasions.

Most analysts have cut their forecasts for oil this year and next, but there is a feeling that the current downturn in prices may have run its course, even with the misgivings about the outlook for demand next year.

"We've been discussing the possibility that oil needs to move down to $30, but I think that is only if you run out of storage capacity and given that (there is) still quite substantial storage capacity, in my view you still have flexibility," said Bjarne Schieldrop, chief commodity analyst at SEB.

"Increasing stocks will increase the need for a higher contango," he said, adding: "If you look on the forward curve, buyers are increasingly (present) at the front end of the curve after having been burned heavily by ... longer-dated contracts."

The contango, or premium, at which longer-dated contracts trade above prompt Brent futures hit its highest since the start of the year earlier this month at $8 a barrel, but has since contracted to below $7.

Investors increased their bullish bets on crude oil in the week to Sept. 22 and now hold the largest net long position since early August, according to data from the Intercontinental Exchange, [O/ICE]

The International Monetary Fund (IMF) is likely to revise downwards its global economic growth outlook due to weakness in emerging markets.

Monday's price falls came despite an ongoing reduction in U.S. drilling, which has been on the decline for four straight weeks, a sign continued weak prices were causing oil and gas producers to reduce drilling plans.

WHY I AM NOT A DISPENSATIONALIST John Nelson Darby is recognized as the father of dispensationalism later made popular in the United States by Cyrus Scofield's Scofield Reference Bible. Charles Henry Mackintosh, 1820–1896, with his popular style spread Darby's teachings to humbler elements in society and may be regarded as the journalist of the Brethren Movement. CHM popularised Darby more than any other Brethren author. As there was no Christian teaching of a “rapture” before Darby began preaching about it in the 1830s, he is sometimes credited with originating the "secret rapture" theory wherein Christ will suddenly remove His bride, the Church, from this world before the judgments of the tribulation. Dispensationalist beliefs about the fate of the Jews and the re-establishment of the Kingdom of Israel put dispensationalists at the forefront of Christian Zionism, because "God is able to graft them in again," and they believe that in His grace he will do so according to their understanding of Old Testament prophecy. They believe that, while the methodologies of God may change, His purposes to bless Israel will never be forgotten, just as He has shown unmerited favour to the Church, He will do so to a remnant of Israel to fulfill all the promises made to the genetic seed of Abraham. I am not a dispensationalist; it is unbiblical.

Four Blood moons doomsday prophecy: Super moon lunar eclipse 2015 coming Sunday prompts apocalypse prediction

Will the world end on September 28? You already know the answer. From Blood Moons to meteors we look at how conspiracy theorists predict the world will end on September 28, 2015, as well as, some of the greatest hits of “the world’s going to end” hysteria in recent memory.

Sunday will present the rarest Super moon – the first time in more than 30 years we will have a Super moon and lunar eclipse at the same time.

The result: a so-called "blood moon" that some in religious circles are suggesting will signal an end of the world type of event -- a doomsday.

So, while many astrological watchers are looking forward to the unique event, others are wondering if the end is near. Some in religious circles like Pastor John Hagee say this Super moon, often called a "Blood Moon" when it takes on a copper color during an eclipse, points to a significant world event like an apocalypse or Armageddon.

Hagee, a Christian minister from Texas, suggests that there are "direct connections between four upcoming blood-moon eclipses and what they portend for Israel and all of humankind."

"The coming four blood moons points to a world-shaking event that will happen between April 2014 and October 2015," he said.

On Sunday (September 27, 2015) Earth's shadow will begin to dim the "super moon" slightly, beginning at 8.11 p.m. EDT. U.S. and much of the world, a total lunar eclipse will mask the moon's larger-than-life face for more than an hour.

"Over the last 500 years, blood-red moons have fallen on the first day of Passover three separate times. These occurrences were connected to some of the most significant days in Jewish history: 1492 (the final year of the Spanish Inquisition when Jews were expelled from Spain), 1948 (statehood for Israel and the War of Independence) and 1967 (the Six-Day War). Every heavenly body is controlled by the unseen hand of God, which signals coming events to humanity. There are no solar or lunar accidents. The next series of four blood moons occurs at Passover and Sukkot in 2014 and 2015," Hagee writes in material promoting his book Four Blood Moons.

Hagee, according to ibtimes.com, "cites a passage from Joel 2:31 in the King James Bible that he claims predicts the end of days with the arrival of a blood moon. 'The sun shall be turned into darkness, and the moon into blood, before the great and the terrible day of the Lord comes,' reads the biblical passage."

While not addressing Hagee, a NASA official recently addressed rumour’s that an asteroid would hit earth in late September, ending life as we know it supposedly. That is not expected to happen, he said.

"There is no scientific basis - not one shred of evidence - that an asteroid or any other celestial object will impact Earth on those dates," said Paul Chodas, manager of NASA's Near-Earth Object office at the JetPropulsion Laboratory in Pasadena,California.

WHY I AM NOT A DISPENSATIONALIST John Nelson Darby is recognized as the father of dispensationalism later made popular in the United States by Cyrus Scofield's Scofield Reference Bible. Charles Henry Mackintosh, 1820–1896, with his popular style spread Darby's teachings to humbler elements in society and may be regarded as the journalist of the Brethren Movement. CHM popularised Darby more than any other Brethren author. As there was no Christian teaching of a “rapture” before Darby began preaching about it in the 1830s, he is sometimes credited with originating the "secret rapture" theory wherein Christ will suddenly remove His bride, the Church, from this world before the judgments of the tribulation. Dispensationalist beliefs about the fate of the Jews and the re-establishment of the Kingdom of Israel put dispensationalists at the forefront of Christian Zionism, because "God is able to graft them in again," and they believe that in His grace he will do so according to their understanding of Old Testament prophecy. They believe that, while the methodologies of God may change, His purposes to bless Israel will never be forgotten, just as He has shown unmerited favour to the Church, He will do so to a remnant of Israel to fulfill all the promises made to the genetic seed of Abraham. I am not a dispensationalist; it is unbiblical.

Paedophilia -- sex with children -- is the next darling of Media.

Now that homosexuality has been declared valid and normal in America today, what is the next sexual deviancy that will be "mainstreamed" by Mass Media?

David Alway/alias Lindsay Ashford

NEWS BRIEF: "Pedophilia Next Stop on 'Rights' Agenda", News Talk Florida, September 22, 2015

"Salon.com published an op/ed from Todd Nickerson titled: 'I'm a Paedophile, But Not a Monster'. Nickerson attempts to explain how he can't help being wired to be sexually attracted to children. He claims he'd never act on his attraction and suffers silently as a result. This sympathy play marks the next frontier of "sexual rights" and expression issues predicted by many Conservative commentators after the Supreme Court ruling on gay marriage."

Indeed, many Conservative voices raised this warning immediately after the Supreme Court ruling legalizing gay marriage and placing the homosexual lifestyle on the same basis as heterosexual marriage. These pundits informed us that the gay marriage issue was fundamentally an agenda for acceptance of deviant sexuality that will destroy God's heterosexual creation and will place the Christian Church in great peril of persecution.

That day has now arrived, as exemplified by the beginning of a Mass Media campaign to declare paedophilia as being perfectly legitimate. The very Liberal magazine, Salon, leads the charge.

"The psychiatric community, media and advocates all worked to mainstream homosexuality as something normal and 'being born this way' during its path to majority public acceptance. Paedophiles and their advocates will now attempt to take the same route."

To fully understand the direction into which this attempt to legitimize Paedophilia, let us examine the life of a Paedophilia activist, David Alway/Lindsay Ashford.

NEWS BRIEF: "Who is the real Lindsay Ashford?"

"He then left the Czech Republic, leaving in May 2003 for Milan, Italy and at some point returning to America which he refers to as the "Evil Empire" before scurrying south to Central and South America where he heard little girls were easier picking."

"David Alway AKA Lindsay Ashford is a paedophile, and an activist for paedophiles. He believes that children as young as 6 months old can consent to sexual activity. Further he believes that children who are exploited by adults don't suffer any ill effects from such a thing. He has a website called Sugar and Spice that's just for little girls. Check it out.... his attempts to rip little girls away from their parents, his attempt to destroy any trust they may have in another, his attempt to send them into battle to carry out his own personal pervert war. Read his memorial page 'Taken from our Midst' about little girls missing, raped or murdered by pedophiles. Watch him as he mocks society, and flaunts his perversions."

"Who is the real Lindsay Ashford? He’s stalking your children and his name is David Alway."

America is descending further into the Abyss with this latest sexual perversion being touted as normal. God is watching and taking notes. His physical annihilation of America is speeding toward us like a runaway freight train!

"It is a fearful thing to fall into the hands of the living God." (Hebrews 10:31)

WHY I AM NOT A DISPENSATIONALIST John Nelson Darby is recognized as the father of dispensationalism later made popular in the United States by Cyrus Scofield's Scofield Reference Bible. Charles Henry Mackintosh, 1820–1896, with his popular style spread Darby's teachings to humbler elements in society and may be regarded as the journalist of the Brethren Movement. CHM popularised Darby more than any other Brethren author. As there was no Christian teaching of a “rapture” before Darby began preaching about it in the 1830s, he is sometimes credited with originating the "secret rapture" theory wherein Christ will suddenly remove His bride, the Church, from this world before the judgments of the tribulation. Dispensationalist beliefs about the fate of the Jews and the re-establishment of the Kingdom of Israel put dispensationalists at the forefront of Christian Zionism, because "God is able to graft them in again," and they believe that in His grace he will do so according to their understanding of Old Testament prophecy. They believe that, while the methodologies of God may change, His purposes to bless Israel will never be forgotten, just as He has shown unmerited favour to the Church, He will do so to a remnant of Israel to fulfill all the promises made to the genetic seed of Abraham. I am not a dispensationalist; it is unbiblical.