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Oil Fallout, Western Society’s End

Wednesday, April 22, 2015 12:27

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(Before It's News)

Did the Sovereign Queen of the North Predict the Cause of Western Society’s End?

The Wall Street Journal, Oil Industry Layoffs Hit 100,000 and Counting, April 2015

Since crude prices began tumbling last year, energy companies have announced plans to lay off more than 100,000 workers around the World.

Norway Loses $860 Billion Sovereign Wealthnu Fund to Indigenous Land Owner –

/press-releases/2014/11/norway-loses-860-billion-sovereign-wealth-fund-to-indigenous-land-owner-2854792.html

At least 91,000 layoffs have already been materialized, with the majority coming in oil-field services and drilling companies.

Now the cutbacks are slowly showing up in federal employment data. Direct employment in oil and gas extraction, which had grown by more than 50,000 jobs since 2007, has fallen by about 3,000 jobs since it peaked in October at 201,500 according to the Bureau of Labor Statistics.

https://www.youtube.com/watch?v=7FV435XQ0Sk