THE GREATEST FRAUD ON THE NATION

Oil steadies after hitting 2009 lows; more pressure seen

Reuters –  Dec 09, 2015, 1 hour 9 minutes ago

By Barani Krishnan

NEW YORK (Reuters) - Oil prices steadied on Tuesday but not before plumbing new lows seen during the 2009 financial crisis as an intensifying supply glut sparked fears the world will run out of storage for crude.

Brent and U.S. crude futures sunk beneath $40 a barrel, hitting February 2009 levels and extending Monday's 6 percent rout, before paring losses on what traders said was most likely short-covering.
Brent (LCOc1) was down 10 cents at $40.63 a barrel by 2:15 p.m. EST (1915 GMT), after setting a session low at $39.81.

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Samuel's Take :

The present rates are just about 30% of the all time highs of   2012 - '13.

Due to the steep fall in crude oil prices, the present govt, in the last 18 months, has saved a whooping US$ 120 billion in oil import bill alone.

& YET

This 'lieing through its teeth' Govt, says it has no money to give the OROP as passed by two parliaments, sanctioned by the previous Govt and repeatedly & solemnly promised by that imposter - spinmaster, 'Chappan Chaati', who says that whatever it is doling out, is after stealing from the poor of the Nation. 

Indeed, we soldiers should be ashamed of ourselves.

Oh! But Then

His crooked Munshi has already laughed at the soldiers for being 'simpletons' and believing an 'Election Jumla'.

Sorry Chappan Chaati, we made the mistake of believing you. We won't commit that mistake again. Why just we, the whole Nation, which has been witness to your treachery, will not believe in you again.