Peak Oil: a scam?
Something I'm working on.
Corporate Dominance?
This is worth a listen
I found the site off of Life after the oil crash.net surprisingly enough. Like all good arguers, the site in question is posted, I believe, in order to discredit it.
On his site, Savinar states:
Strangely enough, it seems to me at least, Savinar answers his own question in the next couple paragraphs:
So, why act as if you were suppressing the knowledge of peak oil if it isn't real? How about to strengthen the illusion of the scam itself. If peak oil is indeed not real, it would seem strange that the engineers of it would allow the crash of the exact market they're going to be making money off of.
Also, consider these facts:
-Saudi Arabia, Venezuela, and just about all other opec countries, need a certain amount of money to finance different operations within their own respective nations.
-As the price of oil goes up, the price of everything goes up. Right now, "over 30 percent of world output, 70 percent of world trade, and 80 percent of international investment is controlled by transnational corporations. All that while overseas production of these firms exceeds the levels of world exports, making them key players in the world economy. As was stated in the latter point, it's worthwhile to trace where the money is going to go if prices rise.
-If you wanted to create an artificial scarcity, what better way to do it than stop building new refineries and then make the claim that oil is scarce?
-Goldman Sachs predicted in April of 2005 that oil could reach 105 dollars within a years time. But the thing is, Goldman Sachs makes money off the futures market; the higher the price of oil, the better.
-Most importantly, if oil is abiotic, as some people claim it puts a huge twist on the peak oil debate. Last Wednesday, I talked to my local MLA, Ray Prins, and when we got into the discussion about oil being possibly abiotic, he brought up that last Monday, a well, of about a billion barrels, was found 30,000 feet deep. This contradicts the current belief that oil deposits can only be found in depths of 5000 to 10 000 feet deep. I've looked around but found virtually nothing about it, which only further seems to push the idea that a western media bias is being pushed on us. If I can find the article I'll post it up as soon as I can.
I don't want to get into the reasons why peak oil might be real right now because I intend to post a rather lengthy essay near the end of January of March on the both sides of the debate. Anyways, I'm sure anyone aware of the debate already knows the ramifications if it is real.
Also, even if it is a scam, given the ramifications of continued oil and gas extraction I find myself questioning whether I would want it exposed due to the long term by products.
But, none the less, I thought I would post this anyways.
-------------------------------------
And, one last thing in relation to the mp3 I posted at the beggining.
In other words- Privatization, baby.
Corporate Dominance?
This is worth a listen
I found the site off of Life after the oil crash.net surprisingly enough. Like all good arguers, the site in question is posted, I believe, in order to discredit it.
On his site, Savinar states:
If Peak Oil is "Big Oil propaganda" (as some claim), why did Sonoma State University's Project Censored declare it one of the most censored stories of 2003-2004? Surely, if "Peak Oil is Big Oil propaganda", Big Oil would have found a way to get it off the pages of under-funded publications like Project Censored and onto the pages of the mainstream papers and into the 24/7 cable news cycle.
Likewise, if "Peak Oil is a myth propagated by the greedy oil companies to justify high prices", why didn't any of the greedy oil company CEOs offer "the peaking of world oil production" as a partial justification for high gas prices when they testified before Congress about high gas prices?
Strangely enough, it seems to me at least, Savinar answers his own question in the next couple paragraphs:
The answer is simple: the true consequences of Peak Oil cannot be acknowledged in such a highly public forum without crashing the financial markets...
So, why act as if you were suppressing the knowledge of peak oil if it isn't real? How about to strengthen the illusion of the scam itself. If peak oil is indeed not real, it would seem strange that the engineers of it would allow the crash of the exact market they're going to be making money off of.
Also, consider these facts:
-Saudi Arabia, Venezuela, and just about all other opec countries, need a certain amount of money to finance different operations within their own respective nations.
-As the price of oil goes up, the price of everything goes up. Right now, "over 30 percent of world output, 70 percent of world trade, and 80 percent of international investment is controlled by transnational corporations. All that while overseas production of these firms exceeds the levels of world exports, making them key players in the world economy. As was stated in the latter point, it's worthwhile to trace where the money is going to go if prices rise.
-If you wanted to create an artificial scarcity, what better way to do it than stop building new refineries and then make the claim that oil is scarce?
-Goldman Sachs predicted in April of 2005 that oil could reach 105 dollars within a years time. But the thing is, Goldman Sachs makes money off the futures market; the higher the price of oil, the better.
-Most importantly, if oil is abiotic, as some people claim it puts a huge twist on the peak oil debate. Last Wednesday, I talked to my local MLA, Ray Prins, and when we got into the discussion about oil being possibly abiotic, he brought up that last Monday, a well, of about a billion barrels, was found 30,000 feet deep. This contradicts the current belief that oil deposits can only be found in depths of 5000 to 10 000 feet deep. I've looked around but found virtually nothing about it, which only further seems to push the idea that a western media bias is being pushed on us. If I can find the article I'll post it up as soon as I can.
I don't want to get into the reasons why peak oil might be real right now because I intend to post a rather lengthy essay near the end of January of March on the both sides of the debate. Anyways, I'm sure anyone aware of the debate already knows the ramifications if it is real.
Also, even if it is a scam, given the ramifications of continued oil and gas extraction I find myself questioning whether I would want it exposed due to the long term by products.
But, none the less, I thought I would post this anyways.
-------------------------------------
And, one last thing in relation to the mp3 I posted at the beggining.
The International Monetary Fund (IMF) has backed a new $685m (£395m) loan for Iraq, in a move seen as an endorsement of its economic reforms. The loan represents the IMF's seal of approval that the Iraq government is taking the correct fiscal measures to mend its war-ravaged economy.
In other words- Privatization, baby.
posted by Daniel_v at 2:45 PM
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