The Myth Of Peak Oil
 | Alex Jones and Paul Joseph Watson join George Noory for a Coast to Coast AM 3 hour discussion on the overwhelming evidence that 'peak oil' scenarios are fabricated to raise the cost of fossil fuels. Below is an article followed by a categorized archive of the information supporting this conclusion. |
Paul Joseph Watson & Alex Jones | October 12 2005
Peak oil is a scam designed to create artificial scarcity and jack up prices while giving the state an excuse to invade our lives and order us to sacrifice our hard-earned living standards.
Publicly available CFR and Club of Rome strategy manuals from 30 years ago say that a global government needs to control the world population through neo-feudalism by creating artificial scarcity. Now that the social architects have de-industrialized the United States, they are going to blame our economic disintegration on lack of energy supplies.
Globalization is all about consolidation. Now that the world economy has become so centralized through the Globalists operations, they are going to continue to consolidate and blame it on the West's "evil" overconsumption of fossil fuels, while at the same time blocking the development and integration of renewable clean technologies.
In other words, Peak oil is a scam to create artificial scarcity and drive prices up. Meanwhile, alternative fuel technologies which have been around for decades are intentionally suppressed.
Peak oil is a theory advanced by the elite, by the oil industry, by the very people that you would think peak oil would harm, unless it was a cover for another agenda. Which from the evidence of artificial scarcity being deliberately created, the reasons for doing so and who benefits, it’s clear that peak oil is a myth and it should be exposed for what it is. Another excuse for the Globalists to seize more control over our lives and sacrifice more American sovereignty in the meantime.
The lies of artificial scarcity
The crux of the issue is that if oil was plentiful in areas in which we are being told by the government and the oil companies that it is not, then we have clear evidence that artificial scarcity is being simulated in order to drive forward a myriad of other agendas. And we have concrete examples of where this has happened.
Three separate internal confidential memos from Mobil, Chevron and Texaco have been obtained by The Foundation for Taxpayer and Consumer Rights.
These memos outline a deliberate agenda to gouge prices and create artificial scarcity by limiting capacities of and outright closing oil refineries. This was a nationwide lobbying effort led by the American Petroleum Institute to encourage refineries to do this.
An internal Chevron memo states; "A senior energy analyst at the recent API convention warned that if the US petroleum industry doesn't reduce its refining capacity it will never see any substantial increase in refinery margins."
The Memos make clear that blockages in refining capacity and opening new refineries did not come from environmental organizations, as the oil industry claimed, but via a deliberate policy of limitation and price gouging at the behest of the oil industry itself.
The mystery of Eugene Island 330 and self-renewing oil supplies
Eugene Island is an oil field in the gulf of Mexico, 80 miles off the coast of Louisiana. It was discovered in 1973 and began producing 15,000 barrels of oil a day which then slowed to about 4,000 barrels in 1989.
But then for no logical reason whatsoever, production spiked back up to 13,000 barrels a day.
What the researchers found when they analyzed the oil field with time lapse 3-D seismic imaging is that there was an unexplained deep fault in the bottom corner of the computer scan, which showed oil gushing in from a previously unknown deep source and migrating up through the rock to replenish the existing supply.
Furthermore, the analysis of the oil now being produced at Eugene Island shows that its age is geologically different from the oil produced there after the refinery first opened. Suggesting strongly that it is now emerging from a different, unexplained source.
The last estimates of probable reserves shot up from 60 million barrels to 400 million barrels.
Both the scientists and geologists from the big oil companies have seen the evidence and admitted that the Eugene Island oil field is refilling itself.
This completely contradicts peak oil theory and with technology improving at an accelerating pace it seems obvious that there are more Eugene Islands out there waiting to be discovered. So the scientific community needs to embrace these possibilities and lobby for funding into finding more of these deep source replenishing oilfields.
The existence of self-renewing oil fields shatters the peak oil myth. If oil is a naturally replenishing inorganic substance then how can it possibly run out?
The future of oil
This year in particular we have seen a strong hike in oil prices and are being told to simply get used to it because this is the way it is going to be. In the wake of Hurricanes Katrina and Rita gas prices have shot up amid claims of vast energy shortages. Americans are being asked to turn off lights, change thermostat settings, drive slower, insulate homes and take other steps. Meanwhile the oil companies continue to make record profits.
Flying in the face of the so called peak oil crisis are the facts. If we are running out of oil so quickly then why are reserves being continually increased and production skyrocketing?
In the 1980s OPEC decided to switch to a quota production system based on the size of reserves. The larger the reserves a country said it had the more it could pump.
Earlier this year Saudi Arabia reportedly increased its crude reserves by around 200 billion barrels. Saudi oil Is secure and plentiful, say officials.
“These huge reserves enable the Kingdom to remain a major oil producer for between 70 and 100 years, even if it raises its production capacity to 15 million barrels per day, which may well happen during the next 15 years,”
Is this the normal course of behavior if we are currently at the peak for oil production? The answer is no, it's the normal course of action for increasing production.
There have also been reports that Russia has vastly increased its reserves even beyond those of Saudi Arabia. Why would they do this if they believed there would be no more oil to get hold of? It seems clear that Russia is ready for unlimited future production of oil.
There is a clear contradiction between the peak oil theory and the continual increase in oil reserves and production.
New untapped oil sources are being discovered everywhere on earth. The notion that there are somehow only a few sources that the West is trying to monopolize is a complete myth, promulgated by those raking in the massive profits. After all how do you make huge profits from something available in abundance?
A Wall Street Journal article by Peter Huber and Mark Mills describes how the price of oil remains high because the cost of oil remains so low. We are not dependent on the middle east for oil because the world's supplies are diminishing, it is because it is more profitable to tap middle east supplies. Thus the myth of peak oil is needed in order to silence the call for tapping the planet's other plentiful reserves.
Richard Branson has even stated his intention to set up his own refinery because the price of oil is artificially being kept high whilst new sources are not being explored and new refineries not being built.
"Opec is effectively an illegal cartel that can meet happily, nobody takes them to court," Branson has said. "They collude to keep prices high."
So if more refineries were built and different resources tapped, the oil prices would come down and the illegal cartel OPEC would see profits diminish. It is no wonder then that the argument for peak oil is so appealing to OPEC. If no one invests to build refineries because they don't believe there is enough oil, then who benefits? OPEC and the oil elites of course.
It seems that every time there is some kind of energy crisis, OPEC INCREASES production. The remarkable thing about this is that they always state that they are doing it to ease prices, yet prices always shoot up because they promulgate the myth that they are putting some of their last reserves into the market. Analysts seem confused and always state that they don't believe upping production will cut prices.
In a recent report the International Monetary Fund projected that global demand for oil by 2030 would reach 139 million barrels a day, a 65 percent increase.
"We should expect to live with high and volatile oil prices," said Raghuram Rajan, the IMF's chief economist. "In short, it's going to be a rocky road going forward."
Yet independent analysts and even some within OPEC seem to believe that the demand for oil is diminishing. Why the contradiction?
The peak oil and demand myth is peddled by the establishment-run fake left activist groups, OPEC and globalist arms such as the IMF.
Rolling Stone magazine even carried an article in its April issue heavily biased towards making people believe the peak oil lie.
The Scientific evidence also flies in the face of the peak oil theory. Scientific research dating back over a hundred years, more recently updated in a Scientific Paper Published In 'Energia' suggests that oil is abiotic, not the product of long decayed biological matter. Oil, for better or for worse, is not a non-renewable resource. It, like coal, and natural gas, replenishes from sources within the mantle of earth.
No coincidence then that the Russians, who pioneered this research have pumped expenditure into deep underground oil excavation.
We have previously scientifically exposed the scam behind peak oil. Here is a 1 hour+ audio clip featuring Alex Jones' comments on peak oil and then the analysis of respected scientific commentator Dr. Nick Begich who presents evidence to suggest the idea of Peak oil is artificial.
A dangerous fallout precedent being set is that people on both the left and right believe wars are being fought in order to tap the last reserves of oil on the planet. The "coalition of the willing", whoever they may be for any given war, will not pay particular attention to refuting this claim because it allows them a reason to start and continue said war.
Even though many will see it as immoral, many will subconsciously attach it as a reason for the war. In reality the war is purely for profit, power and control, oil can be a part of that, but only if the peak oil claim is upheld.
If we continue to let the corrupt elite tell us we are wholly dependent on oil, we may reach a twisted situation whereby they can justify starvation and mass global poverty, perhaps even depopulation, even within the western world due to the fact that our energy supplies are finished.
Peak oil is just another weapon the globalists have in their arsenal to move towards a new world order where the elite get richer and everyone else falls into line.
Evidence of the Creation of Artificial Scarcity by the Oil Industry
Group: Internal memos show oil companies limited refineries to drive up prices
Internal Mobil Memo Showing Effort to Reduce Refining Capacity
Internal Texaco Memo Showing Effort to Reduce Refining Capacity
Internal Chevron Memo Showing Effort to Reduce Refining Capacity
Shell Oil, Price Manipulation, and the Fleecing of Americans
The Mystery of Eugene Island 330 and Abiotic Oil
Wall Street Journal: Odd Reservoir Off Louisiana Prods
Oil Experts to Seek a Deeper Meaning
The mystery of eugene island 330
Further Information on Abiotic, Self-Renewing Oil
Scientific Evidence Debunks Peak Oil Hoax
Russian Scientific Papers on Abiotic Origins of Oil & Related Research
Russia's Oil Boom After Discovering Abiotic Oil
Sustainable Oil? -- v. Peak Oil
Colonel Fletcher Prouty said oil as fossil fuel "Right out of the Rockefeller bible."
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Who Is Promoting Peak Oil? The Global Elite
The ultra-elite Bilderberg Group stated in May that oil prices would double.
The world in the palm of their hands: Bilderberg 2005, Part II
Colonel Fletcher Prouty said oil as fossil fuel "Right out of the Rockefeller bible."
Commentary on the Myth of Peak Oil
Peak Oil is a Corrupt Globalist Scam
Russia Proves 'Peak Oil' is a Misleading Zionist Scam
'Peak Oil' Scam Unravels, Oil Reserves Increasing
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Oil Company Profits Increasing as Peak Oil Theory Spreads
Oil industry rides high energy prices to big profits
UK Oil Companies Show Record Profits
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Additional Contradictions to Peak Oil
Fears of dwindling oil supply unfounded
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Support Our Efforts To Expose Peak Oil
Read more about how crises are manufactured to implement larger agendas in Paul Joseph Watson's book Order Out of Chaos.
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posted by MAYANKing @ 12:16 PM
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