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outsider
Trustworthy Freedom Fighter
Joined: 30 Jul 2006
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Location: East London
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 Posted: Mon May 28, 2007 11:36 pm Post subject: Mike Ruppert recuperates in Canada |
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Forgive me if you all know this already, but I've only learnt today that Mike R was taken seriously ill in Venezuela (probably poisoned) and was now in Canada; and that he's giving up campaigning. Jenna Orkin is carrying on with the new 'From The Wilderness' site. As with Jimmy Walter, there's a limit to how much nonsense they can throw at you before you've had enough. I hope you guys and gals send him 'get well quick' messages to new 'FTW' site. And let's stop attacking David Shayler' before he too says 's*d you lot'. It took courage and integrity to whistle-blow on MI6; we can all make mistakes - let things cool down.
To get back to Mike R, it's a personal blow to me, because I had big ideas about getting him to press a pet idea on the Venezuelans. !A Luta Continua!
MIKE RUPPERT IN CANADA
http://www.fromthewilderness.com/free/ww3/120206_mike_canada.shtml
RECOVERING - LEGAL NOTICE
Nov. 26, 2006 - Thanks to contributions and assistance from so many of you, Mike Ruppert was successfully moved from Venezuela to Canada on November 18th. He is currently in the greater Toronto area and receiving medical care and rest thanks to dedicated Peak Oil activists. In addition to his previously described symptoms it has been learned that his adrenal system is severely damaged and there may be toxicity of the liver. He has lost more than 20 pounds in the last ten weeks. Many of you have written suggesting possible poisoning as cause for his known symptoms. We are not pursuing that at the moment because the treatment for the symptoms would not change in either case.
Mike has received offers of residency from more than 20 countries on five continents. It will not be possible to further consider those options until his health has stablized which may take several months. In addition, Mike must also turn his attention to a number of legal issues arising from FTW's permanent cessation of operations.
LEGAL NOTICE -- Michael Ruppert has every intention of satisfying all legitimate outstanding debts of From The Wilderness Publications, Inc. Those creditors and customers with unfilled orders who have not received refunds are asked to maintain complete records. At a subsquent date, either the FTW web site or Mike Ruppert's blog will post notices about how to make contact and present claims. At present, the Ashland, Oregon offices are vacant and all phone lines have been disconnected. For the time being mail should still be sent to the Ashland address as it is being forwarded to a temporary holding area, pending new arrangements.
The first priority is for Mike to recover his health. He will, as soon as he is able, be pursuing legal and financial arrangements to satisfy all obligations but it may take several months before funds become available.
Mike sends the following message to all FTW subscribers, friends and fans:
"Over the past four months many of you have touched me with your generous and loving offers of support and encouragement. You have kept me alive. I have also understood, probably for the first time, how deeply FTW has impacted your lives and the lives of a new and younger generation. As my health and my access to your letters improves I will be writing personally to as many of you as I possibly can.
"I want to repeat something I have been saying in private emails over the last month. Personally, I am through forever with investigative journalism and public lecturing. I am leaving public life. It is my hope that by continuing to repeat this sincere position that many of the inexplicable difficulties which have dominated my life over the past months will ease.
"It is time to move on. I spent twenty-seven years as a dedicated public activist and that is something which I am no longer able or inclined to do. The price was ultimately too great. I want to assure all FTW creditors that if it takes the rest of my life we will pay off our debts. Unfortunately, any unfillfilled orders will not and cannot be shipped. We will refund them as soon as we are able. Many of the tragedies and mishaps which marked FTW's final months and necessitated its closure became a perfect storm. How they played out has already been discussed. But I am still alive and plans are underway to have the FTW web site archived in perpetuity on the internet for the benefit of future researchers and we expect that to happen soon.
"This is not the end but a new beginning."
While donations are not needed to relocate Mike to another country, there is still a need for funds to cover immediate medical expenses. Mike Ruppert will not be able to travel long distances for the foreseeable future. He will continue to work with and through his New York attorney Ray Kohlman and Jenna Orkin.
Please continue to send donations and essential correspondence to the address below. If sending a donation, please remember to put "For Mike Ruppert" in the memo line.
Ray Kohlman
116-16 142nd St.
Jamaica, NY 11436
Thank you all. |
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Snowygrouch
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Joined: 02 Apr 2006
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Location: Oxford
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| Posted: Tue May 29, 2007 12:25 am Post subject: |
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I hope he gets well.
Personally I`m absolutely amazed he lived much past the publication of his book.
Good luck Mike
_________________
The potential for the disastrous rise of misplaced power exists, and will persist
President Eisenhower 1961 |
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ianrcrane
Trustworthy Freedom Fighter
Joined: 12 Nov 2005
Posts: 352
Location: Devon
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| Posted: Tue May 29, 2007 10:28 am Post subject: Mike Ruppert and The Myth of Peak Oil |
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Snowygrouch wrote:
| Quote: | | Personally I`m absolutely amazed he lived much past the publication of his book. |
It's very sad to hear of Mike Ruppert's predicament. I suspect that Mike has for some time now realised that he is caught up in a web of intrigue which goes far beyond anything he ever dreamed of when he 'signed up' to poularise the myth of Peak Oil.
'Crossing the Rubicon' is a critical part of the official mythology.
I have good reason to suspect the hand of John M. Deutch behind Mike Ruppert’s transition from pioneer of 9/11 Truth to purveyor of Peak Oil mythology. It’s no great secret that Mike made a life-long enemy of Deutch when he exposed CIA drug running during Deutch’s tenure as head of that organisation.
As a non-executive director of Raytheon, Deutch has benefited personally from the rewards associated with the massive increase in arms sales, as a result of the illegal wars in Afghanistan & Iraq. However, his personal financial profit from Raytheon pales into insignificance when compared with the five fold increase in the stock price of Schlumberger, where he has been on the board of directors since 1997 (the year before I left Schlumberger after 19 years; the last three and a half years being based in the NeoCon capital, Houston Texas).
The price of oil in 1999 bottomed at $9.81 per barrel; a figure that was considered to be far too low to sustain an appropriate level of investment in the industry. The US oil industry was also concerned that if Iraqi oil came back on full stream any time soon, it could depress prices even further. This would not only have a serious negative effect on the oil industry but would also be detrimental to the flow of the US$ in the international financial markets; thereby reducing the ability of major oil producing countries to purchase US goods & services. With the Clinton/Gore regime showing little enthusiasm for addressing these issues, the Neo-Cons saw the window of opportunity to change the political landscape with the forthcoming (2000) presidential election. Taking their lead from Zbigniew Brzezinski’s 1997 book, ‘The Grand Chessboard’, the Neo-Con think-tank known as ‘The Project for the New American Century’ produced their blueprint for an aggressive US foreign policy in their September 2000 report titled, ‘Rebuilding America’s Defenses – Strategy, Forces & Resources for a New Century’.
Once in office, Dick Cheney commissioned a report on behalf of his oilfield buddies (Cheney was CEO of Halliburton from 1995 until being elected/appointed vice-President in 2000) titled, ‘Strategic Energy Policy Challenges for the 21st Century’. The report was supposedly produced by ‘An independent Task Force, sponsored by the James A. Baker III Institute for Public Policy of Rice University and The Council on Foreign Relations’. One of the participants in the discussions leading to the production of this report was ‘Kenny boy’ Lay; none other than the now disgraced (and supposedly deceased) ex-CEO of ENRON and major contributor to the Bush/Cheney 2000 campaign fund. Another of the signatories of this report was Thomas F. McLarty, Vice-Chairman of Kissinger McLarty Associates, listed as ‘an international strategic advisory firm’. An Independent Task Force? Need I say more?
However, one of the lesser known but most significant participants in the production of this document, was one Matthew Simmons, President of Simmons & Company International, a specialised energy investment bank. Simmons is also a member of the National Petroleum Council and Bush/Cheney Energy Transition Advisory Committee and past Chairman of the National Ocean Industries Association. Whilst Colin Campbell takes the credit for re-awakening interest in the work of Dr. Marion King Hubbert (he didn’t like the name Marion, so he had everyone address him as ‘King’), Matthew Simmons, who admits to first reading Campbell’s hypothesis in 1996, was instrumental in translating the basic tenets of Hubbert’s depletion theory into an investment context. All that remained was to get the principles of the theory into the mass consciousness. A strategy that would be absolutely critical in softening the public reaction to the growing realisation that Weapon’s of Mass Destruction would never be found in Iraq; as admitted by Paul Wolfowitz in 2003 that the myth of WMD’s was created for political expediency (link: www.truthout.org/docs_03/053103A.shtml
Consequently, it was essential that the American public were initiated into the theory of ‘Peak Oil’ as rapidly as possible. Only Mike Ruppert knows the detail of the circumstances which lead to his infamous interview with Matthew Simmons on August 18th, 2003. The reality is that this date was the turning point for Mike Ruppert; by early 2004 Mike had turned his attentions away from exposing the fraud of 9/11, focusing instead on promoting and popularising the theory of ‘Peak Oil’. As a direct result of his outstanding work on 9/11, the majority of his acolytes followed Mike blindly into the very plausible but selectively simplistic theory of ‘Peak Oil’. By encouraging Ruppert to incorporate the concept of ‘Peak Oil’ into ‘Crossing the Rubicon’, Simmons was able to ensure that the concept of ‘Peak Oil’ went ‘mainstream’, particularly amongst the 9/11 skeptic community, within a matter of months. The subliminal message being that even if the events of 9/11 don’t stand up to scrutiny and the attack on Iraq had been somewhat less than legitimate, these events were a necessity if we (the gas guzzling USA) are to retain our oil dependent life-style … ‘cos ultimately, we the (USA) come first; although the gentlemen of AIPAC & the ADL might have other priorities … but more on that particular issue another time!
Deutch, a member of the Council on Foreign Relations, is a serious playmaker; a talent that Euan Baird, Andrew Gould’s predecessor as CEO of Schlumberger, would have been well aware of in selecting him to serve as a non-executive Director, despite the fact that there was a serious cloud over the legality of his activities and behaviour while head of the CIA, thanks largely to the tenacious investigative work of a guy by the name of ... Mike Ruppert. It was reported that Mike Ruppert, single-handedly, cost CIA Director John Deutch his guaranteed appointment as Secretary of Defense after confronting him at Locke High School with hard facts about CIA drug-dealing (President Clinton pardoned Deutch on his last day in office). Based upon the circles in which they move, it is unthinkable that Deutch and Simmons (also a member of the CFR), would not have crossed each others paths on numerous occasions but if any confirmation were needed that these two major players have had considerable direct contact, look no further than an organisation called ‘Resources for the Future’, where both Deutch and Simmons serve as Board Members! Deutch’s membership the CFR, his previous membership of the intelligence community, coupled with his Phi Beta Kappa connections, would have been more than enough to ‘arrange’ for the highest profile 9/11 antagonist, to become the populariser of Peak Oil, either wittingly or otherwise!
As an aside, it is interesting to note that Deutch was invited to be the Phi Beta Kappa orator at Harvard in June 2005, delivering a speech to recent PBK graduates during which he questioned the wisdom of retaining US forces in Iraq. Co-incidentally, this speech was delivered exactly one month prior to the London bombings. In 2006, Deutch then chaired the Independent Task Force established by the Council on Foreign Relations to produce the report on ‘National Security Consequences of US Oil Dependency’, a role in which he was able to bring fellow Schlumberger Board Member Linda G. Stuntz to the attention of the CFR.
As a further aside, Jamie Gorelick, another Schlumberger Board Member and member of the CFR, was instrumental in ensuring that the 9/11 Commission stayed ‘on message’ … but more on her another time.
All that said, I do not advocate a continuation of ninety million barrel per day consumption … but who do you think owns all the patents on alternative energy? The oil & gas industry has much to answer for but by touting and perpetuating the myth of peak oil, my ex-colleagues in the oil industry are laughing all the way to the bank, cashing in stock options that lay moribund for almost twenty years but have in the past three years, provided them with access to wealth beyond their wildest imagination. Just take a look at the obscene profitability reported by all the major oil companies since 2003. If any of the big boys seriously believed in Peak Oil they would be investing at much higher levels in new seismic exploration, new drilling techniques, reservoir management and stimulation processes, as well as the construction of new drilling rigs. In fact, they could easily double or even treble the current level of investment and still report record profitability. Why don’t they do it? Because the theory of Peak Oil has no traction within the industry. Why don’t they argue against it? Would you, when you are reaping the phenomenal benefits in ‘Shareholder Value’?
Schlumberger and Halliburton, the two major global oilfield services companies, come closest to declaring their interest in perpetuating the Peak Oil mythology by sponsoring Colin Campbell’s Association for the Study of Peak Oil (ASPO); not to be confused with an ASBO … although some might see some synergy between the two!
Meanwhile, Matthew Simmons & John Deutch make out like bandits, thanks primarily to the success in getting Mike Ruppert to taking up the cause and popularise a theory that would have been far more difficult to implant in the wider consciousness without his participation. Mike’s reward is poor health and life on the run.
I have this vision of John Deutch, wearing a wry smile as he monitors the SLB stock price while thumbing through his copy of ‘Crossing the Rubicon’, saying to himself, “Thanks Mike, you owed me.”
Selected supporting links:
www.fromthewilderness.com/ssci.shtml
www.disinfo.com/archive/pages/dossier/id279/pg1/index.html
www.simmonsco-intl.com/files/depletion.pdf
www.environment.harvard.edu/navigation2/Simmons.pdf
www.oilcrash.com/articles/blackout.htm
www.slb.com/content/about/board.asp#jd
www.wtrg.com/prices.htm
www.harvardmagazine.com/commencement/05pbk-deutch.html
www.cfr.org/content/publications/attachments/EnergyTFR.pdf
The above observations and comments are summarised from my forthcoming book ‘Out of Darkness’, scheduled to be published Spring 2008.
Ian R. Crane |
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Craig W
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Joined: 22 Feb 2007
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| Posted: Tue May 29, 2007 2:51 pm Post subject: |
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That's a good piece, Ian. Thanks. It's great to have insider knowledge of these matters.
Regarding Peak Oil, like you I am of the opinion that it is a BS control meme.
Regarding Ruppert, I'm not so sure. Having been a one-time subsrciber to FTW I now am not sure whether he wasn't controlled all along. The key to the extent of his complicity with regard to the Peak Oil meme is why he met with Simmons and why he subsequently started giving this story the hard sell. For this and other reasons his credibility is highly suspect imo.
_________________
"Nothing can trouble you but your own imagination." ~ Sri Nisargadatta Maharaj
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ian neal
Angel - now passed away
Joined: 26 Jul 2005
Posts: 3140
Location: UK
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| Posted: Tue May 29, 2007 4:07 pm Post subject: |
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Thx Ian
Good post
Interesting that schlumberger are supportive of ASPO.
I had reason to ask 2 senior schlumberger executives recently for their off the record opinion on PO. They both dismissed the theory (that it is imminent).
Here's wishing Mike a speedy recovery |
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brian
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Posts: 611
Location: Scotland
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The Watcher
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Joined: 09 Aug 2006
Posts: 200
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| Posted: Tue May 29, 2007 9:38 pm Post subject: Peak Oil - The Myth |
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Brian asked:
| Quote: | | Can anyone post best evidence that peak oil is a lie? |
ianrcrane wrote:
| Quote: | | Just take a look at the obscene profitability reported by all the major oil companies since 2003. If any of the big boys seriously believed in Peak Oil they would be investing at much higher levels in new seismic exploration, new drilling techniques, reservoir management and stimulation processes, as well as the construction of new drilling rigs. In fact, they could easily double or even treble the current level of investment and still report record profitability. Why don’t they do it? Because the theory of Peak Oil has no traction within the industry. |
How about that for starters?
The Watcher |
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brian
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Posts: 611
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| Posted: Tue May 29, 2007 10:12 pm Post subject: |
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It has been argued that given the modern technology they are well aware that there are no major finds out there so high levels of investment is counter to their objectives.
The modus operandi seems to be to let the juniour explorers do the donkey work then move in if and when any decent finds are established.
In any case the extrapolation from the negative does not count as best evidence. I meant positive evidence. |
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Craig W
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brian
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Posts: 611
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| Posted: Wed May 30, 2007 5:18 pm Post subject: |
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Thanks Craig W, is there anything specific on the links that convinces you or others that peak oil is a lie?
I was hoping someone who has looked in depth at this would provide the evidence that convinces them. The evidence I have seen up to now is to my mind not in any way conclusive. The abiotic argument being the most pertinent.
To my mind peak oil seems only logical if we accept we are dealing with finite resource, it would then be only a question of timing.
To argue that manipulation of the oil market somehow shows peak oil to be a scam to facilitate the manipulation is not logical, manipulation is common to markets irrespective of future supply.
When we see the the scramble for oil supply security by the powers it suggests they have no faith in abiotic or major new internal finds of readily available oil and the investment in the more expensive extraction of shale oil etc only reinforces this.
http://www.azcentral.com/arizonarepublic/business/articles/0529biz-sha le0529.html |
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Craig W
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Joined: 22 Feb 2007
Posts: 485
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| Posted: Fri Jun 01, 2007 10:53 pm Post subject: |
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Came across these on my travels, brian.
http://www.theoildrum.com/node/2409#more
http://www.theoildrum.com/node/2367
http://www.theoildrum.com/node/2411
I haven't read them but they seemed interesting debates over peak oil.
Personally, I suspect imminent peak oil is BS, but not strongly so. Of course, there will be a peak in oil supply. We just don't know when. But the current lather over peak oil smells funny to me and we know that the oil cartel have a long and inglorious history of stoking the fear of scarcity to manipulate prices and policies...
I suspect that there are still very significant reserves that have been deliberately hidden and that much of the current militarism in the Middle East and Central Asia is about the US and UK keeping the Russians and Chinese from getting control of that region's oil.
Only time will tell... 
_________________
"Nothing can trouble you but your own imagination." ~ Sri Nisargadatta Maharaj
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ian neal
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James C
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Posts: 1046
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| Posted: Sat Jun 02, 2007 11:39 am Post subject: |
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| ian crane wrote: | | Consequently, it was essential that the American public were initiated into the theory of ‘Peak Oil’ as rapidly as possible. Only Mike Ruppert knows the detail of the circumstances which lead to his infamous interview with Matthew Simmons on August 18th, 2003. The reality is that this date was the turning point for Mike Ruppert; by early 2004 Mike had turned his attentions away from exposing the fraud of 9/11, focusing instead on promoting and popularising the theory of ‘Peak Oil’. As a direct result of his outstanding work on 9/11, the majority of his acolytes followed Mike blindly into the very plausible but selectively simplistic theory of ‘Peak Oil’. By encouraging Ruppert to incorporate the concept of ‘Peak Oil’ into ‘Crossing the Rubicon’, Simmons was able to ensure that the concept of ‘Peak Oil’ went ‘mainstream’, particularly amongst the 9/11 skeptic community, within a matter of months. The subliminal message being that even if the events of 9/11 don’t stand up to scrutiny and the attack on Iraq had been somewhat less than legitimate, these events were a necessity if we (the gas guzzling USA) are to retain our oil dependent life-style … ‘cos ultimately, we the (USA) come first; although the gentlemen of AIPAC & the ADL might have other priorities … but more on that particular issue another time! |
Ian,
Can I ask, when has GW ever mentioned peak oil? In fact, when has any neo-con raised the subject of peak oil during a news event?
Because these questions are largely rhetorical, since the subject of peak oil has never been discussed publicly by those in power, I'll ask a few more questions starting with; why do you promulgate the myth that peak oil is propoganda to be fed to the American public as quickly as possible. I first learned about this subject 3 years ago, about 1 year after discovering the 9/11 conspiracies, and I will assert that explaining the subject of peak oil to anyone is incredibly difficult since no official has ever spoken about the subject and so it is not accepted as a credible theory. In other words, peak oil is not a mainstream news story. So how does that fit with your claims? Why would the US government leave it to a few unknowns to discuss this subject? I would suggest you speak to anyone on the street and ask them who Ruppert or Simmons are. I think you'll find that no one has heard of them just as few people know about peak oil or the ones that do usually don't understand what it means. In Ruppert's case, his version of events, mixing 9/11 conspiracy with peak oil, requires a massive leap in imagination which joe average will really battle to support. In fact, his preachings have caused division both within the 9/11 and peak oil communities. Hardly the succint message you appear to imply he is making with which to convert the world. On the other hand, Simmons has always denied that 9/11 had anything to do with peak oil and appears to support the official story. Why would he do that if he was the one to 'educate' Ruppert. Wouldn't they have agreed on a similar story?
How also do you explain this graph (below) which shows the peaking of US oil production in 1971 and it's subsequent and continuing fall in output ever since? Is this data just manufactured? In fact, there are dozens and dozens of graphs for oil fields across the globe showing similar peaks regardless of the fact that world reserves are still healthy. How do you explain these and isn't this just a case of you not understanding what peak oil is? I would suggest you look at the production curves for our own north sea oil fields. Nearly all have peaked.
Finally, perhaps you'd like to explain why Ruppert is on the run and in poor health if he's a messenger for, and presumably under the protection of, the US government? Are Heinberg, Deffeyes, Skrebowski, Hardman, Darley, Roberts and all the other energy activists just Government moles too? Ever heard of ODAC?
What you say just doesn't make sense I think you are reading too much into the associations between Deutch, Ruppert, Simmons and others and coming up with the answer 42! Deutch may not be a saint, but equally it doesn't mean he has a hand in promoting peak oil mythology either, as you assert.
Last edited by James C on Sun Jun 03, 2007 7:56 am; edited 2 times in total |
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James C
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Joined: 26 Jan 2006
Posts: 1046
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| Posted: Sat Jun 02, 2007 12:39 pm Post subject: |
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| Craig W wrote: | | I suspect that there are still very significant reserves that have been deliberately hidden and that much of the current militarism in the Middle East and Central Asia is about the US and UK keeping the Russians and Chinese from getting control of that region's oil. |
Hi Craig W,
With respect, your statement proves that you don't understand what peak oil is. Peak oil is not about reserves, it is about output and any decline in output will have a detrimental affect on the global economy regardless of how much oil is still left in the ground. You are correct about US and UK policy though although this won't stay like this for long. Russia and China will likely retaliate very quickly although Russia already holds the upper hand as we will be totally dependant on Russian gas over the next few years. |
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James C
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Joined: 26 Jan 2006
Posts: 1046
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| Posted: Sat Jun 02, 2007 8:22 pm Post subject: |
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| ian crane wrote: | | If any of the big boys seriously believed in Peak Oil they would be investing at much higher levels in new seismic exploration, new drilling techniques, reservoir management and stimulation processes, as well as the construction of new drilling rigs. In fact, they could easily double or even treble the current level of investment and still report record profitability. Why don’t they do it? Because the theory of Peak Oil has no traction within the industry. Why don’t they argue against it? Would you, when you are reaping the phenomenal benefits in ‘Shareholder Value’? |
Hi Ian,
Further to my earlier post I would also like to draw your attention to this presentation made last Wednesday by Schlumberger CEO, Andrew Gould.
http://newsroom.slb.com/press/inside/article.cfm?ArticleID=247&
I think you should take note of the bit where he discusses the significant rises in R&E to counter dropping outputs globally. Up 23% in 2006 and set to rise higher this year!
| Quote: | | We are therefore continuing to focus on research and engineering in support of our technology objectives to meet customer requirements. We increased our R&E spend by 23% in 2006 and will increase by a further substantial amount in 2007. We have continued to put research in centers of academic excellence worldwide with the move of Schlumberger-Doll Research to Boston, Massachusetts, the opening of our Carbonate Research Center in Dhahran, Saudi Arabia and the expansion of Schlumberger Moscow Research to Novosibirsk. We have opened a network of Regional Technology Centers putting scientists and engineers in proximity to major customers and their operations. And such centers are already open in Kuala Lumpur, Abu Dhabi, Stavanger, Dallas, Mexico City, Edmonton and Puerto La Cruz, Venezuela. |
| Quote: | | We have also been systematically extending our operating locations in the field. In the last 3 years we have renewed or added facilities in Libya, Algeria, Nigeria, Angola, Mexico, Ecuador, Malaysia, Qatar, Saudi Arabia and Russia. Many of these bases are catering to the growing activity in new exploration as well as the ongoing development of deep-water fields. However without a doubt the challenge has been greatest in the hiring and training of new professionals |
One has to wonder why Sclumberger would spend so much money and effort opening new (and re-opening old) exploration bases if matters were rosey. In fact, as you well know, Schlumberger is set to make good profits from increased exploration since that is its role so this counters your argument does it not?
Of course, no where does Gould mention peak oil because that wouldn't be good for shareholder confidence. No wonder so few oil execs mention the words. Then again, perhaps Sclumberger doesn't see peak oil as a necessary worry. It doesn't make its money from selling oil, just finding the stuff and a declining production market could be viewed by the company as an opportunity to make even more money before the final end of the oil industry in a few decades time. Perhaps that's why Schlumberger spent so much effort in the 1990's to buy-out or merge with any competition to become the largest oil services company in the world.
Just to finish off with another question (you raise too many questions in your article), why do you believe global consumption will not rise above 90 million barrels/day? If the oil companies are making so much money and there is no problem with supply, then why won't they push consumption to the max? Or is this just your get out clause so that when oil consumption does fall (because of peak oil), it will all be due to some masterplan you believe the PTB are following? Again, you make no sense. |
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