jetflyer
Concerned Citizen
- Joined
- Mar 8, 2002
- Posts
- 2,040
The Oil Prices continue to increase for the same reasons as a week ago.
They settled at 68.35 on Friday. They will probably pass the peak price after Hurricane Katrina soon and then go down for a while, until they once again head in the inevitable direction we'll see for years to come as OIL BEGINS TO RUN OUT.
Matthew Simmons, a Bush and Cheney friend, advisor to Cheney on the TOP SECRET ENERGY POLICY, and author of one of the latest books talking about peak oil and how the world is about to start running out of the black goo, bet one of the news anchors on CNBC $5,000 that we'd see $200 PER BARREL OF OIL by the end of 2010. He was also on Fox News with Neil Cavuto and CNN with Lou Dobbs saying the same things about the world getting VERY CLOSE NOW to reaching peak oil and beginning the decline in oil production. God help us all if he's right.
One of the main reasons for the recent price hike is that Nigeria is seeing a lot of chaos and trouble and a lot of oil production has been halted.
Also today it has been found that Kuwait does not have as much oil as they previously have stated. In an oil journal they say that Kuwait has about 1/3-1/2 as much oil as previously stated. When Saudi Arabia says the same thing soon, like is predicted in many peak oil books, the world is really going to wake up. The reason for these books' predictions can be found at this link along with THE BEST DESCRIPTION I'VE EVER SEEN FOR PEAK OIL:
www.yubanet.com/cgi-bin/artman/exec/view.cgi/8/15426
Iran of course is also a big issue.
The industrialized countries including even France are realizing that Iran needs to be dealt with and quickly, especially before peak oil is passed. The world has a lot of oil now but 5 years from now that will be a different picture and the world can't let Iran hold the world oil markets ransom as oil becomes more scarce.
Oil is just too important for economies and the world can't let a mad man like the one running Iran control that much oil and the Straight of Hormuz.
If Iran closes the Straight of Hormuz there will be not only Iran's 4 million barrels gone from the world but also Saudi Arabia's 9.5 million barrels a day.
Iran has also said that if they are threatened they will close the straight. The U.S. and its FIVE carrier battle groups in the area will not allow this to happen though.
Since I'm becoming pessimistic that we've waited too long for alternative energy sources to matter I'm becoming more militant in my thinking every day and I realize that war is the ONLY ANSWER that the U.S. has to keep its oil flowing. But unfortunately future wars could also bring about the downfall of the U.S.
Damned if we go to more wars, damned if we don't. There is no good answer.
The best answer would have been to begin alternatives back in the 1970's!!!!! Well now thanks to all the retards that run America, we're about to live the 1970's all over again with the oil problems again, but unfortunately the 70's were just just a gentle test run for the real thing that we're about to see with insane future oil price rises, rising inflation and interest rates, and hopefully not a severe economic depression.
What's scary in my mind is I see that I'm becoming more and more like a war-mongering neo-con like Bush and Cheney every day. God help me.
I say bring on Iran. Bring on Venezuela and Hector Hugo Chavez. We just better win, have an INTERNATIONAL COALITION, and have a better plan to keep the oil flowing and keep the peace. Iraq has been such a collosal fudge up and embarrasment to the U.S. We can't let another Iraq happen, but we need to take action in the world.
So I say "Let's roll"
God help us,
Jet
They settled at 68.35 on Friday. They will probably pass the peak price after Hurricane Katrina soon and then go down for a while, until they once again head in the inevitable direction we'll see for years to come as OIL BEGINS TO RUN OUT.
Matthew Simmons, a Bush and Cheney friend, advisor to Cheney on the TOP SECRET ENERGY POLICY, and author of one of the latest books talking about peak oil and how the world is about to start running out of the black goo, bet one of the news anchors on CNBC $5,000 that we'd see $200 PER BARREL OF OIL by the end of 2010. He was also on Fox News with Neil Cavuto and CNN with Lou Dobbs saying the same things about the world getting VERY CLOSE NOW to reaching peak oil and beginning the decline in oil production. God help us all if he's right.
One of the main reasons for the recent price hike is that Nigeria is seeing a lot of chaos and trouble and a lot of oil production has been halted.
Also today it has been found that Kuwait does not have as much oil as they previously have stated. In an oil journal they say that Kuwait has about 1/3-1/2 as much oil as previously stated. When Saudi Arabia says the same thing soon, like is predicted in many peak oil books, the world is really going to wake up. The reason for these books' predictions can be found at this link along with THE BEST DESCRIPTION I'VE EVER SEEN FOR PEAK OIL:
www.yubanet.com/cgi-bin/artman/exec/view.cgi/8/15426
Iran of course is also a big issue.
The industrialized countries including even France are realizing that Iran needs to be dealt with and quickly, especially before peak oil is passed. The world has a lot of oil now but 5 years from now that will be a different picture and the world can't let Iran hold the world oil markets ransom as oil becomes more scarce.
Oil is just too important for economies and the world can't let a mad man like the one running Iran control that much oil and the Straight of Hormuz.
If Iran closes the Straight of Hormuz there will be not only Iran's 4 million barrels gone from the world but also Saudi Arabia's 9.5 million barrels a day.
Iran has also said that if they are threatened they will close the straight. The U.S. and its FIVE carrier battle groups in the area will not allow this to happen though.
Since I'm becoming pessimistic that we've waited too long for alternative energy sources to matter I'm becoming more militant in my thinking every day and I realize that war is the ONLY ANSWER that the U.S. has to keep its oil flowing. But unfortunately future wars could also bring about the downfall of the U.S.
Damned if we go to more wars, damned if we don't. There is no good answer.
The best answer would have been to begin alternatives back in the 1970's!!!!! Well now thanks to all the retards that run America, we're about to live the 1970's all over again with the oil problems again, but unfortunately the 70's were just just a gentle test run for the real thing that we're about to see with insane future oil price rises, rising inflation and interest rates, and hopefully not a severe economic depression.
What's scary in my mind is I see that I'm becoming more and more like a war-mongering neo-con like Bush and Cheney every day. God help me.
I say bring on Iran. Bring on Venezuela and Hector Hugo Chavez. We just better win, have an INTERNATIONAL COALITION, and have a better plan to keep the oil flowing and keep the peace. Iraq has been such a collosal fudge up and embarrasment to the U.S. We can't let another Iraq happen, but we need to take action in the world.
So I say "Let's roll"
God help us,
Jet
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