Why? would the US "befriend" Greece

[bodge]

OIL!

It seems the pentagon wants to be "friends" with Greece

The Pentagon too, by the way, is also – for obvious strategic reasons discussed passim – very keen to befriend Greece after its collapse into loneliness. The discovery in late 2010 of the huge natural gas bonanza off Israel’s Mediterranean shores triggered other neighbouring countries to look more closely at their own waters. The results revealed that the entire eastern Mediterranean is swimming in huge untapped oil and gas reserves.
http://hat4uk.wordpress.com/2012/03/09/ ... ers-steam/

No change there then Now we know why they needed to "collapse their economy".(so they could "save" them.

[vanilla]

You mean that unlimited resource that keeps refilling US wells?

Weird isn't it that people keep fighting over it despite there being an endless supply.

[bodge]

Very good but as they havent started emptying them how do you know they are not going to slowly fill up again. Dont knock it till you know it.

[p_devlin]

Weird isn't it that people keep fighting over it despite there being an endless supply.

Dogma of synthetic scarcity is promoted.

[bodge]

He has not worked out why people fight over it. When the rest of the world wakes up to the fact its NOT as scarce a resource as they are led to believe it is then the "value" will drop through the floor and my goodness that will affect "profit" and they murder people to protect that.

[vanilla]

Very good but as they havent started emptying them how do you know they are not going to slowly fill up again. Dont knock it till you know it.

I'm not saying they don't. It's a fact that some do, even if only because of migration from nearby reservoirs.

Dogma of synthetic scarcity is promoted.

"The idea that oil production is soon to peak needs to be dispelled. This view is recognised by a wide variety of respected oil industry sources." - Keynote Speech by Mr. Mohammed Barkindo, Acting for the OPEC Secretary General, to "Nigeria Oil & Gas 2006", Abuja, Nigeria, 3-5 April 2006

The oil industry don't want you to believe in peak oil and have publicly spoken against it. They don't want you looking for alternatives, so promoting the idea of oncoming scarcity is counter-productive for them.

He has not worked out why people fight over it. When the rest of the world wakes up to the fact its NOT as scarce a resource as they are led to believe it is then the "value" will drop through the floor and my goodness that will affect "profit" and they murder people to protect that.

See above. OPEC will tell you it's not scarce and there's no danger of a peak any time soon. Last time I checked oil prices were about double what they were when that speech was made. Try going down to your local Esso garage and tell them you're only paying 10p a litre because their boss doesn't think peak oil is real.

What I believe is a fairly important point that a lot of people are missing is that even if oil is essentially an infinite, renewable resource we appear to be pumping it out at a rate faster than reserves are being replenished. And over the next few decades, literally billions of people in developing nations are going to want to take to the roads, so demand is only going to increase in the foreseeable future.

People in this country aren't going to stop driving to work or for leisure, delivering goods or using agricultural machinery and they'll continue to pay as much as it costs until it is uneconomical to do so. Shit, two thirds of the cost of petrol in this country is tax anyway, if the petrol itself was free you'd still be paying more than a pound a litre to cover the fuel duty, VAT and costs of distributing and selling it.

In short, the price of oil isn't going to drop significantly if we find out it's not scarce.

"Everything is worth what its purchaser will pay for it." - Publilius Syrus

[p_devlin]

Very good but as they havent started emptying them how do you know they are not going to slowly fill up again. Dont knock it till you know it.

I'm not saying they don't. It's a fact that some do, even if only because of migration from nearby reservoirs.

Dogma of synthetic scarcity is promoted.

"The idea that oil production is soon to peak needs to be dispelled. This view is recognised by a wide variety of respected oil industry sources." - Keynote Speech by Mr. Mohammed Barkindo, Acting for the OPEC Secretary General, to "Nigeria Oil & Gas 2006", Abuja, Nigeria, 3-5 April 2006

The oil industry don't want you to believe in peak oil and have publicly spoken against it. They don't want you looking for alternatives, so promoting the idea of oncoming scarcity is counter-productive for them.

He has not worked out why people fight over it. When the rest of the world wakes up to the fact its NOT as scarce a resource as they are led to believe it is then the "value" will drop through the floor and my goodness that will affect "profit" and they murder people to protect that.

See above. OPEC will tell you it's not scarce and there's no danger of a peak any time soon. Last time I checked oil prices were about double what they were when that speech was made. Try going down to your local Esso garage and tell them you're only paying 10p a litre because their boss doesn't think peak oil is real.

What I believe is a fairly important point that a lot of people are missing is that even if oil is essentially an infinite, renewable resource we appear to be pumping it out at a rate faster than reserves are being replenished. And over the next few decades, literally billions of people in developing nations are going to want to take to the roads, so demand is only going to increase in the foreseeable future.

People in this country aren't going to stop driving to work or for leisure, delivering goods or using agricultural machinery and they'll continue to pay as much as it costs until it is uneconomical to do so. Shit, two thirds of the cost of petrol in this country is tax anyway, if the petrol itself was free you'd still be paying more than a pound a litre to cover the fuel duty, VAT and costs of distributing and selling it.

In short, the price of oil isn't going to drop significantly if we find out it's not scarce.

"Everything is worth what its purchaser will pay for it." - Publilius Syrus

If the oil industry as a whole acknowledges the fabrication of oil scarcity in the mainstream rather than from an obscure remote stage then what you say concerning its admission of synthetic scarcity might be believable.
Rupperts peak (IIRC) was instigated from within the oil industry itself so what you say is not necessarily accurate.

The trouble with the whole scenario is that the masses are lied to at virtually every level.
Rather than educating in the true sense of the word and allowing solutions to evolve as they naturally would, we are being forced into the untenable position of complete subjugation.

[bodge]

Which is why "the Illusion" of scarcity isnt the same as actual scarcity and yes I will admit there will be some leeching from either nearby reservoirs or coming out of porous rocks that have been under immense pressure that doesnt prove the Abiotic being fraudulent its merely "another" possibility as to why it may not be.

[onamission]

Hi found this on David Icke web site : interesting reading, click on the link at the bottom of article for an in depth read


The United States Has Plenty Of Oil: 10 Facts About America's Energy Resources That Will Blow Your Mind

Saturday, 28 April 2012 04:47

'The United States is not running out of oil. In fact, nobody on the entire globe has more energy resources than the United States does. The truth is that we are absolutely swimming in oil and natural gas and we have so much coal that we have no idea what to do with it all. At current consumption rates, America has enough energy resources to completely satisfy all of its needs well into the 22nd century. If we would just access those resources, we would not have to import a single drop of foreign oil.

But most Americans don't realize that we have plenty of oil. In fact, our education system has brainwashed most Americans into believing that our energy resources are rapidly being depleted and that we will soon enter a great energy crisis. We are all constantly told that we must transition to "green energy" before it is too late. But the reality is that America is an energy rich nation and new discoveries of oil and natural gas deposits are being made all the time. Shouldn't someone tell the American people the truth about these things?'

Read more: The United States Has Plenty Of Oil: 10 Facts About America's Energy Resources That Will Blow Your Mind

[vanilla]

Which is why "the Illusion" of scarcity isnt the same as actual scarcity and yes I will admit there will be some leeching from either nearby reservoirs or coming out of porous rocks that have been under immense pressure that doesnt prove the Abiotic being fraudulent its merely "another" possibility as to why it may not be.

The real point though is not whether abiotic oil is fraudulent, but if it exists in quantities large enough to make any difference. If it's real but isn't created at a greater rate than we consume it, peak oil is still a problem.