posted on Mar, 23 2011 @ 06:53 AM
I thought peak production was reached many years ago? Global oil reserves are certainly far far lower than those advertised by the industry - as
gradual public info releases by both corporations and countries of the last couple of years has shown.
Who was the American oil guy that drew up production level charts in the late 50's / early 60's? He showed that global oil reserves and production
were at their maximum in the 70's and have been declining steadily since (he extrapolated results forwrd to around 2030 - 2040 when he predicted oil
would run out). The scary thing is, he has been almost bang on the money for every decade so far (which admittedly isn't the same as saying that he
will be ultimately proved correct). Either way, we have been lied to for years in order to push up stock prices and create more wealth for the
wealthy. Surely this false manipulation of the markets is fraud whichever way you look at it? Pessimistic about any charges ever being brough
By the way, i apologise for the fact that i cannot the guy's name. For any out there that can be bothered to look him up, the facts are all out
there. Most interestingly is that he is from that background (former corporate oil man) and has no axe to grind, just believes that we should honest
about where we are at..........