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Originally posted by Danbones
peak oil, the way Mr rupert has portrayed it has been shown to be a PTB scamedit on 30-4-2012 by Danbones because: (no reason given)
Originally posted by RealSpoke
I'm gonna watch this later on my phone whilst waiting at the dentists office. I'll comment on it then. Replying so I don't forget to.
Why is Obama Lying About US Oil Reserves?...“With only 2% of the world’s oil reserves, we can’t just drill our way to lower gas prices,” President Barack Obama said in his weekly address March 10. “Not when we consume 20% of the world’s oil.”
The claim is, if not blatantly false, at best grossly misleading. If the President didn’t know this, some advisors should be dismissed. If he did, he needs to accept the blame and formally correct it.
As Investors Business Daily explained,
… the figure Obama uses—proved oil reserves—vastly undercounts how much oil the U.S. actually contains. In fact, far from being oil-poor, the country is awash in vast quantities—enough to meet all the country’s oil needs for hundreds of years.
Originally posted by epsilon69
If it takes a barrel to produce a barrel then there is no point. Here are the facts:
-World oil discoveries peaked in 1960, since then we have been finding less and less oil each year
-Since 2005 world production of oil has flat lined; must be hard for the elite to stop every rogue nation from producing all this abundant oil?
-World net exports of oil have been decreasing, dramatically. Meaning there is less oil each year for importers like the U.S to buy.
-All finite resource's production rates follow a bell curve, now if you claim that oil isn't finite but infinitely being produced in the Earth's crust then I would ask that you provide some evidence for this extraordinary claim.
- U.S oil production peaked in 1970 exactly when M. King Hubbert predicted it would based off of past U.S oil discoveries and extraction rates. This peaking led to the oil crisis' of the 1970's, where the U.S for the first time realized the importance of controlling world oil supplies.
Originally posted by Iconic
Even IF the peak is a myth, it is going to come, its only a matter of time.
When it comes, it will be ugly. There are no alternative fuels that are a serious, viable offer. Plus our connection to oils in the development in resins, fibers, polymers, etc makes it so we use oil at such a ridiculous speed that peak is going to come, and when it does, or if it already happened, we're screwed, to put it lightly.
Rest assured, that no matter how much you 'hope' you have been told the truth, and how much you 'think' is there, all I can say is that something doesn't feel right, and the dots connected paint a web of intricate realities formed around all of this.
Originally posted by wrdwzrd
I am not going to comment on the peak oil situation, I have seen both sides of the argument and they are both compelling.
I loved this Doc when it came out, I think it is well done and has lots of good information. I am confused by Ruppert though, I first came across him in connection with the Iran Contra and he seems like a solid guy.
But...for all his teary eyed confessions about wanting to help humanity, he offers nothing that is not a paid membership scenario. He is extremely concerned about getting paid for his information which seems weird to me.
I understand offering a membership on your site, people need to make money to survive but if he is so benevolent and altruistic why not offer some stuff for free? If the world is indeed collapsing and fiat currency is a joke then why work so hard to sell books and memberships?
I haven't entirely made up my mind about him. He is either for real or is pushing an agenda. His background does make me a bit suspect.
Originally posted by Matt1951
Peak oil is a myth. With current technology, oil can be extracted from North Dakota at $80 per barrel. North Dakota is booming. North Dakota has more oil than Saudi Arabia. The US will be able to supply all its needs, and export a lot more, within 10 years.
The global warming idiots hate this. But it is reality.