posted on May, 1 2012 @ 01:10 PM
Peak oil is not a sham, imo. I equate the term with "readily accessible" oil, such as the type that is found mainly in the Middle East. There is
certainly more oil available around the globe, but much of the newly-discovered variety is located in hard-to-access places.
If more readily accessible oil was there for the taking, oil companies wouldn't be engaged in dangerous, expensive operations like the Deep Water
operation, which led to the U.S. Gulf disaster.
If Peak OIl were a sham, mega-sized old fields like Saudi Arabia's Ghawar wouldn't be subjected to extensive water injections to retrieve deeply
The fact is that oil extraction is becoming more and more expensive, as easy accessible fields that have been worked for decades are drying up. If the
so-called "abiotic" theory were correct, then new oil would replenish the extracted amounts, something that hasn't happened.
Mike Ruppert deserves all the kudos I can give for getting "Crossing the Rubicon" published.. That book was my personal eye-opener on the way
current geopolitics really work.
Ruppert is a bit of a diva, but imo he seeks attention mainly to make money for himself, which I can't blame him for. Collapse was a worthwhile
documentary to watch, but none of it was a surprise to people who read "Rubicon" and who had followed the postings on his previous site, "From the