← Autodidact Archive · Original Dissent · kminta
Thread ID: 17186 | Posts: 7 | Started: 2005-03-08
2005-03-08 15:07 | User Profile
[I]In my opinion, Americans are too dependent on foreign oil to begin with. The sooner we start using alternative sources of fuel, the better.[/I]
[B][URL=http://p209.ezboard.com/fthefulltruthforum60735frm35.showMessage?topicID=16.topic]Debunking the "Oil as a Weapon" Myth[/URL][/B]
By Joseph Sarandos 3/7/05
The concept of "Stop oil...and you stop the world" is not exactly true.
While there are some states and nations that are wholly dependent on imported oil, the United States, Russia and China, to name a few, have their own domestic supplies of oil that are more than enough to fill their own needs.
It is only for reasons of profit to the International Petroleum Industry that the United States [B]chooses[/B] to import oil at greatly-inflated prices [B]while[/B] the pumping and [B]exporting[/B] of our own oil reserves continues.
Remember that [B]no one actually knows[/B] how much oil there is in the world, so there could be enough to last for as long as the Sun continues to burn, or all of it could run out in the next few years (which is highly unlikely).
But, it's been amply demonstrated that the oil itself has [B]no intrinsic value[/B], i.e.; when millions of barrels of it get spilled in the ocean, there are only scarce efforts to save it, and none to protect it from theft, but [B]extensive and intense[/B] efforts to destroy it before it washes-up on the beaches.
In actuality, the value of oil is wholly determined by its [B]control and distribution mechanisms[/B], meaning that [B]even Water[/B] would be very expensive [B]if[/B] some cartel were able to monopolize its sources and distribution.
In the case of America's simultaneous importing and exporting of oil, this was brought about politically, through the enactment of [B]seemingly "good"[/B] laws and regulations that were passed with wide public approval, way back when oil was selling on the international market for around $2.50 per barrel and gasoline was selling in America for less than 50 cents per gallon. In preparation for these laws and regulations, the Zionist-controlled government and Mass News Media started "harping on" the huge profits that were being made by the Petroleum Industry, and calling for "controls to limit such profits". This had the expected result of limiting the profits-per-barrel to a [B]percentage[/B] of the costs-per-barrel. Therefore, it became [B]much more profitable[/B] to the America-based Petroleum Industry to [B]increase their costs[/B] by paying more for imported oil while severely cutting back on its own, much-cheaper domestic production. IOW, 10% of $2.50 is only 25 cents per barrel, while 10% of $50 is $5 per barrel.
2005-03-08 16:54 | User Profile
Well like I said before, they want $50.00 per for their barrel of oil? no pro because later they will pay $500.00 for our barrel or oil.....oh boy! I smell war.
2005-03-08 17:07 | User Profile
[QUOTE=kminta]Debunking the "Oil as a Weapon" Myth
By Joseph Sarandos 3/7/05
The concept of "Stop oil...and you stop the world" is not exactly true.
[COLOR=Red]While there are some states and nations that are wholly dependent on imported oil, the United States, Russia and China, to name a few, have their own domestic supplies of oil that are more than enough to fill their own needs[/COLOR]....[/QUOTE]The state of Wyoming has more energy reserves in hydrocarbons than the entire Middle East. Likewise for Alberta and Venezuela. Yet these reserves are extremely expensive to extract though some great improvements have been made in the Athabaskan tar sands.
China has nowhere near the energy reserves that Sarandos implied. Their search for energy will change world politics within 20 years.
Ponce just may be much more correct than he expects.
2005-03-08 19:02 | User Profile
Using commonsense, cheap oil will soon be history. At greater cost, oil will be obtainable for decades to come and alternatives will become more realistic. As this happens, the US will adjust. But, the white man will be cursed for using up the cheap oil -- nevermind that whites invented the uses for oil in the first place as well as invented the substitutes.
2005-03-09 04:17 | User Profile
[QUOTE=Ponce]Well like I said before, they want $50.00 per for their barrel of oil? no pro because later they will pay $500.00 for our barrel or oil.....oh boy! I smell war.[/QUOTE]
Osama bin Laden has gone on record saying that he believes USD $200 per barrel is a fair price for oil.
2005-03-09 06:14 | User Profile
The CIA Factbook lists proven oil reserves for the world's countries. Saudi Arabia could keep up current production for 80 years, without discovering any new oil. But, the US only about 8 years. If you think there's a lot of cushion here, consider that new oil discoveries are becoming rare and demand is rapidly increasing. As it becomes common knowledge that the oil supply is not keeping up with demand, panic will drive oil prices through the roof (I just hope I'm relatively self-sufficient by the time this happens).
What about oil shale, solar energy, and hydrogen?
In my homestead project, I was planning on a solar-energy powered home. I came to learn that it takes about as much energy to create solar panels as you can get out of the life of the solar panels. This also applies to oil shale, and it applies in spades to hydrogen.
The end of cheap energy is coming.
I think Joseph Sarandos' article is silly.
2005-03-09 06:45 | User Profile
Some interesting resources:
[url]www.peakoil.com[/url] [url]www.peakoil.org[/url]
Make up your own mind how credible they are