They make the profits on creating artificial scarcity.

"Peak oil" is pure military-industrial-complex propaganda.

Steve Watson, Alex Jones & Paul Watson | October 04 2005
Publicly available CFR and Club of Rome strategy manuals from 30 years ago say that a global government needs to control the world population through neo-feudalism by creating artificial scarcity. Now that the social architects have de-industrialized the United States, they are going to blame our economic disintegration on lack of energy supplies.

Globalization is all about consolidation. Now that the world economy has become so centralized through the Globalists operations, they are going to continue to consolidate and blame it on the West's "evil" overconsumption of fossil fuels, while at the same time blocking the development and integration of renewable clean technologies.


In other words, Peak oil is a scam to create artificial scarcity and drive prices up. Meanwhile, alternative fuel technologies which have been around for decades are intentionally suppressed.

This year in particular we have seen a strong hike in oil prices and are being told to simply get used to it because this is the way it is going to be. In the wake of Hurricanes Katrina and Rita gas prices have shot up amid claims of vast energy shortages. Americans are being asked to turn off lights, change thermostat settings, drive slower, insulate homes and take other steps. Meanwhile the oil companies continue to make record profits.

Even The New York Times pointed out that the recent "energy crisis" seems to be purely tactical:

"To Mr. Bush's critics, the call for conservation smacked of showmanship, or of shutting the garage door after the S.U.V. had been stolen. After all, the president has spent the past weeks dropping into the hurricane region from the fuel-guzzling Air Force One, which the Air Force estimates costs $40,000 an hour to fly."

Flying in the face of the so caFlled peak oil crisis are the facts. If we are running out of oil so quickly then why are reserves being continually increased and production skyrocketing?

in the 1980s OPEC decided to switch to a quota production system based on the size of reserves. The larger the reserves a country said it had the more it could pump.


Earlier this year Saudi Arabia reportedly increased its crude reserves by around 200 billion barrels. Saudi Oil Is Secure and Plentiful, Say Officials.



“These huge reserves enable the Kingdom to remain a major oil producer for between 70 and 100 years, even if it raises its production capacity to 15 million barrels per day, which may well happen during the next 15 years,”

Is this the normal course of behaviour if we are currently at the peak for oil production? The answer is no, it's the normal course of action for increasing production.

There have also been reports that Russia has vastly increased its reserves even beyond those of Saudi Arabia. Why would they do this if they believed there would be no more oil to get hold of? It seems clear that Russia is ready for unlimited future production of oil.....................http://www.prisonplanet.com/Pages/Oct05/041005oil.htm

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