Respected Scientist Says Peak Oil Is A Scam

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.

The peak oil myth is peddled by the establishment-run fake left activist groups and the IMF.

In a report the International Monetary Fund projected that global demand for oil by 2030 would reach 139 million barrels a day, a 65 percent increase.

"We should expect to live with high and volatile oil prices," said Raghuram Rajan, the IMF's chief economist. "In short, it's going to be a rocky road going forward."

Rolling Stone magazine carried an article in its April issue heavily biased towards making people believe the peak oil lie.

www.prisonplanet.com...

Global oil price to stay high for the next 20 years: IMF
Th e Long Emergency

What do people make of this? It's a long clip which I was watching and it raised some interesting points.

Is it the truth or a work of fiction by Alex Jones?

[edit on 17-4-2005 by Odium]

Nevermind, fixed.

[edit on 4/17/2005 by djohnsto77]

I guess the bottom line is: it doesn't matter if they are inflating the cost of oil. Inflation will take a bigger bite out of the millions of Americans with lower paying jobs. Even if they don't own a vehicle or two. The price of milk is $3/ gallon. A loaf of bread is $2. take a look at the price of your typical 20 items in a grocery store.

Then look at the Cayman islands. the tax haven of the superrich. They can even get other people to pay for their power-electric infrastructure.

What movie was it? It's a )))) sandwhich, and we're all going to have to take a big bite.

Alex Jones is quoting "Doctor" Nick Begich who got his degree from the Open International University for Alternative Medicines ( www.altmeduniversity.com... ) which is a correspondence-course medical school in India. Begich's degree is not recognized, and he is not licensed to practice Medicine in Alaska (which, according to his bio, is where I assume he lives). You can check out "Doctor" Begich at www.altmeduniversity.com... .

Begich, according to the research I just did, is not even a real physician, and even if he were, how does that give him expertise on petroleum geology?

But then, most of Alex Jones' stuff has always seemed bogus to me, anyway. His experts aren't, his evidence is non-existent, and his assertions usually peg my BS-meter.

I think that if the peak of oil production story was a myth, it would not have been created by the 'left/environmentalist/liberal' whatever.

The now dominant party has been active in sociopolitical and economic engineering for a great span of time now. The peak of oil production would be just the excuse for fuel oil prices to rise. Especially look to the right if it is in any way intentional.

The fact remains that no matter how expensive gas prices become, Americans will still be willing to pay them. We are just as dependent on gas as we are expected to be.

The 'right' would also condemn the 'left' for attempting to facilitate 'distribution of wealth', when in reality, it is the corporations that back the 'right' that are relentlessly attempting to distribute wealth among poorer nations as we now speak.

Any rise or fall in production or price of any commodity at this point is purely contrived. And with purpose and intent. These wars in which we are currently engaged are contrived. The television programs and news we view are contrived and manipulated to close or open markets - to drive spending in a particular direction. To create jobs and spur economy in a very particular and calculated way.

As much as we in this world would like to believe that we are not cattle, that we are not led to water (or slaughter), we simply can no longer control the machine that has been created to convey us.

Nothing short of catastrophy could change the direction in which we move, and ironically, that direction is leading us to that very destination.

So be it.



[edit on 17-4-2005 by DeltaChaos]

I believe this, and what Alex Jones says, but I think he does more
harm than good by doing it in such a way as to make us all look
like scheming crackpots.

His intentions are good, his methods are also on point most of the time, but they need some work in my opinion.

I've heard of this same theory elsewhere.

www.vialls.com...

Thoughts?

Originally posted by benign
but they need some work in my opinion.

Yeah like basic courses in Geology and Supply and Demand. What's so hard to figure out. The more we need Oil the less Oil there will be to go around its just that simple. Eventually we will get to the point where Oil will be so expensive that people will start to look to alternatives thusly lower Demand(along with prices) and the cycle starts all over again getting more and more obvous every cycle. New Oil Finds for Mega fields has pretty much stopped, the peak has come and gone.

an older related thread, Peak Oil may be a Lie of the Bush Regime.

i just don't believe that oil is a 'fossil fuel'. i believe it is a result of geological processes.

lixed fink



[edit on 15-7-2005 by billybob]

*sigh* Sometimes I forget that "Facts and Figures" around here amount too nothing, baseless rumours and wild speculation rules the day around here. IF Alex Jones says it's so then it must be true! Same with Richard C Hoaglund if he says Iaptus is a spaceship than it must be so! Lets # on all the hardworking Scientists work so we can be in the "IN" club of "I know something you don't and I'm mostly sure it's true but I can't offer any concrete evidance"

Even IF Oil was Abiotic the demands we are putting on this supposedly "Sustainable" Resource cannot last. The Earth is Finite and Something always comes from Something else, basic fact of Physics. Something CANNOT come from NOTHING.

Nick Begich
Nicholas Joseph Begich (April 6, 1932 at Eveleth, Minnesota — October 16, 1972 in Alaska) was a Democratic Party member of the United States House of Representatives. He was born and raised in Minnesota having attended Saint Cloud State University and the University of Minnesota before pursuing his doctorate at the Universities of Colorado and North Dakota.

After the completion of his doctorate, Begich took a position as a principal in Fort Richardson, Alaska. During his time in Fort Richardson he joined the state senate where he served for eight years.

Mark Begich
Mark Begich (born 1962), U.S. Democratic Party politician, He is currently mayor of Anchorage, Alaska, having been elected in 2003. Prior to becoming Mayor, he served in the Muncipal Assembly from 1988 to 1998, including three years as Chairman and two years as Vice Chairman. He is the son of the late U.S. Congressman Nick Begich, who died in a 1972 plane crash when his son was ten years old. He is reportedly considering a bid for Governor of Alaska in 2006.

Somehow I doubt Alex Jones did interview Nicholas Joseph Begich since he did in 1972.

Mark Begich on the other hand does not have a degree to my knowledge, however he is only repeating the words of George Wuerch who earned a bachelor's degree in engineering technology from Oregon State University and a master's degree in management from the U.S. Naval Postgraduate School and in 2002 they began to talk about the theory you are speaking of.

If you're talking about Nick Begich Jr. he is also just saying what George Wuerch said in 2002 at the meetings they all did together. So in reality, he might not have a degree but he is informed enough and has been "educated" by someone with a degree. People need to stop placing so much importance on a piece of paper.

Originally posted by billybob
i just don't believe that oil is a 'fossil fuel'. i believe it is a result of geological processes.

If we consider for a moment that oil may form due to geological processes, how long do you think it takes for that geological oil to form?

Do you think it is forming (and rising to the surface) at a rate of 39 million barrels per day?

Originally posted by Chris McGee

Originally posted by billybob
i just don't believe that oil is a 'fossil fuel'. i believe it is a result of geological processes.

If we consider for a moment that oil may form due to geological processes, how long do you think it takes for that geological oil to form?

Do you think it is forming (and rising to the surface) at a rate of 39 million barrels per day?

perhaps. i have no idea.
i do have other ideas, though. ideas about not suppressing energy conservation, or alternative energy. ideas like the carburator that could get 70 miles to the gallon on an old 70's buick by atomising the fuelinto a super fine mist. ideas like cold fusion, which has been heavily supressed. ideas like actually building infrastructure for alternative fuels, instead of whining about how difficult it will be.
we hear the scaremongering of peak oil all the time, now.
does this stop a huge average increase in horsepower sold to the culture of speed?
does this stop 'joyriding'? or 'just going out for a drive'?, or excessive idling?

the answer is, 'because it's all a scam'.

OK, you've switched.

Do you have any evidence of these 70mpg carbs or do we jus take your word for it?

You might want to go google cold fusion because it's not as easy as it looks, so do some research and then you can report back on the new facility in France.

we hear the scaremongering of peak oil all the time, now.
does this stop a huge average increase in horsepower sold to the culture of speed?
does this stop 'joyriding'? or 'just going out for a drive'?, or excessive idling?

I haven't heard any scaremongering. It hasn't been in the papers, on the news, nowhere. If you hear it all the time, I suggest a good therapist.

the answer is, 'because it's all a scam'.

No it isn't.

Have you given up on the abiotic oil thing or are you simply avoiding the question?

Just for you, i'll try again:

How long do you think it takes for that geological oil to form?

Do you think it is forming (and rising to the surface) at a rate of 39 million barrels per day?

Originally posted by Chris McGee

Have you given up on the abiotic oil thing or are you simply avoiding the question?

i didn't avoid it. i said, 'i don't know'. not everybody feels the need to be the encylopedia humana.
it's a scam, because instead of conserving energy as a policy, MASSIVE amounts of oil are poured down the drain in oil wars. i'm not going to argue with you, now, anyway.
i'll just let you be right. wow. you're smart!

so, here's my question, egghead. IF oil production is a geological process, shouldn't we frickin' get some scientific study to find out how it works instead of expecting lil ole billybob to know all the answers? i don't know what rate it bubbles up at, but i do know that i've heard it reported that old 'dried up' wells have magically refilled.

the experiments of pons a fleishman have been duplicated. other scientists the world over are reporting anomolous excess energy from chemical cells. i didn't say it was easy. i said it was NEAR IMPOSSIBLE because it is stonewalled and supressed by the 'scientific establishment'.

a fab cold fusion site, with real science and everything!

it is illegal to modify a carburetor in the states. the guy who did, got a visit from the fbi the day after he filed his patent. in order to buy very large magnets, you must be approved by the fbi or cia, i don't remember which. the point is, the former land of innovation has become the orwellian nightmare the cold war sought to keep at bay. anything which threatens the status quo of the super elite, is heavily supressed.

peak oil is PROBABLY a scam, if that will make you less bitey. if it's not, then the governments and corporations the world over are responding like an 80 yr old grandmother in a death match with bruce lee.

may the farce be with you.

Originally posted by billybob
an older related thread, Peak Oil may be a Lie of the Bush Regime.

i just don't believe that oil is a 'fossil fuel'. i believe it is a result of geological processes.

lixed fink



[edit on 15-7-2005 by billybob]

I will quote Colin Campbell on this,

FTW: What would you say to the people who insist that oil is created from magma, or that there's really so much that we don't have to worry?

Campbell: Oil sometimes does occur in fractured or weathered crystalline rocks, which may have led people to accept this theory, but in all cases there is an easy explanation of lateral migration from normal sources. Isotopic evidence provides a clear link to the organic origins. No one in the industry gives the slightest credence to these theories: after drilling for 150 years they know a bit about it. Another misleading idea is about oilfields being refilled. Some are, but the oil simply is leaking in from a deeper accumulation.

The full interview www.fromthewilderness.com...

I think the usual theory of the origin of oil holds most merit, but of course there is a remote possibility that the abiotic theory could hold some merit aswell. There is also another theory suggesting that some sort of microorganisms may have biological processes that yield oil as their waste, but these microorganisms have yet to been found.

Anyway, it doesn't really matter which theory is correct, the point is that all of these ways to create oil would most likely require lots of time to produce it at sufficient quantities to support our current world economy, it could take hundreds, thousands or even millions of years. Best to just look for an alternative cheap and renewable energy source instead, and eventually let go of the past, which is oil. Fusion or coldfusion would be great if we could first of all get them to work properly and safely.

Back to the topic in hand, I think Peak Oil is a reality and we will all have to deal with the consequences of our rapid consumption of the black stuff in a matter of decades.

Peak Oil is a topic I havent looked into very much. Maybe thats because I know some
professionals in the field and they dont seem concerned about it. I do know that they
subscribe to a "peak production" set of information to govern the management of oil fields.
Ergo, they use Peak Oil as a tool, therefore they certainly believe it. Is it a scam ? That
would be like telling a professional such as Off The Street that slide rules and calculators are
a scam.
However there are some anomalies worth noting in this subject. Here is a direct, personal observation.
I recently had an opportunity to make a drive through the "depleated" oil fields of southern New
Mexico and Texas. The area of interest started just east of Artesia, New Mexico and extended
well east of Big Springs, Texas. This is an area I am long familiar with, just havent been that way
for a number of years. I was struck by the number of operating oil wells visible from the highway.
Not only has their been a ten-fold increase, but the number of new pads being poured and the
well drilling rigs I counted was beyond anything I had seen there before. Even going back to the
days when it was a "productive" oil field. I noted many other related anomalies but enuf said I think.

Back to the topic at hand. I know peak oil is used as a measurement tool by the oil folk. That
means its real, not a scam. Is it something to panic over? Not yet. Watch your oil folk buddies.
Its like the bomb de-fusing technician with that T-shirt that says: "If you see me running, try to keep
up." If I see my oil folk buddies start running, I am gonna try to keep up.

hmmm Sadam's scorched Earth policy is what brought this on no spout a doubt it.

As to validity of the claim, its plausible. In the straights of Hormuz all Iran has to do is hold war games and the price jumps.
Its a neatly contrived ploy by the oil Barons who realize that alternate means are becoming available and they are trying to squeeze every last drop out of our wallets.

As to the suppression of said technologies, I too had heard of the carb and it was suppressed. This was years before Desert Storm so whoever has their hand on the spigot is the one keeping us reliant upon them.
As to how long it takes for oil formation, I heard waaay back in my school days it takes around 100k years to cycle through from fossil to oil. My question had always been what kind of graveyard must the Middle East have been

As for Alex Jones, I saw the video's off another thread yesterday and if what he says isn't true, surely he would have been debunked by now.
Where there's smoke there's fire, unless your Sadam and in that case, where there's fire there's oil.

But you know, the sad thing here is that we build the pipelines so they can milk us more and yet they blow them up so we have to pay more. and insult to injury, we are paying for the pipelines too aren't we? We pay for everything. Diminishing returns , I say we all get bikes (Harley's prefereably) and go on poker runs all the way to the WalMart parking lot. Afterwards we can re-cycle all those oil spots

I'd think there are any number of alternatives. Eucalyptus leaves burn fresh green off the tree. That oil could be refined, also any number of resources could be tapped if needed like corn or methane LPG etc. My favorite (sorry I'm biased) is eliminating our dependence upon fossil fuels as a fuel source and just use oil for petro-chemicals.

This is the way of the future and unless we can develop new ideas we will find ourselves more and more at the mercy of the slick. (srry, I like puns)

You know, we really don't know a whole lot about whats in the oceans, perhaps its a good time for further underwater exploration. Or maybe a solar reflector that focuses rays down to Earth collectors. Or we could devise a way to tap lightning (liquid electricity so perhaps it could be contained via magnetic field or something). Or something I once saw in a mag that looked like a long tube with vains on it... the wave action at the coast actually generated electricity.
Don't mind me, just some random thoughts
hmmm here's another one. If a biosphere of sorts could be built with the weather simulating a storm, perhaps we can generate our own lightning?
lol I guess its getting late.

Our American troops are in Iraq to secure and protect the oil companies, oru American soliders die because of an elite who craves oil. The Afghanistan and Iraq war was carried out because the elite wanted a pipeline through the Caspian Sea. Iraq is drenched in oil, but do Americans, who sometimes die for it, get any of it? No; because China gets most of the oil. One would think, that by winning the Iraq war or ousting Saddam Hussein, the price would be so low in America because we'd have first picks of most of the oil. But Americans are only in Iraq and Afghanistan to secure the oil fields, not benefit from it. So are the oil peaks real? Sure are; because, it is simply another way China strangles our economy. The pipeline goes straight through Israel. With all our technology, one would think, a pipeline could be run from the Iraq oil fields, under the sea/oceans, right into the cars of economy (well maybe not so easily, but I think we get the point). Again, Americans were screwed by the powers that be. Someone raised a point that no matter what the price of a gallon of gasoline is, Americans will buy it. I beg to differ...when the price nears and steadies around $3.00 a gallon for regular, and stays around the $3.00 a gallon range, Americans will get a sudden pang in their guts. And if Americans begin to no longer haul freight via 18 wheelers, go to work in their vehicles, and/or can't afford to take a long recreational drive, Americans will stop buying the fuel, and then whoever the President may be at the time (say, in a year to two years...I can only hope, suddenly Bush dies in office , then politicians and/or Congress will open its ear to us Americans. Americans do have a breaking point - even if it gradually makes its way up to $3.00 a gallon or more over months, Americans will break - and when the point of no return arrives, the entire economy will slow to a snail pace. And then, American guts will object so much about the price of gas, that the price will come down. The power is still in the People's hands/pocketbooks, but it must happen at a mass scale. The price of gas per gallon, for the most part, each gas station raises its prices incrementally yet similarly or uniformly, and when the majority of Americans decide at $3.00 per gallon, that that price is too much to pay, then in one spin, the price of a gallon of gas will fall. But it takes one thing and one thing only: guts. Americans have not had guts since the early 1970's...let the price of a gallon of gas rise to $3.00 & up, the guts of Americans will boil so much that, the price will come down. It's just a matter of time.

Very intresting post ..most of which I agree.
I concluded some time back that the Iraqi Oil is being held off of the American markets or going somewhere else just as was the Alaskan Oil supply. This so as to not drop the price of Oil here in the United States while getting a more favorable price for it in another location. This exactly what happened to the Alaskan Oil supply.
My limited knowlege of Oil is to the effect that historically Oil ,at certain times, is a commodity like diamonds ..it is held in short supply or seemingly short supply by crisis management exercises to keep the prices up.

Concerning the Alaskan Oil pipeline.
Recommend "The Energy Non Crisis" By Lindsey Williams ISBN 0-89051-068-7
This is a small quick reading book by a preacher who ministered to the men on the pipeline and in helping the men with alot of their spiritual problems and was recognized by the oil companys as an asset. Lindsey Williams was granted executive status to go anywhere on the pipeline necessary to minister to the men. What he learned from the men working the pipeline and certain executives is shocking and intresting. I recall seeing an article in National Geographic on Alaska and the pipeline. There in the photographs was exactly the site he spoke of at Gull Island. A small man made island out on a lake with a well on it. Looking at the photographs in National Geographic I could not help but remember the context in which Lindsey Williams spoke of this place. None of this was mentioned in National Geographic.

"Resource Wars" by Michael T Klare ISBN 0-8050-5576-2 This is a very intresting book about a continuing series of wars for the earths resources necessary to maintain a industrial base within certain nations.
This book not only covers the usual resources people consider like oil but also water and food, minerals and wood.
Food being a resource in particular of which so few in America think about. The facts presented by Michael T. Klare are that if Oil goes up beyond a certain point America's ability to grow food is severely curtailed and much of our food exports will cease ..many nations dependent on us for food will begin to starve. What was very surprising to me was how many nations are in fact dependent on us for certain food staples.
Food supplies seems to be a aspect of the relationship to oil not covered by many in this topic. Albet ..a very important one in the future.

"Hubberts Peak" by Kenneth S Deffeyes ISBN 0-691-11625-3 This one I found intresting as it is by a oil geologist by the name of M. King Hubbert now deceased. Kenneth S. Deffeyes studied under Mr. Hubbert and recalls his projections and how they seem to be coming true in spite of the major oil companys trying to ignore them. According to Hubbert our peak production peaked out some time in the 1970s and has been gradually going down hill from there.

I do believe that there is some speculation and maneuvering by the oil companys to milk this resource for all they can get internationally. I also believe that the purpose of the Iraq invasion was to remove this oil supply from the normal markets in the west and in doing so keep competitors out. Competitors like Germany and France who had obviously found ways to circimvent the normal oil markets by dealing with Iraq through the UN. The Oil buisness is a closed shop. No independents allowed. This market is more closely guarded than the illegal drug market for territory.
This is precisely what happened in the Falklands Island war in the early 1980s. Oil reserves were discovered off shore of the Islands. The Argentines most certainly did not want the sheep. Nor did the British. Argentina would have developed the Oil and sold it in the market as a independent and depressed the price of world oil. At the same time they would have paid up thier loans to the world banks and gotten out of debt and became independent..not allowed either.
This came to me about a year after the war was over...and listening to the BBC on shortwave..they announced that the British Government was taking bids on Oil leases off the Falkland Islands. I was floored when I heard this announcement. All those people killed on both sides for oil. I doubt many of them even knew what it was really about.
I also believe that the oil companys are quite capable of operating independently of their respective governments of origin and in certain conditions are a government unto themselves on the international stage. Governments often operate for them instead of the other way around. This especially when they work together instead of consuming each other in takeovers.

Thanks Gentlemen for the different views,
Orangetom