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Originally posted by Blackmarketeer
3) Oil prices have remained negligible and or neutral as far as price hikes.
This has also been in the back of my mind. In the past, even a hint of a disruption at any oil refinery anywhere has led to massive price spikes at the pump. Here we have an epic major oil disaster, and no price spike???
Obviously, either something then, or something now is being manipulated!
Originally posted by endisnighe
The instant I started hearing about the spill, my conspiracy mind went to one of the oldest and probably one of the biggest conspiracies to date.
Peak oil and the supposed "fossil" fuels.
[edit on 5/16/2010 by endisnighe]
Chavez Says Gas Platform Sinks Off Venezuelan Coast
May 13 (Bloomberg) -- Venezuelan President Hugo Chavez said that a natural-gas platform sank off the country’s eastern coast because of a faulty floatation system.
The incident comes three weeks after a fatal rig accident in the Gulf of Mexico
TEHRAN, May 3 (Reuters) – An Iranian state company offered on Monday to help in preventing a vast oil slick that is moving towards the coast of the United States, the Islamic Republic’s old foe, from causing an “ecological disaster”.
Haidar Bahmani, managing director of the National Iranian Drilling Company, said his firm was ready to provide assistance in fighting the spill in the Gulf of Mexico, the Oil Ministry’s website SHANA reported.
Cuba’s revolutionary former leader, Fidel Castro has spoken of the oil spillage in the Gulf of Mexico in an article which was posted on Saturday in the Cuban media in which he described the government’s lack of control over “those who control the capital”.
who in both the United States and Europe are, due to the economy of our globalized planet, those who decide the destiny of the public. the hateful tyranny imposed on the world.”
The former Cuban leaders’ writing continued “These companies decide the fate of the people, and the economy in our globalized world.”
Originally posted by SpartanKingLeonidas
reply to post by SLAYER69
Ooh, ooh, I know, I know.
Alex, what is Halliburton Inc?
Quote from : Wikipedia : Boots and Coots
Boots & Coots/IWC is one of the world's premier well control companies.
Founded in 1978 by Red Adair's lieutenants, Asger "Boots" Hansen and the late Ed "Coots" Matthews, Boots & Coots International Well Control, Inc. was responsible for putting out about one third of the more than 700 oil well fires set in Kuwait by retreating Iraqi soldiers in the Gulf War.
In 1997, the company was purchased by International Well Control.
The company worked with Halliburton in Iraq in the aftermath of the Iraq War; however, there were only nine fires to deal with, a far cry from the number from the previous war.
In spite of signing a two-year contract including renewal options with Halliburton in 2004 to continue operating in southern Iraq, the company faced an uncertain future.
By the end of 2007, the company had driven their revenues up to $105.3 million by diversifying from emergency response services to well intervention services.
Well intervention services now comprise the majority of the revenue they generate.
On April 9, 2010, it was announced that Halliburton would acquire Boots and Coots for $3 per share, valuing the deal at approximately $240 million.
On April 12, Robbins Umeda LLC reported it has launched an investigation into "possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Boots & Coots, Inc." with regard to the deal.
Ramirez also said the Venezuelan government will continue to select partners for development of the Orinoco belt based on two approaches: public tenders and intergovernmental accords as in the case of Russian, Chinese, Belorussian, and Cuban oil firms
The IEA predicts that world oil reserves will peak around 2030 while world demand for oil will grow by 41 percent, with US energy guru Jeremy Rifkin predicting "trouble like we have never seen before in human history" as world powers scramble for resources in the Middle East and the Arctic Circle
“As officials in Moscow and Havana work to expand energy production just miles from the Florida Keys, vast amounts of American energy resources, both onshore and offshore, remain padlocked by the federal government,”
Originally posted by Soular System
reply to post by SpartanKingLeonidas
Superb thread SKL. Your OP is an eloquent example of the power of words.
My words are, everthing went "up in smoke" on 4/20.
The movie knowing: What does 981 mean? Does anyone have a freemason codebook?
BP were a person it would be a career criminal, a pathological liar and an international serial killer with a rap sheet several times the size of the Chicago Yellow Pages.
The third largest oil company in the world, BP was born in 1909 as the Anglo-Persian Oil Company, and was partly owned by the British government. Its headquarters offices are in the UK.. So if it were a flesh and blood person, far and away the wealthiest person on earth, and a British subject.
Assuming that our imaginary human BP got into the oil business at the youthful age of say, 20, and stayed at it for just over a century, BP the human being would be closing in on his 121st birthday. Damned few of us will see triple digits, and none of us that reach even our 60s and 70s retain the level of energy, or often of interest that we possessed only a couple decades before. A normal 120 year old human will have more than a few ailments and bodily systems on the brink of failure. But not our human BP. If BP were a person, it would be immensely, almost inconceivably wealthy AND perhaps immortal.
In the 1930s, the Anglo-Persian Oil Company became the Ango-Iranian Oil Company. In the 1970s it swallowed Standard Oil of Ohio, in the 1980s it merged with Amoco, formerly Standard Oil of Indiana, and in the 21st century it bought Arco and other oil companies. Along the way, BP has utilized all these and other brands, like Conoco, at its convenience. Most recently, BO the corporation has rebranded itself, declaing that BP now stood for "Beyond Petroleum."
Among flesh and blood humans, there are no precise analogs to what corporations do when they buy and sell each other. The acts of matrimony and cannibalism perhaps comes closest, with consenting or non-consenting spouses and/or victims, along with assumption of the spouse and/or victim's assets. Among humans, marriage is a reason to change one's name too. Another reason to change one's name is simply to escape one's old record and reputation. Among humans, that's called assuming an alias. So our immortal, immensely wealthy human BP may have been married several times, perhaps several times at once, could be a cannibal, albeit with sometimes willing victims, and operates under several aliases.
You don't have to look too long and hard to understand why a flesh and blood BP would need aliases. The objective of the Anglo-Persian Oil Company was to monopolize the rich oil resources of what is now Iran. Among the many illegal acts it committed toward that end was a £5,000 bribe to future British PM Winston Churchill back in 1923 to lobby for its interests A secular nationalist and democratically elected Iranian government kicked BP out in the early 1950s. BP turned its lobbying to Washington DC, and in 1953, helped persuade the U.S. to overthrow the Democratic Iranian government and installed its puppet, the Shah, popularly known as the Crowned Cannibal. The Shah, in the course of killing millions and stealing billions, invited BP back, and it stayed until 1979, when the Shah was overthrown.
In a century of doing business, BP has been implicated in bribery of public officials, grand theft, fomenting unjust wars, of murder, torture, plunder, environmental destruction, and money laundering in and between scores of countries on every continent except Antarctica. If BP were a person it would be a career criminal, a pathological liar and an international serial killer with a rap sheet several times the size of the Chicago Yellow Pages.
Source: (Very good site-visit it often to learn & grow) www.sott.net...
The BP oil spill in the Gulf of Mexico is far different than the Exxon Valdez spill in Alaska. The complex marine environment has currents and eddies that could carry the oil anywhere in the Gulf.
Oil boom stretches along empty beaches, tar balls have washed ashore along the Alabama and Mississippi coasts, and a swirling, oily sheen covers at least 2,500 square miles of the sea surface in the Gulf of Mexico.
So far, currents, winds, and a plume of fresh water flowing into the Gulf from the Mississippi River have acted in concert to hold at bay the oil spewing from a damaged well head 5,000 feet below the sea surface some 40 miles off the Louisiana coast.
In anticipation of the oil's arrival, some 13,000 people stand ready to combat the spill if it approaches shore, according to the Obama administration. More than a million feet of boom has been deployed. More than half a million gallons of dispersants has been applied.
For anyone using the Exxon Valdez spill in Alaska's Prince William Sound as a visual reference point, it might look as though the Gulf spill so far is a dodged bullet.
But the differences between the two events are significant, cautions Michelle Wood, a marine biologist who recently became head of the ocean chemistry division of the National Oceanic and Atmospheric Administration's Atlantic and Oceanographic and Meteorological Laboratory in Miami. Not the least of those differences is the seascape into which the oil is flowing.
Gulf spill unlike Exxon Valdez
The Exxon Valdez spill involved a large, single, intense pulse of oil into Prince William Sound - "a shallow, near-shore environment with a rocky coast," she explains. The heavy crude had lots to cling to as it came ashore. In the Gulf, "spill" is a so-far continuous infusion of a lighter grade oil, which at least initially forms a foamy mousse rather than tarry blobs. And so far, the oil has remained far at sea.
The apparent gap between preparations for the oil's arrival along the Gulf Coast and its behavior so far testify to the complex marine environment the oil enters as it spews from the broken well head, researchers say.
The system is chaotic enough that given enough time, say 90 days, oil in some form could wind up anywhere from the Mexican Coast to Palm Beach, research suggests.
"We call it a mini ocean," says Steven DiMarco, an oceanographer at Texas A&M University in College Station, Texas. "Many of the processes that occur in the Gulf of Mexico occur in the much larger basins like the Atlantic and the Pacific."
Atlantic 'conveyer belt'
The main oceanic feature is the so-called loop current, essentially the Gulf's section of a much longer current that forms the Atlantic Ocean's so-called conveyor belt.
The belt, which drives warm tropical waters north toward Greenland, where it sinks and cools, begins in the equatorial Atlantic off Brazil. The current snakes into the Caribbean and then north between Cuba and Mexico's Yucatan Peninsula.
The volume of water moving through the Yucatan Straight is so enormous and travels with such speed - essentially at the pace of a brisk walk - that it forms a loop that meanders north of Cuba, then makes a U-turn southward toward the island before heading out through the Florida Straights to form the Gulf Stream.
Below about 1,000 meters (3281 feet), however, the regime shifts.
Circulation runs counterclockwise as seawater spills over a sill spanning the Yucatan Straight. In a kind of watch-your-step plunge, water flows over the sill and into the deepest reaches of the Gulf. It travels east until it reaches the continental shelf off Florida's west coast. But the sill across the Florida Straight is far shallower, forcing the deep flow to ricochet back toward Texas and Mexico. At these depths, the current moves more than 100 times slower than surface currents.
The BP oil spill in the Gulf of Mexico is far different than the Exxon Valdez spill in Alaska. The complex marine environment has currents and eddies that could carry the oil anywhere in the Gulf.
As oil from the Deepwater Horizon blow-out rises, it would encounter swirling eddies that spin off these broader flows, distributing some of the oil horizontally, says Arthur Mariano, an oceanographer at the University of Miami's Rosenstiel School of Marine and Atmospheric Science on Miami's Key Biscayne.
Once it reaches the surface, currents and ever-shifting winds can carry the oil just about anywhere, adds Peter Niiler, a researcher at the Scripps Institution of Oceanography in La Jolla, Calif., who has conducted extensive studies of current patterns in the Gulf.
Source: www.sott.net...
Originally posted by IgnoranceIsntBlisss
Interesting thread. I don't have much to add, as I've yet to see much evidence suggesting ecoterrosism or whatever, but I can't get over the fact that it happened the day before Earth Day.
Quote from : Wikipedia : Deepwater Horizon Oil Spill : Atlantis Oil Field Safety Practices
The Deepwater Horizon disaster has given new impetus to an effort by Rep. Raúl M. Grijalva (D-AZ) and 18 fellow Democrats to pressure the Minerals Management Service to investigate safety practices on the BP offshore platform in the Atlantis Oil Field.
According to Common Dreams NewsCenter, a whistleblower report to MMS in March 2009 that was confirmed by an independent expert, said that "a BP database showed that over 85 percent of the Atlantis Project's Piping and Instrument drawings lacked final engineer-approval, and that the project should be immediately shut down until those documents could be accounted for and are independently verified."
According to Grijalva, "MMS and congressional staff have suggested that while the company by law must maintain 'as-built' documents, there is no requirement that such documents be complete or accurate."
BP and other oil industry groups wrote letters objecting to a proposed MMS rule last year that would have required stricter safety measures.
The MMS changed rules in April 2008 to exempt certain projects in the central Gulf region, allowing BP to operate in the Macondo Prospect without filing a "blowout" plan.
SIC
But there are those out there who would use the event to manipulate power in Washington D.C.
The timing of both the Venezuela and Gulf of Mexico oil rigs though is a strong indicator.
Something tells me, no matter if it was an accident, or an "accident", meaning sabotage, we're not only going to be paying for it environmentally but economically.