Oil Shortage Myth ( Archived) (9)

I have been doing some research on oil and oil shortages. I found this. Thought it was of interest. HL

Antony C. Sutton wrote in Energy: The Created Crisis:
"Our mythical energy shortage can be dismissed with a few statistics. The U.S. consumes about 71 quads (a 'quad' is one quadrillion BTU's, or 10 to the 15th power British Thermal Units) of energy per year. There is available now in the U.S., excluding solar sources and without oil and gas imports, about 151,000 quads. Consequently, we have sufficient energy resources to keep us functioning at our present rate of consumption for about 2,000 to 3,000 years -- without discovering new reserves. Even at higher consumption rates there will be no problem in the next millennium."

In 1977, independent petroleum companies discovered 88% of the new oil fields, drilling on 81% of those. They have been hampered by the large corporations, referred to earlier as the Seven Sisters, who wanted to avoid adding to our national supply so they can profit from the higher prices. Carter's Department of Energy was established to perpetuate the propaganda of the existence of an energy crisis.

In 1975, an anonymous ARCO official told Hugh M. Chance, a former State Senator from Colorado, that the Government had allowed only one pool of oil in a 100 square mile area on Alaska's North Slope to be developed, even though the entire area north of Brooks Range has so much oil, that if it were drilled, "in five years the United States could be totally energy free, and totally independent from the rest of the world as far as energy is concerned." The Prudhoe Bay oil field is one of the richest oil fields on earth, able to produce an oil flow for at least 20 years, without the need of a pump; and a natural gas supply which could supply the entire country for 200 years. However, the Government wouldn't allow it to be pumped out, and it is funneled back into the ground. The Gull Island field had a different chemical structure, as did the Kuparuk oil field, west of there, which meant that the three different chemical compositions indicated the existence of separate pools of oil on the North Slope in an area of 50,000 square miles. Needless to say, this seems to be an almost unlimited supply of domestic oil.

Another ARCO official told Lindsey Williams, a chaplain for the work camps on the Trans-Alaska Oil pipeline, that "there will never be an energy crisis (because) we have as much oil here as in all Saudi Arabia." Williams had witnessed a huge oil discovery at Gull Island (5 miles north of Prudhoe Bay in the Beaufort Sea) that could have produced so much oil, that the official said that another pipeline could be built "and in another year's time we can flood America with oil- Alaskan oil ... and we won't have to worry about the Arabs." However, a few days after the find, the Federal Government ordered the documents and technical reports locked up, the well capped, and the rig withdrawn. Their excuse was that an oil spill in that part of the Arctic Ocean would kill various micro-organisms. Williams felt that the U.S. Government was deliberately creating an oil crisis, and delaying the flow of oil, in order to bankrupt the oil companies, which would lead to the nationalization of oil and gas.


I have heard recently, that even more shells of oil have been discovered in the U.S. which would provide an endless supply.
What's up with this???

It because of this darn war.
The oil producing Countries and OPEC are trying to force us to stop this war... make us pay.

war ends,, the prices will start going down

Tom, I know there are many companies working on alternative energies. They have been for years. They continue to get shot down. All of the Politicians and people in high corporate places, have invested in oil. They are GREEDY and they want MORE. They could care less about us depending less on fossil fuels.

I am glad your company is working on improving solar energy systems. I would like to have a solar energy system here. It is in the future plans, if diesel would go down so I could make a little extra, lol.

I have been reading articles of how you can power cars on WATER! It cost only around $150 to convert.

The oil firms have the Power! I am reading a book now which explains it all. You should check it out. It's an online book. This article came from it.



Chapter 8.4 : The Seven Sisters
OPEC, the Seven Sisters, and control of the petroleum industry

Very Interesting to say the least! There are also chapters about the CFR, lol... my pet peeve this week.

Read the chapter in the previous post, Rick. It's not the war.

A car that runs on water? and what is left after?
I mean, Is it going to start destroying our water supply?

We also have water shortages in many areas, I can just see our water going up to $2 per gallon or more because of the demand, we wouldnt be able to afford to drink or bath

Go here :http://www.spiritofmaat.com/archive/feb2/carplans.htm

you can download the plans and diagrams FREE!