Tag Archive: Oil


Fossil Fuel – or is it?

Oil, not a fossil fuel

A study was recently published in Science Magazine that presented new evidence supporting the abiotic theory for the origin of oil, which asserts oil is a natural product the Earth generates constantly rather than a “fossil fuel” derived from decaying ancient forests and dead dinosaurs. If you don’t read Science Magazine then you would not have known this. The oil barons of the world don’t want you to know their pricing it like it’s going to run out by 2020.
The report goes on to say that oil is created within the mantle of the earth then seeps up through bedrock to deposit in sedimentary rock, where it can be retrieved. Another source attributes the percolation of oil toward the surface from the rotation of the earth.

The White Tiger oil field off the coast of Vietnam is roughly 3 miles deep, 2.5 miles which is fractured granite basement. The “fossil fuel” theory can’t explain discovering oil at these depths in granite rock. The Russians have teamed with Vietnam to make this discovery. It appears the Russians are well aware that oil is abiotic in nature.

According to the Energy Information Administration of the U.S. Department of Energy worldwide oil production in 1980 was 645 billion barrels. That certainly is a lot of oil being pumped out of the earth, wouldn’t you think at that rate oil would have been depleted in a relatively short time? No, by 2005 worldwide production was at 1.28 trillion barrels.

Even with the increase of oil production the cost of energy keeps increasing due to the fact that we aren’t refining any more than in 1976. The last refinery built in the U.S. was 1976. Build more refineries and we could produce more gas and consequently the price would decrease. But the powers that be wouldn’t have such a thing; profits at all cost must be maintained. So even though there is more than enough oil don’t expect price per barrel to go down anytime soon.

Petro Dollar

In the early 70’s President Nixon and Kissinger made a deal with Saudi Arabia, after Nixon took the U.S. off the gold standard, to use only USD to purchase oil. From that monopoly on the all-important oil trade the US dollar slowly but surely became the reserve currency for global trades in most commodities and goods. Substantial demand for US dollars ensued, pushing the dollar’s value up beyond its true value. We know where that situation led – to an US government suffocating in debt while its citizens face stubbornly high unemployment (due in part to the high value of the dollar); a failed real estate market; record personal-debt burdens; a ballooned corrupt banking system; which is ready to pop and a swaying economy. In addition, countries stored their excess US dollars savings in US Treasuries, giving the US government a vast pool of credit from which to draw. Because of this oil price has to remain high to back the USD. Of course to do this oil has to be made to appear scarce. If oil prices drop the USD value drops, putting the U.S. in a perilous predicament. If oil prices drop to low this would be the nudge that would have the U.S. economy truly falling over the cliff and the end of our current system. Not that the whole fiat currency system won’t collapse in the near future anyway.

We have to ask ourself was the BP oil blowout caused purposely to maintain low drilling output which in turn would keep oil prices high? There are stories out there pointing to deep horizon being torpedoed. Personally I wouldn’t doubt anything the evil SOB’s do to keep themself in power and wealth.

vtfree2

Good source of information: Black Gold Stranglehold, the myth of scarcity and the politics of oil

PS: I want to know how the dinos and plants got 5-10 miles below the surface and how some of the earliest dinosaur’s died in tar (oil) pits.

Petrodollar done

I did this on the petrodollar awhile back but, never posted it. I decided to now after seeing the Reality Check video.

PETRODOLLOR PRIMER

Given that the US dollar is no longer based on the proportion of gold reserves, so what is it based on? Why is the US involved in conflicts all over the world? Why are we on the verge of attacking Iran for the suspicion of maybe, sort of, having a nuclear weapons program? Which, Iran is years away from perfecting. Even if they were enriching materials for that purpose they have the right. So, why would the US start WW III over WMD that don’t exist? The answer; the bankers and corporate elite have to protect their interest at any cost. Even snuffing the lives of men, women and children, destroying economies and invading sovereign countries is not too high in their eyes. There will be hell to pay when the US wars of aggression come home to roost.

Now let’s go back in time to August of 1971 when then President Nixon proclaimed: “I have directed the Secretary of the Treasury to take the action necessary to defend the dollar against the speculators. I have directed Secretary Connolly to suspend temporarily the convertibility of the dollar into gold or other reserve assets, except in amounts and conditions determined to be in the interest of monetary stability and in the best interest of United States.” Before Nixon’s statement it was clear to the world and notably France that the US was printing more Vietnam War dollars than gold reserves would allow. Given this fact, nations began demanding payment in gold for their dollars per the Bretton Woods agreement of 1944. For the nations that delegated their gold to the US, this was absolute pilfering for self-interests. In one foul swoop dollars where transformed into fiat currency giving the Federal Reserve ability to print worthless dollars out of thin air devaluing each with every new one printed. This system would be fine as derived by Sec. of State Henry Kissinger, except when demand for dollars fall.

Reality Check

watch?v=K9VLp0FcJ6I

To make sure there was a demand for US dollars Kissinger and Nixon convinced King Faisal of Saudi Arabia that the US would protect Saudi Arabian oilfields from any and all invaders. Of course the US wanted something in return. Saudi Arabia and by annex OPEC, agreed to sell their oil in US dollars only. Every country that wanted to by oil from OPEC first had to exchange their money into worthless US dollars first, at a loss most of the time. Participating nations as part of the deal also had to invest profits in US treasuries and bonds. How sweet it was for the US corporations and the elitist bankers. The US economy grew by leaps and bounds. The printing presses rolled as nations exported their goods for fiat dollars, buying oil in return. The scam was grand. The Military Industrial Complex grew like an out of control wildfire with the never ending influx of green paper. No country could compete against the might of the US military, not even the great Soviet Union in 1991. If you didn’t want to play the game, then you were forced. Oh, the scam got even grander, the only and biggest super power was created. There would be Pax Per Poten (peace through power).  The Petrodollar was born.

The same year the Soviet Union collapsed the US invaded Iraq. Destroying their developing country and crippling their military. Imposing harsh sanctions, which starved innocent children and their families. Zionist pig Madeline Albright thought it was worth it http://www.youtube.com/watch?v=FbIX1CP9qr4. In 2000 Iraq starting trading oil in euros causing the bankers to go into panic mode, they would not get away with that. Shortly after came the USrael false flag attack on the New York World Trade Center. The dreamed up threat of WMD in Iraq gave reason to invade the country and abruptly convert oil trade back into US petrodollars. But that is not the only country wanting to move away from the petrodollar. Egypt, Libya, Syria and others are looking to get out of the scam. Russia and China have started and want to trade more with their own currency. The list will grow as other countries wakeup to the largest scam in history. The petrodollar and its military might will fight tooth and nail to the end. The list of countries to convert and dominate is presently being aligned as the threat to petrodollars increase. Wesley Clark is an insider but, you get the picture here. http://www.youtube.com/watch?v=brckLyM1_FE .

Any country trying to get out of the petrodollar monopoly will be invaded and controlled and the list is growing. But, now the Fed Reserve banksters are losing their footing on a slippery rock and are about to fall into the water and drown. Their arms are flailing, lungs gasping for breath and legs getting tired. Unlimited QE3 will be the concrete slippers. The US economy will be pulled under along with the petrodollar.  Now ask yourself, how do we have a national debt if the worthless currency isn’t even real? Do they really care about you? No!

Another sign that planet earth will not be controlled by an invading military nation. The dollar continues to tumbles further down the bottomless pit of no return. Of course this will really piss off israel, making them more pressed to have American men & women go die for their control of the region. 

India to Pay Gold instead of Dollars for Iranian Oil

India to pay gold instead of dollars for Iranian oil. Oil and gold markets stunned

DEBKAfile Exclusive Report January 23, 2012, 5:57 PM (GMT+02:00) Tags: India China sanctions Iranian oil European Union

Iranian oil for India
India is the first buyer of Iranian oil to agree to pay for its purchases in gold instead of the US dollar, DEBKAfile’s intelligence and Iranian sources report exclusively. Those sources expect China to follow suit. India and China take about one million barrels per day, or 40 percent of Iran’s total exports of 2.5 million bpd. Both are superpowers in terms of gold assets.

By trading in gold, New Delhi and Beijing enable Tehran to bypass the upcoming freeze on its central bank’s assets and the oil embargo which the European Union’s foreign ministers agreed to impose Monday, Jan. 23. The EU currently buys around 20 percent of Iran’s oil exports.

The vast sums involved in these transactions are expected, furthermore, to boost the price of gold and depress the value of the dollar on world markets.

Iran’s second largest customer after China, India purchases around $12 billion a year’s worth of Iranian crude, or about 12 percent of its consumption. Delhi is to execute its transactions, according to our sources, through two state-owned banks: the Calcutta-based UCO Bank, whose board of directors is made up of Indian government and Reserve Bank of India representatives; and Halk Bankasi (Peoples Bank), Turkey’s seventh largest bank which is owned by the government.

An Indian delegation visited Tehran last week to discuss payment options in view of the new sanctions. The two sides were reported to have agreed that payment for the oil purchased would be partly in yen and partly in rupees. The switch to gold was kept dark.

India thus joins China in opting out of the US-led European sanctions against Iran’s international oil and financial business. Turkey announced publicly last week that it would not adhere to any sanctions against Iran’s nuclear program unless they were imposed by the United Nations Security Council.

The EU decision of Monday banned the signing of new oil contracts with Iran at once, while phasing out existing transactions by July 1, 2012, when the European embargo, like the measure enforced by the United States, becomes total. The European foreign ministers also approved a freeze on the assets of the Central Bank of Iran which handles all the country’s oil transactions.

However, the damage those sanctions cause the Iranian economy will be substantially cushioned by the oil deals to be channeled through Turkish and Indian state banks. China for its part has declared its opposition to sanctions against Iran.

DEBKAfile’s intelligence sources disclose that Tehran has set up alternative financial mechanisms with China and Russia for getting paid for its oil in currencies other than US dollars. Both Beijing and Moscow are keeping the workings of those mechanisms top secret.

http://www.debka.com/article/21673/

 

Friday, January 6th, 2012 | Posted by

Behind the Deepening Crisis with Iran: the Real Story Versus the Cover Story

 
Around a third of all oil shipped in tankers passes through the strait, and if this supply were disrupted it would out immense pressure on the rest of the world’s supplies.

by Mark H Gaffney

 

Recently, President Obama imposed new sanctions on Iran which according to reports have been very effective, causing a sudden major devaluation of Iran’s currency. The Iranians correctly understand that they are under attack, and have threatened to respond by closing the strait of Hormuz, through which a large percentage of oil from the Mideast flows to the global economy. If the crisis deepens and Iran makes good on its threat to close Hormuz, there is little doubt that the US will intervene to reopen the strait. This will lead to a shooting war for which Iran will be blamed, even though the recent US sanctions were tantamount to overt aggression.

Ed Note: George Galloway vs. the warmonger parrot who is very similar to US Republican right wing zealots including Presidential contenders:

I believe the US will exploit the situation to attack Iran’s nuclear facilities. But, even more importantly, the US will target Iran’s conventional missiles. Indeed, I believe this is the real reason for US sanctions in the first place, and for the buildup of tensions in recent days. Despite public perceptions, and all the rhetoric about nukes, the present crisis has nothing to do with Iran’s alleged nuclear weapons program. In my opinion, that is just a cover story. 

The real issue is the fact that Iran has upgraded its medium range conventionally-armed missiles with GPS technology, making its missiles much more accurate. This means Iran can now target Israel’s own nuclear, bio and chemical weapons stockpiles, located inside Israel, as well as the Dimona nuclear reactor. 

In short, Iran has achieved a conventional deterrent to Israel. Therefore, statements by Iranian officials that Iran has no nuclear weapons program are in my view probably correct. Presently, Iran does not need nukes to deter Israel. It can do so with its GPS-guided medium range missiles. The Israelis are no doubt gnashing their teeth over this, because they now find themselves threatened by their own WMD stockpiles, and by their own nuclear reactors, especially Dimona, all of which have become targets.

A few direct hits by Iran could cause a toxic plume, killing thousands of Israelis. A worst case might signal the end of the Jewish state.

It is important to realize that Iran would never launch a pre-emptive strike on Israel because the Iranians know that the US/Israeli response would be devastating. However, if Iran comes clickunder attack first, all bets are off. Iran will defend itself. A counter attack on Israel cannot be ruled out because Iranian leaders understand clearly (even if the American people do not) that the crisis has been manufactured, on Israel’s behalf.

From the Israeli standpoint, the present Iranian deterrent (though conventional) is simply unacceptable. Israel’s military strategists have always insisted on total freedom of movement. This is why Israel refused a US offer many years ago to sign a defense pact with the US. Such a treaty would have limited Israel’s freedom of movement, and this was unacceptable. Israel’s leaders preferred to remain independent. Israel has always insisted on the “freedom” to intimidate its neighbors, whenever and howsoever it chooses. Iran’s conventional missiles now curtail that “freedom.” Israeli officials probably worry, for example, that Iran’s conventional missiles would limit its freedom to attack Hezbollah in Lebanon, in a future conflict. Hezbollah is closely allied with Tehran.

I believe the present crisis has been manufactured to create the pretext for a US air campaign to take out Iran’s conventional missile sites. The US will also target Iran’s nuclear facilities, but the primary target will be Iran’s conventional missiles. The US will be doing Israel’s bidding. The Zionist tail will be wagging the servile US dog.

Obviously, you can’t generate public support for such a bombing campaign, on Israel’s behalf. Hence the cover story about nukes and the alleged Iranian threat to wipe Israel off the map, all of which is untrue but very effective propaganda nonetheless.

The problem for the US is that depriving Iran of its conventional deterrent will not be easy to accomplish. Indeed, it will be even more difficult than taking out all of Iran’s nuclear facilities. Iran’s conventional missiles are probably dispersed widely. If they come under attack, the purpose of the air campaign will be transparently obvious to the Iranian leadership. Faced with the prospect of losing their deterrent, the Mullahs may well decide to fire their conventional missiles. If they do and manage some direct hits on Israel’s nuclear-bio-and chemical weapons stockpiles, the ensuing disaster will prompt an Israeli response. Israel may even resort to the Samson Option, and attack Iran with nukes. Words cannot describe the horrific scale of such an outcome. Unfortunately, it is all too possible.

Early in the war, US naval forces in the Gulf will also come under attack. No mistake, Iran has enough anti-ship cruise missiles to pose a grave threat to the US naval presence in the Gulf. Thousands of US sailors are now in harm’s way, and at risk.

We must rally to prevent such a war. Peace activists must now marshal every asset for peace that we possess. The American people need to know the truth. This is a phony crisis. Yet the danger is very real. Now is the time to speak out with all of our strength. Tomorrow could come too late.


Mark H. Gaffney is an environmentalist, peace activist, researcher, and the author of The First Tree of the Day; Gnostic Secrets of the Naassenes and Dimona, the Third Temple? His articles and essays have appeared in numerous journals, magazines, and newspapers. He lives in Chiloquin, Oregon.

I find this an interesting article in that it explains how powerful the oil barons are. They have suppressed alternative energy sources for decades so they can fill their greedy pockets with currency by making you pay for expensive energy.

A stunning report written by the late Eugene Mallove details the efforts of professors, researchers, and even the former President of MIT to squash cold fusion at all costs. If you have any doubt that Pons and Fleischmann had enemies desperately trying to discredit them, this article will erase it!

A funeral party or wake to mock cold fusion was held by biased hot fusion scientists at MIT before their experiment to replicate Pons and Fleischmann’s results was even complete!

The History of MIT’s Blatant Suppression of Cold Fusion

By Hank Mills with Sterling D. Allan
Pure Energy Systems News

Due to the fact that commercially-ready cold fusion technologies like Andrea Rossi’s E-Cat (Energy Catalyzer) exist and can produce kilowatts of power, I’m not too interested in previous systems from years ago that could only produce a couple watts of power (or less).

However, I am very interested in the events that took place immediately after the birth of Cold Fusion in 1989, when Pons and Fleischmann announced the existence of their technology to the world.

Although cold fusion systems at the time were not ready for the market place, they proved the effect was real — a fact the establishment could not allow the public to accept.

Immediately after the announcement was made, the “mainstream” scientific community went on the attack. The late Eugene Mallove was in the middle of it, being employed at MIT in the news office — before resigning in protest of the institution’s misconduct.

In a featured article for Infinite Energy Magazine, Mallove detailed exactly what took place that led to his resignation, and the depth of hatred that many professors at MIT had for Pons and Fleischmann’s work.

The article titled, “MIT and Cold Fusion: A Special Report” also looks at how the replication performed by the institution’s Plasma Fusion Center actually did produce positive results, how data from the experiment was altered by unknown individuals at least twice, and how the hot fusion scientists in charge of such tests were far too biased to conduct proper research.


The article
 is the most detailed piece of documentation I have ever seen in regards to the early years of the war against cold fusion. If you think the suppression Pons and Fleischmann faced was bad, you don’t have a clue until you have read this article.

The Replication Attempt

 

To start with, those in charge of the replication attempt were members of the MIT Plasma Fusion Center. Their work with hot fusion Tokamak brought the university many millions of dollars in funding from the government, and maintained their job security. If cold fusion were to be accepted as a real phenomenon, it could have made hot fusion research appear to be near worthless.

The question in the minds of representatives in Washington, DC would have been, “Why should the taxpayers finance the construction of giant reactors to experiment with hot fusion reactions that produce nuclear waste and lethal amounts of radioactivity, when cold fusion research only requires a small fraction of the funding, while producing no waste and little radioactivity?”

In the minds of the MIT professors, such as MIT Plasma Fusion Center Director Ronald R. Parker, that question could never be allowed to cross the minds of those that paid for their employment.

So in an effort to belittle cold fusion research so no one would take it serious, the members of his department (including some scientists from others) took every opportunity they could to attack Pons and Fleischmann. For example, consider how….

A funeral party or “Wake for Cold Fusion” was held by the Plasma Fusion Center, before their replication test of Pons and Fleischmann’s setup was even complete. They held another such party afterwards.
 
Mugs belittling cold fusion were given out by Ron Parker, the head of the MIT hot fusion research group, who was supposed to be doing serious research to determine if cold fusion was a reality or not. The mugs read, “The Utah University: Department of Fusion Confusion” and had mocking instructions for cold fusion on the back.
 
 
 

Ron Parker would use the test results to discredit cold fusion, while at a celebration of the death of cold fusion stated to Eugene Mallove (after being shown evidence in support for cold fusion) stated that the data from the MIT replication was “worthless.”

How examination of the data from MIT’s replication showed obvious evidence of tampering.

In fact, the corrected data showed excess heat. Yet it was still used to discredit cold fusion research for many years.

How the former President of MIT, Charles Vest, refused to order an investigation into how the Plasma Fusion Center handled the replication, and their obviously unscientific behavior — such as partying for the death of something instead of doing unbiased research.

Even worse, years later he signed onto a Department of Energy report stating that cold fusion did not deserve funding for research, yet hot fusion deserved millions of additional dollars and was a “bargain.”

Conflicts of Interest

 

Conflicts of interest were ignored from the very start. For example, those who had the strongest need for cold fusion to be proven not to work (hot fusion scientists), were tasked with the replication of the effect.

It would be like giving a cigarette company the order to conduct a study on the reality of lung cancer, or the lumber industry the job of determining the usefulness of industrial hemp.

What the hot fusion scientists were going to say was obvious!

How some scientists were so closed minded they stated that if cold fusion was real, Pons and Fleischmann should be dead from radiation poisoning.
 
 
In addition, some scientists went so far as to personally attack them. In one case, a scientist stated that even if a thousand tests showed excess heat, that the results would not vindicate Pons and Fleischmann.
 
 
 

 

“Words to Eat”

 

MIT Professor Ronald George Ballinger may hold the all time record for making a foolish statement against cold fusion.

He wrote in 1991: “It would not matter to me if a thousand other investigations were to subsequently perform experiments that see excess heat. These results may all be correct, but it would be an insult to these investigators to connect them with Pons and Fleischmann.”

Perhaps one of the most interesting aspects of the article is how Ronald R. Parker and Ronald G. Ballinger had a phone call with Nick Tate of the Boston Heraldin 1989. They were talking to him about a potential story about cold fusion, hoping that he would write a hit piece.

In their conversation, which is transcribed in the article, Parker uses the fraud word in his description of their work. He also talks about how he is setting up another “blast” against cold fusion with Bob Bazell, a reporter with NBC.

When Tate reported in the Boston Herald on May 1 that the MIT scientists had called Pons and Fleishmann’s work a “possible fraud” and “scientific schlock”, Pons and Fleishmann were viciously attacked at the meeting of the American Physical Society.

In a retrospective piece written in 1991, Tate asserted that: “Some say those comments set the tone for the national criticism of the Utah work that followed.”

Meanwhile, when Tate’s article in the Boston Herald revealed that Parker had described Pons and Fleishmann’s work as being a “possible fraud” and “scientific schlock”, Parker rushed to deny he had made such statements. Probably, he realized that in his rush to discredit cold fusion he had crossed the line, and committed slander.

In order to avoid possible legal repercussions, in a media advisory from the MIT News Office, Parker specifically denied making such assertions to Tate during their telephone conversation. However, Tate had recorded the phone call, and therefore had rock solid evidence that Parker had made those statements.

Years later, Tate allowed Eugene Mallove to listen to the recording, which revealed the truth about what was said. It was too late, the damage to cold fusion’s reputation was done.

Where things stand

In summary, Mallove’s article paints a damning picture of MIT scientists and professors hell-bent on discrediting cold fusion. Out of desperation to protect hot fusion research, they went so far as to tell blatant lies, alter data, hurl personal insults, conduct celebrations of the “death” of cold fusion, and organize journalists to write hit pieces to try and dismiss Pons and Fleischmann’s work in the public eye.

Then the leadership of MIT turned away and ignored the misconduct and potentially criminal behavior, even when they were specifically alerted to it. Years later, these same individuals (working in other positions with the DOE and DOD) continued to promote the idea that cold fusion was “garbage.”

If you want to know the TRUTH about why it has taken twenty plus years for a commercial cold fusion technology to be developed, you should read this article. It is a tragedy beyond measure that an institution like MIT would allow such inappropriate behavior.

Everyone involved has blood on their hands from all the people on this planet that have died due to the suppression of this technology.

Literally, due to their suppression of cold fusion, children have needlessly starved, millions have suffered dehydration due to a lack of clean water, the environment has been trashed, and the global economy has been almost destroyed.

If the suppression of cold fusion by MIT had never happened, we might not even have an energy crisis today!

And this is but one of many such stories about the suppression saga from 1989.

The suppression from back then has had phenomenal staying power due to the brainwashing that pronounced “cold fusion” to be “junk science,” no matter what.

Ignored are thousands of replications worldwide, with several making significant gains toward marketplace viability, and the E-Cat actually reaching the marketplace on October 28 of this year with a 1 MW unit.

So now, when people attack Andrea Rossi’s E-Cat, it’s hard to tell whether they are acting as a function of that brainwashing, or as a present-day disinformation agent, or if they have honest misgivings of a scientific basis.

Gratefully, Rossi keeps moving forward despite these negative statements.

A few individuals in the mainstream are coming around and waking up to the reality of cold fusion, like NASA’s Dennis Bushnell who claims cold fusion is the number one most promising alternative energy technology on the planet.

However, to protect hot fusion research, protect the status quo, and to keep the public from realizing how the scientific community suppressed cold fusion, he calls the phenomena LENR (Low Energy Nuclear Reactions). In addition, he claims there is no fusion in cold fusion, in order to try and make the technology seem more mundane, and more acceptable.

There were enemies of mankind in 1989 that wanted to prevent the proliferation of cold fusion, and there are still such enemies today. Reading about how cold fusion research was attacked from the very start can help us prepare for attacks from these in the future.

We cannot let greedy, selfish, and power-hungry monsters and their countless minions suppress cold fusion for another twenty years or more. There are too many lives at risk. Simply put, the future of our civilization is at stake.

Hank Mills has contributed a large number of stories to Pure Energy Systems web site at PES.com.

Sterling D. Allan is the Founder and CEO of PES Network, Inc., and of the New Energy Congress.

http://pesn.com/2011/12/27/9601994_History_of_MITs_Blatant_Suppression_of_Cold_Fusion/

The Abiotic Oil Formation Theory

As always do your own research but, I have been searching and reading a lot of articles over the years on this subject. There is a huge debate over the theories of biotic and abiotic oil. Knowing how the government and big oil companies would have no regrets in outright lying to people for profit and power, I have a tendency to lean toward abiotic. The article below is just a primer for thought and discussion.

<a href=”http://www.green-planet-solar-energy.com/abiotic-oil.html”>The Abiotic Oil Formation Theory</a>