Subject: PEAK OIL, WILL YOU EVER MENTION IT

From: "Mark Berns" <arijah@pacbell.net>

We will not endorse anyONE who does not address all of our issues.
These include:

*   Peak Oil and Gas
*   US Government Complicity in 9/11
*   The Criminal Fabrication of Intelligence Justifying the Iraqi Invasion
*   More Than $3.3 Trillion in Taxpayer Money Stolen From the US Treasury
*   Repeal of the Patriot Act, Mandatory Vaccination Laws, and Protection of Civil Liberties
 

BART, I SUSPECT YOU'RE A MEMBER  of either the Council on Foreign
Relations , The Trilateral Commission, or the Bilderberger Group. FOR
YOU NEVER HAVE THE BALLS TO SUGGEST A OIL CRISIS. COME ON BART, GET
YOUR HEAD OUT OF THE  PARTIES ASS, AND SHOW SOME COURAGE, WHAT WILL
HAPPEN IF YOU MENTION PEAK OIL, YOU GONNA GET KICKED OUT OF THE CLUB?

I AM AMAZED BY YOUR SILENCE, I'VE TRIED TO TELL YOU AND NOW AFTER 2
YEARS YOU STILL PROTECT YOUR DEMOCRATIC PARTY LINE. AND I DONT TRUST
YOU UNTIL YOU MENTION PEAK OIL, SO READ

BEYOND BUSH II

 - Media Mesmerism and "The Grand Show"

- Wes Clark of Waco, Kosovo and Mena Drug Connections -- Dean Fades --
Kerry is the Sleeper - What is Dan Sheehan Doing to Dennis Kucinich?

- California Recall Shows "Democracy Terminated"

by Michael C. Ruppert
http://www.fromthewilderness.com/free/ww3/102003_beyond_bush_2.html

the destabilization and balkanization of Saudi Arabia with 25% of known
oil reserves remains near the top of the main agenda. All of that oil
lies in a very small area of land near the east coast of a country that
we already have surrounded. All "we" need do is convince the American
people of Saudi responsibilities for 9/11 in a way that will make
convenient intervention tasteful to a war-weary American public that
just doesn't get the concept of perpetual war. Then the US will help
the Saudi regime crack from the inside and threaten regional stability,
as the pretext for the seizure. In my opinion, the next president will
be the one who can convince the powers that be that he can pull off
that agenda, and sell it to the American people and the world.
 

The US economy staggers on the brink of meltdown, in debt and an anemic
dollar. The reality of Peak Oil and Gas has been acknowledged in a
number of mainstream publications including CNN, The Independent, and
Jane's Intelligence Summary. Recent stories have confirmed reports that
actual oil reserves may be 80% smaller than previously reported. The US
has experienced the first of many major power blackouts yet to come.
American military morale is plummeting as quickly as is its readiness
for additional (inevitable) conflicts. And the military situation in
Iraq and Afghanistan remains as dangerous, and uncertain, as Iraqi oil
remains undeliverable.
 

  Even as the US has gone hat-in-hand to the UN asking for help in Iraq
(and been rebuffed), it has made it clear that it intends to retain
absolute control of Iraqi resources. Europe and Russia will not play
that game. Oil in the ground is oil in the bank and, at least for the
moment, by tweaking supplies and conflicts around the world, the US can
maintain enough supply from other sources to keep the house of cards
from falling. Within three to five years, that may not be possible.

The race now is to stabilize Iraq in time to rebuild the
infrastructure, and bring its 11% of proven world reserves online. The
US majors won't invest there until it is safe. On October 11, The
Arabic News reported on a recent World Bank report stating that the
reconstruction of Iraqi infrastructure would require four years and
more than $50 billion (US).  This is another reason why the Bush junta
is in jeopardy. There are few left anywhere who believe that they have
the cachet to pull it off. The oil companies have lost confidence in
the oil men.

Had the US not invaded Iraq, however, French, Russian and German
companies would currently be working on billions of dollars of
contracts to refurbish the oil infrastructure, thus increasing the
amount of Iraqi oil (priced in Euros rather than dollars) reaching
world markets by legal or extralegal means outside of UN sanctions.
Since the occupation, we have learned much about Iraqi oil being
smuggled through Syria, and by other means. As a result, Europe and
Russia would have been getting economically stronger and "marking
territory" for the day when oil for food sanctions were inevitably
lifted. Europe's economy is now sustained by the speed with which
Russia can sell its diminishing oil reserves - estimated at just under
60 billion barrels (Gb) - something that it appears eager to do. This
will inevitably force Britain into the EU at an accelerated pace,
especially if BP can't get any supplies out of Iraq. (Note: Russia's 60
Gb is enough to supply global needs for just under two years excluding
all other sources, and it is now being pumped faster than ever.
According to Reuters, on August 4, 2003 Russian exports had reached 8.5
million barrels per day.) Since Russia has long passed its production
peak, it is problematic as to whether these levels can be sustained for
more than ten years.
 

Frustrated that they cannot safely get to Iraqi oil, the American
majors are frantic to secure supplies from an ever-diminishing global
reservoir; hence the recent frantic expansion of drilling and
investment in West Africa. One of the biggest signs of the reality of
Peak Oil over the last two decades has been a continual pattern of
merger-acquisition-downsizing throughout the industry. Chevron bought
Texaco. Exxon bought Mobil. TotalFinaElf bought Arco. Now, one of the
largest oil buyouts in history has been announced in Russia as Mikhail
Khodorkovsky's Yukos has just acquired Sibneft creating the fourth
largest oil company in the world. This, even as Chevron, Shell and
Exxon have been reportedly frantically trying to acquire a 40% stake in
YukosSibneft. As of this writing, Exxon appears to have emerged the
winner as the Russian government announced on October 7th that it found
no reason to block Exxon's purchase. The game of musical chairs has
begun.

An announcement in Reuters on October 8th that Russia may soon price
its oil in Euros explains the additional incentive for American
companies to own a piece of the Russian pie. Such a move would
drastically weaken the dollar. And while US taxpayers would suffer
under a staggering debt burden as a result, Exxon would reap major new
profits as the Euro surged in value; further proof that corporations,
not nations, rule the world.


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