GAO: Recoverable Oil in Colorado, Utah, Wyoming ‘About Equal to Entire World’s Proven Oil Reserves’ …
The Green River Formation – an assemblage of over 1,000 feet of sedimentary rocks that lie beneath parts of Colorado, Utah, and Wyoming – contains the world’s largest deposits of oil shale. USGS estimates that the Green River Formation contains about 3 trillion barrels of oil. At the midpoint of this estimate, almost half of the 3 trillion barrels of oil would be recoverable. This is an amount about equal to the entire world’s proven oil reserves. – CNS (5/11/12)
About 6 months ago, the writer was watching a news program on oil and one of the Forbes brothers was the guest. The host said to Forbes, “I am going to ask you a direct question and I would like a direct answer; how much oil does the U.S. have in the ground?” Forbes did not miss a beat, he said, “More than all the Middle East put together.” – Media Matters (5/1/12)
Carbon Currency is not a new idea, but has deep roots in Technocracy … The principal scientist behind Technocracy was M. King Hubbert, a young geoscientist who would later (in 1948-1956) invent the now-famous Peak Oil Theory, also known as the Hubbert Peak Theory. Hubbert stated that the discovery of new energy reserves and their production would be outstripped by usage, thereby eventually causing economic and social havoc. – Voice of the Resistance (5/12/12)
British-based explorer Tullow Oil PLC says it’s discovered oil off the shore of Ivory Coast. The announcement Thursday comes a year and a half after the company began pumping crude from an offshore field in neighboring Ghana worth billions of dollars. Exploration Director Angus McCoss called the finding encouraging and said the company looks forward to future drilling. –Washington Post (6/7/12)
Peak Oil nonsense has been promoted for the past half-century in the mainstream media and even in parts of the alternative media. Now, a huge discovery (see above) may finally put this elite propaganda to rest.
There are varying interpretations of how recoverable the oil is, currently anyway, but the best possibility would be to open up the site to commercial exploitation and find out. (Since it’s apparently federal land, we won’t hold our collective breath.)
This huge discovery is only one of many. Of late, there have been significant finds both in the US and abroad – and offshore as well – even around the Ivory Coast (see above). Many of these finds are only lightly reported by the mainstream media that seems to determined to ensure that people continue to think the world is running out of oil.
Peak Oil and scarcity memes in general are used to control people. Marketed by the global elites, they are intended to frighten people into giving up power to the so-called new world order. Fortunately, thanks to the Internet, the whole “green” claptrap has gradually been exposed for what it is – propaganda designed to benefit the elites that seek world government.
The idea is to control people monetarily via central banking, militarily via the “war on terror” and in almost every other way via environmental propaganda. The thought is that if oil is accepted as scarce or its outputs such as “carbon” are accepted as poisonous, then people’s lives can be constrained and appropriately organized.
To the elites, every problem looks like a nail and every solution is an international one. No doubt Peak Oil’s founder M. King Hubbert shared this perspective. Hubbert was also the force behind “Technocracy” – the idea that scientists and intellectuals ought to lead society within areas of their expertise.
That Peak Oil should have been “discovered” by M. King Hubbert ought to raise red flags. Here’s a fellow who believed in top-down dictates of those “big brains” who knew best. This follows along the lines of the ancients including Plato who believed in the rule of philosopher kings.
This is Hubbert’s pedigree. He not only believed in rule by philosopher kings, he also created a crisis that would bring these kings to the fore. That crisis was to be Peak Oil (among others).
Whenever one of these articles is written, Peak Oilers gather like metaphorical flies to point out what Peak Oil actually means and what it doesn’t. So here’s a definition from Wikipedia:
Peak oil is the point in time when the maximum rate of petroleum extraction is reached, after which the rate of production is expected to enter terminal decline.
Peak Oil, within the context that Hubbert wanted it used, does NOT mean that the world is in danger of imminent scarcity only that no more oil can be extracted than is already being generated – that the world has reached peak production.
This is a fairly ridiculous perspective from an economic point of view. Legitimate economics shows us clearly that left alone human beings in the modern era will almost always find some alternative to whatever it is they are running out of. Only when people are prevented from doing so will they fail to generate what is necessary.
People, in fact, have a firm reluctance to sit at home starving in the dark. Thomas Malthus, who wrote in the 1700s and 1800s, found this out when he predicted that based on various indices, the British population would soon run out of food.
And yet … the British did not. Faced with the possibility of starving, the British did what normal, resourceful people do … they planted more foodstuffs!
In fact, as one of the Forbes brothers pointed out recently, the US itself is nowhere near running out of oil – or at least out of energy. Shale oil, oil and natural gas have all provided the Lower 48 and Canada with more energy than the Middle East.
Of course, since oil is made of “fossil fuels” it is an expendable resource. Not so fast.
In his video, “The Origin Of Oil,” Leroy Fletcher Prouty Jr., a Colonel with the United States Air Force, provides us the evolution of the phrase. Colonel Prouty, who is deceased, was a serious man who wrote two books, “The Secret Team” and “JFK: The CIA, Vietnam, and the Plot to Assassinate John F. Kennedy.” He was also consultant to Oliver Stone on the movie “JFK.”
What Prouty tells us was that “fossil fuel” was developed in the late 1800s by John D. Rockefeller’s top men to make sure people believed oil was scarce. They were provided their insights by a European conference in the late 1800s that showed “life” had a similar chemical composition to oil. Thus, they decided, oil had specific biological antecedents.
You see? Believe Prouty and even the nomenclature regarding oil is suspect. And there are even those – an increasing number – that believe oil is abiotic, the product of geological processes, which would explain why oil wells continue to fill back up.
Oil is made of hydrocarbons that have supposedly been found off-world as well, on a moon of Jupiter where no dinosaurs ever died (not a single one). And there are plenty of oil substitutes waiting in the wings should oil indeed prove scarce (not that it seems so). Cold fusion is just one of many such that seems increasingly feasible.
There is likely plenty of oil in the world … probably trillions and trillions of barrels, some of it offshore, some of it hidden away in places where various governments including the US government won’t let people drill.
So here is an alternative definition of so-called “black gold” ….
Oil: a commodity defined by subterfuge and falsely promoted by the elites as scarce via the opinions of an authoritarian scientist with a yen to run the world under technocratic philosopher kings.
You may believe in Peak Oil, but increasingly in this Internet era, it’s a stretch.