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    Oil Is NOT A Fossil Fuel - It Is Abiotic

    Oil Is NOT A Fossil Fuel - It Is Abiotic
    By Jerry Mazza
    Online Journal Contributing Writer

    It seems so easy to believe this idea. Oil contributes greatly to polluting the environment. The industrial age has intensified its use greatly. The more we use, the more we lose fresh air, even the ozone. And therefore it seems almost divine justice that we are about to exhaust this so-called "fossil fuel" within several decades and two hundred years, this cursed blessed hydrocarbon which took millions of years to produce. And, therefore, it almost seems we get what we deserve: a petro-powered society in which once the oil supposedly runs out we will suffer mass annihilations of population, famine, war, total deceleration, a withdrawal into the caves. And, therefore, we should have our prophet From the Wilderness.com, Michael Ruppert, predict this on an ongoing basis. And his biblical tome, Crossing the Rubicon shall subhead the big idea: The Decline of the American Empire at the End of the Age of Oil. Well, no, not so, kimosabe, not by a long shot. To begin with, oil is not a fossil fuel. This is a theory put forth by 18th century scientists. Within 50 years, Germany and France's scientists had attacked the theory of petroleum's biological roots. In fact, oil is abiotic, not the product of long decayed biological matter. And oil, for better or for worse, is not a non-renewable resource. It, like coal, and natural gas, replenishes from sources within the mantle of earth. This is the real and true science of oil. Read all about it. In fact, working in the 1950s, Russian and Ukrainian scientists, cut off from the Western World's oil supply, applied their keen minds to the problem and, by the 1960s, had thoroughly demolished the idea of oil as a 'fossil fuel,' Is it any wonder then that Russia is one of if not the leading producers and exporters of oil. The isolation of the Cold War forced Russia to dig deeper, literally, to find oil deeper in the earth in some places, and to look in other places where no one had thought to look to reveal more. This while America feels incumbent upon itself, since it claims oil production and discovery has peaked and will fade to nothing in several decades, that America's feels it must make war to take other people's oil: Afghanistan, Iraq, Iran, the Caspian Basin, Sudan, etcetera. And to others who have oil, it must either rattle its saber, as with Venezuela, threaten to kill its president who will not buckle and sell all his oil to America. And with the Saudis we will protect them from their own terrorists and any Saddam that comes along. And we will get in bed with them so long as we can have the lion's share of their oil, and the say-so as to who gets the rest. And therein lays the evil genius, secret and sham of the 'Peak Oil' put on. If oil, as coal, and natural gas, restores itself by nature, if we will more likely run into it then out of it, how do we continue to make money on it? Certainly not by giving oil away at some reasonable price. After World War II, oil was about 25 cents a gallon at the pump. Even given the spiraling inflation since then-last week I paid $3.50 a gallon for it in New York City, 14 times that price. A week after the summer holiday season ended (the peak usage season), oil is down to $3 a gallon. I doubt if I'm the only one who notices oil's price shoot up every summer, then slither down a bit after, and then climb up in the middle of the winter when the heating bills waft in, and old and poor people who can't afford the hikes begin to freeze and die in their own homes. Someone is shilling for the American petro-brokers, because 'Peak Oil' is a wonderful concept to use to go out and war for "the control" of oil resources. So that a barrel of crude can suddenly jump from $20 to $70 to $100 a barrel, or to two, three or four hundred dollars a barrel, therefore providing exponentially expanding profits for oil companies and oil suppliers who relish the idea of having an "inelastic demand" for their gasoline. 'Peak Oil,' as writer Dave McGowan points out in his priceless Newsletters, which you can find at Educate-Yourself.org, 'Peak Oil' will even drive oil companies like Shell, to attempt to shut down an incredibly profitable facility, like the one it owns in Bakersfield, California,. This Bakersfield facility, like others in California, runs along the San Andreas fault line, which abounds along its route through the state with rich crude oil and natural gas fields, products of seepage from the earth's mantle, from the tectonic plates, as Dave would say, 'passing gas' and rumbling as they move. In fact, oil and the family of hydrocarbons are often found at volcanoes and fault lines, as they are in deserts, watery gulfs, and sea basins. Let's demystify it all. The real reason a company like Shell Oil would close a facility like Bakersfield-to bulldoze it, stop it-is to halt the production, refining, and supply to drive up the price of oil. It's that goddamn simple and ugly. And we're doing the same thing today in Iraq, bulldozing a country, to control and reduce its oil supply. Never mind supplying a botched democracy that we can't even supply for ourselves in America. Concurrently, we are also bringing apocalypse to its population, thinning it with more than 100,000 dead, tearing its infrastructure apart, water, sewage, power, media, hospitals, name it. We are decentralizing Iraq's cities, driving people out of them or out of the country, or bombing them back to the Stone Age as our generals are so found of saying. And Iraq, like Afghanistan, is the paradigm of the future, of how we will engulf and devour countries, cities, even our own, like New Orleans for instance, whose Gulf is a rich source of oil, and through whose ports pass a large percentage of our nation's supply. The U.S. political henchmen are thinning the Iraq population to fatten the profits of the oil barons like David Rockefeller. In McGowan's own inimical words, from page three of another Newsletter: THE ROCKEFELLER CORPORATE OIL MAJORS should be thrown into jail for selling fraudulently priced items as well as cheating on generations of their corporate taxes (due to tax write off 'depletion allowances,' which they knew were lies. This abiotic oil story is perhaps the largest underground ((no pun intended)) scam story of the past 200 years: an ongoing corporate success of pricing abiotic renewable oil to act out an artificial scarcity, combined with all the related ideologies required to sell that motif of artificial scarcity, and all the millions they have made and still make on the fraud, and all the tax dollars they have, stolen, etc." In this concept of 'Peak Oil' you have the system's secret to hold the world hostage. Not that we shouldn't take care to not overuse oil, not that we should avoid conservation, or even to stop poking the planet, and actually seek purely organic ways in which to live. But now, now that we are here, and have billions of people to sustain, we must not let vast numbers of them be harmed, murdered, abused, because of feigned shortages, economies overturned by outrageous prices, everyday working people be bankrupted by same, to get to work, to warm their homes, to cook their families' food, to participate in an organized society. We must not make the beasts, the Bilderbergers, the elites, the oligarchs use the 'Peak Oil' lever to bend the backs of the world on its wrack. Believing in 'Peak Oil' is not a price to pay to avoid the price of drilling for oil in new ways, for setting fair and unwavering commodity prices. The cost of blood and lives and the future of nations are too much to pay for the folly of 'Peak Oil.' In fact, realizing that oil is a self-renewing resource puts the neocon agenda into a new perspective. Instead of seeing 'Peak Oil' as the end days of technological civilization literally losing its power, see this idea as the further manipulation towards fascist power and subjugation that it is: still another way to scare the world into believing its resources are terminally finite, and that we must be led into another and another war that must be waged to survive. If we do not accept the lie, the manipulation of 'Peak Oil," it is not to say we can't devise new systems to bring life and the world forward. It is only to put the petroleum barons on notice. It then gives us a chance to bring people together, to tear away the false scarcity, to share resources, to experience peace, to alleviate poverty with the abundance of renewable hydrocarbon resources, as with the abundance of the human imagination. Or else we end up with another Ruppert rubric, Sizing Up the Competition - Is China the Endgame?, another piece of priceless paranoia to peddle for perdition, another dark ops for a bright new generation of believers. More war, endless war it is, to enrich the already rich, to impoverish the already poor. Do not let this happen, even in the short run. As reported by the Energy Information Administration, International Energy Agency, files: "THERE IS NO SHORTAGE OF OIL." "Before hurricane Katrina reached the shores of the Gulf of Mexico, most oil companies had taken the precautionary measure of evacuating their 30,000 offshore employees and shuttering their platforms and oil rigs. Therefore, it was not a surprise that on Aug. 30, some 95% of the Gulf's production of 1.5 million barrels of oil per day was 'shut.' By Sept. 6, that figure had dropped to 58%, with close to half of the oil production capacity having been restored. "On Sept. 2, the 26-nation International Energy Agency agreed to make Available to the U.S., 2 million barrels of oil per day, half petroleum and half gasoline. In other words, when the gasoline shipments start arriving from Europe in the next week or so, along with the 1 million barrels per day from the U.S. Strategic Petroleum Reserve, which are being released under IEA guidelines, the U.S. will be swimming in oil." And then there's this from the LaRouche Executive Intelligence Report News Service: "When Sen. Byron Dorgan (ND-N.D.) introduced his Windfall Profits Act on Sept. 7, he estimated that the major oil companies were stealing $7 billion more per month in profits than they had been 18 months ago. There is no shortage of oil." Again from EIRNS: "THE HOUSE OF WINDSOR-PIVOTED OIL CARTEL IS POISED TO CARRY ON ITS GLOBAL LOOTING OPERATION BY PUSHING THE PRICE OF OIL ON THROUGH $70 PER BARREL. Key to this is that the oil cartel controls all the critical facets of the industry, as a single integrated system: (1) in the U.S., the oil production system (aside from the imports); (2) the oil refinery network; (3) the oil distribution network; and (4) international, the oil derivatives market. It extracts a margin of $40 per barrel of petroleum in pure theft to try to bail out the bankrupt world financial-monetary system." From the Observer, 9/11/05: THE OBSERVER OFLONDON DESCRIBED KATRINA AS HALLIBURTON'S "PERFECT STORM." Halliburton stock has risen 10% since Katrina on expectation of "Iraq-style" contracts-no-bid, cost-plus bonanzas. The Observer notes that Rep. Henry Waxman (D-Calif.), who leads the fight against the massive corruption by Halliburtn and other Bush/Cheney cronies in Iraq, is 'keeping a very close eye' on the contracts now being put together for Katrina reconstruction. The Observer also notes that Joe Allbaugh, Bush's first FEMA chief and now a lobbyist in D.C., with Halliburton's KBR as a client, is known as the "Karl Rove" of contracting." And on and on it goes. And thanks to men of good will like Dave McGowan, Lyndon LaRouche, geologist Thomas J. Brown, and many others, for their knowledge, their courage, and their guiding light. Let us follow wherever it shines, far from the "Peak Oil' precipice to a level playing field for humanity. We have nothing to lose but our shortages. Jerry Mazza is a freelance writer residing in New York. Reach him at gvmaz@verizon.net. The views expressed herein are the writers' own and do not necessarily reflect those of Online Journal.Email editor@onlinejournal.com© 1998-2005 Online Journal. All rights reserved.

    You may not alter or remove any trademark, copyright or other notice from copies of the content.

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    The Abiotic theory of petroleum formation

    By herald - January 26, 2022
    366

    The most widely accepted theory for the origin of oil is that plants, animals, and marine organisms died and sank to the bottom of oceans, rivers, lakes, and swamps. Over millions of years more bodies joined the pile and were covered by mud and sand.

    As the deposits grew deeper, pressure and heat were created. Slowly, what used to be algae, plankton, or ferns turned into a waxy substance called kerogen.
    More heat, pressure, and a little chemical reaction and petroleum’s raw material was the result. Trapped under layers of rock, the petroleum forms reservoirs. By drilling through the rock into the underground oil-bearing layers, the black gold is released.
    This process, called biotic oil formation, continues today. However, the process is so slow that it has almost no impact on the oil reserves being depleted today.
    Abiotic Oil Formation Challenges Accepted Wisdom
    There is a competing, though not as popular, theory about the origin of oil. It’s called abiotic oil formation and would be great if it turned out to be true. The notion here is that oil is created geologically; that it is continuously generated by natural processes in the Earth’s magma. Abiotic enthusiasts suggest the process might produce as much oil as is currently extracted
    This theory about how oil is created was popular in the Soviet Union in the late Communist era but it was dismissed by most Western geologists.
    According to the Environmental Literacy Council in its article “Abiotic Theory”, which explains what the theory says, “Russian and Ukrainian geologists argue that formation of oil deposits requires the high pressures only found in the deep mantle and that the hydrocarbon contents in sediments do not exhibit sufficient organic material to supply the enormous amounts of petroleum found in supergiant oil fields.”
    The same article points out that:

    “The abiogenic origin theory of oil formation is rejected by most geologists, who argue that the composition of hydrocarbons found in commercial oil fields have a low content of 13C isotopes, similar to that found in marine and terrestrial plants; whereas hydrocarbons from abiotic origins such as methane have a higher content of 13C isotopes.”
    Thomas Gold Championed Abiotic Oil Formation
    Thomas Gold was a geophysicist and astronomer who was born in Austria in 1920 and spent most of his professional life working in the United States.
    In 1999, Gold published a book entitled The Deep Hot Biosphere that supported the abiotic formation of oil theory. He wrote that oil and natural gas are generated from hydrocarbon substances in the Earth’s crust that were “brought in from space when the Earth was formed.”
    The Origin of Fossil Fuels
    Petroleum products and coal are the USA’s main source of energy, accounting for about 92%. While filling up gas tanks and enjoying gas fireplaces, most people aren’t aware of the geological processes that have created this valuable resource. The type of hydrocarbon that forms deep underneath the surface of the earth is determined by the kind of sediment deposited and geologic setting, the kind of organic matter trapped and the changes in this organic matter.
    Fossil Fuels Form in Sedimentary Basins
    The first requirement for the formation of fossil fuels is a sedimentary basin. Sedimentary basins are formed when the repeated transgression and regression of seas and lakes deposit numerous layers of sediment. As these sediments are deposited, the remains of dead animals, plants, algae, plankton and bacteria are trapped within the layers. This organic matter is buried within numerous layers of sedimentary deposits, which eventually become sandstones, limestones and shales.
    The conversion of organic matter takes time, pressure and heat. Organic matter is deposited on the surface of the Earth, in underwater environments – either as swamps are flooded or as marine life dies and falls to the bottom of the ocean. As the various layers of sediment are deposited on top, the load gets heavier and squeezes down on the organic matter below. As the compaction proceeds, the carbon compounds within the organic matter are transformed into a substance called kerogen that contains a range of hydrocarbons.
    The Formation of Oil and Natural Gas

    Oil and natural gas form within sedimentary rocks that contain organic matter originating from small marine life such as phytoplankton, algae and bacteria. This organic matter is rich in proteins, lipids and carbohydrates – compounds found in oil and natural gas. The trap rock – the rock that holds the hydrocarbon – in this setting is usually shale, which is made up of very fine sediment that is deposited in deep-water environments such as lakes and seas.
    Most oil and natural gas around the world is found in layers that were deposited during the Cenozoic era about 50 million years ago. During this time, much of the coastal United States was underneath the ocean. This has resulted in rich deposits of oil and natural gas along the Gulf Coast and along the east and west coasts.
    The Formation of Coal
    Coal forms within the sedimentary rocks that contain organic matter originating from plant life like bushes and trees. This kind of organic matter is rich in resins, waxes and lignins, which tend to remain solid even after million of years. The trap rock for coal is usually sandstone, which is indicative of an environment where water was transported quickly and the strong currents were able to deposit larger pieces of sediment such as coarse sand.
    Most coal is found in layers of sediment that were deposited during the Carboniferous period, when plant life was emerging and vast swamps covered most of the Earth’s land. In fact, the name “Carboniferous” itself refers to the abundance of plant-life fossils found in sedimentary rocks deposited at this time. During a sub-period of the Carboniferous period, called the Pennsylvanian period, a portion of land – which is now the majority of the United States interior – was repeatedly flooded by an encroaching sea. As a result of this, the swamp that covered this area was buried under multiple layers of sediment. In the prese

    The Abiotic theory of petroleum formation (techforhunt.com)

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    Oil is Abiotic 16:10 of video if you think it is from dinosaurs you got more problems than you think you do

    Thread: CANNIBALS AND CABALS DIFFERENT STROKES FOR DIFFERENT FOLKS - DOLLAR VIGILANTE WATCH



    Last edited by Airbornesapper07; 11-03-2022 at 06:54 PM.
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    Last edited by Airbornesapper07; 11-29-2022 at 04:11 AM.
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    Last edited by Airbornesapper07; 11-29-2022 at 04:11 AM.
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    if you think Oil comes from Dinosaurs you are far dumber than you think you are, get away from the Flat Earth nut cases as well

    Canadian Banks Slammed For Continued Fossil Fuel Investments



    In fossil fuel investments, all banks were revealed to have increased their exposure between 2020 and 2021...

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    The American people are so dumbed down they will never get it

    Oil is NOT a 'fossil fuel'... It is an 'Abiotic' A Self Regenerating Compound

    OIL IS NOT A 'FOSSIL FUEL'... IT IS AN 'ABIOTIC' A SELF REGENERATING COMPOUND







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    Thread: Eliminating Fossil Fuels Will Produce A Crippling Decline In Human Well-Being

    Oil Is NOT A Fossil Fuel - It Is Abiotic
    By Jerry Mazza
    Online Journal Contributing Writer

    It seems so easy to believe this idea. Oil contributes greatly to polluting the environment. The industrial age has intensified its use greatly. The more we use, the more we lose fresh air, even the ozone. And therefore it seems almost divine justice that we are about to exhaust this so-called "fossil fuel" within several decades and two hundred years, this cursed blessed hydrocarbon which took millions of years to produce. And, therefore, it almost seems we get what we deserve: a petro-powered society in which once the oil supposedly runs out we will suffer mass annihilations of population, famine, war, total deceleration, a withdrawal into the caves. And, therefore, we should have our prophet From the Wilderness.com, Michael Ruppert, predict this on an ongoing basis. And his biblical tome, Crossing the Rubicon shall subhead the big idea: The Decline of the American Empire at the End of the Age of Oil. Well, no, not so, kimosabe, not by a long shot. To begin with, oil is not a fossil fuel. This is a theory put forth by 18th century scientists. Within 50 years, Germany and France's scientists had attacked the theory of petroleum's biological roots. In fact, oil is abiotic, not the product of long decayed biological matter. And oil, for better or for worse, is not a non-renewable resource. It, like coal, and natural gas, replenishes from sources within the mantle of earth. This is the real and true science of oil. Read all about it. In fact, working in the 1950s, Russian and Ukrainian scientists, cut off from the Western World's oil supply, applied their keen minds to the problem and, by the 1960s, had thoroughly demolished the idea of oil as a 'fossil fuel,' Is it any wonder then that Russia is one of if not the leading producers and exporters of oil. The isolation of the Cold War forced Russia to dig deeper, literally, to find oil deeper in the earth in some places, and to look in other places where no one had thought to look to reveal more. This while America feels incumbent upon itself, since it claims oil production and discovery has peaked and will fade to nothing in several decades, that America's feels it must make war to take other people's oil: Afghanistan, Iraq, Iran, the Caspian Basin, Sudan, etcetera. And to others who have oil, it must either rattle its saber, as with Venezuela, threaten to kill its president who will not buckle and sell all his oil to America. And with the Saudis we will protect them from their own terrorists and any Saddam that comes along. And we will get in bed with them so long as we can have the lion's share of their oil, and the say-so as to who gets the rest. And therein lays the evil genius, secret and sham of the 'Peak Oil' put on. If oil, as coal, and natural gas, restores itself by nature, if we will more likely run into it then out of it, how do we continue to make money on it? Certainly not by giving oil away at some reasonable price. After World War II, oil was about 25 cents a gallon at the pump. Even given the spiraling inflation since then-last week I paid $3.50 a gallon for it in New York City, 14 times that price. A week after the summer holiday season ended (the peak usage season), oil is down to $3 a gallon. I doubt if I'm the only one who notices oil's price shoot up every summer, then slither down a bit after, and then climb up in the middle of the winter when the heating bills waft in, and old and poor people who can't afford the hikes begin to freeze and die in their own homes. Someone is shilling for the American petro-brokers, because 'Peak Oil' is a wonderful concept to use to go out and war for "the control" of oil resources. So that a barrel of crude can suddenly jump from $20 to $70 to $100 a barrel, or to two, three or four hundred dollars a barrel, therefore providing exponentially expanding profits for oil companies and oil suppliers who relish the idea of having an "inelastic demand" for their gasoline. 'Peak Oil,' as writer Dave McGowan points out in his priceless Newsletters, which you can find at Educate-Yourself.org, 'Peak Oil' will even drive oil companies like Shell, to attempt to shut down an incredibly profitable facility, like the one it owns in Bakersfield, California,. This Bakersfield facility, like others in California, runs along the San Andreas fault line, which abounds along its route through the state with rich crude oil and natural gas fields, products of seepage from the earth's mantle, from the tectonic plates, as Dave would say, 'passing gas' and rumbling as they move. In fact, oil and the family of hydrocarbons are often found at volcanoes and fault lines, as they are in deserts, watery gulfs, and sea basins. Let's demystify it all. The real reason a company like Shell Oil would close a facility like Bakersfield-to bulldoze it, stop it-is to halt the production, refining, and supply to drive up the price of oil. It's that goddamn simple and ugly. And we're doing the same thing today in Iraq, bulldozing a country, to control and reduce its oil supply. Never mind supplying a botched democracy that we can't even supply for ourselves in America. Concurrently, we are also bringing apocalypse to its population, thinning it with more than 100,000 dead, tearing its infrastructure apart, water, sewage, power, media, hospitals, name it. We are decentralizing Iraq's cities, driving people out of them or out of the country, or bombing them back to the Stone Age as our generals are so found of saying. And Iraq, like Afghanistan, is the paradigm of the future, of how we will engulf and devour countries, cities, even our own, like New Orleans for instance, whose Gulf is a rich source of oil, and through whose ports pass a large percentage of our nation's supply. The U.S. political henchmen are thinning the Iraq population to fatten the profits of the oil barons like David Rockefeller. In McGowan's own inimical words, from page three of another Newsletter: THE ROCKEFELLER CORPORATE OIL MAJORS should be thrown into jail for selling fraudulently priced items as well as cheating on generations of their corporate taxes (due to tax write off 'depletion allowances,' which they knew were lies. This abiotic oil story is perhaps the largest underground ((no pun intended)) scam story of the past 200 years: an ongoing corporate success of pricing abiotic renewable oil to act out an artificial scarcity, combined with all the related ideologies required to sell that motif of artificial scarcity, and all the millions they have made and still make on the fraud, and all the tax dollars they have, stolen, etc." In this concept of 'Peak Oil' you have the system's secret to hold the world hostage. Not that we shouldn't take care to not overuse oil, not that we should avoid conservation, or even to stop poking the planet, and actually seek purely organic ways in which to live. But now, now that we are here, and have billions of people to sustain, we must not let vast numbers of them be harmed, murdered, abused, because of feigned shortages, economies overturned by outrageous prices, everyday working people be bankrupted by same, to get to work, to warm their homes, to cook their families' food, to participate in an organized society. We must not make the beasts, the Bilderbergers, the elites, the oligarchs use the 'Peak Oil' lever to bend the backs of the world on its wrack. Believing in 'Peak Oil' is not a price to pay to avoid the price of drilling for oil in new ways, for setting fair and unwavering commodity prices. The cost of blood and lives and the future of nations are too much to pay for the folly of 'Peak Oil.' In fact, realizing that oil is a self-renewing resource puts the neocon agenda into a new perspective. Instead of seeing 'Peak Oil' as the end days of technological civilization literally losing its power, see this idea as the further manipulation towards fascist power and subjugation that it is: still another way to scare the world into believing its resources are terminally finite, and that we must be led into another and another war that must be waged to survive. If we do not accept the lie, the manipulation of 'Peak Oil," it is not to say we can't devise new systems to bring life and the world forward. It is only to put the petroleum barons on notice. It then gives us a chance to bring people together, to tear away the false scarcity, to share resources, to experience peace, to alleviate poverty with the abundance of renewable hydrocarbon resources, as with the abundance of the human imagination. Or else we end up with another Ruppert rubric, Sizing Up the Competition - Is China the Endgame?, another piece of priceless paranoia to peddle for perdition, another dark ops for a bright new generation of believers. More war, endless war it is, to enrich the already rich, to impoverish the already poor. Do not let this happen, even in the short run. As reported by the Energy Information Administration, International Energy Agency, files: "THERE IS NO SHORTAGE OF OIL." "Before hurricane Katrina reached the shores of the Gulf of Mexico, most oil companies had taken the precautionary measure of evacuating their 30,000 offshore employees and shuttering their platforms and oil rigs. Therefore, it was not a surprise that on Aug. 30, some 95% of the Gulf's production of 1.5 million barrels of oil per day was 'shut.' By Sept. 6, that figure had dropped to 58%, with close to half of the oil production capacity having been restored. "On Sept. 2, the 26-nation International Energy Agency agreed to make Available to the U.S., 2 million barrels of oil per day, half petroleum and half gasoline. In other words, when the gasoline shipments start arriving from Europe in the next week or so, along with the 1 million barrels per day from the U.S. Strategic Petroleum Reserve, which are being released under IEA guidelines, the U.S. will be swimming in oil." And then there's this from the LaRouche Executive Intelligence Report News Service: "When Sen. Byron Dorgan (ND-N.D.) introduced his Windfall Profits Act on Sept. 7, he estimated that the major oil companies were stealing $7 billion more per month in profits than they had been 18 months ago. There is no shortage of oil." Again from EIRNS: "THE HOUSE OF WINDSOR-PIVOTED OIL CARTEL IS POISED TO CARRY ON ITS GLOBAL LOOTING OPERATION BY PUSHING THE PRICE OF OIL ON THROUGH $70 PER BARREL. Key to this is that the oil cartel controls all the critical facets of the industry, as a single integrated system: (1) in the U.S., the oil production system (aside from the imports); (2) the oil refinery network; (3) the oil distribution network; and (4) international, the oil derivatives market. It extracts a margin of $40 per barrel of petroleum in pure theft to try to bail out the bankrupt world financial-monetary system." From the Observer, 9/11/05: THE OBSERVER OFLONDON DESCRIBED KATRINA AS HALLIBURTON'S "PERFECT STORM." Halliburton stock has risen 10% since Katrina on expectation of "Iraq-style" contracts-no-bid, cost-plus bonanzas. The Observer notes that Rep. Henry Waxman (D-Calif.), who leads the fight against the massive corruption by Halliburtn and other Bush/Cheney cronies in Iraq, is 'keeping a very close eye' on the contracts now being put together for Katrina reconstruction. The Observer also notes that Joe Allbaugh, Bush's first FEMA chief and now a lobbyist in D.C., with Halliburton's KBR as a client, is known as the "Karl Rove" of contracting." And on and on it goes. And thanks to men of good will like Dave McGowan, Lyndon LaRouche, geologist Thomas J. Brown, and many others, for their knowledge, their courage, and their guiding light. Let us follow wherever it shines, far from the "Peak Oil' precipice to a level playing field for humanity. We have nothing to lose but our shortages. Jerry Mazza is a freelance writer residing in New York. Reach him at gvmaz@verizon.net. The views expressed herein are the writers' own and do not necessarily reflect those of Online Journal.Email editor@onlinejournal.com© 1998-2005 Online Journal. All rights reserved.

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  10. #10
    Senior Member Airbornesapper07's Avatar
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    CORRECT; Oil Is NOT A Fossil Fuel - It Is Abiotic


    Oil is the Second Most Prevalent Liquid on Earth

    OIL IS THE SECOND MOST PREVALENT LIQUID ON EARTH





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