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 Jimmy Gillman

Published - Thursday, April 03, 2008

POST COMMENT | READ COMMENTS (88 comment(s))

Press is missing important part of oil story

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A fascinating article in the current Columbia Journalism Review focuses on the media’s under-reporting of an important part of the big oil story -- something known within the industry as “peak oil.”

As the article written by Katherine Bagley tells it, “peak oil is shorthand for the understanding that there is a finite amount of oil in the world and at some point we will hit a production peak, after which oil production will steadily decline until supplies are effectively exhausted.”

Bagley’s piece raises two important issues: First, why has the discussion of peak oil within the industry and the press been taboo? Second, what impact is the belief that we’ve already reached the moment of peak oil having on today’s skyrocketing prices?

One thing is for sure, listening to the oil company executives testify before congress the other day, it’s difficult to believe there’s not something nefarious behind it all.

Click here to read Bagley’s article.
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 Tell us what you think...

 Comments »

To *:57 am poster wrote on Apr 18, 2008 9:38 PM:

" It certainly sounded like you were implying that Obama was guilty of that. I read over your posts again and failed to see your comment in parenthesis. I'm sorry. I guess I didn't follow close enough. "

To To 9:54am wrote on Apr 18, 2008 4:44 PM:

" Yeah, where is that coming from? Are you having trouble following? "

To 8:12pm wrote on Apr 18, 2008 8:57 AM:

" Why do you think that? I haven't alleged that anyone is guilty of moral cowardice. "

To 9:54 am poster wrote on Apr 17, 2008 8:12 PM:

" So, I guess that means your not going to vote in the upcoming election then? "

To 7:14am wrote on Apr 17, 2008 9:54 AM:

" I wouldn't vote for someone I thought was guilty of moral cowardice, under any circumstances. "

To 9:43 am poster wrote on Apr 17, 2008 7:14 AM:

" What is it you disagree with? "

To Bugs wrote on Apr 16, 2008 9:43 AM:

" Okay, that makes sense. I disagree, but it does make sense. Thanks for the discussion. "

Bugs to 8:55 am wrote on Apr 16, 2008 9:17 AM:

" Let me clarify. Obama wasn't even in Washington when 9/11 occurred. He wasn't elected to the Senate until 2004. What I contend is that every single Senator and Congressperson knows that 9/11 was an inside job. That's what I believe. And they're all guilty of moral cowardice for not doing anything about it, and that includes Obama. But, of the three remaining who have a chance to be president, I find Obama by far the better choice. I will not vote for McCain or Hillary under any circumstances. "

To 9:14pm wrote on Apr 16, 2008 8:55 AM:

" I am not trying to badger anyone or accomplish some agenda or anything of the sort. I think Bugs and I are having a thoughtful conversation. To be honest, I find some of Bugs thoughts interesting, even though I don't always agree. We are just sort of picking each others brains. Bugs does provide food for thought on occassion. In this particular case, I am truly taken aback that he would vote for Obama when he truly believes(even though I don't) that Obama was complicit in the 9/11 inside job cover up. I am just trying to honestly explore this with Bugs. "

To 10:29 am poster wrote on Apr 15, 2008 9:14 PM:

" I don't think your confused at all. I think you know precisely what your doing and what he's saying. I'm just wondering what YOUR point is... You seem to be pressing this issue... You know Bugs is voting for Obama. You know Michael Welch is for Obama. You know Harsch is for Obama. You know Bugs wears a little foil hat. WHAT is your point? "

To Bugs wrote on Apr 15, 2008 10:29 AM:

" So, you are protesting his complicity in the cover up by voting for him? I may need to wake up a little more here, but you are really confusing me today. "

Bugs Raplin wrote on Apr 15, 2008 9:17 AM:

" To sin by silence when we should protest makes cowards out of men-Ella Wheeler Wilcox "

To Bugs wrote on Apr 15, 2008 8:42 AM:

" The difference is, according to you, you are knowingly, willingly voting for a coward. Most people are not. "

Bugs to 3:08 pm wrote on Apr 14, 2008 4:03 PM:

" Sorry, but a coward, at least on the 9/11 issue, will be the next president. I just hope it's Obama. Go Obama! "

To Bugs wrote on Apr 14, 2008 3:08 PM:

" We will have to agree to disagree. I wouldn't want a coward to lead our country, even the "best of the cowards". "

Bugs to 11:04 am wrote on Apr 14, 2008 11:31 AM:

" Coward's way out? Yeah, sure. I won't argue. My only point is that they ALL are cowards. All of them are cowards. So, with that given, of the three people who may be president, I find Obama the best choice because of Iraq. "

To Bugs wrote on Apr 14, 2008 11:04 AM:

" Sorry, that is a very weak postition morally and logically. He is justified in helping to cover up this mass murder in order to protect his political career? Please. He is in a unique position to do the right thing, if what you say is true. Because of his position right now, the media will cover any press conference he would choose to hold. He could lay out the same evidence you did on these blogs and Griffin did in his books. If the evidence is sound(as you claim) he would be a hero. Instead, if what you say is true, he is taking the cowards way out to spare his career. "

Bugs to 8:33 am wrote on Apr 14, 2008 9:53 AM:

" Well, what can Obama or anyone else in Washington do about 9/11? It's a fait' accompli' carried out by Bush, and covered up by both the Democrats and Republicans. Were Obama or a Feingold to come forward and challenge the fantasy, they would be dismissed as nuts or kooks, and their political careers would be over. Under those circumstances, I'll continue to support Obama. "

To Bugs wrote on Apr 14, 2008 8:33 AM:

" I asked the same question of you on another blog(sorry, I thought this one was done). I must seriously question your credibility here. You believe Obama is helping to cover up the acts of a mass-murderer who killed many innocent people, basically for the purpose of going to war with Iraq. Now, you would support him and put his name on a ballot to lead our country?! Just Because you think he will now get us out of Iraq? If what you say is true, he deserves a jail cell! "

Bugs Raplin wrote on Apr 14, 2008 7:37 AM:

" They all know, including Obama. I'll still vote for him cause he's our best bet to get out of Iraq, which is the issue I care about most. "

To 9:30pm(And Bugs) wrote on Apr 12, 2008 7:12 PM:

" Just looking for Bugs answer to the question. I am curious if he thinks Obama is also being complicit in the cover up. "

To 1:21 pm poster wrote on Apr 11, 2008 9:30 PM:

" I sense some leading questions being asked here. If you are asking those, why worry about the answer? He didn't say ALL member's did he? What is it specifically your looking for? "

To Bugs wrote on Apr 11, 2008 1:21 PM:

" How about Obama? Does he know the truth also? Is he complicit in the cover up? If so, you would still vote for him? "

To Bugs wrote on Apr 11, 2008 1:20 PM:

" So ALL members of Congress are aiding Bush and the Republicans in this "cover up"? I don't think so. "

Bugs to 8:44 am wrote on Apr 11, 2008 9:37 AM:

" Absolutely not! There are very, very few in Congress (hardly any in fact) who would dare bring up 9/11 in any other context other than it was Osama and the 19 hijackers. They all know that tale is bunk, but still hold to the fantasy out of their allegiance to the system. They all know that, at times, the system will do horrendous things to further its agenda. For example, FDR knew the Japanese were going to attack Pearl Harbor, but did nothing to warn the commanders there. He wanted the attack to occur to drag America into WWII. Popular opinion was dead set against American involvement on 12/6/41. One day later, it was the other way around. "

One more question for Bugs wrote on Apr 11, 2008 8:44 AM:

" When Cheney cursed Leahy, was Leahy asking him about the subject matter we are discussing, or something else? "

Bugs to 3:10 pm wrote on Apr 11, 2008 7:30 AM:

" The interesting thing is that Cheney has never apologized. It's an indication of his character. "

To Bugs wrote on Apr 10, 2008 3:10 PM:

" I do recall that, I had forgotten that he directed it at Senator Leahy. Interesting. And, there was no follow up whatsoever from Leahy or anyone else? "

Bugs to 10:53 am wrote on Apr 10, 2008 12:45 PM:

" You aren't aware that Cheney uttered an obscenity at Senator Leahy saying he "should go %$@# himself? "

To Bugs wrote on Apr 10, 2008 10:53 AM:

" You have gotten me sincerely interested..but a little confused. You wrote that to your knowledge no one questioned him. But, now you reference Senator Leahy. What did he tell him, or what is the story there? "

Bugs to 9:25 am wrote on Apr 10, 2008 10:45 AM:

" He'd probably tell me the same thing he told Senator Leahy.... "

Bugs to 9:25 am wrote on Apr 10, 2008 9:50 AM:

" He'd probably tell me to go f*** myself. "

To Bugs wrote on Apr 10, 2008 9:25 AM:

" Why don't you write him a letter and ask him? I know, that seems silly, but I really wonder what kind of a response, if any, you would get. "

Bugs to 1:05 pm wrote on Apr 9, 2008 1:56 PM:

" Excellent response. No one has questioned him on it to my knowledge. No one! Do you see what I mean now about the media in this country protecting those in power on crucial issues? By the by, the vaunted and much praised (by the media) 9/11 Commission never included Mineta's testimony in its final report. A certifiable 'smoking gun' goes ignored. Would you even know about Mineta's testimony had I not told you? Of course not. Another glaring omission from the media. I'd rather be unemployed than a network anchor. "

To Bugs wrote on Apr 9, 2008 1:05 PM:

" What has Cheneys response been to these facts that you outline? Surely someone has questioned him about it..... "

Bugs to 10:14 am wrote on Apr 9, 2008 11:44 AM:

" As I mentioned below, Cheney's monitoring of the plane approaching the Pentagon occurred at 9:25 am or 9:26 am according to Mineta, yet Cheney made no attempt to evacuate the Pentagon or even warn it of the approaching plane, even though the two towers had already been hit. And, as to the young man's question, "Do the orders still stand?" those orders must have been to allow the plane to hit the Pentagon..otherwise the plane would have been shot down. That it wasn't shot down tells me Cheney meant for the plane to hit its target-that 9/11 was an inside job to be blamed on patsies which would allow the US to go to war in Afghanistan and Iraq to secure Central Asian oil and natural gas through a pipeline through Afghanistan and to acquire Iraq's oil by invading and occupying it. "

Bugs to 10:14 am wrote on Apr 9, 2008 11:30 AM:

" Here is verbatim the testimony of Transportation Secretary Norman Mineta before the 9/11 Commission: "During the time that the airplane was coming in to the Pentagon, there was a young man who would come in and say to the Vice President, "The plane is 50 miles out." "The plane is 30 miles out." And when it got down to "the plane is 10 miles out," the young man also said to the Vice President, "Do the orders still stand?" And the Vice President turned and whipped his neck around and said, "Of course the orders still stand. Have you heard anything to the contrary?" "

To Bugs wrote on Apr 9, 2008 10:14 AM:

" How would Cheney possibly know the Pentagon was going to be hit just because the twin towers were? "

Bugs Raplin wrote on Apr 9, 2008 9:34 AM:

" In 2006, the magazine Popular Mechanics published a book ridiculing those of us who believe 9/11 was an inside job. It was called, "Debunking 9/11 Myths: Why Conspiracy Theories Can't Stand up to the Facts." A year later, David Ray Griffin struck back with his own book, "Debunking 9/11 Debunking-An Answer to Popular Mechanics and other Defenders of the Official Conspiracy Theory." Interesting to note that the man who wrote the forward to the Popular Mechanics book was (drum roll) John "We'll be there 100 years" McCain. "

Bugs Raplin-more on Dick Cheney wrote on Apr 9, 2008 9:24 AM:

" We know from Transportation Secretary Mineta that Cheney was monitoring whatever it was that hit the Pentagon. Mineta places the time of Cheney's monitoring at 9:25 am or 9:26 am. The Pentagon wasn't hit until 9:37 am. Why wasn't the Pentagon evacuated? The two towers had already been hit. Cheney had eleven minutes to get our people out of the Pentagon, and did NOTHING. 125 lives were unnecessarily lost. Does anyone care about this? "

Bugs to 8:50 am wrote on Apr 9, 2008 9:19 AM:

" You're welcome. When one understands how the media operate, everything becomes clear. To borrow a line from Huxley, the doors of political reality become cleansed. In conspiracies, the media act to cover them up; it's individual independent researchers and authors that bring forth the important information that the media omits. The media then ridicule the truth-tellers by calling them nuts and kooks and attaching a tin foil hat to their heads. "

To Bugs wrote on Apr 9, 2008 8:50 AM:

" Well, you certainly do give one something to think about. Not sure I agree, but it is interesting. Thanks. "

Bugs Raplin wrote on Apr 9, 2008 8:24 AM:

" "many other firemen (besides me) know there were bombs in the buildings, but they're afraid for their jobs to admit it because the 'higher-ups' forbid discussion of this fact."-Auxiliary Lieutenant Fireman Paul Isaac "

Bugs to 2:50 pm wrote on Apr 9, 2008 7:49 AM:

" Please note the 10:13 pm post. It's dead-on, and it's a recurring theme in my posts. On all matters crucial to the establishment, the media operate to protect the establishment. And, by establishment, I mean most Democrats and Republicans. Just look at any of the conspiracies I've mentioned in my posts. In every one, the media has protected those in power by using their most powerful "weapon" of all-the art of omission. "

To 2:50 pm poster wrote on Apr 8, 2008 10:13 PM:

" Gag orders are issued lot's of times with very little publicity. I certainly believe the media "cooperates" with the government all the time. For example, why don't we see more pictures of the dead soldiers coming back from Iraq. Why isn't the media demanding from our government the chance to really show the world what's happening over there? If Americans didn't "hear" about it or know someone that was there they wouldn't even know a war was happening. Another example would be the "surge". If it's really working like the Bush administration is telling the world, let all of us see it with our own eyes on television. Let us "see" everything that's working. Let us see the world's most expensive embassy. Let us see the Green Zone. Let us see... "

To Bugs wrote on Apr 8, 2008 2:50 PM:

" Okay, how about this. While I am not doubting you, why isn't there a lot more publicity regarding the gag order itself? I mean, it is rather unusual. I suppose the media is now all cooperating with the Government? "

Bugs to 12:49 pm wrote on Apr 8, 2008 1:40 PM:

" Well, we're not talking all the cops and firefighters in NYC-just those in the towers who heard the bombs going off. My assumption is that if they violated the gag order, they'd be fired. Human nature being what it is, the scenario you present of them all piping up and risking their jobs is, quite frankly, ludicrous. "

10:54am to Bugs wrote on Apr 8, 2008 12:49 PM:

" So, if all the cops and firefighter spoke up, they would all be fired? Wouldn't that arouse suspicion? "

Bugs to 10:54 am wrote on Apr 8, 2008 11:58 AM:

" The gag orders are to keep the cops and firefighters from talking about all the explosions going off in the towers. Those explosions are proof that the towers were brought down by bombs, not the laughable pancake effect explanation of the 9/11 Commission. Any cop or firefighter violating the no-gag would be in serious legal trouble, and would lose his job. A few years ago, the chaplain of the NYC Firefighers Union did question the government explanation for the collapse of the towers. He was fired. And, yes, sometimes, in circumstances like this, there is no freedom of speech for people like the firefighters and the cops. "

To Bugs wrote on Apr 8, 2008 10:54 AM:

" So, we don't actually have freedom of speech in this country? The gag order is news to me. But that begs the question: why not just disobey the order and talk to the media anyway? I mean, if enough police and firemen spoke up, what would they do? Have them all killed or thrown in jail? Sorry, but these questions and seemingly lack of logic cast huge doubt on your theory. "

Bugs to 4:26 pm wrote on Apr 8, 2008 8:24 AM:

" There are other ways to keep people with knowledge of what really happened on 9/11 silent. For example, NYC firefighters and police are under a court gag-order not to talk to the media. Individual cops did speak out before the gag order and stated they feared they'd be fired if they caused problems for the "official" explanation. FAA air traffic controllers who worked that day and know what really happened are also under a gag order. Keep in mind that nearly 50% of the residents of NYC believe Bush was complicit in 9/11.(Zogby poll, August 2004) "

Bugs to Richard wrote on Apr 8, 2008 8:03 AM:

" I'll pick it up. Thanks. From my research thus far, I do believe Bush had him bumped off, though, of course, I can't prove it. "

Bugs to 4:26 pm wrote on Apr 8, 2008 8:00 AM:

" Sometimes they do "disappear." The CIA does NOT check its weapons at the border. "

Richard Cranium wrote on Apr 7, 2008 10:44 PM:

" To Bugs: If you haven't read "American Assassination" (The strange death of Senator Paul Wellstone) by Four Arrows & Jim Fetzer, you might want to. I highly recommend it to you. "

To Bugs wrote on Apr 7, 2008 4:26 PM:

" No. that doesn't make sense. If the Government really wanted to cover this up, these people would "disappear". "

Bugs Raplin wrote on Apr 7, 2008 2:31 PM:

" The crucial thing to understand is that big government conspiracies like 9/11 or the JFK assassination are compartmentalized. Only a very few at the top know the entire plan. The underlings just carry out their assignments. To quote Mike Ruppert, "For reasons of physical safety, freedom from legal sanction and job security, participants (the underlings) would be motivated, and therefore, guaranteed-not to inform on one another." Another reality: they know if they did come forward, the corporate media would ignore what they had to say. "

Bugs Raplin wrote on Apr 7, 2008 2:16 PM:

" Jim Marrs is a very successful writer. His book on the JFK assassination was a basis for the Oliver Stone film. He had a big New York publisher, who agreed to publish his book on 9/11 called "Inside Job." The publishing firm had their lawyers vette the book for errors to avoid potential lawsuits. The book was then inexplicably rejected for publication, even though they allowed him to keep his 6 figure advance. Marrs had to take it to a small publisher in California to get it printed. "

Bugs to 12:22 pm wrote on Apr 7, 2008 2:11 PM:

" The 9/11 truth-tellers (authors like Marrs, Griffin, Ruppert, Jim Fetzer, Kevin Barrett and others) are allowed to publish their works, because there is still freedom of speech in this country. Of course, their publishers aren't the major publishing firms, and their books aren't promoted. You'll NEVER see them in the front at Barnes and Noble or Borders. They are on the back shelves, and, because most people are put off by conspiracy theories, they don't purchase them. The truth is out there, but its too unpleasant for most people to even give it a chance. "

To Bugs wrote on Apr 7, 2008 12:22 PM:

" I am not saying you don't make some good arguements. But, some things just don't jive. Like all Government agencies and everyone from the President down to the firemen all working together and cooperating when they have never done so before? Much less Griffin even being allowed to write....sorry-you have some evidence, but it just doesn't add up to make your case. "

Michael Welch: The "System" Has You "Bagged"... wrote on Apr 7, 2008 11:34 AM:

" I really don't 'live' in some horrid fantasy world -- we ALL live in one but we're so used to it it's hardly 'terrible' anymore. The powers so to speak leave 'US' alone; for when a movie like 'JFK' for instance generates controversy the usual media suspects show up (even BEFORE they've seen the film!) with enough pooh-pooh that the public is left with 'doubt' -- and anyway it happened so long ago and what to do about it now? Most folks pay even very little attention to the Iraq war (Iraq war movies regularly flop at the box office) except to understand it's never very far from disaster. And guys like 'Bugs' are 'permitted' to write because they will ALWAYS be dismissed as 'kooks'... "

harsch wrote on Apr 7, 2008 10:37 AM:

" I refer anyone who thinks they understand conspiracy and are knee-jerked by the propositions of such as Bugs to the sociological classic The Power Elite by C. Wright Mills. "

Bugs to 5:53 am wrote on Apr 7, 2008 8:40 AM:

" It appears that you are threatened by my postings. That's perfectly understandable. They interfere with your comfort level, your world view-the one imposed on you in school. You know what I mean..the US is the greatest country ever; we are exceptional; we never do evil, we make mistakes, but our intentions are always honorable and just; it's just lone nuts that cause all our problems, not conspiracies. Seems to me, you've never even bothered to look into any of them in the first place. You're probably afraid to. "

Bugs to 6:17 am wrote on Apr 7, 2008 8:32 AM:

" Well, if you study the Wellstone tragedy, it doesn't add up. The weather was good, the plane was in good condition, and then all of sudden it veers off course and crashes. The black operations people have the technology to cause plane crashes by electronically shutting down a pilot's ability to control his plane. And you know what else? It seems to me that evil does triumph over good nearly every single time. "

Bugs to 9:09 am wrote on Apr 7, 2008 8:25 AM:

" There are plenty of 'smoking guns'. It's simply a matter of fact that the media won't report them in a coherent manner. But that's the essential role of the media-protecting the government on all the crucial issues. "

Bugs to 8:55 am wrote on Apr 7, 2008 8:21 AM:

" I am unaware of any anti-Semitism in the authors I listed. My assumption is that they've been critical of Israel and that's why you've unfairly applied the label. By the by, Arabs are semitic peoples also. "

Bugs Raplin wrote on Apr 7, 2008 7:57 AM:

" Excerpt from the Israeli newspaper Ma'ariv by columnist Uri Averni: "If one looks at the map of the big American bases created (in the Afghan War) one is truck by the fact that they are completely identical to the route of the projected oil pipeline to the Indian Ocean." "

Why would you wrote on Apr 7, 2008 5:53 AM:

" want to lead such a miserable life that you suspect a conspiracy lurks behind every corner? Your "evidence" is nothing more than "spitballing" by like minded "Jew-haters". Can you honestly say that the likes of David Ray Griffin or Jim Marrs or Eric Williams are people that you admire? Read ALL of their "musings", not just the parts that reach out to your paranoia, and tell me they aren't bigots filled with hatred. I would tell you that you need to read more fiction and less non-fiction to counter such paranoia, but apparently you are unable to separate the two. So maybe you should just quit reading. "

Michael Welch: "Which 'Side' Are You On, Boys?" --... wrote on Apr 6, 2008 2:27 PM:

" Also I don't 'believe' in 'good and evil' in the way you probably do; the 'conspirators' ALWAYS think that they are doing 'good,' that their preceived enemies are so decidedly dangerous to the nation and society that a 'military assassination' etc. is justifiable. 'Ever read yer Shakespeare Bill?' queries Big Jim Garrison-Kevin Costner in Ollie Stone's great 'JFK' -- 'A few senators, Brutus, they too were "honorable men"' and re: 'General X'-Donald Sutherland 'Kings are killed Mr Garrison!' Wars are ALWAYS presented as 'necessary' and even 'good.' So 'good' DOES 'triumph' in the end; the question however is really 'good' for whom?... "

Michael Welch: "I Believe!" Okay... wrote on Apr 6, 2008 2:17 PM:

" It's difficult to have lived these last six decades in the 'good ol' USA' without acquiring some suspicions; also there is a GREAT deal of information 'out there' (yes the truth IS 'out there!') IF you bother. Otherwise sure, you can live your life oblivious to SO MANY disturbing 'coincidences.' MOST of history by the way is by definition 'conspiracy' (i. e. it involves more than one) but most of us don't know much really and aren't very curious and generally believe what the approved 'experts' tell you. It's a way to live but I still say 'Take a chance Frog!' -- the world is much more than your comfortable assumptions... "

Mikey, you forgot wrote on Apr 6, 2008 6:17 AM:

" and "a liberal senator from Mn". Basically, what you want to believe is that "evil" triumphs over "good" ever time. You might want to try and read the story about the little boy who cried "wolf" too much or maybe the story about "chiken-little" - the sky is falling!. "

Michael Welch: In Defense Of "Bugs"... wrote on Apr 5, 2008 1:45 PM:

" When someone can't attack the message coherently the smears begin. As 'Bugs' says there may be MANY things YOU don't WANT to know but others are not 'crazy' because they attempt to actually research an idea that is not -- given the history of the last fifty years -- beyond 'reality.' The government unfortunately has done much too much that is contrary to what Americans have thought of as their 'values' and a staged 9-11 is hardly more incomprehensible that killing a president, a leading civil rights AND anti-war leader and the brother of that president who might well have become a president 'they' didn't want. You want a 'sanitized' US history? Open that book about a 'pet goat' and DON'T, EVER, THINK FOR YOURSELF!... "

How come no one ever produces wrote on Apr 5, 2008 9:09 AM:

" the "smoking gun"? "It's illuminating to know that in the days preceding 9/11, the head of Pakistani Intelligence wired $100,000 to Mohammed Atta." That's as about "correct" as your conspiratists' buddys predictions of even more attacks. "

Hey Bugs wrote on Apr 5, 2008 8:55 AM:

" That's quite a list of authors. Almost all of them are noted "anti-semites". A couple of them have been "conspiratists" for about 30 years, yet they never seem to be able to produce the "smoking gun". Ruppert says 9/11 is no longer of any importance and has moved on to his next "conspiracy". I'm surpriased you didn't include Eric Williams as well. "

to open mind wrote on Apr 4, 2008 7:42 PM:

" All American Blogger is a web site. They had a story on "The truth about Big Oil" which gave references for their figures. I can't post the link because it gives Jimmy problems. The profit numbers come from another site called the tax foundation. Happy reading. "

Michael Welch: War In Iraq Is For China! (Er Wal-mart?)... wrote on Apr 4, 2008 11:36 AM:

" The current administration is of course 'manned' at the top by 'Big Oil' execs; that big oil revenue helps fund our empire then is only apt -- one hand 'oils up' the other so to speak and therefore the connection becomes even more apparent. Also did you know -- the US imports ONLY 10% of its oil from the Persian er Arabian Gulf while most of it goes to Asia, in particular that awakened 'giant' re: Bonaparte, China. In 2020 it is estimated that China will import 70% of its oil needs from the mideast which means that, in yet another bizarre American reality, we are shedding US blood for Chinese oil (imports)! Of course since Chinese export industries are two thirds controlled by foreign (especially US) corporations, the fact of Americans dying in Iraq 'for Wal-mart' can hardly be surprising can it?... "

Reality wrote on Apr 4, 2008 7:59 AM:

" We could certainly be reaching/surpassing a peak of accessible oil reserves.
Our foreign policy and Oil Co. inaction on refining, pricing, and little exploration as well as no thinking outside the box sure eludes to this. "

Open mind wrote on Apr 4, 2008 7:54 AM:

" I guess I will just consider the oil co taxes as Iraq war pre-payment. So their "favor and blood bank" account with us is now closed.
Is the tax collection in the former post adjusted for inflation as well as the oil co profits? "

Bugs Raplin wrote on Apr 4, 2008 7:52 AM:

" First of all, Jimmy probably cringes every time I bring up 9/11. But I don't care. I know these things because I read. David Ray Griffin; Jim Marrs; Jim Fetzer are authors with invaluable information on 9/11. If you want more info. on Peak Oil, get Michael Ruppert's "Crossing the Rubicon." "

Bugs wrote on Apr 4, 2008 5:35 AM:

" And you know all of this exactly how? Are you receiving messages & conversations when you put the tin foil hat on?
Jimmy - did you put this in because you knew how Bugs would react? "

from All American Blogger "The truth about Big Oil" wrote on Apr 4, 2008 4:03 AM:

" Ten years ago, oil companies recorded $9 billion dollars in profit (adjusted for inflation). Total 1998 gasoline taxes collected by state and local governments?

$60.3 billion.

Ten years ago, the government collected six times as much profit from gasoline than the oil companies did, and they didn’t lift a finger to produce the gas.

In 2004, oil prices were much higher and oil companies were making higher profits. The companies made a profit of $42.6 billion, but the government still cleared more, coming in at $58.4 billion.

In fact, “since 1977, there have been only three years (1980, 1981, and 1982) in which domestic oil industry profits exceeded government gas tax collections.”

When you adjust for inflation, oil companies have collected $643 billion in profits since 1977. The government has more than doubled that, collecting $1.34 trillion.
"

Bugs adjusts his tin foil hat wrote on Apr 3, 2008 1:44 PM:

" It's illuminating to know that in the days preceding 9/11, the head of Pakistani Intelligence wired $100,000 to Mohammed Atta. The context here is that Pakistani Intelligence is essentially a creature of the CIA. So where was the head of Pakistani Intelligence, the guy who wired the money to Atta,where was he on 9/11? In Washington having breakfast with Senator Bob Graham and future CIA Chief Porter Goss. "

Bugs to Starfish wrote on Apr 3, 2008 1:39 PM:

" I don't have definitive answers for you. What you do know from looking into it is that some Mossad agents were arrested on 9/11 after they were observed videotaping and CHEERING the collapse of the towers. I can speculate, however, with the caveat that it is speculation. I believe elements of the Mossad, Pakistani intelligence (ISI), Saudi intelligence, and the black operations unit of the CIA were all working together. It's my speculation that Mohammed Atta was with Saudi intelligence, and was set up a la Lee Harvey Oswald to take the fall as the ringleader. The 9/11 Commission described Atta as being fanatical about Islam. This is the same Atta who liked lap dances, cocaine, and pork, according to witnesses. "

Starfish wrote on Apr 3, 2008 12:49 PM:

" Bugs and his tin-foil hat is right in one respect: long, long after alternatives to oil are technologically feasible, they may still not be economically feasible. That is, a huge, HUGE sector of the economy is inextricably linked to the oil patch and its sudden obsolescence would have a civilization-crumbling impact (we’re not talking buggy whip factories, here, folks). Big Gov and Big Oil are equally culpable as are we, dizzily buying up H3's when the newest, biggest hole in the ground momentarily pushes the pump prices down to one eighth those of, say, Europe. One question, though, Bugs: could you enlighten me as to how and why Mossad has bought into this? "

Michael Welch: "WE Are 'The Arabs'"... wrote on Apr 3, 2008 11:22 AM:

" Oil conglomerates are NOT interested in 'energy independence' on the parts of ANY national entity; they are however vitally concerned with DEpendence -- on themselves. Control of the vast reserves of Iraqi oil can be an extremely effective lever in maintaining oil production and pricing; at the moment the political and social chaos in Iraq has jacked up prices to new records -- hardly a boo-hoo for the 'seven sisters' et. al. And just as the Saudi kingdom uses its production to 'regulate,' in a future more 'settled' Iraq that sort of control would provide yet another potent mechanism. 'Bugs's 'theory' then seems not 'crackpot' at all but clearly discernible international corporate 'economics'... "

Bugs to Tess wrote on Apr 3, 2008 10:25 AM:

" Yeah, yeah, yeah. I get that all the time. Doesn't phase me. Well, you keep on taking Bush, Cheney, the 9/11 commission, the Warren Commission et. al. at their word without actually investigating these things. I call it the "blind faith in your government" syndrome. It appears to be incurable, inexplicably incurable in a lot of folks, who should know better. Tess, sweetheart, why do you have so much faith in something so corrupt? "

Tess Trueheart wrote on Apr 3, 2008 10:01 AM:

" Bugsy, put your tinfoil hat back on and close your shade some the black helicopter hovering outside can't see you. Okay, to the REAL folks on the blogs here. First off, there is an abundant and ample supply of oil within and just off shore of the lower 48 states. The western state (that would be Idaho, Montana and Wyoming for those of you who went to public schools) reserves to power America for generations. Factor in the vast oil fields off the Pacific and Gulf states, America could have 200 years of never importing a barrel. Time to answer the bell on this one and fight for our right to energy independence! "

Bugs Raplin wrote on Apr 3, 2008 9:13 AM:

" Bingo! Good topic, Jimmy. First, I know I'm a broken record here, but it's still the truth, no matter how redundant. Peak Oil is the reason for the inside job that was 9/11. We wanted to secure Central Asian oil by building a pipeline through Afghanistan, but the Taliban weren't cooperative enough, even though we gave them a lot of money in May 2001. So Bush and Cheney attacked America, blamed it on Osama, and took over the country of Afghanistan. Bush and Cheney then used 9/11 to invade and occupy (illegally, of course) Iraq, not to bring them democracy, but to secure their oil. As Holmes would say, it's elementary, Jimmy. "

Maybe wrote on Apr 3, 2008 9:12 AM:

" because no one really knows or can accurately guess when the oil will be depleted. Back in the 1970's the scare was that the World would run out of oil, but many, many huge oil deposits have been found since then. It's easy to criticize "Big Oil" but what about "Big Government"? How is increasing the taxes on "Big Oil" going to lower the price of gas? How is the government going to do the Billions of dollars of research that the oil companies now do with out it costing us more? How does "Big Government" expect "Big Oil" to get cheaper oil when the pass regulations that keep them from drilling in ANWR or refining it in the US? "


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