[ Well, first off, since we’re only talking decades at best, I agree the alarmist propaganda is all for naught. Yet, make no mistake, those who equate shale oil, deep water oil, etc., with that close to the surface, easily recovered, ie., sweet crude, are as misguided. It’s kind of like that ‘asteroid mining’ that’s ‘become the rage’. Firstly, in hollywood (oh yeah, we’ve seen them digitally land on asteroids, planets as in Avatar, etc., with ease and without a hitch), they don’t keep books the way other businesses do, at least on the creative end, viz., ie., Cameron. And, what do you expect a former pilot to say, etc.? As an example of ‘fuel price makes a difference’, anyone who thinks american airlines among others went bankrupt because they’re so horribly managed or because they felt like strategically avoiding their debt would be mistaken. For airlines it’s all about fuel costs and load factors and pennies literally do make a difference. Costs of extraction make a difference. Oh sure, there’s loads of oil. It’s all about the costs of getting it. Peak oil really has been reached in terms of ‘easy pickins’. Some even argue/document persuasively that current reserves of the ‘easy pickins’ are over-stated. ]
Sadly, Barack Obama keeps running
around the country declaring that there is no way that the
"With only 2% of the world’s oil reserves, we can’t just drill our way to lower gas prices"
The funny thing is that what Obama said sounds very similar to something that Jimmy Carter said back in 1977....
"Unless profound changes are made to lower oil consumption, we now believe that early in the 1980s the world will be demanding more oil than it can produce".
How did that prediction work out for Jimmy Carter?
Not too well.
The truth is that Obama is misleading the American people just like Jimmy Carter did. A recent Investor's Business Daily article explained how Obama is twisting the truth....
the figure Obama uses — proved oil reserves — vastly undercounts how much oil
At current consumption rates, the
But only a very small fraction of the American people know this.
So when are we going to start hearing the truth?
The following are 10 facts about
#1 Back in 1995, the
#2 It is estimated that there are up to 19 billion barrels of recoverable oil
deposits in the tar sands of
#3 It is estimated that there are at least 86 billion barrels of recoverable oil deposits in the Outer Continental Shelf.
#4 It is believed
that there are 800 billion barrels of recoverable
oil deposits in the Green River formation in
#5 Overall, the
#6 According to the
#7 According to the
#8 According to the
#9 According to Pastor Lindsey Williams, absolutely
gigantic oil fields have been discovered up in
#10 Goldman Sachs is predicting that the United States will be the number one oil producing country in the world by the year 2017.
But you never hear any of these statistics from Barack Obama, do you?
And some of our oil fields that were thought to be "depleted" are actually filling back up with oil. Many scientists are extremely puzzled by this. The following quote is from a 1999 Wall Street Journal article....
at the oil field, deep in the Gulf of Mexico off the coast of
suddenly—some say almost inexplicably—
The truth is that there is still much about the formation of oil that is a great mystery to our scientists. For much more on this, you can listen to a recent interview with Dr. Jerome Corsi on Coast to Coast right here.
Unfortunately, much of the information that you have read above is being repressed because it would be very damaging to the "green agenda" that the global elite are trying to impose on all of us.
As I wrote about yesterday, a "green economy" is absolutely central to the "sustainable development" agenda that the United Nations is promoting.
The elitists at the UN believe that carbon dioxide is evil and that it is going to cause catastrophic climate change.
But the truth is that we have always had "climate change" and even if you eliminated all forms of human activity it would only reduce carbon dioxide levels on our planet by a marginal amount.
And carbon dioxide is not a pollutant. Every plant on earth uses carbon dioxide. In the past, our planet actually had much higher levels of carbon dioxide. When there are high levels of carbon dioxide in the atmosphere, plant life thrives and more food can be grown.
So if you want the earth to be more "green", then you should actually want levels of carbon dioxide to be even higher.
Unfortunately, this kind of logic evades the "true believers".
Well, you know what?
The climate on earth is going to change and nothing can stop it. It has always changed and it always will change.
The primary cause of climate change is the gigantic ball of fire that our planet is revolving around. You could fit 1.3 million earths inside the sun. When there is a lot of solar activity the earth tends to get warmer, and when there is not a lot of solar activity the earth tends to get cooler.
The sun has been behaving very strangely in recent years. If this continues (or gets even worse) we are going to see some very bizarre weather patterns in the years ahead.
And there is not a thing we can do about it other than pray.
But Obama is going to continue to
repress energy production in the
Unfortunately, much of what he is trying to do is extremely damaging to our economy. This was beautifully demonstrated in a recent YouTube video entitled "If I Wanted America To Fail"....
So does this mean that alternative energy is bad?
Of course not.
At the same time that we work to exploit the vast deposits of oil, natural gas and coal under our feet, we should also seek to develop cutting edge alternative energy technologies.
For example, most Americans have never even heard of thorium, but many scientists believe that it could provide nearly endless amounts of very safe, very cheap and very clean energy for future generations.
This country has a lot of problems, but a lack of energy is not going to be one of them unless our politicians get in the way.
So what do you think about all of this? Please feel free to post a comment with your thoughts below....