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Politics : CONSPIRACY THEORIES

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From: Don Earl1/21/2005 12:38:03 PM
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THE PEAK OIL THEORY

According to the theory:

"Peak Oil: At some point between 2000 and 2007, world oil production reaches its peak; from that point on, every barrel of oil is going to be harder to find, more expensive to recover, and more valuable to those who recover and control it. Dick Cheney was well aware of the coming Peak Oil crisis at least as early as 1999, and 9/11 provided the pretext for the series of energy wars that Cheney stated, "will not end in our lifetime.""

This is one I've seen discussed at length elsewhere. According to the theory, the world is almost out of oil and the only way to gain control of what little is left is to steal it in an armed robbery type scenario. In essence, the theory would make Cheney an altruist, acting only from the highest motives, to make sure Joe Six Pack has plenty of gas for his SUV.

The flip side of the argument is; on average, recoverable oil has been discovered at a consistently higher rate than average comsumption, and that oil wars serve as a price fixing mechanism to reduce the flow of oil to keep prices as high as possible.

Here's a serch string on "peak oil" for reference:

search.yahoo.com

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