What increased oil supplies?
Oil inventorys are bloated, even with the government still filling the SPR.
How about the FACT that the world has discovered more oil in the last five years than in the last 20. That comes from Exxons CEO.
The Petrobras find in Brazil, the new Bakken numbers, the Jack field in the Gulf of Mexico, and the Oil sands in Canada- there is NO SHORTAGE OF OIL in our hemisphere!
There is just no push to expand refining capacity, or for the Oil companies to push for faster production growth- it's far, far, more profitable to inflate the paper financial markets and let the Bush-Cheney-Saudi Cartel leverage investments in the paper oil market, keep military tensions high- and hold the world hostage at prices nearly triple what they otherwise would be- while reaping hundreds of billions in windfall profits, by controling oil production.
How much money do you think is being skimmed out of Iraq? Pallets of cash, billions in physical cash missing, and billions more in black market oil being siphoned off.
It will end by 'them' creating a final global crisis in which we will end up with one currency, one central bank, one world court, and one new ruling monied & intellectual elite.
Ron |
