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Politics : Peak Oil reality or Myth, of an out of Control System

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To: dvdw© who wrote (1214)12/29/2014 3:11:59 PM
From: dvdw© of 1580
 
The oil market is no longer about oil prices, because all prices, are artifacts, of prevailing systems intent. Going forward the reader needs to learn to focus on the part about prevailing systems intent…...

This piece details the decision making prowess of another oil patch, brazil…where politics enables bad decisions, corruption and a general lack of bandwidth.

ft.com

you can bet any amount, that the decision makers really did believe the internationals rhetoric that oil would be $200…and thus all the mal invested, mis appropriated capital could/would be hidden by the extrapolation of rising revenues and the largesse that would come with them.

sorry….my job is input…..leaderships world wide have done it again…where oil is concerned….failed to do anything accept go along with momentum, not recognizing that assumptions about that markets foundations, were based on false information.
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