The Supply and Demand stories that surround oil are the most blatant of lies, there are millions of logic puzzles in the world, and although i have not solved them all, I was doing something else the other day when a similar analogy was presented for something I was after. I was then that I realised every single treasurer was a liar, every single oil producer was a liar, the President of the united states, the prime minister of Australia, all advised by these people.
Stupidly overlooked by all including myself,
I will show you how to see this blatant lie.
A farmer supplies a town with potatoes in sacks, (barrels of oil)
The town has 60 people who would like a sack of potatoes each week.
He grows 50 sacks per week, so all are sold and supply is a little less than demand so he gets 60 dollars a sack (barrel)
Then he gets a call from the Chinese saying hey, we decided we like fries too, so we would like 60 sacks of potatoes a week.
Now demand has doubled, just as our oil demand has "doubled in 18 months" excuse me (cough BULLSHIT) so the farmer doubles the price per sack
Yet when I go to the Chinese house they are eating fries, the townsfolk still have and are using the same amount of potatoes they always had. So if supply is not meeting demand how come no one is starving, or did china shut down and I had not noticed??
Everyone is still being fed, so how is supply not meeting demand.
Number one thing you learn in business, is that the first profits cover you base costs that are always there even when you sell nothing, when you make a profit, and then double sales, your costs do not double so your price to produce per item "falls"
So how is it that the cost of oil has gone up? There is clearly no lack of supply, the cost like every business in the world goes down with increased production, so how does it double?
Filthy scum politicians who know that they get more tax dollars if the price stays high, so they do not intervene. It’s the we get well paid so screw you attitude.
My fav one of all is the fact you cannot make crude oil from bio products, it has never been done, even though they can reproduce the time and pressure, shit we can make diamonds this way, which is harder than oil. I read an article from a geologist that said the planet produces it the same as shale oil, ever see a ground collapse in the last hundred years??? weird, tens of thousands of giant empty caverns where the oil used to be and not one collapse? wow talk about good luck. Even stranger, they talk about compressing and storing carbon emissions in natural underground caverns, aren’t all old oil wells leading down to giant "empty" caverns.
Let’s just take this by volume. Iran number 3 or 4 producer in the world alone, if 1 cubic litre is empty space, now start doing barrels per day from these countries over the last 20 years???????????????????
That would make the entire Arab area, sitting on a cavern or series of empty caverns larger than the above ground land mass.
Also remember the theory of dino oil comes from a single event covering the earth or those parts so there is vegetation to produce the oil.
Now take all existing life and plants and turn it into liquid, not compressed oil product, just liquid within it. What is it they say, if we turned all the trees into ethanol, we could run the planet for between a week and a month????
And this oil which would equate to around 100 tons to 1 even as vegetable oil, the entire coverage of bio life on the planet could not be made to what we have even used in a year!
You never wonder why shale oil “is” oil? not formed from dino death? same chemical makeup when released from the shale??
Wake up people, not possible by the volume of plant matter at any given time, and not possible by cavern volume of supposed empty space after it is pumped out.
Fear is what rules the world not truth.
Some said there was a higher demand because countries like china were stockpiling, I think many people forget that stockpiles are counted and kill oil futures trading and lower the price.
http://www.youtube.com/watch?v=zrjlVPVwD1I&feature=related
http://www.youtube.com/watch?v=R7KyFF8ja7Y&feature=related
Even if you believed oil is limited, the thread below shows what is known and available.
This shows known reserves over usage, you can alter figures of usage to match today’s usage, there is over a hundred years of oil left even based on know reserves, much less unknown reserves. So if there is no threat of running out within the remaining timeframe where oil will even exist as a primary fuel source even if it was fossil, what is it worth? Nothing!!! Even as an investor this is clearly a dud, so when they all get caught with their pants down (shortly) it will be good to see the shattered lives of those who in turn destroyed so many lives with the cost of this filth.
http://internationaltrade.suite101.com/article.cfm/most_powerful_oil_countries
30 million barrels a day x 208 litres per barrel = 6,240,000,000 million litres
1000 litres neatly equals 1 cubic metre
so that is 6,240,000 cubic meters of empty cavern space underground every day, x 10 days = 62,400,000 cubic meters of empty cavern space underground
x 36 for one year = 2,246,400,000 cubic meters per year
a hole 30 meters deep or a hundred feet x 2000 meters long or 2 kilometer x 2000 meters wide = the CBD size of almost ever major city in the world.
How many cubic meters is that? 120,000,000 cubic meters or a hole the size of New York city a hundred feet deep every 20 days
30 million barrels a day "is" less than the average over the last 20 years.
The current volume is almost that size hole every day, either we are sitting on caverns capable of having the surface of the earth collapse, or we are sitting on oil reserves the planet itself keeps refilling. So what happens to it if we did not pump it? Shale oil, or rock – all matter under compression eventually solidifies.
Today is the 27th of June 2008.
Today is a perfect example of lies fueled by complete idiots or people who are paid by the governments and oil groups.
The Bloomberg senior staff are either paid by oil companies or are dumber than a 10 year old. Last night the oil jumped aorund 5 dollars.
Question 1) did anything happen? NO
2) did anyone suddenly put in an order for a billion barrels of oil? NO
3) Did all the senior Bloomberg staff and all government officials say for the last month, "speculation is only a small part of it, it is supply and demand" YES and YES
The reason the oil jumped was the one oil producer threatend to lower production if the US imposed sanctions against it "Libya"
Has Libya done anything yet? NO
So they are speculating it may happen? yes
So if nothing actually happened and no increase in demand happened over night the there "IS" only speculation.
It is 100 percent of the reason for most price increases, and a 10 year old could work that out. They are the facts and they are undisputed.
Bloomberg senior staff advising on you money?? I would re-think that option.
The government we know are liars and schemers so we expect them to let situations get way out of control, otherwise how can they play the savior card to show how much we need them?
So one could reasonably conclude that if Bloomberg is the worlds number one monetary advisor, and it is their scare mongering of facts that are untrue, it could be reasonably said that they, if not the primary contributer to the price of oil are a large part of it. When you cannot feed you family for fuel and heating costs, or buy your children the things you desperately need. Think Bloomberg.
Although at the expense of the entire world, we at least see Mr Bush put in his place, The president of Libya has more power than Bush, that being said it seems the Arabs finally realise they do control the world, no doubt Iran will play the next card and so on. If you think crime is high now, give it a week or two (had our own number plates stolen yesterday for a petrol drive off) Too bad I use LPG seems like an easy 150 dollars for the average poor person. 200 dollars a barrel is riots and civil war, until a new government outside mainstream and has OPEC and stockmarket oil trading is outlawed. I'm pretty good at this game of what happens next. 6pm 27 June.
29 June live on bloomberg:
Analyst: Gheit, Fadel, EPS Est. Accuracy: 5 Stars. Broker: Oppenheimer & Co.
States June 29 2008 that in the last year oil demand has not even risen to what was expected much less doubled, and that it is entirely speculation. Told you I was good at this game, it is simply puzzles and pieces and being able to see base logic, same as why the machine worked, what the majority says is true is not always the case.
Think about this, A guy, me, proves physics wrong perpetual motion machines become part of the every day, the worlds toughest physics puzzle is solved, no doubt if I was to say something incorrect people would still believe it as true, why wouldn’t they? A smart guy rewrites Galileo objects in motion as his own, wow, genius, he then rewrites Archimedes Calculus as his own, wow super genius, he then sets down laws of thermodynamics as if he was God and of course everyone believes him. Unfortunately what makes it so much worse in his case, was he himself did not discover the first two and history has shown us this is true, so you are listening to a man who was a great teacher, I will never remove that from him, but he was simply a teacher of the works of others, he was great a joining the dots, but was no discoverer of any new dots at all, there is no conservation of energy, if there is, it must equally apply to the energy stored within a magnet and to gravity as being a source of energy each as capable of being harnessed as every other form of energy
July 1 2008 Bloomberg " Oil rises amid Iran supply concern"
Oh yeah who's the man !
Forget U.S trading laws being bought in, the Arabs buy their own stock and they control the fear stories of short supply. The U.S government wants oil, why do you think they helped the car makers sue California over the electric car and make them produce hybrids not electric cars now, with no fuel there is no tax, and for the U.S alone that is trillions of dollars. Want a market tip? Buy coffee, I gave this tip 2 months ago, but it still has a long way to go, Asian countries have started consuming it, now that is supply and demand. You want to buy filth, buy gas it has uses electricity can't reproduce. Coal will be toast first.
Next call? Within the next 12 months, probably much sooner, Qatar, Bahrain, Dubai who know what is coming with the future of oil are diversifying their income for the future, when you have spent so much time in one industry and the world is going to change where do you put all your blood money? Bank is no good currencies will fall. Me? I would target the world gold and silver reserves in actual item not stocks, Sterling and Fort Knox gold used to be the measure of a nation for their currency, so too when markets destabilize it will come full circle again. Watch for Arabic mine investments. He who has the goods to back up their currency over falling paper will be in control.
So if we look at "actual court footage of the U.S Federal government, General Motors and all those that opposed the electric Car and the laws to keep it there, the ruling was that the car companies fraudulently claimed the public would be better off as hydrogen technology was very advanced and that they expected this to be the new clean energy, and further that it would be available to the public at service stations. well there seem to be only a few token stations as were first put in as a gimmick, no cars for sale and no court order upheld, based on the information put before the court. In any event the court case was rigged. think about one basic fact, the courts case was about the California law to make car makers produce a percentage of enviro vehicles, if the hydrogen was so close, why was the ruling not the other way, in other words, the California law at the time was only a percentage requirement, not a type of car, the hydrogen car would simply replace the other "as it was so close" and they could have binned the electric car anyway. but the court knew it was not close and that the US economy would suffer if they lost all that revenue from oil.
Talk about a backfire, the U.S economy is nearly bankrupt, most figures are worse than the depression and getting worse by the minute, people are finding it hard to pay for fuel now, the average rent is 250 -300 per week, the average fuel bill for petrol is 100 - 150 per week, unlike the corporate giants wage earners pay tax, so their gross income is not what they take home, the average take home is 600 per week, or 20 dollars per hour gross. when ai say average, i mean based on the average person not the national wage averaged over corporate people.
Oil at 200 to 250 a barrel??? never, not without all the expensive suburbs and cities being burnt to the ground by starving people, and these average people are the majority. One thing about petrol is that it will never be too expensive for those famous cocktails.
George Bush, good move on the electric car, your country would now be the largest supplier of vehicles in the world and the only economy not in trouble. Good to see General Motors at the verge of bankruptcy today, at least they got a karmatic kick in the teeth. bye bye GM (scumbags) What a legacy georgie boy, murdered hundreds of thousands of people in a country that did nothing to you, bankrupt your own country, and wiped out your biggest car manufacturer, illegally held people in prison without trial over the legal timeframe on US soil (yes The bay is US soil according to US law and all military and government facilities being classed as US soil by law, even navy Ships at sea come under this law, thus protection by the constitution) 6 months to present an indictment is law. and then a trial in a timely manner, it is not the problem of the person being held if you don’t have the facilities. You are a war criminal, you are an international criminal based on human rights violations. And on behalf of those many who died protecting the Geneva convention and all that it stood for, to call it quaint and outdated so that you could torture people, makes you the greatest filth to have ever lived, Hitler had nothing on you, and that is how you will be remembered, a financially inept war criminal and scumbag
