Like the illusion of Wall Street, with its vast and powerful investment banks, now shuttered, China too is an illusion perpetuated by the Globalists that gave us the 15,000 mile Caesar salad, poisoned cat food and lead based paint on babies' pacifiers. Like the illusion that money would come from thin air to always push housing prices higher, China has spent a generation pursuing its illusion. Pursuing an unattainable dream to be like the West, while 6000 years of its carefully shepherded top soil blows into the sea.
Posted: Sun Jul 27, 2008 9:07 pm Post subject: What if Major Oil Fields were being Hidden from the Public?
Pure conjecture as I don't have anything to back up this. But what if there were major oil fields out there, already discovered and sitting in idle. Let's assume as well they have been kept hidden from the public. I'm not sure whether this is true or not but I do believe it is possible that a handful of major fields are being kept quiet on and will be opened in time.
Exploring the possibility of this of course would accept that there is a behind the scenes power structure with an agenda (i.e. the illumanati), for it would take considerable power to keep one or more major oilfields under the radar in this day and age.
There are motives for this. As known oil production goes into decline we will eventually hit the peak oil cliff. Opening major oil fields before this downslope could avert much disaster while still maintaining the global control structure and a large portion of society. Also, if one wanted to cause an immediete shift in geo-political circumstances, to persue a global agenda, opening a few major oil fields would surely do that (especially if they were outside of the middle east).
So I know this will probably attract some conspiracy hater comments though I think it is an interesting and valid discussion topic. _________________ Just look at us. Everything is backwards; everything is upside down. Doctors destory health, lawyers destroy justice, universities destroy knowledge, governments destroy freedom, the major media destroy information and religions destroy spirituality.
Joined: Mar 25, 2008 Posts: 890 Location: Alif Lam Mim
Posted: Sun Jul 27, 2008 9:33 pm Post subject: Re: What if Major Oil Fields were being Hidden from the Publ
Plenty of people believe this stuff. Lindsey Williams is probably making a killing off of those people. He claims that ANWR is enough to supply the entire US for 100+ years (or was it 200 years?). And plenty of other crazy stuff.
It's so highly doubtful that someone would have found very large fields (10 bln or greater) which is what would be needed to pump up the prices. Smaller fields would be of no use. You can pump a billion barrel field dry and you probably won't affect the wellhead price by more than a quarter at peak production. _________________ Riches are not from abundance of worldly goods, but from a contented mind.
Joined: Dec 02, 2007 Posts: 193 Location: Winnipeg, MB, Canada
Posted: Sun Jul 27, 2008 9:59 pm Post subject: Re: What if Major Oil Fields were being Hidden from the Publ
And if it were true and mysteriously tomorrow "a new field of eleventy billion barrels of oil is discovered and is pumping into a home and car near you" I would think the entire world would call shens on that.
Posted: Sun Jul 27, 2008 10:01 pm Post subject: Re: What if Major Oil Fields were being Hidden from the Publ
other conspiracy theory. I guess not. Because these fields would have to be explored, drilled etc. and you think no one takes care?
There would have been workers enginers and no one sells this great news to the newspaper? HIghly unlikely.
Posted: Sun Jul 27, 2008 10:21 pm Post subject: Re: What if Major Oil Fields were being Hidden from the Publ
I watched a doc. about Alaska the other day. Chevron has actually done one test well in ANWR. It is a tight well though, so they do not release any info that they found. They do a lot of these tight wells. Drill, then cap the well, and record the results, never releasing the info. So who knows, anything is possible. If they aren't pumping these wells though, it isn't going to do us any good
Joined: Jul 12, 2004 Posts: 184 Location: New Zealand
Posted: Sun Jul 27, 2008 11:30 pm Post subject: Re: What if Major Oil Fields were being Hidden from the Publ
Canargo, CNR, listed on Amex and in Oslo ( CNR.OL ) is sitting on up to 5 billion barrels in two discoveries but hedge funds who have bought heavily into the company have been manipulating the share price to scare off smaller investors so they can load up. Progress on oil flowing should be soon after a rights issue.
investorvillage.com is the place for research - check out peak_oil_investor's posts.
And yes, I have put my money where my mouth is.
Joined: Oct 18, 2004 Posts: 2130 Location: kiwibush
Posted: Sun Jul 27, 2008 11:32 pm Post subject: Re: What if Major Oil Fields were being Hidden from the Publ
The reasoning here is utterly stupid, yet it warrants a response if only to put this nonsense to rest. Now why would the owner of a valuable resource with the potential to generate him or her untold wealth in his/her rather brief lifespan, suppress that wealth vehicle. For the privilege of taking tea with the Illuminati? For the privilege of being able to use that exclusive handshake, or is it a wink or twitch.
No capitalist with half a brain is going to forego pleasure today for the possibility of an obscure handshake tomorrow. That's not how the system works. If there are any obscure clubs of ancient gentlemen lurking in the background, its more than likely somewhere these old doffers go to pass the time away for fear of boredom. _________________ Bugger me, I hear oil's runnin out mate!
Posted: Mon Jul 28, 2008 1:41 am Post subject: Re: What if Major Oil Fields were being Hidden from the Publ
americandream wrote:
For the privilege of taking tea with the Illuminati? For the privilege of being able to use that exclusive handshake, or is it a wink or twitch.
It's more like a knowing, the way darkness knows itself, the way cold knows itself. And so because of that the personal motive is out the door, wealth...please there are several million people on the planet today who could bankroll me at a million per year for life if it meant I would play the game, and that outlay would come out of the interest on their assets (most of which are hidden from view.) Remember Nelson Rockefeller's whole family was only worth a few million dollars when he testified during his Vice Presidential nomination hearing. It's amazing how they squandered JD's 700 million or so in 1888 dollars (probably the equivalent of 120 billion dollars today) in just 90 years. If they were that irresponsible do we really want them on the Trilateral Commission? There is more going on in the houses of the powerful than is apparent in the halls of government.
That being true I still doubt there is 400 billion barrels of easy chep oil in the Arctic. The geology seems unlikely to support it. But we have not considered Antarctica. That was once a warm place back in the Permian or something like that.
Again, will I ever know. Peak Oil is such a waste of time unless the die off happens in your lifetime. Are we going to pass off to our children the faith? 'It's not here yet son but you watch it will be coming anyday now. Make sure you keep a full root cellar and plenty of ammo.'
For a rather interesting note regarding elitism, have any of you ever googled 'Olivier Sarkozy'? 37 years old and already one of the hottest big deal men in the financial world. Pretty amazing, the Carlyle Group just hired him in March to help them with buy-outs. I think the name Sarkozy will be heard for a while.
Joined: Apr 06, 2006 Posts: 3626 Location: 3 miles NW of Champoeg, Republic of Cascadia
Posted: Mon Jul 28, 2008 2:24 am Post subject: Re: What if Major Oil Fields were being Hidden from the Publ
"Arctic oil" and "cheap"/"easy" are definitely terms that don't go together. Why muck about with UDW or polar oil or tar sands if they're sitting on easier to access fields? I agree with other that it doesn't jibe from the standpoint of simple economics.
IIRC even classified wells like the KIC in ANWR are filed with the SEC, too. Perhaps ROCKMAN will chime in here.
For the curious: Peak_Oil_Invest or _________________ Cogito, ergo non satis bibivi
C'mon man, who're you gonna believe?
Posted: Mon Jul 28, 2008 3:03 am Post subject: Re: What if Major Oil Fields were being Hidden from the Publ
mmasters wrote:
Pure conjecture as I don't have anything to back up this. But what if there were major oil fields out there, already discovered and sitting in idle.
Thanks to the internet, it is impossible to "hide" information in the traditional sense.
however...
It is possible to "obfuscate" information.
For example, a person can over-inflate the performance specs for an electric car and understate it's price. This information can spread like a virus as gullible people pick up on the information and spread it even further!
1) Information is being manipulated from the bottom and not the top.
2) Information is technically not "hidden" but instead the truth is buried beneath a stack of misinformation.
It is perfectly possible to fool 51% of the population and that's all that is needed in a democracy.
To answer the original Q: no
According to your theory it would require information to be "hidden" and that is impossible. There are too many people on this planet with a big mouth who can't stop talking. We live in a world where there's more people who want to talk rather than listen.
Posted: Mon Jul 28, 2008 5:50 am Post subject: Re: What if Major Oil Fields were being Hidden from the Publ
Sure Dude.
Most important: as far as any well drilled on federal leases all the data is given to the gov't at the time the well is drilled. It might be a "tite hole" for Chevron but that means that won't release the data to other companies. Also, virtual all lease have a time clock on them: you either declare the leases productive and began a development program or you loose your rights to whatever there. Pretty much true for most private minerals as well as federal. An even bigger reason to make any discovery known by a public company is their desperation to increase reserve volume. Even though the price spike has bumped cash flow way, Wall Street still measures a company's value more on increasing reserve volume...not $ value. That's a big reason you'll see more and more company/field acquisitions even at absurdly high prices: the public oils have no choice...increase reserve VOLUMES or die.
Sorry for the delayed answer: I generally don’t do PO or any oil on weekends….family time. About the only way to not go off the deep end these days.
Joined: Jun 18, 2008 Posts: 59 Location: Nth-East Oz
Posted: Mon Jul 28, 2008 8:46 am Post subject: Re: What if Major Oil fields were being hidden from the publ
Peleg wrote:
It is a possibility, but not likely given the way economies work. There is no historical precedent for it either.
There is no historical precedent for peak oil either but we all know it is true.
As to the general question there is enough evidence for me to prove beyond a reasonable doubt that society's direction overall is manipulated by a group wealthy insane elite. That being said I would not put anything past that realm of manipulation including many parts of peak oil related topics, even going so far as to spread information peak oil is a scam perpetuated by them so intelligent people like us will dismiss the whole idea of societal influences as crazy.
I'm just spouting my traditional rambling here, but one thing I do know when considering human limitations is to never deal in absolutes. Good and Bad _________________ "Your going to call off your rigorous investigation, or these guys are going to take your balls"
Posted: Mon Jul 28, 2008 9:25 am Post subject: Re: What if Major Oil Fields were being Hidden from the Publ
Big NO to this question. Why?
The NWO needs more time. We (USA) still havent lost our guns or been microchipped, We don't even have the NAU yet. True, all these are close, but I'd say there's still a 10 year window before the boot stomping begins in ernest.
And if TSHTF before the NWO is in place, they lose. Therefore it is in their interest to maintain business as usual until their plans are complete.
That is why this is such a pivotal time in our history. Mine, and yours. You see they are getting desperate, pushing their many agendas faster than normal. Fast enough that even the average person can SEE, if they lift their head and look. THEY ARE NOT BENEVOLENT.
Daily they test our complacency. When the next "big scare" comes along, will you finally question authority?
Fight globalism - Buy and live locally. Promote Ron Paul. _________________ "The future power is manpower"
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