Peeps here is the “One Trillion Pound Fact” about oil drilling that the ‘corporate media’ deliberately avoids telling you.
Oil drilled on US land or territorial waters DOES NOT go exclusively to the US.
There is NO US LAW that mandates that this happens.
Big Oil has consistently BLOCKED any such law.
The Alaskan pipeline oil that is flowing right now is primarily going to Japan!! You think that the brain-addled ‘drill-baby-drill’ crowd would know this?? Of course not; they are morons!!
Big Oil works in conjunction with the OPEC cartel to “manage” the price of oil by controlling the flow. Exxon/Mobil, British Petroleum (BP), Chevron, Royal Dutch etc. collude with Hugo Chavez (Venezuela), Muammar Qaddafi (Libya), The Saudis, Mahmoud Ahmadinejad (Iran), Nigeria, Putin (Russia), etc. to maintain oil prices on the world market. They laugh their asses off at the ‘drill-baby-drill’ crowd as they cruise the planet on their GulfStream private jets.
The second largest owner of <s>FOX</s> FAKE News after Murdoch is Saudi Billionaire Prince Alwaleed Bin Talal.
Alwaleed flies around in a private jet palace with a crew of fifteen hand picked beautiful Ho’s. His plane makes President Obama’s Air Force One look like a toy plane.
It is a $485 million custom Airbus A380.
Check it out!
Until the congress can develop a spine and legislate tough safety regulations and a comprehensive domestic energy policy the Big Oil boys and their international partners will continue to rape & pillage American citizens wallets, their eco-systems and the environment.
In Russia when Big Oil cartel member Exxon/ Mobil tried to buy YUKOS OIL from Russian oligarch Mikhail Khodorkovsky who was CEO of YUKOS, Putin had Khodorkovsky arrested and voided the sale. Putin’s position was essentially “don’t bring that free market shit here” it’s Russian oil, it’s Russian national sovereignty at stake, No foreign oil company is going to own our biggest oil company. Khodorkovsky was arrested in 2003, he is still in jail. Putin showed more backbone than any US congress has ever shown against the International Oil Mafia.
The OPEC oil cartel and non- OPEC member major oil producers act in a similar fashion to the diamond cartel. What does this mean? The South African- Israeli dominated diamond cartel has millions of diamonds locked away in vaults. Diamonds are NOT rare. Just one example. The ancient coastal desert beaches of the African country Namibia are littered with tons of diamonds. If diamonds are not rare, how are diamond prices maintained? They are maintained by the diamond cartel which releases finished diamonds judiciously from their massive vaults in Europe in order to control the price. No member of the diamond cartel would openly flood the world diamond market with stones causing the diamond price to precipitously drop; because that would not be in their best long term financial interest.
DAMN!
After reading this post, it's like I just watched a documentary on oil policy over the last century.
How the hell do you know all this? And, did you write all this yourself? Are you in the oil industry or something? This is like something you would read from Matt Simmons, Chris Martenson, or Jim Rogers.
The info on how the diamond cartels methods of market control are well known.
I guess the comparison between diamonds and oil had never been made to me before.
Whites seem to always want to fix prices once they realize there is a profit to be had.
They create a guild, or bar, or trust, or union, or whatever to block competition, restrict supply, and raise prices.
Whites do it with...
oil (7 Sisters/3 Sisters),
diamonds (DeBeers),
credit (Federal Reserve, IMF),
banking (Goldman Sachs, JP Morgan, Chase, Citicorp, BofA)
food (Monsanto, ADM)
media (AT&T, Disney, TimeWarner, Viacom)
transportation (Big 3)
Whites HATE and DESPISE competition and open markets.
I wonder if it's in their blood?
First, oil rigs have very low rates of failure.
I guess the comparison between diamonds and oil had never been made to me before.
Whites seem to always want to fix prices once they realize there is a profit to be had.
They create a guild, or bar, or trust, or union, or whatever to block competition, restrict supply, and raise prices.
Whites do it with...
oil (7 Sisters/3 Sisters),
diamonds (DeBeers),
credit (Federal Reserve, IMF),
banking (Goldman Sachs, JP Morgan, Chase, Citicorp, BofA)
food (Monsanto, ADM)
media (AT&T, Disney, TimeWarner, Viacom)
transportation (Big 3)
Whites HATE and DESPISE competition and open markets.
I wonder if it's in their blood?
99.9998% of Americans fail to make the link between their personal behavior and disasters such as the gulf oil spill. Americans have bigger cars and drive further per capita than any people on earth. We walk the least, build are homes further from population centers and make no serious public transportation policies. When a president tries to institute a suggestion of an energy policy, it is resisted as socialism and the take over of the private market place.
Originally Posted by muckraker10021
Now back to the oil cartel. The oil cartel operates in the same fashion as the diamond cartel, going all the way back to the Rockefeller family Standard Oil Trusts of the late 19th – early 20th century. By 1882 Rockefeller controlled 90% of the United States oil market. Rockefeller controlled the production distribution and price of oil. Complete vertical and horizontal integration. President Teddy Roosevelt and others broke up the Standard Oil Trust but that didn’t stop the split companies from acting together in the same fashion as the original huge trust. The severed companies acted together as a big Oil Oligarchy. Read the Sampson book The Seven Sisters for the complete history.