After World War II – during which Royal Dutch Shell Chairman Sir Henry Deterding loudly supported the Nazis, while Exxon and Texaco collaborated with the Nazi I.G. Farben combine – the Four Horsemen turned their full attention to the Middle East. There the cartel operated under names like Iranian Consortium, Iraqi Petroleum Company and ARAMCO.
With the rise of the Organization of Petroleum Exporting Countries (OPEC) as a producer cartel, the companies devised increasingly sophisticated ways to diminish OPEC’s collective bargaining ability.
Nationalistic governments were destabilized, discredited and overthrown by the CIA at the behest of Big Oil. Henry Kissinger set up his International Energy Agency (IEA), which the French called a machine de guerre.
Both Nixon’s Twin Pillars Policy and Reagan’s Gulf Cooperation Council (GCC) were efforts to divide OPEC between wealthy banker nations and poor industrializing nations, with the Saudis playing the key role of swing producer in both schemes.
As oil trader George Perk once commented of the Four Horsemen/Saudi relationship, “The oil markets are not free markets. Oil company officials bribe officials in Saudi Arabia. They only get into the market for a fix.”
While we struggle as a nation to stay on our feet despite the mismanagement of our national debt and the number of people sliding into poverty as a result of fascism, one of the greatest scams of all times has unfolded right before our very eyes. This scam only slightly more disgusting than the global warming/climate change/man-made climate change, or whatever the current and ever changing buzzword is this week to describe “weather” patterns. Now we have “dependence on foreign oil”….Yep! That’s the one!
One of the greatest all-time scams perpetrated by the oil cartels and our government is the idea that we do not produce enough gas and oil products to make us energy independent. The fact is, we do and we always have.
According to various reports, the export of fuel in 2011 from U.S. refiners topped the markets at 117 million gallons per day of gasoline, diesel, jet fuel and other petroleum products, up from 40 million gallons per day a decade earlier. For the first time in our history gas and oil EXPORTS were the top of the export list although they have been in the top ten exports for years!
Wait a minute! I thought we needed to drill more! I thought we didn’t have enough gas and oil produced domestically for us to be independent from foreign oil imports! But we got 117 million gallons of refined fuels to ship out to other countries every single day of the week? 365 days a year?
Sen. Paul questions the Department of Energy's commitment to protecting consumer choice during consideration of Appliance/Light Bulb Energy-Efficiency Legislation.
The only reason U.S. citizens may be forced to endure a risky, Canadian-owned oil pipeline called Keystone XL is so oil companies with billion-dollar profits can get the dirty oil from Canada's tar sands down to the Gulf of Mexico to export to Europe, Latin America or Asia.
With four times as many oil rigs pumping domestic oil today than eight years ago and declining domestic demand, the United States is awash in oil. In fact, the U.S. exports more oil than it imports, according to the U.S. Energy Information Administration - and has done so for nearly two decades.
The country's oil industry is primarily interested in who will pay the most on the global marketplace. They call that "energy security" when it suits, but in reality it is "oil company security" through maximising profits, say energy experts like Steve Kretzman of Oil Change International, an NGO that researches the links between oil, gas and coal companies and governments.
The only reason U.S. citizens may be forced to endure a risky, Canadian-owned oil pipeline called Keystone XL is so oil companies with billion-dollar profits can get the dirty oil from Canada's tar sands down to the Gulf of Mexico to export to Europe, Latin America or Asia, according to a new report by Oil Change International released Wednesday.
"Keystone XL will not lessen U.S. dependence on foreign oil, but rather transport Canadian oil to American refineries for export to overseas markets," concludes the report, titled "Exporting Energy Security".
Following Barack Obama’s vow to “bankrupt” the coal power industry, Americans are set to be hit with a wave of utility bill hikes as draconian EPA regulations drive up the cost of energy while General Electric, one of Obama’s biggest campaign donors, gets a waiver and is completely exempt.
New EPA rules dictate that utility companies will be forced to spend an initial outlay of $800 million dollars to conform with the regulations that mandate “harmful” emissions be reduced under the Clean Air Act.
Groups like the Edison Electric Institute warn that the new rules eventually “cost utilities up to $129 billion and force them to retire one-fifth of coal capacity,” prompting a wave of coal plant shutdowns.
The new rules will exacerbate the problem of rolling blackouts, warns Donna Nelson, head of the Texas Public Utility Commission.
“I have no doubt in my mind that this rule will result in reliability issues and rolling outages in Texas,” Nelson said.
All this will of course lead to significantly higher utility bills for U.S. citizens, who are being assaulted with more expenses even as the threat of a double-dip recession lowers living standards and the devalued dollar buys less and less each day while food stamp usage hits record highs.
For years, the industry in the US has refused to declare what toxic chemicals it uses during fracking, a policy that has bred public mistrust and accusations of pollution
By Guy Adams in Los Angeles and Jonathan Brown The Independant
As the spiritual home of big oil, Texas may fairly be seen to be to environmentalism what its official food, chilli con carne, is to vegetarianism.
But that hasn't stopped the state becoming the first corner of America to require energy firms to disclose information about the chemicals they are pumping into the ground in order to release natural gas during the hugely controversial process of "hydraulic fracking".
The Lone Star state's Governor, Rick Perry, quietly signed a law last week which forces gas companies to publish a list of the 600 or so substances they add to a mixture of water and sand during the process. This mixture then gets fired deep underground at high pressure to release deposits of gas locked up in formations of shale and other rocks.
For years, the industry in the US has refused to declare what toxic chemicals it uses during fracking, saying that to do so would amount to revealing trade secrets. But that policy has bred public mistrust, with the industry accused of contaminating local water supplies and creating other environmental hazards.
Defkalion Announces Energy Catalyzer Press Conference
Defkalion Green Technologies, who has world rights (minus Americas and military) to sell, distribute, and license Andrea Rossi's E-Cat (Energy Catalyzer), recently sent out invitations to certain individuals to attend a press conference about the technology on June 23 in Greece.
By now, most people following exotic energy breakthroughs have read about Andrea Rossi's E-Cat (Energy Catalyzer) cold fusion technology. It utilizes nickel powder, hydrogen gas, an undisclosed catalyst, heat, and pressure to produce large amounts of energy. The technology is capable of producing over 4 kilowatts of thermal power from a reactor vessel only fifty cubic centimeters in volume (about he size of your fist). Cold fusion research has been ongoing for two decades, and there have been thousands of successful experiments. However, Andrea Rossi's technology is the most promising cold fusion technology yet to emerge.
Andrea Rossi's company Leonardo Corporation has licensed the technology to the Greek company Defkalion Green Technologies Inc., with sole purpose to sell, license, and manufacture industrialized commercially applicable products using the Andrea Rossi Energy Catalyzer with global exclusivity rights; except the Americas. Defkalion has recently sent out invitations to certain individuals to attend a press conference about the technology on June 23, 2011.
Under probing questioning by Senator Cantwell, Exxon Mobil CEO Rex W. Tillerson admitted that oil should be $60-70 dollars a barrel based on supply and demand:
Some of the increase in price above this “supply and demand” level price is due to companies using futures contracts to lock in oil prices to ensure certainty (which is a valid business purpose).
Obama Energy Secretary Steven Chu has launched the next phase of the White House’s publicly stated agenda to bankrupt the coal industry via EPA regulations after announcing the prospect of “massive” coal plant closures even as Texas and other states suffer rolling blackouts as a result of maxed-out power plants that cannot cope with demand.
The Obama administration’s strict enforcement of draconian EPA regulations has led to new clean-burning coal-fired plants being mothballed and other existing ones being shut down, which has in turn led to Texas and other states becoming energy-dependent, leading to shortages and blackouts exacerbated by freezing temperatures.
Despite White House Communications Director Dan Pfeiffer’s brazen lie in claiming that the blackouts are solely a result of “mechanical failures,” the Electric Reliability Council of Texas, the agency that oversees the state’s power, confirmed this morning that the threat of blackouts was ongoing as a result of a “maxed out grid”.
When first presented in 1989 cold fusion was quickly dismissed as junk science. But, as Scott Pelley reports, there's renewed buzz among scientists that cold fusion could lead to monumental breakthroughs in energy production.
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Sen. Paul questions the Department of Energy's commitment to protecting consumer choice during consideration of Appliance/Light Bulb Energy-Efficiency Legislation.
As the spiritual home of big oil, Texas may fairly be seen to be to environmentalism what its official food, chilli con carne, is to vegetarianism. 
