Saturday, March 22, 2008

Peak Oil - Oil and Gas * Energy * News * Story - CNBC.com

For anyone who heard the chairman of Shell oil state : Don't worry trust us. We got plenty of oil. Here is Matt Simon's response which was not shown on CNBC. So who cares? We'll the next time you are watching the funny numbers going faster and higher at your local Shell station. You just might wonder who's side is Shell on? This is simple minded but it works.... if we see it on CNBC. One of the problems with this empty theory of Shell's is the world population is ascending at about a 80 degree incline. And the oil geologist are stating most of the worlds major fields are falling off in production at a significant rate. And that happens to be why 85 million BBL's a day seems to be the ceiling for world production. A no problem.... do nothing energy policy is exactly what they want. Their is no problem, its a perfect world. It's just those malcontents and if they would just shut up we could go on robbing and pillaging the remaining natural resources of this plant. end silent quote.
The other theory i like is: As the oil fields empty out from our world wide pumping. Some miracle takes place in the entrails of the earth and the crude oil fields then begin to refill. Has it happen? We'll no! But what's that matter as it's what people would like to believe and if we say it often enough they will believe anything. Ask Gobbles if it didn't work for the Nazis.

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