The Story:
“It is highly probable that Russia’s continental shelf resources may enlarge by 1.2 million square kilometers outside the 200-mile economic zone in the Arctic Ocean. That area may contain 9-10 billion tons of energy resources,” said Natural Resources Ministry’s Institute of World Ocean Geology and Mineral Resources Director Prof. Valery Kamensky.
The Comment:
Everyone is jocking for position in the battle for control of the greatest field of resources to be harvested in this century. The arctic may contain 25% of the world energy resources. These are new resources, yet to be tapped. The oil companies and the Peak Oil promoters claim they haven’t found any new oil in 25 years. Oddly enough they don’t include the oil found off the coast of Brazil estimated to be as much as in Saudi Arabia (a lot), or the heavy oil of Canada (a very lot), or what they are expected to find in the Arctic (a ton).
It is odd that they don’t include ANY of the new finds and still base their peak theory only on existing reserves which by-the-way are projected to last for another 100 years in some cases. Furthermore, when investigating the sources of the data that support the Peak Oil theory, I could only find oil company source data. There is NO independent data available. Apparently, only the oil companies know for sure how much oil they have available to them, and they don’t let others do independent research on their reserves.
I am not suggesting that the oil companies are lying to us, but I am saying that the mouse is clearly in charge of the cheese.
Here is a question that needs answering. Everyone knows how outrageously profitable the oil business is, yet they haven’t built a single refinery in 20+ years. They also don’t seem to concerned about finding more oil. So it would appear that they are not reinvesting in this very profitable business. Instead they are taking all the profits and doing something else with them. So why???
I laugh and cry when the daily news asserts that “prices climbed to record highs today on concerns about supplies or refining capabilities.” But the thing that makes me the most mad is the common attitude that if you question the peak oil theory you are either an idiot or an enemy of humanity. The corporate owned media is brainwashing the entire population into thinking that if you challenge their story, you must be minimized. The most diabolic thing is that the people who reject legitimate discussion on the topic are those who are promoted as rationale and progressive by the establishment.
The thought control is evident in a few other areas such as the theory of evolution verses intelligent design(see the film Expelled), and Global Warming. Where are the forerunners and boat rockers who don’t mind asking the tough questions.
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