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Black Gold

by Twi
(Aberystwyth)

Almost all the products we use have involved oil during manufacturing at one point or another.

Look at how many plastic items are currently around you. Where does the energy come from that powers your computer? Even a car, which consumes oil derived products for fuel, actually needs 20 barrels of oil to make all those plastic parts.

Oil extraction is big business. We all know that. So there’s nothing new here. Those who control the oil, control the wealth and potential stability of the world.

The oil itself has formed over 400 million years – mostly from the prehistoric Carboniferous forests that covered the globe. The world of 400 Million BCE – where the atmosphere topped 40% Oxygen, and where insects and arachnids were over a meter in length. Lightning storms in Carboniferous world resulted in huge bush fires – fuelled by the large percentage of Oxygen in the air. It was a beautiful, yet dangerous place to live.

Like all great Eras of Prehistory, the great Carboniferous Rainforests met their end. Some trees rotted into the soil, becoming first coal, and then later great lakes of oil deep underground as the bacteria got to work.
Thanks to these giant insects, and thousands of square miles of forests, that viscous black liquid they’ve been turned into has become the very fabric of global society. Humanity can’t possibly imagine the world without it. What would we do? Where would all the plastic come from for all our prepackaged frozen GM-ready mind-numbing junk food for starters.

With so much of that black liquid being extracted, one does have to ask the simple, but rather logical question, is there actually enough? At some point we’re bound to run out. What then and when?

The answer is always going to hard to calculate. Ask the question in public, and you’ll have self proclaimed ‘experts’ conjuring all sorts of dates and numbers. ‘Based on current global consumption, world oil reserves will be in sharp decline by… ‘ tends to be the standard line. With the date ranging from 2020 – 2040. Others, of course, will give different dates (though using the same data).

Surely though, you’d think at least some of these ‘experts’ would question what would happen if demand was to increase? You might even be bold to suggest asking where that data came from. It’s easy to see how many barrels of oil are sold in a single day – but what about the oil left beneath the ground. How do they know how much is actually left?

A bit of research into how oil is found will no doubt lead you to descriptions of satellite thermal imaging of oil fields. The imaging gives an indication of the size of the oil reservoir beneath the drilling platform or oil field. It is with these images that certain ‘experts’ are able to calculate how much is left. The ones doing the calculation are, of course, working for their respective oil companies. The companies want to be told there’s lots of oil down there. Or at least, that’s what they’ll say to the rest of the world…

The entire global economy is based on oil. So long as supply and demand are met, everything works according to plan. The problem arises, of course, when the gap between supply and demand narrows or (worse) the demand grows to outstrip supply.

When demand is greater than supply, the price of the commodity (in this case oil) increases. It’s not rocket science here – just common economic sense. With a world economy so dependent on the flow of oil, it’s easy to see that the economy itself is going to be extremely sensitive to the supply. The result is massive increases in the price of oil, and hence fuel, followed by a global recession/depression.

Ah, wait a minute. Are we not supposed to be in a recession right now? At least that’s what those blue-suits and their lackeys will tell you, whilst wining and dining in 5 star restaurants on tax payer’s expense.

To compensate, the world’s fifth largest oil exporter, Saudi Arabia, has increased oil exports. In public they say this is to match the shortfall from the loss of supply from Libya. In public the Saudis are saying they have more than enough oil, and more reserves are being found all the time.

Breath everyone. We’re all safe. The Kingdom of Saudi Arabia has an infinite supply and enough oil for all. The Al-Saud family has saved us once again!

So, how come then, over the last ten years Saudi Arabia has been buying up more ‘deep extraction’ equipment? Perhaps someone can also explain to me why thermal imaging of the Ghawar Oil Field has shown a vastly depleted reserve.

Deep extraction is a costly process, generally only employed when you need to get that last bit out of the well. It’s like drinking a pint of beer. Go on drinking it and eventually the glass will run out. At the end, you might suck that last foamy drop from the bottom. Hard work isn’t it – especially when you’ve just learnt the barrel is empty and the pub’s sold out. Deep extraction is like pulling that last drop from the glass.

A bit of research into the question of Saudi oil reserves will bring up a wealth of articles. Here’s an example of such an article.

GO TO - Arabia is running out of oil

The bottom line is, Saudi Arabia’s oil is going to run out sooner than many expect. What is Saudi Arabia going to do? Currently, the Al-Saud family have been bribing the population to prevent a major uprising. Tempers are growing short there. It’s only a matter of time.
Until recently, Saudi Arabia has generally kept to itself. So long as the oil flows, the world (and in particular the US) have left this kingdom alone. This is despite possessing some of the worst human rights in the world – all a product of the un-Islamic laws passed by the Al-Saud family. You’d think that a nation which houses the two most sacred sites of Islam (Mecca and Medina) would show a little respect for the religion. Pity then that this is not a world of logic. Insanity and inherent lunacy are commonplace in aristocracies – and the Saudi royals are no exception.

In the last six months, we have seen Saudi Arabian tanks enter the streets of Bahrain in what was a blatant invasion. In all the while, the US fifth fleet, which is based on the tiny island, did nothing to assist the people of Bahrain in their fight for freedom. Call my cynical here, but what would have been the response had it been Iranian tanks rolling through the streets in support of the uprising?
A little while later, Libya and then Syria blew their tops. Whilst the Libyan regime was quickly pounded by NATO aircraft in an invasion cunningly disguised as a ‘no fly zone’, Al-Assad’s regime in Syria continue slaughtering hundreds, and displacing entire urban populations – pushing them north into Turkey. The UN passed sanctions of course, drawing up a list of Syrian heads of state whose assets were to be frozen. The list, for some curious reason, did not include Assad himself. Questions were raised, but no one appeared to be available for comment. Very strange. It’s almost like Assad was secretly being propped up by the US.

With the threat of Saudi running out of oil, the US had to get another supply. Gadaffi had outlived his usefulness. Libya had oil, and Gadaffi had amassed a personal wealth of 330 billion. An oil field and 330billion in cash – the temptation must have been too much for those Blue-suits. His wealth was subsequently seized and the country invaded as they took the bait.
330 billion, now that’s a lot of money. That’d help build a few more schools and hospitals. Perhaps it could even be distributed amongst the Libyan people. Ah no, wait a minute, that money has been seized by the FED. Fat chance of it going to where it should.

As events in Syria were beginning to unfold and demonstrators were taking to the streets. There were whispers, rumours, and strange stories from ‘locals’ who spoke about arms being shipped in from across the border with Jordan. It got absolutely no attention from media (even Al-Jazeera missed the significance of that one). Suddenly, the demonstrators had become ‘armed rebels’ and the entire Syrian population was arming itself to the teeth.
An entirely armed population? That was a bit of an exaggeration. Visitors in Syria, and those who live there, will tell you not everyone carries a gun.
I will say this though, that indeed there are rebel forces that have taken up arms. Where they received these arms from is perhaps a darker story, which I will leave for another article. I do urge though to look at a map, and see what country marks Jordan’s southern border.
The Al-Saud family are rapidly showing their declining usefulness to the CIA and NWO cause. With their oil running out, they need to prove themselves by other means. What better way than to serve US and Israeli interests in destabilising Syria. What a great CIA dream to be realised – a Syria-Jordan-Israel-Saudi Alliance against Iran.
Pity for them it’s not going all according to plan. As Saudi Arabia runs out of oil, so too will it’s wealth. When that happens, there’ll be no more bribes for a frustrated population and Saudi too will blow. And when the people attain their freedom who are they going to thank, and who, perhaps, do you think they’ll blame for supporting their oppressors for so long.


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Black Gold

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Jun 20, 2011
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Self Sufficiency
by: Rick S.

Libya's plans for self sufficiency did not go well for those who would control the world. Libya was well suited to doing just what it planned. Demanding real money instead of the flaky western currency was only part of the plan. Gaddafi planned to produce his own food as well as supply water to his neighbors. Check out this article:

GO TO - Virtually unknown in the West: Libya's water resources. The real reason for toppling Quadaffi?

An in-depth article on the subject of the gold dinar and the effect Gaddafi's plans had on his being attacked by Europe and the US can be read here:

GO TO - The Real Reason Why We Went Into Libya?

The combination of unlimited water resources and the dissing of that flaky paper currency that we westerners are so addicted to condemned the man with the plan.

Other countries (China, Russia, Iran) are begging off the dollar but some of them can bomb back so they are safe from the encroaching cancer of the power brokers. Also some, especially China, are hurting for good clean water. Libya had it all but will now suffer the ravages of bigger, more "advanced" countries.

Jun 20, 2011
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Petro-dollar
by: Twi

Hi Rick, WG,

Agreed... Gadaffi's call for trading oil in a currency other than the US dollar provoked the PTB. Exactly similar to the real reason Saddam Hussein was bombed.
However, (and to back up WG's comment), Saudi is almost out of oil and will run dry next year. The US and global economic system will need Libyan oil. Not to mention the strategic location of Libya in that it borders Algeria - another major oil exporter.
The Libyan invasion had been planned for quite a while - as far back as the 1980's.

Obama is a pawn to the blue-suits and is just obeying orders - much like those before him. Well, that's the way I see it anyway.

The first Gulf war in 1991 was triggered because Kuwait was stealing Iraqi oil. Drilling platforms close to the border were actually drilling at an angle, so the Kuwaitis were able to extract oil from Iraqi territory.
Kuwait itself was a protectorate created by the British empire. Once the war was underway, the PTB spread a lie about Iraq threatening to invade Saudi Arabia. Iraqi tanks were supposedly massing along the Saudi border - yet satellite images of the region revealed nothing - not even a burned out wreck.
After a ceasefire, there were many who wanted to oust Saddam - believing the US should have 'finished the job'.

Syrian people took to the streets to demand greater political freedoms. They were not calling for the downfall of Assad. The blue-suits seized the opportunity by hijacking the protests, and arming small groups with weapons supplied from KSA. Behind the scenes, Syria has become the battlefield for two opposing agendas. The Syrian people are unfortunately caught up in the middle of it all. The 'agendas' will now seek to split the people along sectarian grounds so they fight amongst themselves.

Iran's location puts it in an ideal location for future oil resource. The ancient forest that covered the Arabian peninsula extended across the Persian Gulf and into Iran. I suspect Iran has a lot of untapped oil reserves - making that nation vital for the blue-suit agenda.

Iran, of course, is also one of the strategic keys to Central Asia.

Twi


Jun 19, 2011
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The Real Reason Libya got bombed
by: Rick S.

You state: "With the threat of Saudi running out of oil, the US had to get another supply."

With Libya supplying less than 3% of the world's oil I don't think that the US is concerned about replacing Libya's oil supply. Of that less than 3% the US is getting about 0.5%, the bulk of it going to Europe. China gets about 3% of that less than 3%.

So it's hard to believe that this illegal war is about oil. It would more likely be over Libya's water resources or perhaps it was Gadhafi's plan to reject the dollar and euro in favor of the gold dinar. Libya's use of the Libyan dinar had already upset the powers that be. He went against the big boys and got busted. This attack on Libya puts the world on notice: "Don't screw with us or we will bomb you to smithereens." The US was involved because Obama is at the forefront of the New World Order. He doesn't give orders, he takes orders. He's just a pimp. Everything about him is suspect from his birth to his education to his affiliation with the CIA.

He's a huckster street organizer from Chicago. Anyone else with those credentials would have been laughed off the ballot box.

WG:

Levi has made plenty of comments on Libya. Check past recent blogs and you'll see Gadaffi was main man in demanding gold for oil instead of falling US Dollar. The PTB Bankers will lose all power if they cant keep the Petro-Dollar.

Saddam was doing same thats why they took him out.

Iran etc wont accept dollar either. Thats why they keep threatening them and using secret nukes as an excuse same as Iraqs none existent WMDs.

Libya is strategic for war.

If Arabia kicks off the oil wont get past Iran sv then the US etc will need Libyan oil.

You really must up with Libya because more going on than you think.

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