Big Oil

[Gary Oak]

I have heard things about the oil industry and this quthors books look very interesting.

http://hendersonlefthook.wordpress.com/ ... -oil-game/

The Eight Families

[Blue Frost]

Lots of info to consider when supporting when buying gas in my opinion.
Do you know Henry Ford supported the Nazi Party till the war began, and I'm sure other industrialist did for the money.

[Gary Oak]

Now this is interesting. big Oil is also involved in the drug trade.

Big Oil

[Gary Oak]

When i was swabbing oil wells I was surprised to find out that crude oil actually is not environment unfriendly at all. If it spills on crops it actually fertilises to a degree.

http://motherboard.vice.com/read/earths ... cient-life

Earth's Deep Oil Reserves Are Teeming With Ancient Life
Written by MADDIE STONE
December 16, 2014 // 11:00 AM EST
Earth

[Blue Frost]

Fascinating stuff, and it's my guess some of the bacteria is what helps create the oil from the geological deposits in shell rock.
I would think the same gnome is world wide because the rock is in so many areas which they live in.
Also the old eating microbes that eat the oil is likely part of the ecosystem of oil.

[Gary Oak]

I had heard that OPEC and the USA conspired together to drop the price of oil to damage the Russian economy. Russia it was said needs the price of oil to be at least 90$ a barrel to stay afloat.

http://www.brookings.edu/research/opini ... opec-perry

January 14, 2015

The End of OPEC as We Have Known It is Here
By: George L. Perry

More...
Early last Fall, when oil prices had fallen by about $25 a barrel and it became clear the decline was more than a temporary blip, the big question was how far prices would fall. And that would depend on whether and when Saudi Arabia and its OPEC partners would support the world oil price by cutting their own production. By this winter, we had an answer. The Saudis have made it clear, by what they have said and what they have not done, that they want the U.S. and others to cut production before they do any cutting of their own. This is the end of the Organization of the Petroleum Exporting Countries as we have known it, and it will keep the global oil market chaotic for some time.

On Tuesday, oil prices fell further after the United Arab Emirates

[Blue Frost]

I saw on the news last month Russia had to call on it's fed to shell out money, and gold to stay afloat.
They are getting hit hard over the Ukraine invasion, but stable still.
opec will raise prices before the election is my guess if not after in November.
Would be a good time to buy stock maybe

[Gary Oak]

That is a very interesting idea.

[Blue Frost]

Stocks are down, but they always go up, especially if manipulated like they have been lately.
Also this plays some into Obamas plan to hurt our own production since he is an enemy of oil.

[Blue Frost]

Gas prices here went up yesterday about .20 a gallon by the way.

[Gary Oak]

I strongly suspect that Obama is an enemy of the USA just as Canada's Pierre Elliot Trudeau was an enemy of Canada and that they both have related controllers.

Stocks are down, but they always go up, especially if manipulated like they have been lately.
Also this plays some into Obamas plan to hurt our own production since he is an enemy of oil.

[Blue Frost]

I strongly suspect that Obama is an enemy of the USA just as Canada's Pierre Elliot Trudeau was an enemy of Canada and that they both have related controllers.

Stocks are down, but they always go up, especially if manipulated like they have been lately.
Also this plays some into Obamas plan to hurt our own production since he is an enemy of oil.

Obama is a Pan socialist, and not American at all in my opinion.
He openly admits to wanting a one world governing body, and wealth control. People just ignore the facts, his past, and his associates.

[Gary Oak]

I wonder if Alberta and Saskatchewan will be having earthquakes ? There hasn't been any yet that I have heard about. Maybe it's just a false alarm.

http://www.independent.co.uk/news/world ... 8524.htmld

[Blue Frost]

I think it might compromise the surrounding rock to an extent by relieving some pressure, and cause earthquakes to be worse from the fracturing.
Maybe a small earthquake that might have been unnoticed would be noticed.

[Gary Oak]

It's not surprising that in corrupt nations that big oil is able to get away with more. It is howeververy interesting to find out some of what exactly they are doing and/or trying to conceal.

http://www.salon.com/2015/04/06/big_oil ... resources/

[Gary Oak]

Big Oil’s Central Asian Mafia

Posted on 08/19/2014 | 1 Comment

https://hendersonlefthook.wordpress.com ... ian-mafia/

000030(Excerpted from Chapter 17: Caspian Sea Oil Grab: Big Oil & Their Bankers…)

According to Kurt Wulff of the oil investment firm McDep Associates, the Four Horsemen, romping in their new Far East pastures, saw asset increases from 1988-1994 as follows: Exxon Mobil- 54%, Chevron Texaco- 74%, Royal Dutch/Shell- 52% and BP Amoco- 54%. The Four Horsemen had more than doubled their collective assets in six short years.

This quantum leap in global power had everything to do with the takeover of the old Soviet oil patch and the subsequent impoverishment of its birthright owners.

While the Four Horsemen gorged on Russian and Central Asian oil, Wall Street investment bankers were facilitating the oil grab and ripping off the Russian Treasury.

Salomon Smith Barney’s Philbro Energy oil trading subsidiary set up shop in Moscow. Goldman Sachs was hired by Yeltsin to lure foreign capital to Russia. Heading the Russian Goldman Sachs team was Robert Rubin, later Clinton Secretary of Treasury & Citigroup CEO. CS First Boston took a 20% stake in Lukoil, in partnership with BP Amoco.

Russian Deputy Prime Minister Yegor Gaidar was in charge of Russia’s IMF-mandated economic reforms. Gaidar knew that the oil and gas sector was the key to Rubin’s plan. Russian opposition parties cried foul, saying US economists and the IMF were taking control of Russia’s economic and political system. In 1994 Clinton FBI Director Louis Freeh, flaunting Constitutional restraints, personally opened an FBI office in Moscow. [1]

In 1997 Freeh’s FBI led a half-hearted investigation into a growing conflict of interest scandal involving top-level Harvard economists who had been overseeing Russia’s privatization program in tandem with Rubin and Gaidar. Russia criticized the FBI probe, calling it a whitewash of the facts.

The controversy centered on the Harvard Institute for International Development (HIID), which ran several of Russia’s privatization schemes. HIID Directors Jonathan Hay and Jeffrey Sachs held investments in multinationals which benefited from an $89 million World Bank loan to Russia which HIID had arranged. Russia’s top securities regulator Dmitry Vasiliev spotted this and other irregularities, terminating HIID’s contract with the Russian government. [2] But not before the Wall Street investment bankers had looted the Russian Treasury, leading to the Russian economic collapse of 1998.

In 1999 the Bank of New York, which worked with CS First Boston in selling off Russian ownership in Lukoil, was indicted by a New York court for laundering over $10 billion in drug money for Russian mobsters, all of whom held Israeli passports. According to Dr. Aldo Milinkovich, consultant to numerous New York financial firms, “The Israelis have infiltrated and manipulated the post-Soviet economy in Russia in pretty much the same way they have infiltrated and now manipulate Washington and Wall Street.”[3]

At the center of the scandal was Bill Casey Hardy Boy Itzak “Bruce” Rappaport. He set up clearing affiliate Benex, which laundered drug money for three wealthy Russian/Israeli bankers.

Mikhail Khodorkovsky was one of the wealthiest people in Russia. He ran Menatep Bank until it was shut down. In November 2003, Russian President Vladimir Putin ordered a crackdown on Khodorkovsky, relieving him of his controlling share in Yukos Oil.

Shlomo Mogulevich has been called the “Meyer Lansky of Russia” and was described by US law enforcement as a major arms and drugs trafficker.

Konstantin Kagalovsky was in charge of doling out IMF/World Bank funding to the Yeltsin government. [4] All three held Israeli citizenship.

Rappaport, the National Bank of Oman crony, began buying Bank of New York shares during the 1980’s. He set up Bank of New York-Intermaritime in Geneva. The company owns Swiss American Holdings, SA Panama, which the US government identified as key to a 1998 money laundering scandal involving Antigua Prime Minister John Fitzgerald. [5]

Rappaport arranged US financing for purchase of an Antigua melon farm by an Israeli Mossad agent named Sarafati. The Israeli Defense Ministry funneled arms through Rappaport and Sarafati’s farm to Columbian cocaine kingpin and death squad godfather Jose Gonzalo Rodriguez Gacha. Mossad and British commandos trained Medellin Cartel death squads in a CIA program funded by President Reagan’s much-touted Project Democracy.

The Panamanian ship Sea Point that delivered Gacha his weapons was owned by CIA’s hand-picked Panamanian President Guillermo Endara, who was installed after the Noriega putsch. In 1989 that same ship had been busted off the Mexican coast carrying a massive shipment of cocaine. Endara and Gacha co-owned the Panamanian drug laundry Banco Interoceanico. [6]

Corruption was the modus operandi during the economic privatization of Russia, the Caucuses and Eastern Europe. In 1996 Ukraine’s government-owned aircraft factory sold a small fleet of Antonov-32B twin-engine turboprops to Columbia cocaine cartels. [7] In 1997 Pratt & Whitney, subsidiary of US defense giant United Technologies, was fined $14.8 million for diverting $10 million in US military aid into a slush fund controlled by Israeli Air Force officer Rami Dotan. Saudi billionaire Sulaiman Olayan owned a big chunk of United Technologies, as did James Baker. The slush fund was used for CIA/Mossad destabilization efforts in Central Asia. [8]

A 1997 Russian FSB report cited Alfa Group for involvement in drug trafficking. Top company executives had met with representatives of the Cali Cartel. The report stated that Alfa worked with a Chechen crime family, which was in charge of the drug smuggling. An Alfa Group subsidiary is Tyumen Oil, which teamed up with Brown & Root in an oil and gas development project that received ExIm Bank financing. [9] Brown & Root is a subsidiary of Halliburton, where Dick Cheney was Chairman and CEO at the time.

In mid-February 2001 Alfa Group bought Marc Rich Holdings from its namesake fugitive Israeli financier. Rich, who has since died, lived in Switzerland after being pardoned by President Clinton as he exited the White House. Rich is an associate of Rappaport.

Halliburton and its subsidiaries received $3.8 billion in federal contracts and taxpayer-insured loans from 1996-2000. [10] On July 9, 2002, amidst a tidal wave of corporate accounting scandals, the Washington D.C.-based Judicial Watch filed suit in Dallas charging Cheney and other Halliburton directors with making millions selling stock options while cooking the Halliburton books just before the company’s share price plummeted. The SEC announced its own investigation of Halliburton the same day, but nothing came of it.

Chechen Drug Lords

As Saudi Taliban backer Sheik Khalid bin Mahfouz’ Nimir Petroleum dug into Kazakhstan oil fields with Chevron Texaco, the Unocal-led Centgas was offering to pay the Afghan Taliban government $100 million a year to run their pipeline across Afghanistan in a deal orchestrated by Unocal adviser Hamid Karzai- now Afghanistan’s President. Centgas arranged high-level meetings in Washington between Taliban officials and the State Department via Unocal insider and President Bush Jr. NSA Zalmay M. Khalilzad, now US Ambassador to US-occupied Iraq. In 2005 Chevron Texaco bought Unocal.

Bush blocked US Secret Service investigations into US-based al-Qaeda terrorist sleeper cells while he continued to negotiate secretly with Taliban officials. The last meeting was in August 2001 just five weeks before 911. Bush Administration and Saudi officials offered aid to the Taliban to seal the Four Horsemen deal, telling the Islamists, “You either accept our offer of a carpet of gold, or we bury you under a carpet of bombs.”[11]

In 1997 Zbigniew Brzezinski, graying but not straying from his role as go-between for the international banking houses and their global intelligence networks, wrote The Grand Chessboard: American Primacy and its Geopolitical Imperatives. In his book the BP Amoco board member suggested that the key to global power lies in the control of Eurasia and that the “key to controlling Eurasia is controlling the Central Asian Republics”. He singled out Uzbekistan as key to controlling Central Asia.

In 1999 a series of explosions rocked the Uzbek capital of Tashkent. Islamic al-Qaeda-trained militants were to blame. The rebels, who call themselves the Islamic Party of Turkistan, attempted to assassinate socialist President Islam Karimov. They attacked the fertile Fergana Valley in an attempt to disrupt harvests and the Uzbek food supply, Pink Plan-style. Two years earlier Enron had attempted to negotiate a $2 billion deal with the Uzbek state-owned Neftegas with help from the Bush White House. [12]

When that effort and other privatization attempts were rebuffed in 1998 by Tashkent, the Islamist attacks on Uzbekistan were ratcheted up. After the “carpet of bombs” began raining down on neighboring Afghanistan in October 2001, Uzbekistan, along with neighbors Kyrgyzstan and Tajikistan, was soon sporting new US military bases. In 2005 Kyrgyzstan’s President Askar Akayev was deposed in the “Tulip Revolution”. Within days Donald Rumsfeld was meeting with the new leaders. [13]

The timing of both Brzezinski’s book and Bush Administration threats to the Taliban are instructive since both occurred prior to the 911 attacks, the perfect pretext for the massive Central Asian intervention that Brzezinski, Bush and their Illuminati bosses were advocating.

Dr. Johannes Koeppel, former German Defense Ministry official and adviser to NATO Secretary General Manfred Werner, explained of this rash of “coincidences” in November 2001, “The interests behind the Bush Administration, such as the Council on Foreign Relations, the Trilateral Commission and the Bilderberger Group, have prepared for and are now implementing open world dictatorship (which will be established) within the next five years. They are not fighting against terrorists. They are fighting against citizens.”

Central Asia came to produce 75% of the world’s opium just as the Four Horsemen and their CIA guard dogs were moving into the region. While the US issues humiliating certifications to judge countries on their ability to stop drug traffic, Big Oil produces 90% of the chemicals needed to process cocaine and heroin, which CIA surrogates grow, process and distribute. CIA chemists were the first to produce heroin.

As Ecuadorian Presidential Candidate Manuel Salgado put it, “This world order which professes the cult of opulence and the growing economic power of illegal drugs, doesn’t allow for any frontal attack aimed at destroying narco-trafficking because that business, which moves $400 billion annually, is far too important for the leading nations of world power to eliminate. The US…punishes those countries which don’t do enough to fight against drugs, whereas their CIA boys have built paradises of corruption throughout the world with the drug profits.”[14]

The Afghan “paradise of corruption” yielded 4,600 metric tons of opium in 1998-1999. When the Taliban cracked down on opium production poppy fields bloomed to the north where CIA/ISI-sponsored Islamists were fighting in Tajikistan, Uzbekistan, Chechnya, Dagestan and Kashmir. Pakistani writer Ahmed Rashid says the Saudis paid the moving bill. [15]

The US had harassed socialist India for decades, using Kashmiri fundamentalists based in Pakistan. It was no coincidence that the proposed Enron pipeline to their Dabhol, India white elephant was to run right through the heart of Kashmir.

Ever since Russian Foreign Minister Yevgeny Primakov proposed a “strategic triangle” between India, Russia and China as a counterbalance to “US global hegemony” in 1998, US establishment think tanks have been scratching their heads at how to derail the idea. The Harvard-linked Olin Institute proposed attacking India, the weakest part of the triangle.

Not content with the Polish Solidarist-led grab of Eastern Europe and the partitioning of Soviet Central Asian republics, the CFR/Bilderberger crowd now used mujahadeen surrogates to further squeeze Russia.

In 1994 35,000 Chechen fighters were trained at Amir Muawia camp in Afghanistan’s Khost Province, the camp Osama bin Laden built for the CIA. In July 1994 Chechen Commander Shamil Basayev graduated from Amir Muawia and was sent to advanced guerrilla tactics camp at Markazi-i-Dawar, Pakistan. There he met with Pakistani ISI officials, who have historically excelled at carrying out the CIA’s dirty laundry. [16] The other Chechen rebel Commander was Saudi-born Emir al-Khattab.

The Chechen Islamists took over a big chunk of the Golden Crescent heroin trade, working with Chechen crime families affiliated with the Russian Alfa Group that did business with Halliburton. They also had ties to the Albanian heroin labs being run by the NATO-backed Kosovo Liberation Army.

A Russian FSB report stated that the Chechens began buying real estate in Kosovo in 1997, just prior to the US-led partition of Kosovo from Yugoslavia. Chechen Commander Emir al-Khattab set up guerrilla camps to train KLA Albanian rebels. The camps were funded by the heroin trade, prostitution rings and counterfeiting. Recruits were invited by Chechen Commander Shamil Basayev and funded by the House of Saud Muslim Brotherhood Islamic Relief Organization. [17]

On September 20, 2002, after emerging from a White House meeting on Iraq with President Bush, Russian Foreign Minister Igor Ivanov dodged all questions regarding another round of US harassment targeting Iraq. Instead he stated that the al Qaeda-trained Chechen rebels still targeting his country were being given safe-haven by the closest US ally in Central Asia- the government of Georgia.

In 2003 the National Endowment for Democracy & other CIA-front NGOs sponsored the phony Rose Revolution, which brought IMF stooge Mikheil Saakashvili to power in Georgia. The Four Horsemen’s strategic Baku-Tblisi-Ceyhan pipeline would eventually run right through the Georgian capital Tblisi.

A month later Chechen rebels strapped with explosives entered a Moscow theater, taking hundreds hostage. The timing was interesting, since the Russians were refusing to go along with Bush’s plans to invade Iraq. Nearly 200 people died after Russian Special Forces stormed in to overtake the Chechens. The US news media, fixated on al Qaeda’s every move just months earlier, ignored the link between the Chechens and their bin Laden-led cohorts. Instead they blamed the Russians. A week after the incident Chechen warlord Shamil Basayev claimed responsibility for the siege on a rebel website. [18] Kremlin officials saw Basayev’s comments as a smokescreen to protect Chechnya’s elected leader Aslan Maskhadov, who was on his way to Sweden to take part in a conference on Chechnya. Basayev was killed in Ingushetia in July 2006.

For all the hoopla over the Caspian Sea oil bonanza and after all the CIA-bred carnage wrought upon the region of Central Asia and the Russian Republic on behalf of the Four Horsemen, the huge deposits of black gold may not materialize.

According to BP’s Statistical Review of World Energy 2003, the two countries which Big Oil had counted on to become the next Saudi Arabia – Azerbaijan and Kazakhstan – have proven oil reserves of only 63 billion and 26 billion barrels, respectively. The report also stated that Russia itself, torn asunder by Big Oil and their spooks, possessed a mere 22 billion barrels of crude reserves. It is also possible that BP is lying, using the phony “peak oil” shortage argument to rationalize gauging consumers.

Whatever the case, tired of Four Horsemen scams, since 2005 a now wide awake Russia has been steadily re-nationalizing its energy sector.

[Gary Oak]

If this is true then many middle east muslim nations economies will crash. Canada and Russia will feel the pinch too.

A stunning breakthrough in chemical engineering has unleashed a massive supply of fuel...

Enough fuel, in fact, to power the entire globe for over 36,000 years.

This fuel is so revolutionary, it's poised to decimate Big Oil's obscene profits, make OPEC obsolete, and hand the United States 100% energy independence.

In fact, the U.S. Department of Defense just invested $7 billion in a single day...

Apple, Google, and Facebook are spending billions racing to implement this technology.

And billionaires like Bill Gates and Warren Buffett are going all in.

The International Energy Agency predicts $48 trillion could soon flow into this sector, making it the #1 source of energy on the planet.

The incredible thing is, it all starts with a tiny grain of sand...


http://moneymorning.com/ext/articles/ne ... nufwkbo-gl

[Gary Oak]

The big oil cartels seem to be in trouble these days.

Guess What Happened The Last Time The Price Of Oil Plunged Below 38 Dollars A Barrel?

December 08, 2015

By Michael Snyder

On Monday, the price of U.S. oil dropped below 38 dollars a barrel for the first time in six years. The last time the price of oil was this low, the global financial system was melting down and the U.S. economy was experiencing the worst recession that it had seen since the Great Depression of the 1930s.

As I write this article, the price of U.S. oil is sitting at $37.65. For months, I have been warning that the crash in the price of oil would be extremely deflationary and would have severe consequences for the global economy. Nations such as Japan, Canada, Brazil and Russia have already plunged into recession, and more than half of all major global stock market indexes are down at least 10 percent year to date.

The first major global financial crisis since 2009 has begun, and things are only going to get worse as we head into 2016.

The global head of oil research at Societe Generale, Mike Wittner, says that his “head is spinning” after the stunning drop in the price of oil on Monday. Just like during the last financial crisis, we have broken the psychologically important 40 dollar barrier, and there are concerns that we could go much lower from here…

One analyst told CNBC that he believes that we could soon see the price of U.S. oil go all the way down to 32 dollars a barrel…

“We’re in a tug-of-war between a heavily shorted market and a glut of oil in the U.S. and globally, as Saudi Arabia continues to produce oil at elevated levels to maintain market share,” said Chris Jarvis at Caprock Risk Management, an energy markets consultancy in Frederick, Maryland.

“Couple this with a strengthening dollar as the market anticipates a U.S. rate hike this month, oil is heading lower with a near term target of $32 for WTI.”

Analysts at Goldman Sachs are even more pessimistic than that. According to Business Insider, they are saying that we could eventually see the price of oil go below 20 dollars a barrel…

At OPEC’s meeting on Friday, member countries decided to set its production level at 31.5 million barrels per day, and did not agree on what the new limit should be.

After OPEC’s meeting, commodity strategists at Goldman put out a note saying that oil prices could plunge another 50% in the coming months, as the oil market tries to rebalance the supply and demand situation.

That may sound really good to you, especially if you fill up your gas tank frequently. But the truth is that plunging oil prices are exceedingly bad for the U.S. economy as a whole.

In recent years, the energy industry has been the primary engine for the creation of good jobs in this country, and now those firms are having to lay off people at a frightening pace. Not only that, CNBC’s Jim Cramer is warning that many of these firms may actually start going under if the price of oil doesn’t start going back up soon…

“This is not ‘longer and lower;’ this is ‘longer and much lower.’ There’s companies that are not going to be able to fund with futures; there’re companies that are not going to be able to get credit,” Cramer said on “Squawk on the Street.”

Cramer made his remarks after the Organization of the Petroleum Exporting Countries decided not to lower production on Friday.

“This was a devastating blow for the U.S. oil industry,” Cramer said.

On Monday, we witnessed another benchmark that we have not seen since the last financial crisis.

I watch a high yield bond ETF known as JNK very closely. On Monday, JNK broke below 35 for the first time since the financial crisis of 2008. Just like 40 dollar oil, this is a key psychological barrier.

So why is this important?

As I discussed last week, junk bonds crashed before stocks did in 2008, and now it is happening again. If form holds true, we should expect U.S. stocks to start tumbling significantly very shortly.

Meanwhile, another notable expert has come forward with a troubling forecast for the global economy in 2016. Just like Citigroup, Raoul Pal believes that there is a very significant chance that we will see a recession next year…

Former global macro fund manager Raoul Pal says there’s now a 65% chance of a global recession.

In July, Pal predicted that the Institute of Supply Management’s (ISM) manufacturing index would break the key level of 50 late in 2015.

On December 1, the ISM broke the 50 level for the first time since the 2008 recession, reaching 48.6.

“I use the ISM as a guide to the global business cycle, not just the US cycle,” Pal told Business Insider.

What amazes me is that so many people out there cannot see what is happening even though the next great crisis has already started. The evidence is all around us, and yet so many choose to be willingly blind.

Instead of fixing our problems after the last crisis, we just papered them over with lots of money printing and lots more debt. And of course all of this manipulation just made our long-term problems even worse. I really like how Peter Schiff put it recently…

What’s happening is pretty much what we would anticipate. I don’t see from the data any real economic recovery, certainly not in the United States.

We’re spending more money, but it’s not because we’re generating more wealth. We’re generating more debt. We’re using that borrowed money to consume and so temporarily it feels that we’re wealthier because we get to spend all that money… but we have to come to terms with paying the bill.

The bills are going to come due. Right now interest rates are being kept at zero which makes it possible to service the debt even though it’s impossible to repay it… at least we can service it. But once interest rates go up then we can’t even service it let alone repay it.

And then the party is going to come to an end.

Indeed – the party is coming to an end, and a new financial crisis is playing out in textbook fashion right in front of our eyes.

Hopefully you are already prepared for what is coming next, because it is going to be extremely painful for the U.S. economy

Read more at http://www.prophecynewswatch.com/2015/D ... Buclgus.99

[Blue Frost]

Gas prices went up here last night, but there isn't a reason for it. Saudi tankers are anchored off Texas filled to the brim just idling there.
The price is down for a reason, it's the middle east, and Obama trying to stop the Keystone project, and American drilling.
Right now Alberta is suffering from the glut.

[Blue Frost]

I posted this the other day in the news thread sad stuff.