http://www.sgforums.com/forums/10/topics/320925 en-US 60 <p>further reading</p> <p>&nbsp;</p> <p><a href="http://www.vialls.com/wecontrolamerica/peakoil.html" rel="nofollow">Russia Proves 'Peak Oil' is a Misleading Zionist Scam&nbsp;</a></p> <p><img src= "http://www.vialls.com/wecontrolamerica/images/0_oilwar4.jpg" height="634" alt="" width="534" /></p> Sat, 14 Jun 2008 21:15:29 +0800 www.sgforums.com:10:320925:8166174 Melbournite http://www.sgforums.com/forums/10/topics/320925 <p><a href= "http://www.eia.doe.gov/emeu/cabs/Russia/Background.html" rel= "nofollow">Russia's Oil Boom After Discovering Abiotic Oil</a></p> <p>&nbsp;</p> <p><a href= "http://www.conspiracyplanet.com/channel.cfm?channelid=63&amp;amp;contentid=2097" rel="nofollow">'Peak Oil' Scam Unravels, Oil Reserves Increasing&nbsp;</a></p> <p><strong>Then came the surprise; it reversed itself and increased production to 13,000 barrels a day. Probable reserves have been increased to 400 million barrels from 60 million.<br /> <br /> <br /> <br /> The field appears to be filling from below and the crude coming up today is from a geological age different from the original crude, which leads to the speculation that the world has limitless supplies of petroleum.<br /> <br /></strong></p> Sat, 14 Jun 2008 21:10:17 +0800 www.sgforums.com:10:320925:8166170 Melbournite http://www.sgforums.com/forums/10/topics/320925 <p><a href= "http://www.prisonplanet.com/archives/peak_oil/index.htm" rel= "nofollow">http://www.prisonplanet.com/archives/peak_oil/index.htm</a></p> <p>&nbsp;</p> <p><em><strong>The Scientific evidence also flies in the face of the peak oil theory. Scientific research dating back over a hundred years, more recently updated in a Scientific Paper Published In 'Energia' suggests that oil is abiotic, not the product of long decayed biological matter.</strong></em> <strong>Oil, for better or for worse, is not a non-renewable resource. It, like coal, and natural gas, replenishes from sources within the mantle of earth.</strong></p> Sat, 14 Jun 2008 21:03:47 +0800 www.sgforums.com:10:320925:8166166 Melbournite http://www.sgforums.com/forums/10/topics/320925 <p>if u read about the controversial oil scam theory, it says that oil is a renewable source of energy.</p> Sat, 14 Jun 2008 21:01:28 +0800 www.sgforums.com:10:320925:8166165 Melbournite http://www.sgforums.com/forums/10/topics/320925 <p>Saudis will increase oil production.</p> <p><a href= "http://news.yahoo.com/s/afp/20080614/ts_afp/ussaudioil_080614031419" rel= "nofollow">http://news.yahoo.com/s/afp/20080614/ts_afp/ussaudioil_080614031419</a></p> <p>So.. we'll see.</p> Sat, 14 Jun 2008 13:18:52 +0800 www.sgforums.com:10:320925:8165608 jojobeach http://www.sgforums.com/forums/10/topics/320925 <p><strong>&nbsp;Why the Oil Price Is High</strong></p> <p>How to explain the oil price? Why is it so high? Are we running out? Are supplies disrupted, or is the high price a reflection of oil company greed or OPEC greed. Are Chavez and the Saudis conspiring against us? ...</p> <p><a href= "http://www.informationclearinghouse.info/article20072.htm" rel= "nofollow">http://www.informationclearinghouse.info/article20072.htm</a></p> <p><strong>Speculative capital catalyzes oil-price bubble</strong></p> <p><span>The Saudi Arabian government announced recently that it would host a conference inviting the world's prominent oil producers and consumers to have a discussion on runaway oil prices in the international market. On June 6, untamed crude oil prices hit another new high, closing at $138.54 a barrel. Goldman Sachs, a U.S. investment advisory institute, predicted that it would shoot up to $200 per barrel in the following two years.</span></p> <p><span>The skyrocketing oil prices do not showcase the essential relationship between demand and supply; instead, they are bubbles catalyzed by international speculative capital...</span></p> <p><a href= "http://english.people.com.cn/90001/90780/91421/6429833.html" rel= "nofollow">http://english.people.com.cn/90001/90780/91421/6429833.html</a></p> <p>&nbsp;</p> <p><strong>PERHAPS 60% OF TODAY'S OIL PRICE IS PURE SPECULATION</strong></p> <p>The price of crude oil today is not made according to any traditional relation of supply to demand. It’s controlled by an elaborate financial market system as well as by the four major Anglo-American oil companies. As much as 60% of today’s crude oil price is pure speculation driven by large trader banks and hedge funds. It has nothing to do with the convenient myths of Peak Oil. It has to do with control of oil and its price. How? ...</p> <p><a href= "http://www.engdahl.oilgeopolitics.net/Financial_Tsunami/Oil_Speculation/oil_speculation.HTM" rel= "nofollow">http://www.engdahl.oilgeopolitics.net/Financial_Tsunami/Oil_Speculation</a></p> <p><a href= "http://www.engdahl.oilgeopolitics.net/Financial_Tsunami/Oil_Speculation_II/oil_speculation_ii.html" rel= "nofollow">http://www.engdahl.oilgeopolitics.net/Financial_Tsunami/Oil_Speculation_II</a></p> <p>***</p> <p><strong>Malaysians march to protest fuel hike</strong></p> <p><a href= "http://ap.google.com/article/ALeqM5hOs_brEt1z9i941I6d9y915JLBywD91956MO0" rel="nofollow">http://ap.google.com/article/ALeqM5hOs_</a></p> <p><strong>&nbsp;One killed in Tunisian price riot</strong></p> <p><a href="http://news.bbc.co.uk/2/hi/business/7440897.stm" rel= "nofollow">http://news.bbc.co.uk/2/hi/business/7440897.stm</a></p> <p><strong>Fishermen Riot In Fuel Price Protest</strong></p> <p><a href= "http://news.sky.com/skynews/article/0,,30200-1318072,00.html" rel= "nofollow">http://news.sky.com/skynews/article/0,,30200-1318072</a></p> <p><strong>Oil has grounded airlines</strong></p> <p><a href="http://en.rian.ru/analysis/20080611/110202112.html" rel="nofollow">http://en.rian.ru/analysis/20080611/110202112.html</a></p> <p>&nbsp;</p> <p>&nbsp;</p> <p>&nbsp;</p> Sat, 14 Jun 2008 13:16:14 +0800 www.sgforums.com:10:320925:8165605 Poh Ah Pak http://www.sgforums.com/forums/10/topics/320925