Some people say the price of oil is controled by some speculators. And according to the silence on this subject, no gov’t knows who these speculators are and how/why they manage the price of oil.

There s’mthing wrong here. Is this mystery s’mwhat akin to bankgangster scheme?
Another mystery appears that oil producers have not increased sale of oil as it was rising from ?17$ a barrel to $140. The oil countries cld have reaped $tns in extra moneys.
And especially in the view that uncle says to charge for anything as much
as buyer is willing to pay?
We can’t blame ‘jews’ for this. They have no oil! Unless, of course, ‘jews’ now are uncle sam; and sam can do whatever he wants.

http://www.energybulletin.net/node/2423

The US peaked in 1970. No one denies this fact. It is simple and becomes stark when up against US oil consumption which would deplete within a few years if we depended on it alone.

Globally there have been no oil fields comparable to Saudi Arabia in several decades.

Unless you understand the consumption side all of this means nothing. If we did not consume oil a the massive rates we do, and need to given the civilization we’ve created, than peak oil would be meaningless.

It takes putting oil availability (with the physics that makes it cost effective or not), increased global production of oil based goods, and expotential consumption needs to understand what is meant by peak oil. Each without understanding the interconnectedness of it all makes for an ignornant understanding of the problem.

The data is readily available and you can ignore it or come to grips with it.

(sorry I hurt your “feelings” Deadbeat. B99, dan e and you are virtual malcontents…and you are welcome to your virtual friendship. I prefer mine in the flesh and blood…and that’s going just fine, thank you very much.)

As I’ve said, and will once more, peak oil is a physical reality. Oil speculators and the market (Wall Street) TREAT oil as a Commodity not as a nonrenewable resource; that is they DO NOT treat it as if peak oil exists. Got it? (Why do I bother?)

The issue is NOT whether the commodity traders treat oil as a renewable or non-renewable resource. The issue is whether you have facts to prove that the PLANET has reached a PEAK in oil production. Which you have stated in the PAST that you believe but have yet offer NO definitive EVIDENCE to support that contention.

All you ever do is PONTIFICATE your own BELIEFS without any FACTS or EVIDENCE to support your contentions. Then when your “RELIGION” is CHALLENGED you throw out AD HOMINEMS attacks and with distorted OUT OF CONTEXT retorts.

I’m not the first one to call you on your bullshit Max. Both B99 & DanE has. The problem is Max your advocacy and arguments are full of holes and contradictions and you tend to IGNORE information that doesn’t reckon with your beliefs. It is you Max who is unenlightened because you’d rather spew arguments that essentially maintains the status quo disguised shrouded progressive sounding rhetoric.

If you need that translated let us know maybe someone speaks “incoherent”. You, and to some extent, dan e are arguing with NOTHING I’m saying except you don’t “BELIEVE” in Peak Oil. So, DON’T believe. It really is unimportant. I don’t care if you believe in black magic or crystals or whatever.

Until you or someone else present DATA and EVIDENCE that Peak Oil is a reality then I have to QUESTION your agenda in bring up an issue that you have no evidence or empirical data to support. The Peak Oil canard only became popular during the Bush years because oil prices rose and the Peak Oil snake oil sales folks tried to correlate raising oil prices to “dwindling” supply. Even you MAX posted links to those quotes right here on DV. So you bought into the BULLSHIT hook, line and sinker and you are PISSED that I called you on it.

The facts is that the OPEC and especially the Saudi’s INCREASED their production all the while oil prices ROSE. Which means that the Peak Oil evangelists were WRONG. Prices was totally disconnected from SUPPLY and DEMAND. That left the SPECULATORS controlling the prices NOT SUPPLY. The speculators drove the price up out of FEAR due to the U.S. involvement in IRAQ. However Max that goes against your ardent desire of DENIAL (and in fact protection) of ZIONISM’s influence upon U.S. foreign policy. A position you have held steadfastly ever since you showed up here on the DV forum.

The peak oil CANARD is being used by the “WAR FOR OIL” faction of the so-called Left to as usual divert attention away from Zionism. Yet again we see why the “LEFT” is in such a pathetic state of discombobulation.

You need to go elsewhere to sell your snake oil Max.

Goood Morning,

Well it’s Monday and how are things going in Europe and Asia this morning? I see Gordon Brown to give a speech on climate change and here in the greatest nation on Earth well strangeness seems to be settling over the land, I always’ wanted to say that. We have the balloon boy drama and last night on CNN the young reporter Don Lemon said the media was manipulated. Do you not find that amazing because I think he really believes that the media was manipulated and not the other way around. How about at CNBC do you ever now and then feel that you are being manipulated by outside forces, no just myth still make a good book. To me the best strangeness I saw and heard was on Fox News the Huckabee show. He was talking about the climate bill here in the States and had on a few guests who of course were not trying to manipulated but fair and balanced. One of the guests was Steve Forbes wow what a thinker that man is as he said we need to put new asphalt on the roads in our cities and let business the free market handle the climate problem such wisdom. Remember freedom work’s and no manipulation there. Well Huckabee at the end of the little talk on climate change said you think the health care bill was different get ready because in a few months, weeks this climate bill will come up and that will really hurt your pocket book and the debate will start. A debate is it or is it something called thought control. No that’s just myth again as1984 was just a book fiction and who would ever think of using media to control people’s thought’s with illusion of knowledge while using stone age thinking never happen. I have on the TV and I just heard Good Morning American will go with the whole duped, manipulated by the balloon, fascinating and strangeness that Orwell I am sure would watch with pure amazement. Get ready as one of two things is going to happen in the next year face the problem or more illusion on a grade scale, strangeness. Our choice.

Don

As I’ve said, and will once more, peak oil is a physical reality. Oil speculators and the market (Wall Street) TREAT oil as a Commodity not as a nonrenewable resource; that is they DO NOT treat it as if peak oil exists. Got it? (Why do I bother?)

If you need that translated let us know maybe someone speaks “incoherent”. You, and to some extent, dan e are arguing with NOTHING I’m saying except you don’t “BELIEVE” in Peak Oil. So, DON’T believe. It really is unimportant. I don’t care if you believe in black magic or crystals or whatever.

First, I’m saying that oil is treated like a commodity by those who price it on the market. There is nothing that decouples commodities from speculation. Since Saudi’s play games with prices, that does not mean that oil is not treated as a commodity.

But none of this makes sense to you because you would rather argue than understand. You’ll search high and low for some shred of nonsense to try and make some kind of baseless case.

Didn’t you know Zionists created oil and invented the USA…it’s all in the little book you’ve been reading.

You know Max I never have to take you out of context. I can always rebut your silly ass directly by including the FULL context of YOUR shitty arguments and perspectives. As Marx says Capitalism turns EVERYTHING into a commodity. The POINT is EXACTLY how prices is set becuase Dan E response was directly to the silliness of the Peak Oil argument which BTW you have defended and I have rebutted on several occasion. In fact it was not too long ago that you posted a like to one of the reverees of “Peak Oil” who gloated that the raising price of oil in 2008 was due to Peak Oil. Clearly your source is non mum since oil prices have retreated from its 2007 “peak”.

You know Max I never have to take you out of context. I can always rebut your silly ass directly by including the FULL context of shitty arguments and perspectives. As Marx says Capitalism turns EVERYTHING into a commodity. The POINT is EXACTLY how prices is set becuase Dan E response was directly to the silliness of the Peak Oil argument which BTW you have defended and I have rebutted on several occasion. In fact it was not too long ago that you posted a like to one of the reverees of “Peak Oil” who gloated that the raising price of oil in 2008 was due to Peak Oil. Clearly your source is non mum since oil prices have retreated from its 2007 “peak”.

The very reason for the price spike was due to not only the commodification of oil but due to the MONOPOLIZATION of the pricings that is very much controlled by the speculative trading in the commodity MARKETS. Something you choose to ignore.

The so-called “Left” jumped on the “Peak Oil” bandwagon to once again divert attention from ZIONIST influence that was behind the War ON Iraq to the good old standby “War for Oil” canard. Peak oil is total BULLSHIT and your argument regarding Iraq’s reserves is a non-sequitar. The premise is not whether Iraq will run out of oil but whether the PLANET is. Thus your conclusion doesn’t fit the premise. According to Dan E argument there are other source of oil elsewhere and whether the PLANET is running out is debatable. So then the question is what is the agenda fo those making this crappy and silly argument. I see there agenda as yet another attempt to continue their false framing of the war in the middle east as a “WAR FOR OIL”.

Also Max taking about IGNORANCE perhaps you should look up the definition of the word COMMODITY:

In the broadest sense, a commodity is anything that has value, from watches to time to oranges. In a more specific market sense, however, a commodity is an item which is roughly the same market value across the board, with no difference based on quality. Watches, for examples, are not market commodities, because a well-crafted, artisan watch might cost a hundred times as much as a cheap, lower-quality watch. Copper, on the other hand, is always roughly the same price at a given time, because copper is always copper.

However we do know that oil is NOT priced based on supply and demand. It has been reported that the Saudi’s INCREASED production while priced ROSE. This disconnect in price was due to speculation and the bidding up of the price of oil because of U.S. involvement in Iraq and the threat of U.S./Israel attack on Iran.

Since the Republican lost the 2008 election and Obama pretended to want to withdraw from Iraq the markets relaxed prices dropped. I would expect oil prices to rise not because of peak oil but becuase Obama still has troop in Iraq and wants to esculate the war on Afghanistan & Pakistan and the continued sabre-rattling against Iran. All of which benefits the “junior partner” — Israel.

I once read somewhere, I think a comment here, that gee, ain’t it funny that millions can be slaughtered, our entire planet polluted beyond inhabitability, etc, etc. but yet so little is said, or only a lot said by a small number of committed people. BUT, they messed with our whole money, consumption, disposable materialistic addictions! Millions mobilized to shout the ole: Hang ‘em!

Weird threshold, eh?

Anyway, it is my opinion that it was an orchestrated “calamity”. It was crafted cong before, in order that, as the Rham-bo says “Never let a crisis go to waste” In other words that wasn’t the result, the “change” is yet to come. It was the set-up for something much worse. I predict it won’t be the change so many believe(d) in.

House, food, ore prices rise and fall but never by seven-fold as oil does. When oil rises in a span of a yr by two- to seven-fold and apples by 50% a different governmental supervision is appied to the two items.

If price of bread wld rise, people wld raise it and not the bread self. And if price of bread wld rise by seven-fold in one year, wldn’t we see a mass revolt?
So, two-fold or seven-fold price of bread wld never occur, because US gov’t knows the perils of allowing that.

So, in case of bread we have governance of it but in case of oil we do not?? I don’t think so. Those wars have to be paid for. So why not let oil and gas prices increase; pocket the extra cash to pay for wars, private armies, spies, etc.
In any case, US gov’t plays two different roles: one for oil and the other for the rest of goods. Curioso appears that even US gov’t either doesnt’t know or knows, but won’t say who is it that controls oil price!
And if US and other lands don’t know what is going on, then nobody on DV knows. Or? tnx

This is not about a War “ON” Iraq!!! But than you’re the hammer and the world, Deadbeat is one big NAIL.

Price of oil has been commoditized. There is no disagreemnt. The point isn’t how price is set, it’s about the fact that it’s set regardless of the fact that WE, HUMANS DON’T MAKE the stuff!!!! Get it!!

No you don’t get it. Your head is up some Zionist’s arse as usual. You join in with your ridiculous nonsense. You’re one long DAAAAAHHHHHH!!!! Deadbeat!

Climate change/global warming si; “Peak Oil” no.

Totally agree. Price of oil is determined by speculators not supply. In fact the Saudi’s INCREASED supply all the while the price was climing. The reason for the speculation was the WAR ON Iraq driven primarily by the Zionists in the Bush Administration (PNAC, Wolfowitz, Feith, etc).

The figure, a nine percent increase from the same period last year, came to an average of 1,231 new cars a day.

Beijing’s air has for many years been among the most polluted in the world, with the fast-rising number of cars on the road one of the major contributors.

However the government has implemented several policies to try and curb pollution, including traffic control measures, moving factories out of the city, and requiring cars and buses to use cleaner fuels.

According to the report, Beijing had 5.5 million drivers by August 6, out of a total population of 17 million people. PhysOrg

Ford and GM will both build cars in China. A nine percent increase from the same period last year. Drill baby drill.

And it is this lack of understanding the two ends of this issue – Production hasn’t been a problem for centuries, instead, it is consumption of limited resources at ever increasing rates – that is made possible through the economies of scale efficiency that produces efficently, but uses resources inefficiently; and that is because natures gifts, like oil are treated as if they are commodities.

You don’t understand commoditization? Why are you even HERE. This article – did you read it?! is about commoditization. Study and come back otherwise any explanation I provide will be wasted on your ignorance and ideological bent (whatever that is…wouldn’t want to put words in your mouth!!!)

Do you know what commodities are? Do you understand how the US economy works? Apparently not.

Learn about commodities, what they are and come back when you are educated. Otherwise your arguments (more harassment than a cogent argument) are a total waste of time.

Let’s just address one bogus case: Iraq reserves. Do you know why Iraq has reserves when they were expected to peak some years ago?

Ok let me answer. THEY HAVEN’T BEEN EXPORTING AT LEVELS EXPECTED. Do you know why Iraq has not been exporting and depleting their reserves? US HAD BOMBED THEM FOR 16 YEARS, EMBARGOED THEM AND THEN OCCUPIED THEM…. You won’t get that in your Petroleum Industry magazines, dan e.

Now, go to school. Learn what commodities are and begin to understand what the US and Western economies run on and how this thing works. Until then, you’re posts are just empty rhetoric…can get that from Barack Obama on a regular basis.

You are like the drunk that looks for his keys under the lamp post, not because that’s where the keys are, but that’s where the light is….in other words, you’re lost in the weeds and have absolutely nothing to add to this discussion.

All this crackpot rap about “Peak Oil” tends to discredit real information about the results of unrestrained burning of hydrocarbons. They are two different issues so let’s stop conflating them.
BTW, I just came across discussions of Soviet research which indicated that petroleum actually is a mineral which originates deep in the bowels of the earth, then is brought to or near the surface by geologic processes. Of course it could be just hot air, but since some industry professionals think it is worth looking into, I plan to myself if I ever get some time.
Rigzone is an interesting site, mostly devoted to listing employment opportunies but also reporting developments in the petroleum world, such as the current status of oil contracts in Iraq between the Baghdad government or alternatively the “authorities” in the three autonomous Kurdish provinces region, and various European and Asian petroleum production firms. As well as the current status of the projected TAPI pipeline to bring production from that fading field in southern Turkmenistan through Afghanistan and Pakistan to India. In these publications aimed at engineer-types they often frankly discuss matters that the political media consider too loaded. Such as that the Taliban government was totally agreeable to the idea of building TAPI back in the nineties and on into 2001 right up to 911, but Dubya & the PeeNackers decided to invade the country instead, which prevented any progress being made toward exploiting Afghanistan’s geographical location OR its mineral and petro resources, which while not massive compared to the Persian Gulf or Russia, are large enough to be quite profitable given a stable political environment.

The adults, those grown into full size and needing some job to sustain themselves, are barely adult-like in the sense of competent practitioners of the human way. The strangeness settling over them leaves them angry and frightened; uncertain and grasping for the hand-up offered by religion, militancy or materialism, or by almost anything that will seem to let them see a bit of acceptable future through the strangeness.

It is the product of billions of individual actions disconnected from reality coming more and more each day into collision with each other and reality. James Keye

I just saw an ad to get my free credit report on line I will try almost anything that will seem to let me see a bit of acceptable future through the strangeness. Free credit report, credit report, credit report.