----- Original Message ----- From: "Keith Addison" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Thursday, September 30, 2004 11:58 PM Subject: Re: [Biofuel] Cheap oil
> >Walt, > > > >The oil crisis in the 70's was triggered by the Israeli-Arab war and > >an attempt by the Oil producing countries to effect the world in > >this. > > > >Hakan > > See: > > The Seven Sisters -- The Great Oil Companies and the World They Made > http://journeytoforever.org/biofuel_library.html#7sisters > > The Seven Sisters -- The Great Oil Companies and the World They Made, > by Anthony Sampson, 1975 (out of print). "The Seven Sisters (from a > phrase first popularised by Italian oil tycoon Enrico Mattei): Exxon > (Esso), Shell, BP, Gulf, Texaco, Mobil, Socal (Chevron) -- plus an > eighth, the Compagnie Francaise Des Pˇtroles (CFP-Total)." We scanned > chapters 8-14 of the book and posted them under the subtitle "OPEC, > Big Oil and you" at the Biofuel mailing list, where they raised much > interest. "I was so interested in the story, I went out and ordered > myself a copy," wrote one list member. "This is great reading, and > gives us a small glimpse into the control that big oil has over us. > Thanks." Seven chapters full-text online. > See also: Who gets what from imported oil? Data from OPEC (Acrobat file, 36kb): > http://www.opec.org/NewsInfo/WhoGetsWhat/2001.pdf > > Best wishes > > Keith An equally interesting and revealing read is "The Rockerfeller File" http://www.mega.nu:8080/ampp/gary_allen_rocker/index.html#metatop Showing that due to anti-trust laws levelled at him, Heir Rocky was "forced" to break up Standard Oil into the conglomerates we have with us today, while, of course, retaining much of their control. Luc > > > > >At 07:53 PM 9/30/2004, you wrote: > >>At 08:51 AM 9/30/04 -0500, Ross wrote: > >> >I just encountered two articles at my library that strengthens my > >> >belief that we are beginning to see the end of cheap oil NOW from how > >> >we've always known it. > >> > >> Good article with some interesting points, but I feel the > >>need to quibble a bit. > >>The problem is that oil _is_ cheap, even at $50 a barrel because > >>while a barrel of oil is real, the dollar is not. > >> > >> The "oil crisis" of the '70s was triggered by Nixon's > >>decision to remove the dollar's gold backing and OPEC's rational > >>response to his decision. Now, we're facing a similar situation. > >>The world is being flooded with dollar denominated debt, a tidal > >>wave which is going to affect the dollar denominated "value" of all > >>commodities. > >> > >> People talk about "fifty dollar a barrel oil" as if "fifty > >>dollars" means something. It doesn't. Each dollar is just a drop in > >>a vast sea of unsupported, unredeemable debt, and as foreign > >>investors start to catch on, the dollar is going to continue to > >>fall in value. In short, it isn't so much a matter of the cost of > >>oil going up, but rather the value of the dollar going down. > >> > >>Walt > > > > > >_______________________________________________ > >Biofuel mailing list > >[EMAIL PROTECTED] > >http://wwia.org/mailman/listinfo.cgi/biofuel > > > >Biofuel at Journey to Forever: > >http://journeytoforever.org/biofuel.html > > > >Biofuel archives at Infoarchive.net (searchable): > >http://infoarchive.net/sgroup/biofuel/ > > _______________________________________________ > Biofuel mailing list > [EMAIL PROTECTED] > http://wwia.org/mailman/listinfo.cgi/biofuel > > Biofuel at Journey to Forever: > http://journeytoforever.org/biofuel.html > > Biofuel archives at Infoarchive.net (searchable): > http://infoarchive.net/sgroup/biofuel/ > _______________________________________________ Biofuel mailing list [EMAIL PROTECTED] http://wwia.org/mailman/listinfo.cgi/biofuel Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Biofuel archives at Infoarchive.net (searchable): http://infoarchive.net/sgroup/biofuel/
