Right wing ramblings from Toronto, Ontario, Canada.

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Wednesday, October 12, 2005

Peak oil myth

Not everyone believes we’re running out of oil.

Peak oil is just another weapon the globalists have in their arsenal to move towards a new world order where the elite get richer and everyone else falls into line.

Here’s why they need to keep the price up:

But here’s the catch: By simply opening up its spigots for a few years, Saudi Arabia could, in short order, force a complete write-off of the huge capital investments in Athabasca and Orinoco. Investing billions in tar-sand refineries is risky not because getting oil out of Alberta is especially difficult or expensive, but because getting oil out of Arabia is so easy and cheap.


Posted by Tim G. at 07:18 PM
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