Posted by
theoilpatchplug on Wednesday, November 12, 2008 9:00:46 AM
If you want to know why most of the mainstream media continues to spout the voice of energy shortages you only need to look at the example of the East Texas Oil Field. Production was so prolific from that field, oil prices went down to 10 cents a barrel and the Texas Rangers were dispatched to Kilgore and the Texas Railroad Commission was formed in response.
Oil Prices were unsustainable. Just like farm product prices are when productive Americans get involved. Oil prices just like corn, soybeans and wheat only become in short supplies when governments get in the way of production. Then prices go through the roof.
Oil and food have become a matter of control for the elites over the masses.
Oil shortages and food shortages are politically contrived events. Our energy supplies are not unsustainable only the prices that support them are. Did you know that most of the world’s oil reserved are owned by government owned oil companies? Based on reserves Exxon-Mobil is only #17.
When you buy in to the Peak Oil Theory you surrender to a limited life, when you open your mind to the ideas of abundance you take a step towards the light of freedom.