by NEOPO » Sat 20 Jan 2007, 03:10:27
$this->bbcode_second_pass_quote('PenultimateManStanding', '')$this->bbcode_second_pass_quote('threadbear', '
')Ditto, he was great, particularly at offering an explanation for the current ppb drop.
I heard it; he seemed to suggest that Goldman Sachs was participating in a move to run the price down to pressure Iran. Here's the problem I have with that: when the prices went up to 80 dollars a barrel, it was a commonplace idea that no one controls the price of oil, that it's a market driven thing, i.e. supply and demand. Now all of a sudden with the price going down peakoilers are suggesting behind-the-scenes market machinations. Which is it?
No, it is not "now all of a sudden".
Some people are still learning.
Some are drawing new conclusions.
Some are stuck in 1st PO gear.
My theories evolve, adapt to new information and consolidate overtime.
I am always learning yet sadly this is not the case for most who already know everything.
The goldman sachs downgrade has been ongoing for almost 2 years as I illustrated with charts and graphs on another thread.
There is also the non fillage of the SPR last year anomally.
There is the summertime ethanol and increased demand issue.
Geopolitics, the petrol dollar and good ole fashioned lies.
There are many issues but when a novice is trying to figure out how many millions of billions of trillions of fucking barrels of gallons of EROEI per day week month year godman everything!!!.....well its easy to allow these things to slide until one has a better grasp of the subject matter.
At this point Aliens, Dieties and demigods would be hard pressed to convince me that the price of literally everything is not being manipulated to one degree or another
Since we are talking about something as seemingly important as oil I cannot imagine the price and many other aspects of this commodity not being manipulated to many degrees.
I find it easier to believe that the price has been manipulated lower this entire time and the current first world economic suffering would be way more severe if not for our efforts to prop up the dollar, the petrol dollar and keep the price as low as possible.
Something like that might allow the economy to cool before the inevitable.
Allow for something like a soft landing yet who can say ultimately.
I think my theory is not that far fetched, quite plausible and rather frightening dont you?

It is easier to enslave a people that wish to remain free then it is to free a people who wish to remain enslaved.