by raisinbran » Wed 02 Apr 2008, 20:46:12
Of course this question is moot for this forum.. "Of course it is! That's what this entire site is about!"
I also believed in peak oil. I've followed the story intensely for nearly a year... digesting nearly every bit of updates, new data, and chart analyses I can find. I know plenty about it and it is becoming more and more real as the price of oil is going up.
So why do I ask this question?
Let me propose another viewpoint, a viewpoint I rarely have ever seen considered in all of the peak oil material I have ever read. I want to know what you all think.
We know that the greater part of the financial system of this country is controlled by Wall Street, the Government, the Fed, etc. The bills we use to pay for everything is controlled.
Our gas, our cars, our food, much of what we live on, is also controlled, by a relatively few people like big oil companies and automakers.
But for some reason, very few people seem to understand that oil production, like all these other things, can also be controlled. Few would argue how extraordinarily important a resource oil is.
For example, if a few guys in Shell or Exxon wanted to deprive the entire country of its oil, all they have to do is simply cease their operations. The effects of such a move would be tremendous. The control of oil production has tremendous power. It's like a few guys can "pull the plug" on society any time they want to. They control it.
Yet, quite frankly, the entire idea behind peak oil is simply that oil production is beyond our control, beyond the government's, beyond saudi arabia's control, beyond the oil company's control. Furthermore, the entire idea of peak oil is predicated on the assumption that the U.S. government and many other countries always pump all the oil they ever find. Its as though the US government and all the oil companies simply pumped all the reserves everywhere, without giving thought to the idea that they could ever run out. And then, oops, years later they realized they pumped too much, and now they are screwed.
Now don't get me wrong, peak oil does make sense scientifically and geologically. Oil certainly does appear to be finite, and all the reasoning behind it makes it seem like, yes, the world will start declining in oil eventually.
But what I'm wondering is "Is that what is really happening?"
Certainly governments, companies, and people in control of things realized how much power controlling the oil can have. They can bring any country or any people to its knees easily by just depriving them of oil.
Back then, they probably also realized that if their own government ever ran out of oil, they would be at the mercy of other countries. For example, today the U.S. appears to be at the mercy of many other countries, even Mexico. Certainly, if mexico wanted to screw the U.S. today, all they would have to do is stop exporting oil. Saudi Arabia, Canada, etc. all could also if they wanted to.
Peak oil, the entire theory, suggests that people in office in the U.S. back in the 50's or so were dumb enough not to have foreseen that eventually the sovereignty of the U.S. would crumble because it would rely on other countries for oil when they just used up all of theirs.
While we don't know what the politicians were thinking, what I'm getting at is the entire theory somewhat plays down, or ignores altogether, the political influence that is exerted on oil production.
It's as though no politician, president, visionary, corporate executive, etc. only a humble geologist named Hubbert, ever considered the possibility that oil could run out and have devastating political consequences eventually. It's like nobody saw this disaster coming.
When power is the prize, the rules of the game seem to change completely.
Last edited by
raisinbran on Fri 06 Jun 2008, 21:54:26, edited 1 time in total.