Peak Oil by Jay Hanson Pt 4.. money..

One Comment on "Peak Oil by Jay Hanson Pt 4.. money.."

BobInget on Sat, 4th Jul 2015 3:40 pm 



If you gave our current ‘oil wars’ any thought at all you may have wondered how we are supposed to pay for three trillion $ in oil war waste?

When wildcatters go looking for oil they look for investors to partner.

When ‘Big Oil’ seeks, B O sells shares on public stock markets to finance monster projects or massive fines as BP is facing.

When a government with aggressive leadership looks to secure existing or potential oil resources , that government may resort to a military ‘solution’. Governments finance such adventures in different ways.
Printing money, borrowing printed money,
selling ‘war’ bonds or raising taxes.

Which method do ya believe helps the most people? Which method harms more?

Instead of looking for (imported) oil on Wall-Street the US embarked on a devastatingly
ruinous endless set of unproductive oil wars.

If you ever wondered why the US supports Saudi Arabia’s genocidal bombing in Yemen when Houthi are the only bull-work against al-Qaeda In Yemen and ISIS in Yemen.
The answer is so simple, it’s embarrassing.
‘We, the US, can’t get on w/o Saudi OIL’
All that BS about ‘human Rights’ ignored as long as Saudis keep shipping.

In Iraq where we’ve been fighting IS, it’s the same reason, we need Iraq’s oil…
Notice the Saudis ain’t fighting in Iraq cause
the Saudis don’t require Iraqi or Iranian oil.

China used foreign currency reserves to
help Venezuela. China didn’t invade Venezuela. China will open markets once American for trade good. China will get loan service from Venezuela in the form of oil.

It’s far form certain the US will get all the oil it wants from Iraq no matter how many troops it sends and stations in country forever. (or when the oil runs out).