Tinfoil Hats Please : Bush and Cheney Knew of Peak Oil Before 911

[cthrumatrix]

"Is the Bush Administration Aware of Peak Oil?"

Yes.

In late 1999, Dick Cheney stated:

By some estimates, there will be an average of two-percent annual

growth in global oil demand over the years ahead, along with,

conservatively, a three-percent natural decline in production from

existing reserves. That means by 2010 we will need on the order of an

additional 50 million barrels a day.



To put Cheney’s statement in perspective, remember that the oil producing nations of the world are currently pumping at full capacity but are unable to produce much more than 80 million barrels per day. Cheney’s statement was a tacit admission of the severity and imminence of Peak Oil as the possibility of the world raising its production by such a huge amount is borderline ridiculous.



A report commissioned by Cheney and released in April 2001 was no less disturbing:

The most significant difference between now and a decade ago is the

extraordinarily rapid erosion of spare capacities at critical segments of

energy chains. Today, shortfalls appear to be endemic. Among the

most extraordinary of these losses of spare capacity is in the oil arena.



Not surprisingly, George W. Bush has echoed Dick Cheney’s sentiments. In May 2001, Bush stated, “What people need to hear loud and clear is that we’re running out of energy in America.”

snip
http://www.lifeaftertheoilcrash.net/Introduction.html

Peak Oil is not a new concept. I would dare say it has been planned for by politicians for some time. However, their approach seems to be one of "conquest" as opposed to less energy and shift to renewables.

With your hats firmly attached....think of the following tidbits:

* Paul O'Neil's book - 8 1/2 months before 911...bush's first meeting with his Security Council reviewed Maps of Iraq (Rumsfeld)

* 911 "happens" and now we find ourselves in Iraq (Oil)...next Iran (Oil)

* The world is aware of Peak Oil and our desires...this is why you have Chavez speaking out and every powerful country poistioning for the "end game on resources"

Bush know's....key democrats KNOW...this why they continue to support the policy.

Go ahead...flame away.

[cthrumatrix]

1. links for people who need a "peak oil pimer"

For accurate information on energy:

http://www.endofsuburbia.com - new film: "THE END OF SUBURBIA: Oil Depletion and the Collapse of The American Dream" excellent summary of Peak Oil issues and implications -- highest recommendations

http://www.peakoil.net - Association for the Study of Peak Oil (international organization of geologists)

http://www.energycrisis.org - the science of Peak Oil

http://www.energybulletin.net

http://www.dieoff.org - what goes up must come down (overpopulation and oil based agriculture)

http://www.oilcrash.com/eating.htm - Eating Fossil Fuels (oil and agriculture)

http://www.fromthewilderness.com/free/ww3/index.shtml#oil - original reporting on the politics of Peak Oil, 9/11 complicity, drug money corruption

http://www.oilempire.us - election coups, 9/11, fascism and the peak of petroleum production

http://www.lifeaftertheoilcrash.net - very good summary of Peak Oil social implications
http://www.lifeaftertheoilcrash.net/martiallaw.html - Oil Production and Martial Law
http://www.lifeaftertheoilcrash.net/BreakingNews.html - Breaking News: Watch the Crash as it Unfolds

http://www.museletter.com - Richard Heinberg, "The Party's Over: Oil, War and the Fate of Industrial Societies"
"Powerdown: Options and Actions for a Post-Carbon World"

http://www.postcarbon.org - "High Noon for Natural Gas"

http://www.mbendi.co.za/indy/oilg/p0070.htm Colin Campbell on the year 2000 peak of oil production

Peak oil is a turning point for Mankind. The economic prosperity of the 20th Century was driven by cheap, oil-based energy. Everyone had the equivalent of several unpaid and unfed slaves to do his work for him, but now these slaves are getting old and won't work much longer. We have an urgent need to find how to live without them.
It is stressed that we are not facing a re-run of the Oil Shocks of the 1970s. They were like the tremors before an earthquake, although serious enough, tipping the World into recession. Now, we face the earthquake itself. This shock is very different. It is driven by resource constraints, not politics - although of course politics do enter into it. It is not a temporary interruption but the onset of a permanent new condition.

http://www.oildepletion.org

http://www.planetforlife.com - summaries of world oil crisis, natural gas depletion

http://globalpublicmedia.com interviews with petroleum experts on Peak Oil and its implications - includes an interview with one of Bush's key energy advisors (Matthew Simmons), who has briefed Governor Bush on Peak Oil for several years

[benburch]

2. Well of course they did, silly.

They are both oil men, you know.

I knew about it in 1972. I read "Limits To Growth".

So did they.

I can't see why this is a revelation?

[cthrumatrix]

3. so people can take action..1/2 of the people think Iraq attacked us on 911

I would argue that many people don't know, we're never introduced to Peak Oil...much less connect the dots.

[rfranklin]

5. And they will pay no attention until they pull up to the pump and...

there is no gas to put into their car. Prices going up 30% has had no effect on the consciousness of the average American. Why would reams of boring stuff about Peak Oil (didn't they used be Esso or something?) make any impression?

[cthrumatrix]

4. connect: reduce soc security effort, bankruptcy bill, consumption tax.....

and you can see what they are trying to do.

Economies that run on oil would suffer most...like the US. So what have companies been doing...going to lesser developed countries for wages concessions and perhaps wher there woul be "less impact.

[BlueEyedSon]

16. Read Krugman today, he connects the dots a bit

http://www.nytimes.com/2005/03/08/opinion/08krugman.html

[EVDebs]

20. Just watch the plotline of "Three Days of the Condor" ...seizing Oilfields

and knowledge of plans fictionally caused havoc for Redford...and gave the US public a 'heads up' YEARS AGO.

You don't think Nixon's plans to do likewise (revealed New Year's Day 2004--real slow media day--by British) would have been revealed any other way ?

[BlueEyedSon]

13. DUH! Seconded!

[Pachamama]

6. I knew about Peak Oil before 9/11- so I'm sure they did too...

I've been aware of it since 1997...

No need to flame away on you...your speaking the truth...

[dbt]

7. They would have known about Peak China, too, wouldn't they?

"So you see, Georgie, even if we couldn't get all that oil out from under Eye-Rack for ourselves, we could keep those Heathen Chinese from getting it."

"Wowsers, Uncle Dick, you sure are smart!"

[cthrumatrix]

8. Exxon says Oil production would have to double to reach needs for 2020

IRVING, Texas (January 11, 2004) -- Exxon Mobil Corporation Senior Vice President Stuart McGill told financial analysts today in New York that ExxonMobil is uniquely positioned to meet the challenge of adding new resources and reserves to address an increasing global energy demand.

McGill, who in 2004 was named senior vice president of the Corporation, cited ExxonMobil's financial strength, largest resource base among international companies, and technological expertise as characteristics that will enable the Company to continue to outpace the competition.

"Plenty of oil and gas remains around the world, but it will take the best technology and the most capable and efficient organizations to produce it with strong returns for their shareholders," said McGill. "ExxonMobil has these characteristics. We have a proven record, the organizational capabilities, and the resource prospects to continue leading performance."

McGill noted that world demand for oil and gas is expected to increase by 1.7 percent per year, while the world's oil and gas fields on average are declining in production at a rate of 4 to 6 percent per year. This base decline, coupled with the growing demand for oil and gas, means that the amount of new daily production needed in 2020 is nearly equivalent to replacing all of today's daily production.

snip

http://www2.exxonmobil.com/Corporate/Newsroom/NewsReleases/xom_nr_110105.asp

It has to double while it's been decling 4-6% year...this is a problem

[cthrumatrix]

9. AG Edwards says "we have a problem"

Oil demand outweighs supply
By BILL MEDLEY Courier & Press staff writer 464-7519 or [e-mail]
March 4, 2005

A decline in OPEC's production capacity and a rapid increase in demand have combined to make recent oil price increases permanent, a market expert said Thursday.

In a speech before the Illinois Oil & Gas Association's annual convention at the Executive Inn, Bill O'Grady, director of futures research at A.G. Edwards & Sons, said signs suggest current oil production can't meet expected future demand.

O'Grady presented research estimating that the world needs to find another 40 million barrels of oil a day on top of what it's currently producing to meet demand in 2010.

"That seems highly unlikely," he said. "We've got a problem on our hands."


snip

http://www.courierpress.com/ecp/ebj/article/0,2578,ECP_...

[Al-CIAda]

10. What is 'tin hat' about this? "Peak oil" theory has been around since

the 70's. If they didn't know, they're nore stupid than anyones expectatations.
Of course they know. In any event, I think the PNAC has much more to do with what they have done.

PNAC: 9/11= their 'New Pearl Harbor"

[cthrumatrix]

11. that the govt purposefullu mislead Americans....and MIHOP to get

into the middle east...and all the senate bills we see now.

The end game is "palying in front of our eyes"

[hatrack]

21. Peak Oil theory has been around since the 1950s

Ever since Hubbert made his prediction on the US peak production date back in 1956. The "American Way Of Life" which Bush I described as "non-negotiable" at the first Earth Summit in 1992 is based on the premise that ever-greater amounts of cheap oil will always be available.

When, not surprisingly, it becomes apparent that a finite resource cannot sustain infinite demand for an indefinite period, the Shiny TV People will just shout louder about how lucky we all are here in 'Murica, and wave more shiny objects (Martha, Jacko, Scott & Laci) to hold our fragmented attention for just one more week, one more month, one more quarter.

They and their minders will do whatever it take to distract our collective attention from the elephant in the room for just a little while longer.

[LizW]

12. Of course they did

They're oil men. They probably know more about it than we do.

Bushco's knowledge about the finite amount of oil under the surface of this planet is THE driving force behind every Bush/Cheney/neocon policy.

Everyone should read Michael Ruppert's Crossing the Rubicon. You don't have to agree with the conclusions he reaches about 9/11 to believe that Peak Oil is the driving force behind everything our government is doing in the rest of the world and here at home.

[BlueEyedSon]

14. Peak Oil + Waning Dollar Hegemony + Slipping Bush Approval = 9/11

+ Iraq Invasion

See my sig for more Peak Oil links.

[leesa]

15. Well, that WAS the point of 9-11, wasn't it?

[leftofthedial]

17. any oil bidniz executive should have known about it

for a couple of decades now

[Selteri]

18. file under A-DUUUUUHH

if two oil execs didn't know about peak oil then there were some other major issues going on that shouldn't have.

[BlueEyedSon]

19. Amazing how they kept their motives quiet for almost 4 years. nt

[cthrumatrix]

22. this whole subject has not gone mainstream -- it would make them

look "worse then they have"