After all that was my point.

liscivious suggests that refinery capacity limits product which is in some respects true.

The concentration in the industry has allowed a greater monopoly over the supply of product and hence where power grows so do the dividends flow.

The fact remains as my references document, there is bountiful oil and this prospect is likely to continue into the distant future.
I mean hundreds of years.

The question is will the public accept the manipulation of a plentiful resource for super profits or will they see through the “peak oil” propaganda and demand that the abundance of nature be available to all in a just fashion.

Orwell predicted those who tell the truth would eventually be declared “insane” while the “lie” would become the “truth”.

Why the invective from some posters?

What about the facts presented in the links?

This is just the tip of the ice burg.

Do you wish to frame your existence upon myths?

The reality and politics behind refinery capacity is very worthy of study.
“oil reserves” “oil refinery glut”

“Tax all foreigners living abroad!!!”

If you take a look at his website, it is clear Brooke is a bit of a fruitloop, as dumb brit suggests.

Brooke has got a point that one of the reasons OPEC do not let the World know how much oil they have is so that they can play the shortage game, so Brown’s suggestion of “transparency” is futile. They like to keep the oil price high enough to make money, but low enough to not cause a recession, and the uncertainty in reserves is one factor in this game. However at the moment OPEC are relatively powerless, as the recent increase in prices isn’t due to the supply of crude oil, but the supply of refined products.

Are you saying the US spent countless billions of dollars to raise the price of a commodity that they are dependent on and for which they’d then have to pay through the nose for?

The Iraq invasion was carried out to gain control of the petrolueum glut that was getting in the way of better profits for oil cartels.

On 29th April 2004 Saudi officials announced that their reserves previously stated at 261 billion barrels were actualy 1.2 trillion barrels.
http://www.arabnews.com/?page=6&section=0&article=44011&d=29&m=4&y=2004

In Mexico as reported by Reuters “huge new oil finds” double their reserves to a potential output equivalent to Saudi Arabia.
http://www.energybulletin.net/1803.html

Not unlike the “Al Qaeda” propaganda the simple minded public are seduced by repetetive rhetoric that simply is not based on the factual realities but it certainly serves the policy of monopoly.

A google search on “oil reserves” will find a couple of days study that delivers a picture of abundance.

That is why Iraq oil had to be shut down and other countries will certainly get the same traetment if they do not play the “shortage” game. Most likely they will be on the receiving end of another “Al Qaeda” event.

According to Brown’s latest, nothing can be done by our government to tackle the high oil price. Is that right? Well let’s see what he has to say then. “It is because we understand the problems faced by hauliers, farmers…