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Endless War and Iraq's Oil:

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Mike Folkerth
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That portion of our fearless leaders who understand that oil is fetching $126 per barrel because the remainder of the world is willing to pay $126 per barrel, due to demand outstripping supply, understand all too well that the world oil supply is going the way of the buffalo and SUVs.

After all, we’ve known that peak oil was coming since 1956 when the renowned geophysicist Marion King Hubbert said it was so. http:/www.hubbertpeak.com/Hubbert/hubecon.htm

So then, is that faction of our government who understands that a nation who uses 20,000,000 (yes million) barrels of oil per day (and one that will be in deep do-do should we no longer have access to that oil), willing to engage in a war on false premise to commandeer a future supply? You tell me what you think.

It’s not looking any better is it? As the weathered old cowboy said, “There’s things about this outfit that they didn’t tell me when I hired on.”

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Mike Folkerth is the author of "The Biggest Lie Ever Believed" and is not your run-of-the-mill author of finance and economics. The former real estate broker, developer, private real estate fund manager, auctioneer, Alaskan bush pilot, (more...)
 
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