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Is BP Prudhoe Shutdown Iran War Profit Seeking?

By   Follow Me on Twitter     Message Rob Kall       (Page 1 of 1 pages)     Permalink

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Is it silly to suspect that a multi-billion dollar company has some inside info on the likelihood of a war in one of the biggest oil producing countries?

If the war with Iran proceeds as many are predicting, prices of oil will explode, probably doubling or tripling.

If you could, with good odds, stop selling a product for, say six month, knowing that your profits would more than double (doubling the price could triple or quadruple the profits) you just might want to hold on to that inventory.But you'd have to have an excuse, since shutting down sales would look suspicious.

How about an outbreak of disease-- Ebola virus? Smallpox? White poweder on the snow? Naahhh. They used that in Close Encounters of the Third Kind.

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How about a problems with the pipeline-- sudden problems that are a big surprise?

I guess they think that line will sell.

They'll shut down the pipeline for maybe six month, until the Iran war is under way, throw some new pipes in, and then start selling oil at $150, $200, even $250 a barrel.

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For all we know, OPEC might even be subsidizing BP's move. I know. Call me paranoid. The idea that megagazillionaire oil companies would collude to raise prices of oil... How silly.

Of course, the word is that there will be NO shortages. Just price increases.

 

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Rob Kall is an award winning journalist, inventor, software architect, connector and visionary. His work and his writing have been featured in the New York Times, the Wall Street Journal, CNN, ABC, the HuffingtonPost, Success, Discover and other media. He's given talks and workshops to Fortune 500 execs and national medical and psychological organizations, and pioneered first-of-their-kind conferences in Positive Psychology, Brain Science and Story. He hosts some of the world's smartest, most interesting and powerful people on his Bottom Up Radio Show, and founded and publishes one of the top Google- ranked progressive news and opinion sites, OpEdNews.com

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Rob Kall has spent his adult life as an awakener and empowerer-- first in the field of biofeedback, inventing products, developing software and a music recording label, MuPsych, within the company he founded in 1978-- Futurehealth, and founding, organizing and running 3 conferences: Winter Brain, on Neurofeedback and consciousness, Optimal Functioning and Positive Psychology (a pioneer in the field of Positive Psychology, first presenting workshops on it in 1985) and Storycon Summit Meeting on the Art Science and Application of Story-- each the first of their kind.  Then, when he found the process of raising people's consciousness and empowering them to take more control of their lives  one person at a time was too slow, he founded Opednews.com-- which has been the top search result on Google for the terms liberal news and progressive opinion for several years. Rob began his Bottom-up Radio show, broadcast on WNJC 1360 AM to Metro Philly, also available on iTunes, covering the transition of our culture, business and world from predominantly Top-down (hierarchical, centralized, authoritarian, patriarchal, big)  to bottom-up (egalitarian, local, interdependent, grassroots, archetypal feminine and small.) Recent long-term projects include a book, Bottom-up-- The Connection Revolution, debillionairizing the planet and the Psychopathy Defense and Optimization Project. 

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