Tuesday, September 18, 2007
Monday, September 17, 2007
It's The Oil Stupid
From Energy and Capital:
Are You Sure You Can Handle the Truth?
Petraeus Report Cooks the Books with Deft Kabuki Spin. Benefactor: Big Oil.
September 11, 2007. Reading the General Petraeus report on the Iraq debacle reminded me of nothing so much as Jack Nicholson in A Few Good Men yelling, "You can't handle the truth!"
The Petraeus report goes to great lengths to paint a picture of progress in Iraq, but the truth is a far different story. As the New York Times and the Washington Post have reported, the declining number of deaths in Iraq that General Petraeus cites depends on a few accounting tricks: like not counting a death as an assassination if you're shot in the front of the head, and not counting deaths by car bombs.
So, what are we really doing in Iraq?
We're building and maintaining permanent military bases from which our military will ensure a near-monopoly of the world's second-largest oil reserve. All this... for a small cadre of corporate fatheads, including the top members of Bush, Inc. The American taxpayer will be burdened with footing the bill for security in Iraq ($2 billion PER DAY!) to provide stable working conditions for Exxon-Mobil, Shell, Halliburton, not to mention the dozens of corporations feeding off the military spend bosom.
But this White House clearly believes you can't handle the truth.
Well, those of us in the energy world can handle it, and here it is: because the U.S. could not tolerate the possibility that the second-largest oil bonanza on Earth might be held beyond our reach by a dictator who hated us.
The fact is, the U.S. uses fully one-quarter of the world's oil, but we possess only about two percent of its reserves, and we rely on imports for about 60% of our consumption.
Meanwhile, Peak Oil is either just behind us, or nearly upon us...
Without guaranteed access to Iraq's oil, we absolutely could not maintain our military and economic dominance of the world. Vice President Cheney has known this, even spoken publicly about it, for many years. And why else would he have convened a meeting of Big Oil representatives within his first month in the White House to pore over maps of Iraq's oil fields, as if that were the top priority of the administration?
We at EnergyAndCapital.com have prepared a full report, called "The Truth about Oil," and we're happy to share these truths with you.
To get our new report, simply sign up for the free Energy and Capital e-Letter, a daily advisory on the fast-moving realities in the energy and oil sector, written and edited by energy and natural resources investing expert Chris Nelder.
Your e-mail address:
(Must be valid, will be verified)
_____________________
After getting our latest Peak Oil report, you'll begin receiving the Energy and Capital e-Letter, delivered to your inbox five times a week. In each issue, you'll discover the foresight and vision to exploit the investment strategies in a world beyond oil.
Here are some recent Energy and Capital issues our readers picked as their favorites:
A Steady Stream of Profits in Water... One of Today's Best Investment Plays
Exploring the Blueprint for the Energy Crisis Solution... and How To Make a Fortune in the Process
Putting Peak Oil to the Test: 4 Plays for Today's Energy Markets
The Future: Steam-Powered Cars... Investing in Geothermal Resources that Benefit the Environment
Global Carbon Reduction: The World's Richest Dive into the New Carbon Market
Today, energy is at a crossroads. Like a lit fuse, a catastrophe of immeasurable proportions is looming. And while the energy crisis is beginning to make its way into the U.S. media limelight, few are aware of the true scope and magnitude of this crisis.
Become an Energy and Capital member today. It's free, and there's absolutely no obligation, ever. And don't forget to get rich this time!
Your e-mail address:
(Must be valid, will be verified)
_____________________
NO-SPAM PLEDGE: Under no circumstance will we EVER rent, sell or give away your e-mail address for any reason. Unsubscribing from Energy and Capital is quick, easy and painless... with just a few clicks.
- Brian Hicks, Founder & Managing Editor, Energy and Capital
© 2007 - present - Energy and Capital Energy and Capital is published by Angel Publishing, 1012 Morton St, Baltimore, MD 21201
Are You Sure You Can Handle the Truth?
Petraeus Report Cooks the Books with Deft Kabuki Spin. Benefactor: Big Oil.
September 11, 2007. Reading the General Petraeus report on the Iraq debacle reminded me of nothing so much as Jack Nicholson in A Few Good Men yelling, "You can't handle the truth!"
The Petraeus report goes to great lengths to paint a picture of progress in Iraq, but the truth is a far different story. As the New York Times and the Washington Post have reported, the declining number of deaths in Iraq that General Petraeus cites depends on a few accounting tricks: like not counting a death as an assassination if you're shot in the front of the head, and not counting deaths by car bombs.
So, what are we really doing in Iraq?
We're building and maintaining permanent military bases from which our military will ensure a near-monopoly of the world's second-largest oil reserve. All this... for a small cadre of corporate fatheads, including the top members of Bush, Inc. The American taxpayer will be burdened with footing the bill for security in Iraq ($2 billion PER DAY!) to provide stable working conditions for Exxon-Mobil, Shell, Halliburton, not to mention the dozens of corporations feeding off the military spend bosom.
But this White House clearly believes you can't handle the truth.
Well, those of us in the energy world can handle it, and here it is: because the U.S. could not tolerate the possibility that the second-largest oil bonanza on Earth might be held beyond our reach by a dictator who hated us.
The fact is, the U.S. uses fully one-quarter of the world's oil, but we possess only about two percent of its reserves, and we rely on imports for about 60% of our consumption.
Meanwhile, Peak Oil is either just behind us, or nearly upon us...
Without guaranteed access to Iraq's oil, we absolutely could not maintain our military and economic dominance of the world. Vice President Cheney has known this, even spoken publicly about it, for many years. And why else would he have convened a meeting of Big Oil representatives within his first month in the White House to pore over maps of Iraq's oil fields, as if that were the top priority of the administration?
We at EnergyAndCapital.com have prepared a full report, called "The Truth about Oil," and we're happy to share these truths with you.
To get our new report, simply sign up for the free Energy and Capital e-Letter, a daily advisory on the fast-moving realities in the energy and oil sector, written and edited by energy and natural resources investing expert Chris Nelder.
Your e-mail address:
(Must be valid, will be verified)
_____________________
After getting our latest Peak Oil report, you'll begin receiving the Energy and Capital e-Letter, delivered to your inbox five times a week. In each issue, you'll discover the foresight and vision to exploit the investment strategies in a world beyond oil.
Here are some recent Energy and Capital issues our readers picked as their favorites:
A Steady Stream of Profits in Water... One of Today's Best Investment Plays
Exploring the Blueprint for the Energy Crisis Solution... and How To Make a Fortune in the Process
Putting Peak Oil to the Test: 4 Plays for Today's Energy Markets
The Future: Steam-Powered Cars... Investing in Geothermal Resources that Benefit the Environment
Global Carbon Reduction: The World's Richest Dive into the New Carbon Market
Today, energy is at a crossroads. Like a lit fuse, a catastrophe of immeasurable proportions is looming. And while the energy crisis is beginning to make its way into the U.S. media limelight, few are aware of the true scope and magnitude of this crisis.
Become an Energy and Capital member today. It's free, and there's absolutely no obligation, ever. And don't forget to get rich this time!
Your e-mail address:
(Must be valid, will be verified)
_____________________
NO-SPAM PLEDGE: Under no circumstance will we EVER rent, sell or give away your e-mail address for any reason. Unsubscribing from Energy and Capital is quick, easy and painless... with just a few clicks.
- Brian Hicks, Founder & Managing Editor, Energy and Capital
© 2007 - present - Energy and Capital Energy and Capital is published by Angel Publishing, 1012 Morton St, Baltimore, MD 21201
Thursday, September 06, 2007
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