Ready for the next big economic bubble?

[hope7134]

http://www.msnbc.msn.com/id/24387781/

You got it! They are definitely a family who knows how to manipulate things and make money. Oil has about ran it's course. Because people are waking up to the fact there is no shortage. You can't manipulate people when they get wise to your game.

please google: "Rockefeller oil" so that you can learn the rules of the game.

[gaazn]

Actually, the next big bubble is crappy alternative energy solutions. Expecially ones that have no real return on investment for the end user. Reminds me of the Prius.

[hope7134]

Yeah if you read the article that's what it is about. The part of the Rockefeller family that controls Exxon, telling them to move toward alternative energy. The jig is up on the oil. They have made their money, because people are waking up to the fact there is no oil shortage. If they are going to continue to line their pockets they have to move away from oil and move the demand for energy (by the people) away from oil, too! They know their oil days are numbered, they have to make the move. What better way then to publicize "GREEN HOUSE" gases and get the whole population moving away from oil with them. We will even demand, the need to move away from oil. There is no shortage of oil and people are realizing it and they are not going to be able to continue to skyrocket the prices. The oil JIG is up.

It is simply a business principle: supply and demand
Create a demand and then supply the product that meets that need.

America is truly sheeple. We follow and ask no questions and do no research.

[Cowlesy]

I posted it a while back, it is game on for carbon credits and trading. 100% the next big scam a bunch of people will make a few billion using.

[hope7134]

That's right! Last summer was them simply turning off the oil taps so that they could create a demand for their new products. They wanted all of America to start calling their congressmen and senators about passing legislation for renewable energy. It's all about global warming. The American people bought it hook, line and sinker. Saps. Sheeple. When will America wake up and realize they are victums to simple business practices? Create the demand, supply the product!!!
Business 101 taught to every business college student.

Now, global warming is being taught to brainwash school children, so that the next generations will be slaves to their products. Its a chess game and we are losing. It's business and in business there are always winners and losers.

T-Boone Pickens, you gotta love him.

[s35wf]

people NEED to get off the grid and get a sustainable solution for their energy needs. solar, wind, water, whatever is best for their region.... this is how to beat them at their own game; make your own energy will be imperative in the future. ive been looking into solar myself cuz i live in the southeast.

they will try to push hydrogen cars rather than electric; anything to make you pay as you go philosphy!

[Athan]

people NEED to get off the grid and get a sustainable solution for their energy needs. solar, wind, water, whatever is best for their region.... this is how to beat them at their own game; make your own energy will be imperative in the future. ive been looking into solar myself cuz i live in the southeast.

they will try to push hydrogen cars rather than electric; anything to make you pay as you go philosphy!

There's one thing though. Hydrogen cars are good if we can design a fuel conversion mechanism for the car. Then you can use Al + Ga (http://www.webelements.com/) mix to produce easily transportable hydrogen fuel. Don't blab about this to much on the net though. The gov shut down some univ scientists a while back when they made this discovery and the online CNN report was immediately killed too.

[Michigan11]

Actually, the next big bubble is crappy alternative energy solutions. Expecially ones that have no real return on investment for the end user. Reminds me of the Prius.

LOL. Isn't that true about the prius.

[Johnnybags]

There's one thing though. Hydrogen cars are good if we can design a fuel conversion mechanism for the car. Then you can use Al + Ga (http://www.webelements.com/) mix to produce easily transportable hydrogen fuel. Don't blab about this to much on the net though. The gov shut down some univ scientists a while back when they made this discovery and the online CNN report was immediately killed too.

It works but its finite and expensive.

[TruthisTreason]

http://www.msnbc.msn.com/id/24387781/

You got it! They are definitely a family who knows how to manipulate things and make money. Oil has about ran it's course. Because people are waking up to the fact there is no shortage. You can't manipulate people when they get wise to your game.

please google: "Rockefeller oil" so that you can learn the rules of the game.

Recession are the dark gray lines. Oil always goes high before the bust.


Speculators play a big role in getting the price to bubble like that, too. In my eyes nearly as much as supply and demand (in the short term). If anyone thinks that lone spike is the end of this roller-coaster; in the words of Judas Priest "You've got another thing coming."

[danberkeley]

Recession are the dark gray lines. Oil always goes high before the bust.


Speculators play a big role in getting the price to bubble like that, too. In my eyes nearly as much as supply and demand (in the short term). If anyone thinks that lone spike is the end of this roller-coaster; in the words of Judas Priest "You've got another thing coming."

Buy! Buy! Buy! Buy! Buy!

[Zippyjuan]

Out of twelve recessions in that graph, I see four which were preceeded by a spike in the price of oil. One in three is not exactly "always" (in the 1990s the spike occured during, not prior to, the downturn- oil was on a pretty steady decline prior to that). The spike in the 1970's was due to an Arab oil embargo- not any actions by US owned or operated oil companies. The one in 2001 was due to 9/11- again, nothing to do with US owned or operated oil companies. The 1990s was the invasion of Kuwait by Iraq. Again, not a US oil company action.

There is a surplus of oil now not because there is more oil but because the demand has fallen so much. Oil output has been falling in all oil producing countries and when the global economy picks up again, the demand will go back up and so will prices because there will not be enough supply to keep up. The US used to be an oil exporting country. So did the UK. So was Denmark. So was Indonesia. One by one, they are turning into net importers. Mesico could become one in four years. So could Venezuela. There are not unlimited supplies.

No new major discoveries have been made in forty years. Yes there have been new fields found, but nothing significant. Saudi Arabia is opening a field they found in the 1960s. To get out the oil, they have to pump in about two gallons of sea water for each barrel of oil they extract. This is very expensive and they would not be doing this if they had easier and cheaper oil to pump out. Russia is currently the second largest producer in the world but this year they started to see their production levels drop off.

The Rockafellers don't even control the oil market. The US has about 22 billion barrels of proven oil reserves. That is the amount we burn through in three years at 2008 levels of consumption. Global proven oil reserves are stated to be 1,340 billion barrels which means that we have less that two percent of the world's proven reserves. There is more oil out there, but it is in places and forms which are progressively more difficult and more costly to get at and refine and get to market.

[Josh_LA]

Actually, the next big bubble is crappy alternative energy solutions. Expecially ones that have no real return on investment for the end user. Reminds me of the Prius.

no kidding

[slamminshaun]

Next bubble will probably be Treasurys....and that will be the mother of all bubbles to pop.