On 12/11/2016 07:19 PM, hozer@hozed.org wrote:
So Trump is installing all these oil guys, and someone is
creating a narrative of russians hacking the election, and
it's all so overly bizzare I think I'm living in someones
broken simulation matrix.

Then I see
https://www.emptywheel.net/2016/12/09/unpacking-new-cia-leak-dont-ignore-aluminum-tube-footnote/
which says

"But what about the implications that climate science will be squelched in addition to alternative energy development? They can purge anybody who worked on alternative energy, halt reporting about climate change, but they can't hide tankers floating out at sea chock full of oil. They can't hide the strategic petroleum reserve. They can't force the market to pay more for oil unless they truly shut off the spigots and the moves they are making suggest they are doing no such thing."

So what's going on here? There's some kind of sigint here
about oil, but I'm not quite seeing all the pieces.

Are we out? Is it gone? Or do we just have some shadow
government that's about to bust the petrodollar and
go cryptocurrency because it's getting too hard to trace
the cold hard cash flows when they go dark?

Or is this leaking stuff just the intelligence community
reminding Trump who's really in charge here. What I read of
him is he'd be trivial to manipulate by some guys who have
spent their lives installing puppet governments.


I'm only going to reply in brief and don't care to discuss or follow up but essentially what's happened is all the 'easy oil'. The light sweet stuff that just bubbles up out of the ground and is cheap to extract and process is already sitting in reserve tanks in Saudi, Qatar etc. Hundreds of square miles of facilities with a armies (literally) to protect them. As it gets used, there simply isn't being enough oil discovered at that sort of cost to replace it driving the cost up. Almost every new 'find' the exploration companies make touted as megafields turn out a few months or years later, without note in the media, to be duds. As the oil becomes more expensive to process. from the TRILLION DOLLAR WARS required to secure it, to the sludge they call tar sands and Shale/Bakken oil that is SO expensive to turn into anything usable that it's literally considered junk investing and a scam by most energy market people, those increased costs show in the price of the oil.

I recommend Paul Roberts "The End Of Oil" very highly. He does an excellent job, in a dozen pages or so, of describing a modern history of the middle east from the time Aramco shipped the first barrel of oil, to the Persian gulf war with a lot about how Central Asia and Russian oil/natural gas figure into the equation. Alternative energy. Energy economics. Published in the 2004: https://duckduckgo.com/?q=Paul+Roberts+%22The+End+Of+Oil%22&ia=web

Rr