Not Logged In Log In   Sign Up   Points Leaders
Follow Us    4:09 AM

Message Forum - Read Message

Category: Boycott/Gasout Talk > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: facts about oil and gas companies Post a Reply Back to Topics
JimWilder

Rookie Author
Sacramento

Posts:1
Points:120
Joined:Jan 2011
Message Posted: Jan 6, 2011 9:59:34 PM

A few years back when oil took a big jump the chief geologist of the United States Geological Survey was asked what the world oil situation was and stated unequivocally that there was enough known oil fields at that time to last the world for 100 years. When this was reported in the paper he immediately disappeared and no one could find him. Bear in mind this man held the top position in the United States Geological Survey yet he disappeared seemingly all at once.
Did you know that when the US government and the state of Alaska wrote the agreement to tap the oil fields in what is called the North Slope, it stated that all oil and byproducts thereof were to be sent to and consumed in the United States? This was later rescinded and now the oil and byproducts are being shipped all over the world, that action profits only the oil companies.
The outlandish cost of oil, gas and diesel has raised the cost of everything from food, appliances and clothes to lumber and other commodities due to the cost of transportation by rail, boat, truck and plane. All of the politicians involved receive millions of dollars from the oil companies and refineries to get elected and to stay in office, from the president down to the state representatives, senators and congressmen. This is a legal form of bribery. In exchange for the monies they have received these politicians allow the oil companies to rip off the American people by inflating the price of gas, diesel, heating oil, and propane. All the while, all oil wells and refineries are below 50% production in order to show a very low reserve of oil or gas. Additionally, those same companies are buying out the natural gas producers (a heretofore less expensive alternative to petroleum products) in what appears to be an attempt to control the prices of these competitive products as well.
The people involved in business media are yet another component to the problem. In theory they should be there to report what is happening to the companies and their stocks and NOT use their influence to run the price of oil and petroleum products up like they are doing right now.

Laws governing oil well drilling require the use of two safety valves on the pipe. The well in question had only one valve and it failed due to a dead battery. The drilling company should have been fined at least 5 billion dollars for neglecting to ensure that two valves were installed and operational, plus all of the damages and loss resulting from the spill. Also resulting from this Obama stopped any more oil drilling off all U.S. coasts and the oil companies jumped for joy. They knew that this would drive the prices of petroleum products up further.
REPLIES (newest first)
Profile Pic
lewisstephens
Sophomore Author Houston

Posts:106
Points:67,560
Joined:May 2009
Message Posted: Jan 30, 2011 7:22:59 AM

The part of this that I disagree with is that the refineries are running at 50%. I work at one and have worked at several others. I can tell you that with exception of Valero, they all want to maximize the profits at any cost. Valero backed their Texas City and other refineries off a couple of years ago when prices fell. And this was clearly stated as an effort to increase prices and thereby profits.
The demand is there and the production is following it. Speculation is the problem. That and the fact we haven't had a new refinery built in this country in 33 years. If it wasn't for incremental increases in efficiencies and new technology we would be paying a lot more than we do now.
Profile Pic
blz619
Rookie Author San Diego

Posts:6
Points:39,375
Joined:Oct 2010
Message Posted: Jan 30, 2011 5:13:58 AM

same story...more money for them! Never changes
Profile Pic
jdhelm
Champion Author Iowa

Posts:12,146
Points:1,226,590
Joined:Dec 2009
Message Posted: Jan 29, 2011 11:52:20 PM

yup on the "energy machine" that he invented - it was supposed to 'change the world' what, 2,3,4 years ago?
Profile Pic
Gas_Buddy
Champion Author Maryland

Posts:26,202
Points:3,061,725
Joined:Aug 2004
Message Posted: Jan 29, 2011 2:32:16 PM

Nice to see that JimWilder is such a contributor to this thread that he started.

Re Discovery Channel; I haven't gone back to see if they still have it linked to their website (the episode, I mean). But I do remember that Newman was in the local press (D.C. area, that is) and that various government and non-government organizations questioned his testing methods, as well as the apparently incredulous results he was getting (or claiming). More than one automotive Magazine (not sure if it was Automobile, Road & Track, or Motor Trend) questioned his results, as well as energy sector people.
Profile Pic
KhelbenArunson
Champion Author Michigan

Posts:4,586
Points:745,565
Joined:Apr 2008
Message Posted: Jan 20, 2011 11:58:03 AM

Actually the device that I was referring to is a magnetic electric drive that does NOT convert 100% energy and of course will eventually wear out. But it was supposed to produce enough electricity to power an entire home in a shaft approximately 6 ft tall and 1 ft in diameter. The information I was referring to came from a actual book, which I wish I still had. I have not seen the discovery channel episode you are referring to but if you could post a link I would very interested in seeing it.
Profile Pic
HeavyDuty_cache
Champion Author Omaha

Posts:13,062
Points:2,505,055
Joined:Sep 2005
Message Posted: Jan 15, 2011 8:48:35 AM

Gas_Buddy - yep, they would be one in the same people.
Profile Pic
Gas_Buddy
Champion Author Maryland

Posts:26,202
Points:3,061,725
Joined:Aug 2004
Message Posted: Jan 14, 2011 5:01:00 PM

KhelbenArunson:

Isn't Joseph Newman the person that said he created a device that harnessed energy from matter at a 100 percent conversion rate, allowing it to produce more energy than was put into it? But he did it in a very controlled or private demonstration. And wasn't that the same device that the National Bureau of Standards said the device put out only 27 to 67 percent of the energy that was put into it, a test that Newman said was, apparently, flawed because the NBS test didn't produce the same results, and that their testing and testing standards were obviously flawed if they didn't get the same results he said they should.

And isn't this the same Joseph Newman that, several years ago, while he was being recorded on the Discovery Channel in Canada became irate when a member of the audience volunteered to check the device he was showing for hidden wires?

Just want to make sure we're talking about the same person.

Profile Pic
HeavyDuty_cache
Champion Author Omaha

Posts:13,062
Points:2,505,055
Joined:Sep 2005
Message Posted: Jan 14, 2011 2:54:36 PM

My sisters, brothers, daughters boyfriends dad gave me these links.

Nikola Tesla , an important contributor to the birth of commercial electricity, and is best known for his many revolutionary developments in the field of electromagnetism in the late 19th and early 20th centuries.

The Energy Machine of Joseph Newman

The Joseph Newman Motor


[Edited by: HeavyDuty_cache at 1/14/2011 2:58:06 PM EST]
Profile Pic
TreasuryGuy
Champion Author California

Posts:3,011
Points:1,284,085
Joined:Jun 2008
Message Posted: Jan 14, 2011 2:23:19 PM

I agree with you, Gas_Buddy. This guy is a "one and done" poster. It's like those urban legend falsehoods that are documented on http://www.snopes.com.

KhelbenArunson, can you post links to some of the references you cite? Thanks.
Profile Pic
Gas_Buddy
Champion Author Maryland

Posts:26,202
Points:3,061,725
Joined:Aug 2004
Message Posted: Jan 14, 2011 2:17:09 PM

I don't remember any story about the chief geologist of the United States Geological Survey disappearing after saying there was an ample supply of oil, but I might have missed. Of course a quick search for the story of the disappearance...well, I can't find any such story.

As for politicians being lobbied and accepting donations from various industries, what's new about that? As for "The people involved in business media are yet another component to the problem. In theory they should be there to report what is happening to the companies and their stocks and NOT use their influence to run the price of oil and petroleum products up like they are doing right now.", the media for the most part isn't running up the prices or driving the run-up; they're reporting - for the most part - on speculators and investors/investment groups involvement in stock and investment; people are the ultimate ones driving prices.

However, the original post was the first and only post on a member's first day on Gas Buddy. He has neither posted a gas price nor a read a news article...and he, obviously, hasn't acknowledged anyone's comments or points of view. So should we assume that his one and only purpose for joining Gas Buddy was to make this post, and to never return?
Profile Pic
KhelbenArunson
Champion Author Michigan

Posts:4,586
Points:745,565
Joined:Apr 2008
Message Posted: Jan 14, 2011 1:39:28 PM

BTW, before you guys just start poking fun at some of these theories, you really should look up some information on free energy and Joseph Newman. Also try looking at some of the research Nikola Tesla did decades ago on this. You will be very angry when you do, I promise you.
Profile Pic
KhelbenArunson
Champion Author Michigan

Posts:4,586
Points:745,565
Joined:Apr 2008
Message Posted: Jan 14, 2011 1:37:23 PM

Actually, I have heard this as well. The price of Oil and by extension gasoline has been inflated for years.
Profile Pic
scoutmaster
Champion Author Pittsburgh

Posts:82,174
Points:3,281,320
Joined:Mar 2003
Message Posted: Jan 13, 2011 6:47:08 AM

I saw this guy! He was snarfing down the 2 for $1.00 weenies at AM/PM!
Profile Pic
jdhelm
Champion Author Iowa

Posts:12,146
Points:1,226,590
Joined:Dec 2009
Message Posted: Jan 12, 2011 10:58:58 AM

heyyyyyyyyyyyyyyyyy u guys, give jim a break, they found the chief geo dude at the Olive Garden in Peanut Flats, Georgia. He was trying to break a Galaltic record for the most free garlic finger bread he could eat at one setting. Last I heard he had consumed 239,150 sitcks of the stuff.
Profile Pic
HeavyDuty_cache
Champion Author Omaha

Posts:13,062
Points:2,505,055
Joined:Sep 2005
Message Posted: Jan 12, 2011 9:03:50 AM

I heard from my sisters, brothers, daughters boyfriends dad that there is enough oil on Mars to supply the United States for the next 100 years. In fact so much oil that everyone could drive a H1 Hummer all the time and gas would only cost 10ยข a gal.
Profile Pic
rumbleseat
Champion Author Winnipeg

Posts:23,072
Points:3,551,075
Joined:Oct 2002
Message Posted: Jan 7, 2011 2:26:27 AM

Another reason for people to have to go through a participation period before being allowed to post original threads.
We need to have no more post-and-runners who spout crap without supporting documentation, then run away.
Profile Pic
tsecruiser
Rookie Author Washington

Posts:28
Points:7,080
Joined:Jan 2011
Message Posted: Jan 7, 2011 2:24:18 AM

I heard that to from a retired colonel friend of mine. He said, there's enough oil in America to last for along time. I agree with you, shipping our oil all over the world is only benefiting the oil companies. Your statement is so true, "All of the politicians involved receive millions of dollars from the oil companies and refineries to get elected and to stay in office, from the president down to the state representatives, senators and congressmen." I didn't know about this, "Additionally, those same companies are buying out the natural gas producers (a heretofore less expensive alternative to petroleum products) in what appears to be an attempt to control the prices of these competitive products as well." Thanks for your facts! Hope more gasbuddy's will read your post! We definitely need to call our Senators and representatives and tell them we know what's going on with oil companies and government. We need to expose the lie.
Post a reply Back to Topics