Peak Oil Hoax Debunked

Peak Oil theory was contrived by Shell Oil to give the market the perception that oil was scarce which in turn would lead to market participants bidding up the price of oil based on the false belief that the world was running out of it. For over a century, people have been claiming that the world is running out of oil and the production has reached it’s peak output. But of course this has still yet to happen, and quite the contrary more oil discoveries continue to occur. According to Lindsey Williams, one of only two people on Earth to publicly predict the collapse in the price of oil in 2008, there’s enough oil in Alaska alone to power America for 100 years. There’s oil in Texas, Los Angeles, Santa Barbara, Pennsylvania, Alaska, The Gulf of Mexico, Russia, Indonesia, Libya, Saudi Arabia, Iran, Iraq, Qatar, Kuwait, UAE, etc etc etc. There’s oil everywhere, there is no shortage, far from it. There is an oil derrick right next to Beverly Hills High School and it is still pumping to this day! Peak oil is a fraud, a hoax, a clever ploy by Shell Oil Corporation, the same people that promulgate scientific quackery like anthropogenic global warming.
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4 Responses to Peak Oil Hoax Debunked

  1. Steve in Hungary says:

    Yeah, yeah – right. That’s why the US has been in decline since 1971, Mexico, North Sea, etc, etc… All in decline. That’s why peak discoveries were in the 1960s. That’s why consumption overtook discoveries in the 1980s. And that’s why we are now having to explore and extract in some of the most inhospitable environments on the planet right at the limits of human technology.

    • Jesse Kantstopolis says:

      US oil in decline? That’s a bunch of nonsense. There still pumping oil all over Los Angeles to this day. They’re pumping in Beverly Hills, Hollywood, Culver City, Long Beach, all over the place and that’s just LA. They’ve been pumping oil there for over 100 years and it’s still coming out of the ground. It’s still in Texas, Oklahoma, it’s all over Alaska. Let’s see some proof to back up your claims, where are your sources. Did you even know that Russia is the world’s largest oil producer? They’re neighbor Kazakhstan is booming because they have so much oil. There’s been huge discoveries in Indonesia, Russia, Brazil, the US, all in the last few years. There is no shortage this stuff is everywhere, I didn’t even mention half the countries oil is in. Any supply problem is due to government regulation and limits on where people are allowed to extract this stuff. The price of oil isn’t going up because supply is going down, the price of oil is going up because the dollar is losing value. If you measure oil in silver or gold the price is not rising. The oil companies want people to believe that oil is a scarce resource. If the market believes we are running out of oil they will artificially bid up the price, thus benefiting the oil companies. Don’t you get it? Read Lindsey Williams’ “The Energy Non-Crisis.” He worked at Prudhoe Bay for years he knows the facts.

      • Anonymous says:

        All I see is you rambling on without any backing of your claims as well. I have done the research and added up the facts and peak oil is as real as it gets. Pull your head out of your ass along with everybody else and back up your claims with hard proof.

  2. Anonymous says:

    Where is everyone’s proof? Even if it is a hoax or real, why are we not thinking about clean forms of energy in substitution? Ever hear of the documentary “Who Killed the Electric Car?”. Did we all forget that we had the technology to run transit systems without oil decades back? The reason why people want to disprove the oil crisis is not because they truly think it is a hoax, it is because they are too afraid of what their worlds might look like without the extra profits from oil. Oil WILL run out. Whether it is soon or a hundred years from now, and we will all be looking like idiots with collapsed societies because we never stopped to realize that life isn’t just about profits.

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