Alaska’s Gull Island Oil Fields Could Power U.S. for 200 Years
“Crude oil is the real ‘currency’ of the world,” said Lindsey Williams at a gathering of the Midwest Concerned Citizens group in Kansas City on July 22. But Americans will never hear about huge oil and gas reserves in the United States, which, if ever tapped, would bring today’s fuel prices at least as low as $1.50 per gallon and make America more energy independent.
As a Baptist missionary in the 1970s, Williams said he rubbed elbows with members of the world’s power elite—who boasted of detailed 30-year and 50-year plans to control the flow of oil and information.
A huge quantity of crude oil and natural gas exists under Gull Island, located in the waters of Prudhoe Bay in Alaska, says Williams. He cited key British Petroleum memoranda and related the statements of upper echelon oil officials who told him that Gull Island would be kept under wraps, limiting domestic supplies so Americans would someday see prices hit up to $10 a gallon at the pump.
“Every issue in the world today relates to crude oil,” said Williams. The U.S. occupation of Iraq and the saber rattling about attacking Iran fit into the crude oil matrix.
Iran is being targeted because it’s one of several countries that want to use their own currencies for oil sales, rather than using the U.S. dollar. Williams told AFP that any country that doesn’t want to “play ball” with the U.S. government and the financial and oil interests is, in essence, put on a hit list.
The United States, he said, learned that Iran intended to form its own bourse and not use the dollar for oil sales. Therefore, the notion that Iran is a menacing “almost-nuclear” country was trumped up, presented as fact via the corporate media and Iran is now in the crosshairs.
Other nations wanting more independence from U.S. meddling include Norway, Venezuela, Nigeria, Bolivia, Sweden and Russia.
The 30-year plan, which was first proposed three decades ago and is nearing fruition, included smug assurances from oil officials that the United States will triple its crude-oil usage and alternative fuels will not be allowed to gain enough ground to make a difference. They also noted that all foreign oil production will be scaled back to the United States and that Americans soon will pay $4 to $5 a gallon at the pump and could pay as much as $7 to $10 down the road.
In the early 1960s crude oil was selected as a tool of world control, Williams said, adding, “What we pay at the gas pump is a form of taxation.” The American consumer’s dependence on crude oil thus far has enabled people from foreign oil-producing nations to buy T-bills (U.S. treasury notes) in order to support the U.S. national debt and continued deficit spending. The need to support that debt puts the U.S. government in a bind, forcing Americans to remain dependent on foreign oil.
Williams, as a chaplain in 1970 when the trans-Alaskan oil pipeline was finished, ministered among the pipeline workers. However, as time passed he made a favorable impression with the top brass and was asked to improve worker-company relations. Next thing he knew, he said he was sitting at meetings of the World Bank, the International Monetary Fund and various meetings of oil executives over a three-year period.
He told AFP that the IMF-World Bank acts as a middleman between oil producing nations and refineries. In so doing, they set oil prices, he said.
The big event in that three-year period was in 1977 when an Atlantic Richfield oil executive told him, “We have just drilled into the largest pool of oil in North America—[and] in the world!”
That pool was Gull Island. It was said that there was enough natural gas to supply America for 200 years. But to this day, “not one drop” of that oil has been released to American refineries, Williams said.
Williams said the executive had warned him that the Gull Island find was highly classified. Do not repeat any of this, he was told. Obviously, that warning did not stop him.
(Issue #33, August 14, 2006)
Google the Cookie Monster. Monopolies devouring democracy and freedom.
The Six Ways on Sunday, Carbon Currency end game 16 to 1 on, what are the odds of that?
The Economic Superorganism: Review and criticism. Close but no Cigar.
Unravelling Catastrophe. Seeds of Hope or Seeds of destruction.
12log 2-8’ers gonna 12log 2-8, and Haters Gonna Hate. #Aadhaar
AUGUST 20, 2019
Iran and Syria curiously remain outside of Alpha group BIS control as well.
The ECOE of energy is a very important part of the Equation for the required Paradigm shift should Peak oil be real? To be clear I do think Peak oil is real and Peak Hydrocarbons may also be real, there remains a part of my mind open though to Abiogenic theories, not least because the Pharma Industry has suppressed bacterial phages medicine in the west since the 1920s and I am far from convinced that Hydro Carbons are Fossil Fuels, Fossil fuels are an Inductive theory as it applies to both Steam Coals and Crude oil, and Skeptisism needs a little help from the cynicism engendered by a thoroughly complete contempt for the Kakistocratic Corporate and State Bueracratic political institutions that have only got worse and worse in the past 40 years which has accelerated since NAFTA and Maastricht.
So as I say be like Vinnie this is as Edmund Burke says above,
“because it is more easy to change an Administration than to reform a people.”
OIL. THERE ARE SEVERAL TRILLION BARRELS OF OIL IN PLACE BENEATH THE EARTH’S SURFACE, OF WHICH ONLY A SMALL FRACTION HAS BEEN PRODUCED. IN THE PAST, RECOVERING 30% OF THE OIL IN KNEELED WAS THE NORM. TODAY THE INDUSTRY IS RECOVERING WELL OVER 50% USING ADVANCED RECOVERY TECHNIQUE. WE SEE CONSIDERABLE UP SIDE POTENTIAL FOR EVEN GREATER IMPROVEMENTS IN RECOVERY IN THE FUTURE. TO PUT THIS INTO PERSPECTIVE, LET ME GIVE YOU AN EXAMPLE. A 1 PERSON INCREASE IN RECOVERY FROM SAUDI ARABIA’S FIELDS WOULD BE EQUIVALENT TO APPROXIMATELY 1 YEAR’S WORTH OF PRODUCTION OR, ROUGHLY, 3. 5 BILLION BARRELS. AS YOU WILL HEAR IN GREATER DETAILS, DURING THE PRESENTATIONS TODAY, BY SAUDI ARAMCO THERE ARE A NUMBER OF EXCITING UPSTREAM TECHNOLOGIES BEING IMPLEMENTED AS PART OF OUR MASSIVE CAPACITY EXPANSION PROGRAM. WHICH I WILL TALK ABOUT TOMORROW. THEY WILL SHARPLY CUT DEVELOPMENT AND OPERATING COSTS, INCREASE RECOVERY VOLUMES, AND EXTEND PRODUCTION PLATEAUS. BY SYSTEMATICALLY APPLYING THESE CUTTING-EDGE TECHNOLOGIES WE ENSURE THE — THAT SAUDI ARABIA WILL CONTINUE TO BE THE MOST RELIABLE SUPPLIER OF ENERGY TO THE WORLD. THAT’S WHAT GIVES ME GREAT CONFIDENCE. THAT OUR INDUSTRY WILL OVERCOME TECHNICAL CHALLENGES AND MEET THE WORLD’S GROWING DEMAND FOR PETROLEUM PRODUCTS. AS I MENTIONED EARLIER, A STATIC VIEW OF TECHNOLOGY HAS LETH LED SOME TO BELIEVE THAT WE ARE — HAS LED SOME TO BELIEVE THAT WE ARE NOW RESOURCE CONSTRAINED. HOWEVER, HISTORY HAS SHOWN THAT OUR INDUSTRY CAN SUCCESSFULLY HARNESS THE POWER OF TECHNOLOGY TO EXPAND THE KNOWN RESOURCE BASE AND MAXIMIZE PRODUCTION. AND I LOOK FORWARD TO PARTICIPATING IN THE FORUM TOMORROW MORNING AT CIS WITH MY FRIEND, SECRETARY OF ENERGY BODMAN WHO I KNOW IS ALSO VERY INTERESTED IN THE ROLE OF TECHNOLOGY AND MEETING FUTURE ENERGY CHALLENGES. THANK YOU AGAIN, LADIES AND GENTLEMEN. FOR PARTICIPATING IN THIS IMPORTANT AND INFORMATIVE CONFERENCE. [APPLAUSE].
IMPROVEMENT DURING THE LAST 30 YEARS. SUCH PROGRESS HAS CREATED ENORMOUS BENEFITS FOR THE WORLD’S ENERGY CONSUMERS. FOR A START IT HAS ENABLED US TO CONSISTENTLY GROW THE WORLD’S COMMERCIALLY VIABLE RESOURCE BASE IN DEFIANCE OF SO-CALLED PEAK OIL PREDICTIONS. IN 1950, IT WAS ESTIMATED THE WORLD’S CONVENTIONAL RECOVERABLE RESOURCE BASE WAS ABOUT 1 TRILLION BARRELS. BY THE YEAR 2000, THAT ESTIMATE TRIPLED TO 3 TRILLION BARRELS. IMPROVED SEISMIC MAPPING METHODS DEEPER ON AND OFFSHORE DRILLING AND PRODUCTION SECOND NEXT, RESERVOIR SIMILARITIES AND OTHER TECHNOLOGICAL ADVANCES ENABLED US TO ESSENTIALLY GROW THE EARTH’S ACCESSIBLE ENDOWMENT. TECHNOLOGY HAS ALSO ENABLED US TO DIVERSIFY SUPPLY SOURCES BY DEVELOPING MORE ENERGY FOR MORE LOCATION AROUND THE WORLD.
1 thought on “Inflation, Austerity by other means. Divide and Rule , The world is awash in Energy. The Non Energy Crisis.”