I’m reposting an OIL FACT SHEET for us. Print it and carry it WITH YOU please.

There is no shortage of permits to drill on off shore acreage. Oil companies sit on those permits and don’t produce oil until the price is sky high in order to exploit the market. They are controlling the price through unregulated speculation and then once they get the price nice and artifically high they sell. Sound familiar?

That’s because It’s the Enron scam.
http://query.nytimes.com/gst/fullpage.html...agewanted=print

FINALLY CABLE NEWS CATCHES UP TO US!

Hearings were held TWO WEEKS AGO and I’m not stopping until the rest of the NEWS organizations TELL THE PEOPLE THE TRUTH!

WATCH THE REPORT
http://www.msnbc.msn.com/id/21134540/vp/25217169#25217169

WATCH MICHAEL GREENBERGER TESTIFY BEFORE THE SENATE COMMERCE COMMITTEE
http://www.youtube.com/watch?v=zbdtTGYQBMU

Unregulated banking practices are also allowing out of control speculation on oil and gas. Unregulated banking practices also caused the HOUSING BUBBLE. Two Bear Stearns Managers were arrested today.

Meanwhile, that freak Larry Sinclair who said he had sex and did coke with Barack Obama was ARRESTED just after his PRESS CONFERENCE at THE NATIONAL PRESS CLUB. Apparently Larry had outstanding warrants and has a 27 year criminal record. DOH.

New smear. Obama’s Half Brother Malik who lives in DC and has a home in Kenya is misquoted by BRIT HUME in order to imply that Obama a devout Christian is really a closet Muslim. I’m shocked I tell ya!
http://mediamatters.org/items/200806180008

What Malik Obama actually said: "Because I am a Muslim myself, and I don't think that my being a Muslim has got anything to do with my brother being the president of the United States."
HTTP://WWW.FIGHTTHESMEARS.COM

MORE RACIST CRAP – The Texas GOP is giving out buttons that say “If Obama wins can we still call it The WHITE House?”
http://trailblazersblog.dallasnews.com/arc...-pin-in-it.html

State GOP reacts quickly:
http://www.newsmax.com/politics/texas_gop_.../18/105592.html

THE POLLS

Obama leads McCain in the battleground states of Florida, Ohio and Pennslyvania.

Obama leads McCain in Florida 47-43

Obama leads McCain in Ohio 48-42

Obama Leads McCain in Pennslyvania 52-40
http://www.sfgate.com/cgi-bin/blogs/sfgate...;entry_id=27407


HOMEWORK

OIL/DRILLING

SPECULATORS IN OIL AND GAS – SAME AS THE SPECULATORS IN THE MORTGAGE MARKETS
http://www.reuters.com/article/newsOne/idUSN1933803520080619

More proof; Wall Street is its' own separate nation, unconcerned with the good of the United States; Street lobby working furiously to head off any regulation or oversight of oil speculation:

".....In a pair of lengthy and sometimes testy closed-door sessions in the Senate last week, executives from Goldman Sachs and Morgan Stanley, two of Wall Street's largest investment banks, made the case that their multibillion-dollar investments in energy contracts have not led to higher oil prices. Rather, they told Democratic staff members of the Energy and Natural Resources Committee that the trades allow international markets to operate efficiently and that the run-up in oil prices results not from speculation but from actual imbalances of supply and demand. ....."
http://www.msnbc.msn.com/id/25253877/

GAS PRICES – THE FACTS!!!

- Republicans and Democrats have a fundamentally different approach to tackling high gas prices

- Republicans offer the same old tired slogans that they have touted throughout the Bush years and that haven’t done anything to combat the increase in gas prices

- More Drilling: Domestic drilling has not led to lower prices. Since 2000, drilling has increased dramatically – climbing about 66 percent– while gas prices continue to increase. and gas companies have shown that they cannot keep pace with the rate of drilling permits that the federal government is handing out – over the past 4 years they have received and are sitting on nearly 10,000 permits that they aren’t using to increase domestic production. Since 1999, drilling permits for oil and gas development on public lands increased more than 361 percent.

- OCS: The vast majority of federal oil and gas resources located on the OCS are already open for development - of all the oil and gas believed to exist on the OCS, nearly 80% of oil and 82% of natural gas is located in areas already open for leasing. In 2006, the federal government opened 8.3 million new acres in the Gulf of Mexico to drilling, yet gasoline prices have increased by $1.69 per gallon. Only 10.5 million of the 44 million leased offshore acres are actually producing oil or gas.

- Open ANWR: EIA estimates that if we open ANWR today, twenty years down the road, at peak production, gas prices would be lowered at the maximum by $1.44 per barrel, which translates to only a few cents a gallon. Increased conservation and the use of alternative technologies in the last three years have cut the projected need for imported oil between now and 2050 by more than 100 billion barrels (EIA) – ten times more benefit than what we might be able to get a decade from now from ANWR.

- More Refineries: We have excess refining capacity. Last week, our refineries were running at 89% capacity – well below the 95-98% capacity use rates we’ve seen this time of year for the last decade. Republicans argue that environmental regulations are preventing new refineries from being built in the U.S. From 1975 to 2000, the U.S. Environmental Protection Agency (EPA) received only one permit request for a new refinery, which was approved. In addition, oil companies are regularly applying for – and receiving – permits to modify and expand their existing refineries.

- Democrats are being aggressive today to lower prices and reduce dependence on foreign oil while thinking ahead to tomorrow

- Working to Address Rising Gas Prices

- Enacted legislation to increase oil supply by temporarily suspending the fill of the Strategic Petroleum Reserve, the nation’s crude oil stockpile. (H.R. 6022)

- Gave the FTC new authority to crack down on those manipulating wholesale energy markets to keep prices high in the Energy Independence and Security Act (H.R. 6)

- Approved the Gas Price Relief for Consumers Act (H.R. 6074) to hold the OPEC monopoly accountable for price fixing that flouts the free market and artificially drives up the cost of crude oil.

- Passed the Federal Price Gouging Prevention Act (H.R. 1252) to investigate price gouging by retailers who may be using the cover of high prices to unfairly inflate their rates even further.

- Investing in a Sustainable, Energy Independent America

- Enacted the landmark Energy Independence and Security Act (H.R. 6) that raised vehicle fuel efficiency for the first time in 32 years and increased the renewable fuels standard.

- Passed the Renewable Energy and Energy Conservation Act (H.R. 5351) to end unnecessary subsidies to oil companies making record profits and invest in clean, renewable energy and energy efficiency.

- Approved the Renewable Energy and Job Creation Act (H.R. 6049) to renew and expand tax incentives for renewable energy.

- Passed the Food and Energy Security Act (H.R. 2419) that promotes the development of biofuels, including those from non-corn sources.

- We are continuing to talk with Committees about further possible action.

FLASHBACK - THE ENRON SCAM
http://query.nytimes.com/gst/fullpage.html...agewanted=print

DARK MARKETS
http://www.cbsnews.com/stories/2008/06/17/...in4188620.shtml

Perhaps 60% of Oil prices are driven by speculation
http://www.financialsense.com/editorials/e.../2008/0502.html

ICE ICE BABY - PART ONE
http://www.star-telegram.com/104/story/651928.html

ICE ICE BABY - PART TWO
http://www.star-telegram.com/ed_wallace/story/659081.html

THE HOUSING BUBBLE WAS CAUSED THE SAME WAY!!
http://www.washingtonpost.com/wp-dyn/conte...8061401479.html

Housing rescue bill could be slowed by Republicans
http://ap.google.com/article/ALeqM5hTPEQZy...6Lz3mgD91CP8SO0

Now banks need bankruptcy protections!
http://www.washingtonpost.com/wp-dyn/conte...8061803225.html

Even as two former Bear Stearns managers DO THE PERP WALK
http://www.reuters.com/article/newsOne/idUSN1933803520080619

ECONOMY

Deciding between food or gas? The winners in our global wealth redistribution these past 8 years are enjoying $200 hamburgers.
http://www.cbsnews.com/stories/2008/06/18/...in4193240.shtml

The futility of 'Drill Now. Save Money'; Time outlines a timeline
http://www.time.com/time/business/article/...1815884,00.html

"...... even if tomorrow we opened up every square mile of the outer Continental Shelf to offshore rigs, even if we drilled the entire state of Alaska and pulled new refineries out of thin air, the impact on gas prices would be minimal and delayed at best. A 2004 study by the government's Energy Information Administration (EIA) found that drilling in ANWR would trim the price of gas by 3.5 cents a gallon by 2027...."

Fine! More offshore drilling. THERE ISNT EVEN ENOUGH SHIPS TO GET THE DAMN OIL!
http://www.nytimes.com/2008/06/19/business/19drillship.html

IRAQ

Nah. It was never about oil:
http://www.msnbc.msn.com/id/25256439/

And Yes, They Are NO BID contracts:
http://www.nytimes.com/2008/06/19/world/mi...ast/19iraq.html

The Wussout Is Complete. Iraq War funded through the end of the Bush Administration:
http://www.nytimes.com/2008/06/19/washington/19spend.html

We've got it from here, thanks. Go Home. IRAQI forces launch militant crackdown.
http://www.gulfnews.com/region/Iraq/10222182.html

MIDDLE EAST

Results of actually talking to all those 'murderers and terrorists'. Israel wakes up to a cease fire today.
http://www.mcclatchydc.com/251/story/41526.html

$163 billion for the war.

$2.5 billion for the Midwest that is now under water.

You gotta be kidding me.

Geez, where does she get all of this stuff? Must have elves working in the background

Randi is amazing like that. This is the main reason I listen to her. She is the most well researched hosts in talk radio (and on TV for that matter...) If it weren't for Randi, I never would have read the Shock Doctrine. That was a true eye-opener.

Haliburton, KBR, and Blackwater don't get paid in Iowa, In Dick Cheney's Amerika Iowan's should be happy they are getting anything at all.

We should have let BushCO back the trucks up to the federal reserve and cut out the middleman. Would have saved many lives.

He could care less about lives. King George the Fool.

I'm disappointed with Dem leadership "compromising" a.k.a. BOHICA from Boehner, et. al.

I'm still getting the hang of posting to the board but YES!...Randi is the TRUE GODDESS!!!

The Shock Doctrine made me feel ashamed to be an American...to discover that this is what was being done (is being done) in our name.

The ENTIRE Bush Crime Family belongs in PRISON!!!

May God have mercy on their everlasting souls and may God have mercy on mine for what I think and feel about them!!!

During the last boom to bust cycle they ran out of drilling ships. Oh and hmmmm, I think Zapata Oil was in on that deal heavily like I think there is a now a Zapata Security firm too. If only I was one of the good-ole-boys from Houston, I would not be typing now. Both parties talk about short term, mid range and long term plans. Boy if Ken Ley could talk today, would that be something, huh ? So Obama is very right on talking about a 10 year lag here on some projects oh well, back to Iraq.

Welcome to the board fellow newbie. It is sad this rodeo clown got into office posturing as a Christian. If he is, he is a throw back from the dark ages.

Indeed, welcome, this is where it all begins!!!

The big question I have is if drilling and permitting has increased so much, why hasn't production?

See: http://tonto.eia.doe.gov/dnav/pet/hist/mcrfpus1m.htm

Are they keeping prices artificially high to try to keep a fascist in the White House?
Or are they just waiting to see what the next administration brings, maybe in fear of a repeat of the 1981 oil glut?

KEITH OLBERMANN'S STORY "MCCAIN, GAS PRICES & ENRON LOOPHOLE"

Video URL: http://video.msn.com/video.aspx?mkt=en-US&...80-673213cc6a76
(If you are unable to click the link, please copy and paste the URL in the browser to watch the video.)

Georgia, they will push prices until they see a dip in demand. Hard to say what objectives the mice and men did have. Allowing for excessive liquid capitalization could have been based on an expection of developing Iraq. In that case, I would say they are lousy investment portfolio managers having all their eggs in one basket getting hung up due to ethno-sectarian violence. Call this low key civil war result a failure of risk assessment or ideology on paper not matching reality. Hey, we are in this together, Chinese have lots and lots of troops, hehehehehhe. And then there is conservation through price.

Again, here we go sheeple..... the first of the oil crisis started with Katrina where they pushed gas up to 3 bucks, and no one stopped them. Since then they have our gas going for almost 5 bucks around here now. There is nothing to stop them, they are making mass money, and now we are repealing our laws against drilling in protected areas. The energy companies now have it all, so what is next? Did you hear that they won't be putting the oil onto the open market, so I am now supposed to take this bullcarp(not misspelled) at their word?

McClatchy News has a list of detainees.

Here is the link: http://detainees.mcclatchydc.com/




I Hope I posted this in the right place. It's a bit confusing for a newbee.

Is it possible that there was an oil glut due to the oil companies shutting down the refineries in 1979. Remember odd and even days, not only did I pull into port in Port Hueneme in 79 for the last time, one of my first jobs as a civvy was in a gas station at the time. I saw tankers in port waiting to get unloaded, no one was going out to unload them. What happened to everyone back then was a crime. It is happening again but these criminals are affecting everyone globally this time. The next oil shortage that causes odd even days, I suggest the media show the tankers lining up.

You got it right...welcome (as others have welcomed me)...we'll get the hang of it!

java script:add_smilie(":light:","smid_56")
light.gif

Micheal Greenberger speaking before Hearing of Oil Speculation on Washtington Journal....

RealPlayer video link:

rtsp://video1.c-span.org/project/energy/energy_wj052708_greenberger.rm

SEE IT ONLINE. NETFLIX subsribers can view ENRON (smartest guys in the room) online for no extra charge.
Watch it now!

Speak for yourself. I don't appreciate being lumped into that category. Not everyone here at the RRMB is a "sheeple".

I work in a very conservative company in LA. A large coffee clatch was happening and the topic was gas prices. Without having to say a word, a very "regular joe" kinda guy said that the gas situation was just like the Enron situation in CA. Other chimed in and actually used the word "speculation". People are getting it.

PS:

Don't forget to do your homework peeps!!

The oil glut: http://en.wikipedia.org/wiki/1980s_oil_glut

We may be there again, despite problems in Nigeria. High prices are again sparking conservation here, and now China is boosting prices 8% to reduce their own demand.

oh dear god
why do they ask him to talk anymore

King George the Fool
just compared the FLOODING
to a game of poker

We've been dealt a bad hand
and he's confident we'll play it right



looks up: G.W.B. in dictionary...
reads: Congratulations, you are officially a WORLD CLASS SON OF A BITCH!

Indeed

Randi is HOT today!

I am so thankful for her. She's making a HUGE difference by figuring out what these crooks are doing to us and explaining it in such a clear way. Maybe they won't get away with it this time.

Today reminds me of that 1987 movie Broadcast News. Randi says it on the radio and Keith repeats it on TV.
Like when William Hurt says to Holly Hunter, "IT'S LIKE GREAT SEX!"

~ Charell

LA--
I agree with you, people are getting it. I was at the Dental Surgery this morning with my kid ($$$) he doesn't have insurance and needed a root canal. Anyway, everyone in the waiting room was talking about the gas prices, and they are mentioning words like "Enron, and speculation". I didn't have to contribute to the conversation, but AZ is Republican territory, I just smiled. I am friends with the receptionist and I just quietly asked her to change the radio station cause Randi was about to air. She and I were amazed as people were leaving they asked what the station caller i.d. was because they wanted to continue listening in their car. A lot of die hard McCain voters, are seeing the light and are not going to rubber stamp him back office.

Additionally, I have just sent email to every Democratic Senator regarding what I have learned as a result of Randi and doing my own homework regarding the Enron loophole and Oil Drilling Leases, and gas prices. I even made a copy of the email to give to my friends and neighbors to send to Senate. Unfortunately, we don't have Democrat Senator in AZ, but that is about to change I hope.

[quote name='RandiRhodes' date='Jun 19 2008, 01:08 PM' post='48871']
I’m reposting an OIL FACT SHEET for us. Print it and carry it WITH YOU please.

Am I missing something? I don't see where she posted the Oil Fact Sheet.

New at this I hope it doesn't show too much.

Here's what's going on with oil price manipulation in general:

1) According to Ray Kurzweil we, meaning the world, even the developing world, will be running on 100% solar by the year 2020. That is only 12 years. This will be possible due to the exponential growth of innovations in solar technology. We have met the 1% capacity needed to achieve 100% through exponential growth. Currently solar technology is doubling every two years so 1% becomes 2, then 4, then 8, then 16, then 32, then 64, then 128.

Ray Kurzweil, scientist, futurist, consultant for the US army on all kinds of things related to technology, author of The Singularity is Near (can be viewed on youtube at the Stanford conference giving a presentation on this topic), has a website RayKurzweilAI.net, recently on Glenn Beck of all places discussing near future events and what to expect from technology that will change everything, etc.

2) There have been no new refineries built because by the time they would be online oil would be over. The oil companies are buying up all their own stock with their obscene profits which is an indication that they will be transitioning out of oil in the near future.

3) We are on the verge of a paradigm shift from a zero society on the evolutionary scale to a one society. Zero societies burn fossil fuels, one societies use star power (solar) for energy needs. One societies also have many other characteristics such as a one world government, a world wide communication system (the www is a precursor to this), radical life extension (cures or preventions for 95% of all degenerative diseases, will not use nukes to self annihilate, etc. Michio Kaku's book Visions has a good discussion of the scale of societies from 1 to 5.

4) Daniel Sarewitz a geologist who became a congressional aid during the 90's because he was concerned that there was too little input from the science community into all things to do with the government, stated on Michio Kaku's science show, Explorations, in 2003 when asked about his opinion on whether or not this world would make the transition without blowing ourselves up re the US government's concern about Iran and nukes said, "There are things we have been told not to talk about, but what I think I can safely say is that there are a handful of cabals around the world vying for control of the coming one world government and everything you see happening now is related to that."

5) Control of developed oil regions #1- the middle east and #2- the US would make it much easier to take control of a one world government if control is taken before the paradigm shifts.

6) Oil companies and investors are hurrying to get the last dime out of a dying industry before new technologies in solar make fossil fuel burning obsolete.

7) Unfortunately, the most dangerous time for this theoretical society trying to make this transition is at the very end of the zero status because said society will still self annihilate and the fight for control of the one world government will most likely involve military action.

Just some things to think about.

I saw it in the theatre.

It was also on tv a couple of weeks ago and is in the local video store.

Yes!
And Shock Doctrine CHANGED MY LIFE.
It's a religious text I tell ya!

June 1 1972
The Government of Iraq Nationalizes the Iraqi Petroleum Company, a western-owned consortium which has produced and marketed Iraq’s Oil for almost 50 Years.

It changed mine as well. Now I know it when I see it and I think we are seeing it right now with the gas prices, food prices and mortgage crisis. I wonder what's coming next?

Great post with a lot of thoughtful references. I too am new and have screwed up at least 1 or 2 attempts, but you were flawless.

[quote name='RandiRhodes' date='Jun 19 2008, 02:08 PM' post='48871']
I’m reposting an OIL FACT SHEET for us. Print it and carry it WITH YOU please.
[font="Tahoma"][/font][size="3"][/size][color="#800080"][/color]


Thank you for the excellent homework. It's great to be back on this board! Long live Godess Randi

Peace to all...Clarice

Adding to the above, it is important to see the nature, scope and power of the idea of "democracy". This is something that is changing, from a passive reliance/dependence on government and other institutions (like corporations) to do the "right things". We only had to vote, go to church, volunteer for good causes and obey the laws, pay our taxes, do jury duty, etc. Since the abonimation called the Bush Administration, we are moving to engaged activism...like a unifying of minds and ideas to make actual change happen. There is an emergence of talk of a kind of a "shared conciousness", but not like religions. I think it's a broader view, as referenced by Kurzweil and many others, where our social values and views of acceptable behaviors changes.

I ran across the following excerpt from the E.F. Schmacher Society's website:http://www.schumachersociety.org/publications/Turner_07.html?query=creator%3A%22E.%20F.%20Schumacher%20Society%22

What about Us--the Earth's People?
by Charles Turner

--------------------------------------------------------------------------------

Twenty-Seventh Annual E. F. Schumacher Lectures
October 2007, Great Barrington, Massachusetts
Edited by Hildegarde Hannum
©Copyright 2007 by the E. F. Schumacher Society and Charles Turner

..."Those of us who appreciate the importance of being stewards of the earth also have to develop an appreciation of our responsibility to create a global society, a sane global society, where we all are stewards of economic structures designed for the benefit of all and based on our awareness from a spiritual perspective that Martin Luther King’s statement that an injustice to one is an injustice to all is not mere rhetoric. It raises the question of how to find healing energy for a body politic that has been fixated on the idea that what is most important is what benefits me and mine instead of recognizing that we are all linked together with the earth. If the earth and the human race that is part of it are to be saved, we must expand our consciousness beyond a concern with self to a concern for the whole."

That pretty sums it up for me.

No disrespect intended Mr Dan, I am glad to hear that people are really getting to use their brains. Your story made me feel better. I see sooo much ignorance going on in the world, makin me skird.

I am encouraged because Kurzweil said that the internet is a very democratizing thing as long as it stays unregulated by the government (I was worried when microsoft tried to buy youtube, it is the most democratic site). Also congress has made rumblings about trying to regulate it because of porn. I expect to hear about the "war on porn" any day now.

He stated further that "they are trying to slow it down but were too late and nothing could stop it now" (except of course that self annihilation thing which is no small thing considering the obvious disdain for human life exhibited by this administration and other elites who refer to ordinary people as "useless eaters"). He said this while taking part in a panel discussion on transhumanism on Coast to Coast. The self annihilation thing is a very real threat and Kurzweil gave us a 50-50 chance of making the transition from a zero to a one until it became obvious that the Bush administration is determined to bomb Iran then he said we have maybe a 60-40 chance of not making it.

The recent attacks on congressional computers reportedly from a site within China are possibly a false flag operation that parallels the story line in Richard Clark's book Breakpoint, I believe that Clark is trying to warn people about the danger of the religious fanatics in the military and their determination to prevent innovations from becoming reality. Blackwater is run by a religious fanatic and Randi has relayed on her program before how the military has been screening soldiers to see if they are of the right religious persuasion. If we bomb Iran then we will be at war with Russia, if they take the bait.

We are preparing for an expanded war now because the ammunition base in McAlester, Ok. just hired 300 more employees to add to the bomb production lines which are running around the clock. This happened before the gulf war and before we invaded Iraq. Also Bush was quoted in the newspapers a couple of days ago as having told France's Sarkozy paraphrasing, "I don't leave office until January so I have time to do something else."

I recommend everyone to check out Catherin Austin Fitts website solari.com. She was an Assistant Secretary at HUD in H.W. Bush's administration and said she discovered that HUD was a giant money laundering operation for narco dollars and refused to go along to get along and was threatened that they would destroy her if she didn't keep quiet. She also has been on Coast to Coast and has a youtube video presentation on the tapewom economy and predicted many of the things going on in our economy now. Catherine talks of karma and the greater good and concern for the whole also.

The problem with playing politics with impeachment is that allowing war criminals to keep the office is the same thing as collusion in the crimes. We have the best government that corporate money can buy and it shows.

At our house we have a plan for surviving it all, "Sit down, shut up, and hold on." Not very proactive but then again I don't see anybody calling for a national strike and marching on Washington is not very practical. I'm not very good at shutting up but Oklahoma' s senators are the worst of the worst - Coburn and Inhofe.

Still as I said I am encouraged. Life will go on and ultimately the greater good will prevail I believe because the word is getting out, even the delusional far right know that something is very wrong.