I would like to review some of the current events. Today we will talk of oil: In 2005, after the Bilderberg meeting in Rottach-Egern, I wrote in my annual report that the price of oil will rise to over $ 100 within a couple of years. 2005 plus a couple of years = 2007. Here we are. Barrel to $ 100. We have had several discussions and debates on the page with the readers regarding the price of a barrel. Now it's official. $ 100. Debate closed. I win.
However, rise much more. It is what the International Energy Agency said. According to IEA, "the demand for oil will decline over the last months of 2007 and in early 2008," published by El Mundo, November 14. In fact, it is not. The demand can only go further, because obviously people in the first world in the months of winter in the Northern Hemisphere will need energy to heat their homes. According to the World, "things could also change the medium term the impact it may have on the market the findings of petroleum resources in China and Brazil, which could provide 1.5 million barrels," the market.
This is not true, as it is smooth and easy to use insult. In actuality, the world is using 84.5 million barrels a day. Within a decade, we will need about 120 million barrels or more. It took about 7 years since we find oil until you get into our car. Adding 84.5 to 1.5 gives us 86. Question: Where will we get what we need? Answer: because there is nowhere else. We still have 20 years of oil.
We have "progressed" from 1859 to 2007 and 0 barrels and 84.5 million barrels a day. By all calculations, the ability of human innovation would lead to a maximum of 95 million a day. Dick Cheney four years ago told a conference in London that closed within 10 years we will need about 50 million.
Obviously, the 1.5 million barrels Chinese and Brazilians do not change the desperate apocalyptic world view. I repeat again, for readers with clear signs of amnesia - Peak Oil will bring a catastrophe of cataclysmic proportions and unprecedented in the history of mankind. Why? Because our industrialized society can only function with an abundance of cheap energy.
For example. For 4 euros you can run 60 kilometers. How long would it take to push the car the 60 miles? How long would it take to push the car 60 miles if we left the car keys at home? Scientists at the University of Nevada have calculated that a person would take 6-8 weeks to make this journey to work full time. That is, 50 cents a week. Even in China, labor is so cheap. It is the power of cheap energy.
I read somewhere U.S. website some comments from readers saying that the rich and powerful are hiding oil to charge more money in the future. In fact, the stock market works the other way around this logic fragile. We shall see. The oil companies want to announce to the world as oil discoveries because these sites provide the money to the account of results from companies such as BP, Shell, Texaco, Amaco, etc.. Petroleum sector companies translates into profits. Earnings ensure that the listed company's shares soaring. The more oil, better for companies.
Even worse, we are selling conspiranoics alternative in no way be able to sustain the global economy needs almost daily 90 million barrels. The story of ethanol is that, a story and a hair tomadura. A recent study by the University of Minnesota shows that if the U.S. convirtiésemos in a cornfield, only 12.5% could supply the energy needs of the country. We also need about 5 liters of oil to produce 3.8 liters of ethanol. So if that is striking is that the guy has more money invested in one of the major companies - Pacific Ethanol Inc, is called Bill Gates - 25% of the company is yours.
Hydrogen is just as useless also needs nuclear power or natural gas to release the energy stored in hydrogen: 4.4 liters of hydrogen to make 4 gallons of gasoline. Nuclear power is still the best. However, it is too late. We need 10 years to get it going. We do not. Second, the uranium has risen from $ 10 per half kilo in 1995 to $ 100 in 2007. At the financial level, it is no longer viable. The argument is purely economic.
Sun and wind used to have a garden of tomatoes on a farm in Cadiz. In addition, the army needs oil. To date, the fighter planes and tanks are not corn. The economic and geostrategic implications are unprecedented. I want to ensure that everyone understands. The Rockefellers of this world will not cool, ever. We'll have us, dirty and quite undesirable mass to elite interests. The war, as I said yesterday waged against Osama bin Laden, but against us. We are the enemy, for we are many, because many of us eat and spend only the planet's natural resources without contributing anything. At the global level and from the point of view of the most powerful, must die ... so they can continue living.
I put a link to an interactive website well worth to consider. Clicking on the countries we can see the energy resources of each of them, the peak years and projections of the future. Be advised that it is absolutely chilling. Russia, for example, the second largest producer of oil passing its peak 20 years ago.
http://wolf.readinglitho.co.uk/mainpages/oilworldmap.html
Finally, the response to an email from a reader. Do you know politicians cataclysmic situation in which we live? Of course you do. They are all expert reports. However, they can never admit it publicly. Because if they admit it, the public will demand solutions. There are no easy solutions because there is no more oil. Hard to go to eliminate a large part of the planetary population. Any volunteers? So we have Al Gore and company are talking about the virtues of eerie and utterly misleading solutions.
On Monday we will review the latest real estate news and remember the brave and false predictions of BBVA.
I can deduce that the world is petrolro for + - 20 years and after that, where the energies are going to replace hydrocarbons that contaminate both, which do you think of what is written in the Bible especially in the apocalisis, on world government, now is not to be simplistic and to accept everything, but if the Bible was written many years ago, we can say that in this day and not have to live as a nuisance, and if there are free abedrio everything is written and the destination path. What to do. It is not even possible to sit at the door for watching the funeral of my enemies.
Complicated every friend Daniel.
Excellent as always. I missed your dose of reality these days you did not write. It would be good to read that and propose solutions to avoid options see you mention apocalyptic future continuously. Congratulations on your books, notes and value.
Daniel, and there Anatartida and Alaska? possibilities that they say can provide overflow qe in oil.
I am delighted your back, I honestly thought you had done something.
Well, if closed debate. You want.
The truth as fully successful. Oil at $ 100 and I half believed, in my world I love the bag, and although I have little money, I said I will make Daniel Stulin case, and buy a bit of Repsol, but in view of the circumstances the oil to $ 100 like you said and instead I've screwed with my investment., I was wrong had to do a barrel Brent bought instead of oil.
a suggestion that you wanted to do, why not get wet again, and again on the projected price of oil and on the bag or its possible consequence. Thank you very much for everything.
Recently started reading "The Secrets of the Bilderberg Club," and the truth that I read the warning light lit. Those who hold power, who have not will have to face in the future, and will be inevitable for them. My friends were halb on the issues that touch in his book (which is not available in my country, Puero Rico) and I find in the web links you have in your "site", and are very attentive. I admire his courage and career as a researcher and journalist. When coming for Puerto Rico?
Hello Daniel, I'm glad you're new here. Unfortunately, not entirely share your view on the beak. You say "Oil for companies translates into profits." But this is not always so. From the economic point of view is not entirely correct that the more production, more profit. There is a certain level of production (and price), from which the marginal return of additional production is lower. Personally I think the oil companies are artificially strangling the supply, to "go back" in the yield curve. They found that, with the level of current demand (which can only increase), earn much more money with lower production and higher prices. Matt Simms, who quotes several times, playing for them, he lives to help the oil industry.
I'm sure that everything you write with sincerity, but I think at this point Erras shots. Oil at $ 150, yes. But will the same as always ... Greetings
100 dl .= 69 euros. Chavez is seeking to recover the oil in another currency. How you see it, Daniel?
Daniel greetings. First, for me are one of the most reliable sources I know about the topics of which almost no one speaks. Your family history and the connections you have, are a label that indicates what your strong and accurate reporting and analysis. I started reading one of your books (which I failed in my country, Puerto Rico, and if on the web), The Secrets of Club ... and the truth, and forgive the repetition, the truth for hairs, and starts to think up the most incredulous. In fact, I mentioned several of your stories with friends and family, and after that, I leave thinking, I say, you left thinking. In truth, the oil problem is one that includes how much activity of daily living, and hence their importance, and because the rule gringo gets up in hell for that resource plunder in the name of something they stopped practicing it long time (if they ever did), democracy, ..., that fallacy. By the way, is there in your address book a trip to Puerto Rico?
Dear Daniel: I read stunned as illuminating the truth that you post on your book, do not leave my amazement at what these criminals have done to so many innocent people who do not know anything ... how can we defend ourselves from these people who have everything? 'Thanks for your courage, wisdom, and help for the weak
Hi Daniel, my name is Paul, I am Peruvian, a financial analyst who formerly worked for the stock market, stock market expert.
I want to express my total agreement with your stuff your books and your way of thinking, we are completely the same, plus also predicted and knew all about what happens to the economy and its relationship to the Bilderberg, but you have given me many answers had been pending for many years Leyen your books.
I'd be happy to put a grain of sand and more to expose this whole global genocide and all this manipulation paradoxical.
I also love to bring my experience to something useful, to save the world ... .... Pol greetings
I think if this were REALLY would have killed him long ago
I AM A PERSON THAT HE LIVED IN TIME OF TERRORISM IN MY COUNTRY AND HAVE LEARNED HOW TO HANDLE A CHEATING PEOPLE whim MILITARY GOVERNMENT, EMPLOYERS, AND BANKING NARCOEMPRESARIOS.