Comments on: Saudi Oil Minister Exposes OPEC Lie On 60 Minutes Segment http://theliepolitic.com/2008/12/saudi-oil-minister-exposes-opec-lie-on-60-minutes-segment/ Thu, 04 Feb 2010 04:53:31 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Political Corruption Blogger http://theliepolitic.com/2008/12/saudi-oil-minister-exposes-opec-lie-on-60-minutes-segment/comment-page-1/#comment-771 Political Corruption Blogger Thu, 01 Jan 1970 00:00:00 +0000 http://theliepolitic.com/?p=585#comment-771 We have been held to ransom for long enough, the sooner we get off this stuff the better and the first step is buying electric cars.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('771','Political Corruption Blogger'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('771','Political Corruption Blogger','We have been held to ransom for long enough, the sooner we get off this stuff the better and the first step is buying electric cars.'); return false;">Quote</a></div> We have been held to ransom for long enough, the sooner we get off this stuff the better and the first step is buying electric cars.
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]]> By: Carbonic44 http://theliepolitic.com/2008/12/saudi-oil-minister-exposes-opec-lie-on-60-minutes-segment/comment-page-1/#comment-239 Carbonic44 Thu, 01 Jan 1970 00:00:00 +0000 http://theliepolitic.com/?p=585#comment-239 Hmmm. Bush the oil man gets in office, 9/11 by Saudis, we go to war in one viable country (Afghanistan), then into Iraq - which was unjustified - and full of oil wells I might add, that were set on fire when his daddy went to war there.... Oil prices climb steadily from 2001-2008, climaxing in 2008. Suddenly headlines state the "War is a success." Then simultaneously commodity futures trading falls apart, takes our entire bogus banking system down with it - obvoiusly since they were heavily vested there - and suddenly the price of gas at the pump drops below $2.00... somewhere where it sould have been all along. I tried to explain to my macro / micro economics teacher that you can throw the idea of calculable supply & demand economics out the window when kenivaling suits are allowed to run the world... She gave me a B instead of an A for that comment. Come on people, this isn't rocket science here!<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('239','Carbonic44'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('239','Carbonic44','Hmmm. Bush the oil man gets in office, 9\/11 by Saudis, we go to war in one viable country (Afghanistan), then into Iraq - which was unjustified - and full of oil wells I might add, that were set on fire when his daddy went to war there.... Oil prices climb steadily from 2001-2008, climaxing in 2008. Suddenly headlines state the \"War is a success.\" Then simultaneously commodity futures trading falls apart, takes our entire bogus banking system down with it - obvoiusly since they were heavily vested there - and suddenly the price of gas at the pump drops below $2.00... somewhere where it sould have been all along. I tried to explain to my macro \/ micro economics teacher that you can throw the idea of calculable supply & demand economics out the window when kenivaling suits are allowed to run the world... She gave me a B instead of an A for that comment. Come on people, this isn\'t rocket science here!'); return false;">Quote</a></div> Hmmm. Bush the oil man gets in office, 9/11 by Saudis, we go to war in one viable country (Afghanistan), then into Iraq – which was unjustified – and full of oil wells I might add, that were set on fire when his daddy went to war there…. Oil prices climb steadily from 2001-2008, climaxing in 2008. Suddenly headlines state the “War is a success.” Then simultaneously commodity futures trading falls apart, takes our entire bogus banking system down with it – obvoiusly since they were heavily vested there – and suddenly the price of gas at the pump drops below $2.00… somewhere where it sould have been all along. I tried to explain to my macro / micro economics teacher that you can throw the idea of calculable supply & demand economics out the window when kenivaling suits are allowed to run the world… She gave me a B instead of an A for that comment. Come on people, this isn’t rocket science here!
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]]> By: amersucker http://theliepolitic.com/2008/12/saudi-oil-minister-exposes-opec-lie-on-60-minutes-segment/comment-page-1/#comment-221 amersucker Thu, 01 Jan 1970 00:00:00 +0000 http://theliepolitic.com/?p=585#comment-221 No wonder oil went up to $150 a barrel, they wanted their money back to pay for the project..............LOL<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('221','amersucker'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('221','amersucker','No wonder oil went up to $150 a barrel, they wanted their money back to pay for the project..............LOL'); return false;">Quote</a></div> No wonder oil went up to $150 a barrel, they wanted their money back to pay for the project…………..LOL
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]]> By: leonard http://theliepolitic.com/2008/12/saudi-oil-minister-exposes-opec-lie-on-60-minutes-segment/comment-page-1/#comment-212 leonard Thu, 01 Jan 1970 00:00:00 +0000 http://theliepolitic.com/?p=585#comment-212 Freddy is picking his nose. All the wells that were becoming depleted are now running full blast and don't even count any depletion factor unless you count in centuries. While the APIC rejected Dr Thomas Gold deep oil thesis (he proved it by drilling in Finland) the Arabs had found a Jew they could like and immediately started drilling miles deeper in the water extraction holes and found oil at pressures they could not even hope for. (<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('212','leonard'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('212','leonard','Freddy is picking his nose. All the wells that were becoming depleted are now running full blast and\r\ndon\'t even count any depletion factor unless you count in centuries. \r\n\r\nWhile the APIC rejected Dr Thomas Gold deep oil thesis (he proved it by drilling in Finland) the Arabs had found a Jew they could like and immediately started drilling miles deeper in the water extraction holes and found oil at pressures they could not even hope for. \r\n('); return false;">Quote</a></div> Freddy is picking his nose. All the wells that were becoming depleted are now running full blast and
don’t even count any depletion factor unless you count in centuries.

While the APIC rejected Dr Thomas Gold deep oil thesis (he proved it by drilling in Finland) the Arabs had found a Jew they could like and immediately started drilling miles deeper in the water extraction holes and found oil at pressures they could not even hope for.
(

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]]> By: 10 Biggest Political Lies Of 2008 | The Lie Politic http://theliepolitic.com/2008/12/saudi-oil-minister-exposes-opec-lie-on-60-minutes-segment/comment-page-1/#comment-209 10 Biggest Political Lies Of 2008 | The Lie Politic Thu, 01 Jan 1970 00:00:00 +0000 http://theliepolitic.com/?p=585#comment-209 [...] Saudi’s lied about or concealed new supply. That lie led to speculation that supplies were dwindling and demand soaring world wide at a [...]
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 ]]> By: fred mrozek http://theliepolitic.com/2008/12/saudi-oil-minister-exposes-opec-lie-on-60-minutes-segment/comment-page-1/#comment-208 fred mrozek Thu, 01 Jan 1970 00:00:00 +0000 http://theliepolitic.com/?p=585#comment-208 It makes no sense to discuss future production from new oil fields without mentioning decreasing production from existing fields. Depletion of existing oil fields is probably around 4% per year, which means the world needs a few million new barrels per day every year just to maintain current production levels. Even if there were no recession at present, Saudi Arabia and Iraq could probably ratchet up production enough to supply accelerating global demand for a few more years, but after that, the world will probably have to begin to adopt alternatives.

“Ali Al-Naimi admitted in the interview they have 260 billion barrels currently accessible with the potential to nearly double that amount!! Read that again, please. What kind of evil and greed would have concealed this information, supporting a rise in oil to $147 a barrel, and tipping the world’s economy into a recession, if not a depression??”

What kind of evil and greed you ask? The non-existent kind. It is not a secret that the Saudi’s claim 260 billion barrels of reserves. They have been making that claim regularly for many years. It is insulting or even malicious to suggest that they have kept such statistics secret in order to drive the price skyward. They simply haven’t. What is a secret is data that backs up claims of that sort. And if any of their 260 billion barrels is in economically extractable light, sweet oil, that may be a secret too. If there was 200 billion barrels of light sweet stuff around, would the Saudi’s be spending billions of USD to extract heavy oil with forced water injection? Probably not.

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]]> By: TagosootaGeaxia http://theliepolitic.com/2008/12/saudi-oil-minister-exposes-opec-lie-on-60-minutes-segment/comment-page-1/#comment-206 TagosootaGeaxia Thu, 01 Jan 1970 00:00:00 +0000 http://theliepolitic.com/?p=585#comment-206 vykuvmgubirdzcdbwell, hi admin adn people nice forum indeed. how's life? hope it's introduce branch ;)<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('206','TagosootaGeaxia'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('206','TagosootaGeaxia','vykuvmgubirdzcdbwell, hi admin adn people nice forum indeed. how\'s life? hope it\'s introduce branch ;)'); return false;">Quote</a></div> vykuvmgubirdzcdbwell, hi admin adn people nice forum indeed. how’s life? hope it’s introduce branch ;)
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]]> By: cwxwwwxdfvwwxwx http://theliepolitic.com/2008/12/saudi-oil-minister-exposes-opec-lie-on-60-minutes-segment/comment-page-1/#comment-201 cwxwwwxdfvwwxwx Thu, 01 Jan 1970 00:00:00 +0000 http://theliepolitic.com/?p=585#comment-201 well, hi admin adn people nice forum indeed. how's life? hope it's introduce branch ;)<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('201','cwxwwwxdfvwwxwx'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('201','cwxwwwxdfvwwxwx','well, hi admin adn people nice forum indeed. how\'s life? hope it\'s introduce branch ;)'); return false;">Quote</a></div> well, hi admin adn people nice forum indeed. how’s life? hope it’s introduce branch ;)
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]]> By: Sean http://theliepolitic.com/2008/12/saudi-oil-minister-exposes-opec-lie-on-60-minutes-segment/comment-page-1/#comment-177 Sean Thu, 01 Jan 1970 00:00:00 +0000 http://theliepolitic.com/?p=585#comment-177 <a href='#comment-108' rel="nofollow">@Kal Palnicki</a> - 100 years of supply? Where do you get this data?<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('177','Sean'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('177','Sean','<a href=\'#comment-108\' rel=\"nofollow\">@Kal Palnicki<\/a> - 100 years of supply? Where do you get this data?'); return false;">Quote</a></div> @Kal Palnicki – 100 years of supply? Where do you get this data?
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]]> By: Saudi Oil Minister Exposes OPEC Lie « “No doubt about it- that nut’s a genius” http://theliepolitic.com/2008/12/saudi-oil-minister-exposes-opec-lie-on-60-minutes-segment/comment-page-1/#comment-111 Saudi Oil Minister Exposes OPEC Lie « “No doubt about it- that nut’s a genius” Thu, 01 Jan 1970 00:00:00 +0000 http://theliepolitic.com/?p=585#comment-111 [...] more from the lie politics [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('111','Saudi Oil Minister Exposes OPEC Lie « “No doubt about it- that nut’s a genius”'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('111','Saudi Oil Minister Exposes OPEC Lie « “No doubt about it- that nut’s a genius”','[...] more from the lie politics [...]'); return false;">Quote</a></div> [...] more from the lie politics [...]
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 ]]> By: Saudi Oil Minister outs OPEC http://theliepolitic.com/2008/12/saudi-oil-minister-exposes-opec-lie-on-60-minutes-segment/comment-page-1/#comment-110 Saudi Oil Minister outs OPEC Thu, 01 Jan 1970 00:00:00 +0000 http://theliepolitic.com/?p=585#comment-110 [...] (See original article here) [...]<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('110','Saudi Oil Minister outs OPEC'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('110','Saudi Oil Minister outs OPEC','[...] (See original article here) [...]'); return false;">Quote</a></div> [...] (See original article here) [...]
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 ]]> By: Kal Palnicki http://theliepolitic.com/2008/12/saudi-oil-minister-exposes-opec-lie-on-60-minutes-segment/comment-page-1/#comment-108 Kal Palnicki Thu, 01 Jan 1970 00:00:00 +0000 http://theliepolitic.com/?p=585#comment-108 Oil prices are manipulated by several people/nations/corporations. It behooves Saudis to get as much as possible for the oil. There is probably at least 100 year supply around the planet. There is probably no possibility that burning as much as we do for another 100 years we'll avoid massive global warming. Oil is bad for everyone when used as gasoline, deisel or burned to produce BTUs. We need to see to it that the current supply lasts at least 1,000 years.<div class="comment-remix-meta"><a href="#" class="replyto" onclick="replyto('108','Kal Palnicki'); return false;">Reply</a> - <a href="#" class="quote" onclick="quote('108','Kal Palnicki','Oil prices are manipulated by several people\/nations\/corporations. It behooves Saudis to get as much as possible for the oil. There is probably at least 100 year supply around the planet. There is probably no possibility that burning as much as we do for another 100 years we\'ll avoid massive global warming. Oil is bad for everyone when used as gasoline, deisel or burned to produce BTUs. \r\n\r\nWe need to see to it that the current supply lasts at least 1,000 years.'); return false;">Quote</a></div> Oil prices are manipulated by several people/nations/corporations. It behooves Saudis to get as much as possible for the oil. There is probably at least 100 year supply around the planet. There is probably no possibility that burning as much as we do for another 100 years we’ll avoid massive global warming. Oil is bad for everyone when used as gasoline, deisel or burned to produce BTUs.

We need to see to it that the current supply lasts at least 1,000 years.

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