Peter Sterling

On Oil and Its Manipulation

Its idiotic to try and legislate the oil price down. Stop buying oil from overseas first. Develop our own reserves.

By imposing bans on leasing, and encouraging environmentalists to challenge seismic and drilling permits on existing leases, politicians ensure that we will never increase our proven reserves. In fact, reserves will decrease, as we deplete existing deposits and don’t replace them. The rhetoric is clever – but disingenuous, fraudulent and harmful.

Continued US drilling restrictions will further exacerbate the global demand-supply imbalance, and send “futures” prices even higher.

Short-sighted and ill-informed Environmental groups have hijacked and destroyed the American economy over the last 30 years by closing off America’s energy supplies.

America is the only country in the world to close off its offshore oil and gas-fields to development.

Its simple to get new American energy supplies quickly, Appeal to Corporate Greed: If oil companies are given enough financial incentives, they will move much faster than anyone believes and could find and start producing new oil and gas within 2-3 years, then ramp quickly up to produce enough energy to completely replace oil imports within 10-12 years.

See; www.strategicnine.com/...

Record High Gas Prices? We're Not Even Close

Poll: 74 percent support offshore oil drilling in U.S.

Zogby International
11:42 a.m., Thursday, June 26, 2008

Three in four likely voters – 74 percent – support offshore drilling for oil in U.S. coastal waters and more than half (59 percent) also favor drilling for oil in the Alaska National Wildlife Refuge, a new Zogby International telephone poll shows.

SEE:

www.strategicnine.com/...

Record High Gas Prices? We're Not Even Close

Poll: 74 percent support offshore oil drilling in U.S.

Zogby International
11:42 a.m., Thursday, June 26, 2008

Three in four likely voters – 74 percent – support offshore drilling for oil in U.S. coastal waters and more than half (59 percent) also favor drilling for oil in the Alaska National Wildlife Refuge, a new Zogby International telephone poll shows.

SEE:

www.strategicnine.com/...

Nigeria: The Elephant in the Corner

There is a way out of this mess.

Make America energy self sufficient:

strategicnine.com/

Solution to the Global Petroleum Crisis

You can more easily fix the problem by rapidly increasing domestic oil and gas supplies; see www.strategicnine.com/...

The Triple Play: Oil Addicts, The Credit Crunch and Deflation

America sowed the seed of its own destruction by allowing anyone who could walk secure a home loan at inflated values. In any game of musical chairs there are always losers when the music stops. The wonderful new supply of housing is actually a massive long term benefit to the country (at more realistic prices).

There is plenty of oil and gas in the US but congress and the States have made most of it off limits with moratoriums and other sneaky imposts. Your reap what you sow. Those small brained people who passed those laws should be cast out of the city gates.

How to make money, buy smaller emerging oil and gas stocks. The big ones have had most of their run. Short everything else.

Is Oil Overpriced at $105/Barrel?

America can secure all the oil and gas it needs to eliminate expensive imports from the Arctic Ocean Commons. all it needs is the balls to back the US privateers who laid claim to the resources in 2006. A Manhattan scale drilling and development program could see 5 million barrels a day flowing south within 10-15 years. Virtually all the money would stay in America creating jobs etc. The solution is that simple.