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<< from http://www.fromthewilderness.com >>
March 17, 2004 1800 PST ( FTW ) -- The new millennium has
not exactly been one of ‘irrational exuberance' for many industries, and
particularly not for the oil industry, despite high oil prices. Major oil
discoveries have declined every year so that 2003 saw no new field over 500
million barrels, and in 2001 and 2002 the top ten non-state oil companies spent
more on exploration than they discovered in value, a new and alarming record. It
is well over twenty years since more oil was found than consumed in a year. From
the outset of 2004, large reserve write-downs, starting with Shell, and
including El Paso and BP, have shaken the confidence of the financial community,
set in motion an official SEC enquiry, and may yet be just the tip of the
iceberg.
Excuse me, but I have never seen such drivel posing as
intellectual thought. There is an oil glut that is so severe that there is no
place to store unrefined crude at any refinery anywhere in the world. If you
can't sell crude, why explore for new wells or drill for what we know is there?
In ANWR alone is enough oil to supply 100% of all of the needs of North America
for the next 30 years without buying an ounce of oil from any foreign source. If
the oil in Prudhoe Bay was sourced, there would be enough oil to supply all of
the needs of North America for the next 100 years. Under the Arctic Circle they
have discovered enough oil to supply the needs of the industrialized world for
the next 300 years. And, in the South China Sea they have discovered the largest
known reserves in the world. (That was why Bill Clinton pulled the American flag
from those WWII atolls and islands and let China claim them.) Drive through the
heartland of America and you will see thousands upon countless thousands of
capped wells. They are capped not because they are dry, but because the owners
can't get their oil refined. THE PROBLEM IS NOT THAT THERE ISN'T ENOUGH OIL. THE
PROBLEM IS THAT WE CAN'T REFINE ENOUGH OIL TO MEET DEMANDS BECAUSE 75% OF OUR
REFINERIES HAVE BEEN CLOSED DOWN BY ENVIRONMENTALISTS.
That is the problem.
Before leaving office, Clinton signed the Kyoto Protocol, effectively
implementing the UN Global Warming Treaty. (According to the 17th century LAW OF
THE NATIONS, when a nation's monarch signs an international accord, it becomes
binding on that nation instantly--even if that nation's parliament refused to
ratify it.) Clinton knew that. So did Congress when they did a mock "vote" of
95-0 telling Clinton not to sign the Protocol since it would not be ratified.
Then, the day before he left office, Clinton signed an Executive Order
implementing the Kyoto Protocol. George W. Bush wrote an Executive Order
canceling Clinton's executive order. The environmental lobby took Bush to court
and sued in the Clinton federal court in DC to override Bush's executive order.
The DC US District Court ruled that, in this one instance, a new
president could not vacate the Executive Order of an outgoing president since
HIS MOTIVE FOR DOING SO WAS PURELY POLITICAL.
Bush has been trying to get the Supreme Court to rule on this, but they have
ignored the case. Bush is now the only President who has not been allowed to
vacate the Executive Orders of a preceding president.
As intelligent Americans, we need to look a little closer at the situation
that this nation is now facing with respect to jobs, national debt, foreign
debt, oil, and figure out who caused the problem. We have too much of a
propensity to blame the guy at the helm when the ship sank rather than the guy
who crashed the ship on the shoals. The jobs drain was not caused by George W.
Bush, it was caused by Bill Clinton when he signed NAFTA into law. The "surplus"
that the Clinton people talked about for four years never was a surplus--it was
the Social Security Fund that actually did not consist of real money, but IOU's
from the Treasury that stole that money back in the 1960s to fuel the welfare
system. It is amazing that when Democrats are in charge of the purse strings,
those IOUs are "surplus." When the GOP takes over the purse and opens it and
discovers the wadding that made the purse feel fill is just paper, then
suddenly, the surplus is gone and debt remains. And this double standard is
perpetuated by the liberal media.
Now it really doesn't matter which idiot is in office when it comes to
foreign debt since both of these guys stupidly believe that opening our borders
to foreign products will result in a quid pro quo that will allow American goods
into those countries. There are two realities here. First, that isn't going to
happen. Second, even if it did happen, with poverty levels at extreme heights in
those emerging nations, the populations can't afford to buy our goods. That is,
after all, why they are allowed to dump their crap on us. So, voting for one of
these idiots as opposed to the other one isn't going to change that.
Since Bush has tried, and failed, to kill the Clinton Executive Orders that
created this mess and continues to feed it, it should be clear to most people
that if we want to create change that will keep jobs in America, close the door
to American goods made in Mexico and China, we need to throw a whole big bunch
of liberal Congressmen and Senators (the globalists) out of office and fill
their seats with protectionist candidates.
When you look at the White House, forget everything except which President
will appoint "rule of law" judges and which will appoint "social justice" judges
BECAUSE THE PEOPLE WE HAVE TO WORRY ABOUT RIGHT NOW ARE THE MEN IN BLACK WHO
HAVE THE POWER, AND DESIRE, TO KILL THE BILL OF RIGHTS. What that means is,
regardless how ticked off you are at George W. Bush, you have to get off your
high moral horses and make sure he gets re-elected. Because, believe me, if you
think things were bad under Bill Clinton, you ain't seen nothing yet.
Jon Christian Ryter
Author of:
THE BAFFLED CHRISTIAN'S
HANDBOOK
PRINCE ALBERT: PROPHET OF UTOPIA
WHATEVER HAPPENED TO
AMERICA?
COMING SOON: DESTINY DENIED
website:
www.jonchristianryter.com
Jon
Christian Ryter
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