The Energy Non-Crisis
Lindsey Williams
Is the oil crisis being manufactured?
Lindsey Williams says it is.He was crystal clear over a year ago that gasoline was headed straight to $4.00 a gallon and he says he knows why.
Williams became an oil industry insider by virtue of his success at mediating labor disputes in the Alaska oil fields.
Little did his colleagues know, he had no intention to become a "good old boy."
1 comment:
Rev. Williams is great in that he provides many facts but comes up short on providing an answer.
When he claims that the dollar will go bust if North Slope oil is allowed to come to the U.S., he may well have it exactly backwards.
As a matter of fact, there have been a number of experts giving sworn testimony that large international banks (like citi) and Wall Street traders (like goldman sachs) are devaluing the dollar by buying and inflating oil futures.
Their "swap house" deals have only been made possible fairly recently due to legislation introduced by former Texas senato Phil Gramm, whose wife was an Enron insider.
Gramm is now an international banker and economic adviser to John McCain. Anyway, if the independent experts are right, closing Gramm's "Enron Loophole" and stopping dark market speculators will cause the price of oil to drop to half what it is today.
And if the U.S. can produce its own cheap energy (like Venuzuela), then why would the dollar go "belly up"?
The answer would be to federalize our oil supply, instead of letting oil companies monopolize it, in the name of National Security.
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