Tag Archives: Big Oil

Speculators, Cartels & Myths of Scarcity

From Dean Henderson

Establishment economists love to pretend that inflation is a product of supply and demand. But today’s high prices are instead the product of increasing economic concentration of power amongst greedy landlords, industry cartels and Wall Street/City of London speculators.

Back in 2013, as if to justify his Libyan crusade, President Obama echoed the prevailing “peak oil” myth, stating that “we must accept the new reality that from here on out, demand for oil will always exceed supply”. It was music to the ears of the Rockefeller/Rothschild energy cartel and tax-dodger oil traders in Zug, Switzerland alike. Both know full well that oil companies pay around $18/barrel to get crude out of the ground.

Big Oil rings up its usual quarterly record profit, speculators led by Goldman Sachs and Morgan Stanley tack on another $50/barrel and people get gouged at the gas pump. Governments “tighten their belts”, economies contract and the myth of scarcity (root word: scare) encourages a race to the bottom for the global masses, alongside an historical concentration of power and wealth by the well-fed and fueled global elite.

A day after Obama’s endorsement of concentrated corporate power and casino capitalism, the US Department of Energy reported that the main US oil stage depot at Cushing, Oklahoma was holding 41.9 million barrels of crude oil, very near its capacity of 44 million barrels. In other words, the US is awash in crude oil.

Here in South Dakota, the USDA announced that farmers plan to plant an additional 850,000 acres of corn- the most since 1931. According to a March 10 bulletin from USDA, Brazil’s corn crop is 2 million tons higher than last year. Yet corn futures on the Chicago Mercantile Exchange trade at record prices.

According to the same USDA report, “U.S. wheat ending stocks for 2010/11 are projected higher this month on reduced export prospects. Projected exports are lowered 25 million bushels with increased world supplies of high quality wheat, particularly in Australia, and a slower-than-expected pace of U.S. shipments heading into the final quarter of the wheat marketing year.” Yet wheat futures hover near record highs.

There is nothing alarming in the report about supplies of beef, poultry, eggs, milk, sugar or rice either. Yet food prices continue to skyrocket.

The global elite know that both food and energy are paramount to life. Control over these two most basic needs means control over people.

After the 2008 acquisitions of Swift, Smithfield and National Beef Packers by Brazilian meat-packer JBS, there are three conglomerates that control over 80% of beef-packing in the US – Tyson, Cargill and JBS. These same companies control most of the burgeoning cattle feedlot industry centered in SW Kansas and SE Colorado. They also dominate the pork, chicken and turkey industries. Cargill is the largest grain processor on the planet, handling a full one-half of global grain supplies.

Four giant companies are making a play to own not just all the oil, but virtually all energy sources on the planet. In my book, Big Oil & Their Bankers…I dub them the Four Horsemen – Royal Dutch/Shell, Exxon Mobil, Chevron Texaco and BP Amoco.

These companies control crude oil from the Saudi well-head to the American gas pump and profit from every step of processing, shipping and marketing in between. While reactionary Republicans blame environmentalists for the lack of US oil production, it was these oil giants who capped permitted wells in Texas and Louisiana and moved production to the Middle East – where Bangladeshi, Filipino and Yemeni workers are paid $1/day to work the oil rigs.

Royal Dutch/Shell and ExxonMobil are the heaviest and most vertically integrated of the Four Horsemen. These behemoths have led the charge towards horizontal integration within the energy industry, investing heavily in natural gas, coal and uranium resources.

With the fall of the Berlin Wall, Eastern Europe, Russia, the Balkans and Central Asia were opened to Big Oil. According to Kurt Wulff of oil investment firm McDep Associates, the Four Horsemen, romping in their new Far East pastures, saw asset increases from 1988-94 as follows: Exxon Mobil-54%, Chevron Texaco-74%, Royal Dutch/Shell-52% and BP Amoco-54%. The Rockefeller/Rothschild Oil Cartel had more than doubled its collective assets in six short years.

Russia and Central Asia contain over half of the world’s natural gas reserves. Royal Dutch/Shell has led the way in tapping these reserves, forming a joint venture with Uganskneftegasin at a huge Siberia gas field in which Shell owns a 24.5% stake. Shell has been the world’s #1 producer of natural gas since 1985, often via a joint venture with Exxon Mobil.

In the US retail natural gas sector Chevron Texaco owns Dynegy, while Exxon Mobil owns Duke Energy. Both were key players – alongside Enron – in the 2000 natural gas spikes that battered the economy of California and led to the bankruptcy of that state’s main utility provider, Pacific Gas & Electric. Exxon Mobil has extensive interests in power generation facilities around the world including full ownership of Hong Kong-based China Light & Power.

During the 1970s Big Oil invested $2.4 billion in uranium exploration. They now control over half the world’s uranium reserves, key to fueling nuclear power plants. Chevron Texaco and Shell even developed a joint venture to build nuclear reactors.

Exxon Mobil is the leading coal producer in the US and has the second largest coal reserves after Burlington Resources, the former BN railroad subsidiary which in 2005 was bought by the DuPont family-controlled ConocoPhillips. Royal Dutch/Shell owns coal mines in Wyoming through its ENCOAL subsidiary and in West Virginia through Evergreen Mining. Chevron Texaco owns Pittsburgh & Midway Coal Mining.

Seven of the top fifteen coal producers in the US are oil companies, while 80% of US oil reserves are controlled by the nine biggest companies. Both Royal Dutch/Shell and ExxonMobil are hastily buying up more coal reserves.

Concentration of power across the energy spectrum is not limited to the US. In Columbia, Exxon Mobil owns huge coal mines, BP Amoco owns vast oilfields and Big Oil controls all of the country’s vast non-renewable resources. In 1990 Exxon Mobil imported 16% of its US-bound crude from Columbia.

The Four Horsemen have invested heavily in other mining ventures as well. Shell holds long term contracts with several governments to supply tin through its Billiton subsidiary, which has mines in places like Brazil and Indonesia, where it is that country’s largest gold producer. Billiton merged with Australia’s Broken Hill Properties to become the world’s biggest mining conglomerate – BHP Billiton.

Shell also enjoys cozy relations with the world’s 2nd largest mining firm – Rio Tinto – through historically interlocked directorates. Holland’s Queen Juliana and Lord Victor Rothschild are the two largest shareholders of Royal Dutch/Shell.

Shell recently began investing heavily in the aluminum industry. Shell Canada is Canada’s top sulphur producer. Shell controls timber interests in Chile, New Zealand, Congo and Uruguay and a vast flower industry with farms in Chile, Mauritius, Tunisia and Zimbabwe.

Recently, Shell’s BHP Billiton tentacle announced a $38.6 billion hostile takeover attempt of Canada’s Potash Corp. BHP Billiton already owns Anglo Potash and Athabasca Potash. Ownership of Potash Corp. would give them control over 30% of the global potash market. Potash is a necessary component in growing any agricultural crop.

BP Amoco, through its ARCO subsidiary, has become one of the world’s top six producers of bauxite, from which aluminum is derived. It has mines in Jamaica and other Caribbean nations.

Chevron Texaco controls over 20% of the huge AMAX mining group, the leading producer of tungsten in the US with extensive holdings in South Africa and Australia.

Exxon Mobil owns Superior Oil and Falconbridge Mining, Canada’s largest producers of platinum and nickel, respectively. Exxon also owns Hecla Mining, one of the world’s top copper and silver producers, and Carter Mining, one of the top five phosphate producers in the world, with mines in Morocco and Florida. Phosphates are needed to process uranium, while phosphoric acid is key to petrochemical production, which the Four Horsemen also control.

Another vehicle for Four Horsemen hegemony in the energy sector is the joint venture. For decades before Chevron merged with Texaco in 2001, the companies had marketed petroleum products in 58 countries under the Caltex brand. They also operated Amoseas and Topco as joint ventures before merging.

Caltex owns refineries in South Africa, Bahrain and Japan. In the Philippines, Caltex and Shell control 58% of the oil sector. When Philippine strongman Ferdinand Marcos introduced martial law in 1972, Caltex Vice President Frank Zingaro commented, “Martial law has significantly improved the business climate.”

Exxon and Mobil also shared many joint ventures around the world prior to their 1999 merger, including PT Stanvac, Indonesia. Royal Dutch/Shell and Exxon Mobil established a North Sea joint venture called Shell Expro in 1964, while in 1972 Shell tied up with Mitsubishi in Brunei to supply oil to Japan.

Shell owns 34% of Petroleum Development Oman in partnership with Exxon Mobil. Saudi ARAMCO, the Iranian Consortium, Iraqi Petroleum Company, Kuwait Oil Company and the ADCO in the United Arab Emirates all represent(ed) Four Horsemen collusion.

In Iran, Iraq and Libya these cartels were nationalized. That’s why the Rockefeller/Rothschild Oil Cartel billed US taxpayers to invade Iraq and Libya, while continuing to threaten Iran. The first oil contract in Iraq went to Royal Dutch/Shell. The 2nd goes to BP and the 3rd to Exxon Mobil. You get the picture.

Both food and energy are paramount to life. That’s why Congress should shut down speculator casinos like the Chicago Mercantile Exchange and the NYMEX, while nationalizing the Four Horsemen and the monopoly food processors. We should form a US Energy Company and a US Food Processing Company which would focus on renewable energy and healthier diversified diet.

All things are possible if we show political will and are not scared. We should reject “peak oil” and its companion myth of food scarcity and tackle the real problems – concentration of corporate power and speculation.

Dean Henderson is the author of seven books, including, Big Oil & Their Bankers in the Persian Gulf, Illuminati Agenda 21, Nephilim Crown 5G Apocalypse and Royal Bloodline Wetiko & The Great Remembering. Subscribe free to his Left Hook column at deanhenderson.substack.com

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The power of the corporate oligarchy & where they aim to take you – note the practice runs dating as far back as 2001

From mercola.com

NOTE: the whole article is reprinted here, if you find links not working as one reader has already reported, go to Dr Mercola dot com and type in this heading ‘Don’t Panic About Politics — Here’s Where Your True Power Lies’. The video at the link (not reproduced here) tells all. For a background to the oligarchs or ‘oiligarchs’ as James Corbett calls them the two videos in this post are an absolute must watch:

https://envirowatchrangitikei.wordpress.com/2020/10/24/if-youre-perplexed-by-current-world-events-these-two-important-docos-will-change-that-corbett/

EWR

Story at-a-glance

  • According to a survey by the American Psychology Association (APA) published October 7, 2020, 68% of Americans say the upcoming elections are a significant source of stress
  • The U.S. is more accurately described as a corporate oligarchy, as the main power lies with “The Big Six,” i.e., the banking, pharmaceutical, agricultural, military-industrial complex, energy and media industries
  • Regardless of who wins the presidency today, please realize that your power as an individual lies in your day-to-day decisions, including your dietary choices. This is more important than ever, seeing how diet-related comorbidities are responsible for 94% of COVID-19-related deaths
  • To fight the globalist technocratic system, consider getting involved in local government, elect a constitutional sheriff, purchase goods and services from companies whose values align with your own and don’t further the technocratic agenda, and buy locally grown foods (or grow your own) to promote food independence
  • Big Data is the new Big Oil, and Google leads the pack as a key data mining operation, and data mining is a crucial component of technocracy

This year’s presidential election is not for the faint of heart. In fact, over the past several months, mental health professionals have noted a significant uptick in anxiety and emotional distress related directly to today’s elections.

According to a survey1,2 by the American Psychology Association (APA) published October 7, 2020, 68% of Americans say the upcoming elections are a significant source of stress. Those with chronic health conditions are faring the worst, with 71% reporting feeling stressed about the elections, compared to 64% of those who do not have a chronic health condition.

A clear majority, 77% (up from 66% in 2019), also say they worry about the country’s future, and 71% say this is the lowest point in U.S. history that they can remember. As noted by the APA, uncertainty tends to foster stress, so it’s important to focus on the things that you do have control over. Recommendations provided include:

  • Avoid ruminating on worst-case scenarios
  • Engage in meaningful activities
  • Stay socially connected
  • Stay physically active

Unsettling Truths

Revealing government and industry corruption as it impacts our personal health and security has been part of my educational mission since I started this newsletter. It has been my observation that such corruption invariably and inevitably ends up harming people’s ability to take control of their health.

Sadly, the problems have gotten progressively larger and more pervasive despite these attempts. Now, with the rollout of a clever technocratic agenda under the guise of COVID-19 pandemic responses, the depth and breadth of the problem is becoming more readily apparent, and it’s probably more disturbing than anything we’ve previously seen.

It doesn’t matter if the wrongdoers are Democrats or Republicans, my chief aim has always been to identify the root cause of the problem, which is that the United States is largely run by corporations, to the detriment of us all. The censorship implemented by Big Tech in the last couple of years is a strategy to spread their technocratic narrative and implement even further restrictions of our freedoms and personal liberty.

Today, we find ourselves struggling to access crucial information about topics that have significant bearing on our health and our lives: information about SARS-CoV-2’s origin and COVID-19 treatments being just two of many examples.

Despite all of that, I urge you to foster optimism toward the future and how we can use our individual power to collectively foster positive change — regardless of the outcome of the U.S. presidential election.

The US Has Become a Corporate Oligarchy

Unfortunately, positions of power have always attracted people who most want that power, and today we have many morally flawed people working in a corrupt government.

The goal of the technocratic agenda is to continue concentrating power at the global level. Ultimately, the goal is to take power away from the individual and concentrate it at the highest level possible, in the hands of unelected leaders. It’s really all about controlling the global population.

In a 2014 study,3 two political scientists explained that the U.S. is really an oligarchy, not a democracy, with the wealthiest elites in American society wielding the most control over the issues Congress and the White House ultimately take action on.

Career politicians and the allowance of massive corporate political contributions ensure this oligarchy will be a dominant force everyone needs to be aware of. Now, however, we’re starting to realize that it’s even worse than that. There’s an even greater power grab at work.

Ultimately, the technocratic plan is to govern society through technology, programmed by scientists and technicians and automated through the use of artificial intelligence, rather than through democratically elected politicians and government leaders.

As detailed in several recent articles, including “The Global Takeover Is Underway,” “New World Order Is Advancing Rapidly,” “The Pressing Dangers of Technocracy” and “What You Need to Know About ‘the Great Reset’” the pandemic is being used as justification for the implementation of an entirely new world order that encompasses every aspect of human life, from health and education to business and finance.

Ultimately, the technocratic plan is to govern society through technology, programmed by scientists and technicians and automated through the use of artificial intelligence, rather than through democratically elected politicians and government leaders.

It is an alarming plan, once you begin to wrap your mind around it in its entirety, but it’s crucial to remember that only a fearful public can allow the technocratic elite to dictate our future and rip away our personal freedoms. It’s fear itself that allows tyranny to flourish. There are more of us than there are of them, but enough of us must be willing to stand up and say no, we won’t accept this plan.

Fortunately, scientists, lawyers, medical professionals and academics are increasingly recognizing that the deliberate fear-mongering that has kept the COVID-19 pandemic alive now threatens to replace democracy with “fascist totalitarian models” of government, and more are now trying to speak out and inform others. In Germany, a Corona Extra-Parliamentary Inquiry Committee4,5 is also preparing the biggest class-action lawsuit in history6,7,8,9 to expose the COVID-19 fraud.

Media, Big Tech and the Military-Industrial Complex

As noted in my interview with investigative journalist Whitney Webb this past Sunday, “the line between Silicon Valley and the national security state has become so blurred, you really can’t distinguish where one begins and what were the other ends.” Media also play a crucial role in this scheme, as they are refusing to report the truth about what’s happening, and won’t lay out the ramifications of going along with the various plans currently being introduced.

As just one example, in my interview with Webb, she describes the undisclosed implications of Operation Warp Speed, a program funded and operated primarily by the CIA and the U.S. military. It’s not just about the rapid creation of therapeutics and vaccines for COVID-19. The program includes a whole lot more than that, and appears to be a key component of a new biosurveillance system in which our very biology is being monitored and capitalized upon.

All of this is of course in addition to all the other conflicts of interest that have permeated our society, such as agricultural policies that feed into the agendas of Big Pharma and the pesticide industry.

The media has also been consolidated — to the point that 90% of what you read in newspapers, magazines and see on TV is now controlled by six media giants.10 This consolidation allows for tremendous influence on all matters, and has led to censorship being more the rule than the exception.

True unbiased, in-depth investigative journalism has joined the hairy-nosed wombat as an incredibly rare and near-extinct species, and you’d be wise to not swallow whole everything you read in mainstream media.

American internet giants have also proven themselves to be a core part of the U.S. surveillance apparatus, as detailed in “Harvard Professor Exposes Surveillance Capitalism.” Big Data is the new Big Oil, and Google leads the pack as a key data mining operation, and data mining is a crucial component of technocracy.

Without this vast data stream, the plan simply cannot work. This is why I’ve been urging everyone to eliminate Google and Facebook from your life. There are now plenty of alternatives that are not engaged in massive personal data mining and theft.

Don’t Panic — Refocus

Regardless of who wins the presidency, please realize that your power as an individual lies in your day-to-day decisions, and that no matter who bears the title of president of the United States, the corporate influence will remain, as will the threat of the technocratic agenda.

Also realize that creating divisiveness among people is part of a carefully orchestrated plan that works in the oligarchy’s favor, so we really need to get smarter about how we engage in the political process and avoid falling for their carefully constructed and sophisticated propaganda that limit us from having any really hopeful choices.

As long as we’re at each other’s throats over things we have little or no control over, it distracts us from analyzing and addressing the underlying system that is creating the problems in the first place. So, let people have their opinion, whether we’re talking about political or presidential candidates, because these are all false choices anyway.

Ultimately, controlling interests are writing the laws and paying the politicians to pass them. But knowledge is power, so use your knowledge to take control. I believe it’s crucial to understand where the technocrats are trying to take us, so if you haven’t read through the articles I linked to earlier, consider going through them.

Avoid Victim Mentality by Realizing Where Your Power Lies

The power of the individual is alive and well, even in this deeply flawed system, and even in the face of growing totalitarianism. It becomes yours by stepping outside of the system with every decision and purchase you make.

With every action you take, you also set the example for others to follow, thereby making you a change-agent within your own small circle of family, friends and acquaintances. In the end, our collective actions will create the changes that are so desperately needed, and thinking locally will eventually have a global effect, not just in terms of commerce, but in terms of safeguarding our constitutional rights as well.

It’s important to realize that the only reason technocracy has not yet been able to overtake the U.S. — although they’re getting incredibly close — is because of our Constitution. This is why we must fight to protect our Constitution at all costs. One of the most effective ways to do this is through grassroots movements and getting involved in local politics.

What the technocrats are doing is making an end run around national sovereignty. Rather than a frontal assault on the system, which has never been successful, they’re simply eroding national sovereignty piece by piece. In “The Pressing Dangers of Technocracy” (hyperlinked above), American constitutionalist Patrick Wood reviews what we can do to save our republic and thwart the steady march of technocracy:

“I believe very strongly that local activism is the only way to rebuild our country, if there is going to be any rebuilding at all. Local activism — because this is how they got us. They built [the technocratic system] from the bottom up. We cannot tear their house down from the top down. It’s simply is just not going to happen. They’re too powerful.

There is no national government or any element of national government that’s going to save us from these technocrats and technocracy. There’s no state government, either, or local government, the way it stands now, unless that local government gets influenced and populated by people who know better and who are willing to tell these others:

‘Go away, you don’t belong here. This is not the way we’re going to run our community, our town, our city,’ whatever it is, and we have access to those people.”

One of the most important elected local officials that you should concern yourself with is your sheriff. As noted by Richard Mack in “Sheriffs Are the Difference Between Freedom and Tyranny”:

“This is a crucial time in American history, and we actually have a peaceful and effective solution to it. The only thing that needs to happen is your local officials, especially your sheriff, keep [their] oath of office. That’s the only thing he has to do … The sheriff is here to protect your civil liberties, your God given rights.”

If enough people get involved and make sure they elect sheriffs who follow the Constitution, we can create Constitutional counties and take back America, county by county, one sheriff at a time.

Eventually, all the police forces will be on the same page as well, and will no longer enforce unlawful, unconstitutional orders, whatever they may be, including unconstitutional mask and vaccination mandates. Another way you can have a significant impact is by getting personally involved in local government.

Aside from those two key areas of influence, remember the industries that are currently buying our politicians and writing their own laws cannot maintain power without your ongoing support. While we may not have a significant choice in how our tax contributions are distributed to these industries through subsidies and contracts, we do have a very powerful influence by making responsible purchases each and every day.

Withdraw your financial support by not buying what they’re selling (or using their product if it’s free, such as Google and Facebook, where your personal data is what they make their money on) and you automatically redistribute financial power to more benevolent businesses that are aligned with your core principles.

An example of this is when you buy locally-grown foods from an organic farmer. You’re empowering that farmer to continue growing foods for the community that support environmental regeneration and human health, and you’re disempowering the big junk food manufacturers that wield undue influence over agricultural policy. This is how you wield your collective power, and the decisions each of us make every day therefore matter.

Realize ‘Left Versus Right’ Is a False Narrative

We should not play the game and choose to be part of this false narrative of “left versus right,” or “Democrat versus Republican.” Technocracy is not a political system and it does not belong to or support either side. It is an economic system based on technological control and digital surveillance.

Most people are still trapped in the mindset of opposition and there are great people across the board that need to come together. Readers of Mercola.com are split almost evenly between those identifying as Republican or Democrat, and working collectively has produced tremendous results by strategically organizing consumer marketplace pressure.

We must keep in mind that it is the concentration and accumulation of power that is a clear and present danger to our individual rights, and that this accumulation of power is attracting the worst kinds of people who seek control and power.

Take Bill Gates, for example. Gates’ influence has ballooned along with his wealth, to the point he now exerts incredible control over not just the tech industry but also the health industry and global food and agricultural policy.

To learn more about how a tiny minority of people, the ultra-wealthy elite, have caused a majority of the environmental, financial and health challenges currently facing us, see my recent interview with Vandana Shiva, Ph.D., featured in “Oneness Versus the 1%.”

Food Independence Is Key to Other Forms of Independence

It’s time to dissent, to step out of the globalist technocratic system. I’ve already listed some key ways to do that: Get involved in local government; focus on getting a constitutional sheriff; and buy or use products made by companies whose core values align with your own and don’t further the technocratic agenda of totalitarian control.

Another key area of focus would be your food. If you cannot grow your own, then get to know the farmer that can. Keep your money in your community; the closer the better. Kissinger said it best:11 “Control oil and you control nations; control food and you control the people.”

If you don’t like the state of the nation (or the world), stop eating processed and ultra-processed junk foods. Some may initially think this decision would have nothing to do with anything that is wrong in the world, but if you give it some thought, you’ll realize that the more independence you gain with your food, the more independence you will create in other areas as well.

Because food is such a potent form of control, breaking that control mechanism will have a ripple effect that extends outward into many other industries and fields of activity, including the political arena.

Food is important for another reason too. We now know that insulin resistance is a key risk factor for severe COVID-19 and death. Since diet-related comorbidities are responsible for 94% of all COVID-19-related deaths, taking control of your diet is a simple, common-sense strategy to lower the risks associated with this infection.

Break the Chains of Control

So, instead of fretting about the election, use it as motivation to step into your personal power, and join the revolution to create independence and break the chains of control.

Sooner or later everyone must decide which is more important: personal liberty or false security? The good news is that many are in fact starting to see the writing on the wall and starting to choose liberty over brutal totalitarianism in the name of public health.

Bioterrorism is now used to keep us in fear, and fear is what allows the technocrats to implement their agenda. Part of the answer, therefore, is to educate yourself about this supposed threat. In previous articles, I’ve addressed the importance of outing and pushing back against biowarfare research.

I’ve also reviewed data showing this pandemic really isn’t something to fear, as the lethality of this virus is no greater than that of seasonal influenza. I’ve also covered many prevention and treatment strategies that have shown tremendous success. At the end of the day, the more knowledgeable you are, the less fearful you’ll be.

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Jacinda is going to “break the stranglehold” major fuel companies have in New Zealand … might that have anything to do with it being election year?

Isn’t it great that your corporation cum govt is concerned about your pockets? ‘They’ think we are paying too much for petrol. Wow the coming changes will ” “swiftly” break the supply dominance of big fuel companies”. And the competition will bring the prices down ‘they’ say. Hmm. Didn’t ‘they’ say that about the powercos away back? And didn’t the power prices go up, and up, and up ad nauseum?

But then of course it’s election year isn’t it?

(Big Oil will of course manage to navigate a few loopholes & ramp prices up again when you’ve all voted ‘correctly’ & forgotten about this).

Minister expects to see fuel prices drop 18-32 cents a litre because of new petrol company rules

 

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