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Title: World oil production peaking in 2014 - Kuwait
Source: Fire Earth blog
URL Source: http://feww.wordpress.com
Published: Mar 11, 2010
Author: FE Blogger
Post Date: 2010-03-14 05:37:05 by Tatarewicz
Keywords: None
Views: 3868
Comments: 68

Researchers in the ME oil-producing state of Kuwait expect world oil production to peak in 2014 after they evaluated conventional production in 47 major oil producing countries. They found oil reserves to be dropping by a rate of 2.1%/year.

Tatarewicz: Also see on the same site: Last May's 3.3 earthquake in Texas was likely caused by oil drilling activity.

http://feww.wordpress.com/2009/0...-caused-texas-earthquake/

Click for Full Text!

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#29. To: Rotara (#28)

Best I can remember from our conversation Bill told me that every holding tank they had was full. And that there were ships waiting just beyond the horizon to unload but they had to wait until there was somewhere to put the oil.

Liberty is not a means to a higher political end. It is itself the highest political end.
Lord Acton

James Deffenbach  posted on  2010-03-15   12:36:26 ET  Reply   Trace   Private Reply  


#30. To: James Deffenbach (#29)

It's obvious to see, at the local level, the massive collusion that's gone on forever...


"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams

Rotara  posted on  2010-03-15   12:42:20 ET  Reply   Trace   Private Reply  


#31. To: wudidiz, Eric Stratton, Tatarewicz, FormerLurker, James Deffenbach, Rotara, christine, CadetD, farmfriend, all (#5)

The concept of "oil peak" is strictly linked to a view that sees oil as a finite resource. Several economists have never accepted this view, arguing that resource availability is determined by price and not by physical factors. Recently, others have been arguing a more extreme view: that oil is not even physically limited. According to some versions of the abiotic oil theory, oil is continuously created in the Earth's mantle in such amounts that the very concept of "depletion" is to be abandoned and, by consequence, that there will never be an "oil peak."

Scientists Prove Abiotic Oil Is Real!

Abiotic Oil -- Reserves Replenished by Process in Earth's Mantle?

Exactly. And this has likely been known since at least the 1930's when the first ideas on abiotic oil bubbled up.

As I have pointed out repeatedly there are persistent reports that have leaked out of major finds being capped and kept out of production. This is done I suspect for two reasons:

1. To hold the price of oil products up and prevent competition.

2. Control. Along with food our modern technologic society requires a steady and plentiful supply of energy to continue to exist and operate. Of course it has not just been oil that has been controlled but the repeated reports of new discoveries on how to produce cheap (CLEAN)) energy which is bought up, bottled up, and suppressed.

People first need to understand that we live in a controlled society. The control is maintained by controlling information flow, the media, food, agribusiness such as Monsatan, energy, oil etc., ..., and money i.e., Da Fed.

By controlling those they don't need to have massive prison camps - until they are ready to begin mass liquidations of "excess population".

"One of the least understood strategies of the world revolution now moving rapidly toward its goal is the use of mind control as a major means of obtaining the consent of the people who will be subjects of the New World Order." K.M. Heaton, The National Educator

Original_Intent  posted on  2010-03-15   13:04:25 ET  Reply   Trace   Private Reply  


#32. To: Original_Intent (#31)

Spot On

I'm so tired of all the manufactured bubbles, bursts, bailouts, BIG LIE BULLSHIT that I'm getting mad as hell and I'm not going to take it anymore !

ehehe


"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams

Rotara  posted on  2010-03-15   13:08:38 ET  Reply   Trace   Private Reply  


#33. To: James Deffenbach (#24)

So I ask again: why have the oil drillers not returned to East Texas to tap into the refilled reservoirs of the Woodbine 3,500 feet below me?

Let me ask you this. If you owned oil wells or controlled the production of said wells, and you had all you needed, would you automatically tap into reserves? The oil companies are somewhat like the DeBeers cartel with diamonds. They want everyone to believe that the $#it is rare or scarce so they can keep the prices high. But the truth is that diamonds are not scarce and if DeBeers didn't have such a stranglehold on the market it would be a rare thing to see an expensive diamond. Same with oil. It is not scarce but they want people to believe they are going to run out within the next ten years or twenty years (they have been saying this $#it since the early 70's you know). I didn't believe there was any oil shortage in 1973 and I don't believe it now.

DeBeers is a great parallel. Diamonds, it has become apparent, are actually one of the most plentiful of the so-called "precious gems" (Emeralds of over 1 carat are actually many times rarer than diamonds - I lovvvvvvve Emeralds - they are just so awesomely beautiful it is hard to put in words - it is like they replenish you soul). However, by controlling distribution and enforcing it with government collusion and draconian penalties DeBeers has been able to control the market and keep prices artificially high. The same type of Cartel exists with oil only it is not as readily seen because of the illusion of "anti-trust" laws.

"One of the least understood strategies of the world revolution now moving rapidly toward its goal is the use of mind control as a major means of obtaining the consent of the people who will be subjects of the New World Order." K.M. Heaton, The National Educator

Original_Intent  posted on  2010-03-15   13:10:01 ET  Reply   Trace   Private Reply  


#34. To: Rotara (#32)

Spot On

Thanks. I wish it were not so, but it is.

"One of the least understood strategies of the world revolution now moving rapidly toward its goal is the use of mind control as a major means of obtaining the consent of the people who will be subjects of the New World Order." K.M. Heaton, The National Educator

Original_Intent  posted on  2010-03-15   13:11:47 ET  Reply   Trace   Private Reply  


#35. To: Original_Intent (#33) (Edited)

How deep are the deepest offshore oil platforms tapping crude ? 5 miles ?


"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams

Rotara  posted on  2010-03-15   13:11:49 ET  Reply   Trace   Private Reply  


#36. To: Original_Intent (#34)

They got control of EVERYTHING and are shutting it down it appears. I'm sure what they plan to construct in the future, on the Global interplanetary model, will be a ton of fun for the whole fambly...


"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams

Rotara  posted on  2010-03-15   13:15:49 ET  Reply   Trace   Private Reply  


#37. To: Rotara (#35)

How deep are the deepest offshore oil platforms tapping crude ?

I don't know for sure. I know the ones in the Gulf of Mexico often go more that 500 to a couple thousand feet beneath the sea floor, and that some in Russia have gone as deep as 30,000 feet (well below any level that would support the "Oil is Dead Dinosaurs" claptrap). If I guess correctly where you're headed the answer is no they have not gone real deep - to my knowledge.

"One of the least understood strategies of the world revolution now moving rapidly toward its goal is the use of mind control as a major means of obtaining the consent of the people who will be subjects of the New World Order." K.M. Heaton, The National Educator

Original_Intent  posted on  2010-03-15   13:16:02 ET  Reply   Trace   Private Reply  


#38. To: Original_Intent (#37)

some in Russia have gone as deep as 30,000 feet (well below any level that would support the "Oil is Dead Dinosaurs" claptrap...

O-b-i-n-g-o !


"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams

Rotara  posted on  2010-03-15   13:18:43 ET  Reply   Trace   Private Reply  


#39. To: Rotara (#36)

I think it very likely that we really don't need the oil, other than for lubricants, were the existing suppressed technology released.

As well I think we already have practical interplanetary travel but again, to maintain control over the society, it is kept locked up. We had the technology to reach Mars 30 years ago, but NASA has been kept, intentionally I believe, starved for funds in order to prevent it. You see Mars has artifacts of advanced civilization. That alone released into the general public would cause a worldwide shift in viewpoint in literally months. The controllers do not want that as it upsets their Psychiatric control systems which relies on artificial shortages and controlled access to knowledge.

"One of the least understood strategies of the world revolution now moving rapidly toward its goal is the use of mind control as a major means of obtaining the consent of the people who will be subjects of the New World Order." K.M. Heaton, The National Educator

Original_Intent  posted on  2010-03-15   13:21:04 ET  Reply   Trace   Private Reply  


#40. To: Original_Intent (#39)

i'm waiting for their biggest lie yet and looking for it soon...


"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams

Rotara  posted on  2010-03-15   13:27:15 ET  Reply   Trace   Private Reply  


#41. To: James Deffenbach (#24)

A long time ago, I worked for an independent oilman who was also a geologist. He was not a part of Big Oil. That's why he was called "independent." If he had thought the East Texas Oil Field was filling back up with crude as fast as it was being pumped to the surface, he would have obtained a drilling permit from the Railroad Commission and gone back into the Woodbine. He was not a part of some conspiracy to keep it off the market.

At that time, the "awl bidness" was booming and so any new discoveries would have been welcomed and would have commanded an at-that-time near-record high price of $30 to $33 per barrel. Right after that, Saudi Arabia flooded the market in a secret agreement with the CIA under William Casey and drove the price below $10 a barrel. This was done to bankrupt the USSR. It also destroyed Texas for a few years. I think they call what happened to us "collateral damage."

A geologist named M. King Hubbert correctly predicted 14 years before it happened the year oil production would peak in the U.S.

Hubbert is most well-known for his studies on the capacities of oil fields and natural gas reserves. He predicted that, for any given geographical area, from an individual oil field to the planet as a whole, the rate of petroleum production of the reserve over time would resemble a bell curve. Based on his theory, he presented a paper to the 1956 meeting of the American Petroleum Institute in San Antonio, Texas, which predicted that overall petroleum production would peak in the United States between the late 1960s and the early 1970s.[4] At first his prediction received much criticism, for the most part because many other predictions of oil capacity had been made over the preceding half century, but these had been based purely on reserve and production, data rather than past discovery trends, and had proven false.[5] Hubbert became famous when this prediction proved correct in 1970.

“I would give no thought of what the world might say of me, if I could only transmit to posterity the reputation of an honest man.” - Sam Houston

Sam Houston  posted on  2010-03-15   13:39:50 ET  Reply   Trace   Private Reply  


#42. To: Eric Stratton (#1)

Hint: File under Global Warming, Ice Age, Climate Change, etc.

Instead of just making a "claim" why not discuss the point beyond a sarcastic remarck? Why not attempt to support or otherwise substantiate why or why not peak oil exists or doesn't?

"Yes they [US government] have been experimenting on us for decades. The Chemtrails are just one aspect." -- Original Intent, circa 2010

buckeroo  posted on  2010-03-15   13:53:36 ET  Reply   Trace   Private Reply  


#43. To: Original_Intent (#31)

1. To hold the price of oil products up and prevent competition. 1. To hold the price of oil products up and prevent competition.

With our boom of gas drilling going on, there have been hints that there "may" be recoverable oil at a deeper level. Presently the gas wells are down only 5000 feet and then drilling horizontal for a mile in several directions.

There has not been a dry hole, every well has hit.

It is such a bonanza that the Japanese last week dropped over $4 billion to buy into one company. the drilling and pipeline work are going on 24/7 without let up.

Cynicom  posted on  2010-03-15   14:21:08 ET  Reply   Trace   Private Reply  


#44. To: Original_Intent (#33)

DeBeers is a great parallel. Diamonds, it has become apparent, are actually one of the most plentiful of the so-called "precious gems" (Emeralds of over 1 carat are actually many times rarer than diamonds - I lovvvvvvve Emeralds - they are just so awesomely beautiful it is hard to put in words - it is like they replenish you soul).

I agree. I like emeralds too. And lapis lazuli. I suspect lapis is much rarer than diamonds. This is a high quality lapis stone.

Prettier than a diamond? In the eyes of the beholder I guess but I think they are.

Liberty is not a means to a higher political end. It is itself the highest political end.
Lord Acton

James Deffenbach  posted on  2010-03-15   14:29:10 ET  (1 image) Reply   Trace   Private Reply  


#45. To: Sam Houston (#41) (Edited)

Hubbert became famous when this prediction proved correct in 1970.

How did his prediction prove to be "correct" in light of the fact that the oil well I mentioned earlier, the field in the Gulf of Mexico, had started producing as much as it ever had after it had been considered "tapped out" a few years earlier?*

* Post number 21

Liberty is not a means to a higher political end. It is itself the highest political end.
Lord Acton

James Deffenbach  posted on  2010-03-15   14:32:31 ET  Reply   Trace   Private Reply  


#46. To: Sam Houston, James Deffenbach (#41)

A geologist named M. King Hubbert correctly predicted 14 years before it happened the year oil production would peak in the U.S.

The problem with Hubbert's analysis is that it begins upon a false premise i.e., that oil is the product of ancient sediments fermented into hydrocarbons.

Thus, beginning from a false premise, one can conclude, logically, a finite limit on the oil supply much smaller than would be predicted under the premise of abiotic oil production.

Thus, the false premise (oil is dead dinosaurs) results in a very logical argument with a false conclusion.

Q.E.D.

"One of the least understood strategies of the world revolution now moving rapidly toward its goal is the use of mind control as a major means of obtaining the consent of the people who will be subjects of the New World Order." K.M. Heaton, The National Educator

Original_Intent  posted on  2010-03-15   14:32:48 ET  Reply   Trace   Private Reply  


#47. To: James Deffenbach (#44)

Prettier than a diamond? In the eyes of the beholder I guess but I think they are.

I love Lapis it is beautiful.

A little art trivia.

Q. What was the original "Ultramarine" Oil Paint of the Masters made from?

A. Ground up Lapis Lazuli suspended in painter's oil.

You can actually by the raw ground up Lapis and make your own - although it is a bit pricey - about $50 an ounce or better.

"One of the least understood strategies of the world revolution now moving rapidly toward its goal is the use of mind control as a major means of obtaining the consent of the people who will be subjects of the New World Order." K.M. Heaton, The National Educator

Original_Intent  posted on  2010-03-15   14:41:15 ET  Reply   Trace   Private Reply  


#48. To: Original_Intent (#46)

Thus, the false premise (oil is dead dinosaurs)

When you stop to think about it you start wondering exactly how many dinosaurs there would have to have been to create all the oil that has been used. The consumption of gas and diesel fuel in the United States alone would seem to dictate that the dinosaurs became oil theory is just so much claptrap.

Liberty is not a means to a higher political end. It is itself the highest political end.
Lord Acton

James Deffenbach  posted on  2010-03-15   14:42:19 ET  Reply   Trace   Private Reply  


#49. To: James Deffenbach (#44)

Oh, I forgot to mention that in the ancient world - Greece, Rome, Egypt, etc., that Lapis WAS more highly prized than Diamonds. It was only with the discovery of large deposits that it sunk to its current grading as a "semi-precious" stone.

"One of the least understood strategies of the world revolution now moving rapidly toward its goal is the use of mind control as a major means of obtaining the consent of the people who will be subjects of the New World Order." K.M. Heaton, The National Educator

Original_Intent  posted on  2010-03-15   14:43:52 ET  Reply   Trace   Private Reply  


#50. To: Original_Intent (#47)

You can actually by the raw ground up Lapis and make your own - although it is a bit pricey - about $50 an ounce or better.

I couldn't afford to waste $50 an ounce on that because I can't paint for $#it. Oh, I can paint a fence or a house, something like that. But when it comes to art all I can do is admire it and the talent it took to produce it.

Liberty is not a means to a higher political end. It is itself the highest political end.
Lord Acton

James Deffenbach  posted on  2010-03-15   14:44:15 ET  Reply   Trace   Private Reply  


#51. To: Original_Intent (#49)

"Semi precious" or not I would love to have a bunch of the same quality as the one I posted the picture of.

Liberty is not a means to a higher political end. It is itself the highest political end.
Lord Acton

James Deffenbach  posted on  2010-03-15   14:47:31 ET  Reply   Trace   Private Reply  


#52. To: James Deffenbach (#48)

Thus, the false premise (oil is dead dinosaurs)

When you stop to think about it you start wondering exactly how many dinosaurs there would have to have been to create all the oil that has been used. The consumption of gas and diesel fuel in the United States alone would seem to dictate that the dinosaurs became oil theory is just so much claptrap.

Precisely. The volume of dead carcasses and rotted vegetation would have had to include everything in the planetary biosphere and likely several times over. That alone argues against the biologic origin theory.

And as well as you posted earlier "exhausted" fields are refilling from oil coming up from underneath the field".

The "Dead Dinosaur" Theory is, at this point, hanging on only because it continues to be useful to the people who see themselves as the controllers of our society. Academia is controlled because the people providing the grant MONEY dictate the tune.

"One of the least understood strategies of the world revolution now moving rapidly toward its goal is the use of mind control as a major means of obtaining the consent of the people who will be subjects of the New World Order." K.M. Heaton, The National Educator

Original_Intent  posted on  2010-03-15   14:49:03 ET  Reply   Trace   Private Reply  


#53. To: James Deffenbach (#50)

You can actually by the raw ground up Lapis and make your own - although it is a bit pricey - about $50 an ounce or better.

I couldn't afford to waste $50 an ounce on that because I can't paint for $#it. Oh, I can paint a fence or a house, something like that. But when it comes to art all I can do is admire it and the talent it took to produce it.

While I would not call myself a "professional" artist I have sold some of my work. I have wanted to play with real Lapis, but it is so expensive as a paint that I want to know what I am going to do with it before I buy it. Although if I did I would find a way to use it - so maybe I am looking at this backwards. Hmmmm?

"One of the least understood strategies of the world revolution now moving rapidly toward its goal is the use of mind control as a major means of obtaining the consent of the people who will be subjects of the New World Order." K.M. Heaton, The National Educator

Original_Intent  posted on  2010-03-15   14:52:39 ET  Reply   Trace   Private Reply  


#54. To: Original_Intent (#52)

Precisely. The volume of dead carcasses and rotted vegetation would have had to include everything in the planetary biosphere and likely several times over. That alone argues against the biologic origin theory.

Yeah, the dinosaurs would have had to have been standing one on top of the other to a depth of miles in all directions to produce that quantity of oil and gas. I haven't bought that theory for a long time. Of course I don't buy very much of what the establishment is selling.

Liberty is not a means to a higher political end. It is itself the highest political end.
Lord Acton

James Deffenbach  posted on  2010-03-15   15:31:29 ET  Reply   Trace   Private Reply  


#55. To: Original_Intent (#53)

While I would not call myself a "professional" artist I have sold some of my work. I have wanted to play with real Lapis, but it is so expensive as a paint that I want to know what I am going to do with it before I buy it. Although if I did I would find a way to use it - so maybe I am looking at this backwards. Hmmmm?

Congratulations on selling some of your work. Not an easy thing to do for sure. I guess if I were a serious artist and had some money I might do some experimenting with lapis. It sure is beautiful.

Liberty is not a means to a higher political end. It is itself the highest political end.
Lord Acton

James Deffenbach  posted on  2010-03-15   15:32:49 ET  Reply   Trace   Private Reply  


#56. To: James Deffenbach (#55)

Thanks. Athough I have never come anywhere near making it a self paid for hobby/avocation.

Yes, Lapis is gorgeous - the rich blue draws you into its depths.

"One of the least understood strategies of the world revolution now moving rapidly toward its goal is the use of mind control as a major means of obtaining the consent of the people who will be subjects of the New World Order." K.M. Heaton, The National Educator

Original_Intent  posted on  2010-03-15   15:35:56 ET  Reply   Trace   Private Reply  


#57. To: James Deffenbach (#54)

Of course I don't buy very much of what the establishment is selling.

Me neither. Unfortunately the "Barnum Principle" applies to too large of a segment of the population.

"One of the least understood strategies of the world revolution now moving rapidly toward its goal is the use of mind control as a major means of obtaining the consent of the people who will be subjects of the New World Order." K.M. Heaton, The National Educator

Original_Intent  posted on  2010-03-15   15:37:53 ET  Reply   Trace   Private Reply  


#58. To: Original_Intent (#57)

please explain why oil companies are spending billions of dollars to drill in 10,000 feet of water, then 20,000 more feet of dirt, two hundred miles offshore, to find oil wells whose daily production will supply america with oil for ten minutes.

groundresonance  posted on  2010-03-15   15:41:48 ET  Reply   Trace   Private Reply  


#59. To: groundresonance (#58)

Why would anyone spend a butt load of money to maintain a large scale con job? Why does DeBeers maintain tight control on the availability of Diamonds and set limits to how much is allowed to be mined? I'll risk trusting your ability to puzzle that out for yourself.

Your absence of thought is most peculiarly amusing. Not very convincing though.

"One of the least understood strategies of the world revolution now moving rapidly toward its goal is the use of mind control as a major means of obtaining the consent of the people who will be subjects of the New World Order." K.M. Heaton, The National Educator

Original_Intent  posted on  2010-03-15   15:45:50 ET  Reply   Trace   Private Reply  


#60. To: Original_Intent (#59)

does debeers spend billions of dollars digging diamond mines to find enough diamonds to last america for ten minutes?

groundresonance  posted on  2010-03-15   15:48:40 ET  Reply   Trace   Private Reply  


#61. To: gruntresonance, groundresonance (#60)

Know what - Ninpo old buddy - I am enjoying a nice plate of hot cooked food - made with meat. Yum!

"One of the least understood strategies of the world revolution now moving rapidly toward its goal is the use of mind control as a major means of obtaining the consent of the people who will be subjects of the New World Order." K.M. Heaton, The National Educator

Original_Intent  posted on  2010-03-15   16:20:56 ET  Reply   Trace   Private Reply  


#62. To: Original_Intent (#61)

please give us a rundown on thomas gold's abiotic oil theory, and the results of his drilling efforts in sweden.

groundresonance  posted on  2010-03-15   16:25:51 ET  Reply   Trace   Private Reply  


#63. To: Original_Intent (#31)

deleted

The relationship between morality and liberty is a directly proportional one.

Eric Stratton  posted on  2010-03-15   19:12:16 ET  Reply   Trace   Private Reply  


#64. To: buckeroo (#42)

deleted

The relationship between morality and liberty is a directly proportional one.

Eric Stratton  posted on  2010-03-15   19:14:50 ET  Reply   Trace   Private Reply  


#65. To: Eric Stratton (#64)

... was supposed to strike due to "global warming," is a myth.

Ever notice why the prices keep climbing at the pump?

"Yes they have been experimenting on us for decades. The Chemtrails are just one aspect." -- Original_Intent, circa 2010-03-14 21:00:46 ET

buckeroo  posted on  2010-03-15   19:41:06 ET  Reply   Trace   Private Reply  


#66. To: buckeroo (#65)

deleted

The relationship between morality and liberty is a directly proportional one.

Eric Stratton  posted on  2010-03-15   19:50:57 ET  Reply   Trace   Private Reply  


#67. To: Eric Stratton (#66)

It is called "resource incapability." You can't deny that.

"Yes they have been experimenting on us for decades. The Chemtrails are just one aspect." -- Original_Intent, circa 2010-03-14 21:00:46 ET

buckeroo  posted on  2010-03-15   19:56:34 ET  Reply   Trace   Private Reply  


#68. To: buckeroo (#67)

deleted

The relationship between morality and liberty is a directly proportional one.

Eric Stratton  posted on  2010-03-15   20:43:25 ET  Reply   Trace   Private Reply  


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