How The Oil Empire Will Strike Back

How The Oil Empire Will Strike Back
W. Pollock - March 2012

Its Inherently simple,
-The world we rely upon depends on huge inputs of energy via oil
-It takes the force of Sea Empire to control, monopolize, and secure the flow of oil
-Oil through the force of empire collateralizes the reserve currency

The Reserve Currency
-The reserve currency facilitated the outsourcing of meaningful jobs to slave labor
-The reserve currency provides high domestic standards of living via financial jobs

The Cause and Effect
-The US is a large isolated island - Island America
-Island America depends on the force Sea Empire for its prosperity
-The US cannot afford to fund the Sea Empire

To bide time, and in failure, the US financial economy funded Sea Empire through the process of debt slavery

Accomplished
-The US will do everything possible to extend the life of its role as a Sea Empire.
-The Sea Empire will destabilize the flow of oil to contending powers on the great landmass. This landmass extends from Western Europe to Eastern Asia and it also includes Africa.

Tight Oil Reserves
1) The price disparity between European and US oil will continue to expand until the US tight oil production becomes economically feasible
US production can (and has) risen beyond the Peak Oil curve by tapping large numbers of poor quality reserves; this trend can only be sustained for five years

Confirmation
-Reversal of Seaway pipeline to run from OK to TX
-Permit Request for Keystone pipeline to run from OK to TX
-Law of One Price and arbitrage between US and European Crude
-The propaganda engine (Mainstream Media) will provide cover by selling destabilization as it rationalizes US domestic shortage and increasing prices

Conclusion
-Scarcity and selective allocation of oil energy will bide time for an Sea Empire in failure
-As the Sea Empire retreats, or fails via military loss or probing, domestic US oil will become an international strategic resource

To bide time, the Sea-Oil Empire will Strike Back!


After this writing in the WSJ:

"Mr. Gingrich's savvy has been to grasp that this is over, done, passé. America is embarking on a seismic energy shift. A decade of technological advances—from 3-D mapping, to fracking, to horizontal drilling—has turned this country into a resources monster in oil and gas and coal. The old, tired GOP argument is that we need to drill for energy security. The new, rebooted argument is that America is primed to become the largest energy producer in the world, with all the money, jobs and benefits that come with it.

In the context of abundance, energy development is political gold for the GOP. As Mr. Gingrich notes: It is a winning economic argument, a shift that could create "more than a million new jobs." It is a winning deficit argument, since royalties and profits become a new cash stream to the government. It is a winning little-guy argument, since the beneficiaries of fracking are "people who own the property," like "farmers." It's a winning heartland argument, since cheap natural gas is the way to "increase our manufacturing base."

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