Skip to comments.The "running out of oil" myth, and the inside story on illegal immigration
Posted on 09/05/2006 7:05:37 AM PDT by seasoned traditionalist
Next time you stop at the pump and pay through-the-stratosphere prices to fill your car's tank, just ponder this: We are not repeat, we are not running out of oil. There is no good reason you should be paying through the nose. There are only bad reasons for it. If you are also angry about illegal aliens pouring over the border, you should know that illegal immigration is the price we are paying to keep to keep gas prices from going even higher, maybe two or three times higher.
(Excerpt) Read more at renewamerica.us ...
I have read somewhere, that we (the US) purchases just about all of Mexico's oil that it produces.
Thus ANY measure we were to impose in which we actually to stem the flow of illegals streaming across would probably result (and here Im assuming that perhaps Ws good bud Vincente may have cautioned Bush and others against moving to close and secure the borders) in the flow of much needed oil, suddenly, becoming less available, though this would severely disrupt and hurt Mexicos economy.
This scenario, appears to lend credibility to those who argue that there must be a reason in which pols are unwilling to do what we could/shouldif we were really seriousin securing our Southern Border, other than the influence from the pro-illegal alien/amnesty crowd as well as pressure from bidd business who desperately want to keep the flow of cheap labor unabated.
Last but not least, there are some here who will discount this automatically, as the author references Jerome Corsi who co-authored the book which is quoted herein as source for the arugments advanced by Vernon, much as they automatically (regardless of how many other reputable people espouse the same) discount the possibility that there is a movement to eliminate our borders and join Mexico and Canada into a North American Union.
Oh, well, flame on!!!
There, in fact, is a perfectly good reason why petroleum prices are high: the world's two most populace nations, China and India, are both undergoing rapid economic development and generating huge new demand for petroleum.
The 'running out of oil' stuff is, of course, rubbish: at these prices oil shale is viable as an oil source, and we've got lots of that.
Supply and demand. Unfortunately, illegals are pure demand.
The mayor of Houston Texas was very worried about
a plague of pigeons in Houston.
The mayor could not remove the pigeons from the city.
All of Houston was full of pigeon poop. The people of
Houston couldn't walk on the sidewalks or drive on the
roads. It was costing a fortune to try to keep the
streets and sidewalks clean.
One day a man came to City Hall and offered the Mayor
a proposition. "I can rid your beautiful city of its
plague of pigeons without cost to the city. But, you
must promise not to ask me any questions. Or, you can
pay me five million dollars and ask one question."
The mayor considered the offer briefly and accepted
the free proposition.
The next day the man climbed to the top of City Hall,
opened his coat, and released a red pigeon. The red
pigeon circled in the air and flew up into the bright
blue Texas sky. All the pigeons in Houston saw the red
pigeon. They gathered up behind the red pigeon. The
Houston pigeons followed the red pigeon as she flew
eastward out of the city.
The next day the red pigeon returned completely alone
to the man atop City Hall. The Mayor was very
impressed. He thought the man and the red pigeon had
performed a wonderful miraculous feat to rid Houston
of the plague of pigeons.
Even though the man with the pigeon had charged
nothing, the mayor presented him with a check for 5
million dollars and told the man that, indeed, he did
have a question to ask and even though they had agreed
to no fee and the man had rid the city of pigeons, he
decided to pay the 5 million just to get to ask ONE
The man accepted the money and told the mayor to ask
The mayor asked: "Do you have any red Mexicans?"
Two words: OIL SHALE
There's 2 trillion barrels of oil right here in the good ol' USA...F the Middle East!!!
So Mexico would just hold onto all of its oil? They wouldn't sell it to anyone?
I saw $2.48 for Hugo's gas this morning on the drive in.
Because there is ---NO---"Southern Border."
Been gone a long time...flame on....
And it's not just oil either, although that is a factor. More serious is the potential opportunity for players like China/Iran to take advantage of a civil war-torn Mexico in similar fashion as N Korea/Lebanon.
The long-term play is the WoT - the bet is the US will internally survive.
A gallon of Benjamin Moore paint...Matte Finish... color HC-61 is $46.45 with tax.
Chevron just found a huge reserve in the Gulf of Mexico off of Louisiana...Estimates are indicating that it could increase the U.S. Oil reserve by 50%!
Mexico "Fueling" America's economy?
That is NOT what the author suggests or I consider, a valid assumption.
No, what is hinted at herein, is the possibility that Mexico would/could very easily find other "buyers" for their precious oil.
Is that scenario so far fetched as to stretch the credulity/credibility in your mind?
That is BS, if the Mexican govt is holding us ransom over allowing illegals in, they are pretty stupid. I would be willing to bet that they make more than 17 billion that the illegals send home every year, selling crude to us.
We're not running out of oil--but we have run out of cheap oil. It get's harder and harder to find large quantities of oil--but you are correct; as we do deplenish cheaper sources, then oil shale (and gas) become viable alternatives. As long as we have a gasoline infrastructure, we will be slaves to oil.
Are you sure about that last part?
So Mexico sells to someone else and we buy the oil the other buyer would have bought. Oil is oil. It is a fungible commodity.
Oh sheesh, high oil prices is the immigrants fault? What about the mostly white bread envirowhackos, they are the ones for the cause of high gas prices.
As for Mexico's potential, that is largly dependent on foreign oil companies(hopefully US) developing that potential because Mexico doesn't have the technology or capital to do it.
As for this book, it is just another stoooopid attempt to weave a conspiracy theory so Corsi can sell books and Craig Smith can sell gold to the kooks.
It's amazing the economic ignorance by some on FR(not you SV).
The Journal said Chevron and Devon officials estimate that recent discoveries in the Gulf of Mexico's lower-tertiary formations hold up to 15 billion barrels' worth of oil and gas reserves, a total that would boost the nation's current reserves by 50 percent.
Where were you in the 70's? Gas was never $3.oo or even $2.oo per gallon. At least not in Texas.
That is tremendous. Thanks for the heads up!
The poster was talking about inflation adjusted prices. IIRC, 1981 still holds the record as the year of the highest gasoline prices.
Agreed the general thrust of this statement, but there is another possible value in Gold's perspecive on the genesis of oil from primordial sources, and that is that we might gain some insigts as to where to look. This might very well be marginal, because oil trapping formations would work the same regardless of whether the oil is of geological origin or biobenic origin, but still there might be a discovery or two in there.
Check this out:
New oil find in Gulf of Mexico could boost U.S. reserves by 50%!
they ought to mark this one political incest alert....
BS. Gas prices are high, but nothing compared to what they were in the 70s.
Really? I don't know how old you are, but I can remember "vividly" the jump in prices (DOUBLING) in the early 70's (as I had just got out of an 8 year enlistment in AF) and had started working in the Insurance Business, which I ended up getting out of because gas prices were killing me.
I also remember paying as little as 18 cents a gallon when I started driving in 1959.
Okay, I know what you (and others) will suggest as to the value of a dollar today, in 1970's terms.
Thus, read on McDuff!!!
Economy / Prices
1976 Economy / Prices
President: Gerald R. Ford
Vice President: Nelson A. Rockefeller
Life expectancy: 72.9 years
Federal spending: $371.79 billion
Federal debt: $629.0 billion
Consumer Price Index: 56.9 Unemployment: 8.5%
Cost of a new home: $48,000.00
Median Household Income: $12,686.00
Cost of a first-class stamp: $0.13
Cost of a gallon of regular gas: $0.59
Cost of a dozen eggs: $0.84
Cost of a gallon of Milk: $1.65
Allowance for inflation
The allowance of $0.59 you received in 1976 would be worth $1.99 today.
Thus, I don't know WHERE you are buying your gas, but please let us ALL know as there are a few of us out here, who are paying just a mite over $1.99 a gallon.
Bogus argument in this article.
Gas costs what is costs because consumers are willing to pay that price. The argument that gas prices are high due to some supply problem is not valid. Has anyone seen widespread "We Have No Gas" signs in front of filling stations?
The number of illegal aliens in this country has little to do with the price of gas. It has a lot more to do with the amount of spine in the backs of our politicians.
You may be correct, but I do not think that we should sell our country/culture down the river by allowing illegals in exchange for oil.
The only way these numbers work out is by assuming an average inflation rate of 4.14% from '76 to '06, compounded annually.
A quick look at your own post give the inflation in '76 at 8.7%. Inflation during the Carter presidency was double digit, and even during the Reagan administration generally exceeded 5%.
With an average inflation rate of just 6% the price of gasoline would be $3.39.
In reality we are not "slaves to oil". Find me an energy source that can get my family of four from Austin to Dallas in 3 hours in relative comfort for $20, and I might consider changing. Right now there is none. Its by far the cheapest/safest/most convienent energy source we have.
Until that dynamic changes we will continue to use oil. And frankly I do not have a problem with that.
Thank you. I wish everyone was as sensible as that. Having been in the business for so long, it always surprises me how my family and friends think that we are gouging them.....I sometimes think drug dealers get more respect...
by those who would break the law to make easy money.
You sound like a an El Presedente Bush apologist. Bush can never come around to completing the thought when he chants his mantra, "They are here doing the work that Americans won't do" [at half the customary wage rate].
Absolutely, I agree.
What is that saying about making a deal with the devil, Faust, I believe?
I am NOT suggesting that this scenario is one which is beyond dispute, ONLY that it is conceivable and theoretically, one of the reasons, "we" have been reluctant to approach the border security issues with any degree of seriousness, we ALL know we could accomplish, if we so desired.
Not necessarily a conspiracy theorist, but this does makes sense to me.
on the immigration myth, remember we have amnesty now for those who have been in the USA. There ALREADY IS A PATH TO CITIZENSHIP.
the difference between the law now and the senate amnesty bill is that the law now is a 15 year path and the senate wants it to require LESS PROOF and last only 5 years.
Gas prices are not stratospheric and in fact, the prices have dropped considerable in the last month.
At the Circle K where I buy, the price has dropped over 25 cents in the last 3 weeks.
A thought: More Mexicans in Mexico would likely force reform and consumption of its natural resources, weakening oil exports. Under the current system, both Mexican people and Mexican oil go to the US where we make a pretty penny off of both.
In a reformed Mexico US oil interests would take a direct hit, even though Mexico would benefit. I suspect even with pricier oil Americans would also benefit from having a healthier Mexico, but if this guy is right the oil industry has locked out such possibilities.
I think my #48 is a less conspiratorial interpretation of the Mexican oil supply, but it would have many of the same effects and the same interested parties.
"The author has been reading FR; it's been mentioned many times that the ultimate reason for Bush's open-border policy is the necessity of maintaining stability in Mexico.
And it's not just oil either, although that is a factor. More serious is the potential opportunity for players like China/Iran to take advantage of a civil war-torn Mexico in similar fashion as N Korea/Lebanon."
There have been many FR posts that China has been working overtime to become a big trading partner with Mexico. There have also been postings that China has been infiltrating Mexican borders to sell arms to revolutionaries.
China is not only going after Mexican oil it is going after Mexico, hoping to further destabilize them to our detriment.
And finally, it is well known that China is very active in promoting illegal CHINESE immigration into our borders.
Remember the Norinco attempts to import AK 47s for Black gangs?
Remember the attempt to take over the old US Navy base.port at Long Beach?
Remember Carter's virtual gift of the Panama Canal to China?
How about the Clinton treason on having Chinese infiltrate our top infrastructure, including the Los Alamos National Lab? And worse yet, selling nuclear and other sensitive information to China in return for campaign contributions?
We'd better start remembering and start taking commons sense, patriotic action.