Interesting article which predicts a major power shift in the Energy Markets in the next 5 years due to new technologies for extracting oil and natural gas.
https://www.nbcnews.com/business/power-shift-energy-boom-dawning-america-1C8830306?ocid=msnhp&pos=1
The last two economic booms in the US (mid 80's and late 90's) have come in conjuction significant drops in oil/gas prices. This may end up being the real "stimulas bill" that we were looking for.
Good find, good thread.
I know it might be news to most Americans, but the things we're generally told on "the news" just isn't factual.
For example, in the Clinton years, good ol' Bill and Hillary took a vacation to Jackson Hole, Wyo., and lived for two weeks on a ranch owned by the Rockefellers. The news generally doesn't tell ya'll everything. Bill even got his start in politics under the tuttelage of Jay Rockefeller, and was trained on the job, more or less, as Governor of Arkansas. I know it's a big consipracy theory and all, but some Rockefellers have some interest in oil, such as Standard Oil, etc. . . .
In Utah, beginning decades before then, a Dutch energy company was exploring for coal in a little-know but huge. . . .. really huge. . . . high grade coal deposit in Southern Utah, the little province of the SUWA, an ecological/environmental subunit of the Communist Party, USA, a little puppet of the British oligarchy funded largely "anonymously" by community-based little retail tax dodge shops that are found in almost every major city of America, all neatly qualified as private 501 (c) "charities" usually found behind almost all little political "sticks" or "schticks" more accurately described. Enough coal there to power the United States on this resource alone for 500 years.
At that time, in the eighties, I had an ongoing feud with a local mover and shaker douchebag who had a lot of influence with the Utah Democratic Party. I was parrying legally with his top-flight lawyers, and a whole rattlesnake den of local government stooges over stuff like trees and fences. Yes, the tree that houses the Box Elder bugs, that are still there. But I also had a problem on the ranch, some oil company was wanting to drill on my ranch, and he was in the oil business. I needed advice. He was owner of an oil exploration company, and had done the business locally of locating drilling sites for the majors, particularly Chevron.
When I went to him and told him my plight, his demeanor transformed immediately. There was never another squabble over a tree or a fence. He had his huge office walls covered with maps, with all the oil claims located across several Western states, and he proceeded of offer one of the most valueable gifts I've ever had in life, worth ten times everything my own family ever did for me.
I asked him about the Escalante-Grand Staircase thing that was in the news, and he leveled with me: "We can't let them have that coal".
John D. Rockefeller has been quoted.. ... not often, not a lot. . . . explaining the oil business. . . . the problem is not supply but control of the supply.
The reason we go to the Middle East and get oil today is because it is better to be doing that now than two hundred years from now. American resources are more easily controlled. Use the most questionably-controlled resources first.
The reason the Rockefellers have set up all the little environmental feel-good "causes" is to help make sure our resources are better controlled, and their exploitation limited for the present generation or two, while "control" over them is solidified under the wholly-owned subsidiary Management we sometimes jokingly refer to as "our" government.
The fracking thing is a crack in that control system, and it may be necessary to shut it all down on environmental pretexts for another hundred years or so. . . ..
I'm sure the President that campaigned first on change, and secondly on no change, and the politicians nationally of both supposedly "different" parties, will be using every tool available to plug the crack.