There are arguments from both sides of the oil issue: either we are quickly running out of oil or we have adequate oil to meet our requirements for generations. Both sides offer evidence, witnesses, experts and documentation to validate their assertions. Some peak-oil projects, funded by oil companies, are highly suspect. The very credible Lindsey Williams maintains that the North Slope in Alaska has as much crude oil as Saudi Arabia. Governor Frank H. Murkowski said in 2005 that there is enough oil on the North Slope to supply the entire United States for 200 years. Antony Sutton, author of Energy, the Created Crisis, is adamant that we have sufficient oil. Conversely, I have read reports which support the peak oil theory. I personally believe, after research, that “there is enough and to spare.” Doom and gloom, Chicken Little oil scarcity claims have been propagated from the beginning. A scarcity, authentic or manufactured, of any crucial commodity accomplishes the following:
1. Increases profits to those who manipulate that commodity.
2. Allows the controllers to determine availability to the “right” people.
3. In the case of energy – severely impacts lifestyle, progress and prosperity.
4. Extracts more money from an often overburdened consumer.