Tag Archives: Oil Companies

BP Bailout Proposal Coming Soon

BP Bailout Proposal Coming Soon

Prediction: Before the rooster crows another 60 times, BP will be seeking a government bailout. If you thought the Wall Street bailout debate was nasty, wait until you see the BP bailout debate. We will be told that

World’s Dependency on Oil

World’s Dependency on Oil

The world has grown a dis­turb­ing ad­dic­tion for oil. Many oil fields around the world are head­ed for de­ple­tion. Na­tion­al statis­tics are un­re­li­able at best, or clas­si­fied at worst, and na­tion­al oil com­pa­nies con­trol up to 80 per­cent of oil

The Great Scam

Speculators at petroleum exchanges in New York City, London, and Singapore relentlessly drive up the price of a barrel of oil to ever higher levels. These speculators are nothing but underhanded imperialist thieves manipulating “demand” for oil within the context

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