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Origins of the Peak Oil Conspiracy Theory

Marion King Hubbert Peak Oil

Marion King Hubbert, Geologist

The Peak Oil Conspiracy traces its roots back to geologist Marion King Hubbert back in 1956. He presented a paper indicating that any finite resource must have a beginning, middle and end of production and must reach a point of maximum output followed by a decline. Thus technology will keep improving to extract oil at a faster rate which must eventually reach a point of decline. He accurately predicted a decline in oil in the 60’s and 70’s which marked him as the first to bring the problem of peak oil to public attention. The term “peak oil” refers to the maximum production of oil, not to the falling supply of oil.

The Oil Overview

Nikola Tesla Alternative Energy

Nikola Tesla

Many allege that inventor Nicola Tesla developed an alternative form of energy to Oil called Free Energy over a hundred years ago, but that this discovery was covered up by oil baron John D Rockefeller. Thus this form of energy faded away. However, there is no evidence that such an energy source actually exists and it is unreasonable to suggest that it does give no scientist has since been able to find a basis or even create any working models. Thus nothing at the present moment can replace oil.

The world today runs on oil. And should we reach a point of peak oil then it would result in a crisis? Many contend that should we reach this point then the free market will solve the problem, as more resources are turned towards discovery alternative forms of energy and different ways of doing things the solution will be found. And this does have the basis in fact. However what is missing is the length of time this would take to implement along with the scale of implementation. It would take many years to get it right while people need to utilize transport to get to work and for all industrialize factories to make products which are needed worldwide. Thus the adjustment period could get problematic in terms of production and distribution of needed produce. Similar to global warming, where it is not the fact that the world is heating up but the speed at which it’s heating up, the speed at which we run out of oil will be a determining factor in terms of the economic fallout. In a general sense, it is quite obvious that a decline in the supply of something so intrinsic to the modern economy would have adverse economic consequences. However, there are a number of peak oil conspiracies which contend with some of the assumptions of peak oil, which are outlined below.

1. Peak Oil invented by Oil Industries

The main peak oil conspiracy put forward is that there is no shortage of Oil and that artificial demand is created by the oil barons. The oil companies are aware of peak oil but does not utilize additional reservoirs because it needs to maintain the illusion of scarcity. If there is a perceived shortage of oil, then prices can shoot through the roof, as has happened historically. It is true that a decrease in supply will result in an increase in price and therefore more money for oil producers who hold oil. And it would be in their interest for the prices of oil to go up.

Oil Industries

However this is not to say that the Oil Industries somehow have all scientists, geologists and the world at large completely fooled by fabricating the message that oil supplies are running out, in much the same way that Climate Change is not a giant hoax pulled off by the environmental energy sector. Such claims need evidence to back them up, of which there is little. Further, it would take a collusion of all oil barons involved, which is unlikely.

2. Oil is Renewable

Little credence can be given to this theory. Oil is not renewable in any way. It has been proven beyond reasonable doubt that oil is biotic in origin and nonrenewable. And the point would be moot in any case. We are using oil faster than it would be replenished leaving the world in the same position with regard to peak oil – Needing to find an alternative energy source.

3. Renewable Energy Sources have been suppressed

There are many who contend that alternative energy sources are alive and well and actively suppressed, in order for the energy industries to maintain their monopoly. The energy sector is huge, and should an alternative energy source be developed it will end a lot of multi-billion dollar industries. All appliances run on energy. All cars run on energy. All manufacturing runs on energy. There is tremendous wealth in the oil industry. Thus should a renewable device be developed which powers your house, car and everything else, it would definitely be a crippling blow to a variety of monopolies and a massive plus to ordinary citizens, as energy would be more or less free. There are a number of cases which involve inventors working on renewable energy sources and who have met stiff opposition from the energy industries including:

  • Al Wordsworth: Electrical Generator and Advanced Carburetor
  • Mike Brady: Perendev 300 kW Self-Running Electromagnetic Generator
  • Robert Stewart: Stewart Cycle Heat Engine
  • Gary Vesperman (Reporter): CIA Agents at 1996 Tesla Society Symposium 8 Stewart Harris: Theory of Magnetic
  • Instability 8 Ron Brandt:
  • Richard Diggs: Liquid Electricity Engine
  • Gianni A. Dotto: Anti-Aging and Anti-Gravity Thermionic Couple
  • William Bolon: Automobile Steam Engine

Bill Williams: Joe Cell Technology

“The driver stated that they wanted me to stop working on all forms of alternative energy. He also stated that we know everything about me, my family, and all my projects past and present.

At about that time the passenger reached and held up a file that was about 2 or so inches thick. He opened it up and showed me telephone transcripts, emails, messages from the groups that I had belonged to.

They knew where my kids worked, the times they are at work; also my wife’s working hours, my grandkids’ school, etc. They knew everything.

The driver said that if I did not stop working on this (he then opened up the left side of his jacket and showed his weapon that was holstered) that there would be other consequences.

He also stated that he wanted me to post that I was no longer working in this field and to destroy all my work, i.e. Cells, Drawings, Lab Journals, everything!

At that point he walked around and got into the rig. I shut the hood and got the hell out of there. They followed me for about 2 miles and then must have turned off somewhere.”

The details of these and more renewable energy cases are available online (unverified). Reports include cutting of research funding, harassment, murder, threats of bodily harm and damage to the family, blackmail, phone tapping, destruction to property and research facilities and suppression of findings. Oil companies are well known for purchasing patents for inventions which propose to increase fuel efficiency. The inventions are then left unused by the Oil Industry. In many other cases, the company is bought outright. The film documentary Who Killed the Electric Car? Investigates the suppression of the Electric car in the U.S. The film investigates how the automobile manufacturers, the oil industry and the Bush Administration collaborated to kill off the Electric car before it took off, and questions the logic of destroying all models of electric car. Unless they are reintroduced in such a way that the oil and manufacturing industries can make a profit off of we will not see the introduction of either a new energy form or electric car of any kind.

The initial “case” of suppression of renewable energy would be the illegal possession and subsequent destruction of the works of Nikola Tesla immediately after his death. Some theorists also contend that J.F.K was assassinated due to his promotion of renewable energy, linked in particular to the Passamaquoddy renewable energy project and other investigations into sources of coastal energy as an alternative to the burning of fossil fuels. The Peak Oil Conspiracy naturally evolves to the free energy Suppression theory when taken towards it’s ultimate conclusion. The free energy Suppression Theory indicates that should a renewable energy device be created then nobody would have to pay for anything and the Capitalist system would collapse. This concept was explored in the works of Iain M. Banks and is even found in Star Trek. However it is utopian and idealistic in nature and far removed from where we are today. It would result in a vastly changed way of doing things, but it would be illogical to suggest that it would lead to a collapse of the capitalist system. There would still have to be a medium of exchange for goods and services.

However, Peak Oil conspiracy Three is gaining traction and will continue to grow as more and more people look into alternative energy. The suppression of alternative forms of energy has been by far the largest, and most accurate theory proposed by theorists. It is more important than any theory about debt, moon landings or absurd Alien Reptile conspiracy claims. The suppression of alternative forms of energy has had more of an effect on the financial, mental and emotional well-being of humanity than any other single factor.

Conclusion

It would seem on the face of it that the win is for human ingenuity and the free market. Marion King Hubbert was actually correct in his initial prediction of peak oil in the 60’s and 70’s – until the successful application of massive hydraulic fracturing to existing U.S reservoirs. He was correct based on the data/known variables at the time. And new reserves are being discovered all the time. The ultimate failure with every projection is that it is a projection upon which not all variables are known.

Thus current estimates indicate that oil will run out in the future. However, it cannot take into account how many oil reserves will be found or how technology that will be inevitably created will resolve current issues. Any equation or projection can only take into account known variables, and it is unknown variables that often have the greatest effect – such as the internet, bitcoins or other unknown disruptions. Also of note is that in 1919 U.S chief geologist David White indicated that with regard to petroleum

“the peak of production will soon be passed, possibly within 3 years”.

And In 1953, Eugene Ayers, a researcher for Gulf Oil, projected that production in the US would peak no later than 1960. In conclusion there is no need to worry about peak oil. It is not that there is a peak oil conspiracy, it’s just that that there are unknown variables, humans are highly inventive and 99% of all predictions and projections have been incorrect, and always have will be. With regard to the suppression of free energy, it is just a matter of time before awareness is generated and the monopolies can stem the tide of the invention no more.

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