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253 comments on DrumBeat: June 20, 2007

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River on June 20, 2007 - 11:47am Permalink | Subthread | Parent | Comments top

Big oil has been in bed with OPEC since Moby Dick was a sardine. We can count on the current big oil administration to stop any suits against OPEC. Besides, its ok for governments to join cartels, just not individuals...unless you are seeking to be charged with the felony of 'running a continuing criminal enterprise.'...the RICO act.

According to Greg Palast's book, Armed Madhouse, there were two factions with designs on Iraqi oil: The neo cons wanted to sell off the oil to many producers in order to flood the market and bust OPEC, big oil stepped in and stopped the neo cons and demanded that Iraqi oil be placed under the Iraqi Oil Ministry because 'it is the only way an OPEC country can insure adherence to OPEC quotas.' Neo cons are dropping like flies around DC, big oil is getting its way, as usual. We can choose to believe, or not, the assertions by Palast but the events on the ground so far seem to back what he put forth in his book.

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mr f on June 20, 2007 - 12:29pm Permalink | Subthread | Parent | Comments top

I hate to bicker, but Palast just doesn't know what he is talking about about. He is not a thorough journalist, and lacks integrity in his writing on this topic. To me he is a partisan political hack, he's just trying to rile up the Left--and he does a huge disservice to it with his conspiratorial thinking about Big Oil and da-big-bad neocons. He talks to Alex Jones, yet he contradictorily criticizes all the wacky PO conspiracy theorizing on the internet. If you don't like conspiracy theories Greg, then why do you mix them up with basic geology? He should have his facts straight on what peak oil is before he goes on about how "I know Lewis Lapham and since he comes from old money that started the oil industry and he's my friend I know everything there is to know about that stuff that flies me from NY to London and powers me around as I drive to and fro diligently investigating but forgetting to find out the truth.... yippee!" Instead of pursuing facts he wanders off in the direction of that familiar mental delirium that most Americans, or wishful thinkers, rush to when talk begins of oil depletion.

I don't trust a concept that comes out of Mr. Palast's head when it comes to the oil industry, it is that simple.

Palast is just another incorrect liberal who whines "aghghh they're gouging us, they're gouging us!" *whimper* *cry* *whimper* ... That's what capitalism is Greg, get used to it!

Someone call a senator or a member of the house! Surely the congress can do something... *sigh*

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Joseph Palmer on June 20, 2007 - 1:03pm Permalink | Subthread | Parent | Comments top

But -- It is a conspiracy. A geological conspiracy! The rocks are against us! The rocks are against us! ^_^

I was a big fan of Palast's work in other areas, until I read his stories on peak oil. When I applied the same error offsets to his political reporting, I was terribly disappointed.

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mr f on June 20, 2007 - 1:47pm Permalink | Subthread | Parent | Comments top

Our world is a big monkey conspiracy! =]

See, these here monkeys create "entities" known as corporations. Time passes and the monkeys conspire to make money.

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River on June 20, 2007 - 2:15pm Permalink | Subthread | Parent | Comments top

I purposefully left out Palast's comments on PO because I think he is wrong about PO. I also know Palast likes to stir the pot. That said, if you follow his scenario about the battle over Iraqi oil between the neo cons and big oil, the facts on the ground, so far, fit his scenario. That is the statement that I made in my original post. Because Palast is wrong about some subjects does not necessarily mean that he is wrong about all subjects. logic 101...or, for the logically impared 'even a blind hog finds an acorn on occasion.'

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mr f on June 20, 2007 - 4:51pm Permalink | Subthread | Parent | Comments top

Perhaps you are right and Palast can find an acorn, but he couldn't find a truffle if his life depended on it!

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River on June 20, 2007 - 5:47pm Permalink | Subthread | Parent | Comments top

Please advise when your new best seller concerning PO hits the stands, I dont want to miss it.

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