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Subject High Petrol Prices - unfolding history of production and procurement

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[quote:Nerak 0:MV8xMzg3ODNfMjM4OTg1MF8xOUFBOUU1OQ==]
2005 - (august 1) "The Pentagon, acting under instructions from Vice President Dick Cheney´s office, has tasked the United States Strategic Command (STRATCOM) with drawing up a contingency plan to be employed in response to another 9/11-type terrorist attack on the United States. The plan includes a large-scale air assault on Iran employing both conventional and tactical nuclear weapons. Within Iran there are more than 450 major strategic targets, including numerous suspected nuclear-weapons-program development sites...As in the case of Iraq, the response is not conditional on Iran actually being involved in the act of terrorism directed against the United States. Several senior Air Force officers involved in the planning are reportedly appalled at the implications of what they are doing – that Iran is being set up for an unprovoked nuclear attack – but no one is prepared to damage his career by posing any objections"
Philip Giraldi, “In Case of Emergency, Nuke Iran,” American Conservative, August 1, 2005
This may of course be ´planted´ disinformation to dissuade Iran from the euro. Or maybe not.

Read more
http://www.SustainableLiving.info
[/quote]

Original Message High Petrol Prices - unfolding
History of the rise of the cheap petrol economy - commentary and speculation on its fading
[link to www.SustainableLiving.info] or use this TinyURL-
[link to tinyurl.com]
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summary details of fading hydrocarbons price spikes recession in the USA recession overview
immediate response to recession medium term response to recession recession to depression

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140 mya - 140 million years ago Middle East and North Sea oil forms from the continuous rain of dead bodies of tiny plant and animal plankton in the seas of this time.

90 mya - 90 million years ago North and Central American oil forms from the continuous rain of dead bodies of tiny plant and animal plankton in the seas of this time.

1850 - most homes in the west are lit by smoky, smelly, whale oil lamps. The beginning of a turn to clean burning kerosine.

1859 - first ever U.S. oil well drilled in Pennsylvania by the Pennsylvania Rock Oil Company at the site of seeping oil at Oil Creek, Titusville. Oil is struck at 21 meters.

1870 - John D Rockerfeller founds the Standard Oil Company.

1878 - Standard Oil controls 90% of the refining capacity in USA. Kerosine for lighting is a main product, as whale oil for lighting is now increasingly expensive as whale catches have peaked, and are now declining year on year.

1877 - Worlds first oil tanker (steam driven) plys the Caspian sea, carrying kerosine.

1878 - Invention of the lightbulb -death knell of the kerosine lamp.

1892 - In a technological breakthrough, French car builder Peugeot creates the first petrol-engined 4 wheel car that has rubber tyres.

1901 - Spindletop oilfield in Texas drills a well that gushes 100,000 barrels of oil a day.

1903 - Ford motor company incorporated.

More at link.

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