Thursday, August 31, 2017

BLACK GOLD



A distinguished scientist by the name of Thomas Gold, a professor of astrophysics at Cornell University, began studying the origins of oil on planet earth.
Gold was probably best known for his later work with NASA and his accurate prediction that the lunar astronauts would find that the moon’s surface would be largely covered by a few inches of dust. Previously, many scientists feared that the dust on the surface would be so deep that it would envelop the first astronauts and possibly consume them as they stepped out of their spacecraft.

He postulated a theory that countered the conventional wisdom that said oil formed in the earth from organic sources. That’s how oil and gas became known as “fossil fuels.” During the energy crisis of the 1970s, Gold resurrected his earlier work, making the case that there was no shortage of oil within the earth, which constantly was manufacturing it – rather than from the degradation of organic materials.

Gold theorized that since petroleum and its component hydrocarbons were present across the entire universe, there was no reason to believe "that on Earth they must be biological in origin"

He also found that major oil-producing regions in the Middle East and southeast Asia were defined by large scale patterns in surface geology and topography, such as deep fault lines. He also pointed to the abundance of helium in oil and gas reserves as evidence for "a deep source of the hydrocarbons." Then came reports of oil reserves thought to have been exhausted suddenly generating vast amounts of new crude oil.

Gold proposed that the Earth must possess a virtually endless supply – suggesting as much as "at least 500 million years' worth of gas."

But it turned out Gold was not alone in his theories. Soviet geologists had come to the same conclusion about oil and gas in the 1950s.

Now, you might think these reports would be welcome news to the oil industry. But that would be wrong. If gas and oil were as common and abundant in the Earth, how would the price of oil and gas be affected, the industry titans wondered?

So, they ignored Gold’s research. They covered it up. They ridiculed it. They scoffed at his conclusions.

The distinguished scientist died in relative obscurity in 2004.

But, shortly after Gold’s death, his work formed the basis of a much more accessible book for the average non-scientist. It was called “Black Gold Stranglehold: The Myth of Scarcity and the Politics of Oil” by Craig R. Smith and Jerome Corsi. And it reveals everything you need to know about abiogenic oil and what it means to you, your financial welfare and your strategic financial planning.

WND has a limited supply of this hardcover book it is making available to the public once again.

Not surprisingly, the oil industry did its best to suppress the book when it was released in 2005.

“They don’t want to debate us, they want to shut it out,” Corsi, twice a No. 1 New York Times bestselling author.

Smith, the founder of Swiss America, believes the oil industry has a “vested interest in having people believe [oil] is a very scarce commodity. It’s only to the benefit of anybody who sells a commodity to have people believe it’s running out,” he said.

Knowing the origin of oil and its expected supply is crucial to the nation’s policymaking, Smith argued, pointing out the U.S. economy is “absolutely predicated on having supplies of reasonably priced energy.”

“If in fact we’re running out of oil, then we are making good decisions about the political and economic impact that oil will have in our society,” he said. “But if in fact it’s not running out, we’re making bad decisions.”

Smith added that on one hand, the nation owes the oil industry a great debt of gratitude for all it has delivered.

“But by the same token, are they telling us the truth about supplies?”

Smith pointed out that from 1970 to 2005, the demand for oil increased 200 percent, yet today, there are at least 1 trillion barrels of proven reserves and as many as 7 trillion, according to one estimate.

“We’re finding new oil fields every day of the week,” he said.

If you believe that oil is a “fossil fuel,” be prepared to have your thoughts turned upside down.

If you believe that the U.S. has no choice but to rely on foreign oil until it ultimately runs out of the precious resource, prepare to be challenged by new views that “have the opportunity to help give birth to a new generation of oil politics and economics.”

In “Black Gold Stranglehold: The Myth of Scarcity and the Politics of Oil,” Corsi and Smith expose the fraudulent science and irresponsible politics that have been sold to American people to enslave them. By debunking several myths, Corsi and Smith provide an outline for progress that would help to establish America as energy-independent.

I realize the objective of this article is to sell the book (which I have not read), but it is an interesting theory…


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