Just look at the BOTTOM LINE!!
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Oil production has begun falling at all of the major Western oil companies, and they are finding it harder than ever to find new prospects even though they are awash in profits and eager to expand.
Part of the reason is political. From the Caspian Sea to South America, Western oil companies are being squeezed out of resource-rich provinces.
Translation: Your fucking plan for world domination is FAILING!!!
And this pretty much confirms that it was Zionists pushing for these wars first and foremost, not the oil companies. That's why controlled opposition outfits like to spew that diversionary reason; it hides the Zionist hand.
They are being forced to renegotiate contracts on less-favorable terms and are fighting losing battles with assertive state-owned oil companies. The reality, experts say, is that the oil giants that once dominated the global market have lost much of their influence — and with it, their ability to increase supplies.
They thanking asshole Bush for that?
The scope of the supply problem became more clear in the latest quarter when the five biggest publicly traded oil companies, including Exxon Mobil, said their oil output had declined by a total of 614,000 barrels a day, even as they posted $44 billion in profits.
Western companies are far better than most national oil companies at finding and extracting petroleum, experts say. They have developed advanced exploration technologies and can muster significant financing to develop new fields. Many of the world’s exporting states, however, have spurned their expertise.
I can't imagine why!
Oil company executives see a straightforward explanation: a trend known as resource nationalism. They contend that they have been shut out of promising regions by a rising assertiveness in the Middle East, in Russia, in South America and elsewhere by governments determined to keep full control of their oil.
Yeah, the AMERICAN INVASIONS and LOOTING of the resource has NOTHING to do with it!
Even in places where they are allowed to operate, the Western oil companies face growing problems. Countries like Russia, Algeria, Nigeria and Angola have recently sought to renegotiate their contracts with foreign investors to capture a bigger share of the profits.
Translation: We are HATED throughout the world! Thanks, Bush!!!
This sense of being hemmed in helps explain why the Western oil companies want more offshore drilling in the United States. They see it as one of their few options. As the power and clout of Western companies erode, the world may become increasingly dependent on government-controlled entities for oil.
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Oh, so THAT'S WHY the push for offshore!!
Not to HELP YOU, AmeriKan shit-eater!!!!
How does getting butt-fucked everyday by this government and MSM feel while you devour shit, 'murka?
