Making Sense of a World in Disarray
Does anyone still remember
what were the main concerns in the world at the beginning of the last decade?
It was a turbulent time
too, but compared with what we are facing today it was an almost blissful
world.
The media headlines in
those days were about the destruction of the environment, the pollution of air,
land and water, the United Nations impotence in solving the world’s conflicts,
the recurrence of famines in
How long we have come from
those days. Although many of those
problems are still with us, they pale in comparison with what we are facing
today: global terrorism, Global Warming, Global Deeming, oil crisis, and excesses
of nature the likes of which humanity had never seen before. The planet is simply telling us that it can
no longer cope with the burden human beings have placed upon it, and is
fighting back vigorously.
One of the bright lights
at the beginning of the last decade was the hope that with the end of the Cold
War the world had entered a new age of peace, progress and prosperity. That dream is in shambles too. One only has to look at
This however is only one
of many worldwide intractable problems.
Gone are the days of carefree travel, of ‘glorious multiculturalism’, of
the hope of a world without borders and without trade barriers. The age of peace, progress and prosperity
that politicians so enthusiastically promised us at the beginning of the last
decade is as far now as it has ever been.
Instead, we have a world that has been turned up side down, in which no
one is sure of his future anymore.
About two decades ago, I
used to work as a broadcaster for a radio station that catered for the ethnic
communities of NSW (a part time job in addition to my full time work as
teacher/librarian), when news came that the Government had just passed
legislation that enshrined
multiculturalism in law. Every one in
that large studio applauded and jumped with joy, except myself. I withdrew to my desk in silence, head in
arms, wondering what would become of this wonderful country of ours. I could not believe that politicians could be
so myopic at what they had done.
Prior to that, no one was
prevented from congregating where people of the same language were more
common. Nobody objected to people having
their own ethnic clubs, as long as they were opened to other people as
well. There were German, Greek, Russian,
and other ethnic clubs, and nobody objected to their presence because they did
not form the kernel of ethnic ghettos.
Now there are suburbs in
Prior to that legislation,
we all had something in common that united us – the language and a nascent
colorful Australian identity that borrowed from every culture and made us all
proud Australians. Children of second
and third generation lost their ethnic traits and blended in the wider
Australian culture without anyone raising an eyebrow. Now, we have people who have been born and
educated in this country who confess their allegiance to other cultures and
religions, who openly advocate the destruction of the Australian society and
the imposition of some kind of intolerant caliphate.
Is multiculturalism at
fault for that? Not so much
multiculturalism, as multireligionism.
What politicians have not understood is that multiculturalism encourages
multireligionism, and that is what makes this policy unworkable and
dangerous.
The problem comes when
people identify themselves with culture/religion first and with
Cultures do not have
emissaries that seek to impose their tenets upon other people in the manner
that religions do. Politicians brought
up in the liberal tradition of the West, never imagined that their policy would
encourage migrants that come from intolerant societies to emulate and preserve
that kind intolerant ghetto in the heart of Australian society.
Multiculturalism encourages
opportunists to make a virtue out of preserving the old ‘culture’, and
discourages those with more progressive minds from blending into the new
culture and appearing to be less patriotic to the old one.
God loves variety and
cultural differences. That is why He
created nations and cultures that are different and colorful, but He put them
far away from each other and created geographical barriers that separated
them.
Whenever cultures
intermingled in the past, they never lived in peace for very long. The missionaries of the “new world order”,
however, ignored the lessons of the past, and now the whole world pays for
their ill-conceived experiments.
When God empowered the
nations of
Make no mistake about it:
multiculturalism is a brand, or branch, of communism. Under the guise of multiculturalism and human
rights, every evil thing has become legitimate.
This is why the law Courts have lost their compass and forgotten the
meaning of justice too. The justice
system does not even make a pretence of delivering justice anymore. Instead, it is geared towards upholding the
rights of the defendant by any means, while the rights of the victims are
seldom if ever mentioned.
Last year we witnessed an
unbelievable spectacle that nearly embroiled
In the weeks and days
leading to his execution, an unbelievable array of lawyers, barristers and
government officials made their way to the Singapore Government seeking to
upturn that verdict. When they did not
succeed, they threatened to take the case to the United Nations, to the
International Court of Justice, and other forums, but their efforts were cut
short by that man’s execution.
Our media noxiated us for
weeks on end with ‘news’ of his plight.
Huge vigils were held in his honor prior to his execution as if he were
a great celebrity, and an unseemly array of church memorials were held for him
after he was executed. Few seemed to
care that of the 26,000 shots that would have resulted from that haul of
heroin, at least 100 deaths would have occurred in the streets of
But
However, for that to
happen, the world needs a complete overhaul of its systems, politics and
religions. Unfortunately, it also needs
an overhaul of its population. For
unlike heaven, which is unlimited, this planet has reached its capacity. In a little over three decades, the word’s
population is supposed to double again.
But many of the world’s resources are already scarce (water, food and
oil among them), and one third of the world’s population goes to bed
hungry. Leaving aside the question of
whether the world can survive the current crises and reach that point, what
would life be like if twice as many people need to be fed? God loves His creation too much to let it
reach that unbearable point.
Unfortunately, that requires painful measures now. This is what the current world upheavals and
realignments are all about.
The problem with our
leaders is that they do not know the ways of God. They like to do things their own way, and
that is where the danger comes from.
National leaders will be forced to take measures to ensure the survival
of their people, but rather than turn to God and go about it the right way,
they will use the only method they are familiar with – war. This time, however, it will be a war to end
all wars, and all humanity. Here are the
immortal words of Jesus Christ.
"Take heed that no
one deceives you . . . "For many will come in My name, saying, 'I am the
Christ,' and will deceive many.” And you will hear of wars and rumors of wars.
See that you are not troubled; for all these things must come to pass, but the
end is not yet. "For nation will rise against nation, and kingdom against
kingdom. And there will be famines, pestilences, and earthquakes in various
places.
"Then there will be
great tribulation, such as has not been since the beginning of the world until
this time, no, nor ever shall be. And unless
those days were shortened, no flesh would be saved; but for the elect's sake those days will be
shortened . . . "Assuredly, I say to you, this generation will by no
means pass away till all these things take place.” "Heaven and earth will pass away, but My
words will by no means pass away” (Mat 24:4-7, 21-22, 34-35).
This is what the current world
turmoil is all about: a warning from our Creator God that the much talked about
Great Tribulation is upon us. But it
need not be that way. It is certainly
not going to be that way for the people of God.
We have God’s promise that His elect will be spared those trials, and
that for their sake the life of this planet will be spared too.
God has not left the world
in ignorance about those things. The Christian Herald has taken His
messages to every corner of the world, particularly to national and religious
leaders. This, however, is not a
restricted work. Anyone can be part of
it. Anyone can become an elect of God. Indeed, God is calling people everywhere to
turn around from their destructive ways to His wholesome and dignified way of
life. As the Apostles of Jesus Christ
have said:
Oil – The
Blessing and the Curse of This World
Oil brought unsurpassed prosperity to the
world. Internal combustion engines
revolutionized transport and brought people together from all corners of the
world. Agricultural fertilizers, a
product of the petrochemical industry, produced the green revolution that cut
hunger in much of the developing world and transformed many impoverished
nations into exporters of agricultural products. Now all these achievements are under a cloud,
as much because oil also brought the greenhouse effect and the Global Warming,
as because the known deposits of oil are fast running out.
“As
petrol prices remain sky-high, Keith Sutter reports on a prophet of doom’s
early warning”
”Is today’s high price of
oil proof of a warning given half a century ago that the world would start to
run out of oil by this time? The
warning, by American scientist Dr Marion King Hubbert,
was largely ignored at the time, but now, 16 years after his death it’s
attracting much interest. Historians
looking back over the past 150 years will call this the Age of Oil. Oil meets 40 per cent of the world’s energy
needs and nearly 90 per cent of transport needs. Oil is also important for fertilizer, DVD’s,
rubber, plastics and metals.
The US remains the biggest
consumer but it is no longer the top producer; in fact, it has gone from being
the top producer to the top importer.
American motorists consume nearly half the world’s daily supply of
oil.
China is now the
second-biggest consumer, taking Japan’s position. The dramatic grow of the Chinese economy
makes it difficult to predict global oil demand. India and other Asian countries are also
rapidly industrializing.
Debate over how quickly
oil is being exhausted is focused on the “Hubbert
Peak”. According to this theory, oil
production reaches a peak where about half the supply of the find is used,
after which production becomes more difficult.
There is a difference between actually running out of oil and no longer
finding oil at the same rate as it’s being extracted. This is like getting apples of a tree – there
may be apples right at the top but would you want to take all the effort to get
there? Hubbert,
a Shell geologist, produced this theory in 1956. He predicted that US oil production would
peak about 1970 (he was right) and global output would peak in 1995 (he got
that wrong).
There is continuing debate
about when the earth does reach the Hubbert
Peak. The basic question for the Hubert
Peak theory is: has most of the world’s oil been found – or are companies not
working hard enough to locate and drill?
We don’t know what is happening in countries (for example in the Middle
East) that control foreign involvement in their industry. For instance, do the oil suppliers exaggerate
their reserves to discourage other countries from looking harder for
alternative energy sources? There have
been no major oil finds in recent years.
The biggest one recently (in Kazakhstan in 2000) will produce only
enough oil for the world to last four months.
Oil is being used much
faster than new reserves are being found.
Seventy per cent of the oil used today was found at least 25 years
ago. On the other hand, the technology
of exploration has improved considerably.
Engineers are drilling in areas that would have been unthinkable a few
decades ago (such as the depths of the North Sea). Meanwhile, the higher oil prices encourage
greater attention to discovering new fields. Also, new countries are being
opened up for exploration, such as the former Soviet republics in Central Asia
(Azerbaijan, Kazakhstan and Turkmenistan).
Saudi Arabia remains the most important oil producer. The country has about 25 per cent of the
world’s proven oil reserves. The oil
used to be easy to obtain. The Ghawar field,
discovered in 1948, remains the world’s largest.
The country plays a key
role in moderating the international price because it can flood the market with
a new supply and so prevent others from pushing up the price. But how stable is the regime? It knits together traditional tribal clans
and conservative Wahhabi Islamic clerics.
Ordinary Saudi subjects have an unusual life. They have a lifetime pension but are
restricted by the Wahhabi police in how they spend their money. The society is wealthy and open to technology
and new ideas, but there is a great control over citizens’ lives and so they
can’t reap many of the benefits of globalization.
There is no democracy as
such. Citizens don’t pay tax and so the ruling elite feels no obligation to be
accountable. The elite consists of about
50,000 people; the precise number isn’t known because some men don’t know how
many children they have. Osama bin Laden
is one of about 50 children. The elite
governs 22 million people (of whom 16 million are Saudi). The other six million have been recruited to
do menial tasks (for example women aren’t allowed to drive and so about a
million chauffeurs are brought from abroad to drive them).
Osama bin Laden, the black
sheep of his billionaire family, wants to destroy the regime because he thinks
it’s not conservative enough. Most of
the September 11 hijackers were Saudi Arabians – rich, well-educated young men
who, apparently, had much to look forward to and yet were bored. Bin Laden gave them a cause to die for. The Saudi problem is just the tip of the oil
iceberg. China also wants oil from the Middle East and so protects the
interests of Iran, which the US regards as part of the “Axis of Evil”. China is also encouraging Canada to build
east-west pipelines to get oil to the Pacific coast (and not just north-south
down into the US). China is, therefore,
needling the US by getting at its traditional suppliers of oil. Hubbert was born in
Texas on October 5, 1903. He excelled at
university and spent most of his career in the oil industry. He was a brilliant scientist but his
colleagues thought him short-tempered and abrasive. His major contribution to science was his
application of physics to geological processes.
He dealt with the mechanics of geological structures, the physics of
underground fluids and the significance of the Earth’s resources for
politics. He was controversial because
most members of the oil industry couldn’t believe that the age of oil would end
so quickly. The world’s first oil wells
were in the US and Canada in 1859-60. In
1880, German engineer Nicholas Otto invented the internal combustion
engine. Five years later, Karl Benz of
Germany built the first car to be powered by an internal-combustion
engine. The world’s love affair with oil
was under way. But by 1956 Hubbert was already predicting the end of the oil era. Now
scientists and financiers fear he may have been right after all.” (Keith Suter, The Daily Telegraph, Oct. 10,
2005).
The current oil crisis is
different from the one the world faced in the early 1980’s, when the sudden
increase in the price of oil was subsequently offset by a massive increase in
the supply of oil. No such offset will
occur this time, because the oil is not there anymore. Many countries have seen their meager
reserves dwindle in recent years. Even
Russia, which was thought to have almost inexhaustible reserves, declared
recently that, “Our oil exports reach maximum, then decline starts in two
years”. (Yuri Shafranik,
head of the Russian Union of Oil and Gas Producers, Interfax, Nov. 9, 2004).
President Bush went to war
in the Middle East with the avowed goal of bringing democracy to that
region. But does he really think that a
country like Saudi Arabia, with a fundamentalist Wahhabi regime, would survive
under democracy?
Fundamentalism and
democracy are incompatible. Changing
those regimes to democracy is a social and demographic earth shift the likes of
which only God can achieve. It so
happens that He is about to do just that.
Zec 14:16 “And it shall come to pass that everyone who
is left of all the nations which came against Jerusalem shall go up from year
to year to worship the King, the LORD of hosts, and to keep the Feast of
Tabernacles.
Zec 14:17 And it shall be that whichever of the
families of the earth do not come up to Jerusalem to worship the King, the LORD
of hosts, on them there will be no rain.”
Zec
Zec
Now why would Egypt refuse
to come up to Jerusalem to honor the LORD and keep the Feast of Tabernacles? Because it will be angry of what happened to
the other Arab nations that fought against Jerusalem. They will soon discover that the God in whose
name they launched global terrorism was not as powerful as the God of
Christianity who defended the world against their terrorist acts.
When will these things
happen? Well, dark clouds are already
gathering on the skies of Jerusalem. UN
and European troops are already ‘guarding’ Israel’s borders to the north and
south, Russia is arming the Palestinians, and the Arab nations and Iran are
feverishly preparing for a life and death struggle with Israel. Now what might these have to do with the age
of oil, one may ask. More than people
realize, because the end of this age and the end of the age of oil are
prophetically linked.
The angel of the
‘bottomless pit” is none other than the angel of oil. This passage says that
the age of oil, which began about the middle of the nineteenth century, will
last for five months. Using the biblical principle of a day for a year, five
prophetic months add up to one hundred and fifty years. That brings the end of
the age of oil to about our time. What then?
The end of the age of oil
comes about one hundred and fifteen years after it begins, when its angel is
locked up again into the bottomless pit.
Oil cannot be allowed to run out altogether at this time, because at the
end of the
This passage tells us that
the angel of the bottomless pit is none other than the Devil. Any wonder that oil began as a great
blessing, and ended up as a curse that is destroying the world. Only the Devil’s gifts have a sharp edge to
them.
This brings us to the
question of the origin of oil.
Scientists say that oil comes from fossils that have been buried deep in
the ground over millions of years.
However, animals do not transform themselves into oil when they
die. If they are left exposed to the
elements of nature, they putrefy and dry out, leaving behind nothing but
bones.
If the amount of oil that
has come out of the ground in the last century and a half was formed from
fossils, mountains of animals would need to have been buried alive
suddenly. But how could that happen when
the same scientists say that no upheavals of the likes of Noah’s Flood, which
turned the world up side down, ever occurred, that geological times have always
run smoothly like they do these days?
No, oil has not come out of buried fossils under pressure and heat, but
put into the ground by the Creator at the time of the creation. He knew exactly
how much oil was needed for the two ages of oil that humanity would experience
in the course of time.
It is interesting to note
that at the end of the Millennium, during the second and short lived age of
oil, the people of Gog and Magog are gathered again against Jerusalem, not from
the far north where they are found before the Millennium, but from the four
corners of the earth. Now how did they
get spread out like that? Obviously
during the Great Tribulation. We warned
President Putin that unless he stopped trampling under foot his weaker
neighbors, his nation faces catastrophe, but he did not listen. When we pointed out that although he has a
nation that extends over nine time zones he still took land from the weakest
and smallest member of the Commonwealth of Independent States, he issued a
statement saying that he took land from the
During the First World
War, when
We will have more to say
about that shortly, but first this is what God has to say about that kind of
behavior.
Exo 22:7 "If a man delivers to his neighbor money
or articles to keep, and it is stolen out of the man's house, if the thief is
found,
Exo 22:8 he shall pay double. "If the thief is not found, then the
master of the house shall be brought to the judges to see whether
Exo 22:9 he has put his hand into his neighbor's
goods. "For any kind of trespass,
whether it concerns an ox, a donkey, a sheep, or clothing, or for any kind of
lost thing which another claims to be his, the cause of both parties shall come
before the judges; and whomever the judges condemn shall pay double to his neighbor.”
If Mr. Putin refuses to
return that treasure to Romania, with whom he does not have the best of
relations these days, he could return it to the Republic of Moldova, currently
his ally, but then part of Romania, and therefore just as entitled to that
treasure, or at least to part of it.
Otherwise it will surely burn his fingers and his pockets, and
unfortunately those of his people. It is a universal principle that cannot be
broken – upheld by none other than God Himself.
Those who try to break it, will themselves be broken.
“It is a fearful thing to
fall into the hands of the living God”
(Heb
Poor
Last year the European
Union granted the Romanian Government 1.3 billion euros to prepare the country
for accession to the EU. The Government
could spend only one sixth of that amount.
Such gross incompetence would have drawn the resignation or the sacking
of the Prime Minister anywhere else, except in
There are few countries
that are as endowed with natural resources and beauty as
“The European Commission,
said that inadequate financial control, inappropriate accounting, and the lack
of qualified personnel, which it described as “critical”, will affect important
projects after
“The
chief of the European Commission Delegation, Jonathan Scheele,
also spoke critically of a lack of vision in the administration of the
Capital. “
Infernal traffic, grossly
deficient planning, dilapidated buildings, and yet the Government wasted one
billion euros. One dreads to think what
Jonathan Scheele might have found if he ventured
beyond
We waited ten months for
the new government to take roots before we contacted it about the murder of my
mother, which occurred in 1991under the regime of Ion Iliescu, and which has
never been investigated. Not knowing
whom we should address, we sent e-mails to all ministers, hoping that at lest
one would take up her case and raise this question with the relevant authorities.
Instead, we received a reply from the Minister of Communications who told us
that what we have done is spam, and punishable under Romanian law. Seeking justice for the murder of your
mother is spam in
When my mother’s assailants
heard that I was planning to revisit the country, they sent word that if I
returned I would have the same fate.
Apparently, “unforeseen accidents” still occur in
We reported in previous
editions how during communism, the Securitate had infiltrated and decimated
Romanian exile communities. Now,
apparently in a show of strength, to prove to us who is still in charge, they
have destroyed the one and only organization that maintained its independence
and fought for the community spirit during those dark days – the Romanian
Australian Cultural Society. How did they
do it? By tricking its members into believing
that those who were once Securitate agents have changed their color and are now
democrats. Those impostors have taken
hold of its leadership and have virtually dismantled it. Along the way, they have thrown with mud in
the decent members that have kept the organization alive for decades through
countless sacrifices. And guess which
organization is flourishing again? The
same that was once considered a hotbed of Securitate agents and informers,
which they called church. There is
nothing sacred with those people anymore.
As they say, old habits are hard to break. Or as the Scriptures say:
This is what this work has
been all about. We have cried aloud the
sins of the world, and shall continue to do so to the very end, in the hope
that people may turn around from their wicked ways, repent, turn to God, and be
saved.
Now we must return briefly
to
“In the later years”, when oil is on the wane,
Gog and Magog will come “from the far north” with a company of nations, that
includes
Is it a mere coincidence
that this alliance has the largest reserves of oil, the fuel of the Devil, and
that they are largely responsible for unleashing the angel of death, the angel
of terrorism, upon the world at this time?
And how did Gog and Magog
end up in the four corners of the earth from their place in the far north? Clearly, an upheaval of unprecedented
proportions will occur during the Great Tribulation. How far are we from that event? The current oil crisis is another indicator
that we are on the brink of it. Here are
transcripts of programs that expose the truth behind the current oil
crisis.
‘Real Oil Crisis’
“What would
happen if the world were to start running out of oil? Conventional wisdom says
we’ve got 30 years, but there’s a growing fear amongst petroleum experts it’s
happening much sooner than we thought – that we are hitting the beginning of
the end of oil now. So how soon will the oil run out, and can we stop our
economy collapsing when it does? How prepared are we for the real oil crisis?”
Narration: What would happen if the world started running out of oil?
Jeremy Leggett: It’s going to be very difficult to get gasoline for transport. Food is
not going to be getting through in enough quantities to the shops.
Narration: Conventional wisdom says that’s at least 30 years away. So
why does a growing group of petroleum experts believe it’s coming within
three?
Eric Streitberg: Ah. I think it’s happening now
frankly.
Peter Newman: It gives me nightmares when I think about what we’re headed for. Narration:
Are they just scaremongerers or have the rest of us been asleep at the wheel.
Are we about to hit the real oil crisis?
Jeremy Leggett: Really when the crisis dawns I think people are going to be looking
back in anger. How have we allowed ourselves to get into this mess?
Narration: In just a century, we’ve allowed our lives to become entirely dependent
on cheap oil.
Jonica Newby,
Reporter: And
it’s not just that 90% of our transportation is fuelled by oil. This shopping
centre is literally full of petroleum products.
Look: the fabric in these clothes – petroleum based. These plastics,
petroleum based. It takes on average 6 barrels of oil just to bring one cow to
market.
Narration: Yet who of us stops to think oil is a finite resource - the lifeblood
of our modern world is steadily pouring away.
Jeremy Leggett: We just take it so much for granted that cars drive around, the pumps
are always full. I talk to people in financial institutions who are investing
on the assumption that oil supplies are going to grow and grow into the 2030’s.
I hardly ever meet anyone who knows about this problem outside a relatively
elite group of whistleblowers inside and around the oil industry.
Narration: Dr Jeremy Leggett is part of an international splinter group of
petroleum geologists convinced a tipping point on oil is imminent. This former oil industry insider, now
alternative energy advocate, has written a new book outlining the case. It
makes startling reading. The most
oil ever discovered was way back in 1965.
Narration: This graph traces world oil discoveries. Since 1965, the amount of
oil discovered each year has inexorably plunged - despite all our advances in
technology.
Jeremy Leggett: The last time we discovered a whole new province was the North Sea in
the early 1970’s and really you know these days the average size of an oil
field that gets discovered is about 50 million barrels. It’s nothing, it’s a
drop in the ocean. We’re using 84 million barrels a day. The last year we discovered more oil than we consumed was 1981. We use 2 barrels of oil for every
barrel discovered. I’ve been talking to people who I know
because of my past in these big oil companies and they tell me there are no
more big oil fields left to find. Narration: So if we’ve found nearly
all the world’s oil, how long before it runs out? Surprisingly, that’s not so important. The real question is when
will we reach half way – it’s known as 'peak oil'.
Jonica Newby,
Reporter: So
what exactly is peak oil, and why is it so serious? That’s what I’m heading to
the west Australian oil fields to find out.
Narration:
My guide is a geologist from deep within the oil industry. Eric Streitberg is managing director of Australian oil company,
ARK energy. He’s just decided to go
public with his fears.
Streitberg: The reason I feel strongly about this is that people don’t
understand the underlying causes of why petrol prices are going up and what the
effect that could have on our lives.
Narration: Eric is about to show
me what happens when oil field reaches peak oil.
Eric Streitberg: This oil field was discovered in 2001 and is
now on full production doing about 6000 barrels of oil a day which is about 10%
of Western Australia’s consumption. Jonica Newby, Reporter: Wow: 10%. Narration:
When oil is first pumped, it’s under pressure and comes out easily –
production rises. But over time, oil
pressure drops. Water is pumped in to
maintain pressure. At the half point, it
reaches peak oil, and then it stars to decline.
Eric Streitberg: We’re
holding on to peal oil production at the moment but we’ll be going into the
inexorable decline of oil fields very shortly.
Jonica Newby, Reporter: Really, and
there is nothing you can do?
Narration: To ram home the point, Eric takes me to an
oil field which passed peal oil in 1992.
Eric Streitberg: Jonica this is what we are getting out of this oil
well. It’s 99% water and 1% oil. Narration: All oil fields follow the pattern
of rise, peak then fall – even if they encompass an entire nation. The US hit peak oil in 1971. The UK with its
North Sea oil peaked in 1999. Australia
peaked in 2000. So when will planet
earth reach peak oil? That depends on
what’s really happening here. The place
that provides a quarter of the world’s oil – the Middle East.
Jeremy
Leggett: These governments have not let
anyone in to verify how much oil they have for getting on for a quarter of a
century and in the 1980s there were some suspicious treatment of oil reserves
data. Most of the Gulf countries
increased their national proved reserves supposedly by in some cases up to
double, and then ever since the quoted figures have not gone down very much at
all. I don’t believe that for a
minute. Narration: The dissident
geologists went back to original surveys to estimate total Middle east oil.
They added world reserves, and projections of all future oil to be discovered.
That’s how they calculated the world will reach peak oil in the next three
years – if we’re not there already.
Jeremy Leggett: 2008 maybe
2009, certainly no later than 2010.
That’s the point at which we will no longer be living in a world with
growing supplies of generally cheap oil but instead living in a world of
rapidly shrinking supplies of ever vastly more expensive oil and that point of
realization is going to come as a real shock. The we will word record oil
prices. Who knows how high they can go.
Narration: So what does
the mainstream think? The world’s
largest oil company is Exxon Mobil – Esso. It employs 20, 000 scientists to generate
their own exhaustive data sets. In their
Melbourne 3D seismography room, I met head of exploration, geologist Dr Doug Schwebel.
Dr Schwebel:
OK this is a three dimensional image of the geology offshore Bass Strait in
Victoria.
Narration: Doug
acknowledges oil will run down eventually, he just vigorously disputes
when.
Doug Schwebel: Well, people have been predicting for over a hundred years that we’re going to run out of oil. It hasn’t happened. We don’t think nit is going to happen in the near term. Narration: Exxon calculates twice as much oil left in the world as the so called ‘early peakers’ - placing peak oil decades away.