Skousen: Gas Price Manipulation—Public Needs to Demand Opening of the Gull Island Oil Field (Alaska)

World Affairs Brief, May 16, 2008. Commentary and Insights on a Troubled World.

Copyright Joel Skousen. Partial quotations with attribution permitted. Cite source as Joel Skousen’s World Affairs Brief

MORE ON GAS PRICE MANIPULATION

It’s well and good that Congress vote to stop filling the US Strategic Oil reserve because the US already has billions of barrels in the ground in Alaska–entire oil fields capped and drilled, but kept off the market.  The filling of the Strategic Petroleum reserve is merely one more attempt to keep fuel in short supply.  I will be blunt.  There is a conspiracy to raise fuel prices and it is pernicious.  No one is targeting the collusion we see daily between the oil companies.

Fred Cederholm in a Baltimore Blog noted these careful observations during the latest and suspicious run up in gas prices–too rapid and too well coordinated to be a result of natural market demands.  “It must have been some pricing strategy by all of the fuel retailers because the spike [of 13 cents a gallon] occurred everywhere, regardless of the company or the brand, at almost the same moment [within 2 hours]… I had already been on-line checking world-wide news and developments when a friend and neighbor stopped at the house to tell me I had better fill up immediately because a price jump was coming. I logged off and topped off my gas supplies for all of my fuel thirsty vehicles and gizmos. I then went back on-line to find out why the spike occurred. I found not one single development, catastrophe, or explanation. I found nothing to justify the jump!”  Later, the media will always be fed some event used to justify the increase, just like their servile explanations that “the stock market rose today due to some company performing better than expected.”   Nonsense.

PUBLIC NEEDS TO DEMAND OPENING OF THE GULL ISLAND OIL FIELD

I have long maintained that the US government is purposely keeping US oil discoveries off the market in order to allow insider oil companies to drive up prices and save US supplies for the next war.  Evidence continues to confirm that charge. A massive oil/natural gas field exists under Gull Island, located in the waters of Prudhoe Bay in Alaska, according to Lindsay Williams. Williams was an Alaska oil field Chaplain who was so successful at boosting moral during the building of the Alaskan pipeline that he was given special access to many high level meetings at the Atlantic Richfield company.  At one of those meetings, he witnessed, first hand, discussions confirming a successful find of a massive new oil field near Prudoe Bay in Alaska–at Gull Island the day before the meeting.

A few days later, the chief operating officer of Atlantic Richfield for Alaska, Ken Fromm, who had invited Williams to the meeting, called him and told him he must never mention this new discovery–that the US government had classified it and was ordering it capped.  It is still being held off the market and is not part of the environmental lock-down of oil in the Arctic National Wilderness.   Williams was given a British Petroleum memoranda [probably by Fromm] which related the statements of upper echelon oil officials from Arco which said that Gull Island would be kept under wraps, limiting domestic supplies so Americans would someday see prices hit up to $10 a gallon at the pump.

Lindsey Williams decided to violate that informal ban and publish a book, The Energy Non-Crisis, about the scandal.  Ken Fromm was finally fired by Atlantic Richfield for allowing Williams in on the meeting and for helping correct technical details in Williams’ book.  He told Williams that the Powers That Be were making sure his book would be suppressed and would not get any establishment media coverage.

Here’s an excerpt from Chapter 17 The Energy Non-Crisis.  The entire book is online and on U-tube videos: http://educate-yourself.org/cn/lindsywillaimsvideos22may07.shtml

“Gull Island just proved what the oil companies have believed for some time. It authenticated the seismographic findings. Seismographic testing has indicated that there is as much crude oil on the North Slope of Alaska as in Saudi Arabia. Since the Gull Island find proved to be seismographically correct, then the other testings are correct also. There are many hundreds of square miles of oil under the North Slope of Alaska.

“To clarify what I am about to say, let me first re-emphasize that the government permitted the oil companies to drill and prove many sites (subsequently making them cap the wells and keep the proof of the finds secret), but they do not allow them to produce from the wells. This is why I have referred (below) to a number of wells having been drilled (after I left the North Slope). The only production permitted is from the small area of the North Slope.

“Gull Island is located five miles off shore from Prudhoe Bay. It is in the Beaufort Sea. The chemical structure of the oil at Gull Island is different from that of the oil in the Prudhoe Bay field and the pressure of the field is different, proving that it is a totally different pool of oil from that at Prudhoe Bay… Three wells have been drilled, proven, and capped at Gull Island. The East Dock well also hit the Gull Island oil pool (you can tell by the chemical structure). For forty miles to the east of Gull Island, there has not been a single dry hole drilled, although many wells have been drilled. This shows the immensity of the size of the field.

“Only recently, just west of Gull Island, the Kuparuk oil field has been drilled. Again, this is a totally separate pool of oil from either the Prudhoe Bay field or the Gull Island field. The chemical make up of the field and the pressure of the field is different from the others, proving it to be a totally separate pool of oil. In an entirely different area of the North Slope than the 100-square-mile area of the Prudhoe Bay field, the Kuparuk field is approximately 60 miles long by 30 miles wide and contains approximately the same amount of oil as the Prudhoe Bay field.

“From 1973 through 1980 we were being told continually that America was in the midst of a major energy crisis, yet no oil production was allowed from the Kuparuk field. It wasn’t until 1981 that permission was finally granted for production. Why the delay–if there really was a crisis? The reason Mr. X made the statement that there is as much crude oil on the North Slope of Alaska as in all of Saudi Arabia is because the oil companies have drilled all over the North Slope and have proven there is that much oil there, but still they are only allowed to produce from the small area.”

“Americans will also be shocked to know that almost all Alaskan crude is shipped overseas (most to Japan) while America has to import most of its oil.  “Possibly you have heard it stated that the Alaskan crude oil has such a high sulphur content that it cannot be refined by most oil refineries in the U.S. We are being told that this is the reason why the Alaskan oil is not helping to solve America’s energy crisis. This is also the excuse that is being used for shipping Alaskan crude oil to other countries. It has also been reported that major power companies are even telling this to their customers, using it to justify their need for rate increases….[However] An August 11, 1980, analysis of the Prudhoe Bay crude oil, which is flowing in the Trans-Alaska Oil Pipeline, reads as follows:   Sulphur content – 0.9%  The sulphur content of the Prudhoe Bay Alaskan oil is low in comparison to oil from other sources in the U.S., as well as many foreign oils.”

Related:

Lindsey Williams Returns: Get Ready for $5 a Gallon Gasoline and Major Food Price Increases! – Alex Jones Tv

Lindsey Williams: The Elite Speak — Dollar to devalue by 30-50% in the next 12 months

Lindsey Williams on Radio Liberty: Lindsey predicts…

Lindsey Williams Returns: Confessions of an Elitist Who Has Now Passed. When the Euro dies we just have 2 to 3 weeks until it happens to US!

Lindsey Williams Returns: Get Ready for $150 Barrel of Oil and Mr. X Revealed!

Lindsey Williams: Deathbed Globalist “Spills Gut” On Plan to Destroy America

Lindsey Williams on Alex Jones Tv: Lindsey talked with elite insider again (2/24/10) about the future of America and monetary system, the globalist plans for the rest of the world — “The dollar will be dead by 2012.”

Lindsey Williams on the Two Year Globalist Timetable: “They have some definite plans. Now whether they will succeed and accomplish it or not is another story. I hope they don’t, but on the other hand, that is their timeline”

[10/23/09] Lindsey Williams: We Have Just 2 Years to Get Our Act Together?

[10/20/09] Lindsey Williams Back on Alex Jones Tv: Total Economic Collapse of America in 2 Years? / “The Devil’s Messiah”

[10/19/09] Globalist Insider Tells Lindsey Williams: “Within TWO YEARS you will not recognize America. … You will be so poor you will not be able to rebel”

Lindsey Williams’ Book Now Online: “The Energy Non-Crisis”

Lindsey Williams’ Life Threatened by Tycoon for Speaking Out About the Non-Energy Crisis

Lindsey Williams: The Energy *Non*-Crisis—Alaska’s ‘Classified’ Oil Reserve Largest on Earth?

3 thoughts on “Skousen: Gas Price Manipulation—Public Needs to Demand Opening of the Gull Island Oil Field (Alaska)

  1. The Truth About Crude Oil

    First Crude Oil is NOT from Dino the Dinosaur or his brothers. Logically speaking if the earth was covered with a dense primeval forest and there was a Dinosaur living in every five square mile area on the face of the earth, and all this was compressed into a sub surface space for tens of thousands of years, and produced a pool of Crude Oil, it WOULD ONLY FEED the needs of this world for the PAST twenty years, so WHAT FUELED the Industrial Age for the first EIGHTY YEARS???????????????????????????

    Think about what is stated above! Science states that oil is the by product of the earths ENGINE as it rotates creating GRAVITY and super heating rock formations, that through this process release oil and this oil flows into cavities within the earth.

    Now with this said, what is the reason for the excessive spike in Crude and Natural Gas prices? GREED.
    In the 60’s gas sold for 35 cents a gallon, cars got 5 to 7 MPG so a 100 mile trip would take some 16 gallons at a cost of 5 dollars. Today cars get 30 miles to a gallon and that same trip would only take 3 gallons of gas at a cost of 12 dollars. Take into account the LOSS OF VALUE of the FRN and you will see that BIG OIL is KEEPING ITS bottom line HIGH as the efficiency of the engines increase.

    There was a contrived oil crisis in the 70’s and there is one today. Why? It is the GREED of BIG OIL! It takes less than 20 dollars to get oil out of the ground and refined into its product and delivered. It takes from 6 months to a year for a well from the day the drill head starts the hole until it produce oil. The Russians can do it in three mounts. Today’s wells exceed 6000 barrels a day, and one off shore platform can have over 20 SLANT WELL HEADS producing oil 24 hours a day.

    The United States of America is sitting on the worlds largest coal reserves; it also has more crude oil than the Middle East. Recent finds in Montana exceed what is found in Saudi Arabia, and Pennsylvania has over 3 trillion cubic feet of Natural Gas yet to be pumped into the system. Alaska has extensive reserves yet CONGRESS has for years REFUSED to allow the release of this oil, because of RED TAPE and that they are under the control of ENVIRONMENTALIST groups. These groups want all Americans to ride bikes and live as the settlers did in the 1800. Congress continues to LIE regarding the time it takes to drill a well and get the oil into the system. They state that it would be ten years before wells drilled today could produce oil. This is a BOLD FACE LIE. Congress has prohibited drilling for the past two decades, if what they say is true and if they allowed drilling decades ago we would NOT HAVE FOUR DOLLAR A GALLON GAS PRICES, and HOME HEATING OIL WOULD NOT BE OVER FOUR DOLLARS A GALLON, THAT WILL CAUSE A HEATING CRISIS THIS WINTER, and SOME AMERICAN MAY FREEZE TO DEATH FOR LACK OF HEAT. CONGRESS IS TO BLAME IF THIS OCCURS.

    Today’s advances in drilling insure a protected environment. The WILD CAT wells of the early 1900 are a thing of the past.

    Environmentalist claim that the exhaust of power plants create TONS of CO2, HOWEVER, CO2 is a GAS and is measured in cubic feet NOT TONS. The advance scrubbing of the exhausts prevent most hydrocarbons from being suspended in the atmosphere. Most ALL the reasons given by environmentalist are not science, but an agenda to deprive Americans of their standard of living.

    For MORE INFORMATION of the Truth About Big Oil visit

    http://www.ilm-efx.5u.com/photo4.html

    You Will Be Amazed, and make sure you click on the link GLOBAL WARMING and read what the ENVIRONMENTALIST do not want you to know about NON GLOBAL WARMING BY MAN.

  2. Pelosi and the Democrats counter that Republicans have a “drill only” mentality, and even if there was an expansion in offshore drilling, it would take years or even decades to have a real impact on prices at the pump.
    WHAT A CROCK. Pelosi has her head in the sand and won’t come up for air. Russia can sink a well and produce oil in three months, JACK 2 in the Gulf Of Mexico was producing OIL one year AFTER the drilling started. It is a 30,000 foot well that is producing 6000 barrels a day.

    So Pelosi and her bunch are so out of touch with reality, that it appears they are in the TWILIGHT ZONE cast as actors in some non descript fanciful melodrama that ONLY they believe in.

    Pelosi and Reed could not get out of a paper bag with both ends open and arrows pointing the way. Pelosi wants to save the planet, but has no direction and is ONLY placing the “Planet” in danger by her NON ACTION.

    DRILL NOW DRILL HERE GET THE USA OFF MIDDLE EAST OIL.

    WE HAVE MORE OIL IN THIS COUNTRY THAN THE REST OF THE WORLD, ONLY CONGRESS KEEPS US FROM GETTING IT.

    View the following site for The Truth On Big Oil and Global Warming

    http://www.ilm-efx.5u.com/photo4.html

    You will be amazed!

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