Thursday, July 9, 2009

Creating artificial scarcity

This is the Enron game. It appears oil companies can play too!
What to do, what to do when the price of oil keeps dropping? Oh yes, close some refineries and create a shortage to drive prices upward and increase profits massively.

Shell might close massive Montreal refinery

Gas shortage?

Rocheleau says customers would feel the pinch if Shell closes the massive refinery, explaining that the supply of gas would be curtailed.

"There's already a shortage of ... gas right now so if they close one refinery, that just will increase the shortage."


To bad for you and me, cause we will be paying.......

6 comments:

  1. I am heating my place with oil, but I estimate that I can cut the heating costs by 2/3 by insulating windows better and managing where the heat goes better.

    I'll be buying some oil soon.

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  2. Well they do this all the time. it's market manipulation - now we will see it with food as per Henry's dream!

    :(

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  3. hey do you guys realize how many people don't get this??

    they just don't
    thought it is so obvious, people are oblivious

    ReplyDelete
  4. People are stupid, the media reinforces this.

    Just this AM was a story on the CBC website about the 'G8 tackles food security'.

    It's gone now - I guess too many were pointing out the problems with Monsanto and GMOs. The comments are still there though - but don't make alot of sense with the new story...

    Ahhh I love the smell of censorship in the morning!!

    Off to the garden now.

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  5. cbc website censors regularly

    ReplyDelete
  6. I thought it was funny when, during my election campaign, I claimed not to use any water. This got the audience listening - I explained that I only borrow it and it goes right back to where it came from.

    But soon we will have a water shortage too. We will be buying water from Maurice Strong.

    We are short of space, water, oil, diamonds & will probably be running out of air soon.

    The food shortage is real and created, but we won't see that for another few months. The press won't talk about that.

    ReplyDelete

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