Dollar Inflation the Primary Cause of Rising Oil and Commodity Prices – PART 2

“It is indeed ironic that US government officials – including George W Bush himself – have been calling on OPEC to increase oil production to bring prices down to reasonable levels, when the main reason behind their unprecedented rise lies on their own doorstep.” -Jerry Haylins, Editor, OPEC Bulletin – Link
PART 1: Dollar Inflation Raises [...]

Dollar Inflation the Primary Cause of Rising Oil Prices, ‘Peak Oil’ a Myth – PART 1

“I’m under strict instructions, and have been from the beginning, to not talk about the dollar.” -White House Deputy Press Secretary Dana Perino, March 17, 2008 – Link
There is a direct relationship between Dollar value and oil prices. All crude oil purchases worldwide have been conducted exclusively in U.S. Dollars for over thirty-five years. [...]

Demanding a Costly Supply – The Bilderberg Induced Oil Speculation

Update, May 21: Please read our most recent oil price research here: Dollar Inflation Raises Oil Prices, ‘Peak Oil’ a Myth
From F. William Engdahl’s ‘Perhaps 60% of today’s oil price is pure speculation’ at Global Research:
“The price of crude oil today is not made according to any traditional relation of supply to demand. It’s controlled [...]

The ‘Peak Oil’ Myth

‘Peak Oil’ is the notion that we are running out of oil quickly because production will soon peak, and forevermore decline.  ‘Peak Oil’ is based entirely upon ‘fossil fuel’ theory – the theory that petroleum is created from centuries-old biomass (ferns and dinosaur bones), and is thus limited in supply.
‘Fossil fuel’ theory is unproven in [...]