Confirming the Peak-Oil Hypothesis

Indicators to date continue to confirm the peak-oil hypothesis is a fraud.

An over-consolidaton of capital and markets has driven the speculative demand to a peak level. The result is a non-fundamental peak price that deflates the economy and weakens the dollar.

Now that the deflationary trend is well under way with the inflation baked in, the dollar strengthens because oil has been in adequate supply with a reduction, if not destruction, of demand.

The exploration and recovery industry is showing signs of having been way overvalued with the global economy being adequately supplied with energy inputs, especially with demand reduction. As the price of oil becomes oversold, demand and investment for E&R will increase, not because the supply of oil is peaked out, but because the market has been organized to limit the supply with sub-optimal E&R investment (the money that is the over-consolidated capital that commands the peak speculative-demand price).

The result will be a recovering demand at the lower price, a stronger dollar and a distribution on the over-accumulation of wealth that comes with a political realignment. E&R investment has, however, been inadequate to meet this demand. This will be argued as confirmation of the peak-oil hypothesis and, again, will be an organized fraud in the marketplace.

The consolidation of industries and markets that allows for the over-consolidation of capital and command pricing is antithetical to a free-market mechanism, is patently illegal, and the orgainized fraud in the marketplace that results is a crime.

The capital needs to be deconsolidated and the criminals that operate to illegally tyranize the marketplace, to deny freedom, prosecuted.

Contrary to what conservatives are saying, this course of action will not be a socialist-communist measure that destroys the productive capacity of capital and markets.

If destruction of productive capacity is what we are afraid of, we must be in absolute, confirmable fear of what we have now and the prospect of perpetuating it with the McCain agenda and platform.

If you want positive, pragmatic change that maximizes the opportunity, the freedom, to create wealth for a peaceful and prosperous world to live in...

Obama 2008!