October 2008

OIL DECEPTION III

Dear Friend of Radio Liberty,

"Next month I will tell you how I knew the price of oil was going to fall, I will reveal the location of the massive oil deposits in North America, I will tell you why the BOD raised the price of oil during the early months of 2008, and I will tell you what Mr. X told Lindsey Williams in May of this year." Radio Liberty letter, September 2008 [1]

"The Arctic may hold 90 billion barrels of oil, more than all the known reserves of Nigeria, Kazakhstan and Mexico combined, and enough to supply U.S. demand for 12 years, the U.S. Geological Survey said. One-third of the undiscovered oil is in Alaskan territory, the agency found in a study released today." Joe Carroll, Bloomberg, July 23, 2008 [2]

"BPPT and its German counterpart . . . recently said they found a massive store of under water hydrocarbon, which may contain oil and gas, around Simeulue Island in Aceh. The agencies said the reserve might reach a minimum of 107 billion barrels and a maximum of 320 billion barrels of oil or gas. By comparison, the proven reserve of Saudi Arabia is around 264 billion barrels, the largest in the world, while the Banyu Urip block in Cepu, Central Java, contains around 450 million barrels." Jakarta Post, February 12, 2008 [3]

"It is believed that the shale deposits in the Green River region of Colorado, Utah and Wyoming are holding the equivalent of approximately 1.5 trillion to 1.8 trillion barrels of oil. Called oil shale, or shale oil . . . much of it cannot be recovered with current technology. . . . Still, if only half can be extracted, scientists believe the amount is nearly triple the oil reserves of Saudi Arabia." Christopher Petherick, May 8, 2006 [4]

"President George W. Bush set a goal in his State of the Union speech earlier this year of reducing U.S. imports of Middle East oil by 75 percent by 2025, and to some industry analysts western oil shale deposits could help achieve this goal. . . . Analysts estimate there are the equivalent of some 1.2 trillion barrels of oil waiting to be plucked from the western states' rich oil shale deposits. . . . At current demand levels, analysts say that is enough oil to satisfy the hunger of the world's largest oil consuming nation for the next 100 years." Isabelle Tourne, Terra Daily, October 6, 2006 [5]

"America will see a financial collapse so great that it will take years to come out of it." Mr. X, Conversation with Lindsey Williams [6]

We are living in amazing, baffling, confusing, dangerous, exciting, and frightening times.

I concluded my September 2008 Radio Liberty letter with the following statement:

"Next month I will tell you how I knew the price of oil was going to fall, I will reveal the location of the massive oil deposits in North America, I will tell you why the BOD raised the price of oil during the early months of 2008, and I will tell you what Mr. X told Lindsey Williams in May of this year." (BOD = Brotherhood of Darkness) [7]

The letter dealt with Lindsey Williams' alliance with a high-ranking, oil-company executive (Mr. X) who helped Lindsey rewrite his book, The Energy Non-Crisis. Several years ago I contacted a British Petroleum (BP) executive, a man I call Mr. Y, who corroborated Lindsey Williams' information about the massive oil fields that surround Gull Island.

According to Lindsey Williams, the Oil Cartel rehired Mr. X in 1983 or 1984, because they feared he would reveal their other secrets, and Lindsey didn't have any contact with Mr. X until the last week of May of this year (2008). At that time Lindsey received a threatening telephone call from Mr. X who warned Lindsey that terrible things would happen to him and his family if he didn't close his Web site, and stop talking about the massive oil fields that surround Gull Island. I wasn't aware of the conversation until one of my listeners contacted me in the early part of July, and asked me why Lindsey Williams had closed his Web site, and the only copy of Lindsey's book, The Energy Non-Crisis, available at that time on Amazon cost $1,995.95. [8]

I checked the information, discovered it was accurate, and called Lindsey to determine what had happened. Lindsey told me about the threatening telephone call, and discussed the other things that Mr. X told him. Lindsey hadn't been a guest on a radio program since the telephone call because he feared for his family's safety, but Lindsey was also concerned about the other things that Mr. X told him.

During the course of our conversation, Lindsey asked me what he should do. I told him he must stop talking about Gull Island, and suggested he contact Mr. X, and ask him if he (Lindsey) could reveal what Mr. X told him. Lindsey called several days later, and told me that Mr. X said the events were going to take place, so Lindsey could tell the public what lies ahead as long as he didn't reveal the source of his information.

What did Mr. X tell Lindsey Williams during the last week of May 2008? Mr. X said:

1. The price of oil will increase for several weeks, then fall to $50.00 a barrel.
2. The media will announce the discovery of a massive oil field off the north slope of Russia, and another massive oil field in Indonesia.
3. The decline in the price of oil will devastate the economy of Saudi Arabia and the other oil-producing Arab nations.
4. Dubai will become "a ghost town."
5. The oil companies want to replace the current government of Iran.
6. America will see a financial collapse so great that it will take years to come out of it.
7. A significant event will lead to the election of John McCain.

I have been researching history for 46 years, and on several occasions I have discovered the true cause of major world events, but I have never obtained valid information about the future, so initially I was very skeptical of Lindsey's information - until the price of oil began to fall, and the BOD-controlled media announced the discovery of a massive oil field north of the Arctic circle. On July 23, 2008, Bloomberg.com announced:

"The Arctic may hold 90 billion barrels of oil, more than all the known reserves of Nigeria, Kazakhstan and Mexico combined, and enough to supply U.S. demand for 12 years, the U.S. Geological Survey said.

One-third of the undiscovered oil is in Alaskan territory, the agency found in a study released today. . . .

Energy producers such as Royal Dutch Shell Plc and Chevron Corp. have accelerated exploration of the northernmost regions for untapped reserves amid record prices and receding access to deposits in more hospitable climates. Russia's move to scrap a United Nations convention and carve out an exclusive Arctic zone sparked protests from Canada, the U.S., Norway and Denmark.

'Most of the Arctic, especially offshore, is essentially unexplored with respect to petroleum,' Donald Gautier, the project chief for the assessment, said in the report. 'The extensive Arctic continental shelves may constitute the geographically largest unexplored prospective area for petroleum remaining on Earth.'" [9]

When I called Lindsey to tell him about the Arctic discovery, he was aware of the report, and told me that one of his friends had sent him information about a massive oil field in Indonesia. Initially, when I tried to verify Lindsey's story through AOL and Google, I couldn't find a single reference to the Indonesian discovery, but when I accessed the Jakarta Post's Web site, I found several articles that validated Lindsey's information. One of the articles stated:

"State oil and gas firm Pertamina will follow up on the recent preliminary finding by a state research agency of a large hydrocarbon reserve off the western shore of Nangroe Aceh Darussalam, an official says. . . .

BPPT and its German counterpart . . . recently said they found a massive store of under- water hydrocarbon, which may contain oil and gas, around Simeulue island in Aceh.

The agencies said the reserve might reach a minimum of 107 billion barrels and a maximum of 320 billion barrels of oil or gas.

By comparison, the proven reserve of Saudi Arabia is around 264 billion barrels, the largest in the world, while the Banyu Urip block in Cepu, Central Java, contains around 450 million barrels.

The BPPT said the discovery was fortuitous, as the primary aim of the research was to map the geological construction of the surrounding sea in Aceh after the 2004 Indian Ocean tsunami." [10]

How has the BOD concealed the information? It's very simple. We have "freedom of the press" in the United States which means the people who own the American media can delete information they want to suppress.

How much oil is available in the world today? Wikipedia claims there are 1 to 1.1 trillion barrels of recoverable oil, but there is much more. The world is awash with oil, but the BOD doesn't want the public to know that massive quantities of oil are readily accessible.

I have listed some of the sources:

A report to the U.S. Department of Energy by Advanced Resources International (ARI) in February 2006 states:

"Domestic oil resources are far from being depleted. Only a portion of the domestic oil resource pyramid, the portion that is easiest to recover, has been developed so far. Large additional volumes, in excess of 1,000 billion barrels of undiscovered, "stranded" and unconventional oil remain in the ground, awaiting new extraction concepts and development initiatives." [21]

Conversion of coal to oil.
The world has sufficient coal resources to produce the oil needed to fuel the world for 155 years. The supply is primarily in the U.S. and China. [22]

The oil cartel doesn't want the public to know that Peak Oil is a scam. I believe that is why Mr. X threatened Lindsey Williams and his family.

The progressive decline in the price of oil, the discovery of several new oil fields, and the current economic collapse that Mr. X described has convinced me that Lindsey Williams' story is true. Is the other information that Mr. X provided correct?

The Saudi Arabian economy, and the economy of almost all of the other OPEC nations, is on the verge of collapse. Rami Khouri's recent article posted on www.globeandmail.com (October 7, 2008) states:

"As the scale of the global financial crisis becomes clearer, the extent to which entire societies will suffer will depend partly on the quality of their governance systems. Those countries with governments that enjoy the respect and confidence of their citizens are likely to weather the stresses more easily than countries where politicians are viewed with disdain.

The Middle East, the Arab countries in particular, will be hit hard by the crisis. Since the oil boom of the early 1970s, most Arab countries have not risen to the challenge of responsible governance by developing economies based on productive industries and other economic sectors.

The energy producers have enjoyed using their vast income to develop their countries in an impressive manner, but without shifting dependence away from oil and gas exports or imported labour. . . .

Well, that bandwagon is heading for a crash, and we in the Arab world find ourselves particularly vulnerable, given our lack of economic and financial sovereignty. This is not a problem we can blame on anyone else. It is an economic management problem at one level - but deep down, it is a failure of political governance." [23]

What has happened to Dubai? Chip Cummins' recent (October 10, 2008)Wall Street Journal article states:

"The global credit crisis is forcing a new look at this Mideast boomtown's mounting international debt load and its ability to fund its ambitious growth strategy.

Dubai, one of seven emirates that make up the United Arab Emirates, has been spending heavily on roads, a subway system and other infrastructure projects to keep up with the city-state's explosive growth. . . .

Dubai doesn't have big reserves of hydrocarbons. Instead, it has been bankrolling much of its building boom through international debt markets. With those all but shut down these days, analysts are warning of a slowdown if global markets don't free up soon.

'Given the magnitude of the projects that Dubai is taking on, it will certainly need to borrow internationally,' said Philipp Lotter, a Dubai-based analyst at Moody's Investors Services. 'If that access is impaired . . . certain investments have to be put on hold.'" [24]

A more recent (October 13, 2008) Wall Street Journal article by Reem Shamseddine et al states:

"Debt-market investors . . . appear especially worried about Dubai's ability . . . to pay off its massive foreign debt. Dubai is one of seven emirates that make up the U.A.E. The city-state has borrowed heavily to finance its explosive growth.

Prices for Dubai credit-default swaps, essentially insurance against a default, have risen sharply in recent weeks. Dubai finance officials have declined to comment on its debt management.

Analysts have also become less enthusiastic about Dubai's red-hot property market, a magnet for region-wide investment. Prices aren't falling yet, but some analysts are expecting them to decline by next year." [25]

What was Mr. X 's fifth point? He stated:

"The oil companies want to replace the current government of Iran."

The U.S. and Israel are trying to destabilize the current regime. If they fail, I fear the U.S. and Israel will precipitate a conflict that could lead to a nuclear war with the Moslem world.

I called Lindsey, and asked him to clarify Mr. X's sixth point. Lindsey referred to his notes, and told me Mr. X said:

"America will see a financial collapse so great that it will take years to come out of it."

The financial collapse that Mr. X described is underway; I fear it will last many years.

What was Mr. X's last point? Mr. X told Lindsey:

"A 'significant event' will lead to the election of John McCain."

Mr. X was mistaken. Barack Obama won the presidency because most Americans are concerned about our faltering economy, and tired of the Republican's futile war in the Middle East.
Why did the BOD raise the oil price during the latter part of 2007 and the first half of 2008? I believe the men who rule the world want to cripple the American economy, and elect Barack Obama. How did they precipitate the current economic crisis? I will discuss that issue next month.
Why did the BOD permit a rapid decline in the price of oil? I believe the oil cartel (which is part of the BOD) doesn't want competition. If the oil price remained over $100 a barrel, other producers would develop the massive oil-sand and oil-shale deposits in North America, and undermine the BOD's control of the oil industry.

I believe we are entering the most dangerous period in our nation's history. There are only two possible outcomes. With God's help we will either succeed in our effort to educate the American people, or we will lose our freedom and our lives.

The Radio Liberty audience is increasing, and telling their family and friends about the BOD's effort to destroy the American economy and impoverish the American people.

We are beginning to get a good response from our new program in Spokane, and our week-end program is currently heard on 33 stations.

Can we change the course of history? Only God knows the answer to that question. Our job is to do our best, rely on Him, and remember:

"Like a mighty army, Moves the Church of God;
Brothers, we are treading Where the saints have trod;
We are not divided, All one body we,
One in hope and doctrine, One in charity.

Onward, then, ye people, Join our happy throng,
Blend with ours your voices, In the triumph song;
Glory, laud, and honor, Unto Christ the King;
This thro' countless ages, Men and angels sing.

Onward, Christian soldiers, Marching as to war,
With the cross of Jesus, Going on before." [26]

Barbara and I appreciate you faithful support, and your prayers

Yours in Christ,

Stanley Monteith


*** CDs of our annual 2008 conference are already available. The cost is $10.00/CD or a 5-CD set for $35.95 + shipping (and tax in California). The speakers were: Patrick Wood on the Trilateral Commission; Johanna Michaelsen on Spiritual Deception; Dr. Russell Blaylock on Vaccines; Michael Shaw on Sustainable Development; and Dr. Stan Monteith on The Oil Deception. They had some exceptional information***


REFERENCES

1. Stanley Monteith, Radio Liberty letter, September 2008, p. 7.
2. www.bloomberg.com/apps/news?pid=20601082&sid=aqEDMhrCvp28
3. www.skyscrapercity.com/showthread.php?p=18780732
4. www.americanfreepress.net/html/u_s_has_massive_oil.html
5. www.terradaily.com/reports/Can_Colorado_Oil_Shale_Ease_America_Energy _Woe...
6. Personal communication with Lindsey Williams.
7. Stanley Monteith, op. cit.
8. A used copy of "The Energy Non-Crisis" can be purchased on Amazon for $99.44
9. www.bloomberg.com/apps/news?pid=20601082&sid=aqEDMhnCvp28
10. www.skyscrapercity.com... op. cit.
11. http://en.wikipedia.org/wiki/Arctic_Refuge_drilling_controversy
12. www.bloomberg.com... op. cit.
13. http://en.wikipedia.org/wiki/Athabasca_Oil_Sands
14. http://en.wikipedia.org/wiki/Bakken_Formation
15. Alan Clendenning, "Brazil Oil Field Could Be Huge Find," SFGate.com, April 14, 2008.
16. www.americanfreepress.net/html/u_s_has__massive_oil.html
17. www.skyscrapercity.com... op. cit.
18. www.cnsnews.com/ViewNation.asp?Page=/Nation/archive/200806/NAT20080606c...
19. http://en.wikipedia.org/wiki/Prudhoe_Bay_oil_field
20. www.sweetliberty.org/issues/environment/energy/17.html
21. Undeveloped Domestic Oil Resources, Prepared for the U.S. Department of Energy, Office of Fossil Energy, February 2006. p. 25. Copy available from Radio Liberty.
22. www.post-gazette.com/pg/06229/714268-28.stm
23. www.theglobeandmail.com/servlet/story/RTGAM.20081007.wcokhouri08/BNStor...
24. Chip Cummins, "Dubai's Heavy Debt Load Stirs Concern," The Wall Street Journal, October 10, 2008, p. A12.
25. Reem Shamseddine, "Gulf Countries Unveil Measures to Back Banks," The Wall Street Journal, October 13, 2008, p.A5.
26. Charles Johnson, "One Hundred & One Famous Hymns," Hallberg Publishing Corp. 1982, p. 81.


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