Myth of Oil Scarcity

Scarcity of Oil is the Myth
Driving Global Governance

The modern world was built on petroleum fuels and the myth of oil scarcity has been the single largest contributor to keeping prices inflated in relation to the prevailing economy. The myth of scarcity was invented soon after the Geneva Congress on Organic Nomenclature, 1892, defined organic chemistry. Some believe that Rockefeller paid his scientists to argue for the label fossil fuels since petroleum was organic; i.e., hydrogen, carbon and oxygen and therefore must have come from once living things (Fossil Fuel Hoax). However true the reality is that the label fossil fuel stuck. This liquid and gaseous stuff was made by the death of dinosaurs and the associated plant life that occurred in the past and will never be repeated. However, from the beginning of the 19th century petroleum productions were being produced by man. James Young began what today would be called fracking to collect crude oil from sandstone cave roofs and distill it into petroleum products. He was unencumbered by the myth that would soon enslave the world for over a century: the myth of the scarcity of oil.
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