Halliburton Employee on Oil Pricing: “I think it’s the speculators”
During the final leg of my return from Calgary yesterday, I met a cool, calm and collected man. He spoke with a carefree southern accent and his demeanor was as comfortable as any person could be. As we both admired the vastness of the Rocky Mountain system over random topics, I learned that he’s an oil man who’s employed by Halliburton. We talked about oil rigs, exploration, Colorado’s active gas fields and other related interests.
I figured this was my prime opportunity to pick his brain about oil pricing. I asked, “Who do you believe is responsible for the pricing of petroleum? Is it OPEC? Speculators? Or, someone else?”
He responded, “I think it’s the oil speculators. The fluctuation of gasoline is something I don’t understand. I think it’s wrong when gas station owners increase the price of their reserves, because they’ve already paid for it. That doesn’t seem right.”
While there are probably dozens of causes for the fluctuation of gas prices, I believe the speculators are a huge red flag. Don’t pay any mind to my opinion, I’m just reiterating what I’ve observed and had confirmed by a Halliburton employee.
So, there you have it, direct from the horse’s mouth. That’s a lot to chew on.
BREAKING: Walmart Reverses Decision To Close DRM Servers!
Walmart just issued this e-mail statement regarding the closure of their DRM servers for customers who purchased protected music via their online digital music store:
NOTE: This is a follow-up to our email titled “Important Information About Your Digital Music Purchases” from 9/26/08.
Based on feedback from our customers, we have decided to maintain our
digital rights management (DRM) servers for the present time. What this
means to you is that our existing service continues and there is no
action required on your part. Our customer service team will continue
to assist with DRM issues for protected windows media audio (WMA) files
purchased from Walmart.com.While our customer support team is available to assist you with any
issues, we continue to recommend that you back up your songs by burning
them to a recordable audio CD. By backing up your songs, you insure
access to them from any personal computer at any time in the future.We appreciate your support and patience as we work to provide the best
service possible to you. As we move forward with our 100% MP3 store,
we’ll continue to update you with key decisions regarding our service
and your account via email.Thank you for using Walmart MP3 Music Downloads.
The Walmart Digital Music Team
Essentially, the consumers won! Bark loud enough and people will listen. Good news for the millions of DRM protected music downloaded from Walmart.
America: This Landmark Case Could Shatter Your Understanding of Mortgages and Money
Individuals throughout America and around the world have been visiting here to read about the long forgotten Credit River Decision case in 1968 in Minnesota. I would like to remind everyone of it in these three simple points:
1. A man was facing foreclosure on his home
2. He fought back, arguing that there wasn’t actual money backing his loan
3. He won (and the judge overseeing the case was found dead six months later)
The Credit River Decision case is something every American MUST read considering the state of our economy. You MUST ask questions and do diligent research. The Federal Reserve is a fraudulent entity and this case proves it. Please share it with as many people as possible.
Learn more about the Credit River Decision case
First Warning Shot Fired at Mainstream Media
I have become increasingly frustrated with the mainstream media’s dissemination of altered and misleading information over the years. They are part of the problem here in America, not the solution. To that end, I’ve fired off warnings to news organizations such as Reuters, CNN and others about their improper news gathering and reporting.
I will not disclose the purpose or contents of the letters at this time. What I can tell you is that many people in the media will not be happen with my efforts, but they are critical to change in America.
Never Stop Fighting for What You Believe In
I just returned home from seeing ‘Flash of Genius’, an extraordinary movie about inventor Dr. Robert W. Kearns and his landmark patent infringement case against the Ford Motor Company. Dr. Kearns had the vision and imagination to engineer the intermittent wiper (an ‘option’ in the earlier years of the automotive industry, and after showing his invention to Ford, they stole his invention without a formal approval from Kearn.
Angry and wronged, Kearn filed suit against Ford and won. The take away from this movie for me was quite simple and is a theme I’ve written about before: Never stop fighting for what you believe in!
Unfortunately, Kearn’s determination to protect his invention and patent came at a cost: The loss of his family. Kearn’s wife packed up their kids and moved away, leaving Kearn in a depressive, yet still determined state. He was ever so determined to prove that Ford was wrong for their actions and he succeeded.
Let this be a reminder to continue the fight for what you love. Do not allow ‘dream stealers’ to destroy your passion for an idea, thought, desire, person or anything else. When we embrace the flame that burns within, we eventually realize the victory we seek. I can attest to this from my own personal experience. Stand up and fight for what you love. No one can ever deny you the ability to believe in yourself. It is the fuel from which great ideas are born.
Keep up the fight, no matter what.