WRITE for ATol ADVERTISE MEDIA KIT GET ATol BY EMAIL ABOUT ATol CONTACT US
Asia Time Online - Daily News
             
Asia Times Chinese
AT Chinese



    Central Asia
     Sep 27, 2007
Page 2 of 2
Russia is far from oil's peak
By F William Engdahl

the 2003 Iraq war that the Russian geophysicists might be on to something of profound strategic importance.

If Russia had the scientific know-how and Western geology did not, Russia possessed a strategic trump card of staggering geopolitical import. It was not surprising that Washington would go about erecting a "wall of steel" - a network of military bases and anti-missile shields around Russia to cut its pipeline and port



links to western Europe, China and the rest of Eurasia.

English geographer and geopolitician Halford Mackinder's worst nightmare - a cooperative convergence of mutual interests of the major states of Eurasia, born of necessity and need for oil to fuel economic growth - was emerging. Ironically, it was the blatant US grab for the vast oil riches of Iraq and, potentially, of Iran that catalyzed closer cooperation between traditional Eurasian foes, China and Russia, and a growing realization in western Europe that their options too were narrowing.

The peak king
Peak Oil theory is based on a 1956 paper by the late Marion King Hubbert, a Texas geologist working for Shell Oil. He argued that oil wells produced in a bell-curve manner, and once their "peak" was hit, inevitable decline followed. He predicted that US oil production would peak in 1970. A modest man, he named the production curve he invented Hubbert's Curve, and the peak as Hubbert's Peak. When US oil output began to decline in about 1970, Hubbert gained a certain fame.

The only problem was, it peaked not because of resource depletion in the US fields. It "peaked" because Shell, Mobil, Texaco and the other partners of Saudi Aramco were flooding the US market with dirt-cheap imports from the Middle East, tariff-free, at prices so low California and many Texas domestic producers could not compete and were forced to shut their wells.

Vietnam success
While the US oil multinationals were busy controlling the easily accessible large fields of Saudi Arabia, Kuwait, Iran and other areas of cheap, abundant oil during the 1960s, the Russians were busy testing their alternative theory. They began drilling in a supposedly barren region of Siberia. There they developed 11 major oilfields and one giant field based on their deep abiotic geological estimates. They drilled into crystalline basement rock and hit black gold of a scale comparable to the Alaska North Slope.

They then went to Vietnam in the 1980s and offered to finance drilling costs to show that their new geological theory worked. Russian company Petrosov drilled in Vietnam's White Tiger oilfield offshore into basalt rock some 5,000 meters down and extracted 6,000 barrels a day of oil to feed the energy-starved Vietnam economy. In the USSR, abiotic-trained Russian geologists perfected their knowledge and the Soviet Union emerged as the world's largest oil producer by the mid-1980s. Few in the West understood why, or bothered to ask.

Dr J F Kenney is one of the only Western geophysicists who has taught and worked in Russia, studying under Vladilen Krayushkin, who developed the huge Dnieper-Donets Basin. Kenney told me in a recent interview that "alone to have produced the amount of oil to date that [Saudi Arabia's] Ghawar field has produced would have required a cube of fossilized dinosaur detritus, assuming 100% conversion efficiency, measuring 19 miles [30.5 kilometers] deep, wide and high." In short, an absurdity.

Western geologists do not bother to offer hard scientific proof of fossil origins. They merely assert their belief as a holy truth. The Russians have produced volumes of scientific papers, most in Russian. The dominant Western journals have no interest in publishing such a revolutionary view. Careers, entire academic professions are at stake, after all.

Closing the door
The 2003 arrest of Russian Mikhail Khodorkovsky, of Yukos Oil, took place just before he could sell a dominant stake in Yukos to ExxonMobil after a private meeting with Cheney. Had Exxon gotten the stake, it would have had control of the world's largest resource of geologists and engineers trained in the abiotic techniques of deep drilling.

Since 2003, Russian scientific sharing of knowledge has markedly lessened. Offers in the early 1990s to share knowledge with US and other oil geophysicists were met with cold rejection, according to American geophysicists involved.

Why then the high-risk war to control Iraq? For a century, US and allied Western oil giants have controlled world oil via control of Saudi Arabia or Kuwait or Nigeria. Today, as many giant fields are declining, the companies see the state-controlled oilfields of Iraq and Iran as the largest remaining base of cheap, easy oil.

With the huge demand for oil from China and now India, it becomes a geopolitical imperative for the United States to take direct military control of those Middle East reserves as fast as possible. Cheney came to the job of vice president from Halliburton Corp, the world's largest oil-geophysical-services company. The only potential threat to that US control of oil just happens to lie inside Russia and with the now-state-controlled Russian energy giants.

According to Kenney, Russian geophysicists used the theories of brilliant German scientist Alfred Wegener fully 30 years before Western geologists "discovered" Wegener in the 1960s. In 1915, Wegener published the seminal text The Origin of Continents and Oceans, which suggested an original unified landmass or Pangaea more than 200 million years ago that separated into present continents by what he called continental drift.

Up to the 1960s, supposed US scientists such as Dr Frank Press, the White House science adviser, referred to Wegener as "lunatic". Geologists at the end of the 1960s were forced to eat their words as Wegener offered the only interpretation that allowed them to discover the vast oil resources of the North Sea.

Perhaps in some decades Western geologists will rethink their mythology of fossil origins and realize what the Russians have known since the 1950s. In the meantime, Moscow holds a massive energy trump card.

F William Engdahl, author of A Century of War: Anglo-American Oil Politics and the New World Order, Pluto Press Ltd. To contact: www.engdahl.oilgeopolitics.net.

(Copyright 2007 F William Engdahl.)

1 2 Back

 

 

 

 
 



All material on this website is copyright and may not be republished in any form without written permission.
© Copyright 1999 - 2007 Asia Times Online (Holdings), Ltd.
Head Office: Unit B, 16/F, Li Dong Building, No. 9 Li Yuen Street East, Central, Hong Kong
Thailand Bureau: 11/13 Petchkasem Road, Hua Hin, Prachuab Kirikhan, Thailand 77110