According to ordained Baptist minister Lindsey Williams it is. He was the Chaplain on the Trans Atlantic Pipeline in Alaska for a very long time, and spent time with the most powerful oil barons in the world. He wrote book called The Energy Non Crisis.
His claim?
” As a former Insider I know Alaska has plenty of oil, enough to supply the United States for 200 years.”
Here are a few excerpts from his speech:
Over a billion cubic feet of natural gas are pumped back into the ground in the Alaskan oil fields every day.
“What we pay at the gas pump is a form of taxation that goes to those who control the world.”
In the 1960’s, Henry Kissinger visited all the oil producing countries in the Middle East, and offered to make them rich by buying their oil, with these two stipulations:
1. All sales of oil must be in US dollars
2. Part of the money spent on oil must be used to buy the US national debt.
All but two countries signed on to this. One of the two that did not was Iraq.
Oil is the standard currency of the world. Whatever denomination oil is sold will be the standard currency of the world.
By a certain date, Iran has promised to flood the world with cheap oil, sold in Euros. This will collapse the value of the US dollar.
The World Bank and the IMF set the price of oil, and reap an even larger profit off oil sales than the oil companies do. He claims the IMF and World Bank also control the flow of oil from production to the refineries.
It costs $5 per barrel to get oil form Saudi Arabia, and it would cost $3 per barrel to pull oil out of the Alaskan oil fields.
He claims that within a year, the price of gas could be under $1.50 per gallon in the US. And he says that will never happen, because “the oil producing companies of the world that signed… would not be obligated to take a potion of their proceeds and buy the national debt. Our economy would collapse.”
Rev. Williams’ website says “…I feel I must discontinue my … schedule and remove the expenses associated with the books, speaking engagements and DVD’s.
Here’s a video of him speaking in late 2007. Truth or Wingnuttery? You be the judge.