The PennZone

PHILADELPHIA - PennZone -- THE ABUNDANCE OF OIL BECAME ENGINEERED SCARCITY AND SCARCITY INDENTURED THE PEOPLE

In 1949, my father sat in science class and learned the earth held roughly 500 years of oil and 1,000 years of coal. That wasn't fringe talk — it was the published science of the day. That same year, geologist M. King Hubbert published "Energy from Fossil Fuels" in science magazine, estimating world coal at 6.3 trillion metric tons. American classrooms taught abundance, openly, with a slide rule and honest mathematics. M. King Hubbert: Pioneer of Geophysics and Petroleum Studies https://www.tshaonline.org/handbook/entries/hubbert-marion-king

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Then the story flipped. Abundance became scarcity. Scarcity became fear. And fear became the most profitable product on earth. For decades, the public was told we were "running out" — while the same institutions pushing panic jacked up prices, controlled markets, and built fortunes meant to last for their great-great-great-great grandchildren. Engineered scarcity kept everyday Americans economically indentured, paying and paying for energy the 1949 textbooks said was plentiful.

The truth was buried. The fear was profitable. And the American people paid for it. It's time to remember what they never wanted us to remember.

40 year quality expert and Boeing shareholder DARYL GUBERMAN