[Kingcoal]

Hooray!!, longtime big oil bully (the US) is loosing it's grasp on world control of hydrocarbons. Utopia will now finally blossom across the world!

Wait a minute...

Of the global oil giants, Exxon Mobil has the biggest proven reserves -- 11.2 billion barrels, according to Energy Intelligence Research.

But that makes the company only No. 12 in the world. And every company ahead of it in the rankings is an oil company controlled by a national government. That includes Russia's Gazprom (OGZPY, news, msgs) and Lukoil (LUKOY, news, msgs) at No. 9 and No. 10 with 19 billion and 16 billion barrels, respectively, Venezuela's PDVSA at No. 5 with 77 billion barrels, and Iran's NOIC at No. 2 with 133 billion barrels. (Saudi Arabia's Aramco is No. 1 with 263 billion barrels of proven reserves.)

Looks like Collin Campbells recommendation to nationalize the oil companies is reality.

[americandream]

They've had the best teacher.

[deconstructionist]

nationalizing oil companies and rationing is the first step on the road to NWO takeover. in actuality it is not the oil company that will be nationalized, but the government that will be even more beholden to the will of the central banking and oil cartels...

[dissident]

Lukoil is not controlled by the Russian government. At one time the Russian state owned 7% of the shares and has been selling them off. The fact that this article makes such a patent lie exposes it as nothing more than propaganda.

The western media would like to believe that the rest of the world is composed of mud huts and irrelevant people and countries. Too bad for the western media, it is the west that is fast on its way to becoming irrelevant.

[MyOtherID]

The western media would like to believe that the rest of the world is composed of mud huts and irrelevant people and countries. Too bad for the western media, it is the west that is fast on its way to becoming irrelevant.

That's a bit strong! It's still our money and demented consumerism that's supporting their growth. When we stop buying ... ?

[Russian_Cowboy]

The western media would like to believe that the rest of the world is composed of mud huts and irrelevant people and countries. Too bad for the western media, it is the west that is fast on its way to becoming irrelevant.

That's a bit strong! It's still our money and demented consumerism that's supporting their growth. When we stop buying ... ?

I wonder how come the money that you borrowed from Japan, China, India, Russia, etc. is now yours?

[MyOtherID]

I've personally never borrowed a cent in my life.

[threadbear]

nationalizing oil companies and rationing is the first step on the road to NWO takeover. in actuality it is not the oil company that will be nationalized, but the government that will be even more beholden to the will of the central banking and oil cartels...

Huh? Renationalization of stolen national assets is the first step back from the NWO takeover. Get a grip. Read a book.

[Russian_Cowboy]

I've personally never borrowed a cent in my life.

You did not, but your government did and used these funds to reduce your taxes, subsidize gas prices, etc.

[eric_b]

What a whiney article. This foolish 'Merkin
crying about 'energy' bullies is a bit nauseating.

Instead of bleating about the situation he should
realize it's a wakeup call.