Alexander's Commentary
Change of face - change of phase
A Future?
Climate-Change – Change of Climate
Oil-Around 2013
Finally there: The Campbell’s Atlas of Oil & Gas Depletion
New time arising
Ein heisser Herbst? (A hot Autumn?)
Where is this going? – 3
Where is this going? -2
Where is this going?
Is it important?
A Moment of Truth at Passing
The Iran Hoax
The 2012 Adventure
Solstice Greetings
Taking on the future
A new beginning
Twist and Turn
Fly-by-wire
Shale-gas: just a gas?
Little miracles, big wonders
Unconventional gas
Media-power
To Peak or not to Peak, is that the question?
Going on ...
Time for change
Economy; What Economy?
Media Noise Windfall Profit
The Winds of Change
Signs of the future?
Reality and Hope
Best Wishes
What goes around, comes around
A throughout, integrated view
Signs of change?
P.P.P. versus Need
Working for climate-change?
Good signs
Contradicting signals
All over again? The difference between perception and reality.
The paradigm, the mind-set and reality
Two minds
Positive inclination
Different values?
The long view
Leaping to the future
Contango
New signs of hope?
A message of hope?
Some good news anywhere?
A project gone awry?
Traces of light
Driving the markets II
Driving the markets
Meeting reality
Silence for the storm?
The times are changing
Refinery-runs
The Theatre
Some Questions, no answers
Ocean carbon sinks and returns
The good news, the bad and the ugly
A President speaks the truth!
Green masks
Saving us with or from bio-fuels?
The good news
Driving the oil-price?
A new dilemma?
Kenya: a new oil-frontier?
Forecasting a trend?
Some early signs for 2008
2007; A year to remember
The good news
A bit of a shock II
Fraud alert - bogus job ads
A bit of a shock
A simple but far-reaching idea
Hype, Realism, Convergence
Energy-security?
A touch of globality
Climate change and changing the climate
Refineries, Biofuels and internal demand
Figures, figures & figures
Pipelines, Biofuels & Reserves
Expectation, projections, contradictions.
Ponder
A box of Pandora?
Changing systems
A dynamical environment
Projections and reality
Changing reality
A different reality II
A different reality
PPP: Prices, poverty and politics
A whirling 2007
The year of shifting balances
One world, two systems?
Oil and development?
The year 2065?
Mixed signals II
Mixed signals
Trust
Awakening
A War on hold?
No Comment
Changing balances
Truth or Deception?
A fresh overview
Bigger picture first
National Interests vs. Shareholders Value
Fear??
'The Dialogue'
Consumption
Do we actually need to worry?
 

Trust

2006-09-11


In my last editorial I spoke about a kind of awakening in countries around the world that makes them realise that the benefits they receive from their natural resources “need improvement” and hence new terms about “sharing” are being set in an increasing amount of places.
This is only one of the symptoms of the new times that are coming, in which we will see a greater transparency and “things being put in a different light” which is one of the bodes of change in the world the coming years.

Sometimes revolutions happen in an instant, or are set in motion by a relative small occurrence which tips the scale of judgement in the other direction. It will be different for every person or country.

How often do we trust a person, a neighbour or a government that is caught in lying, or needs to admit it has been lying, even to its close friends? And also has been misleading and misusing the trust that has been put in it?
The “old Europe” was shocked last week when it needed to admit that one of its closest allies has been cheating on it for quite some years, and has not been telling the truth, deliberately, about some matters, and in the process “trespassed” on the sovereignty in ways that would normally be unacceptable.

In the same week it became clear that already for quite some years it was known that no major weapons were present in Iraq, or ties to terrorist organisations, or a quest to get nuclear material from Africa, nor biological weapons manufacturing capabilities which all had been presented so adamantly to the whole world. Apparently we were quite deliberately “misinformed”. Why?

Then comes in mind, quite unrelated, the oil reserves that were expected in the Caspian, up to 350 billion barrels some years ago, that have never been found. Or the enormous reserves that seem to be under the Arctic, that still need to be proven, or the billions of barrels of oil that suddenly seem to be expected in the Eastern parts of the Gulf of Mexico, now that Cuba is starting to search there. Or the vast quantities of oil and gas that suddenly seem to be present in Afghanistan, of which not even the responsible minister had an idea.

We are now again in a situation that a country with vast energy-reserves is in the spotlight of allegations that are turning into truths just because they are repeated often enough and of which proofs for the allegation are not present or at best “helped” in what they are saying. We may see some parallels here and ask ourselves: why is this happening?

Many of the proven, probable and possible reserves-figures that are being used, and trusted, worldwide, are sourced to very few places and even some of the best-known global statistics base their figures on sources that are not verifiable. This may explain why there is such a difference between the expectations of the high-profile “experts” and some of the peak oil “believers”. The last ones moved away from the “official“ statistics and started to do their own calculations, which apparently leads to different conclusions on the state of affairs in relation to known and expected reserves.

We may find ourselves in a situation in which many of the things we trusted blindly, figures, statistics but also opinions or world-leaders, are eroded in their credibility or lack a proper basis because they were set up with a different “agenda” in mind. The problem is that we also may discover there are very few other sources we know or can trust and may find ourselves in a situation of “not knowing anymore” because that which we trusted till now, may not be that trustworthy.
Well, welcome to the club. This is another sign of the times of things “of old” that will change, and the best thing is to know it and to start to develop a more independent mind and more sources that can be trusted and are verifiable.

Hope this helps,

Alexander

Responses are welcome at alexander@gas-oil-power.com

 

Alexander's Commentary

Change of face - change of phase

In the period of July 20 till August 3, 2015, Alexander will be out of the office and the site will not or only irreg

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