http://www.zmag.org/weblinks/kerr_endofoil.htm
<excerpts>
"Get out of the way. American capitalism has declared war on the laws
of physics.
Somebody please tell the president of the United States that whatever
political and economic system we create, human beings cannot change
the 1st law of thermodynamics. We can't create energy from thin air.
Big business may be able to swindle the American electorate, but it
can't repeal the law of diminishing returns.
Capitalism has developed, and our population has grown from one to six
billion by drawing down a massive natural gift of energy in the form
of cheap crude oil."
......
"Presidential Directive 13303 holds American oil companies in Iraq
immune from prosecution for their actions in Iraq, and in effect
seizes Iraqi oil revenue for dispensation as the White House sees fit.
Halliburton and other US oil concerns are now the beneficiaries of un-
tendered Iraq contracts, and their profits are already soaring - and
indemnified from lawsuits .This is about as free from investment
restrictions as it gets."
</excerpts>
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