Oil and Gas Armageddon

509

Operation Disclosure | By David Lifschultz, Contributing Writer

Submitted on October 29, 2021

OIL AND GAS ARMAGEDDON

THE HANDWRITING IS ON THE WALL

Compliments of the Lifschultz Organization founded in 1899

We are heading for a massive energy crisis based on lack of drilling and oil prices are going to soar wrecking the world economy. Genoil is the solution to this problem. Next is an article we wrote on the natural gas and oil crisis explaining this in detail. 

The Natural Gas and Oil Crisis

70% of the oil in the ground is heavy and this is where we come in. Genoil can convert it to light oil.  Our early development was blocked by EXXON and the oil cartel of majors admitted by board member of EXXON Lucio Noto former CEO of Mobil to our family friend Gianluigi Longinotti Buitoni formerly head of Ferrari USA so now we concentrate our marketing efforts in Russia, China, and the Middle East Oil producers as our recent press releases indicate. We keep away from the US monopolists who control the US Government as we will prove below.

Gianluigi Longinotti-Buitoni
President & CEO (North America)
Ferrari
1992 – 2001 years

The reason it was blocked was because Genoil could convert heavy oil to light oil so cheaply that it would drive down the light oil reserve’s value on the EXXON balance sheet which was a key barometer of the net worth of EXXON according to Lucio. EXXON could not accept this.  This type of anti-trust violation is common as the Department Justice does not enforce the law except when it suits them and EXXON then Standard Oil of New Jersey with the other broken up entities such as Chevron, Standard Oil of California, etc. blocked Fred Koch of Koch Industries from applying his technology as it would force Standard Oil to violate the rule of John D. Rockefeller that you do not introduce a new technology until the last one was fully amortized. And there is no real supervision of the Justice Department by the House or Senate.

I had experience with the Justice Department some years back when I wanted them to join me in my 1.8 billion dollar anti-trust case against three major truckers which included the Teamster Union and Organized Crime. Warren Grimes, then Peter Rodino’s Chief of Anti-Trust Section, asked for Justice Department intervention but was refused. Many years later the lady that ran that section at the DOJ told Warren at a cocktail party in California that she did not go to the Justice Department to fight the Mafia but only white collar crime.  She was not going to die over an antitrust matter. Jerry Nadler and Chuck Schumer had personally referred me to Warren Grimes. The case was fixed in the court system and the Supreme Court.

Fortune Magazine – DKL & Donald J. Trump – David Lifschultz

Fred Koch was being sued and sued with his customers who could not bear the costs of the lawsuits, and was near bankruptcy. So this founder of the John Birch Society went to Joseph Stalin who saved his company by using his refining technology because it was the best. Stalin was a former member of the Tsarist secret police called the Okhrana who spied on the Bolsheviks and later rightly liquidated them all in the Moscow Treason Trials so he had a lot in common with Fred Koch. These Trotskyites had liquidated the Tsar’s children and murdered millions like that. Trotsky had written before the Russian Revolution that the Bolsheviks would not make the mistake of Robespierre who did not kill the children.  Stalin was not a communist. Stalin collaborated with Henry Ford who taught Russia advanced industrial techniques so that when Germany invaded Russia they faced 20,000 Russian tanks against 3,600 for Germany. Germany had no conception of the power of Russia as admitted in the next link.

Hitler and Mannerheim Secret Recordings

The US has no conception of Russian power today as we are 20 years behind their advanced missiles both defensive and offensive.

Germany had thought when Russia had trouble with little Finland’s extraordinarily constructed defenses in early 1939 that Russia would collapse in a few months and later learned at Kursk what carefully laid defensive plans can mean.

“It should not have been thought that Stalin was a socialist, and we quote from the socialist favorite of Tito, Karlo Steiner, who served 7,000 days in the Siberian Gulag for being a communist as follows:

“I have tried to show (in my book “Seven Thousand Days In Siberia”), therefore, that developments in the Soviet Union had nothing to do with socialism: that, on the contrary, it was a counter-revolution (Tsarist, see Stalin’s movie in 1944 on Ivan The Terrible who fought off similar Boyar conspiracies as Stalin faced from Trotsky and his followers) ) led by Stalin in 1936, an attack primarily directed against socialism itself, that brought them about. This is proven by the extermination of the old party leadership between 1936-1939. It is proven by the pact between Stalin and Hitler against socialism and democracy in 1939. It is proven by the betrayal and abandonment of German communists to the Gestapo. After the war, Stalin provided another proof: the newly founded People’s Democracies were subjected and exploited in a manner recalling the most implacable imperialism.”

See footnote one on the great Fred Koch.

Genoil had ambitious plans for its oil upgrading technology. I had a meeting with Samuel Bodman then Secretary of Energy on a plan to create 22 million barrels of upgrading capacity at a cost of about 200 billion dollars as an insurance policy for the Straits of Hormuz for if those Straits are closed it would take down the entire world economy as the 1.5 quadrillion derivative market imploded.  This would have been a reserve capacity not to be used except in an emergency such as the shutting of the Straits of Hormuz. See footnote two which explains this in detail. Sam told me that he thought it was one of the greatest ideas that he had ever heard in energy and worked on it but later told me he was shot down by the power of EXXON. Now it is the only solution to save the world from the coming oil shortage as there has been a collapse in drilling based on the climate change movement. 70% of the oil in the ground is heavy. The so-called transition is going to be a catastrophe as the shortage of oil will cause such a price rise that it could cause a world economic collapse as discussed in footnote two using the closing of the Straits of Hormuz as an example.

Footnote one:

Actually, Genoil was attacked by a boycott by EXXON, Chevron, Royal Dutch Shell, Total, etc. and others as we were a threat to their profits as we could flood the market with light oil converted from heavy. The same happened to Fred Koch of Koch Industries. See below. EXXON and Shell and the others did not want to use us as they would be participating in their own fall in profits from greater supply and wreck their balance sheets as they would have to write down light oil reserves.

See, Fred was living through the Roaring Twenties, a time of big business, heavy speculation and zero government regulation. Much like today, cartels were free to form and free to fix—and so they did. Sensing a threat to their royalty-revenue stream from Winkler-Koch’s superior refining technology, the reigning oil cartel moved in to teach the young Koch how the laissez-faire business model worked in the real world.

“[W]hen he tried to market his invention, the major oil companies sued him for patent infringement. Koch eventually won the lawsuits (after 15 years in court), but the controversy made it tough to attract many US customers,” according to Hoover’s Company Records service. Just like that, Winkler-Koch Engineering found itself squeezed out of the American market. They had a superior product at a cheaper price, but no one to sell it to.

Luckily, there was one market where opportunity beckoned—and innovation was rewarded: the Soviet Union.

Stalin’s first Five Year Plan was just kicking into action a nation-wide industrialization effort, and the Soviet planners needed smart, industrious college grads like Fred Koch. The Soviet Union was desperately trying to increase its oil refining capacity, so oil engineers were especially in high demand—and well paid, too.

“We are the world’s greatest market, and we are prepared to order a large amount of goods and pay for them,” Joseph Stalin told an American journalist in 1932. Stalin wasn’t kidding. From 1926 to 1929, the Soviet oil industry bought $20 million worth of equipment from America. And Koch was about to get in on the action.

In 1929, after hosting a delegation of Soviet planners in Wichita, Kansas, Winkler and Koch signed a $5 million contract to build 15 refineries in the Soviet Union. According to Oil of Russia, a Russian oil industry trade magazine, the deal made Winkler–Koch into Comrade Stalin’s Number One refinery builder. It provided equipment and oversaw construction:

The first Winkler–Koch plants were set up in Tuapse in 1930. The cracking unit operated commendably, and would in the future be the type preferred by the heads of the Soviet Union’s petroleum industry when purchasing new cracking equipment.

In 1931, two Winkler–Koch cracking units were launched in Baku, another two in Batumi, and six at once in Grozny; the last had a combined refining capacity of 900,000 tons per year. In 1932, a Winkler–Koch unit commenced operations in Yaroslavl.

At the time, the Soviet Union’s oil industry was a total mess. Equipment built by Western engineering firms was always breaking down or didn’t work at all. Western engineers were constantly being accused of espionage or sabotage, real or imagined, and booted out of the country. Soviet workers suspected of colluding with the foreigners were simply taken out back and shot. Winkler-Koch made sure they were running a tight, effective operation. Unlike their Western competitors, Koch pleased his Soviet clients by ensuring top quality and helping the cause of socialism.

Koch lived up to the slogan: “Work hard enough for Comrade Stalin to thank you!”

The Soviet oil planners were delighted with Koch’s refineries, which “operated commendably, and would in the future be the type preferred by the heads of the Soviet Union’s petroleum industry when purchasing new cracking equipment.” The Communists were so impressed they kept giving Winkler-Koch business and regularly sent Soviet engineers to train in Wichita. It was a sign of growing mutual trust.

By the time he got out in 1933, Koch earned $500,000, which was a ton of money for a kid fresh out of college. This nut of money served as the foundation for the family’s future wealth, which Koch no doubt started acquiring at rock-bottom prices. After all, 1933 was one of the two worst years of the Great Depression—all assets were priced to go at 90% off. In the end, the capitalist-hating socialists ended up treating Koch fairly, way better than the monopolistic thrashing he got from his native land.

David Lifschultz
THE LIFSCHULTZ ORGANIZATION
DAVID@LIFSCHULTZORGANIZATION.COM

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