New interview with James (Jim) R. Norman! Thanks Trineday
The oil corporations "get dragged along by the state...the way we busted the Ruskies was driving down the price of oil" - his book was published in 2008 when Oil prices hit $150 a barrel up from $10 a barrel.
.... kind of like Cargill (food) is interwoven with "the state."
https://empoweredinvestor.com/cw-471-jim-norman-oil-card-economic-warfare/
Jim Norman – Economic Warfare & The Oil Card with Journalist and Editor for Forbes & Business Week
About the Author
James R. Norman is a veteran business journalist and energy reporter. He is currently a contributing writer for McGraw-Hill's Platts Oilgram News. He has also written for Forbes, BusinessWeek, and the Ann Arbor News, where he won an award for investigative reporting on an oil and gas scam. He lives in New York City.
In this book it explains why oil is not at market price. A report was given to Ronald Reagan on how to destroy the Soviet Union. Their main export was oil. So if the United States could make the price on oil low enough, the Soviet Union would collapse. But how can you make the price of oil less than it should be. In the 70s the price of oil skyrocketed. Therefore their would have been stockpiles of oil.
The U.S. would simply get rid of their stockpiles, making the price of oil, less for the time being. Once the Soviet Union went bankrupt, the price of oil, went way up. So why is it so high now. Because, China's currency is undervalued. Because it is undervalued that's how they can export more than they import. But China is affected more by the price of oil than the U.S. Its been used as a bargaining chip, that if they will make their currency what it should be, the U.S. will stop playing this oil game.
how the US and the Saudis conspired to drive oil prices so low in the mid 1980's, it crucified and nearly bankrupted the Soviet Union. And that is just the tip of the iceberg in this tomb that is filled with more facts and figures than any book deserves to be - took me a week to read this, and I couldn't put it down, but my head was spinning with statistics when I got done. The author is an editor for Platt's Oilgram, so he knows his subject intimately.
Platts Oilgram is a daily industry publication and benchmark price reporting service for the global petroleum and energy markets, launched in 1923 by Warren C. Platt.
I know that I was interviewed both by Jim Norman of *Forbes* magazine during my first revelations over Xerox and Aldrich Ames and Shugart, in the, I guess around '90 and '91. And his story was killed at *that* time. He was told to remove his records from his office and forget that he talked to me. And ironically, he interviewed me last week about this and the same thing happened to him two days ago. SHERMAN SKOLNICK: In other words, Mr. Norman had interviewed you several years ago? DEBRA VON TRAPP: Yes. I have my original documents of our communication. SHERMAN SKOLNICK: And then the story about a division of Xerox in the spy business was, his magazine killed that story a couple of years ago? DEBRA VON TRAPP: Yes. SHERMAN SKOLNICK: And you believe that his current story that he's working on, about a company called Systematics, is likewise gonna be killed? DEBRA VON TRAPP: Yes. And I was specifically informed two days ago that his interview of me, regarding the Oklahoma City bombing, which I had announced from my firm to a news service in Washington, the day before it happened...
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