The Oil Empire & The Suppression of Alternative Energy Sources
We are extremely dependent on oil, which translates into phenomenal
profits for energy corporations. The oil industry has enough money and
influence to suppress anything that might threaten their monopoly. They
commit huge resources to undermine energy alternatives, control global
reserves, and maintain high oil prices. This timeline shows the rise of
the Rockefeller oil empire and the suppression of alternatives by major
energy corporations.
1870: John D. Rockefeller Founds Standard Oil
Rockefeller
founds Standard Oil of Ohio with $1 million in capital, the largest
corporation in the country. The new company controls 10% of U.S.
petroleum refining.
Source: http://www.pbs.org/wgbh/amex/rockefellers/timeline/index.html
September 1873: Stock Exchange Crashes and Standard Oil Takes Advantage of Economic Downturn
On
September 18, the stock market crashed, followed by a six year
depression. During this time, Standard Oil absorbs refineries in
Pittsburgh, Philadelphia, New York, and Pennsylvania's Oil Region.
1877: Rockefeller controls almost 90% of the oil refined in the United States
1882: Standard Oil Trust is Formed
1890: Congress Passes Sherman Antitrust Act
This is the first Federal statute to limit cartels and monopolies.
1892: JP Morgan Arranges Merger of Edison General Electric and Thomson-Houston Electric Company to Form General Electric (GE)
1896: Henry Ford Assembles First Automobile, Demand for Oil Increases
1901: J.P. Morgan Founds U.S. Steel, the First Billion-Dollar Corporation
U.S. Steel is still one of the worlds largest steel producers.
1902: Nikola Tesla Begins Exploring How to Transmit Electricity Without Power Lines; JP Morgan Refuses Further Funding
Nikola
Tesla’s Wardenclyffe Tower, initially financed by J.P. Morgan, was
designed to transmit electricity without wires. By 1904, J.P. Morgan -
who had a monopoly on copper which was used to transmit electricity –
refused to provide any more funding.
1908: The U.S. Government Targets Standard Oil in Antitrust Suit
1911: The U.S. Supreme Court Orders Standard Oil to Dissolve. Shootoffs Include ExxonMobil, Chevron, BP, and ConocoPhillips.
Standard Oil is split up into 34 different companies. The Rockefellers still hold stock in these oil companies.
1913: Rockefeller Foundation is Founded. John D. Rockefeller gives the Foundation $100 million in First Year.
1919: American Petroleum Institute (API) is Established
API
represents the oil and natural gas industry. Today API Represents More
than 400 corporate members including Chevron, ConocoPhillips,
ExxonMobil, GE, Halliburton, and Shell.
1940: Rockefeller Family Owns Nearly $400 Million in Stock of the 200 Largest Non-Financial Corporations
Source: “13 Families” Published by Time Magazine, Oct. 28, 1940
1969: API Moves its Headquarters to Washington DC
By 2011 it represents more than 400 corporate members. In 2010, it spent more than $7 million on lobbying.
Source: http://www.opensecrets.org/lobby/clientsum.php?id=D000031493&year=2010
1982: Inventors Adam Trombly and Joseph Kahn receive an international patent for a zero-point energy device
They called it the “Closed Path Homopolar Machine.”
1983: Trombly was issued a gag order by the U.S. government to stop development of the “Closed Path Homopolar Machine”
Mid 1980’s: Trombly developed another zero-point energy device with David Farnsworth
This device was called the “Piezo Ringing Resonance Generator.”
January, 1989: Former Oil Businessman, George H. W. Bush, Becomes President
Before
becoming President of the United States, Bush made a fortune in the oil
industry. He founded Zapata Oil Corporation and ran the offshore
drilling company for years.
June 1989: Trombly’s Free Energy Demonstrations in New York and Washington D.C. Suppressed
Inventor
Adam Trombly was scheduled to demonstrate a small version of his Piezo
Ringing Resonance Generator at the UN in New York. At the last minute
Trombly was forced to do his demonstration at a church down the street.
Afterwards Trombly gave a speech in Dag Hammarskjöld Auditorium at the
United Nations in front of an international audience. A few days later,
Trombly was scheduled to demonstrate the same device at the US Senate
Banking and Finance Committee in Washington. Only Senator Carl Levin and
a “handful” of staff were in attendance because the Senior Bush
Administration called hundreds of Senators, Congressional
Representatives and their staff members for an “off-the-cuff” discussion
of the Clean Air Act at the exact same time as Trombly’s
demonstration. The oil administration successfully diverted attention
away from the technology in an effort to censor Trombly. Subsequently
his lab was raided by the FBI, millions of dollars of equipment was
taken and he was threatened and required “for reasons of national
security” to cease his research.
1989: MIT & Harvard Grad,
Eugene Mallove, Authors the Book, Fire From Ice, Which Details the
Success of a Cold-Fusion Device with “Greater than Unity” Output
1994: Infinite Energy Magazine – “The Magazine of New Energy Science and Technology” – is Founded by Eugene Mallove
The magazine covers both the theoretical and technological developments in the “new energy” field.
2004: Eugene Mallove is Mysteriously Murdered Outside Childhood Home
1998-2011: Oil & Gas Industry Spends $1,114,552,107 on Lobbying
Source: Open Secrets: http://www.opensecrets.org/lobby/top.php?indexType=i
2006 – A brief summary of the “History of ‘New Energy” Invention Suppression Cases
Source: http://www.rense.com/general72/oinvent.htm
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