The Great Oil Deception: How Rockefeller Engineered Scarcity to Keep You Overpaying
For over a century, we’ve been sold a lie—the idea that oil is a scarce resource, formed from the remnants of prehistoric organisms, locked away in limited underground reservoirs. This narrative, relentlessly reinforced by oil barons, governments, and corporate-funded science, serves one primary purpose: to inflate prices and control supply.
The so-called "fossil fuel" myth is one of the greatest economic deceptions in history, and at the heart of it sits John D. Rockefeller, the founder of Standard Oil. His empire didn’t just monopolize oil production; it monopolized the narrative, ensuring that people believed oil was finite, rare, and running out. But what if I told you that oil is not the scarce resource you’ve been led to believe?
Oil: The Second Most Abundant Commodity on Earth
Most people don’t realize this, but oil is one of the most abundant commodities on the planet. While the exact ranking depends on various classifications, water is the most prevalent natural commodity, followed closely by petroleum. Unlike gold, which is inherently scarce, oil is found all over the world and continues to be discovered in places once thought to be barren.
Consider this:
In the 1970s, we were warned that the world would run out of oil within decades. That never happened.
In the 1990s, the same fear-mongering returned. Yet, proven reserves increased, and production expanded.
In the 2000s, peak oil alarmists claimed we had reached the limit. Today, the world is still producing oil at record levels.
Why? Because oil is not actually scarce. The Earth continues to generate hydrocarbons deep within its crust, a theory known as abiotic oil production—a concept long suppressed in Western science but widely accepted by Russian and Ukrainian geologists. If oil were truly formed only from decayed organic matter over millions of years, we wouldn't be constantly discovering new untapped reserves.
Oil: Not a Product of Ancient Life
For decades, the fossil fuel theory has been pushed as unquestionable fact, but the science behind it is far from settled. The idea that oil is derived from ancient plants and dinosaurs compressed over millions of years is more fiction than fact—a convenient narrative designed to reinforce the illusion of scarcity. In reality, growing evidence suggests that oil is abiotic, meaning it is formed through natural chemical processes deep within the Earth's mantle, completely independent of biological material. This aligns with findings of vast oil reserves in locations with no historical evidence of significant prehistoric life. If oil were truly a finite biological byproduct, we wouldn’t be discovering new reserves in seemingly barren geological formations, nor would deep-drilling operations continue to tap into fresh supplies where no organic deposits ever existed. Yet, despite the overwhelming contradictions, the fossil fuel myth remains mainstream—because acknowledging the truth would collapse the manufactured scarcity and send prices plummeting.
How Rockefeller Manipulated the Market
Rockefeller understood that perceived scarcity equals higher profits. If the public believed oil was abundant and self-replenishing, then competition would rise, prices would drop, and his grip on the market would loosen. Instead, he used his influence to control the message:
Education: Rockefeller funded university research that promoted the fossil fuel theory, embedding it into the public consciousness.
Government Regulation: By lobbying politicians, he helped craft laws that restricted exploration and artificially limited supply.
Corporate Influence: His empire ensured that only companies under his control could tap into the best reserves.
Even after Standard Oil was broken up, the same tactics continued. Oil companies and governments routinely restrict drilling and refining capacity, not because of actual shortages, but to manipulate supply and inflate prices.
The Artificially Inflated Prices You Pay
You’ve been overpaying for oil and gas your entire life. Not because the resource is running out, but because a handful of corporations and governments want you to believe it is.
The truth is, the cost of oil isn’t dictated by natural scarcity. It’s manufactured through geopolitical games, production limits, and financial speculation. Consider this:
OPEC+ cuts production not because they must, but to control pricing power.
The U.S. and other Western nations limit domestic drilling while pushing the idea of green energy—driving prices higher.
Major oil companies sit on massive untapped reserves while telling you that we’re “running low.”
It’s not about supply and demand. It’s about control.
What Happens If People Wake Up?
If the public realizes that oil is not scarce, not running out, and not controlled by nature but by financial and political interests, then the artificial pricing system collapses. Energy prices would plummet, and control would shift away from corporate elites.
That’s why this deception is so fiercely protected. The lie must be maintained at all costs—because too many powerful people profit from it.
Final Thought
You don’t have to look far to see the manipulation at play. The price of oil isn’t just about what comes out of the ground—it’s about who controls the narrative. Rockefeller understood this. His successors still do.
The next time you fill up at the pump or hear a politician warning about "running out of oil," ask yourself: Who benefits from you believing that?
Because one thing is certain—you’ve been paying too much for too long for a commodity that is anything but scarce.
Bill White Says…
"Scarcity is the greatest illusion ever sold, and you’ve been paying for it at the pump your entire life."