Interview with renowned energy analyst about the economic devastation that awaits us if President Trump does not soon make a deal with Iran to restore peaceful navigation through the Strait of Hormuz.
Martenson also believed in the so called “peak oil” B.S. Martenson also was a fear monger when COVID first came out. Martenson is a click bait dude trying to make a living on social media.
Oil is a finite resource and has had multiple relevant peaks, with the US 1971 peak being predicted accurately by petroleum geologist M. King Hubbert around 1956.
Peak conventional oil did happen in 2005, followed by high prices, financial crisis, then a surge of light oil and condensates from the huge American fracking enterprise.
Oil + condensates peaked at year-end 2018, followed by the repo-crisis and COVID-lockdowns to neuter the going-direct-bailout until the inflation hit when lockdowns ended.
A second oil + condensates peak occurred in November 2025.
"Interesting times", again.
Chris Martenson has medical background (Ph.D. in Neurotoxicology from Duke). Would you be so kind as to clarify what you mean by "fear monger when COVID first came out"?
That looks like first quarter and spring of 2020. A lot of Americans got very sick and died, as you will recall, particularly black people in New York with very low vitamin-D levels and the kind of "medical care" which was being administered in New York at that time.
My first patient almost died of COVID over 3 weeks in the hospital in Austin, Texas November and December 2019, completely typical viral-looking pneumonia, spreading to liver and kidneys, not improved by antibiotics, and the only positive test he had was a nothing, a common-cold, "coronavirus".
When I saw his discharge summary in early January 2020 I knew what he'd had.
Luc Montagnier said around April 2020 that the sequence of the Wuhan coronavirus was a lab strain, evident from the "scars" of sequence insertions into the RNA. We knew that the US, Canadians and Chinese had been cooperating on work with these viruses to "make vaccines", a thinly veiled Gain of Function program that created weaponized coronavirus.
I don't think Martinson was alarmist at all for what I was also finding out about the weaponized coronavirus in those days.
I blogged at www.johndayblog.com through all of that. Feel free to go back and look at what I was digging up in the first half of 2020.
This post from March 28, 2020 opens with an essay about the state of our knowledge at that point, including the bioweapons lab at Ft. Detrick shutting in July 2019 for a "breach of containment", though "no harm was done", except that some people in a nearby retirement community died of a mysterious viral pneumonia, only testing positive for a "common cold" in some cases. https://www.johndayblog.com/2020/03/humpty-dumpty-is-broken.html
I got over COVID in 3 days, twice with HCQ, self administered. Wasn’t any worse than the flu. I don’t suppose you were prescribing HCQ early on for COVID? Even IVM would have been almost as good. I pity the people who went to the hospital for that.
Yes I was from March 2020, then ivermectin from August 2020.
I gave away over 40,000 doses of 5000 IU vitamin-D to patients and coworkers at my clinic in 2020, with instructions on how to supplement themselves and their families.
I was fired (after 18 years and a recent maximal merit pay raise) in October 2021 for "vaccine refusal", and was de-certified after 33 years by the American Board of Family Medicine for "advising patients against COVID-19 vaccination", which was true of all children, pregnant women, healthy young people, anybody who already recovered and anybody who preferred ivermectin prophylaxis.
Your March 2020 was most insightful and I only wish I had known of your work at that time. I was long out of almost three decades of the I/c in DC, but had been in an out of Ft. Detrick on several occasions and always found it to be one of the more gruesome installations of the US government - though there are many. Speaking with a retired CIA officer in California at that time, we both smelled a serious game was afoot, with 4 coincidental situations we held to be problematic - 1) the closure of Ft. Detrick the previous July, 2) the Bill Gate (Davos/WEF sponsor Pandemic response conference in August. 3) the relatively sudden discomforting death of Cary Mullis, and 4) the deployment of three hundred US military to Wuhan in September - coupled with a DIA announcement in November that had had proceeded the first case in Wuhan by about 9 days (quickly withdrawn). Until your mention (blog essay), I had not seen anyone go down this rabbit hole, save for Ron Unz in 2021. I'm impressed. I have saved away you blog for continued reading.....are you on substack these days? Also, after you were punished by the thought police (you entry below) were you restored or have you become a renegade physician?
Thank You, Canute. I was able to work a little bit for a few years, but that group got sold twice and cut me as an expense. I get Social Security while it lasts, grow vegetables and keep up that Google blog as a mirror to my Substack, since google overtly censored it and took it down just before Russia invaded Ukraine (hair trigger censorship). Substack throws my subscribers off the back of the bus unofficially, too. Friends have asked why they don't get my posts any more. "Information battle space" is the applicable term, I believe.
That video put out on January 27, 2020. The entire world knew nothing at all about the virus at that time. Based on the initial CFRs coming out of China, it looked bad. And it was bad, especially the first wave of the original WIV construct. But viruses mutate, and opinions change with the facts. Was it wrong for me to warn people about a virus with the potential to become a pandemic at that time? Nope. And the people who followed me got prepared in advance and were able to dodge the market declines. What's you public track record on such topics? Or do you only take potshots at people after the fact?
And there was no peak oil. Martenson was a wannabe Obama and UNIPCC pleaser with that back in 2009. His degrees don’t mean nothing because his track record and intentions are suspect. He’s a Fauci wannabe.
I have always had great respect for John Leake's research and sources sited in his essays. That said, I came to the comments first on this for the simple reason that i hadn't a clue as to who Chris Martinson was, I thought maybe a commenter would enlighten me before I spent time on the interview.....not disappointed. Thank you for your links and your assessment of his resume. I could not find an issue with anything you have said, though I may do further research myself. I am not sure that I want to spend any time listening to the interview, though I may do so as I have some mindless honey-do work to achieve today.
As regards "fossil fuels" and peak oil, I am reminded of Fletcher Prouty's assessment - I just checked and it is still out there on You Tube...https://www.youtube.com/watch?v=2cUg3lDgJ20.
You may find it of interest. Prouty had written extensively on the subject, but then he was the only man in the I/C of his era who was actually concerned wit the truth.
The Russians believe in "abiotic oil", and it makes sense to me, but the problem is that this stuff bubbles up slowly fron the depths, so drilling has to go deeper and deeper to get it, and those limits are coming into play, so in the time spectrum of human economy, it is a limited natural resource, but it is a progressive limit of cost and technology.
Still, the outcome is the same. We are just past the peak of crude + condensates from late last year.
Thanks for your informative responses here. Clearly we need to find other energy sources for the long term. Can you tell me where oil comes from - it's not the dinosaurs as we were told in elementary school I believe? And is it true that there are wells that refill after being pumped out? Also, how much methane is there, which is much different (simpler) than oil? Is that a long term source in terms of EROI? Thanks in advance.
Using less fuel will be the key going forward. The Russians think oil is "abiotic", seeping to the surface from deep carbon under heat and pressure. This is a slow process, and would be a reason why one can find oil deeper if one can drill deeper, like under the Gulf of Mexico...
This particular game of finding and burning fossil fuels seems to be just past its peak, in a world where finances are based upon permanent exponential growth of debt-money.
That financial system will need to reset, but the power-monkey owners are also caught in the monkey-trap, holding their fistful of sweet rice, and unable to extract their hands.
You are on your own to survive this transition, I believe.
What might you need to survive 5 years? (Clean water, community, food, fuel, weather that won't kill you, good soil...)
A finite resource indeed however, oil deposits keep being found. Does that mean peak oil was not real well.........I think the big point is the problem is oil extracted easily has peaked. Ensuing exploration continues to find oil but it is not easy to extract or very costly to extract there in lies part of the problem. Make sense to you?
A whole lot of money was spent on exploration in the 2000s & 2010s, with very little to show for it, not economical. There is oil under the Gulf of Mexico, but getting it proved too problematic to pursue, as it turned out
Peak American oil happened on time. Peak global oil happened on time.
"Oil" got redefined to crude + condensates. Condensates are light and can't make diesel or jet fuel/ they contain less potential energy. Diesel is a limiting distillate in recent years. Diesel is what largely runs the real-economy.
"Costly to extract" is specified as EROI, "energy return on investment". It is a ratio, which was 100:1 in the very early gusher days. Some fields are 30:1 in Iran and Iraq.
Venezuelan and Canadian tar are 3:1, so only recoverable if there is a big working industrial economy to recover them. They can't support an economy themselves.
So. If everybody says "Martenson is a bad guy," then... you win? In the youtube epidsode you linked us to, the first one, he says, "yeah, it looks like this going to be really bad." So yeah. Hysteria. But a lot of us thought it looked really bad. He DOES have that click-baity feel. Sure. So, yeah, Parsons is not far off. Take everything with a grain of salt?
One thing most people ignore is that fact that there is plenty of oil pumping and refining capacity that does not rely on access to the Strait of H, and which is remaining untapped because if we ramp it all up (which requires investment money), we will prove that we don't really need the oil that comes through the Strait. Then, when the Strait does eventually open, there will be a massive oil glut and prices will fall drastically.
Excellent interview John! I have been in the Energy Sector for over 3 decades and have been following Chris for years. He is often right in a unpredictable industry in a crazy world. Based on real fundamentals I believe he is very close to right on all this.
Mullahcratic Iran does not make deals. Iran temporizes, Iran lies, Iran violates treaties. Iran is intrinsically dishonest. Negotiation is a cynical ploy. Mullahcratic Iran is malevolent.
Iran will accept a "deal" that gives Iran military control of the Strait. Period. End-of-story.
And the bottom issue is not energy or control of the Strait. The bottom issue is a nuclear IRGC.
If Iran comes into possession of nuclear weapons, it is only a matter of time before they engineer a way to smuggle one or more into the US. And don't think Iran won't detonate them.
Previous President Ahmadinejad is on record saying that a world without America can be imagined. Don't think Iran has abandoned that end-goal.
Iran has received missile technology from China. Iran's nuclear attack on the US will be accompanied by a nuclear-tipped missile attack on Israel.
Oil is a diversion. The Strait of Hormuz is a distraction.
The US is pretty much energy independent. The only energy-shock will be concentrated in Western Europe, excluding France, the imbecilic leaders of which have sacrificed their energy sector on the altar of Net-Zero.
Stanley Milgram’s infamous experiments, Yale, in the early 60’s, purporting to explicate Hannah Arendt’s “banality of evil” observations about Eichmann, etc.
Obedient to authority’s con —it was all fake— study subjects followed orders & ran electrical energy through their opposite “study participants” in ever increasing voltages … even unto death.
Where there's smoke --average, ordinary folk-- there's fire anytime "Big Tobacco" wants to sell the pack a pack.
Martenson also believed in the so called “peak oil” B.S. Martenson also was a fear monger when COVID first came out. Martenson is a click bait dude trying to make a living on social media.
Oil is a finite resource and has had multiple relevant peaks, with the US 1971 peak being predicted accurately by petroleum geologist M. King Hubbert around 1956.
Peak conventional oil did happen in 2005, followed by high prices, financial crisis, then a surge of light oil and condensates from the huge American fracking enterprise.
Oil + condensates peaked at year-end 2018, followed by the repo-crisis and COVID-lockdowns to neuter the going-direct-bailout until the inflation hit when lockdowns ended.
A second oil + condensates peak occurred in November 2025.
"Interesting times", again.
Chris Martenson has medical background (Ph.D. in Neurotoxicology from Duke). Would you be so kind as to clarify what you mean by "fear monger when COVID first came out"?
Literally 100 videos of him stoking the hysteria. https://youtu.be/zjWq0cyR4Qc?is=kJiqltDR6t0q9WeO
That looks like first quarter and spring of 2020. A lot of Americans got very sick and died, as you will recall, particularly black people in New York with very low vitamin-D levels and the kind of "medical care" which was being administered in New York at that time.
My first patient almost died of COVID over 3 weeks in the hospital in Austin, Texas November and December 2019, completely typical viral-looking pneumonia, spreading to liver and kidneys, not improved by antibiotics, and the only positive test he had was a nothing, a common-cold, "coronavirus".
When I saw his discharge summary in early January 2020 I knew what he'd had.
Luc Montagnier said around April 2020 that the sequence of the Wuhan coronavirus was a lab strain, evident from the "scars" of sequence insertions into the RNA. We knew that the US, Canadians and Chinese had been cooperating on work with these viruses to "make vaccines", a thinly veiled Gain of Function program that created weaponized coronavirus.
I don't think Martinson was alarmist at all for what I was also finding out about the weaponized coronavirus in those days.
I blogged at www.johndayblog.com through all of that. Feel free to go back and look at what I was digging up in the first half of 2020.
This post from March 28, 2020 opens with an essay about the state of our knowledge at that point, including the bioweapons lab at Ft. Detrick shutting in July 2019 for a "breach of containment", though "no harm was done", except that some people in a nearby retirement community died of a mysterious viral pneumonia, only testing positive for a "common cold" in some cases. https://www.johndayblog.com/2020/03/humpty-dumpty-is-broken.html
I got over COVID in 3 days, twice with HCQ, self administered. Wasn’t any worse than the flu. I don’t suppose you were prescribing HCQ early on for COVID? Even IVM would have been almost as good. I pity the people who went to the hospital for that.
Yes I was from March 2020, then ivermectin from August 2020.
I gave away over 40,000 doses of 5000 IU vitamin-D to patients and coworkers at my clinic in 2020, with instructions on how to supplement themselves and their families.
I was fired (after 18 years and a recent maximal merit pay raise) in October 2021 for "vaccine refusal", and was de-certified after 33 years by the American Board of Family Medicine for "advising patients against COVID-19 vaccination", which was true of all children, pregnant women, healthy young people, anybody who already recovered and anybody who preferred ivermectin prophylaxis.
Alright, then you fought the good fight. The rest of the medical industry that believe in the toxic nanotech vaxxes can GO TO HELL.
Your March 2020 was most insightful and I only wish I had known of your work at that time. I was long out of almost three decades of the I/c in DC, but had been in an out of Ft. Detrick on several occasions and always found it to be one of the more gruesome installations of the US government - though there are many. Speaking with a retired CIA officer in California at that time, we both smelled a serious game was afoot, with 4 coincidental situations we held to be problematic - 1) the closure of Ft. Detrick the previous July, 2) the Bill Gate (Davos/WEF sponsor Pandemic response conference in August. 3) the relatively sudden discomforting death of Cary Mullis, and 4) the deployment of three hundred US military to Wuhan in September - coupled with a DIA announcement in November that had had proceeded the first case in Wuhan by about 9 days (quickly withdrawn). Until your mention (blog essay), I had not seen anyone go down this rabbit hole, save for Ron Unz in 2021. I'm impressed. I have saved away you blog for continued reading.....are you on substack these days? Also, after you were punished by the thought police (you entry below) were you restored or have you become a renegade physician?
Thank You, Canute. I was able to work a little bit for a few years, but that group got sold twice and cut me as an expense. I get Social Security while it lasts, grow vegetables and keep up that Google blog as a mirror to my Substack, since google overtly censored it and took it down just before Russia invaded Ukraine (hair trigger censorship). Substack throws my subscribers off the back of the bus unofficially, too. Friends have asked why they don't get my posts any more. "Information battle space" is the applicable term, I believe.
Here is my most recent Substack post: https://drjohnsblog.substack.com/p/taking-the-initiative
That video put out on January 27, 2020. The entire world knew nothing at all about the virus at that time. Based on the initial CFRs coming out of China, it looked bad. And it was bad, especially the first wave of the original WIV construct. But viruses mutate, and opinions change with the facts. Was it wrong for me to warn people about a virus with the potential to become a pandemic at that time? Nope. And the people who followed me got prepared in advance and were able to dodge the market declines. What's you public track record on such topics? Or do you only take potshots at people after the fact?
You’re an opportunist alarmist, Chris. You play into the hands of people like Fauci, DARPA, WHO and WEF. You were also wrong about Peak Oil.
Another https://youtu.be/c_BOznHadg0?is=f4cFCjjj7CoAa--Q
And there was no peak oil. Martenson was a wannabe Obama and UNIPCC pleaser with that back in 2009. His degrees don’t mean nothing because his track record and intentions are suspect. He’s a Fauci wannabe.
I have always had great respect for John Leake's research and sources sited in his essays. That said, I came to the comments first on this for the simple reason that i hadn't a clue as to who Chris Martinson was, I thought maybe a commenter would enlighten me before I spent time on the interview.....not disappointed. Thank you for your links and your assessment of his resume. I could not find an issue with anything you have said, though I may do further research myself. I am not sure that I want to spend any time listening to the interview, though I may do so as I have some mindless honey-do work to achieve today.
As regards "fossil fuels" and peak oil, I am reminded of Fletcher Prouty's assessment - I just checked and it is still out there on You Tube...https://www.youtube.com/watch?v=2cUg3lDgJ20.
You may find it of interest. Prouty had written extensively on the subject, but then he was the only man in the I/C of his era who was actually concerned wit the truth.
The Russians believe in "abiotic oil", and it makes sense to me, but the problem is that this stuff bubbles up slowly fron the depths, so drilling has to go deeper and deeper to get it, and those limits are coming into play, so in the time spectrum of human economy, it is a limited natural resource, but it is a progressive limit of cost and technology.
Still, the outcome is the same. We are just past the peak of crude + condensates from late last year.
Thanks for your informative responses here. Clearly we need to find other energy sources for the long term. Can you tell me where oil comes from - it's not the dinosaurs as we were told in elementary school I believe? And is it true that there are wells that refill after being pumped out? Also, how much methane is there, which is much different (simpler) than oil? Is that a long term source in terms of EROI? Thanks in advance.
Using less fuel will be the key going forward. The Russians think oil is "abiotic", seeping to the surface from deep carbon under heat and pressure. This is a slow process, and would be a reason why one can find oil deeper if one can drill deeper, like under the Gulf of Mexico...
This particular game of finding and burning fossil fuels seems to be just past its peak, in a world where finances are based upon permanent exponential growth of debt-money.
That financial system will need to reset, but the power-monkey owners are also caught in the monkey-trap, holding their fistful of sweet rice, and unable to extract their hands.
You are on your own to survive this transition, I believe.
What might you need to survive 5 years? (Clean water, community, food, fuel, weather that won't kill you, good soil...)
A finite resource indeed however, oil deposits keep being found. Does that mean peak oil was not real well.........I think the big point is the problem is oil extracted easily has peaked. Ensuing exploration continues to find oil but it is not easy to extract or very costly to extract there in lies part of the problem. Make sense to you?
A whole lot of money was spent on exploration in the 2000s & 2010s, with very little to show for it, not economical. There is oil under the Gulf of Mexico, but getting it proved too problematic to pursue, as it turned out
Peak American oil happened on time. Peak global oil happened on time.
"Oil" got redefined to crude + condensates. Condensates are light and can't make diesel or jet fuel/ they contain less potential energy. Diesel is a limiting distillate in recent years. Diesel is what largely runs the real-economy.
"Costly to extract" is specified as EROI, "energy return on investment". It is a ratio, which was 100:1 in the very early gusher days. Some fields are 30:1 in Iran and Iraq.
Venezuelan and Canadian tar are 3:1, so only recoverable if there is a big working industrial economy to recover them. They can't support an economy themselves.
Thanks for an informative reply.
You are welcome.
BTW...........you might find this site interesting: https://ourfiniteworld.com/
So. If everybody says "Martenson is a bad guy," then... you win? In the youtube epidsode you linked us to, the first one, he says, "yeah, it looks like this going to be really bad." So yeah. Hysteria. But a lot of us thought it looked really bad. He DOES have that click-baity feel. Sure. So, yeah, Parsons is not far off. Take everything with a grain of salt?
He then looked at actual data etc. and realized it was all a con. He's not afraid to change his view when the data supports something different.
One thing most people ignore is that fact that there is plenty of oil pumping and refining capacity that does not rely on access to the Strait of H, and which is remaining untapped because if we ramp it all up (which requires investment money), we will prove that we don't really need the oil that comes through the Strait. Then, when the Strait does eventually open, there will be a massive oil glut and prices will fall drastically.
Excellent interview John! I have been in the Energy Sector for over 3 decades and have been following Chris for years. He is often right in a unpredictable industry in a crazy world. Based on real fundamentals I believe he is very close to right on all this.
"does not soon make a deal with Iran"
That's where the analysis enters NeverNeverland.
Mullahcratic Iran does not make deals. Iran temporizes, Iran lies, Iran violates treaties. Iran is intrinsically dishonest. Negotiation is a cynical ploy. Mullahcratic Iran is malevolent.
Iran will accept a "deal" that gives Iran military control of the Strait. Period. End-of-story.
And the bottom issue is not energy or control of the Strait. The bottom issue is a nuclear IRGC.
If Iran comes into possession of nuclear weapons, it is only a matter of time before they engineer a way to smuggle one or more into the US. And don't think Iran won't detonate them.
Previous President Ahmadinejad is on record saying that a world without America can be imagined. Don't think Iran has abandoned that end-goal.
Iran has received missile technology from China. Iran's nuclear attack on the US will be accompanied by a nuclear-tipped missile attack on Israel.
Oil is a diversion. The Strait of Hormuz is a distraction.
The US is pretty much energy independent. The only energy-shock will be concentrated in Western Europe, excluding France, the imbecilic leaders of which have sacrificed their energy sector on the altar of Net-Zero.
Milgram's machinations aren't coming. They are here. They are always here.
Shockers & shockees line up, forward & back.
Breathe deep the gathering gloom
Watch lights fade from every room
Bedsitter people look back and lament
Another day's useless energy's spent ~ Late Lament, The Moody Blues
Love the MB's. What are Milgram's machinations you refer to? Thx in advance.
Stanley Milgram’s infamous experiments, Yale, in the early 60’s, purporting to explicate Hannah Arendt’s “banality of evil” observations about Eichmann, etc.
Obedient to authority’s con —it was all fake— study subjects followed orders & ran electrical energy through their opposite “study participants” in ever increasing voltages … even unto death.
Where there's smoke --average, ordinary folk-- there's fire anytime "Big Tobacco" wants to sell the pack a pack.