Tag Archives: algeria

Business/Economics, International, Technology, U.S.

Oil & Gas Prices: U.S. oil sanctions have actually increased Iranian oil sales! Saudi oil sales increase! Algeria oil increase! Ecuador oil increase! Iraq planning to avoid Strait of Hormuz

According to the Joint Organization Data Initiative (JODI), Iranian oil sales have gone up since the United States started their sanctions games last year!

In January 2012, Iran exported 2.265 million barrels per day. The highest since December 2008!

Of course part of the increase is from customers stocking up now, ’cause they’re afraid the Iranian oil supply will end due to new sanctions and a possible war (again, no thanks to the United States, European Union and Israel).

Those same sanctions, and threats of war, have also increased Saudi Arabian oil sales to the United States.  U.S. officials managed to get Saudi officials to change their minds about not increasing oil production, at a recent IEF meeting.

Canadian media reporting that Saudi oil exports to the U.S. have already increased by 25%.

Algeria and Ecuador have also increased oil production.  Algeria by 18%, Ecuador by 41%!

All this comes at a time when oil industry leaders say there is plenty of oil in the system. It could be a sign of stockpiling before the Third World War gets going full throttle.

Iraq is preparing by planning oil shipment routes that will avoid the Strait of Hormuz. They plan to build new pipelines to Turkey: “Short and mid-term plans will be through boosting crude pumping and upgrading export capacity via Ceyhan port in Turkey. Also to increase the number of trucks that are shipping crude.”-Iraqi government statement

 

International, U.S.

What Global Warming? Europe & Asia suffer freezing WX, at least 420 Europeans freeze to death, even North Africa affected

“It’s awful. I had to walk two hours through freezing temperatures just to get to the metro. The area is full of trees that have fallen on cars but no one’s come to help us.”-Federico Maneski, Rome, Italy

While North America is experiencing a warmer than normal winter, Europe and Asia are breaking records.  From record snowfall in Japan and Korea, to record low temps in Europe.

Japan and South Korea had reported record snowfall, and record freezing temps, but not as freezing as the temps in Europe.

As of February 6, at least 420 Europeans, mostly homeless people, have frozen to death!  Finland has hit -40 Celsius (-104 Fahrenheit)!   The deaths of people who do not have access to heat sources range from France, Italy, Poland, Romania to Ukraine.

In Serbia, an area of 70,000 people has been cut off by record snowfall.  Police and military units have to use helicopters to fly in supplies.  In Croatia, a woman gave birth to a daughter with the help of her neighbors in her village, because the road to the hospital was blocked by snow. She named her daughter Snjezana, which means Snow White in Croatian.

The freezing temps have even hit the North African country of Algeria.  16 people were killed when their cars slid off ice covered roads.