Tag Archives: france

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

Oil & Gas Prices: China outproducing Exxon Mobil, North Sea major gas leak, Sudan bombs oil rich South Sudan, Iraqi Kurds stop oil shipments, Canada will stop selling cheap oil to the U.S.!

French oil company Total, could lose $2.5 million USD per day due to its North Sea oil rig leak.

The Elgin ocean rig, near Scotland, began leaking natural gas eight days ago.  It’s coming from a well that workers were trying to cap.  The situation in the North Sea now, is similar to the 2010 BP Gulf of Mexico blow out.

Workers were evacuated for fear of a huge explosion. There are now reports of “oily sheen” on the ocean’s surface.

According to the North African country of South Sudan, their neighbor Sudan is bombing their oil rich areas, in order to drive off investors from the United States.

Officials from Sudan deny that they are specifically targeting oil wells, but U.S. President Barack Obama asked both sides to avoid targeting oil resources.  The U.S. supported the creation of the new country of South Sudan.

The Kurdish autonomous government in northern Iraq, have stopped oil shipments.  Kurdish officials say the Iraqi government has not made any of the payments promised for past oil shipments.

Iraqi officials responded by stating that the Kurds have not sent all the oil that was promised. However, a payment of $560 million USD is being reviewed.

Iraqi officials also say they have reason to believe the Kurds are illegally selling oil to neighboring Middle Eastern countries.  However, despite such claims of loss from Iraqi Kurdistan, Iraqi oil exports hit 2.13 million barrels per day in March.

The world’s biggest oil producer is no longer Exxon Mobil.  PetroChina is now the number one producer of petroleum oil.

According to Bloomberg, PetroChina is now producing a little more than 2.4 million barrels per day of oil.  Chinese officials say the petroleum company will actually increase its take over of other oil companies around the world, because China’s industries need the oil.

“Look, the very fact that a ‘no’ [a no on Keystone] could even be said underscores to our country that we must diversify our energy export markets. We cannot be, as a country, in a situation where our one and, in many cases, only energy partner could say no to our energy products. We just cannot be in that position.”-Stephen Harper, Prime Minister of Canada

Canada has been selling its oil to the United States by at least half the going rate, but Canadian officials say that can’t continue, even if U.S. officials approve the Keystone XL pipeline. Canada will eventually jack up the price for U.S. customers.

“We have taken a significant price hit by virtue of the fact that we are a captive supplier and that just does not make sense in terms of the broader interests of the Canadian economy…”-Stephen Harper, Prime Minister of Canada

 

 

 

 

 

Business/Economics, International, U.S.

Oil & Gas Prices: More Hypocrisy; the U.S. exempts EU & Japan from Iran oil sanctions

In a move that is hypocritical, the United States has exempted 10 European Union countries, and Japan, from U.S. imposed Iran oil sanctions.

It also brings up the question: What was the point?

I already showed how, under the Bush jr administration, U.S. corporations were exempted from future sanctions against Iran, back in 2000!

The countries now granted exemptions from the U.S. oil sanctions are Belgium, United Kingdom, Czech Republic, France, Germany, Greece, Italy, Netherlands, Poland, Spain and Japan.

Again: What was the point of the U.S. imposed sanctions against Iran, if the U.S. is going to grant exemptions to other countries, and, a Republican created law in 2000 already exempts U.S. corporations from having to obey any sanctions anyway?

International, U.S.

World War 3: Russia supports UN resolution on Syria, but only if….

Russian Foreign Minister Sergei Lavrov, said Russia will support a resolution on Syria proposed by Kofi Annan, but only if two conditions are met.

One: The details of the resolution are made public.

Two: That it is not an “Ultimatum”, but an on going process of dialog to “…end to violence on all sides…”

International, U.S.

World War 3: Grand Mufti of Saudi Arabia orders destruction of all Christian Churches! Backlash for Herman Cain statements?

The Grand Mufti of U.S. petrodollar triad member Saudi Arabia, has ordered that all churches on the Arabian Peninsula must be destroyed!

This follows yesterday’s announcement by Said al-Shihri, a leader of the U.S. created al Qaeda, who ordered the killing of all Shi’a Muslims in Saudi Arabia!

Grand Mufti Sheikh Abdul Aziz bin Abdullah, is the highest official of religious law in Saudi Arabia, as well as the head of the Supreme Council of Islamic Scholars.  He claims the Prophet Mohammed said the Arabian Peninsula can have only one religion.

The Grand Mufti’s declaration follows the announcement of a Kuwaiti politician, Osama al-Munawar, who said the Kuwaiti parliament will consider a law that will ban the construction of new Christian churches in Kuwait.

These calls for actions against Christians might be in retaliation for anti-Muslim statements made by U.S. leaders. Failed presidential candidate hopeful, Herman Cain, said he believed that U.S. Muslims were not protected by the Constitution: “They’re using the church part of our First Amendment to infuse their morals in that community, and the people of that community do not like it.”

Pat Buchanan told a radio host that the U.S. should find a way to ban the construction of new Mosques.

In 2009 Switzerland banned the building of Minarets.  In 2010 France banned the wearing of anything that covered your face, the law is actually directed towards Muslim women.

Basically, the Christian West started the whole thing!

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

Oil & Gas Prices: Iran cuts oil shipment to 4 more European countries! SWIFT retaliation? U.S. to sanction India

March 16, 2012, Iran’s Oil Ministry announced it will stop oil shipments to four more European Union members.

Back in February Iran stopped oil shipments to France and United Kingdom.  Iran had also named four other EU countries that could lose their Iranian oil shipments.

Iranian media reporting that Iran will now stop oil shipments to those other countries.  Those countries are Greece, Italy, Netherlands, Portugal and Spain.

I’ve heard that claim before, but this time it might be for real, and in retaliation for Iran’s exclusion from the Society for Worldwide Interbank Financial Telecommunication (SWIFT).

“It is a direct result of international and multilateral action to intensify financial sanctions against Iran.”-Lazaro Campos, CEO SWIFT

The SWIFT move will affect about 30 Iranian banks.

Washington DC insiders say it’s likely the United States will sanction India, for refusing to take part in the U.S. led oil sanctions against Iran: “Given the level of trade, and in particular oil, between Iran and India, targeting an Indian entity that facilitates Iran’s access to the international financial market should be top of mind for the U.S. Treasury.”-Avi Jorisch, former Treasury Department official

According to the International Energy Agency, India and South Korea have greatly increased the amount of oil they’re buying from Iran.  Japan and South Korea are demanding exemptions from the U.S. oil sanctions, because British Petroleum was able to be exempted. (I told you Obama does not have the support of the International Community, as he claims)

 

 

Business/Economics, International

World War 3: French military base attacked, two killed. Second attack this week!

March 15, 2012, a military base in France was hit by a drive by shooter. Two French soldiers are dead, another is wounded.

It happened near the southwestern city of Montauban.  The base is home to the 17th Parachute Engineer Regiment.

Thursday’s shooter was riding a scooter.  On Sunday, March 11, a shooter riding a motorcycle in a residential area of Toulouse, 46 kilometers (29 miles) south of Montauban, shot and killed one French soldier.

Officials say they do not have a motive, but are considering that it might be a personal dispute between the shooter and the soldiers.

 

International, U.S.

World War 3: England will “bomb the hell out of” Scotland, if it wins independence!

“If that were to happen what alternative would England have but to come and bomb the hell out of Glasgow airport and Edinburgh airport.”-Fraser of Carmyllie, spineless Tory who is against independence

Fraser gave a speech in Edinburgh warning that if Scotland became totally independent of England, the English would use their traditional military reasoning and conclude that Scotland was now open for use as an anti-English base.

Don’t laugh, if you know history (and many people don’t) that reasoning was the same used by England’s Winston Churchill to massacre the neutral French navy in Algeria!  In fact, it was that attack that influenced Japanese plans for attacking the U.S. Navy at Pearl Harbor.

To try and calm any English fears, the Scottish National Party is proposing that an independent Scotland would allow English bases to remain on their territory!

Business/Economics, International, U.S.

World War 3 & Government Incompetence?: U.S. Senator calls for blocking all Iranian oil, even thought it would destroy U.S. allies. War with Iran is meant to allow the U.S. to become a major oil exporter

Days after a UBS oil analyst said ten countries (allies of the U.S.) would be destroyed if Iranian oil was cut off, a dumb U.S. Senator proposes to cut off Iranian oil!

In a Friday interview with C-SPAN’s (Cable-Satellite Public Affairs Network) Newsmakers program, democrat Carl Levin says he wants to use the U.S. Navy to blockade Iranian oil shipments.

Levin is inviting other countries to join in: “I think (these are) options that whoever is willing to participate should explore, including Israel and including the United States.”

Levin admitted that alternative oil supplies would have to be found for the allies of the United States.  Mmmm, you mean like the United States now that it actually has too much oil on hand (recently the CEO of Exxon Mobil said the U.S. oil “…markets are well supplied.”)?  Now we know the real reason for going to war against the World’s second largest petroleum producer  (oil from Canada and North Dakota is actually creating a surplus in the U.S.).

 

Business/Economics, International, U.S.

World War 3: UBS says war with Iran will destroy U.S. allies

Julius Walker, an oil analyst with Swiss based financial company UBS, says war with Iran could destroy ten countries, from lack of oil.

He told Business Insider that not only would the price of oil skyrocket past $250 per barrel, but the economies of ten countries could be devastated.

Those ten countries are actually allies of the United States (and some are already on the verge of collapse): China, India, Japan, South Korea, Turkey, Italy, Spain, Greece, South Africa and France.  Maybe they won’t be allies for very long?

 

Business/Economics, International, U.S.

World War 3: French Ambassador sneaks out of Syria, Syrian Ambassador tells U.K. bye bye, Canada closes Embassy

Lebanese media reporting that the French Ambassador to Syria has quietly driven into Lebanon. The ambassador and his diplomatic staff are in a convoy heading back to Pairs.

In the United Kingdom, the Syrian Ambassador made it clear to the British government that he will be leaving, after being called back by the Syrian government.

Canada has closed down their embassy in Syria: “All of our Canadian diplomats have left Damascus. The safety and security of Canadian personnel is our top priority and that is not a decision we took lightly.”-John Baird, Foreign Affairs Minister of Canada

After a meeting with officials from the United Arab Emirates, Canadian officials also imposed new sanctions. The new sanctions include a complete ban on financial services, as well as sanctions on the Syrian central bank.