Tag Archives: oil

Printer Ink Shortage

Japan’s disasters just keep hitting everywhere, now printer ink.

Manufactures of printer ink have asked Japanese publishing companies to cut back on printing production because of ink shortage.

Last year there were concerns of ink/toner shortages, now it looks like Japan’s disaster has made that situation worse.

Ink/toner recyclers will probably benefit from this new shortage.

 

Iran sells refined gas to Afghanistan for the first time, nice to see other countries making money off our wars

“We have exported a 1,000-ton cargo of gasoline to Afghanistan this (Iranian year), and we are amidst negotiations to export the second and third cargoes to the country,”-Iranian Deputy Oil Minister Alireza Zeiqami

Ironically, Iran’s refined gas industry has gotten a boost from U.S. and European economic sanctions. So much so that Iran is negotiating new contracts with surrounding countries.

The latest sanctions against Iran forbids companies from selling refined gas to Iran.  As a result Iran increased its own fuel refining, and found out that its neighbors, like Afghanistan, wanted to buy it.

Iranian Oil Minister Massoud Mir-Kazzemi said their fuel refining has increased so much that that Iran no longer needs foreign imports.  So much for sanctions.

By the way, does anyone like the idea that were throwing billions of U.S. dollars down the drain in Afghanistan, while other countries make money off Afghanistan?  Where did Afghanistan get the money to buy the Iranian gas?

Two faced Obama wants Gaddafi out, but says we’re not trying to bomb him, after we try to bomb him

Almost from day one of the so called revolution in Libya, President Obama said “It’s time for Gaddafi to go.”   He didn’t say that about Mubarak, not for several weeks of the Egyptian Revolution anyway.

Obama has said many times he wanted Gaddafi out.  Then Gaddafi’s compound is bombed by coalition forces, and the official statement from coalition leaders is that they were not trying to bomb Gaddafi. That’s one dumb smart bomb then.

Here is what Obama said today: “Now, I also have stated that it is U.S. policy that Gadhafi needs to go.” President Obama has basically admitted that trying to get rid of Gaddafi IS what he’s trying to do.   Obama then goes on to admit that UNSCR 1973 does not allow him to do that: “But when it comes to the military action, we are doing so in support of U.N. Resolution 1973 that specifically talks about humanitarian efforts, and we are going to make sure we stick to that mandate.”

Obama also says he’s hoping that other “tools” will be used to allow the Libyan people to kick Gaddafi out.  Remember, UNSCR 1973 is supposed to be about protecting peaceful civilians, not regime change.   Lies. lies and more lies!

Rebels declare themselves the new Government & Oil Company of Libya

What happened to democracy?  The Libyan rebels declared themselves as the new government, with no democratic anything before hand, and several European governments have already recognized the rebels as the true government of Libya.

To top that the rebels, calling themselves The Transitional National Council, have now declared themselves as the new oil officials of Libya.  Already several European countries announced that they will be making oil deals with this “government” of Libya.

Not only that but the rebels have already set up their own central bank to handle oil transaction deals, sure sounds like this “revolution of the people for democracy” is all about oil.

Canada joins fight against Libya

Canadian aircraft are helping to enforce the bogus no fly zone over Libya, as well as Canadian naval vessels, 380 Canadian troops, including pilots and ground crews, are in the Mediterranean Sea.

“This morning, four CF-18 fighter aircraft and two CC-150 Polaris strategic air refuelers departed Italy and conducted patrols off the northern coast of Libya. “They did not fire upon any targets.” -Defense Minister Peter MacKay

European leaders Lie, this is about controling Libya’s oil, begining of WW3

Recently the European Union’s ambassador to the U.S. said Europe’s infatuation with the crisis in Libya was not about the oil. Lier!

Some European countries, like Austria, Ireland and Italy, get most of their oil from Libya.  Oil companies from France, Italy and Spain are involved in oil field operations in Libya.

The flow of oil to Europe was greatly reduced thanks to the violence involving so called peaceful protesters in Libya.  After all, why would Gaddafi destroy his main source of income?

Gaddafi has long suspected that the militant, yet somehow, peacefull protesters were supplied by Europe (that has been proven to be correct, Libyan rebels and arms dealers admitted to it).  Feeling betrayed by Europe Gaddafi announced, on March 14, that he was making new oil deals with China, India and Russia (and possibly Germany). Notice that those are the countries that abstained from voting on UNSCR 1973.

Then, just three days later, on March 17, the UN passes UNSCR 1973.  Wow, that was fast!

China and India have evacuated thousand of workers from Libya.

The Europeans have been losing out to the Chinese for several years now. In 2007 Libya hired Chinese companies to build an oil pipeline.  In 2009 the Europeans scared off the Chinese from making a huge oil deal with Libya.  Then in 2010 Libya announced a deal that would see 6 million barrels per month going to China.  In February 2011, China began evacuating some 20,000-30,000 oil field workers after they were attacked by peaceful protesters!  A Chinese Foreign Ministry spokesman said that some Chinese companies “…had their local camp sites raided by gangsters….”

There is eveidence that many people in eastern Libya resented the Chinese oil workers, and actually viewed it as an invasion. Is it possible that European interests took advantage of the growing anti-asian sentiments?

It is clear by statements from Chinese oil workers that they were specifically targeted.  “Chinese companies in Libya are in a state of emergency, our projects are being raided and communications are down.” -online posting

When you look at the who’s who of those involved in Libyan oil production, and who wants Libya’s oil, it starts to look like this is a battle between East and West; Europe vs China.  Could this be the shot that starts World War 3?

Get ready for Oil prices to Jump, Economist say it could destroy Economy

Already, oil trading in Europe has seen oil prices jump $2.00 per barrel since Friday.

It is due to the attacks on Libya.

In a CNNMoney survey  16 out 23 leading economists say rising oil prices are the number one threat to any economic recovery.

Interestingly The Federal Reserve showed little concern over rising oil/fuel prices during its March 15 meeting.

General Motors continues to get hit by Japan disaster

As a result of the ongoing disaster in Japan, General Motors suspended all nonessential spending and global travel, a GM spokesman announced.

In addition, GM will suspend production in Spain, and cancel two shifts in Germany.

Even a small supplier of products that are fed to a bigger supplier that feeds the automaker’s assembly plants can delay or halt vehicle production.

Think of the “always a bigger fish” example, but in reverse.  If there are no little fish to eat, what can the bigger fish do?