Unleaded gasoline is traded on the commodity market. That’s the price you need to watch. Oil prices only affect gas prices indirectly. Yes, as oil prices go up so will eventually gas prices, but for a direct cause watch refined unleaded gas prices (if you use Diesel watch Diesel futures prices).
The main stream media puts so much effort into reporting what happens in the stock markets. Why? Because the main stream media is controlled by big corporations. Big corporations get investment money from stocks. Big corporations use the main stream media to control the stock markets.
In a press conference held in Benghazi, Libyan rebel leaders said NATO air strikes were not enough, and that ground troops were needed, official to protect civilians.
The spokesman said that initially rebels were opposed to foreign ground troops, but under present conditions (meaning they are losing to government forces) they will now accept foreign […] Continue Reading…
Tokyo Electric Power Company says it must cut wages and salaries in order to meet expected compensation payments due to the Fukushima Daiichi disaster.
Wages would be cut by 5%, with bonuses cut in half. Salaries will be cut by 20%. TEPCo will also reduce the number of employees by 100 each year, for the […] Continue Reading…
“We are ready to stage such war games jointly with those states on the Southern rims of the Persian Gulf in future.”-Brigadier General Hossein Salami, Islamic Revolution Guards Corps
Iran said that for the 2011-2012 year (Iranian year 1389) observers from other countries will be allowed to watch Iranian war games. It’s hoped that in […] Continue Reading…
Tokyo Electric Power Company has given an estimate on the amount of radiation spilled into the Pacific Ocean, during the first week of April: 4,700 terabecquerels, 20,000 times the safe limits for an entire year! Contaminated water is still getting into the ocean.
Radioactive iodine levels on 02 April 2011, were 7.5 million times safe […] Continue Reading…
“If Saudi Arabia had not made the historical mistake of deploying its forces on the Bahraini soil, today the conditions in the Middle-East would not be so difficult and complicated.”-Alaeddin Boroujerdi, Iranian National Security and Foreign Policy Commission
Boroujerdi made the comment while meeting with Kuwaiti officials. Kuwait’s National Assembly Speaker Jassem Mohammad […] Continue Reading…
12 contractors have been freed, after being kidnapped in Afghanistan.
Iran officials will only say their diplomatic efforts worked to free the men. “After the news about the abduction of these individuals, we pursued the case through Kabul’s embassy in Tehran as well as Iran’s embassy in Kabul. We have made several contacts […] Continue Reading…
“The Iranian military’s Ground Forces will deploy its peacekeeping troops in any region of armed conflict upon foreign ministry’s recommendation.”-Ahmad Reza Pourdastan, Iranian Army’s Ground Forces Brigadier-General
The Iranian general told foreign military attachés that Iran’s Army is ready for “peacekeeping” duties, anywhere in the world. This is supposedly in accordance with […] Continue Reading…
In an earlier posting I warned that the Libyan situation could lead to World War 3. It’s all about not letting China have Libya’s oil.
Former U.S. Treasury official, Dr. Paul Craig Roberts, admitted to Iranian media, that the so called rebellion in Libya was about oil, and not letting China have it: “In my […] Continue Reading…