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 […] Continue Reading…
Russian President Dmitry Medvedev declared that Russia is willing to mediate peace talks in Libya. Medvedev believes the conflict will not be resolved quickly, despite what President Obama said.
Russia abstained from voting of UNSCR 1973 not because they were against a no fly zone, but because the language of UNSCR 1973 […] Continue Reading…
French officials sat NATO is almost ready to help with actions against Libya, possibly in a few days.
The Arab League stated that they did not want the military actions against Libya to become controlled by NATO (North Atlantic Treaty Organization). Arab League leader Amr Moussa said, “What is happening in Libya differs from the […] Continue Reading…
Ten prefectures have radioactive tap water, according to the Japanese government.
Fukushima, Tochigi, Gunma, Saitama, Chiba, Tokyo, Kanagawa, Niigata and Yamanashi prefectures.
Tap water in Tochigi and Gunma revealed radioactive iodine and cesium.
Radioactive iodine alone was found in Saitama, Chiba, Tokyo, Kanagawa, Niigata and Yamanashi prefectures.
It must be noted that several different government agencies are involved […] Continue Reading…
Over the weekend food products from Fukushima Prefecture were banned due to radiation contamination. Now 3 more prefectures have been added to the food ban.
Ibaraki, Tochigi and Gunma prefectures have now been told their food products are contaminated was well. Earlier Ibaraki Prefecture had spinach test positive for contamination, but wasn’t told to stop […] Continue Reading…
Workers were evacuated from the Fukushimah Daiichi nuclear plant after smoke started pouring from reactors 2 & 3. Planned water spraying had to be stopped.
White smoke/steam coming from reactor 2, from a crack in the roof, it is probably from the spent fuel pool.
Reactor 3 more serious; black/gray smoke coming from whats left of […] Continue Reading…
Masataka Shimizu, chief executive of Tokyo Electric Power Company (TEPCO), hasn’t been seen in a week.
He’s in charge of the company dealing with one of the world’s worst nuclear disasters, Fukushima Daiichi. Many Japanese want to know where he is.
Even the BP (British Petroluem) CEO held press conferences during the Gulf of Mexico oil […] Continue Reading…
USAF C-17 transport from Vandenburg Air Force Base, in California, has left for Japan loaded with 17 tons of boric acid.
The boric acid is from the stock pile at the Diablo Canyon nuclear power plant in California. It’s to be used on the reactors at the Fukushima Daiichi nuclear plant.
People living in parts of Fukushima Prefecture have been told not to drink tap water. Japanese officials say the radiation levels in the water are now higher that government safety limits.
The confusion comes from Japanese officials also saying that there is no immediate health risk from drinking the water.
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 […] Continue Reading…