Tag Archives: gas

Biden’s Oil War: U.S. taxpayers subsidize Yemeni Natural Gas for NATO Europe?

03 November 2022 (13:08-UTC-07 Tango 06) 12 Aban 1401/08 Rabi ‘ath-Thani 1444/10 Xin-Hai 4720/03 ноября 2022 года

Photo via Yemen Press Agency, 02NOV2022.

The Yemen Press Agency reported on 02NOV2022, that the recently (and suddenly) appointed governor of oil and natural gas rich Hadramawt Governorate, Mabkhout bin Mubarak Maree Yaslam bin Madi, was paid a visit by a delegation of U.S. military personnel (who did not wear any identifying insignia or name plates on their uniforms, as can bee seen in the photos, Yemen news media referred to one of the personnel as ‘Major Kevin’).  Their non-named source inside the provincial government said it was an “acceleration” of pressure tactics by the NATO members United States, United Kingdom and France, to force the puppet government in Yemen to sell its petroleum resources only to Western-NATO buyers.

One of these guys is supposed to be Mabkhout bin Madi. Photo via Yemen Press Agency, 02NOV2022.

This is apparently part of U.S. President Joseph Robinette Biden Junior’s plan to help NATO Europe with obtaining cheap natural gas, as a result of the Ukraine Crisis.

The United Arab Emirates (UAE) now controls the most important oil port in Yemen, the Dhabba Oil Terminal, which is on the coast of Hadramawt Governorate!

A LNG (natural gas) tanker ship at the Dhabba Oil Terminal, Yemen.

On 21OCT2022, many news sources reported that Saudi-led air forces attacked an area near the Dhabba Oil Terminal in Hadramawt Governorate.  The claim was that rebels were trying to steal the oil.  Hadramawt Governorate is the largest province in Yemen, but is no where near rebel held territory, it is in the eastern part of the country next door to Al Mahrah Governorate, which has also been taken over by the militaries of the Kingdom of Saudi Arabia (KSA) and UAE.

Mabkhout bin Mubarak Maree Yaslam bin Madi (aka Mabkhout bin Madi) was suddenly appointed governor of Hadramawt Governorate at the beginning of August 2022He was not elected. It was part of several appointments to important provincial positions throughout Yemen made by the new U.S.-Saudi puppet government in the capital city of Sanaa.

The sudden appointment of what should be elected officials came at the same time that taxpayer funded U.S. Agency for International Development (USAID) announced “…$431 million in additional humanitarian assistance for the people of Yemen.  …brings the total amount that the U.S. government has provided to the Yemen humanitarian response to more than $1 billion in FY 2022.” Is there a connection between a sudden and massive $1-billion in U.S. taxpayer funding and the sudden appointment of U.S.-NATO friendly officials?  Are U.S. taxpayers subsidizing cheap oil/natural gas sales to NATO Europe?

False Flag, October 2022: 1ST TIME EVER, NATO & UN PREP FOR NUKE ATTACK ON OIL INFRASTRUCTURE!

Oil Prices, March 2022: DON’T BLAME RUSSIA, BLAME U.S./SAUDI PROXY WAR AGAINST IRAN IN YEMEN!

Hunger Games, November 2022: STARVATION IN YEMEN? 36-TONS OF FOOD THROWN AWAY, FISHERMEN in Al Mahrah Governorate PREVENTED FROM FISHING!

World War 3, December 2015: MORE U.S. based BLACKWATER MERCENARIES KILLED IN YEMEN!

Mother of all Money Pits: Your taxes bribe Iraqi Arabs & Kurds to play nice together! New Iran vs Israel proxy war!

Why are oil prices so high? Iraq claims its oil exports are at 50 year-highs, the most oil exported since 1972!

There are claims that Iranian backed attacks, on a NATO Turkey base inside Iraq, are escalating!

There are now claims that Iran is attacking Kurdish areas of Iraq, apparently because Iraqi Kurds have made a Natural Gas deal with Israel!

Approximately 29 pallets of U.S. taxpayer funded body armor plates, weapons and various vehicle parts ‘divested’ to the Iraqi Ministry of Defense, on Al Asad Air Base, 24MAR2022. U.S. Army photo by Specialist Nathan Smith.

U.S. Army photo by Staff Sergeant Bree-Ann Ramos-Clifton, 27MAR2022.

On 27MAR2022, a NATO United Kingdom Royal Army (British Army) Brigadier oversaw the second military cooperation meeting between Iraqi and Peshmerga forces, at Union-3 forward operating base (FOB) in Baghdad.  U.S. NATO officials consider the meeting ‘historic’.

USA photo by Staff Sergeant Bree-Ann Ramos-Clifton, 23MAR2022.

For proof that other NATO countries are still involved in Iraq, on 23MAR2022 military inspectors from several NATO countries toured the Union-3 FOB in Baghdad.

Peshmerga soldiers load-up on U.S. taxpayer funded ammunition crates, Erbil Air Base, Iraq, 16MAR2022. USA photo by Corporal Tommy L. Spitzer.

Approximately 59 pallets of repair parts, medical equipment, and uniform items were ‘divested’ to Iraq’s Federal Intelligence and Investigation Agency, 14MAR2022. USA photo by Specialist Nathan Smith.

A Peshmerga Major counts the crates of ammo on Erbil Air Base, Iraq, 08MAR2022. U.S. Army photo by Corporal Tommy L. Spitzer.

Erbil Air Base, Iraq. U.S. taxpayer funded contractors load a Conex container onto a Peshmerga truck, 08MAR2022. USA photo by Corporal Tommy L. Spitzer.

Peshmerga trucks loaded and ready to go on Erbil Air Base, Iraq, 08MAR2022. USA photo by Corporal Tommy L. Spitzer.

U.S. Army (USA) video by Corporal Tommy L. Spitzer, 07MAR2022, Peshmerga female soldiers explain why they need U.S. taxpayer funding:

Kurdish security forces (Asayish Directorate in al-Sulaymaniyah) get help from a U.S. Army CH-47 Chinook during assault training exercise, 02MAR2022. USA Photo by Staff Sergeant Gregory T. Summers.

(Peshmerga forces receive U.S. funded combat vehicle and helicopter assault training)

(Asayish Directorate in al-Sulaymaniyah capture two terrorists)

Pallets of containers full of 120mm ‘illumination’ rounds, ‘divested’ to Peshmerga on 23FEB 2022, Erbil, Iraq. USA photo by Specialist Nathan Smith.

On 23FEB2022, U.S. taxpayer funded, Israeli designed, 120mm mortar illumination rounds were given to Peshmerga.  The U.S. Army switched to the Israeli designed rounds in the 1990s.  They were tested on U.S. Army bases in Arizona and Utah.  Illumination rounds typically contain minerals like phosphorus, which burn when exposed to air. All militaries around the world use such illumination rounds, as long as they are not intentionally used as ‘weapons’ they can avoid the international ban on phosphorus weapons.

U.S. Air Force (USAF) video by Staff Sergeant Frank Rohrig, 15FEB2022, on Al Dhafra Air Base, United Arab Emirates, a USAF C-17 is loaded with gear then flies to Erbil Air Base in Iraq, where the gear is off-loaded for the Peshmerga:

More than 30 trucks transported masses of razor wire to Iraqi Border Security units as part of the Counter-ISIS Train and Equip Fund (CTEF) program, 12FEB2022. USA photo by Major Alexa Carlo-Hickman.

Got razor wire? Why do U.S./NATO leaders think Iraq needs so much razor wire? USA photo by Major Alexa Carlo-Hickman, 12FEB2022.

USA video by Specialist Nathan Smith, on 02FEB2022, brand new U.S. taxpayer funded construction vehicles were ‘divested’ to the Iraqi Ministry of Defense, on Al Asad Air Base:

Mother of all Money Pits:  KURDS TAKE THE FIGHT TO ‘ISLAMIC STATE’, WHILE U.S. TAXPAYERS FUND DINNER PARTIES!

Destroy U.S. Dollar: RUSSIA DEMANDS RUBLE FOR EVERYTHING! NATO GERMANY & NATO BULGARIA CONTINUE BUYING RUSSIAN GAS!

Oil Prices: DON’T BLAME RUSSIA, BLAME U.S./SAUDI PROXY WAR AGAINST IRAN IN YEMEN!

Biden’s War: WAR IN UKRAINE TO START IN MARCH? U.S. ARMY OFFERS BIG BONUS TO RECRUITS WHO CAN SHIP-OUT QUICK! IT’S ALL ABOUT THE NATURAL GAS!

 

Fracking quakes shutdown biggest Gas operation in Europe?

31MAR2018 (02:36 UTC-07 Tango 06)  11 Farvardin 1397/14 Rajab 1439/15 (second month) Yi-Mao 4716

In Netherlands, the NAM (Royal Dutch Shell/Exxon) operated Groningen gas field (which contracts extraction work to U.S. based Halliburton) is the biggest in Europe.  90% of Dutch homes rely on it. 1-thousand-7-hundred Dutch businesses are addicted.  Germany, France and Belgium are big customers.  Earlier this month a deal was signed with Japan’s Mitsubishi-Hitachi to produce hydrogen with gas from Groningen.  But apparently none of that matters as the Dutch government announced plans to shutdown Groningen by 2030.

One of many Halliburton extraction wells at NAM Groningen

The official reason is that years of fracking/extraction has resulted in thousands of Dutch homes damaged by numerous earthquakes, and increased health problems of taxpaying citizens tied to fracking operations.

It should be noted that efforts were made to reduce quakes by reducing extraction, but it didn’t work, the quakes kept coming. In January, the Groningen region was hit by the biggest earthquake in the past five years.  It was a measly 3.4, but that’s the typical Richter of quakes caused by fracking.  It was also the sixth quake in that region that month. 

According to Wikipedia: “Since 1986, there have been around 1,000 induced earthquakes in the northeast of the Netherlands caused by the exploitation of the Groningen gas field near Slochteren.”

The government of Netherlands is making big money off Groningen, but will shift to big taxpayer spending as after 2030 much needed fuel will be made from imported gas, refined in a new taxpayer funded $616.6-million USD nitrogen plant.  But here’s some conspiracy theories;  Is Groningen literally running out of gas?  Or is that the Dutch government is bracing for a plethora of lawsuits from families and business that have suffered damage from the fracking quakes? Or is that the shutdown of Groningen is meant to drive up the low prices of gas, already “Dutch TTF natural gas prices have risen in anticipation of a government decision on how fast to further reduce domestic production…”?

“IT SHOOK MY ENTIRE HOUSE!” EXPLOSIONS IN THE SKY AS MORE MINOR QUAKES HIT IDAHO!

FRACKING QUAKE SWARM HITS EAST IDAHO?

FRACKING CAUSES OKLAHOMA QUAKES, IRONICALLY SHUTS DOWN OIL WELLS!

FRACKING BLAMED FOR RECORD 5000% INCREASE IN EARTHQUAKES IN OKLAHOMA, SURPASSING QUAKE PRONE CALIFORNIA!

What Economic Recovery? East vs West? Gas & Diesel prices shooting up! It ain’t the oil prices! Supply is up, demand is down or are they? California refineries going down, again!

Reports out of Los Angeles, California, gasoline prices more than $4.00 USD per gallon (more than $1.00 per liter).   A 23 cents jump in one week!

In the southeastern Idaho city of Pocatello, gasoline prices have gone up about 25 cents in the past two weeks.  Prices for the more efficient Diesel fuel are about to break the $4.00 mark, but are actually unchanged for the past two weeks.

Once again we can’t blame U.S. oil prices, they’re still under $100 per barrel.

The last time I looked into seemingly unexplained fuel price increases it turned out it was a matter of fuel refined in the western half of the country being shipped off to the more populous eastern half to take up the slack caused by their fuel shortage.

The result was fuel prices stayed lower in the eastern half of the country, but went up for us westerners because our supplies went down! (in the case of California, they had too many refineries down, and their fuel laws make it almost impossible to import refined fuels from out of state)

According to the latest data from the U.S. Energy Information Agency (USEIA) total weekly refined gasoline (Total Motor Gasoline) stockpiles, for the whole country, are up from December, by about ten thousand barrels!  As well, total weekly stockpiles of DSO (Diesel) are up from December, by more than 10,000 barrels!

Aw, let’s break it down into the separate Petroleum Administration for Defense Districts (PADD).

I checked PADD 4 (aka Rocky Mountain PADD, serves my area) and discovered that Total Motor Gasoline weekly stockpiles are down from December by 570 barrels.  Distillate Fuel Oil (DSO/Diesel) stockpiles down by 143 barrels.  So supply has gone down for the Rocky Mountain area.

PADD 5 (West Coast) shows an increase in weekly stockpiles for both gasoline and Diesel.

PADD 3 (Gulf [of Mexico] Coast) also shows an increase in stockpiles of gas and Diesel.  The same for PADD 2 (Midwest), as well as PADD 1 (East Coast).

Is a decrease in stockpiles in PADD 4 the cause of price increases across the country, while all other PADDs show increases in stockpiles?

Is it demand?  According to a recent report out of California, demand for fuel was down (again) for the third quarter of 2012. That claim is based on California fuel tax collections.

However, the USEIA says overall demand for gasoline, across the country, is up from the same time last year.  For 27 January 2012 demand was at 8.018 million barrels per day (MBpD).  As of 25 January 2013 demand was at 8.501 MBpD.  When you’re talking about MBpD that nearly 0.5 increase is a lot.

Now lets look at demand for Diesel.  There should be no reason for Diesel prices to be going up, because the USEIA data shows a slight drop in demand from the same time last year.  On 27 January 2012 demand was at 3.73 MBpD, while data for 25 January 2013 shows demand was at 3.72 MBpD.

So far I can’t find a reason for increasing gas and Diesel prices.  Overall demand is up for gas, but so is overall supply! Diesel prices should be going down, because overall demand is almost unchanged from last year, and overall supply is up from the month prior!  (PADD 4 supply is down, and I couldn’t find any USEIA demand data by PADD)

Regarding PADD 4 area.  Although prices are going up, they’re still considered the lowest on average for the whole United States.

Here’s another possibility for fuel prices going up:  In mid January a lot of U.S. refineries announced they were closing down for maintenance.  Perhaps the price increase is the result of fuel suppliers anticipating the reduced output from shut down refineries?

The following refinery shutdowns were reported back in January by Dow Jones Newswire: Texas City, Texas. Port Arthur, Texas. Borger, Texas. Martinez, California.  Wilmington, California. Los Angeles, California. Carson, California. El Segundo, California. Richmond, California. (remember what I said about California fuel regulations? so many refineries down without being able to ship in more fuel from out-o-state)  Kapolei, Hawaii. Trainer, Pennsylvania.

Warning for Californians: Phillips 66 is considering selling off its two California refineries! They blame increasing regulation by the Golden State, which is driving up the costs of operations. Currently Phillips 66 is the only U.S. oil company with refineries in all 5 PADD areas.  British Petroleum (BP) is also selling off a California refinery, along with the ARCO brand and a refinery in Texas.

 

Oil & Gas Prices: Russian Gasoline exports making big money, Russia imposes big fuel tax! How would you like to pay as little as $2.00 per gallon?

For the first time Russian export gasoline (petrol) sales are making more money that domestic sales.

Last week Russian export premium gasoline hit $1,050 per ton.  Domestically sold premium gas was at $970 per ton.  Russian fuel exports have also increased in volume.

Most of Russia’s exported refined fuels go to Commonwealth of Independent
States (CIS) members, but export customers also include Virgin Islands and Netherlands.

Interestingly, the surge in fuel exports comes even after Russia imposed a 90% customs tax!  Analysts say even with such an outrageous tax, Russian fuel exports are still profitable because of how high the price of oil is.

According to Russian media, the price of premium gasoline, in the CIS countries, varies from $4.00 per gallon in some parts of Russia, to as little as $2.00 per gallon in parts of Kazakhstan!  ($1.00 per liter in Russia, 50 cents per liter in Kazakhstan)

Oil & Gas Prices: Proof the Main Stream Media doesn’t have a clue

The following are headlines from the past 17 hours:

“OIL FUTURES: Crude Near Flat Ahead of Weekly Oil Data”-Fox Business

“Oil Fluctuates Before Report Projected to Show Crude Inventory Increase”-Bloomberg

“Oil Rises above $105 in Europe amid optimism US economy, demand will improve.”-Washington Post

“Oil Falls on Iran talks, economy worries”-Reuters

“Oil Slides to $106 on Global Growth Concerns”-NPR

 

Oil & Gas Prices to go up: Oil pipeline blown up in Syria, gas pipeline blown up in Egypt, oil pipeline explodes in Illinois, pipeline fire in Alaska, pipeline fire in Texas

March 5, 2012, pro-U.S. rebels blew up a major oil pipeline in Syria.  It happened in Deir al-Zor.

Deir al-Zor is an oil producing province bordering Iraq.  It has been under attack by rebels who are part of the loosely organized U.S./Israeli supported Free Syrian Army.

Also, a gas pipeline from Egypt to Jordan and Israel was blown up, for the 13th time since the January 2011 Egyptian Revolution.

Over the weekend, an oil pipeline was shut down after two cars crashed into the pipeline, causing an explosion.  The pipeline runs from Canada to Illinois. Two people were killed, three injured. Local Illinois police say it was a terrible car accident.

On March 1, British Petroleum (BP) reported a fire at one of its Alaskan operations. They said employees noticed a flame, then a loud bang at the Prudhoe Bay Gathering Center 2.   They don’t know what caused it.

In Texas, on March 2, three workers were injured by a fire on a Texas pipeline.  It’s being called a flash fire, caused when the workers were trying to repair an out of use pipeline.

On February 24, 2012, a Louisiana gas plant was closed indefinitely.  One employee was injured during a fire at the Basile plant.  The plant will re-open after an investigation.

Now realize that these kinds of things happen on a weekly bases, all around the World.  This proves the petroleum industry is not environmentally safe, is run by incompetents, is a main target of war, and it is the real reason oil and natural gas prices stay high.

 

Red Horse, Leviathan & World War 3: It’s about the Oil & Gas, huge reserves found off the coast of Cyprus, Gaza, Greece, Egypt, Israel, Libya, Lebanon, Turkey & Syria. The real reason for War with Iran!

“…its gas resources are bigger than anything we have assessed in the United States!”-Brenda Pierce, U.S. Geological Survey, statement about the Levant Basin Province (aka Leviathan)

The discovery of huge natural gas reserves in the Mediterranean Sea is the true cause of warmongering between the United States, Europe, Cyprus (which is divided into Greek and Turkish halves), Turkey, Syria, Lebanon, Israel, Iran and Palestinian Gaza Strip.

In 2009, Texas U.S.A. based Noble Energy (formerly known as Noble Affiliates, and not to be confused with Nobel Energy Management) discovered a huge gas field while under hire by Israel.  It was the biggest gas field discovery of 2009, called Tamar.

Image via Noble Energy.

In October 2010, Noble Energy discovered an even bigger gas field. Israel declared the area an Exclusive Economic Zone.  It’s part of an even bigger area known as the Leviathan Gas Field. The problem is that Lebanon says the field extends into its territory and on August 2010, almost two months before the second discovery by Noble Energy, petitioned the United Nations to protect their rights.

Lebanon’s Parliament Speaker, Nabih Berri, said Israel is “…ignoring the fact that according to the maps the deposit extends into Lebanese waters.”

Lebanon is justified, as Israel (along with the United States) never ratified the 1982 UN Convention on Law of the Sea.  Under that law Lebanon has a right to the gas, in the field called Tamar.

Israeli officials responded with threats of war: “We will not hesitate to use our force and strength to protect not only the rule of law but the international maritime law.”-Uzi Landau, Minister of National Infrastructure of Israel

Note how Israeli officials always make claims of enforcing international laws, yet they have refused to sign onto most of those laws!

In fact Israel periodically sends military aircraft into Lebanon’s air space, and even drops a few bombs now and again.

But, the Leviathan Gas Field doesn’t involve just Israel and Lebanon. In December 2011, NATO-Turkish warships began firing on an area of the Mediterranean where Cyprus had just discovered an extension of the Leviathan Gas Field.  Cyprus declared the area an Exclusive Economic Zone, it is also known as Block-12 of the Leviathan Gas Field.

Greek Cypriot officials issued not only words of war, but threats of Ethnic Cleansing: “If Turkey does not change its gunboat diplomacy and stop playing the part of regional police officer, there will be consequences which, for sure, will not be good, either for the whole region or the Turkish people and first and foremost for Turkish Cypriots.”-Dimitris Christofias, Greek President of Cyprus

For some reason the Western media has not reported much of anything about the disputes over the Leviathan Gas Field.

2011 was also the year that NATO-Turkey went from being Israel’s only ally in the region, to becoming an enemy.  Turkey officially blamed it on Israel’s blockade of humanitarian aid ships to Gaza, but it looks like it’s really about the gas.  By the end of 2011, Israel canceled a $90-million military contract with Turkey, because Israeli officials felt Turkey was after their portion of the gas field.

Israel has allied itself with Greek Cyprus, when it comes to extracting the natural gas.  While Noble Energy is officially a Houston, Texas, company, most of the company stocks are actually held by petroleum companies of Greek Cyprus (Cypriot national energy company) and Israel (Delek Drilling LP & Avner Oil Exploration LLP).

Noble Energy claims there is 33-trillion cubic feet of natural gas in the Leviathan fields, enough to provide Israel with 100 years worth!  In fact, the United States government is so interested that the U.S. Geological Survey (USGS) was sent in to confirm its size.

You might remember that, in 2011, for a short time it looked like Israeli-U.S. relations were deteriorating. Again, the Western media failed to report that U.S. officials told Lebanese officials that the U.S. supported their claim to the Tamar gas  fields!

The U.S. mended their relations with Israel, by taking a stand against Turkey’s desire to control a portion of Leviathan.  U.S. officials did this by supporting Israel’s new ally Greek Cyprus.

U.S. Secretary of State, Hillary Clinton, told the Greek Cyprus Foreign Minister, Erato Kozakou-Marcoullis, to go full bore on drilling their gas field.     Kozakou-Marcoullis told a crowd at the Woodrow Wilson International Center for Scholars that Turkey was “the neighborhood bully”, and that the United States was fully supporting Greek Cyprus (thus, in a round-a-bout way Israel) in their gas field operations.

February 16, 2012, Israeli Prime Minister Benjamin Netanyahu made a historic first time visit to Greek Cyprus.  He called the new alliance a “natural relationship”, and added:  “I came here to develop our bilateral ties, our economic ties and ties in the field of energy.”

Oh, but wait, Turkey now looks to be Israel’s ally again. In fact Turkey has switched from supporting Syria to supporting military action against Syria!   What happened?

Turkey has realized that by connecting a relatively short pipeline to Leviathan, they could potentially become self sufficient in natural gas, and maybe even oil.  This would end their current dependence on petroleum from the Black Sea (Russia, Romania), and make it no longer a necessity to connect to the planned pipeline coming from Iran.

What about NATO-Greece? Ever notice how this economic disaster just keeps dragging on? It could be because Greece is a transit rout for oil and gas pipelines coming from the Caspian Sea, and Middle East (namely Iran).  These so called bail out negotiations are more likely efforts to get Greece to join Leviathan.

The problem for Greece is that it would need a very long expensive pipeline to connect to the known gas/oil reserves of Leviathan, meaning it’s still cheaper to get their petroleum from the Middle East!  It’s also still cheaper to continue getting their petroleum from the Middle East, than to buy it from those countries (Israel, Cyprus, etc) that are planning to mine Leviathan for everything it’s got.

This is the real reason Greece is being run into the ground.

By the way, want to know what the USGS found when they explored the Eastern Mediterranean?  Potentially, 345-trillion cubic feet of natural gas, and 3.4-billion barrels of oil!!!

This sheds new light on the real reasons for the 2011 overthrow of the Egyptian and Libyan governments in North Africa!  The people of those countries were justified, but look what it’s got them; increasing instability in Libya, and a pro-U.S.-Israel military government in Egypt.

And what about the almost daily Israeli military attacks on the Gaza Strip, for the past two years, that the Western-NATO news-media is not reporting!?  The latest attack, on February 26, saw Israeli planes bomb a cement factory.  The week prior saw Israeli forces cut off electrical power to Gaza.  On and on.  Yet barely any mention in Western mainstream news-media.

What countries surround the Eastern MediterraneanCyprus, Gaza, Greece, Egypt, Israel, Libya, Lebanon, Turkey and Syria!!!

And what about this urgent need to go to war with Iran? It’s not about anything nuclear!  Lebanon & Syria (Eastern Mediterranean countries) and Iraq & Iran are a few years away from completing the largest natural gas pipeline in the Middle East.  It would rival anything that could be immediately extracted from Leviathan.

“A trilateral agreement between the three countries on the transit of gas has been reached….The first official contract is ready to be signed soon…We plan to transit gas from the South Pars field through Iraq, Syria and then Lebanon to the Mediterranean area and Europe.”-Javad Oji, National Iranian Gas Company

The pipeline from Iran could carry 110-million cubic meters of natural gas per day, for the next 80 years (Iran has the world’s second largest reserves of natural gas)!  If this was completed, then it would make developing the Leviathan (new drilling rigs, pipelines, etc) a waste of money.  And, the money made off the Iranian dominated pipeline would not be going to the West (ie no benefit to the U.S./U.K./Saudi Arabian U.S. PetroDollar monopoly)!

It would also destroy Israel’s hopes of finally joining the petroleum club.

The other factor, that has most of the European Union in favor of Leviathan (except Greece, by the way some NATO-German officials are now saying Greece needs to get out of the EU), is the fact that current eastern European pipeline projects are turning out to be more expensive than first thought.  So much so that some reports (including reports by British Petroleum [BP]) say it would be cheaper to dump those projects in favor of developing Leviathan.  But of course, that’s only if Leviathan didn’t have to compete with the huge pipeline coming from Iran.

In fact, as of February 26, Leviathan now has to compete with several gas lines coming from Iran. Iranian gas officials announced they are now building secondary pipelines to Iraq, Syria and on to Europe!

Because the Western media does not report what’s really going on regarding the recently discovered Eastern Mediterranean oil and gas fields, and only reports propagandist lies meant to rally people in support of unjust wars for the benefit of the oil industry,  it shows that the Western news media is a tool of deceit for the Red Horseman.

“Then another horse came out, a fiery red one. Its rider was given power to take peace from the earth and to make men slay each other.”-Revelation 6:4

Black Horse & Fuel Prices: United Kingdom to see record Diesel prices, not because of Iran oil embargo but because one of their refineries went bust!

…there before me was a black horse! Its rider was holding a pair of scales in his hand. Then I heard what sounded like a voice among the four living creatures, saying, “A quart of wheat for a day’s wages, and three quarts of barley for a day’s wages, and do not damage the oil and the wine!”

The International Monetary Fund (IMF) recently warned that a successful oil embargo against Iran could cause oil prices to jump by at least 30%.  But already Britons are being hit with record fuel prices, as fuel stations are running dry because a major oil refiner went bankrupt and stopped shipping out fuel!

In February, 2011, gasoline (petrol) prices in Britain hit at least $9.67 per gallon.  British media now reporting that diesel prices could pass 1.45 pounds per liter (that’s U.S.$8.60 per gallon), with the average diesel car, not truck, driver paying more than $156.00 for a fill up!

Back in 2010, diesel cars became the most popular vehicles in Britain, because diesel fuel was a little cheaper, per gallon, than gas. I say was, because in May, 2011, diesel fuel prices in the U.K. finally went higher than petrol.

Now, the giant Coryton fuel refinery in Essex, England, stopped fuel shipments on January 24, 2012.  Coryton’s Swiss parent company Petroplus filed for bankruptcy, as they fell victim to the ongoing credit crisis in Europe (you see capitalist corporations don’t operate with cash, they operate on loans, just like Mitt Romney).  13 banks, including Morgan Stanley, Deutsche Bank and BNP Paribas, froze Petroplus’s credit accounts (can someone please freeze the credit accounts of our capitalist leaders here in the U.S.?).

But just because they stopped shipping out fuel doesn’t mean they’re not making it.  In fact Coryton officials admit they’re now hording all the fuel they make: “Our immediate priority is to continue to operate the Coryton refinery and the Teesside oil storage business without disruption while the financial position is clarified and restructuring options are explored.”Steven Pearson, joint administrator

Now throw in the fact that fuel tanker drivers are on strike at another British refinery.  That strike is blocking supplies from getting to 340 fuel stations in Britain.  By January 26, 2012, filling stations in Britain began reporting they were out of fuel, after customers rushed to fill their cars when news of the fuel supply stoppage was heard.

“There is no doubt the loss of supplies from a major U.K. refinery, plus the problems in Iran, is going to give the speculators a field day. When they speculate, the only way is up as far as  fuel prices are concerned. Motorists are going to have to get used to seeing prices creeping up.”Edmund King, The Automobile Association

 

 

 

Government & Corporate Incompetence: Ohio suffering mass earthquakes, officials blame Fracking. Not the first time; Arkansas blamed Fracking on increased quakes back in July

“The earthquakes will trickle on as a kind of a cascading process once you’ve caused them to occur. This one year of pumping is a pulse that has been pushed into the ground, and it’s going to be spreading out for at least a year.”-John Armbruster, Columbia University’s Lamont-Doherty Earth Observatory

On New Year’s Eve, Ohio had a 4.0 quake.  It’s part of many quakes the state has suffered since March 2011.  Now state lawmakers are banning the energy industry’s practice of Fracking.

Energy companies inject chemically heavy water, under extreme pressures, deep into the ground.  It releases natural gas from shale. The gas is used mainly for the oil industry’s hydrogen cracking process, which makes fuels cleaner burning.

For a long time it’s been claimed that fracking pollutes underground water sources, but the industry has successfully fought off such claims.  Another claim is that it could cause earthquakes.

Now, seismologists with the U.S. Geological Survey have testified to Ohio officials that the state’s unusual quake activity is directly related to fracking wastewater injection.

In July, the Arkansas Oil and Gas Commission banned  fracking wastewater injection, because of increased earthquake activity.

Energy companies doing the fracking are taking their wastewater and injecting it deep into underground sand deposits, to get rid of it.  Scientists say the problem is that the companies have overshot the underground sand beds, and are basically pressurizing fault lines.