Tag Archives: u.k.

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?

 

International, Technology, U.S.

World War 3: Sudden increase in U.S. Assassination Terror Drone attacks, more than 50 people killed in past 24 hours, Obama proves he is more a warmonger than Bush Jr

There seems to be a sudden increase in the use of U.S. terror drones (UAV, unmanned aerial vehicle); four attacks in a 24 hour period, killing more than 50 people.

On March 10, 2012, at least four Afghan civilians were reported killed after a U.S. drone strike in Kapisa Province, Afghanistan.

In Yemen, on March 9, 2012, local security forces say a drone strike killed as many as 35 people.   It happened in the south eastern province of al-Bayda.  Then in the early morning of March 10, security forces reported yet another U.S. drone strike in the same area, this time killing at least 10 “militants”.  The people of Yemen have been fighting a Revolution against the U.S. supported government for at least two years now.

In Pakistan, conflicting reports about a drone attack there.  On March 9, 2012, officials said two missiles from a U.S. drone hit a vehicle, killing between eight and 13 militants.  Western reports say the militants would not let anyone get near the bodies, but, regional media said one of the missiles hit a house, killing another seven people.  It happened in South Waziristan Province.

According to Agence France-Presse, there were at least 45 U.S. drone attacks in Pakistan in 2009, 101 in 2010 and 64 in 2011.

Counting the March 9 attack, there have been eight known U.S. drone attacks in Pakistan, since the beginning of 2012.

The Bureau of Investigative Journalism says at least 3,000 people have been killed by U.S. terror drones, in Pakistan, in the past eight years.   Under the Bush Jr administration there were 52 drone attacks in Pakistan.  So far, Peace Prize winning Barack Obama has launched more than 360 U.S. drone attacks in Pakistan!!!

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

Oil & Gas Prices: Iraq increases oil production, North Dakota #3 oil producer, latest increase in oil prices blamed on Iran & Greece

The Iraqi government owned South Oil Company said they are about to increase oil flow from a new floating oil platform in the Persian Gulf.

The new platform is one of four to be built by an Australian company.  Each platform can flow 22,000 barrels per day.  Recently the Iraqi government said their oil production hit three million barrels per day.  This backs up the CEO of Exxon Mobil who said there is plenty of oil in the supply system.

Another proof of plenty of oil in the system; North Dakota has passed up California, as the number three oil producing state in the U.S.

Most of the oil in North Dakota comes from the controversial fracking of shale oil.  In January 2012 North Dakota’s oil production hit 546,500 barrels per day. That’s a 59% increase from January 2011!  By the way, crony capitalist Mitt Romney has hired a CEO, of one of the companies working the oil fields in North Dakota, to be his energy adviser.

Western media blaming recent increase in oil prices on Greek bailout news.  They say prices went up because (once again) a new deal has been reached, on the old deal.  It’s strange ’cause the media sometimes blames an oil price increase on the Greek deals being held up or falling through.

By the way, the Western media hasn’t really explained why the so called Greek debt problem is affecting oil prices.  Greece is not a oil producing country, and they don’t use that much petroleum compared to bigger European countries. In fact, Greece gets a lot of oil from Iran.  Maybe that’s it, they don’t want to play the sanctions game, along with my speculation about their non-compliance with Leviathan.

Western media also blaming reduction of Iranian oil bound for Europe on the price increase.  One Western source even said it was proof the oil sanctions against Iran are working.  One problem with that; Iran says they’ve made up for their cuts (note: “their” cuts, not the sanctions imposed by U.S./Europe) to Europe by increasing sales to other countries.  So who’s really getting hurt by those sanctions?

 

 

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

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

 

International, U.S.

World War 3: Afghans kill 6 U.K. troops, Dozens of Afghans detained for ‘suspicion’ of being Taliban, Afghan border police killed

March 7, 2012, British Ministry of Defense officials say six of their troops were killed in Helmand Province.  The Red Coats were patrolling in their vehicle when they were hit by an explosion.

In Kandahar Province, Afghan border police were hit by a suicide bomber: “There was a motorbike bomb blast against border police in Spin Boldak. Four civilians, one of them a woman, were killed and 10 others were injured.”-local police statement

As is usual in suicide attacks against Afghans, no one is claiming responsibility. One reason could be that it is not “Taliban” insurgents who’re carrying out these attacks, because they are usually quick to claim responsibility in other attacks.

Also, Afghan government officials reported a major operation involving U.S./NATO/ISAF forces: “The Afghan National Police, Afghan army and International Coalition Forces launched 11 joint operations in Nangarhar, Kunduz, Kandahar, Helmand, Wardak, Khost, Ghazni, and Logar provinces over the past 24 hours. As a result of these operations, four armed militants were killed and 31 others were arrested.”-Interior Ministry statement

The overwhelming number of people arrested, were detained simply for being “suspected” of being a militant, or being a “facilitator” for militants (something that can now be done here in the U.S. under NDAA 2012).

 

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

Government Evil: New evidence suggests Libya not involved with Pan Am Lockerbie bombing! Gaddafi was innocent?

“It is now absolutely clear this fragment was not from a timer we delivered to Libya. We told the police in 1999 this was the case but they would not believe us. We lost our company and had to pay a big damages claim.”-Edwin Bollier, former boss of Swiss company Mebo

In 1988, Pan American flight 103 went down over Lockerbie, Scotland, after an explosion.  Libya’s Muammar Gaddafi was blamed for ordering the bombing.

The blame was based on ‘evidence’ from a timer used on the bomb.  Now the Scottish media reporting that new evidence says otherwise!

During the Lockerbie trials, prosecutors claimed the flight 103 bomb used a MST-13 timer, made by a Swiss company called Mebo.  The prosecutors produced documents that showed that Libya bought 20 of the timers.  The Swiss company Mebo went bust as a result of the trial.

Now, almost 24 years later, the former owner of Mebo, Edwin Bollier, says that since at least 1999 there’s been evidence that the timer used in the flight 103 bombing was not one of Mebo’s.

Not only does the evidence open the doors for Bollier to sue the British government, but it casts doubt on the prosecution’s claim that Libya was behind the bombing.

In fact the author, John Ashton, who wrote the biography on the Libyan who was convicted of the bombing (Abdelbaset Ali Mohmed al Megrahi), said the timer could not have been made by Mebo, because of the way it was constructed.

Regarding Megrahi; he never took the witness stand during the trial, and the British government allowed him to come to the U.K. without a passport or other documents.  John Ashton based his book on the never been published 800 page Scottish Criminal Cases Review Commission report.  Ashton got the report after years of legal wrangling.

It looks like another case of the U.S. and U.K. setting events up to justify international murder (war)!

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

Oil & Gas Prices: EIA says oil supply to drop, Jordan cancels contract with Egypt, North Sea Oil near record high price, Canadian oil prices crashing blame North Dakota

March 6, 2012, the U.S. Energy Information Administration (EIA) said oil supply will drop.  This is due to disruptions affecting non-OPEC countries.

This is probably the cause of increased fuel prices, but wait, there’s more!  The EIA also says U.S. demand for petroleum is also going down.  In fact, demand in the United States is at a 15 year low!

That decrease in U.S. demand is being offset by increased demand around the World. Also, the EIA says oil transportation problems in the U.S. Midwest will keep oil prices above $103 per barrel, into 2013!

Speaking of oil disruptions, Jordan announced that because of continued attacks on the natural gas line coming from Egypt, they will be forced to look elsewhere for natural gas: “It would be great if Egypt can prove they can secure the pipeline, but it is clear that Jordan can no longer rely on Egyptian gas.”-Qutaiba Abu Qoura, Jordanian Minister of Energy and Mineral Resources

For oil coming out of the ocean east of United Kingdom, North Sea oil prices spiked on March 6.  The reason is production delays for Asian customers.  It’s called Forties Crude, and hit $1.80 per barrel over the price of Brent Crude (which is about $20.00 per barrel over the price of U.S. Crude).

In September 2011, Forties Crude hit a record $2.05 over the price of Brent Crude.

Reuters estimates that Forties Crude pumping has dropped about 10,000 barrels per day since February 2012.  Reuters analysts think this is due to production problems.  In any case it only helps their price go up!

Canadian oil is dropping in price. According to reports out of Canada, their oil is losing value because there is now too much Canadian oil being pumped into the United States!  In other words too much supply.  So why are fuel prices in the United States going up?

Pipelines coming from Canada are rapidly filling up, and will soon be backed up with too much oil. Another factor in Canadian oil losing value; North Dakota!

Analysts with Cenovus Energy say North Dakota is now pumping out 400,000 extra barrels of oil everyday!

Again why are fuel prices going up then?  The U.S. EIA says all that oil from Canada is getting “bottlenecked” in the U.S. Midwest, because of oil transportation problems.  This is why the Canadians wanted the Keystone XL pipeline.  But, U.S. oil man Barack Obama is blocking the proposed Keystone XL pipeline.

Canadians are hoping that getting their oil to more refineries would help bring up revenues: “…clearly not going to be a good quarter. Between blowouts in heavy pricing, blowouts in synthetic oil pricing, weak natural prices, it’s across the board. The only thing that’s working, really, is downstream.”-Andrew Potter, CIBC World Markets

So how much is Canadian oil? Western Canadian Select Crude is currently about $34 less per barrel than U.S. Crude (aka West Texas Intermediate).  Canadians expect their oil prices to continue downward until mid 2013.

 

 

 

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.

 

Business/Economics, International, U.S.

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.

 

International, U.S.

World War 3: Japan reveals plans to airlift their citizens out of Iran!

Japan’s Self-Defense Forces have just revealed plans to evacuate Japanese citizens living in Iran!

On March 5, 2012, Defense Minister Naoki Tanaka made the statement in a Diet (parliament) session.

He said they are prepared to use C-130 transports, along with aerial refueling tankers, to “rescue” Japanese stuck in Iran, in case of “emergency”!

According to official Japanese numbers, there are about 700 Japanese citizens living in Iran, many are married to Iranians.