(THIS ARTICLE IS COURTESY OF INDIA’S HINDUSTAN TIMES)
Decision on oil purchase after Lok sabha polls, India tells Iran
The US decision to end exemptions to sanctions on Iranian oil imports on May 2 has hit India.
BUSINESSUpdated: May 14, 2019 23:46 IST
Rezaul H Laskar
Hindustan Times, New Delhi
Tehran was among New Delhi’s top three energy suppliers, providing 23.6 million tonnes of oil last year, or about 10% of the country’s energy needs.
External affairs minister Sushma Swaraj informed her Iranian counterpart Javad Zarif on Tuesday that a decision on purchasing Iranian oil in the face of US sanctions will be made after the conclusion of India’s general election, people familiar with developments said.
Iranian oil exports and Tehran’s approach to recent developments in the region, including tensions between Iran and the US over the Joint Comprehensive Plan of Action (JCPOA), or the Iranian nuclear deal, figured in the discussions between Zarif and Swaraj.
Zarif arrived in New Delhi late on Monday for a previously unscheduled visit to lobby for India’s support against the backdrop of the Iran-US tensions. He last visited India in January, and the current trip was organised at short notice at Zarif’s request, the people cited above said.
When Zarif raised the purchase of oil from Iran, Swaraj reiterated India’s position that a decision will be made after the general elections while keeping in mind the country’s “commercial considerations, energy security and economic interests”, the people said.
The US decision to end exemptions to sanctions on Iranian oil imports on May 2 has hit India. Tehran was among New Delhi’s top three energy suppliers, providing 23.6 million tonnes of oil last year, or about 10% of the country’s energy needs.
The sanctions were imposed after President Donald Trump unilaterally withdrew the US from the 2015 nuclear deal between Iran and world powers.
Zarif briefed the Indian side on Iran’s approach to developments in the region, including on JCPOA, and also reviewed bilateral cooperation.
The outreach to India, he explained, was part of Iran’s consultations with key countries, including Russia, China, Turkmenistan and Iraq, over the past few days.
The impact of the sanctions on Iranian oil exports, the country’s main revenue earner, prompted Tehran to threaten last week that it would roll back its compliance with the nuclear deal.
Zarif referred to President Hassan Rouhani’s announcement on May 8 about Iran keeping larger amounts of enriched uranium and heavy water, instead of exporting the excess as required under the JCPOA. He also mentioned the 60-day timeline given to the EU3 (France, Germany, the UK) and other parties to the JCPOA (China and Russia) for restoring oil exports and banking channels.
The Indian side, the people said, reiterated its position that New Delhi would like all parties to the JCPOA to continue to fulfil their commitments and engage constructively and resolve issues peacefully through dialogue.
Both sides expressed satisfaction at the operationalisation of an interim contract between India Ports Global Limited (IPGL) and Iran’s Ports and Maritime Organization (PMO) for the development Chabahar port. They also discussed Afghanistan and agreed to “maintain close coordination on the evolving situation”, the people said.
The Trump administration is considering auctioning off Florida’s coastal waters for oil and gas drilling — and Republicans are warning it could cost the president dearly in Florida in the 2020 election.
An industry lobbying offensive has put it on the cusp of achieving its holy grail: access to the resource-rich eastern Gulf of Mexico. The idea is so politically toxic in Florida that past presidents haven’t even entertained it. But behind the scenes, oil and gas interests are appealing to Trump’s desire to turbocharge U.S. energy production, including his past openness to drilling off the Florida coast.
The president and his top advisers haven’t yet weighed in on the plan taking shape inside his Interior Department. But giving it the green light would be tantamount to a declaration of war on his second home state, given the uniform opposition from Florida Republicans, including prominent allies like Sen. Rick Scott, Gov. Ron DeSantis and others.
“He would have a price to pay for that,” Rep. Ted Yoho (R-Fla.), a staunch Trump supporter, told POLITICO.
Industry representatives have said a plan has been imminent since last fall, but many expect the Interior Department is waiting for the Senate to confirm acting Secretary David Bernhardt to fill the agency’s top slot before formally releasing the draft. Senate Majority Leader Mitch McConnell filed cloture Monday on Bernhardt’s confirmation, teeing up a vote this week.
Multiple oil and gas industry sources told POLITICO that the eastern Gulf, along with the Atlantic coast, are included in the administration’s current five-year off-shore drilling proposal, which hasn’t yet been released. The deliberations surrounding that plan are occurring mostly at Interior between lower-level policy aides who are being lobbied by industry representatives, they said.
The administration’s position was muddied when former Interior Secretary Ryan Zinke held an elaborately staged Jan. 2018 meeting with Scott, then Florida’s governor, to declare the state wouldn’t be on the drilling map. The announcement was seen as a favor to boost Scott’s electoral fortunes in his ultimately successful challenge against Democratic incumbent Bill Nelson, who tried to use environmental issues to separate himself from the Republican challenger.
In reality, Trump was upset by the announcement. People familiar with his reaction said Zinke’s statement came without White House approval and contradicted the administration’s “energy dominance” message.
Both parties in Florida oppose offshore drilling. Memories of the 2010 Deepwater Horizon oil spill, which sent tarballs ashore in Florida, bring fears of a future spill damaging the state’s fisheries and tourism. Many in the state also say drilling would conflict with military exercises in the area.
Bernhardt has stayed mum about what’s in the offshore leasing proposal, remarking in a March 28 confirmation hearing that the department is at “step one” of the process. Several industry sources disputed that, though, saying the plan is nearly complete.
“For all intents and purposes, it’s done,” said an industry lobbyist familiar with the plan.
But the senior political officials charged with protecting Trump’s electoral prospects haven’t yet focused on the drilling plan, said a source close to the president who met recently with members of Trump’s energy policy team.
The White House referred a request for comment to the Interior Department. An agency spokesperson did not immediately reply to questions about whether the eastern Gulf of Mexico would be included in any draft plan. Bernhardt said at his nomination hearing that the latest draft plan hadn’t reached his desk.
Offshore drilling is broadly unpopular in Florida. A Quinnipiac University poll of Florida voters released March 13 showed 64 percent oppose the practice. Republicans, though, supported it by a 54-38 percent margin. A ballot measure banning oil and gas development in state waters passed overwhelmingly in November.
“I’m going to do everything I can to make sure Florida remains off the table,” Scott told POLITICO in an interview earlier this month. “I’ve been very clear to let the White House know where I stand. This is very important to me.“
The draft plan from Interior’s Bureau of Ocean Energy Management would have to go through a comment period, giving the Trump administration another chance to rewrite it before finalizing. It does not need to pass Congress.
The current plan includes a “buffer” to keep rigs at least 100 miles from Florida’s shoreline, according to industry representatives. They said they plan to present Trump with several options for each of the major regions to be covered under the plan, including the mid-Atlantic and Pacific.
“They can put the plan out and if it doesn’t go over very well, this isn’t the final version, so they can just pull it back,” said an oil-and-gas industry source, who added that industry is trying to figure out how close it can get to Florida without inviting backlash. Former President Barack Obama, for example, offered the eastern Gulf of Mexico with a 125-mile buffer before implementing a seven-year ban following the Deepwater Horizon disaster, though Congress already had imposed a moratorium on drilling in waters closest to Florida until 2022.
Florida lawmakers from both parties have signed numerous letters rejecting offshore drilling, no matter how far from the state’s shoreline. Many also have pushed back on what’s known as seismic testing, a precursor to drilling that involves blasting sonar from boats toward the seafloor to search for buried oil and gas deposits. Both chambers of the state legislature are moving resolutions rejecting offshore drilling in the Gulf.
“We don’t want to see any of it in the Gulf, I don’t want to see any of it on the Atlantic side, which is where I represent,” Rep. Brian Mast (R-Fla.) told POLITICO. “We’re not looking for Deepwater Horizons off of Jensen Beach, Miami Beach, Fort Lauderdale Beach, Fort Pierce Beach, and we don’t want to see it out there in the Gulf.”
Even DeSantis, whom Trump endorsed in a crowded Republican primary last year, signed an executive order in January committing the state’s Department of Environmental Protection to “adamantly oppose” offshore drilling. Pressure on Republicans to oppose drilling has only grown since DeSantis was elected in November, as Democrats have homed in on fighting climate change.
“It seems hard to believe that the administration would move forward with drilling off the coast of Florida less than two years before a presidential election,” said Alex Conant, a partner at Firehouse Strategies and former aide to Sen. Marco Rubio (R-Fla.). “It would certainly be an issue that Democrats would try to use against [Trump] throughout the state.”
(THIS ARTICLE IS COURTESY OF THE SAUDI NEWS AGENCY ASHARQ AL-AWSAT)
OPEC Warns of Oil Surplus in 2019
Wednesday, 14 November, 2018 – 10:45
A worker checks the valve of an oil pipe at Nahr Bin Umar oil field, north of Basra, Iraq. Essam Al-Sudani | Reuters
London – Asharq Al-Awsat
OPEC sees demand for its own crude falling even faster than expected in 2019 as a slowing global economy crimps demand and rival supplies surge.
For 2019, demand will likely grow by 1.29 million barrels per day to 100.08 million bpd — some 70,000 million barrels per day less than in the September report. Meanwhile, the cartel now sees the output from non-member nations increasing by 2.23 million bpd next year, up 120,000 bpd from its last forecast.
“Although the oil market has reached a balance now, the forecasts for 2019 for non-OPEC supply growth indicate higher volumes outpacing the expansion in world oil demand, leading to widening excess supply in the market,” the group wrote.
“The market now increasingly looks concerned about the prospects of too much supply,” said Norbert Ruecker, head of commodity research at Swiss bank Julius Baer.
“Hedge funds and other speculative money have swiftly changed from the long to the short side,” he added.
Saudi Minister of Energy, Industry and Mineral Resources Khalid al-Faleh said Monday that OPEC and its allies have agreed that technical analysis of the energy market shows a need to cut oil supply from 1 million barrels per day (bpd) from October levels.
“Hopefully, Saudi Arabia and OPEC will not be cutting oil production. Oil prices should be much lower based on supply!” US President Donald Trump wrote on Twitter.
Nigeria Increases Output
Nigeria will raise its crude oil production to 1.8 million bpd in 2019 from around 1.6 million bpd currently, head of the Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Baru told Reuters on Tuesday.
Baru added that the country currently produces 1.6 million bpd of oil and 0.4 million bpd of condensate.
“The expected deals are to be signed this month. We are almost done,” he stated. The NNPC boss hinted that the corporation could also sign crude-for-product agreements with Shell and ExxonMobil.
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From the moment he laid his stubby hands on that glowing orb in Riyadh, Donald Trump signaled to the world what kind of leader he aspired to be. Bathed in a spectral light, standing alongside the Saudi King Salman and the Egyptian dictator, Abdel Fatah al-Sisi, the man formerly known as the leader of the free world smiled with self-satisfaction that he had arrived at his chosen destination.
Despite the object’s likeness to the orb of Saruman, this was no secret society of evil wizards. Instead, it was a brazenly open society of corrupt old men with a clear disregard for the rule of law, if not a cruel desire to brutalize their opponents.
The fact that they were standing in the Global Center for Combating Extremist Ideology was either an exercise in paper-thin deception or some kind of sick joke. It’s hard to express your disgust at Isis beheadings, as Trump has done, but feel nothing about the Saudi beheadings of 48 people in just four months this year.
Then again, we’re talking about Donald Trump’s feelings and his limitless capacity to lie. Of course it’s possible to condemn the “bloodthirsty killers”of Isis at the UN, and praise the “unbelievable job” of the death squads of President Duterte in the Philippines. He’s Donald Trump, a bear of very little brain who convinced himself that someone in China thinks he has a “very, very large brain”.
As a self-certified genius, Trump now finds himself in something of a Saudi pickle. The supposedly reformist crown prince Mohammed bin Salman was supposed to help him clean up the world by taking on Tehran. But Saudi Arabia can’t even clean up an Istanbul consulate after their own goons are alleged to have hacked to death a single troublesome journalist.
First Trump promised “severe punishment” for those responsible for Jamal Khashoggi’s death, albeit punishment that didn’t harm any arms contracts the Saudis were interested in. No matter that the Saudis can’t easily substitute another country’s weapons after spending gazillions of dollars on US ones. This commander-in-chief obviously knows his arms from his elbows.
Then Trump spoke to the crown prince, who pinky-promised he had nothing to do with the 15 men identified by the Turkish media as belonging to a grisly hit-squad, which reportedly included an autopsy specialist carrying his own bone saw. So the 45th president of the United States gullibly and dutifully bleated something about “rogue killers” and “very, very strong” denials. In what is surely a remarkable coincidence, Saudi sources leaked word that they were preparing to admit the killing, but insisted it was an interrogation that went wrong.
Interrogations tend to go wrong when they include someone armed with a bone saw.
To clear up this most unfortunate dismemberment, Trump sent his trusted former CIA chief, now the secretary of state, Mike Pompeo, on a fact-finding mission to Riyadh and Ankara. Pompeo’s approach to the facts was hardly inspiring. “I don’t want to talk about any of the facts,” he said. “They didn’t want to either, in that they want to have the opportunity to complete this investigation in a thorough way.”
That would be an investigation by the crown prince into his own security detail inside his own consulate. Naturally, these things can take time. People are busy. Consulates are hard to find. Word from the palace takes time to write down on parchment scrolls.
Oh yes, and there’s this other thing we need to remember, Pompeo explained: money.
“I do think it’s important that everyone keeps in mind that we have a lot of important relationships – financial relationships between US and Saudi companies, governmental relationships – things we work on together all across the world. The efforts to reduce the risk to the United States of America from the world’s largest state sponsor of terror, Iran.”
If you’re thinking Trump himself is compromised by Saudi money, why, that’s no more true than the notion that he’s compromised by Russian money. But don’t take my word for it, take his.
“For the record, I have no financial interests in Saudi Arabia (or Russia, for that matter),” he tweeted, dismissing anything to the contrary as so much fake news. This is a touch embarrassing for the Donald Trump who told an Alabama rally in 2015 that he loved doing business with the Saudis. “They buy apartments from me,” he said. “They spend $40m, $50m. Am I supposed to dislike them? I like them very much!”
Of course, you’re only supposed to dislike the ones carrying the bone saws.
The Trump administration is not the first to bow and scrape to the Saudi power of oil and cash. But it is the first to surrender all pretense of upholding democracy and human rights – commonly known as American values – while making pathetic excuses for what is widely accepted to have been a barbaric murder. What is the moral difference between Iran sponsoring Hezbollah and the humanitarian disaster triggered by the Saudi attacks and blockade in Yemen?
They deserve one another, the house of Saud and the house of Trump. One is hotheaded enough to bomb Yemen into oblivion and blockade Qatar. The other is hotheaded enough to blow up historic alliances and international trade. Both have managed to look weaker by straining to look stronger.
Their incompetence is only matched their greed; their grand visions of global leadership look as genuine as Jared Kushner’s Middle East peace plan, or the official Saudi investigation into what happened to Khashoggi.
Like all pathological liars, they now find themselves caught in their own web of deceit and delusion. The crown prince was never a reformist, just as the reality TV star was never going to drain the swamp.
No number of expensive Saudi lobbying contracts will wash away the bloodstains. And no amount of Trump’s crazy-sounding tweets – about porn stars or Pocahontas – will distract from his disastrous undermining of American values. Like the catchphrases of an old standup comedian, Donald Trump’s stage act is losing its power to shock and awe.
After a couple of days of pesky questions about whether his friends decapitated a journalist, Trump had reached the limit of his very, very large brain. “Here we go again with, you know, you’re guilty until proven innocent,” he told the Associated Press. “I don’t like that. We just went through that with Justice Kavanaugh and he was innocent all the way as far as I’m concerned.”
If you’re still looking for an illustration of how the rule of law collapses, here’s one straight from the horses mouth. The bone-saw-wielding Saudis are as innocent as our own supreme court justice. At this point, a good lawyer might rest her case because this sucker just can’t stop talking.
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If The Saudi’s Killed A Journalist: So Now What? Answer, Nothing
In this article today I am not trying to be cold-blooded or hate filled, I’m trying to be honest. Here in the States you have your typical politicians like Lindsey Graham wagging their tongues about “there will be hell to pay if the Saudi government killed this man.” I almost never side with Donald Trump but I do sort of agree with him on this issue. Reality is that many governments kill people every year. How many Journalist’s die in the line of duty every year? The Organization Reporters Without Borders says that 65 Reporters were killed in the line of duty in 2017 plus many more were imprisoned. He was not a Reporter but do you remember the American college kid who tore down a poster in North Korea and spent a year or so in one of their prisons only to be sent back home in a coma where he died a couple of weeks later? Folks, nothing real happened to North Korea because of this because mans murder. Mr. Trump was trying to strike a deal with N.K. President (Dictator) Kim Jung Un to get rid of their Nuclear Weapons. Which was/is more important, one life, or not having a thin-skinned ego maniac with is finger on a Nuke button? By the way, I am speaking of Mr. Kim, not the one that is in Our White House.
Now, let us get back to the murder of the Saudi/American Journalist who was murdered inside the Saudi Embassy in Turkey. Here are some realities for us all to think about. Mr. Trump is under pressure to cancel a multi-billion dollar weapons deal with the Saudi government because of them killing this man. Would this action by our President be a wise decision? Would it teach “them” a lesson? My answer is no, it would not. In fact if anything it could/would shift the balance of power on this planet. Here is why I am saying this. First it would shift the Saudi government toward the Chinese. If we do not sell these weapons to the Saudi’s the Chinese would be falling all over themselves to sell weapons to the Saudi government. Honestly I believe that it would be the Chinese and not the Russians who would fill the gap because the Russian government has aligned themselves with the Shiite Nations, mainly Iran and as you know, the Sunni Saudi’s are the enemy of Shiite Islam. China and Russia are allies of each other so it would be more crushing to the U.S. if China filled our void. Plus there is the reality that canceling this contract would put many American workers out of a job which would be felt in the voting booth next month.
Think about these things please, what if the Russians and the Chinese governments held complete sway over all of the Middle-East, over all of OPEC? What if China grew close to the Saudi Royal Family by such things as massive weapons sells? China is already building the largest refinery in the world in the Saudi Kingdom. If the U.S Government steps away from the Saudi Royal Family how long will it be before the Saudi’s decide to take their oil off of the dollar standard and put it on the Chinese Yen? If the Saudi’s did this I am sure that the rest of OPEC and the Arab world would very quickly follow suite. Think about it, the dollar not being the “world standard” currency. What if OPEC decided to only take the Yen as trading currency, and decided to either not sell any oil to the U.S. at all, or if they did, only at twice or three times the market rate? What would this do to the U.S. economy, to your job, to your living standard? In 2008 during that “depression” the U.S. economy backed off about 2%, what would things here in the States look like if our economy fell off by 10, 15 or 20%? I am just trying to be honest, I don’t like many realities in our world yet if we decide to change some of the current realities, we must be very careful about the new realities that bloom.
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(THIS ARTICLE IS COURTESY OF THE SAUDI NEWS AGENCY ASHARQ AL-AWSAT)
China Criticizes Iran for Threatening to Block Hormuz Strait Oil Shipments
Friday, 6 July, 2018 – 09:15
Trading shows and ships are docked on the Arabian Gulf waters near the town of Khasab, in Oman. (AP)
China condemned on Friday Iran for threatening to block oil shipments through the Strait of Hormuz.
Iran should make more effort to ensure stability in the Middle East and get along with its neighbors, said Chinese Assistant Foreign Minister Chen Xiaodong.
He made his remarks during a news briefing ahead of a major summit between China and Arab states that kicks off in Beijing next week.
Iranian President Hassan Rouhani, Iran’s Revolutionary Guards and some senior military commanders have threatened to disrupt oil shipments from the Gulf countries if Washington tries to strangle Tehran’s oil exports.
Carrying one-third of the world’s seaborne oil every day, the Strait of Hormuz links Middle East crude producers to key markets in Asia Pacific, Europe, North America and beyond.
Asked about the Iranian threat to the strait, Chen remarked that China and Arab countries had close communications about Middle East peace, including the Iran issue.
“China consistently believes that the relevant country should do more to benefit peace and stability in the region, and jointly protect peace and stability there,” he added.
“Especially as it is a country on the Gulf, it should dedicate itself to being a good neighbor and co-existing peacefully,” he continued. “China will continue to play our positive, constructive role.”
Ministers from 21 Arab countries are attending the summit, as well as Kuwaiti Emir Sheikh Sabah Al-Ahmad Al-Jaber al-Sabah. Chinese President Xi Jinping will give the opening address on Tuesday.
The United States Navy vowed on Thursday to protect oil routes and international navigation in the Hormuz Strait in wake of Iran’s threats.
“The US and its partners provide, and promote security and stability in the region,” Central Command spokesman Navy Captain Bill Urban said in an email to Reuters.
Asked what would be the US naval reaction if Iran blocks the strait, he said: “Together, we stand ready to ensure the freedom of navigation and the free flow of commerce wherever international law allows.”
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(THIS ARTICLE IS COURTESY OF THE BRAZILIAN NEWS PAPER 247)
LÓPEZ OBRADOR, THE MEXICAN LULA, HAS A LANDSLIDE VICTORY
Andrés Manuel López Obrador, the candidate who represents the popular and nationalist camp in Mexico, will have a consecrated victory in Mexico on Sunday; besides taking the presidency of the Republic, with about 49% of the votes, its coalition must win the elections in six of nine states; one of the axes of its campaign is the defense of Mexican oil for the Mexicans – and not for the international oil companies
247 – Andrés Manuel López Obrador, the candidate who represents the popular and nationalist camp in Mexico, will have a consecrated victory in Mexico on Sunday. In addition to taking the presidency of the Republic, with about 49% of the votes, according to polls, his coalition must win the elections in six of nine states. One of the cornerstones of his campaign is the defense of Mexican oil for Mexicans – not for international oil companies. Obrador, who is considered the ‘Mexican Lula’, wins in his third attempt and was the target of an intense negative campaign of conservative means. However, since Donald Trump assumed the presidency of the United States and promised to build a border wall that would be paid by the Mexicans, anti-American sentiment helped leverage his campaign.
See below, article by Leonardo Attuch, editor of 247, on the opposing paths traveled by Brazil and Mexico:
Brazil and Mexico, facing each other on Monday in a quarter-final spot at the World Cup in Russia, are practically opposing situations in politics and economics. There, hope can defeat the fear and nationalist politician Andrés Manuel López Obrador, who is called ‘Mexican Lula’, has a good chance of winning the presidential election scheduled for Sunday. Here, former President Luiz Inacio Lula da Silva, who represents the hope of better days for the majority of the electorate, is still imprisoned in a cold cell in Curitiba.
The success of AMLO, as López Obrador is called, and Lula’s tragedy goes through a central issue: the dispute over natural resources and the struggle for sovereignty. In Mexico, the core of the AMLO campaign is the defense of Mexican oil for Mexicans. For decades, the country was plundered and General Porfirio Diaz (1830-1915), who ruled the Mexicans for more than thirty years, coined a phrase that was engraved in the national soul. “Poor Mexico: so far from God and so close to the United States.”
In the Mexican model, oil is exploited in the form of a concession by large US multinationals, such as Exxon and Chevron, and exported as crude oil to refineries located in Texas. Then, in the form of derivatives, it is imported by Mexicans. The result is a trade surplus of US $ 15 billion a year from the United States in energy trade between the two countries. While Mexicans sell the raw material, Americans export diesel and gasoline, with higher added value.
For this reason, AMLO proposes the end of the exploratory investments in the Gulf of Mexico under this model of concessions and defends the construction of refineries in Mexican territory. Nothing very different from what Brazil intended to do after the discovery of the largest oil reserves located in the 21st century, which are precisely in the pre-salt.
However, the Brazilian development project was abruptly discontinued. So the president deposed Dilma Rousseff and Petrobras were spied on by the NSA, the intelligence agency of the United States, in the administration of Barack Obama. Shortly afterwards, conditions were created for the overthrow of Dilma, the delivery of the pre-salt and the imprisonment of Lula, whose arrest, according to Minister Marco Aurélio Mello, is unconstitutional.
Under normal conditions, the United States would hardly accept the victory of a nationalist politician like AMLO in Mexico. However, as they have found a much more valuable treasure in Brazil, generously yielded by an elite entrant, perhaps the replacement of Gulf of Mexico oil by the pre-salt is paying off. In the Cup, Brazil is always favorite against Mexico. But in the struggle for sovereignty the Mexicans are winning a thrashing.
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Why Is The American Government Committing Treason Against Every American
There are going to be some folks who will be mad at me for insinuating such a thing about our government, some will call me unpatriotic for saying such a thing. Well, honestly, I think that the vast majority of the American People aren’t quite as naive as we were 50 years ago, or even say, one year ago. I know that I am not the wisest human being to ever walk this planet but I have spent most of my 60 plus years trying to pay attention to reality. We all know by now that there are good and bad people in every profession. There are some professions that we all believe or joke about as being dirty whether it be so or not, like door to door magazine salesmen, used car dealers, bankers, insurance salesmen, NSA personnel, politicians, and oil executives. I have tried to always be completely truthful in everything I write on this site, always to the best of my knowledge and ability, and that is what I am going to do in this article.
Treason, yes treason, that is what I said. The first duty of any government is to keep its people safe. If they forsake this most basic vow, they are guilty of treason against their own people and this is what has been going on now for a very long time. Nothing this bad can last forever without horrible consequences and at any moment all of our lives can be changed in a flash. Back in 1980 I worked at a major U.S. oil company headquarters in Houston Texas in the executive protection field, I learned there just how easily major politicians can be bought and paid for with absolutely no regard for the welfare of the country by either the politician or the company. These actions I witnessed and heard sickened me to my core so I quit and moved many states away from that job. Some of the things I heard there would make you mad, sick, or just laugh at some of the pure stupidity and out of touch with reality they could be there in their ivory towers.
For many years I have traveled all over the United States many, many, times. I am going to tell you some of the things I have seen and that I know are absolute truth. When you travel through west Texas and you go through the Midland, Odessa area on interstate 20 you are going through the Permian Basin. This is where the best crude oil in the world is at, it is the oil that the rest of the world’s oil is judged by, this is the land that the Bush family worked, lived, and prospered in. If you look out in the fields on each side of the highway especially if you travel at night you will occasionally see vertical lights out in the fields, these are oil drilling rigs digging for the black gold. Does it make any sense to still be drilling? Most folks would say yes, I think. But now, if you travel west Texas, Oklahoma, California, Wyoming, or North or South Dakota you will see something that might surprise you, at least at a minimum, even in west Texas, half or more of all the pump jacks are turned off and the new holes that get dug are then capped.
Now, do you ask why? Good question, now I am going to start telling you why I think that you and I and everyone in our country are having our safety sold out, it’s all about money and greed folks. I have some friends in these High Plains areas who work in these fields and have been told the same thing goes on up there, wells get dug, then capped. You probably know of this oil pipeline that Canada and some U.S. companies want to lay pipe for from Canada down to the Gulf Coast but the government won’t approve it because environmental organizations don’t want it running through sensitive land areas in places like Nebraska. Here is a thought, I know for a fact that there are oil refineries in states like Wyoming and Montana, why does the oil pipeline have any need to go all the way to the Gulf Coast, is it so the oil companies can export it? We have been told for decades now that we don’t have the oil storage or refining capabilities that are needed. Why not? Create more jobs in these western states, build a lot more storage areas and the needed amount of oil refineries there to handle the new oil we are finding on our own land and if Canada want’s to run this joint pipeline adventure into the States there is plenty of unused government land to build these facilities on. These things should have been done many years ago for the reason of National Security, your security, my security, and the security of all of our families have been at stake for years, but we were then and now still being sold out.
Back as far as the early seventies our people learned that we are not and island unto our selves, that events outside of our borders can badly harm us. With the OPEC oil embargo OPEC countries cut way back on what they would sell us because we dared to back Israel. What has our government done to correct this national security issue? What is our current government doing now to correct this major safety issue? President Obama wouldn’t approve the Canadian pipeline, and he all but killed the cola industry and the nuclear industry is being phased out, plus there are many, many oil fields that the government wouldn’t give drilling permits for. But now, President Trump seems willing to give drilling permits just about anywhere except off the east coast of Florida where he has personal business interests. Yet still, where are the new refineries and storage units for all the oil we are producing and the gas we are producing on our own shores, where are they? I know that oil and gas and coal are not the only forms or energy we use in our country, but they are a huge part of it at this time. The U.S. Department of Energy say’s that in 2012 we imported 40% of the oil we consume at this time, 40% folks. In this country we have seen when we have a 2% down tick in the economy it throws us into a deep recession, at best. Folks, what would happen in this country if say even 30% of that 40% were shut off from us, that would be 12% loss. What would that do to our economy, to everyone’s lives, our jobs, our ability to get to them, also what would the cost of a gallon of gas be then?
If we the people are not the first concern for every one in our government why not? Now I am going to spout a few figures to you that come from the Independent Statistics and Analyst Department of the U.S. Energy Information Administration of the U.S. Department of Energy, from one of their web sites. We (oil companies) are exporting these following items, 1) Crude Oil 2) Crude Oil Products 3) Finished Motor Gasoline 4) Kerosene-Type Jet Fuel 5) Distillate Fuel Oil 6) Residual Fuel Oil 7) Propane/Polypropylene 8) here it just said “oil-oils”. People, why is our government allowing the sale of any of this outside of our own borders? Their own stats say that we are importing 7.4 M.M.B.D. of crude oil while at the same time we are exporting 1.M.M.B.D., people, why is this being allowed. In the “Interest of National Security” these things could be stopped and corrected, why aren’t they? Money, greed?Treason?
There are many real things that could have been done already to cut down on our imports while they were building the refineries and storage facilities that are needed. Any secure nation is not secure unless it is 100% self-sufficient in its energy requirements with large energy stock piles in case of any type of attack on that country. Folks, we are nowhere near being in a safe zone. Another part of this issue is the fact that we are importing energy from countries that hate us and who are supporting militant groups so that they can attack and kill us all. How ignorant is it that you give the people who want nothing more than to kill you the weapons and the bullets to do it with? That’s what we are doing and have been doing for decades now, why is our government past and present trying to get us all killed? Is the answer the same as what I witnessed while working for that major oil company in Houston, is it all about power and greed and to hell with the people, it does seem that way to me.
One other quick issue I want to touch on before I close, again the government could have used the “for national security, or at least, for the good of the country” slogan to force these issues, and they do have the power to do exactly that in time of emergencies . Question is, why wait until you have the emergency before you make any plans or take the needed steps to survive the emergency? One of the things the government could have/should be enforcing is much more stringent MPG requirements for at least the past forty years yet President Trump just this past week canceled the higher MPG requirements. Think how much less fuel imports would be if all new cars sold in America were required to get 40 MPG in town and out, no exceptions, and all Pickups and SUV’s were required to get a minimum of 30 MPG in town and out. Why is it not a forced issue that every new vehicle made or sold in America has to be a Hybrid? These things can be done and should have been forced on the car makers decades ago. Would there have to be changes in the design and size of the units, of course. But think about it, if these laws were in effect now and our units were getting these MPG’s now how much of a savings would all of us have at the pump? Think of all the other places that money could be spent to improve our life styles and at the same time stimulate our economy. I will close now with this one very major issue. Our import export deficit is now over a trillion dollars a year and a huge portion is from imported energy. This policy is stupid and dangerous to every one of us. Our governments policies not only give our enemies the weapons they use to kills us with but in so doing, this export deficit is killing the value of our currency making the things we can buy much more expensive because the dollar is so down graded, and this hurts every one of us. So again, why the heck is our government putting every ones lively hood and lives at such risk? Is it as simple as money and greed, because they couldn’t possibly just be this stupid could they, well, maybe President Trump could, but no, in this case it is all about greed.
As I said earlier in this article, there are good and bad people in every occupation, even politics. When I lived in northern Illinois back about 40 years ago I had a real good Congressman in a man named John Anderson and I was blessed to have had an excellent Congressman when I lived in eastern Tennessee named M.D. Phil Roe. I have had contacts with Congressman Roe a few times and I beg you, if you have a good Congressman or Senator, state of federal, please try to communicate these concerns to them before we either end up with a totally crippled country, or before we’re all dead.
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These days we are again hearing the old term in politics that I first heard from the Reagan era, people in Washington call it the Trickle Down Theory. The concept is being practiced by both parties, though they would probably deny it. Today these people tend to use the words “Stimulus Package”. If you remember, We tried this approach shortly before he got out of office. Then came Mr. Obama, he tried his own version of a stimulus package, bailing out the banks and Wall Street, the very people who caused almost all of the problems in the first place. The idea of this scam was to strengthen our country’s financial base from the top down. You see, neither party “get’s it”, you give the top one percent all the financial means and they just hold onto it. I have a question for you, how many of We The People have been able to get a loan, for personal or for small or medium size businesses since the banks got “our” money handed to them? Do you remember just a couple of months ago Mr. Obama was caught on camera at some conference table filled with his cronies and he said in reference of his stimulus package, “I guess that the country wasn’t as shovel ready as we had thought” and he and his cronies had a good laugh about it.
Now Mr. Obama is prancing out another stimulus package under the cloak of it creating jobs in our country for our people. Odd isn’t it, the things these politicians try just before an election season fires up? Mr. Obama, and the Congress should have taken the other stimulus package a couple of years ago and put Americans to work then. I am a long haul truck driver by trade, a person sees and hears many things as we go around the country from the people and the local radio stations. Our nation’s roads and bridges are in lousy condition all over the country. Most all of our big cities are completely falling apart, above ground and below them. If the stimulus money from the past had been used to rebuild our country from the inside, which would have put many people to work all over our country. As you go around the country you see things like all these oil wells that are capped, even in the oil fields of West Texas. We have found lots of oil in Wyoming and the Dakotas, but as soon as they are drilled, there capped. You see, this country doesn’t have enough refineries to produce the products and we don’t have anywhere near enough storage facilities to store all the oil we already have here in our own country. These days we hear a lot about clean coal technologies and that we are the Saudi Arabia of Natural gas. Why are we selling oil abroad? People, why are we giving billions to people who use that money to finance means to kill all of us?
Here is the simple economics behind this writing, if the money had been given out through work programs, the people of America would have been working several years ago, on good full-time jobs for good pay. Then the people would not have been losing their homes. People would have been able to have purchasing power which would have stimulated our economy putting even more people back to work. If this had happened, the Banks would have had earned a lot of money from the bottom up and the governments at all levels would have been reaping the benefits of increased tax revenue which would have keep our civil servants employed. What our country needs are politicians who are able to realize that there is nothing wrong if the bottom 99% have 95% of the money going through their hands. Then the top 1% of the population would still be getting about 5%, this would still make that small and very important group of people very, very wealthy. They are very important because they are the risk takers who have the ability to create many of our nation’s jobs, these people must be well compensated, five for one is very nice compensation. Friends, this is what I call, Trickle Up Economics.
Thank you for your time,
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RUSSIAN President Vladimir Putin hosted Saudi Arabia’s King Salman for talks at the Kremlin yesterday, cementing a relationship that is crucial for determining world oil prices and could be pivotal for resolving conflicts in the Middle East.
King Salman, the first sitting Saudi monarch to visit Russia, led a delegation to Moscow that agreed joint investment deals worth several billion dollars, providing much-needed investment for a Russian economy battered by low oil prices and Western sanctions.
On the political front, there was no sign of any substantial breakthrough on the issues that divide Moscow and Riyadh, including the fact that they back rival sides in Syria’s civil war.
However, there was no sign of any public discord either.
Briefing the media on the talks between Putin and King Salman, Russian Foreign Minister Sergei Lavrov focused on the common ground between the two countries.
Lavrov said the two leaders had agreed on the importance of fighting terror, of finding peaceful solutions to conflicts in the Middle East, and on the principle of territorial integrity.
In a concrete expression of how ties are deepening, Saudi Arabia said it had signed a memorandum of understanding on the purchase of S-400 air defense systems from Russia’s state arms exporter.
The two leaders had a “friendly and substantial discussion based on a desire by Moscow and Riyadh to consistently grow mutually beneficial partnerships in all spheres,” Lavrov said at a briefing alongside his Saudi counterpart Adel al-Jubeir.
“We believe that new horizons have opened up for the development of our relations that we could not previously have imagined,” the Saudi foreign minister said. “Relations between Russia and Saudi Arabia have reached an historical moment,” said Jubeir.
Russia’s military intervention in the Syria conflict has brought about an acknowledgement in Arab capitals that it now has real clout in the Middle East.
Moscow and Riyadh worked together to secure a deal between OPEC and other oil producers to cut output until the end of March 2018, in an effort to push up world prices.