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Keyword: opec

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  • Israel request to buy 990 million gallons of diesel, gasoline and jet fuel from United States

    07/07/2020 3:56:58 PM PDT · by rxsid · 58 replies
    https://defence-blog.com ^ | 07.07.2020 | Colton Jones
    Israel request to buy 990 million gallons of diesel, gasoline and jet fuel from United States The Government of Israel has requested to buy approximately 990 million gallons of diesel, gasoline and jet fuel, the U.S. Defense Security Cooperation Agency said on Monday in an official notification to Congress. According to a recent service notification, the State Department has made a determination approving a possible Foreign Military Sale to the Government of Israel of approximately 990 million gallons of Petroleum-based products for an estimated cost of $3 billion. ”The proposed sale of the JP-8 aviation fuel will enable Israel to...
  • ENERGY Court orders Dakota crude pipeline shutdown, in win for Native American tribes in long-running saga

    07/06/2020 10:11:59 AM PDT · by gattaca · 24 replies
    CNBC ^ | July 6, 2020 | Yun Li
    A federal court ruled Monday that the Dakota Access Pipeline must shut down within 30 days, by Aug. 5, according to a copy of the brief obtained by USA Today. The U.S. District Court for the District of Columbia scrapped a key permit from the Army Corps of Engineers, and ordered the pipeline to end its three-year run of delivering oil out of North Dakota’s Bakken shale basin to its endpoint in Illinois. The decision marked the end of a yearslong legal battle over the Energy Transfer Partners-owned pipeline’s environmental damage to the Missouri River. President Donald Trump granted the...
  • Federal judge orders Dakota Access Pipeline shut down

    07/06/2020 9:50:23 AM PDT · by Red Badger · 46 replies
    bismarcktribune.com ^ | 07-06-2020 | Amy R. Sisk
    A federal judge has ordered the shutdown of the Dakota Access Pipeline while a lengthy environmental review is conducted of the project opposed by environmentalists and the Standing Rock Sioux Tribe. The move was requested earlier this year by Standing Rock and three other Sioux tribes in the Dakotas who fear environmental harm from the oil pipeline and sued over the project four years ago. North Dakota officials have said such a move would have “significant disruptive consequences” for the state, whose oil patch has been hit hard in recent months by falling demand for crude amid the coronavirus pandemic....
  • Atlantic Coast Pipeline project canceled

    07/05/2020 1:40:17 PM PDT · by buckalfa · 17 replies
    WSAZ NewsChannel 3 ^ | July 5, 2020 | WSAZ News3
    HUNTINGTON, W.Va. (WSAZ) -Dominion Energy and Duke Energy announced Sunday the cancellation of the Atlantic Coast Pipeline due to ongoing delays and increasing cost uncertainty which threaten the economic viability of the project. According to a news release, despite last month’s 7-2 victory at the United States Supreme Court, recent developments created a layer of uncertainty and anticipated delays for ACP. U.S. Senator Joe Manchin (D-WV), Ranking Member of the Senate Energy and Natural Resources Committee, released the following statement on the announcement that the Atlantic Coast Pipeline project has been cancelled. “I’m disappointed to learn plans to build the...
  • Companies Cancel Atlantic Coast Pipeline After Years of Delays. Duke Energy and Dominion Energy said the prospects of a natural gas conduit under the Appalachian Trail remained too uncertain

    07/05/2020 1:30:16 PM PDT · by karpov · 5 replies
    Wall Street Journal ^ | July 5, 2020 | Katherine Blunt
    The builders of the Atlantic Coast Pipeline are pulling the plug on the project as companies continue to meet mounting environmental opposition to new fossil fuel conduits in the U.S. Duke Energy Corp. and Dominion Energy Inc. said Sunday that they were abandoning the proposed $8 billion pipeline—which aimed to carry natural gas 600 miles through West Virginia, Virginia and North Carolina and underneath the Appalachian Trail—citing continued regulatory delays and uncertainty, even after a favorable Supreme Court ruling last month. Dominion meanwhile said it was selling the rest of its natural gas transmission and storage network to Warren Buffett’s...
  • Higher Taxes, Layoffs, And Service Cuts: The State And City Budget Crisis Is Here

    06/30/2020 9:56:59 AM PDT · by 11th_VA · 21 replies
    Forbes ^ | Jun 30, 2020,11:53am EDT | Richard McGahey
    The recession is hitting state and city budgets hard in the new fiscal year that starts on July 1. They are responding by firing workers, reducing services, and even increasing taxes. Massive federal aid is the only real solution. The new fiscal year for 46 states and many cities begins on Wednesday. And a flood of red ink caused by the deep pandemic recession is forcing them to fire workers, reduce spending and services, and even raise taxes (one of the worst things you can do in a recession). Without Congress providing up to $1 trillion in federal aid, non-federal...
  • Chesapeake Energy files for bankruptcy

    06/28/2020 2:56:02 PM PDT · by yesthatjallen · 34 replies
    The Hill ^ | 06 28 2020 | Rebecca Klar
    Chesapeake Energy Corporation said Sunday it had filed for bankruptcy amid a drop in oil and gas demand and prices due to the coronavirus pandemic. Chesapeake Energy said in a release it filed for Chapter 11 bankruptcy and will continue to operate throughout its restructuring process. The Oklahoma City-based company said it secured a $925 million debtor-in-possession financing from certain lenders under Chesapeake’s revolving credit facility, which will be available upon court approval. The company and certain lenders under its revolving credit facility also agreed to the principal terms of a $2.5 billion exit financing, consisting of a new $1.75...
  • The pandemic could lead to longer power outages following a hurricane, industry leaders warn

    06/28/2020 5:50:51 PM PDT · by BenLurkin · 35 replies
    CNN ^ | 06/28/2020
    Long restoration times are likely depending on how the coronavirus plays out during the six-month Atlantic hurricane season, which started June 1 and is predicted to be extremely active. It means everyone living in hurricane-prone communities must be ready to be without power longer following a major hurricane. Just as important is adding hand sanitizer and face masks to a storm-preparedness checklist, as well as checking with local emergency management officials for changes to shelters and evacuation orders due to the coronavirus. [B]ecause of the way the critical manpower and equipment operations unfold, standard procedures almost certainly would run afoul...
  • A Winning Trifecta for Climate Science and Rationality

    06/27/2020 6:41:02 AM PDT · by Kaslin · 11 replies
    American Thinker.com ^ | June 27, 2020 | Charles Battig
    First there was Michael Moore’s Planet of the Humans, then came Bjorn Lomborg’s False Alarm, and now Michael Schellenberger’s Apocalypse Never. All three authors sound the common theme that the hyper-green environmental activists who have captured, politicized, and monetized the concern for the environment have, as Lomborg explains, created a false climate alarm which has “costs us trillions, hurts the poor, and fails to fix the planet.” To varying degrees, all three authors come from a strong environmental activist background, which observation makes their public revelations even more noteworthy. Planet of the Humans, the recent film produced by Michael Moore,...
  • India Declares Coal Splurge: US likely to Benefit

    06/26/2020 7:50:27 AM PDT · by SeekAndFind · 3 replies
    Townhall ^ | 06/26/2020 | Vijay Jayaraj
    While the pandemic and political unrest have taken center stage in the U.S. and Europe, some major policy developments in Eastern part of the world have gone unnoticed. Among those is the big fossil fuel push by India and China. India, in particular, has gone public with its intentions to open new coal mines and increase coal production. It has even celebrated the decisions publicly. These are huge developments that are likely to have a lasting impact on the global energy scene and the politics surrounding the controversial and restrictive Paris climate agreement. They most probably will also impact future...
  • US Has Panic Attack After Libyan Puppets Lose Control of Oil Ports

    03/21/2017 8:37:02 AM PDT · by Lorianne · 99 replies
    Russia Insider ^ | 20 March 2017
    The EU and US urge "strongman" Khalifa Haftar to return oil ports to the "Libyan people". We're glad that Washington has a sense of humor ___ Libya was the richest, most developed, most educated country in North Africa. It was a model of much-needed stability in the region, with a government that was considerably less terrible than NATO's numerous medieval dictator-allies. Before the "revolution", the Libyan government used oil revenues to subsidize a whole range of social benefits for its citizens. And now that Libya is a moon crater, the U.S. and its European poodles are whining about "returning oil...
  • Welcome to Tomorrow

    06/22/2020 2:08:09 PM PDT · by sodpoodle · 106 replies
    email | 6/22/2020 | unknown
    1- Basic auto repair shops will disappear. Read on to know why. 2- A gas/diesel engine has 20,000 individual parts. An electrical motor has only 20 parts. Electric cars are sold with lifetime guarantees and are repaired only by dealers. It takes only 10 minutes to remove and replace an electric motor. 3- Faulty electric motors are not repaired in the dealership but are sent to a regional repair shop that repairs them with robots 4- Your electric motor malfunction light goes on, so you drive up to what looks like a car wash, and your car is towed through...
  • Study: Hundreds of 'protected areas' threatened by renewable energy

    06/16/2020 7:13:07 AM PDT · by rktman · 10 replies
    wnd.com ^ | 6/14/2020 | WND staff
    Hundreds of "protected areas," including some of the world's greatest wilderness resources, are being threatened by renewable energy projects, according to a new study. The green projects are degrading 886 protected areas, 748 Key Biodiversity Areas and 40 distinct wilderness areas," according to the study, published online at ResearchGate. Authored by Jose Andres Rehbein of the World Bank, and Joe Lane, James Watson and Laura Sonter of University of Queensland, the study explains: "Transitioning from fossil fuels to renewable energy is fundamental for halting anthropogenic climate change. However, renewable energy facilities can be land‐use intensive and impact conservation areas, and...
  • Iran: The November Miracle

    06/10/2020 10:55:40 AM PDT · by LibWhacker · 7 replies
    StrategyPage ^ | 6/9/20 | Staff
    June 9, 2020: Despite the financial crises, continuing anti-government protests and growing criticism from government and military leaders, the senior clerics who run Iran believe that there is a good chance the American presidential elections in November will put a more pro-Iran and anti-Israel government in power. While this is a possibility, many Iranians don’t believe the clerics can hang onto power until the end of the year. Poverty is growing in Iran and the government continues to spend lots of money on military operations in Syria, Iraq, Lebanon and Yemen. Syria is the costliest foreign adventure. So far this...
  • Nextrush Unplugged: Weekend Version Racism Doesn't Define The Ultimate Problem

    06/06/2020 8:30:05 PM PDT · by Nextrush · 2 replies
    Nextrush Free ^ | 6/6/2020 | Nextrush/Self
    Here I am a drunk, a sinner, a hater, a racist currently sober and yes the first description of myself leads all the rest. Its no secret what I believe as I've made clear in countless posts but intoxication is the big issue. Drugs, Alcohol And Pornography lay behind the evil violence that kills and destroys and hurts people and property and politicians can't preach that to people. They'll get no votes in this election year for saying that so we get the urinated pablum about "systematic racism" and "white privilege" and the list goes on. Some Philadelphia music in...
  • Egypt announces international anti-Turkey alliance

    06/01/2020 6:31:31 AM PDT · by Texas Fossil · 12 replies
    Al Monitor ^ | May 31, 2020 | George Mikhail
    Egypt has announced an anti-Turkey alliance that includes Greece, Cyprus, the United Arab Emirates (UAE) and France to confront Turkish moves in Libya and the Mediterranean. The announcement was made during a virtual meeting with the foreign ministers of these countries on May 11. In a joint statement issued shortly after the meeting, the five-party alliance said it will focus on confronting the Turkish moves in the territorial waters in Cyprus, where Turkey has been carrying out “illegal” excavations in the Mediterranean under Cyprus sovereignty. The alliance also condemned Turkey’s escalated violations of Greek airspace.  The European Union condemned May 16...
  • Reshuffling: Oil price crash alters priorities, greases skids to new world order

    05/28/2020 8:19:26 PM PDT · by E. Pluribus Unum · 11 replies
    The Washington Times ^ | Thursday, May 28, 2020 | Ben Wolfgang and Guy Taylor
    The sustained plunge in global oil prices has brought deep, unexpected shifts on the geopolitical landscape, with impacts felt in the Arctic and the Middle East, and in the fortunes of the American heartland and the future of the Russian-Chinese strategic alliance. A U.S.-engineered market truce has helped energy prices rebound slightly this month after flatlining in April, but analysts say reverberations will likely be felt for years to come as they chip away at the foundational international partnerships in the post-World War II era and create new alliances and rivalries. Analysts say there is no way the U.S. and...
  • Pentagon pulling Patriot missile systems from Saudi Arabia

    05/08/2020 4:36:48 PM PDT · by dynachrome · 41 replies
    The Hill ^ | 5-7-2020 | ELLEN MITCHELL
    The U.S. military is removing Patriot antimissile systems from Saudi Arabia as part of a shift of forces and equipment in the region following a buildup last year in response to Iranian threats, a U.S. official confirmed on Thursday. The Wall Street Journal first reported that Washington is moving four Patriot missile batteries from the region. The U.S. official confirmed to The Hill that two Patriot systems will come from Saudi Arabia — along with the roughly 300 military personnel deployed to man them. The two systems had been sent to the country last year after a Sept. 14 strike...
  • Special Report: Trump told Saudis: Cut oil supply or lose U.S. military support - sources

    04/30/2020 4:33:17 AM PDT · by Oldeconomybuyer · 41 replies
    Reuters ^ | April 30, 2020 | by Timothy Gardner, Steve Holland, Dmitry Zhdannikov, Rania El
    WASHINGTON/LONDON/DUBAI - As the United States pressed Saudi Arabia to end its oil price war with Russia, President Donald Trump gave Saudi leaders an ultimatum. In an April 2 phone call, Trump told Saudi Crown Prince Mohammed bin Salman that unless the Organization of the Petroleum Exporting Countries (OPEC) started cutting oil production, he would be powerless to stop lawmakers from passing legislation to withdraw U.S. troops from the kingdom, four sources familiar with the matter told Reuters. The threat to upend a 75-year strategic alliance, which has not been previously reported, was central to the U.S. pressure campaign that...
  • GREEN BROWNSHIRTS STRIKE AT MICHAEL MOORE

    04/26/2020 6:53:55 PM PDT · by Hojczyk · 29 replies
    Powerline ^ | April 26,2020 | John Hinderaker
    Moore comes at the issue from a far-left perspective: Michael Moore presents Planet of the Humans, a documentary that dares to say what no one else will this Earth Day — that we are losing the battle to stop climate change on planet earth because we are following leaders who have taken us down the wrong road — selling out the green movement to wealthy interests and corporate America. This film is the wake-up call to the reality we are afraid to face: that in the midst of a human-caused extinction event, the environmental movement’s answer is to push for...