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Keyword: opec

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  • The United Nations Condemns Israel in Lopsided Resolution

    06/14/2018 8:38:23 AM PDT · by rktman · 22 replies ^ | 6/14/2018 | Cortney Obrien
    For the umpteenth time, the United Nations General Assembly has voted to condemn Israel for defending itself. By a tally of 120 to 8, the members declared that Israel was guilty of “excessive use of force” against Palestinians who were protesting the opening of the U.S. embassy in Jerusalem. The resolution also requested recommendations to protect Palestinians. For 10 weeks now, the two sides have clashed at the border, resulting in 120 Palestinian deaths. Israeli Defense Forces warned protesters not to approach the Israeli-Gaza border on May 14, the day of the embassy opening. They did anyway - some armed...
  • Norway Wants to Double US Marines and Deploy Them Closer to Russia

    06/13/2018 6:35:16 AM PDT · by CondoleezzaProtege · 113 replies ^ | June 12, 2018 | Agence France Pass
    Norway will ask the United States to double the number of U.S. troops stationed in the country and deploy them nearer the border with Russia, the government said Tuesday. The announcement came after nine nations along NATO's eastern flank called Friday for the alliance to bolster its presence in their region: Bulgaria, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania and Slovakia. Oslo said it wants to boost the troop numbers to 700 and station them further north at Setermoen, 420 kilometres (260 miles) from Russia. The U.S. deployment agreement would also be extended from the current six-month renewable periods...
  • Face It, Nordic Countries Aren't Socialist

    06/09/2018 2:37:04 PM PDT · by Mafe · 39 replies
    Mises Institute ^ | June 8, 2018 | Daniel Lacalle
    One of the most common fallacies of the new populists is to say that their model is the “Nordic” one and that those countries are successful examples of how “socialism works”. When I mentioned it to the Finnish Finance Minister Petteri Orpo at a recent ECR dinner, he could not believe it. Expropriations, massive tax increases, appropriation of savings and subordinating the growth model to political control is what populists defend. The same as Venezuela, which all of them praised — from Bernie Sanders to Owen Jones or Corbyn and Chomsky — until it collapsed. Then they moved on to...
  • BIG OIL BOOMS: Texas Truck Drivers Make $140k, Forces Rising Wages in Other Industries

    06/09/2018 11:41:14 PM PDT · by Kaslin · 27 replies ^ | June 9, 2018 | Timothy Meads
    Big Oil is having an incredible impact, again, in Texas. Midland, TX is experiencing such a booming shale-oil economy that truck drivers are making more than $100,000. In turn, smaller businesses are forced to either raise their wages or extend hours to retain workers. But, this successful economy has what some say are a few downsides as well. With increased wages comes increased rents and labor shortages in public positions. Regardless, the region’s industry is providing bevy of economic benefits that could last for a very long time, reports the Los Angeles Times. Midland has an astoundingly low 2.1% unemployment rate...
  • Delingpole: Epic Renewables Fail as Solar Crashes and Wind Refuses to Blow

    06/10/2018 8:22:27 AM PDT · by rktman · 22 replies ^ | 6/10/2018 | James Delingpole
    Don’t laugh too hard but this has been a terrible week for the renewable energy dream. Across the world solar energy share prices have crashed. This was caused by a sudden and unexpected decision by China, the world’s biggest solar manufacturer and user, to rein in subsidies.
  • Nikola Starts Hiring Staff for Arizona R&D Center (Hydrogen-electric powered trucks)

    06/09/2018 7:29:21 PM PDT · by 2ndDivisionVet · 11 replies
    Trucking Info ^ | June 8, 2018
    Nikola Motor has started hiring for its Arizona Research & Development Center that is slated to open in November in Phoenix, Ariz. The facility will test and develop the Nikola’s hydrogen electric Class 8 trucks. The company has received 10,000 orders so far, including a high profile order from Anheuser Busch for 800 trucks. The first vehicle prototypes, along with heavy-duty demonstration stations, are being built for the concept testing phase to roll out later this year. “We want the world’s top talent in vehicle electrification, fuel cell development, hydrogen storage and hydrogen fueling to apply for these premium positions,”...
  • Pope to oil execs: Energy needs mustn’t destroy civilization

    06/09/2018 4:05:19 PM PDT · by Olog-hai · 26 replies
    Associated Press ^ | Jun 09, 2018 5:19 PM EDT
    Pope Francis told leading oil executives Saturday that the transition to less-polluting energy sources “is a challenge of epochal proportions” and warned that satisfying the world’s energy needs “must not destroy civilization.” The Vatican said Francis held a two-day conference with the executives as a follow-up to his encyclical three years ago that called on people to save the planet from climate change and other environmental ills. Participants included the CEOs of Italian oil giant ENI, British Petroleum, ExxonMobil and Norway’s Statoil as well as scientists and managers of major investment funds. Their remarks on the first day of the...
  • Rick Perry’s Obama Imitation

    06/06/2018 4:33:20 AM PDT · by reaganaut1 · 5 replies
    Wall Street Journal ^ | June 5, 2018
    One Trump Administration achievement has been liberating U.S. energy producers of all kinds from federal shackles. Companies have responded with jobs and investment, but all of a sudden the Administration wants to do a Barack Obama imitation and play energy favorites. The National Security Council on Friday reviewed a 41-page internal memo, leaked to Bloomberg News, suggesting that President Trump invoke emergency authority to require grid operators to buy nuclear and coal power. But there’s no emergency, and the political intervention will do more harm than good. *** The supposed problem is that the U.S. is producing an abundance of...
  • California Primary: Voters Recall Democrat Josh Newman over Gas Tax Vote

    06/06/2018 10:03:29 AM PDT · by C19fan · 30 replies
    Breitbart ^ | June 6, 2018 | Joel B. Pollak
    Voters in California’s 29th State Senate district recalled freshman Democrat Josh Newman in Tuesady’s California primary over his vote for Governor Jerry Brown’s 12-cent-per-gallon gas tax hike, replacing him with Republican Ling Ling Chang and definitively denying Democrats a supermajority in the upper house.
  • Josh Newman's recall shows that Republicans only want to win, no matter the cost to Californians

    06/06/2018 10:17:47 AM PDT · by Trump20162020 · 31 replies
    The Los Angeles Times ^ | 06-06-2018 | Kerry Cavanaugh
    After two years in office, Sen. Josh Newman (D-Fullerton) was recalled Tuesday for his vote to increase the gas tax to repair the state’s woefully maintained streets and expand its inadequate transit systems. Political opportunism won over responsible governance. Republicans launched the recall campaign after Newman supported the gas tax increase in Senate Bill 1, which needed a two-thirds majority to pass. But Newman’s vote was pretext. Really, Republicans were trying to win back a seat that Newman narrowly won in 2016 and that was historically held by the GOP. The campaign worked. Newman is out and Republican former assemblywoman...
  • The one Trump statistic that explains everything

    06/05/2018 11:57:08 PM PDT · by 2ndDivisionVet · 22 replies
    The British Broadcasting Corporation ^ | June 5, 2018 | Anthony Zurcher, North American Reporter
    The Republican Party is Donald Trump's party. If there were any doubts about this, recent polling - which shows the president with near record levels of backing from Republican voters - confirms the fact. According to a recent Gallup Poll, Mr Trump's support among members of his own party at the 500-day mark of his presidency sits at 87%, second only to George W Bush's 96%, which came nine months after the September 11 World Trade Center attacks. A handful of other presidents since the survey started after World War II - George HW Bush, John F Kennedy, Dwight D...
  • Victors emerge in down-ballot statewide races (Democrats denied super-majority CA Senate)

    06/06/2018 8:21:14 AM PDT · by 11th_VA · 18 replies
    Sac Bee ^ | Jun 6, 2018 | The Associated Press
    12:20 a.m. Wednesday California Democrats have been denied their supermajority in the state Senate. Voters in an Orange County district on Tuesday elected former Republican Assemblywoman Ling Ling Chang in a recall election against a Democrat. Voters removed Democratic Sen. Josh Newman from office over his vote to raise gas taxes last year. That means Senate Democrats won't hold the two-thirds majority needed to pass tax and fee increases. Newman narrowly won the traditionally Republican district in the 2016 election, and both parties saw him as vulnerable. A Republican-backed effort to repeal the tax increase is likely to be on...
  • Not really a surprise: Science again shows that fracking doesn't pollute groundwater

    05/31/2018 6:53:47 AM PDT · by SeekAndFind · 8 replies
    Washington Examiner ^ | 05/31/2018 | by Seth Whitehead
    A recent media report on a peer-reviewed study based on 180 samples from water wells near Ohio fracking sites was headlined: “Univ. of Cincy fracking study finds surprising groundwater results.” What exactly was so surprising? The report is one of more than two dozen scientific studies published since 2010 that concluded fracking is not a major threat to groundwater. No fewer than 10 peer-reviewed studies examining more than 3,000 water wells across virtually every major U.S. shale play have been released in the past five years, with each one finding no evidence of that fracking has contaminated groundwater. The reason?...
  • Trump-Putin summit in the works

    06/01/2018 10:18:05 PM PDT · by Innovative · 22 replies
    Fox News ^ | June 1, 2018 | Elizabeth Zwirz | Fox News
    A summit between President Donald Trump and Russian President Vladimir Putin is in the works, Fox News has learned. Trying to organize the meeting between the two world leaders “has been an ongoing project” for Jon Huntsman, the U.S. ambassador to Russia, sources told Fox News on Friday. The ambassador has reportedly been in Washington working on the plans. “This has been an ongoing project of Ambassador Huntsman, stretching back months, of getting a formal meeting between Putin and Trump,” a source told the Wall Street Journal. The plans are reportedly at an early stage, as neither a date nor...
  • When Germans Worry, Where do they Turn?

    05/30/2018 8:35:45 AM PDT · by CondoleezzaProtege · 17 replies
    TheTrumpet ^ | May 2018 | Richard Palmer
    The break over the Iran deal follows the break over the climate change agreement and the prospect of a trade war between the European Union and the United States. It raises the specter of a much deeper and wider break with the U.S. For the first time in 70 years, Germany’s role in the world is uncertain. Its allegiance is up for grabs. Where will it turn? German Chancellor Angela Merkel’s overseas trips have revealed her response to this dilemma. She has turned to Russia and China. An Eastern alliance—or Ostpolitik as it is known in Germany—has long been the...
  • Israel, Greece and Cyprus Advance Talks on Gas Pipeline to Europe

    04/07/2018 11:57:03 AM PDT · by Texas Fossil · 18 replies
    Oil Monster ^ | April 05, 2018 01:30:55 AM | Anil Mathews
    SEATTLE (Oil Monster): The leaders of Israel, Greece and Cyprus on Wednesday discussed a proposed joint project for a natural gas pipeline to western Europe. Prime Minister Benjamin Netanyahu spoke with Greek Prime Minister Alexis Tsipras and Cypriot President Nicos Anastasiades. The proposed pipeline would run from Israel to Cyprus and on to Greece. The three also discussed a new date for a summit, possibly in May. This was recently postponed amid regional tensions. Turkey is at odds with Israel over Gaza and Cyprus over offshore drilling. The relations between Israel and Greece and Cyprus have been growing closer in...
  • Turkey’s Navy Threatens To Sink Eni Drilling Ship Offshore Cyprus

    02/23/2018 11:38:34 AM PST · by Texas Fossil · 21 replies
    Oil Price ^ | Feb 23, 2018, 12:00 PM CST | Tsvetana Paraskova
    Turkish Navy vessels threatened on Friday to sink a drilling ship that oil major Eni has hired to explore for oil and gas offshore Cyprus—a divided island whose northern part is run by Turkish Cypriots and is recognized only by Turkey.
  • Haliburton looks to fill 300-400 positions at hiring event Thursday (Texas and New Mexico)

    05/29/2018 10:20:35 PM PDT · by 2ndDivisionVet · 9 replies
    KTSM-TV ^ | May 29, 2018 | Kayla Melson
    EL PASO, Texas (KTSM) - If you're looking to start a new career, you won't want to miss out on a massive hiring event this week. Oil service cooperation Halliburton is partnering up with Workforce Solutions Borderplex to host a job fair in El Paso Thursday morning. The company is looking to fill 300-400 positions, including Entry Level Operator Assistant 1 - Frac Acid and Heavy Truck Drivers. Candidates must be willing to relocate, as the positions will be located in Brownfield, Texas, Odessa, Artesia, NM, and Fort Stockton. Officials encourage job-seekers to arrive at the fair with copies of...
  • Russia Just Won Big in the European Gas War

    05/29/2018 9:28:50 AM PDT · by CondoleezzaProtege · 12 replies ^ | May 2018 | Tim Daiss
    Amid President Donald Trump’s push for American energy independence and thrust to wean Europe off of geopolitically charged Russian gas -- several European states, particularly Germany, have accused the president of playing energy geopolitics, cloaking American concern for European energy security under the guise and to the benefit of U.S. producers. Now, Trump and U.S. LNG exporters will have an even harder time convincing key EU members to offset overreliance on Russian piped gas. Last week, Gazprom, the world’s largest gas producer, and the European Commission resolved a seven-year anti-trust dispute after the Russian state-controlled energy giant agreed to change...
  • US Pushes China to Buy its Oil and Gas in Wake of Trade Row - Reports

    05/28/2018 5:37:08 PM PDT · by Eddie01 · 7 replies
    Sput ^ | 5/28/2018 | Business Staff
    In April, Beijing was given a list of goods that China buys in various countries that can be replaced by American ones. The list includes oil, oil products, liquefied natural gas, beef, poultry and soybeans. Washington is pressuring Beijing by lobbying long-term contracts for the supply of energy resources and agricultural products to China in order to reduce the multi-billion-dollar trade deficit between the countries, according to the Financial Times. Washington also intends to seek the abolition of quotas on US supplies to China. If the parties agree to remove trade barriers, then the expansion of energy supplies, according to...