Secret U.S. Canada Border Deal Hides GMO Takeover: Infowars Nightly News. China’s State-Owned Oil Companies Create Oil Shortage, Analysts Say. By Cheryl ChenEpoch Times Staff Created: November 1, 2011 Last Updated: November 14, 2011 Since refinery oil prices have dropped in China, the two state-owned giants, PetroChina and Sinopec, have been controlling fuel supply, causing shortages at privately owned gas stations.
(AFP/Getty Images) Since oil prices in China dropped in early October, the two state-owned oil giants, PetroChina and Sinopec, are said to be controlling oil supplies, causing privately owned gas stations in many provinces to run out of gas and diesel fuel. By only selling to certain customers and not to the general market, these companies are deliberately creating shortages in order to increase their profits, industry insiders say.
Ceigh Tolliinger: Rena #spill: Heartbreaking... Alaskan Natives Speak Out After Obama Greenlights Oil Drilling Off Alaskan Coast. October 9, 2011 | Like this article?
Join our email list: Stay up to date with the latest headlines via email. On October 3, 2011, the Obama administration said it was moving forward with oil-drilling leases off the coast of Alaska issued by the Bush administration in 2008. The leases had been challenged by environmental groups, opposition that gained momentum after the 2010 BP Deepwater Horizon disaster. End Oil Speculation. Sen.
Bernie Sanders on Wednesday introduced legislation to make federal commodity regulators halt excessive oil speculation that has driven up gasoline prices. A provision in last year's Wall Street reform law required federal regulators to clamp down on speculators, but the Commodity Futures Trading Commission has refused to do so. The senator discussed the legislation in an interview with radio host Ed Schultz.
Partly as a result of the failure to enforce the law, the national average price for a gallon of gasoline today is $3.69 a gallon, although supplies are greater and demand lower than two years ago when prices averaged about $2.44 a gallon. Native American Legend on Mankind. REJECT, Don't Just Reroute Keystone XL Pipeline! Heeding fake concerns about propriety. COMMENTARY | September 29, 2011 Faced with some hot data on oil speculation, the media squawked when it should have jumped.
After firebrand Vermont Senator Bernie Sanders leaked confidential data from the Commodity Futures Trading Commission to the Wall Street Journal last month -- data that dramatically illustrated how speculators were dominating the oil futures market during the 2008 spike in oil prices -- other news outlets jumped on the story. In the worst possible way. The data, which exposed precisely how much Goldman Sachs, Morgan Stanley, and other Wall Street speculators dominated the crude oil futures market, was a big new lead reporters could have used to further explore the dynamics behind the staggering gas price increase that resulted in a huge transfer of wealth from ordinary Americans to the very rich.
Not Above the Law: Revoking Massey Energy's Corporate Charter. How many times can a corporation break the law and continue to exist?
Inside the fight to revoke Massey Energy’s corporate charter. posted Sep 20, 2011 Memorial to the miners who died in the Upper Big Branch disaster. A majority of U.S. Supreme Court justices and some politicians like to refer to corporations as “persons.” On Friday, two public interest groups asked the attorney general of Delaware to revoke the charter of Massey Energy, a company they call a criminal enterprise. Moving Planet DuPage part of global effort to reduce reliance on fossil fuels. Organizers are aiming for 350 participants to bike, walk or car pool to the Prairie Path in Villa Park on Saturday, Sept. 24.
Why 350? That's the safe number of parts per million of carbon dioxide in the atmosphere. Advertisement. Truths about the Keystone XL Pipeline the U.S. Chamber Does Not Want You to Hear. In a recent Op-Ed by U.S.
Chamber President Tom Donohue, he makes several lofty claims about the proposed Keystone XL pipeline that are riddled with exaggerations and falsehoods. With bedfellows like Shell, Valero, ConocoPhillips and Koch Industries set to rake in major profits from the exploitation of Alberta tar sands oil (the second biggest carbon pool on the planet, next to Saudi Arabia), the U.S. Chamber and the American Petroleum Institute (the oil industry’s umbrella lobbying organization) have resorted to flat-out lying and fear-mongering in the interest of drumming up national support for a project that would alter ecosystems, economies, communities and the climate beyond remediation.
Israel Prepares to Frack Its Water Supply Exploiting Oil Shale. Israel is looking to get in on the oil shale - tar sands act, BBC News reports.
The article, though mentioning environmental concerns about this so-called unconventional source of oil, essentially soft peddles these and instead focuses on how much oil could be extracted: "Israel is sitting on enough shale to produce around four billion barrels of oil, enough at today's usage to keep the country in oil for more than 40 years. " Here's the kicker, the inevitable political and environmental justice flashpoint: The drilling area [in the Valley of Elah in central Israel, roughly 30 miles from Jerusalem] is also to the site of a vital and politically sensitive water aquifer shared by both Israel and Palestinian areas of the West Bank.
Read more: Could Israel be another Middle East oil giant? Wyoming's smog exceeds Los Angeles' due to gas drilling - Green House. Updated 2011-03-09 11:52 AM In this Jan. 22, 2010 photo, antelope graze not far from gas drilling rigs in western Wyoming's Upper Green River Basin, where ozone levels that month exceeded the worst days in major U.S. cities in 2009.
Local residents complain of runny eyes, nosebleeds and shortness of breath and say the air is hazy. Gas industry officials say they're taking steps to reduce air pollution. Rural Wyoming, known for breathtaking vistas, now has worse smog than Los Angeles because of its boom in natural gas drilling. Residents who live near the gas fields in the state's western corner are complaining of watery eyes, shortness of breath and bloody noses, reports the Associated Press. ‘Peak Oil’ Takes A Deadly Blow. I've never believed in "peak oil.
" (The notion held with religious conviction by many on the left here, that world production is topping out — and will soon slide, plunging the world into economic chaos.) There's plenty of oil, with the constraints, as always, being the cost of recovery. Witness the vast new North Dakota oil shale fields. I regard oil "shortages" as contrivances by the oil companies, allied brokers and middlemen to run up the price.
I fill my aging fleet of 50s and 60s era Chryslers with a light heart. Six-Megaload Rolling Roadblock & Resident Rage 11-29-11. Science Lags as Health Problems Emerge Near Gas Fields. Susan Wallace-Babb, wearing the oxygen mask she has to wear almost every day outside, walks with her dog at home in Winnsboro, Texas, on Sept. 12, 2011. (Erin Trieb for ProPublica) Union Claims Keystone XL Pipeline's Canadian Permit Expired. Home Page Title: Is Keystone XL's Canadian Permit Expired? The National Energy Board has given TransCanada until Oct. 14 to respond to claims by a major union that its Canadian permit for the pipeline has expired. Energy policy: What the frack? HAS Britain hit the jackpot in Blackpool? On September 21st Cuadrilla Resources, the first firm to drill for shale gas in the country, estimated that 200 trillion cubic feet of gas lie in an area near the seaside town in northwest England—nearly 40 times previous projections of all of Britain's shale resources and, in theory, four times as much gas as is still recoverable from the North Sea, according to Oil & Gas UK, a lobby group.
Cuadrilla hopes to drill 400 wells in Lancashire in the next decade. There are obvious reasons to celebrate the prospective hoard. Britain faces an energy shortfall: half of its coal-fired power stations and all but one nuclear facility are due to shut by 2023; imports have increased as North Sea reserves run out. New local supplies should also cut prices: gas plants can be relatively small, cheap and easy to build. State Department Letting Keystone XL Contractor Manage Its Environmental Review. State Department Fountain (photo: Tom Watson) Never mind Solyndra. That pufffed up bit of White House political interference in agency determinations is small potatoes compared to what the U.S. Analysis: Jobs and energy security seen swaying U.S. on Keystone. WASHINGTON (Reuters) - A show of strength by angry ranchers, landowners and green groups against a proposed Canada-to-Texas pipeline is unlikely to sway the U.S. government's imminent decision on whether to back the project.
The State Department on Friday wrapped up a series of hearings into TransCanada's Keystone XL pipeline that would take crude from Alberta's oil sands to Texas refineries, with the issue having become a flashpoint in a debate over energy security and jobs versus environmental degradation. Keystone XL Lobbyists Web of Corruption Infographic. Keystone XL pipeline corruption investigation. Proposed Woodside gas hub project has split local communities - Radio National Breakfast - 21 September 2011. A final investment decision is due next year on the controversial $30 billion Browse Basin gas development in the Kimberley region - a project that has been backed by the federal and Western Australian governments. To assert its oil claims, China doesn't need a big navy. The Philippines is engaged in a muscle-flexing row with China over oil drilling in the South China Sea, writes Andy Higgins at the Washington Post.
So are India and Vietnam, reports Ishaan Thardoor at Time, who wonders whether war is possible between China and India. Even More Reports of Tar Balls, Oil, and Corexit on the Gulf Beaches Right Now. Along with its critics. America and oil: declining together? ISS - Climate-science contrarian Roy Spencer's oil-industry ties. The controversy over a paper published last month in an obscure journal questioning the scientific consensus around man-made global warming is drawing attention to one of its authors, an outspoken skeptic of mainstream climate science who's come under fire before because of problems with his work.
Crisis: Who is Pulling the Strings? (Daniel Estulin, European Parliament, 01.DEC.2011) Shell's arctic drilling faces opposition. ‘Peak Coal’ comes to Appalachia. WhoWhatWhy: "pipeline fm "defense "indu. New Zealand navy joins oil spill cleanup [Al Jazeera, Doha, Qatar] Science Lags As Health Problems Emerge Near Gas Fields. Susan Wallace-Babb, wearing the oxygen mask she has to wear almost every day outside, walks with her dog at home in Winnsboro, Texas, on Sept. 12, 2011. Alaska to BP to Conoco Count On Shell’s Bounty From Arctic Oil. Oil sands environmental impact unknown: Canada audit.
GLI_KeystoneXL_Reportpdf. Coal Company Massey Energy Thinks They're Above the Law. Gulf spill blamed on poor management decisions. Huskers cut off deal with TransCanada. Scottish nuclear leak 'will never be completely cleaned up' When you talk too much for Twitter. NY Times: Oil Companies Operating on 'Honor System' When It Comes to Pipeline Safety. Proposed Keystone pipeline poses threat to Midwest water supplies. Hydrofracking Leases Subject of Regrets in New York. Exporting Energy Security: Keystone XL Exposed. Dear Big Coal: You're Not Above the Law. Traffic fumes can trigger heart attacks, say researchers.