Archive for the 'Energy' Category
Biggest Fraud Ever: Iraq “Reconstruction”
February 17th, 2009Fraud. Top to bottom fraud, as we already knew. Via Independent: In what could turn out to be the greatest fraud in US history, American authorities have started to investigate the alleged role of senior military officers in the misuse of $125bn (£88bn) in a US -directed effort to reconstruct Iraq after the fall of […]
Biggest Solar Deal Ever Announced – We’re Talking Gigawatts
February 12th, 2009Via: Wired: The largest series of solar installations in history, more than 1,300 megawatts, is planned for the desert outside Los Angeles, according to a new deal between the utility Southern California Edison and solar power plant maker, BrightSource. The momentous deal will deliver more electricity than even the largest nuclear plant, spread out among […]
Chinese Earthquake May Have Been Caused by Dam
February 2nd, 2009Via: Telegraph: The 511ft-high Zipingpu dam holds 315 million tonnes of water and lies just 550 yards from the fault line, and three miles from the epicentre, of the Sichuan earthquake. Now scientists in China and the United States believe the weight of water, and the effect of it penetrating into the rock, could have […]
Oil Players Stockpile Cheap Crude on Tankers
January 31st, 2009Via: Houston Chronicle: Oil demand has plummeted along with home prices and stock market indexes, but discerning where energy demand could go in 2009 isn’t easy. That’s why, as oil markets attempt to calibrate in the face of this recession, some traders, refiners, big oil companies and other interests have been buying cheap oil in […]
Man Freezes to Death After City Limits Electricity
January 27th, 2009Via: AP: A 93-year-old man froze to death inside his home just days after the municipal power company restricted his use of electricity because of unpaid bills, officials said. Marvin E. Schur died “a slow, painful death,” said Kanu Virani, Oakland County’s deputy chief medical examiner, who performed the autopsy. Neighbors discovered Schur’s body on […]
Oil Is Steady as Demand May Climb on Obama Bank-Rescue Plan
January 22nd, 2009Another factor which could lead to higher oil prices is Obama’s upcoming trillion dollar clusterf*ck orgy of government spending on “recovery.” I don’t know what that’s going to entail, but it will, by definition, require a hell of a lot of oil. —Oil Via: Bloomberg: Crude oil was little changed after rising on speculation a […]
States of Emergency Declared Across Europe Over Gas
January 9th, 2009Via: Times: Governments across Europe declared states of emergency and ordered factories to close as Russia cut all gas supplies through Ukraine yesterday in their worsening dispute over unpaid bills. José Manuel Barroso, the European Commission President, accused the two countries of taking the EU’s energy supply “hostage” amid a cold snap across the Continent, […]
Oil Traders Seek Another 10 Tankers, Frontline Says
January 8th, 2009WARNING: This is not a recommendation to buy, sell or hold any financial instrument. I’m pre-emptively adding this to Covert Operations and False Flag Operations so I’ll be able to find it in the aftermath phase of whatever these maniacs have planned to turn a profit on this oil. As much of the of the […]
Oil
January 4th, 2009WARNING: This is not a recommendation to buy, sell or hold any financial instrument. I was going to buy the United States Oil ETF on Friday, but it was sharply higher. I refuse to chase, though, so I’m going to wait for a pullback (that may or may not come). I’ve never touched oil before, […]
Russia Says It Will Halt Delivery of Natural Gas to Ukraine
January 1st, 2009Via: Washington Post: Russia said Wednesday night that it planned to suspend delivery of natural gas to Ukraine on Thursday morning after negotiations to resolve a politically tinged dispute over prices collapsed without an agreement. A cutoff of fuel shipments to Ukraine could have a ripple effect across Europe, because Russia supplies a quarter of […]
