Oil: China, Gazprom, Russia, Pipelines, Nigeria, WIEF

The Supertheory of Supereverything
Babba Zee
Outraged Spleen of Zion







Gogol Bordello:
Supertheory of Supereverything


(From L) Kuwaiti Deputy Prime Minister and Minister of State for Cabinet affairs Faisal al-Hajji, Afghan President Hamid Karzai, Jordanian King Abdullah II, Kuwaiti Emir Sheikh Sabah al-Ahmed al-Sabah, Senegalese President Abdoulaye Wade, Bosnian Presidency Chairman Haris Silajdzic and WIEF Chairman Tun Musa Hitam attend the opening ceremony of the 4th World Islamic Economic Forum (WIEF) in Kuwait City on April 29, 2008.

World Islamic economic forum set for 2011 in Kazakhstan:

Chairman of the World Islamic economic forum Tun Musa Hitam highly appreciated the Kazakhstani initiative to conduct for the first time in Central Asia so called "Muslim Davos," which alongside with the chairmanship of Kazakhstan at the Organization of Islamic conference (OIC) in 2011, will foster strengthening of trade-economic relations between Muslim countries"

In 57 countries-members of the OIC there are 70% of the world oil reserves are concentrated as well as half of gas reserves. Their aggregate GDP made up USD1,7 trillion, or 8% of the world economy volume.

Kazakhstan has major deposits of: petroleum, natural gas, coal, iron ore, manganese, chrome ore, nickel, cobalt, copper, molybdenum, lead, zinc, bauxite, gold, uranium

Soviet geologists once boasted that Kazakstan was capable of exporting the entire Periodic Table of Elements

Russian Prime Minister Viktor Zubkov, left, and Ukrainian Prime Minister Viktor Yanukovych shake hands during a meeting in Ashgabat, Turkmenistan, Thursday, Nov. 22, 2007. A regular meeting of the prime ministers of the Commonwealth of Independent States (CIS) is held in the Turkmen capital on Thursday. Prime ministers of Turkmenistan, Kazakhstan and Russia will hold a separate meeting to sign an agreement on the construction of the Caspian gas pipeline Turkmenistan-Kazakhstan-Russia.

Putin Clinches Deal for Uzbek Pipeline

Russia, Turkmenistan and Kazakhstan plan a separate pipeline that would also take Turkmen and Kazakh gas north to Russia. That pipeline would transport 20 bcm, and construction is scheduled to start late this year or early next year, Gazprom said on its web site

As Gazprom Goes, So Goes Russia

April 2008: Armenian President to Head Gazprom

With the Armenian government, Gazprom jointly owns ArmRosGazprom, which controls natural gas pipelines feeding Russian gas to Armenia and owns the Armenian section of a pipeline feeding Iranian gas to the country.

OK. WATCH CLOSELY NOW:

GAZPROM and CHEVRON have openly been PARTNERS since 2006

2005: Gazprom, Chevron Win Rafael Urdaneta Licenses in Venezuela

More GAZPROM & CHEVRON partnerships

GOOGLE Search: Gazprom Chevron

2007: James Jones: Appointed Special Envoy for Middle East Security

Uh Oh. He used to head NATO.....

AND: He is on the board at CHEVRON

I AM NOT INSANE, MOST EXCELLENT FESTUS!

2005: China has America over a Barrel

US Vice President Dick Cheney, China's increasing stakes in Central Asian oil resources provide the backdrop to his ties with Chevron. Cheney had negotiated a 900-mile pipeline from its western Kazakhstan oil fields to the Black Sea on behalf of Chevron. However, Chevron later decided to sell its stake in another oil and gas field in northwest Kazakhstan to China National Petroleum Company International (CNPCIL) in October 2003, as it did not fit the company's "long-term strategic objectives". It is unknown what Cheney had to say to that. Nor does it explain the agreement between ChevronTexaco and CNOOC a few days later to supply about $21 billion of LNG to China over 25 years from the Gorgon Australian Gas joint venture, in which it has a 50 per cent stake.

Condoleezza Rice was a Chevron Director from 1991 until January 15, 2001

They even named a tanker after her!

ARE YOU SCARED YET?

David J. O'Reilly, Chief Executive Officer of Chevron and this year's co-chairman of the World Economic Forum (WEF), attends the opening news conference of the annual WEF meeting in the Swiss Alpine resort town of Davos January 23, 2008. This year's annual meeting of some 2,500 political, business and cultural leaders will address the forum's overall theme 'The Power of Collaborative Innovation'.

I just find this creepy: 2004: Chevron buys Enron building

Oh! No wonder I found it creepy:

The facts in this case are undisputed. Enron is the operator of several oil and gas properties that it owns with Chevron U.S.A., Inc. (Chevron). Enron produced oil and gas from these properties, and Chevron took its share of the production in kind.

SUDAN: THE CHEVRON PERIOD: 1974-92

9/3/08:

A federal judge late last week lashed out at the State Department's denial of visas for more than a dozen Nigerian witnesses set to testify in a pending trial over allegations that Chevron Corp. aided the Nigerian military in human rights violations a decade ago

June 2008: Gazprom and China Salivate over Nigeria

June 2008: Gazprom, China Eye Nigeria's Ogoniland

Here's Condi's Special ME Security Envoy Jim Jones again, in Sudan & Nigeria, 2005

CRISIS IN NIGERIA : OIL INFERNO

According to General James Jones, in testimony offered to the Senate Armed Services Committee in 2005, the new objective in Africa "should be to eliminate ungoverned areas, to counter extremism, and to end conflict and reduce the chronic instability" because of Africa's "potential to become the next front in the Global War on Terrorism.

2007: Chevron Shouldn't Play Russian Roulette

To truly grasp the risk and liability posed by Chevron's possible acquisition of Yukos assets, take a look at the history of the Kremlin's campaign. In a few short years, Russia's largest private taxpayer and most successful and well managed oil company, Yukos, has been brought to the brink of ruin, all because Khodorkovsky made two "mistakes." First, he got involved in politics through the support of opposition parties and civil society NGOs. Second, he threatened state-owned energy companies by out-competing them, advocating a free market for the Russian energy industry and welcoming investments by U.S. partners, such as ExxonMobil and, ironically, Chevron

WHO TF is Mikhail Khodorkovsky and why do we care?

As of 2004, Khodorkovsky was the wealthiest man in Russia, and was the 16th wealthiest man in the world, although much of his wealth evaporated because of the collapse in the value of his holding in the Russian petroleum company YUKOS.

On October 25, 2003, Khodorkovsky was arrested at Novosibirsk airport by the Russian prosecutor general's office on charges of fraud. Shortly thereafter, on October 31, the government under Vladimir Putin froze shares of Yukos because of tax charges. The Russian Government took further actions against Yukos, leading to a collapse in the share price. It purported to sell a major asset of Yukos in December 2004.

2007: Gazprom, indirectly, wins assets of Yukos

9/4/2008: Gazprom Neft Looks To Send Crude To China Via Kazakhstan

Kazakh President Nursultan Nazarbayev, right, and Russian President Dmitry Medvedev seen during a welcome ceremony at the presidential palace in Astana, Kazakhstan, Thursday, May 22, 2008. Dmitry Medvedev arrived in Kazakhstan on Thursday on his first trip abroad as Russia's new president, reaffirming Moscow's push to control the flow of energy from the Central Asian region.


Kazakh Oil: A War of Nerves

Even before the Georgia mini-war, Russia was playing for keeps in the region. Starting in the 1990s, Russia often got its way by manipulating its oil and natural gas pipelines, which, despite the West’s efforts, still dominate Caspian output. Russian pipelines ship more than 85% of the 6.3 million barrels of oil exported daily from the former Soviet Union. In its struggles with the republics, Russia has turned its spigots off and on repeatedly. In 1993, for instance, Moscow shut off Turkmenistan’s gas exports to the West, forcing the Turkmen to sell at a lower price to Ukraine.

Kazakhstan has been the biggest prize of all. It didn’t look that way in the Soviet Union’s last days, when the flow of money from Moscow slowed considerably, and Kazakhstan had to take out a loan to feed its cattle. It had Tengiz, with at least 9 billion barrels of reserves, plus 13 billion-barrel Kashagan, the largest oil discovery anywhere in 40 years. Yet it was still hard to picture how a territory lacking a single private office building, in which the biggest business was importing Coke and whiskey, would become a petro-state.

BTW? Kazakhstan harasses it's Christians

"China still on-side with Russia"

These apparent differences between Russia and its Shanghai Cooperation Organization (SCO) partners - China, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan - are indications of the fragility of this regional security group, and many of its members simply dream different dreams while sleeping on the same bed with Moscow. Last if not least, Georgia lost no time in thanking China for not taking sides

Iran seeks to join Shanghai Cooperation Organization
Naturally!


From left, Iranian President Mahmoud Ahmadinejad, Kazakh President Nursultan Nazarbayev, Chinese President Hu Jintao, Kyrgyz President Kurmanbek Bakiyev, Russian President Vladimir Putin stand for a group photo in a residence in Bishkek, Kyrgyzstan, Thursday, Aug. 16, 2007, at a start of a summit of the Shanghai Cooperation Organization.

Charter of Shanghai Cooperation Organisation
"Reaffirming our adherence to the goals and principles of the Charter of the United Nations"

Olympic Invasion: China, the Shanghai Cooperation Organization and Russia's Aggression

The CFR on the SCO

2006: The Shanghai Cooperation Organization acquires military character

2007: Six member countries of the Shanghai Cooperation Organization (SCO) Wednesday stage joint military exercise in Russia

9/3/08: RUSSIA AND THE SHANGHAI COOPERATION ORGANIZATION


From left, Turkmenistan's President Gurbanguli Berdymukhamedov, Iranian President Mahmoud Ahmadinejad, Kazakh President Nursultan Nazarbayev, Chinese President Hu Jintao, Kyrgyz President Kurmanbek Bakiyev, Russian President Vladimir Putin, Tajik President Emoamli Rakhmon, Uzbek President Islam Karimov, Mongolian President Nambaryn Enkhbayar and Afghan President Khamid Karzai pose for press in a residence in Bishkek, Kyrgyzstan, Thursday, Aug. 16, 2007, at a start of a summit of the Shanghai Cooperation Organization.

Text of unattributed report headlined "Europe's efforts to buy Iran's gas: Many high ranking financial and political delegations are on their way to Tehran for talks " published by Iranian news paper Jam-e Jam website on 8 September

See also my Oilympics Post and WhoTF is Gaith Pharon and why should you care?

WANT more Babba Zee and the Outraged Spleen of Zion? Try these recent posts: * WFRL: Let's Go Get Stoned * Missing Links: Equinox Bound to Fall

by Babba Zee
images: Outraged Spleen of Zion
Source: The Supertheory of Supereverything

OPEC Minister to American, Congress: Thanks!

Seen while perusing the Internet.

FOR CONGRESS TO MULL OVER

Think about it:

The OPEC minister may look you in the eye and say, "We are at war with you infidels and have been since the embargo in the 1970s. You are so arrogant you haven't even recognized it.

You have more missiles, bombs, and technology; so we are fighting with the best weapon we have and extracting on a net basis about $700 billion/year out of your economy.

We will destroy you! Death to the infidels!

While I am here I would like to thank you for the following:

* Not developing your 250-300 year supply of oil shale and tar sands. We know if you did this, it would create thousands of jobs for U.S. citizens, expand your engineering capabilities, and keep the wealth in the U.S. instead of sending it to us to finance our war against you infidels.

* Thanks for limiting defense dept. purchases of oil sands from your neighbors to the north. We love it when you confuse your allies.

* Thanks for over-regulating every segment of your economy and thus delaying, by decades, the development of alternate fuel technologies.

* Thanks for limiting drilling off your coasts, in Alaska, and anywhere there is an insect, bird, fish, or plant that might be inconvenienced. Better that your people suffer. Glad to see our lobbying efforts have been so effective.

* Corn based Ethanol. Praise Allah for this sham program! Perhaps you will destroy yourself from the inside with theses types of policies. This is a gift from Allah, praise his name! We never would have thought of this one! This is better than when you pay your farmers NOT TO GROW FOOD. Have them use more energy to create less energy, and simultaneously drive up food prices.
Thank you U.S. Congress!

* And finally, we appreciate you letting us fleece you without end. You will be glad to know we have been accumulating shares in your banks, real estate, and publicly held companies. We also finance a good portion of your debt and now manipulate your
markets, currency, and economies for our benefit.

THANK YOU AMERICA!

You stupid fools!

Praise Allah!

--We'll say it once again: sometimes the comments are better than the article posted.

by Mondoreb
Source:
* Comment by Barbara E., Scottsdale, AZ
on ENPR: Republicans Demoralized But Presidential Race Still Close
images: american

Montana's Bakken Oil Find: Good News, Bad News

HUGE Oil Field in Montana is Good News for Consumers
--Which Makes it Unpalatable for the Mainstream Media



While Jeroen van der Veer, Shell’s chief executive, fears for the future of oil supplies after 2015--maybe he's confusing Shell's oil supply with the rest of the world's--Newsmax has just released information on the HUGE oil discovery in Montana: the Williston Basin or "Bakken" field.

About 470 miles outside the state capitol of Helena - in a place called Richland County, Montana - more millionaires are being created per capita than anywhere else in America.

It's the largest domestic oil discovery since Alaska's Prudhoe Bay and has the potential to eliminate all American dependence on foreign oil.

The Energy Information Administration (EIA) estimates it at 503 billion barrels. Even if just 10% of the oil is recoverable... at $107 a barrel, Montana is looking at a resource base worth more than $5.3 trillion.

* "When I first briefed legislators on this, you could practically see their jaws hit the floor. They had no idea." says Terry Johnson, the Montana Legislature's financial analyst.

* "This sizeable find is now the highest-producing onshore oil field found in the past 56 years," reports The Pittsburgh Post Gazette.

It's a formation known as the Williston Basin, but is more commonly referred to as the "Bakken." And it stretches from Northern Montana, through North Dakota and into Canada.

For years, U.S. oil exploration has been considered a dead end. Even the "Big Oil" companies gave up searching for major oil wells decades ago. However, a recent technological breakthrough has opened up the Bakken's massive reserves... and we now have access of up to 500 billion barrels.

And because this is light, sweet oil, those billions of barrels will cost Americans just $16 PER BARREL!

That's enough crude to fully fuel the American economy for 41 years straight.

As one can see from the map below, before the 'Bakken' discovery, the U.S. was still a major oil producer--it is just a major consumer, also.



The relative MSM coverage of the 'Bakken' find is another example of the topsy-turvy media reporting to which the USA--and most of the rest of the world--has grown accustomed.

Politicians, most of who have seldom been involved in anything economically-productive, are looked to as providing answers to complex questions. As Thomas Sowell has said:

Let's face it. Supply and demand will never replace "need" and "greed" in political discussions of economic issues.

Talking about the "need" for more affordable housing or more affordable medical care is what will get politicians more votes this election year.

Voters don't want to hear about impersonal things like supply and demand. They want to hear about how their political heroes will stop the villains from "gouging" them or "exploiting" them with high prices.

Moral melodrama is where it's at, politically.

Moral melodrama, indeed.

Politicians in general--and Democrats, in particular--find little that is "sexy" in talking about supply and demand. How much easier to switch the subject: to "Big Oil Villains".

It has always been thus: politicians TALK about hard questions, hard problems and hard solutions, while their ACTIONS scream "easy". We've come to expect this: their desk plaques might read "Senator" and "Congressman" when you see them on C-SPAN, but for most, a simple "Politician" label would be more accurate.

Careful followers of the economic debates that occupy today's politicians understand this and sigh. But it's seemingly above the heads of most MSM reporters, Bill O'Reilly and Democrat Congressional members.



The 'Bakken' field is economic good news for the U.S.A. and for American consumers.

That's reason enough to provoke little excitement among the Mainstream Media and campaigning politicians.

by Mondoreb
Sources:
* Shell chief fears oil shortage in seven years
* Too "Complex"?: Part II
DBKP.com - Bigger, Better!.
Back to DBKP at Blogger Front Page

America Sitting on Vast Oil Reserves: Energy Non-Crisis

There is enough oil in the North Slope of Alaska to provide
for America's energy needs for the next 200 years.

left-North Dakota oil fields are booming, according to one report.

America's untapped oil reserves are vast and waiting.

There is enough oil in the North Slope of Alaska to provide for America's energy needs for the next 200 years.

Before making Americans jump through the tiresome hoops of more government regulation in the pursuit of energy conservation, controls should be lifted that keep American companies from exploiting oil reserves which sit below the surface of the USA.

America is sitting on top of a super massive 200 billion barrel Oil Field that could potentially make America Energy Independent and until now has largely gone unnoticed. Thanks to new technology the Bakken Formation in North Dakota could boost America’s Oil reserves by an incredible 10 times, giving western economies the trump card against OPEC’s short squeeze on oil supply and making Iranian and Venezuelan threats of disrupted supply irrelevant.

These deposits are stark proof that the U.S. is not running out of oil; the sky is not falling.

In the next 30 days the USGS (U.S. Geological Survey) will release a new report giving an accurate resource assessment of the Bakken Oil Formation that covers North Dakota and portions of South Dakota and Montana. With new horizontal drilling technology it is believed that from 175 to 500 billion barrels of recoverable oil are held in this 200,000 square mile reserve that was initially discovered in 1951. The USGS did an initial study back in 1999 that estimated 400 billion recoverable barrels were present but with prices bottoming out at $10 a barrel back then the report was dismissed because of the higher cost of horizontal drilling techniques that would be needed, estimated at $20-$40 a barrel.

It was not until 2007, when EOG Resources of Texas started a frenzy when they drilled a single well in Parshal N.D. that is expected to yield 700,000 barrels of oil that real excitement and money started to flow in North Dakota. Marathon Oil is investing $1.5 billion and drilling 300 new wells in what is expected to be one of the greatest booms in Oil discovery since Oil was discovered in Saudi Arabia in 1938.

The US imported about 14 million barrels of Oil per day in 2007 , which means US consumers sent about $340 Billion Dollars over seas building palaces in Dubai and propping up unfriendly regimes around the World, if 200 billion barrels of oil at $90 a barrel are recovered in the high plains the added wealth to the US economy would be $18 Trillion Dollars which would go a long way in stabilizing the US trade deficit and could cut the cost of oil in half in the long run.

And that's not all...

Lindsey Williams, who has been an ordained Baptist minister for 28 years, went to Alaska in 1971 as a missionary. The Transalaska oil pipeline began its construction phase in 1974, and because of Mr. Williams' love for his country and concern for the spiritual welfare of the "pipeliners," he volunteered to serve as Chaplain on the pipeline, with the subsequent full support of the Alyeska Pipeline Company. Because of the executive status accorded to him as Chaplain, he was given access to information documented in his eye opening book, The Energy Non-Crisis.

After numerous public speaking engagements in the western states, certain government officials and concerned individuals urged Mr. Williams to put into print what he saw and heard, stating that they felt this information was vital to national security. Mr. Williams firmly believes that whoever controls energy controls the economy.

Thus, The Energy Non-Crisis.

See the video and read the rest of "The Energy Non-Crisis: America Sitting on Huge Oil Reserves" at DBKP.com

by RidesAPaleHorse & Mondoreb
images:
* allposters
* geology.rockbandit
Sources:
* The Energy Non-Crisis: America Sitting on Huge Oil Reserves
* Massive Oil Deposits Could Increase Energy Reserves 10x


DBKP.com - Bigger, Better!.
Death by 1000 Papercuts Front Page.

Warning Over Oil Production Decline: Just Another Wrong Prediction

[photo:oil technology]
by Mondoreb

"Space travel is bunk."
--Sir Harold Spencer Jones, Astronomer Royal of the UK, 1957

Two weeks after Sir Harold made the above prediction, the Russians launched Sputnik. People in the business of making predictions often make them, hoping that no one will remember their wrong ones. That's the hope of Energy Watch Group, which released some details of an alarming study they've conducted.

More from the Guardian's Ashley Seager:

World oil production has already peaked and will fall by half as soon as 2030, according to a report which also warns that extreme shortages of fossil fuels will lead to wars and social breakdown.

The German-based Energy Watch Group will release its study in London today saying that global oil production peaked in 2006 - much earlier than most experts had expected. The report, which predicts that production will now fall by 7% a year, comes after oil prices set new records almost every day last week, on Friday hitting more than $90 (£44) a barrel.

Few will remember the famous prediction in the late 1800s of a Philadelphia newspaper which warned of "horse manure piled 4 feet high" in the streets. Or of Time's "New Ice Age" cover in the mid-1970s: one proposed solution in the magazine was to melt the polar ice caps.

Paul Ehrlich's famously wrong predictions about population, hunger and scarcity of resources also comes to mind when reading this report. Of course, global warming enthusiasts will jump on it as proof that "time is running out"--most likely for more expansion of government and less consumer satisfaction.

Other energy predictions contradict the EWG report. Those predictions are made by the companies and people who are putting their money where their mouths/predictions are: energy companies themselves, who have the most to lose if they are wrong. Yet this EWG "study" will be trumpeted as a means to frighten the ignorant into action--any action--to cure this non-problem. Bits Blog puts it this way:

You know, this business might actually be scary if we hadn’t been hearing exactly the same thing since the 1950’s. But the bottom line is that it’s no more true now, than it was then. Ya see… the one factor that they keep forgetting to add to the mix is that we keep finding new ways to discover the stuff.

The Guardian's article goes on to admit: "The results are in contrast to projections from the International Energy Agency, which says there is little reason to worry about oil supplies at the moment."

Predictions are a risky business. The Energy Watch Group's forecast will likely be no more accurate than the following prediction, made three years before Sir Harold's.

"You ain't going nowhere, son. You ought to go back to driving a truck."
-- Jim Denny, manager of the Grand Ole Opry, in firing Elvis Presley after a performance, 1954

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