Chevron Refinery, El Segundo, California

Here they are, folks, the very Hot List of Global Warming’s Worst Merchants of Death. The for-profit companies who put the money they rake in from burning fossil fuels ahead of the safety, welfare and well being of your kids, of your parents, of your grandparents and of everyone you hold near and dear.

They know exactly what lethal damage their products and their manufacture are responsible for, but the money always comes first for these contract killers – unless of course you’re asking them to pay the bill for that damage.

So let’s take a look, straight from our friends at the California Air Resources Board*, at the Top Emitters of Greenhouse Gases in California, for 2008.  I’ve specially highlighted the three out of ten that are within just 10 miles of my home.

1. Chevron Refinery, Richmond: 4,792,052 metric tons
2. Shell Oil Refinery, Martinez: 4,570,475 metric tons

3. BP Refinery, Carson: 4,504,286 metric tons (9 miles from my house)

4. Chevron Refinery, El Segundo: 3,603,446 metric tons (8.4 miles from my house)

5. Dynegy Power Plant, Moss Landing: 2,962,149 metric tons

6. Exxon Refinery, Torrance: 2,852,374 metric tons (5.7 miles from my house)

7. Valero Refinery, Benicia: 2,796,057
8. Tesoro Refinery, Martinez: 2,703,145
9. Southern Calif. Edison-Mountainview Power Plant, Redlands: 2,697,142
10. La Paloma Power Plant, McKittrick: 2,544,398

* Actually, the CARB let the polluters tally up their own numbers, so you best double these public numbers if you want to get the honest total.

Big Congrats to California’s very own Chevron, who spewed more than double the greenhouse gas of their nearest carbon collaborator-  and who does more damage to our health than any other refiner in California.  No one does more harm to the health of children and pregnant women than the Chevron polluters who use toy cars to fool kids into thinking they’re the good guys.  Shameless would be a step up for Chevron.

When you hear these professional global warmers lie and spin and bribe and con, just remember – they do it for money and there is no line they will not cross in exchange for that buck.  They’ll give money to your schools, your libraries, your hospitals – whatever you need, just so long as you let them destroy our climate from your home town.

But don’t worry.  Even if you’re not getting any of that Chevron or Exxon cash, rest assured you’ll be getting the death and destruction that comes from using their products – and from having them made anywhere on the map.

View Larger Map

If you look at the satellite views of these fatal facilities you’ll see acres and acres of unobstructed land just perfect to use for solar power generation.  All of these locations are already heavily hooked up to the grid and would need no new transmission lines to be feeding renewable energy into our electric mix instead of feeding more global warming into the already overheated atmosphere.

If our kids are going to survive and thrive as our generation has – all 10 of the facilities on this list – along with their counterparts all across the USA – must be gone from this map 10 years from now.

A couple days ago, one of my  regular readers( astro)  shared a shocking story here in the comments section. His source for the information was http://willcocks.blogspot.com/.

During one of last weeks storms and ensuing high seas, a cargo ship that was anchored offshore Mayne Island was pushed onto a reef, where it immediately became a serious threat to the coastline.  While the ship was a cargo freighter, the fuel tanks may have been carrying up to 1.2 million gallons that- had the hull been punctured or breached- would have had catastrophic impact on our coast line.

Now, ships run aground more frequently than one thinks, so the fact that a ship became grounded on a reef is not the shocking  part of the story  that I refer to.

What is shocking, is that the BC Ministry of Environment saw the seriousness of the situation, and immediately notified the American government – but did not tell British Columbians one word. The American government issued a press release immediately, and swiftly mobilized staff to monitor the situation.  I can not find one word of a press release from our government, still, today.

From Paul Willcock’s Blog:

So the B.C. Environment Ministry told Washington State, but provided no information to British Columbians.
The DFO, as far as I can tell, provided no public information.
The Gulf Islands Driftwood had the story by Friday afternoon.
But 72 hours after an incident that “could have oiled the islands on both sides of the border,” according to the government of Washington State, only a small number of British Columbians knew about the grounding. Governments were silent.
The argument for tanker traffic relies heavily on the effectiveness and accountability of governments in protecting the public interest.
But only Washington seemed to think this important enough to tell the public about.

 The B.C. and Canadian governments didn’t think you needed to know.

Grant from The Straight Goods, took a break from busting Christy Clark’s chops long enough to give his take on the situation, HERE.  

Today is Tuesday, November 24th, and as of yet I have heard, nor read any coverage of this locally. Nothing. Nada. Zip. Zilch.

In fact, had it not been for ‘astro’ bringing us that bit of information from Paul’s website, I would never had heard about the incident that ” posed a significant risk of a large black oil spill” and ” could have oiled  the islands on both sides of the border”. Likely you would not have either, unless you read Paul’s site, or Grant’s blog.

To me, it is completely unacceptable that the BC government would see fit to warn Americans of the possible danger of this grounding, but leave British Columbians in the dark! It makes me wonder at what point would they have issued a press release? When the oil was lapping on our shores?

***UPDATE: November 25th- I found this item on the NDP site : ” Liberal minister clueless about major threat to our coast”

excerpt:

When questioned by media in the legislature on Monday about the threat caused by the Hebei Lion, a large freighter that ran aground near Mayne Island last week, the B.C. Liberal Environment Minister, Barry Penner, had no idea an incident had even occurred.

~snip~

Fleming is especially concerned about the Mr. Penner’s lack of awareness about the situation given that other B.C. Liberal ministers are lobbying heavily for expanded crude oil supertanker traffic and for the lifting of the federal moratorium on coastal drilling.

“If the B.C. Liberal environment minister doesn’t even pay attention to the environmental threats caused by routine shipping activities, how can the people of British Columbia trust him to protect our coastal wilderness from coastal drilling and crude oil supertanker traffic?” asked Fleming.

Carole James and the New Democrats are fighting for an environmental action plan that respects communities, offers families positive choices and commits to concrete action to protect species at risk.

According to this release,” the media”  questioned Barry Penner about this incident in the legislature, and he clearly had no clue it even happened, so what happened next? Nothing for those of us on the mainland. The  Victoria Times Colonist ran this story yesterday, but as of this morning I can find nothing in any of the large local dailies or any other evidence this made a newscast in BC.

 I’d like to know who in the media did that line of questioning, and why this item  apparently did not make it to print or TV on this side of the water.

  Is this not newsworthy for all British Columbians, or is everyone expected to read the Times Colonist?

***************************************************************************************************************************

If anything, this incident give me another reason to make something old, something new again. The Enbridge Northern Gateway Pipeline Project.

An issue for me the moment I heard about it, this is something I have been blogging about since May of this year, trying to inform as many people as I can.

The following is a re-post of a piece I published here online back in July, and leads you to links on other bits I’ve done previous to then, that will give you even more background on why this latest incident should make you all think about the risks we may shortly face along BC’s beautiful coast.

Debate rages on over Enbridge ‘Northern Gateway’ Project and the Liberals plan to allow oil tankers along the B.C. coast

As I sat and watched the CBC documentary, ” Black Wave: The Legacy of the Exxon Valdez” , I couldn’t help but wonder how long it would be before a disaster like this hit our beautiful B.C. coastline. That is, if the Northern Gateway project goes ahead in northern B.C., resulting in oil-supertankers zig-zagging their way along-side it.

The focus of intense scrutiny from both residents in the area and environmentalists alike, the project centers around the  construction of two pipelines that  will, when built, originate in the Edmonton area ,cross northern B.C. and will end in the port community of Kitimat. This is where Enbridge will construct a new  port terminal, complete with two berths to accommodate oil tankers.  Residents and environmentalists are worried about the likelihood of oil spills along  both of the pipelines and the coastal waters of British Columbia –  frankly, so am I.

I’ve written about this issue previously HERE and HERE- covering both the political and environmental angles of it. Although the NDP brought this project and the likelihood of oil tanker traffic along our coast up as an election issue,( oil tanker traffic has not been allowed along the BC coast for years, but Gordon Campbell plans to change all that)  I’ve heard nothing since their defeat – a shame on all counts. The issue has certainly become no less important  nor has it gone away.

 This is why the timing of an email I received from a Kitimat resident was so relevant to what I learned from the Exxon Valdez documentary. But first, let’s take a look at the statistics.

Contrary to information given by those who support the project, oil spills at sea are not uncommon events at all. In fact, they  actually happen all the time – they are just not highly publicized unless it is such a disastrous event that it merits the fleeting attention of the press. A good majority of spills happen at sea, and never even merit a mention, and some go entirely unreported. The documentary mentioned above covers all of this in complete detail, and is a must see for anyone who cares about this coastline.

 According to the International Tanker Owners Pollution Federation, there were 13 reported spills in 2007, and 3 of them were over 700 tonnes, which is considered to be a large spill. 

It is accurate to say that with the number of oil tankers predicted to be travelling the coast of BC carrying condensate and oil back and forth from the pipeline, it is not a matter of  ” if a spill happens”, but rather “when it happens”.  And unlike spills at open sea, a spill among the islands and channels of the B.C coastline would have devastating and long-lasting  consequences for years to come.

Nearly twenty years after the EXXON spill, there is still oil to be found in the area, not to mention the economic and personal costs inflicted on the residents that have never disappeared.

For example, the bankruptcies that occurred when several fisheries tanked as a result of oil contamination that affected the fish runs.

 A class action court case that took so long children grew into adults while it continued on, because Exxon vowed they would do everything they could to NOT pay that judgement.

And the suicides – let us not forget those. Wonderful and vital members of the town of Cordova, Alaska who lost much during the years following the spill – including all hope – and could no longer bear the stress and strain of life after EXXON.  There is no compensation for them, or their families because how can you attach a monetary value to a life.

In the end, the ocean and the town and the people in it were nothing more than a big bill to Exxon, a bill they didn’t even want to pay, because to pay the judgment meant losing money out of their operating capital that could be busy making them more money. Despite telling the people of Cordova they would make it right, and do whatever it took to make that happen, in the end it was not anything good or noble that made them pay- it was the highest court of law in the United States of America.

Is this what the residents of B.C. want? I can’t answer that question, because in my experience, very few people  even know this project is happening, let along being supported fully by the B.C. government. 

 It is that lack of knowledge , and the lack of attention being paid to this by most local media, that infuriates me. How can someone object to something that they have no knowledge of?  This is just what the Campbell government wants, and does best – keep silent, don’t answer any questions, and keep the people in the dark.

You will hear  the premier speaking often about opening up the Asia Pacific Gateway, but has anyone heard the premier speak about how  his government plans to handle an oil spill along the B.C coast that he promotes every where he travels? Supernatural BC alright – I wonder what will happen when boaters and coastal residents wake up and see the tankers along the coast…or worse yet, the stench of crude oil as it laps upon their beautiful seaside retreats – some of them perhaps, Liberal vacation homes.

It is the effort to inform the public  combined with a fierce love for this province that drives the residents opposed to this project up north to soldier on, people like Murrey Minchin.

 I received this letter to the editor he sent to the Northern Sentinal newspaper in Kitimat, on July 16th – Mr. Minchin will advise me if it is indeed published, as many publications in the north have developed a reputation for not printing letters that are in opposition to the project. I have inserted the link to the Enbridge webpage where the amount of oilspills they have had can be found, on page 34

http://www.northerngateway.ca/

http://www.cbc.ca/documentaries/natureofthings/2009/exxonvaldez/

BREAKING NEWS: CALIFORNIA AIR RESOURCES BOARD JUST RELEASED BLOCKBUSTER GREENHOUSE GAS REPORT OF STATE’S WORST POLLUTERS AND GLOBAL WARMERS
TORRANCE EXXON REFINERY RANKS #6 IN CALIFORNIA, EL SEGUNDO CHEVRON REFINERY IS #4

Click on the breaking news above and you’ll finally get to see the greenhouse gas numbers on our two local climate changing refineries that I’ve been demanding for a year now.  The CARB released them about an hour ago, too early for the morning papers, but not to early for your Creative Greenius.

I’ve been a little busy the past few months and I’ve fallen behind in covering some of the bigger environmental news stories locally here in my own backyard, but today we’re going to play catchup, big time -   

Councilman Furey pledging his allegiance to fossil fuels, global warming and more CO2

Let’s start with the $80,000 legal bribe Torrance City Councilman, Pat Furey, was so proud of getting from his friends at the world’s most unethical oil company, you know… the one currently melting the ice caps, glaciers and overheating our planet’s atmosphere while lying, scamming and covering up their deadly actions.  Yeah, that’s right -  good old #6 on the state list of greenhouse gas emitters the Torrance refinery owned by EXXON!

It happened on October 20 and I was there in-person, sitting in the front row with Torrance Democratic Club President, Rick Wagner, when Furey practically soiled himself in his seat, so enthusiastic and praise-filled was his shameless ballwashing of Exxon as our great neighbor who contributes to the health and well-being of our community. So shameless was Fossil Furey that he extolled the value of having Exxon around for our kids.

Yes, the same kids whose future Furey just sold down the river for a new library in his district.  Furey will tell you his whole career has been all about helping kids.  Too bad his actions enabling Exxon to destroy the futures of those very same children wipes out the value of that resume.

The Greenius says the children of the South Bay and all of California should hold this fluffer for Exxon personally responsible for the hell and high water that’s coming their way.  Just as they should hold every one of Furey’s fellow failed public servants libel since they all voted unanimously to have the citizens of Torrance bend over for this $80,000 payoff.  Their inexcusable ignorance harms us all.

And if you think that’s too tough and too harsh then you don’t know Exxon’s record of evil like I do.  But you should.  Just read this:

Records show ExxonMobil gave hundreds of thousands of dollars to lobby groups that have published ‘misleading and inaccurate information’ about climate change

Even self-professed “Environmental Champion,” Cliff Numark, who looked so embarrassed and ashamed of himself I thought he was going to crawl under his chair, voted “YES” to praise Exxon and sell my city’s soul for cash.  But shamed though he might have been, Champion Cliff, couldn’t find the cajones to cast a “no” vote.  Not exactly a profile in courage, was it, Cliff?

$80,000 in exchange for pumping 2,852,374 tons of greenhouse gas into the air all our kids breathe while we’re already in the danger zone for global warming?  Damn, these politicians sell our kids out for peanuts, don’t they?

Here’s the brilliant job of reporting our Living Dead Zombie newspaper, the Daily Breeze, did on this news:

EXXON MOBIL DONATION:

ExxonMobil Torrance, CA

An unidentified refinery process unit was shut down Aug 25.
No restart estimate.

It’s obvious to this Creative Greenius that Exxon is not just one of the single biggest obstacles to stopping Global Warming and one of the biggest polluting companies on the face of this earth – it’s obvious that they flat out own the government here in ToxicTown Torrance.  They own them and they control their votes and they do it by paying them for it.  As Woodward and Bernstein taught me while I was still in high school – Follow the Money.

Maybe Exxon money is the reason there wasn’t a single elected official or city worker in Torrance who would tell the city’s citizens how much CO2 that Exxon refinery was pumping into our atmosphere for the past two years.  But now we know, because the Air Resources Board finally released the number we never would have gotten if it was up to the people who take checks from Exxon to pay the bills.

“Oh, Greenius, you’re just being mean and too harsh!” you might be saying.  “Maybe the Mayor and the City Council aren’t evil and sellouts, maybe they’re just too ignorant to understand what they’re voting on,” you might remind me. “They’re not criminals, they’re just clueless,” might be your rallying cry on their behalf.

You might be right.

Maybe that’s why this same group of representatives also voted unanimously on October 20 to endorse and support the 350 ppm target for CO2 at the very same Council meeting mere minutes after falling all over themselves to genuflect in front of their oil company masters.  Perhaps they don’t understand that we can’t reach 350 with that fossil fuel Exxon Mobil refinery doing what they do in our town.

It doesn’t matter whether they understand or not.  They’ve made commitments to reduce greenhouse gases and to get to 350 and they will be held to those commitments whether they grok it or they don’t.  They won’t have a choice from a responsibility standpoint and they don’t have a choice scientifically either.

Don’t forget – I too have made a commitment and I take my commitments a lot more seriously then people who will sell their votes for cash.  I’m committed to getting rid of that Exxon Mobil refinery by my 60th birthday on September 18, 2017. I’ve said so publicly and I understand exactly what I’m talking about.  Those 750 acres are now slated to become a large scale solar powered energy plant.

Maybe the incompetent representatives and staff here in Torrance whose salaries my tax dollars pay for don’t have a clue what’s coming next for Exxon and their future around these parts, but I do.

Soyez craintifs quand les autres sont avides, soyez avides quand les autres sont craintifs.” Cet adage boursier, Warren Buffett, l’homme d’affaires américain multimilliardaire de 79 ans et star de Wall Street le respecte depuis toujours à la lettre.

En 2000, le “papy” de la finance était d’ailleurs resté parfaitement indifférent à l’euphorie générale autour des valeurs Internet, figurant ainsi parmi les rares investisseurs épargnés par l’éclatement de la bulle. Aujourd’hui, M. Buffett annonce au contraire des investissements en pagaille : quelques millions de dollars dans Wal-Mart, dans Exxon, et même plusieurs milliards dans une compagnie de chemin de fer. Au moment même où le marché s’inquiète.

L’évolution des indices à Paris, Londres, New York et Tokyo observée entre le lundi 16 et le vendredi 20 novembre, témoigne en effet de la frilosité et des hésitations des investisseurs. Sur la période, le CAC 40 a cédé 2,01 %, retombant à 3 729,36 points… un niveau de mars 1998. Le Footsie de Londres a lui reculé de 0,85 %, quand le S & P 500 aux Etats-Unis et le Nikkei au Japon cédaient respectivement 0,19 % et 2,79 %.

Le “papy de la finance”, aura-t-il raison contre la foule des investisseurs ? “Warren Buffett s’est parfois trompé “, prévient Jean-Louis Mourier, analyste chez Aurel BGC. De fait, pour la plupart des experts, les hésitations du marché ne sont pas absurdes, loin de là. Car si la reprise de l’économie mondiale est maintenant acquise, il y a beaucoup de “mais” à ajouter. Le premier est que cette reprise sera molle.

Jeudi 19 novembre, les prévisions de l’Organisation de coopération et de développement économiques (OCDE) ont confirmé que les trente pays de l’organisation sortiront de la récession en 2009, mais avec une croissance réduite à 1,9 % en 2010. La reprise sera “modeste” et soumise à de “fortes” incertitudes, a prévenu l’organisation.

Les statistiques de mises en chantier aux Etats-Unis, en net recul sur le mois d’octobre (- 10,9 %) indicateur clé, ont aussi illustré cette semaine l’aspect chaotique de la reprise. A Londres, c’est la banque spécialisée dans le crédit immobilier Nationwide, qui a refroidi les investisseurs sur le même sujet, en disant s’attendre à une importante rechute des prix de l’immobilier en 2010.

Pour les autres secteurs de l’économie, les dirigeants d’entreprise ne sont guère plus enthousiasmants. Le groupe agroalimentaire Danone a indiqué mercredi que les effets de la crise, la hausse du chômage et la réduction progressive des aides à l’économie, allaient peser sur les dépenses de consommation. Et aux Etats-Unis, l’éditeur de logiciels d’entreprise Autodesk et Salesforce.com ont fait état de résultats décevants, montrant que la reprise de l’industrie technologique n’était pas franchement explosive.

Quant à ceux qui croient néanmoins à une reprise franche et massive, ils ont aussi des motifs d’inquiétude. Les politiques budgétaires et monétaires d’après-crise sauront-elles gérer la transition ?

“Il y a un risque de gâcher la reprise”, alerte Marc Touati, directeur des études économiques chez Global Equities. De fait, la croissance va s’accompagner mécaniquement d’une reprise de l’inflation. M. Touati redoute alors de voir resurgir la Banque centrale européenne. Réputé pour son obsession à contenir la hausse des prix, l’institut monétaire pourrait décider d’une remontée des taux d’intérêt directeurs. Or, l’opération sera forcément mal accueillie par le marché, car elle contribue à renchérir le coût des crédits, et bride la croissance.

Bref, après s’être en peu emballés en voyant l’économie mondiale sortir du tunnel – les marchés en Europe et aux Etats-Unis ont gagné 50 % depuis mars – “les investisseurs sont un peu perdus”, commente Vincent Juvyns, spécialiste des investissements chez ING IM.

Pour autant, il n’y a pas lieu de crier à la catastrophe. Selon lui, le CAC 40 a encore une bonne marge de progression, et pourrait atteindre 4 500 points en 2010. Doucement et avec des yo-yo réguliers, mais tout de même. Certains experts croient notamment au potentiel des valeurs de l’énergie verte, des technologies de l’information ou des valeurs du secteur des télécommunications, peu spéculatives mais offrant un bon rendement.

Autrement dit, M. Buffett a peut-être bien raison d’acheter dès maintenant, avant tout le monde. “Le but est de découvrir des compagnies extraordinaires à des prix ordinaires, et non des compagnies ordinaires à des prix extraordinaires”, se plaît d’ailleurs à rappeler le septuagénaire.

Claire Gatinois

Fonte: Le Monde

(click play on bottom toolbar)

PALIN FANS GO ROGUE
WATCH: SARAH BOOED AT BOOK TOUR EVENT
Unhappy fans of Sarah Palin went rogue on the Alaska Republican during her book tour stop in Noblesville, Indiana on Thursday.

and what the hell is Andrea Mitchell up to in this shot…?

Tea partiers turn on each other
After emerging out of nowhere over the summer as a seemingly potent and growing political force, the tea party movement has become embroiled in internal feuding over philosophy, strategy and money and is at risk of losing its momentum.

Read more:

Small Town To Liz Cheney: We Want Gitmo Detainees, Not Your Fearmongering

Officials in a small Michigan town featured in a new video about Guantanamo by Liz Cheney’s national security group want her to know that they’re not falling for her “fearmongering” — and tell us they want Gitmo detainees in their town.

Full story here: Plum Line

Palin’s Exxon Valdez account draws guffaws
ANCHORAGE, Alaska – Sarah Palin’s new memoir, “Going Rogue,” already has been strongly criticized by John McCain’s aides for her account as a vice presidential candidate on the ticket with him in their unsuccessful 2008 race for the White House.

Now, add Alaskan experts who were involved in the case over the 1989 Exxon Valdez disaster saying her account over her role in the litigation is distorted for a number of reasons.

“That is the most cockamamie bullshit,” said Dave Oesting of Anchorage, lead plaintiff attorney in the private litigants’ civil case against Exxon and its successor, Exxon Mobil Corp. “She didn’t have a damn thing to do with it, and she didn’t know what it was about.”

full story:

From Comedy Central
Gaywatch - Peter Vadala & William Phillips
Peter Vadala is fired for saying homosexuality is “bad stuff,” and Mick Foley protects a 10-year-old who supports gay rights.

316,000 Bongs, Disguised As Christmas Ornaments, Seized

LOS ANGELES — Customs officials say they got a surprise when they found 316,000 glass bongs disguised as Christmas ornaments at the Los Angeles harbor.

More here:

John McCain Could Lose Senate Primary To Tea Party Supporter

PHOENIX, AZ — Rasmussen announced a new poll on Friday showing Senator John McCain may be in trouble at home where a polarized electorate has him facing constant criticism from both the left and the right.

More here:

By Dirk Van Dijk
November 18, 2009

Normally, the focus of this article has been on the industries that have the best overall Zacks ranks, with an occasional mention of the industries that rank particularly badly and thus should be avoided. This week, however, I want to look at some of the industries that are showing sharp improvements in rank, even if they are still far from the top of the list.

Ideally, you would want to focus on the industries that are both near the top of the list and rising fast, but that rarely happens, especially for industries with a large number of participants. The Zacks Industry Rank is an un-weighted average of the Zacks ranks of the firms in the industry, so it is much easier for a small industry with only two or three firms in it to rise quickly and have a very good-looking rank than it is for a large industry with 25 or 30 firms in it.

A good example of an industry that is showing both a very good overall rank and substantial improvement is Oil Royalty Trusts, which with a industry rank of 2.00 is tied for 4th place with several other industries. What sets it apart is that it improved 21 spots in its ranking as the average ranking of its components, up from 2.43 last week. Every one of the seven firms in the industry has a Zacks Rank of 2.

These are great vehicles for income-oriented investors, as they simply represent big pools of oil or natural gas in the ground. As the oil is produced, the proceeds are paid out in the form of dividends. It also means that the dividends are very variable with the price of oil.

The problem with them is that eventually the oil in the ground will run out, so some of that dividend is really a return of capital, not a return on capital. Thus if you are thinking about investing in them, look at how long those reserves will last, as well as the current income you are getting from them.

On the plus side, the tax code recognizes this, so a portion of the dividend is sheltered from the IRS. Unlike a regular exploration and production oil firm, there is no risk of a dry hole, nor are they exposed to changes in the price of drilling. If you think that the price of oil is headed higher, they are very attractive investments, especially if you want current income. Two of the larger names in the area that are worth considering are B.P. Prudhoe Bay Trust (BPT) and San Juan Basin (SJT).

A good example of a big important industry that is still distinctly mediocre in terms of its absolute standing is the Integrated Oil Industry, the home of some of the world’s largest firms like Exxon Mobil (XOM) and Petrobras (PBR). It currently has an average rank of 2.95, which puts it in 102nd place out of 206 industries ranked. That, however, is a substantial improvement from the 3.16 average last week, and was enough to lift it by 49 spots.

A good example of an industry that scores poorly on both fronts, and thus should be avoided is the SBIC and Commercial lenders group. It is no secret that credit for small businesses has been under pressure for awhile now, but this suggests that things are still getting worse. The industry rank for the group is a very weak 3.43, which currently puts it in 192nd place, a deterioration of 31 spots from last week when its overall score was 3.21.

Přidělení práv na rozvoj velkého ropného pole Západní Qurná v jižním Iráku společnostem Exxon-Mobil a Royal Dutch Shell minulý čtvrtek (5.11.) znovu zvýraznilo zločinný charakter pokračující americké okupace. Jako přímý následek irácké války tak velká americká a jiná nadnárodní energetická konsorcia znovu získávají kontrolu nad největšími světovými ropnými poli.

Zásoby ropy v Západní Qurně představují 8,7 miliard barelů ropy. Celkové irácké zásoby ropy se v současnosti odhadují na 115 miliard barelů, přičemž desítky potenciálních polí nebyly zatím dostatečně posouzeny. Před americkou invazí v roce 2003 přidělil baathistický režim Saddáma Husajna práva na Západní Qurnu ruské ropné společnosti Lukoil. Proamerický loutkový režim v Bagdádu všechny předválečné kontrakty zrušil.
Během 20 let platnosti kontraktu plánují Exxon-Mobil a Shell zvýšit denní produkci Západní Qurny z méně než 300 000 barelů na 2,3 milionu barelů v období prvních šesti let. Irácká vláda bude přitom společnostem hradit náklady na rozvoj pole – které mohou dosáhnout až 50 miliard dolarů – po 1,90 dolaru za každý vytěžený barel, čili nějakých 1,5 miliardy dolarů ročně. Exxon-Mobil má v rukou 80procentní podíl, Shellu patří zbývajících 20 procent.
Jde o druhý kontrakt, podepsaný mezi bagdádským režimem a zahraničními energetickými společnostmi. Minulé úterý (3.11.) byla uzavřena smlouva s British Petroleum (BP) a China National Petroleum Corp (CNPC), jíž tyto společnosti získaly práva na obrovské ropné pole Rumajla a jeho zásoby o objemu 17 miliard barelů. Podíl BP činí 38 a CNPC 37 procent. Jejich plánem je zvýšit denní produkci z přibližně 1 milionu na 2,85 milionu barelů, což představuje zisk přes 2 miliardy dolarů ročně.
Jediným zklamáním pro nadnárodní společnosti je, že smlouvy nejsou založeny na modelu tzv. dohody o dělbě produkce (Production Sharing Agreement, PSA), který umožňuje přístup k plným 40 % celkového zisku z ropného pole. Dokonce i prodejní členové irácké vlády odmítli vydání největších ropných polí za takových podmínek. Místo toho jsou smlouvy klasifikovány jako dohody o „obsluze“. To umožnilo premiéru Núrímu al-Málikímu a jeho ministru ropného průmyslu Husajnu al-Šahristánímu ignorovat parlament a absenci zákona o ropě a plynu a rozhodnout o energetickém průmyslu sami.
Další smlouvy jsou před dokončením. Konsorcium složené z italské společnosti Eni, americké Occidental a jihokorejské Kogas podepsalo předběžnou dohodu o ropném poli Zubajr, jehož rezervy činí 4 miliardy barelů. Eni, japonský gigant Nippon Oil a španělská firma Repsol se ucházejí o ropné pole v Násiríji s podobnými rezervami. V severním Iráku jedná Royal Dutch Shell o kontraktu na rozvoj nevyužitých částí rozsáhlého ropného pole u Kirkúku, jehož rezervy se odhadují na 10 miliard barelů přesto, že tu těžba probíhá už od roku 1934.
Přes původní požadavek lepších podmínek souhlasily energetické společnosti se smlouvami na rozvoj existujících ropných polí v naději, že si tím vybudují lepší pozici, aby podle modelu PSA získaly mnohem lukrativnější kontrakty na dalších 67 polí, jež budou dražena koncem tohoto nebo v příštím roce. I když se záležitost protáhla mnohem déle než se počítalo, velká energetická konsorcia nyní kalkulují s tím, že Irák je v současné době dostatečně stabilní, aby začal investovat do obrovského zvýšení ropné produkce. Prvním krokem bylo otevření iráckého ropného průmyslu, který byl v roce 1975 znárodněn, zahraničním investorům.
Neokoloniální povahu této operace jen podtrhuje skutečnost, že se na provádění smluv společností v Iráku podílejí dva bývalí vysocí činitelé z dob Bushovy administrativy. Jay Garner, první šéf americké okupační správy v Iráku po invazi, je poradcem kanadské energetické společnosti Vast Exploration, která má 37procentní podíl na ropném poli na kurdském severu. Zalmay Khalilzad, bývalý vyslanec v Afghánistánu, Iráku a u OSN, vytvořil vlastní společnost poskytující poradenskou službu v kurdském městě Irbílu.
Americká invaze a okupace Iráku byla válkou o energetické zdroje. Více než milion Iráčanů byl povražděn, milion dalších zmrzačen či traumatizován, města a infrastruktura zničeny a desetitisíce amerických vojáků zabity či zraněny proto, aby Amerika v rámci rozsáhlejších ambicí na Blízkém východě a Střední Asii získala nadvládu nad iráckými ropnými rezervami.
Spojeným státům se po první válce v Zálivu v letech 1990-91 nepodařilo dosáhnout jejich širších regionálních cílů. Husajnův režim zůstal u moci a navzdory následným sankcím OSN byly uzavřeny kontrakty se společnostmi jako byl např. francouzský ropný gigant Total nebo Lukoil. Od konce 90. let usilovaly Rusko a evropské velmoci o zmírnění sankcí, aby se tyto společnosti mohly dostat ke svým ziskům. Válka se stala jediným způsobem, jak zabránit tomu, aby zájmy amerických společností nevypadly ze hry.
Americká energetická konsorcia nebyla pasivními diváky. Vysocí představitelé společností Exxon-Mobil, Chevron, Conoco-Phillips, BP America a Shell se počátkem roku 2001 zúčastnili rozhovorů s „energetickým komandem“ Bushovy administrativy vedeným viceprezidentem Dickem Cheneym. Jeden z dokumentů připravených pro debatu obsahoval mapu iráckých ropných polí, terminálů a ropovodů a seznam neamerických zahraničních společností připravených tam vstoupit. Zpráva komanda z května 2001 bez obalu stanovila cíl Spojených států: „Záliv bude primárním těžištěm mezinárodní energetické politiky Spojených států.“
Teroristické útoky 11. září 2001 poskytly pro válku záminku. Na lži o iráckých zbraních hromadného ničení navázaly další lži o spojení Iráčanů s al-Qá‘idou. V období před invazí se vůdcové ropného průmyslu opakovaně setkali s činiteli Bushovy administrativy. Jak to pojmenoval 16. ledna 2003 komentář Wall Street Journalu: „Americké ropné společnosti se začínají připravovat na den, kdy dostanou příležitost pracovat v jedné z ropou nejbohatších zemí světa.“
Po utopení iráckého lidu v krvi americká finanční a podnikatelská oligarchie věří, že ten den konečně nastal. I když americké korporace nejsou jedinými příjemci zisku z kontraktů, není pochyb, kdo rozhoduje o irácké ropě. Díky existenci mohutných vojenských základen v zemi a vázanosti bagdádského režimu na Washington jsou Spojené státy v pozici, kdy mohou diktovat podmínky svým evropským i asijským rivalům a využívat hrozby odstřihnutí ropných dodávek, která je dlouhodobou součástí americké strategické politiky.
Článek The Plunder Of Iraq’s Oil vyšel na serveru bushstole04.com 11. listopadu. Překlad Eva Cironisová.
zdroj: http://www.zvedavec.org/komentare/2009/11/3389-drancovani-iracke-ropy.htm

This is an ad from Humble Oil that appeared in a 1962 issue of Life. It boasts that Humble Oil supplies enough energy that it can melt 7 million tons of glacier a day.

To get a larger view, click here.

I know facts aren’t going to matter to many people buying Sarah Palin’s, Going Rogue.  Facts certainly didn’t matter to folks who voted for her.

According to the “fact checkers”:

PALIN: Welcomes last year’s Supreme Court decision deciding punitive damages for victims of the nation’s largest oil spill tragedy, the Exxon Valdez disaster, stating it had taken 20 years to achieve victory. As governor, she says, she’d had the state argue in favor of the victims, and she says the court’s ruling went “in favor of the people.” Finally, she writes, Alaskans could recover some of their losses.

THE FACTS: That response is at odds with her reaction at the time to the ruling, which resolved the long-running case by reducing punitive damages for victims to $500 million from $2.5 billion. Environmentalists and plaintiffs’ lawyers decried the ruling as a slap at the victims and Palin herself said she was “extremely disappointed.” She said the justices had gutted a jury decision favoring higher damage awards, the Anchorage Daily News reported. “It’s tragic that so many Alaska fishermen and their families have had their lives put on hold waiting for this decision,” she said, noting many had died “while waiting for justice.”

When Sarah Palin was asked by Katie Couric what Supreme Court decisions other than Roe v Wade she disagreed with, she couldn’t think of one. NOT ONE!  Sarah squandered an opportunity-the perfect chance to tell America our story…an Alaskan story…dozens of suicides…thousands sick from clean up…tens of thousands bankrupt from a dead fishery.

Oiled birds from the Exxon Valdez

Sarah Palin is to Alaska what Velveeta is to cheese; sadly unsatisfying and empty of nutrition. She had the national stage to plead Alaska’s case to citizens who had long forgotten the images of a once pristine Prince William Sound turned into a thick, black, rolling sea; the oiled sea otters and birds; unrecognizable seals and whales; an initially deformed and diseased herring run that became extinct-costing Cordova $100 million a year. Exxon exploited Alaska and turned pain into profit.

AND NOW, Palin is claiming to be part of a victory for the people of Alaska? Reality Deficit Disorder…now in book form.

The Exxon Shipping Co. v. Baker Supreme Court decision in June 2008 all but pardoned Exxon’s negligence. The highest court in the land condoned the half-assed cleanup. (audio interview on the day of the ruling with Greg Palast). Exxon, the company that set and broke planet earth’s quarterly profit record three quarters in a row, was let off the hook. Because of this unprecedented landmark decision, future corporate punitive damages are now forever minimally capped at literally pennies on the dollar!

The Roberts Court based its activist ruling on 19th century maritime law.  Really! 21st century corporations can now view punitive damages as the small cost of doing business. Due to Exxon’s negligence and the corporate sympathy of the Supreme Court, one the largest acts of environmental terrorism in history was treated like an accidental littering.  The RATS-Roberts, Alito, Thomas and Scalia, (Alito recused himself, confident that Souter and Kennedy would fill the business-friendly void) winked at their corporate masters as the Judas Court betrayed Justice.

Exxon doesn’t have marked offices in Alaska. There are some pretty hard feelings even 20 years later…for some pretty good reasons.  When Palin was pointing fingers at Letterman in July of this year, she did it from Houston, Texas.  She was there to sign a deal with Exxon on behalf of Alaska. The state’s willingness to do business with Exxon was like having your parents rent the basement to the guy who date raped you on prom night. Am I clear?

So Sarah was against the decision before she couldn’t remember it before she was for it.  And now, courtesy of Going Rogue, Sarah Palin manages to insult and injure Alaskans who will never be made whole with yet another one of her documented lies.

The jury originally punished Exxon with $5 billion in punitive damages-a year’s profit at the time.  In 2008, nearly 20 years later, Exxon reported the largest annual profit in US history at $45.22 billion.  The company shattered its own record set the previous year.  Would the original $5 billion in punitive damages been punishment enough?  The answer is now slowly dripping onto victims at 10 cents on the dollar.  Opening your mailbox to an Exxon Valdez Oil Spill Settlement check is like getting a royalty payment for the snuff film your kid brother was in. Hey, you’re getting paid…but he’s still dead and you got to watch.

(above) Then Governor Palin’s appropriate reaction to the Exxon v. Baker decision June, 2008

Candidate Palin’s stunning memory lapse of Exxon v. Baker just 3 months later…

Look for Going Rogue in the revisionist history section of your local bookstore on Tuesday…

Strategy: To replace oil based plastics with bio-degradable replacements for global packaging needs by development and licensing of innovative products for packaging companies. Lessening dependence upon oil and capitalizing on consumer and government preferences for clean, organic packaging.

Product: At pricing that is 20-25% higher than comparable oil based products; Cereplast designs and manufactures proprietary bio-based, sustainable plastics used in all major converting processes – such as injection molding, thermoforming, blow molding and extrusions.

Market- On November 11, the company said it expects the U.S. bio-plastics market to reach $10 billion in sales by 2020.  The U.S. market accounted for approximately $1 billion in sales in 2007, with some estimates pointing to bio-plastics capturing 30% of the total plastics market by 2019. Cereplast has some products that are food based, with a focus on algae based products as well. Cereplast is an investment in their technology and the market.

Competition: Metabolix, Archer Daniels Midland, Alcoa, Synthetic Genomics, Martek

Funding: A private investor group led by a Swedish Bank has contributed funding in 2009, Cereplast has the right to sell $20MM of common stock to Cumorah Capital, and most significantly in 2007 the company announced it received $14.5 million in new capital through a private placement of common stock from a group of leading “green” institutional funds, including UBS Global Innovator Fund, Swisscanto Green Invest Fund, Fortis L Fund Equity Environmental Sustainability World, and Credit Suisse Future Energy Fund.

Stock Symbol (OTCBB:CERP)

In a related note, Exxon has invested $600 million in Synthetic Genomics and BP has a $10 million investment in Martek Biosciences that compete with Cereplast.

Management: Frederic Scheer, Founder, Chairman and CEO of Cereplast

Comment: This company is an investment in a growing sector, but is their technology superior to larger and better funded competitors? Will their food based products overcome the hurdles that corn based ethanol faced?

Sources:

http://www.cereplast.com/pressrealeasedetail_ir.php?newsid=118
http://cleantech.com/news/4597/cereplast-unveils-bio-based-compost
http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&newsId=20091111005157&newsLang=en
http://www.tradingmarkets.com/.site/news/Stock%20News/2592242/
http://www.europeanplasticsnews.com/subscriber/headlines2.html?cat=1&id=1256200526

Exxon, multi-national group of companies, active in fuels, with a profitability rate of 24% want to surf on its success. It would like to establish partnerships with developing countries such as Nigeria, Brasil…

But the Credit Suisse is not ready to follow the company on an investment of hundred millions of dollars

The banks would slow down the development of companies? …

By Camille GAMBA
Find more news at : http://theliberaldaily.wordpress.com

OMG I found it! I wish it were more extensive, but it definitely serves its purpose. May I present that-which-has-been-around-for-ages-but-I-just-found-out-about-tonight:

Human Rights Campaign’s Buyers’ Guide 2009

Very cool. And good to know that a lot of companies that I already buy from have very good scores.

Only real bummer: ExxonMobile Man!!! I am such an Exxon customer. ugh. Well it’s too bad for them I stick to my friggin guns. I immediately went to their website and sent them this comment:

I recently graduated from college and began work in the Washington DC area. Over the years I have found myself to be quite a loyal customer of ExxonMobile. I carry a speedpass. The nearest gas station to my house is an Exxon. I always looked for Exxon gas stations while traveling (I’ve put 100,000 miles on my car since I got it 4 years ago). Unfortunately tonight I (finally!) came across the Human Rights Campaign’s buyers’ guide online (Buying for Equality 2009). It saddened me to see Exxon’s poor Corporate Equality Index (and by poor I mean abysmal). Unfortunately, I can no longer support ExxonMobile. I wanted to share this with you in the hopes that things will improve at ExxonMobile, and I can continue my business there. Thank you for your time.

Done annnnnnnnnd Done.

A decades-long feud between a wealthy Texas oil family and oil giant ExxonMobil continues to rage, according to the November issue of the always spot-on Texas Monthly. The piece lays out the case of the O’Connor family, which charges Exxon with deliberately clogging oil wells on the family’s property in order to guard against future competition after Exxon plugged the wells and abandoned the fields in the early 1990s.

Despite losing a verdict earlier this year by the Texas Supreme Court, the O’Conner’s intend to continue their fight against the oil giant. While there was significant evidence presented of Exxon’s sabotage, the court ruled against the family based on its interpretation that the case was filed two months past the statute of limitations. However, since Exxon failed to properly inform the Texas Railroad Commission about its methods in plugging the O’Conner wells, the family intends to pursue fraud charges.

Given the O’Conner family’s wealth and Exxon’s massive coffers, the fight could continue for years to come. As The Monthly noted,

The O’Connors and Exxon appear to be opposite sides of the Texas coin, with the former representing the rugged individualists who built this state and the latter representing the new Texas, a place driven by corporate wealth, political and legal power, and job creation. In a sense, we’re witnessing the sequel to Giant, the film that, for many people, captured the conflict between oilmen and cattlemen. In the Hollywood version, the rancher prevailed and the oilman was disgraced, but in today’s Texas, the corporation usually has its way.

And in Texas, as elsewhere, when corporations have their way, the rest of us suffer. The Monthly article concludes, “(G)iant companies are now allowed to operate in parts of Texas the same way they have operated in some Third World countries: exploiting the resources and moving on, without looking back.”

According to the President of Nigeria, the oil-market has been liberalized. Taking profit of this policy, Exxon created a Joint-Venture with the country to export oil and petroleum-related products. Such a decision will enhance the security of Nigerian exports, for sure.

By Guillaume BOURGUET

More news at: Theliberaldaily.wordpress.com

According to our reporter, the six entities reached an agreement to reinforce their synergies and their position on markets. This alliance would appreciate Canada join this partnership.

By Guillaume BOURGUET

More information at http://theliberaldaily.wordpress.com/

This morning, the  Bank of Tokyo met Exxon in order to find a way to cooperate with the green branch of Exxon. Exxon, principaly implanted in the USA and Europe, needs a substantial investment for their new activities. It seems that the Bank of Tokyo, is only interested in green projects, could accept a proposition that can help them to be at the front of the stage.

To be continued…

By Nicholas PARIS
Find more news at : http://theliberaldaily.wordpress.com

Exxon, after a short interview with Brazilian deleguation, announced that they want to enter in the private market of PETROBRAS in Brazil. Sharing benefits and investments, Exxon expect to develop their activites with extraction of the  Chiste mineral in the Brasil and finally gain market share in the petrol sector.

By Nicholas PARIS
Find more news at : http://theliberaldaily.wordpress.com

Όταν ο λοχίας James Bondsteel έπαιρνε το παράσημο της τιμής από τον πρόεδρο Νίξον για την ανδραγαθία που επέδειξε στον πόλεμο του Βιετνάμ, σίγουρα δεν φανταζόταν ότι η μεγαλύτερη στρατιωτική βάση των ΗΠΑ που ιδρύθηκε έκτοτε θα έπαιρνε το όνομά του, τιμής ένεκεν.

Πράγματι, το τεραστίων διαστάσεων και υπερπολυτελές Camp Bondsteel, (που συναγωνίζεται τη βάση Anaconda στο Ιράκ), στο ανατολικό Κόσσοβο – ένα μέρος του οποίου εκτείνεται και στη FYROM – στεγάζει τα τέσσερα πέμπτα του στρατού που διατηρούν οι ΗΠΑ στα Βαλκάνια, αλλά και το αρχηγείο της πολυεθνικής δύναμης KFOR, που προστατεύει το νεοσύστατο κράτος του Κοσσόβου. Απέχει 149 χλμ. από τα ελληνικά σύνορα και 26 χλμ. από την πόλη των Σκοπίων. Σε έκταση 10.000 στρεμμάτων, πάνω από 300 κτίρια φιλοξενούν 9.000 στρατιωτικούς κι έναν απίστευτο στρατιωτικό και νοσοκομειακό εξοπλισμό, ενώ το εσωτερικό της οδικό δίκτυο εκτείνεται σε μήκος 25 χλμ.

Λόγω του όγκου, της έκτασης και του εξοπλισμού του, ωστόσο, δεν μοιάζει να έχει αποκλειστικό σκοπό την επιτέλεση ειρηνευτικών αποστολών στη νότια Σερβία, μια αποστολή που – όπως είχε διαβεβαιώσει ο πρόεδρος Clinton – δεν θα είχε διαρκέσει πάνω από έξι μήνες και που ο πρόεδρος Bush, στην προεκλογική του εκστρατεία, είχε πει ότι θα ανακαλούσε.

Η κατασκευή του πραγματοποιήθηκε από την εταιρεία Halliburton (μέσω θυγατρικών), της οποίας διευθύνων σύμβουλος είχε διατελέσει ο «πρίγκιπας του σκότους», Dick Cheney, πριν γίνει Υπουργός Αμύνης και αντιπρόεδρος των ΗΠΑ. Ας σημειωθεί εδώ ότι η εν λόγω εταιρεία είναι ταυτόχρονα και ανάδοχος του τεράστιου ενεργειακού αγωγού ΑΜΒΟ (Albanian, Macedonian, Bulgarian Oil), που θα τροφοδοτεί την Ευρώπη και την Αμερική με πετρέλαιο της Κασπίας και ο οποίος φαίνεται ότι είναι και ο κύριος λόγος υπάρξεως του στρατοπέδου Bondsteel στη συγκεκριμένη περιοχή.

Καθώς οι ΗΠΑ ανησυχούν για την εισαγωγή πετρελαίου που κάνει η Ευρώπη από τη Ρωσία η οποία ανέρχεται στο 33% του συνόλου των εισαγωγών της, προσπαθούν να δημιουργήσουν άλλους αγωγούς, όπως τον ΑΜΒΟ, προκειμένου να προκαλέσουν αντιπερισπασμό στην ενεργειακή εξάρτηση της γηραιάς ηπείρου από τη Μόσχα.

Το στρατόπεδο βρίσκεται πάνω στη διαδρομή του μελλοντικού διαβαλκανικού πετρελαιαγωγού κι έτσι οι ΗΠΑ θα μπορούν να ελέγχουν την ποσότητα πετρελαίου που προορίζεται για άλλες χώρες. Δεν είναι τυχαίο άλλωστε, ότι στην κατασκευή του γιγαντιαίου AMBO συμμετέχουν με κεφάλαια οι αμερικανικοί κολοσσοί Exxon, Mobil και Chevron.

Μετά από όλα αυτά νομίζω, πως είναι πλέον προφανής ο λόγος για τον οποίο  η γειτονική FYROM και το Κόσσοβο έχουν έναν πολύ ισχυρό σύμμαχο στην άλλη πλευρά του Ατλαντικού, την ώρα που ο ενεργειακός πόλεμος μαίνεται αμείλικτος, με την Ρωσία και Ιταλία να θέλουν περισσότερο ρωσικό φυσικό αέριο στην Ευρώπη μέσω South Stream, (όπου προσχώρησε και η Ελλάδα), με την Αμερική να προσπαθεί να αναχαιτίσει τα ενεργειακά ανοίγματα της Μόσχας, προτάσσοντας ITGI και Nabucco και την Ελβετία και Νορβηγία να θέλουν να περάσουν το φυσικό αέριο στην Ιταλία από Θεσσαλονίκη και Αλβανία.

Έτσι, το Camp Bondsteel, «η Μεγάλη Κυρία», («Grande Dame»), όπως το αποκαλούν με καμάρι οι Αμερικανοί, έγινε πλέον ο χωροφύλακας των Βαλκανίων και ο τοποτηρητής των αμερικανικών συμφερόντων στην περιοχή. Φαίνεται τελικά, πως είναι μια βάση απ’ αυτές που ο γνωστός οικονομολόγος Galbraith χαρακτήρισε «στρατο – πετρελαϊκό σύμπλεγμα» και του οποίου ο Cheney επάξια μπορεί να διεκδικήσει την πατρότητα.

Και μέσα στον ξέφρενο αυτό χορό των εκατομμυρίων, εμείς οι ταλαίπωροι αγωνιζόμαστε για το όνομα!

Πού πάμε ξυπόλητοι στ’ αγκάθια; Πού πάμε;

Big oil is becoming pro-carbon pricing. Public is becoming against-carbon pricing. And this just in, it’s snowing in hell:

Punchline: if Copenhagen fails, everyone will blame Big Business, especially Big Oil. And the sole reason why that won’t be hilarious is that tragedies are not funny.

“4-QUARTER CHANGE is Bigger than Presidents. It’s Bigger than Congress. It’s Bigger than Hip Hop. It’s deeper than You think. The new single from El*A*Kwents!!!

Exxon negotiated with Brasil regarding investments in Brasil. They want to exploit the oil of Brasil. But Exxon want to keep their profitability and rentability.

Can Brasil satisfy the demands of Exxon, which is a big oil productor? So the question is: Would Exxon accept to produce in Brasil?

By Laure COMPAIN
Find more news at : http://theliberaldaily.wordpress.com

After waiting for the Chinese delegation, Exxon finally met them. The American company, leader on the Petrol market, would like to find an agreement with China for commercial issues. Suspicious, the Chinese deleguation asked for more guarantees. In addition, China wants the Petrol lobby push the USA government to ensure exports of automobiles and manufactured products from China.

If an agreement is found, USA through Exxon will enter in the most convoited market in the world. The case is now at the hands of Exxon.

By Nicholas PARIS
Find more news at : http://theliberaldaily.wordpress.com