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Iran Peddling 1MM Barrels of Oil Again

Production

An Iranian exchange has offered investors as much as 6 million barrels of oil so far this year. Only a single deal closed, for the minimum 35,000 barrels.

Iran’s oil production and exports have slumped after the U.S. reinstated sanctions last year, and new curbs are set to further restrict its exports. Exemptions for importing countries including Japan, China, Turkey, India and South Korea have partially cushioned the blow.

With foreign investors steering clear of the world’s fourth-largest holder of crude, it’s trying via the Iran Energy Exchange to offload some oil to domestic buyers. Sales have been dismal, and even Iranian oil officials concede that the physical contracts are undesirable as long as oil sanctions remain intact.

“We knew from the beginning that it was almost impossible to sell oil” on the exchange, Morteza Behrouzifar, deputy head of the Iranian Association for Energy Economics, said in an interview. “Iran’s crude is sanctioned and under no circumstances can anyone buy Iranian crude except those who were granted waivers.”

Iran has tried to sell oil on its exchange in the past. The first offerings in 2011 weren’t successful, and another effort to sell just under three thousand barrels in 2014 wasn’t received well by potential buyers, state-run Islamic Republic News Agency reported last week.

The exchange is offering another million barrels of light crude for a 6 percent down payment and 90 days of credit this week. But it’s up to the buyer to line up the tanker and insurance needed to transport the fuel to the ultimate user.

“Those who have waivers go directly to the National Iranian Oil Co. They don’t need to participate in the bourse,” Behrouzifar said. “It’s pretty immature to think of the energy exchange as a way to get around sanctions.”

RIGZONE



84 Comments on "Iran Peddling 1MM Barrels of Oil Again"

  1. Davy on Fri, 19th Apr 2019 7:33 pm 

    “Davy, Food inflation? Only if you eat pork, which we seldom do. Fish is cheap. So is chicken. And, there is a local pig farm that has not raised their prices.”
    Makato, the Chinese situation will raise the price of all meats. You obviously don’t understand economics.

    “I do not live in Africa. I do not live in China. I live in the Philippines. You cannot seem to understand that they are totally different places and situations. Totally different.”
    LOL, food prices are global dummy. Not directly everywhere but indirectly this will raise prices especially in Asia.

    “The US is failing fast. What will be the price of wheat this summer? Soy? Animal feed? The sooner the US is isolated and cannot terrorize the rest of the world the better. Tomorrow would be fine with me. GO TRUMP!”
    Blah blah blah. What a moron.

  2. Davy on Fri, 19th Apr 2019 7:36 pm 

    “Davy, I’m surprised that you are not locked up in some mental ward. You should be, before you hurt someone. I have no need of others to support my assertions. They are not lies like you post.”
    Makato, spare me the cheap drama. Try debating something of substance. Your worn out mental ward shit is old. Now your best friend juanpee is a different story. You even admitted he is ruining this place. At least you have a little honesty left.

    “You just cannot accept that there are better places than the terrorist country, America. But, soon, that 4X4 of reality will hit and then…3rd world Amerika will be obvious to even you.”
    More dumbshit drama. Makato, you life must be so boring.

  3. Davy on Fri, 19th Apr 2019 7:41 pm 

    “And, no, Davy, oak’s age hardness has nothing to do with burning hotter. That is pure bullshit. Yes, cured oak is hot, but it takes more than a spark to light it. And oak hundreds of years old, would take much more than a little kindling. I have tried to burn 200 year old oak. I have experience. You are talking out of your ass again. You cannot accept that you are wrong.”

    My god you are stupid. Dense old oak will burn hotter than shit. Obviously you have not made a fire with oak in years. Burning wood for heat in the cold months is a daily activity. I know what I am talking about and you don’t. Just knowing the physics of wood will tell you that an old dense piece of wood once fired will burn hot. Man you are stupid today. Did you have your coffee?

  4. Davy on Fri, 19th Apr 2019 7:42 pm 

    “Davy cannot admit he is wrong so he just “goes to bed”, hoping no one will notice his bullshit lies. LMAO!”

    Guess you jumped the gun didn’t you. I like when you eat crow.

  5. makati1 on Fri, 19th Apr 2019 7:56 pm 

    Davy’s mature, intelligent rebuttals:

    “Blah blah blah. What a moron.”
    “More dumbshit drama. Makato, you life must be so boring.” BTW: it’s “your” not “you”…lol
    “Man you are stupid today.” Projecting again Davy?
    “Guess you jumped the gun didn’t you. I like when you eat crow.” ‘Going to bed’ is your usual tactic Davy.

    Not ONE mature, intelligent, referenced rebuttal in the group. Not even a personal experience with the hundreds of years old oak, just bullshit.

    Typical Davy. When he cannot win, he changes the subject, puts down the person, or goes to bed. Should be locked up, but he is only one example of why the US is swirling down the shitter faster and faster. Can’t wait until it is gone as a powerful country. Tomorrow? GO TRUMP!

  6. Cloggie on Sat, 20th Apr 2019 3:25 am 

    2018 was an extremely good year for the Dutch economy with nearly 3% growth. Yet the total energy consumption declined with 1.5%. Total share fossil fuel decreased with 2%:

    https://www.nu.nl/economie/5846916/energieverbruik-gedaald-in-2018-vooral-minder-steenkool-verbruikt.html

    Natural gas: 40%
    Oil: 40%
    Coal: 11%

    The rest is renewables, nuclear, biomass, electricity import. Holland is (not yet) a big player in renewable energy.

    The most important message is, that regardless of the energy source, it is possible to have substantial economic growth and still use less energy.

  7. Cloggie on Sat, 20th Apr 2019 4:34 am 

    LEF minimalist commuting:

    https://deepresource.wordpress.com/2019/04/20/lef-minimalist-commuting/

  8. Davy on Sat, 20th Apr 2019 5:23 am 

    “Not ONE mature, intelligent, referenced rebuttal in the group. Not even a personal experience with the hundreds of years old oak, just bullshit.”
    Calm down makato, you could have a stroke. I know when I give you rebuttal you don’t like you do this emotional outburst. The Farm I had 15 years ago just north of the Missouri River had an 1860’s log home and corn crib. The barn was from 1901. Is that good enough for you? LOL.

    “Typical Davy. When he cannot win, he changes the subject, puts down the person, or goes to bed.
    AH, I do value my sleep makato. I get 6 ½ to 8 hours a night. Sometimes I don’t sleep well but generally that is my sleep pattern. LOL. More childish or should I say old person emotional outburst.

    “Should be locked up, but he is only one example of why the US is swirling down the shitter faster and faster. Can’t wait until it is gone as a powerful country. Tomorrow? GO TRUMP!”
    Talking about locked up…maybe you are headed for assisted living you are sounding off your rocker more and more. It’s tough approaching 80 isn’t it makato!

  9. Davy on Sat, 20th Apr 2019 5:34 am 

    “The rest is renewables, nuclear, biomass, electricity import. Holland is (not yet) a big player in renewable energy. The most important message is, that regardless of the energy source, it is possible to have substantial economic growth and still use less energy.”

    Cloggo, while the growth is admirable if put in context and averaged into the rest of Europe then you are not so good. My point is with your neighbor’s in decline you will likely be heading into a decline. You are only really a city state with size and population. I am surprised you brag so much about Dutch renewables but you have not transformed your sources that much yet. I also find it funny how you cherry pick number per their effect when using EU numbers or Dutch numbers. In any case you country is a success overall. My Dutch friend is here doing some work for me. He is around your age and talking about eventually going back to Holland because of how well old people are taken care of there. He does not have any retirement to speak of. He has a little social security like makato but not enough to live well. I guess that is why makato moved to the 3rd world.

  10. makati1 on Sat, 20th Apr 2019 5:43 am 

    As I said, not one intelligent, mature rebuttal, just bullshit. You don’t seem to understand that everyone here knows what a piece of shit you really are Davy. Everyone. You have no friends here and, probably none in real life. You are a bloody defender of your baby killing, terrorist, plundering country. Nothing more.

    I watch it slide into the 3rd world faster and faster every day. I could post thousands of refs to prove my point. Can you post even one, that is not USMSM propaganda, defending the indefensible? I think not.

    SLIP SLIDIN’…

  11. Cloggie on Sat, 20th Apr 2019 5:57 am 

    I am surprised you brag so much about Dutch renewables but you have not transformed your sources that much yet.

    Give me a single example where I “brag” about Dutch renewables. Oh and stating facts is NOT bragging. Saying that Holland is currently building the largest offshore wind farm in the world is not bragging but fact:

    https://deepresource.wordpress.com/2019/04/06/largest-wind-park-in-the-world-borssele-under-construction/

    I have NEVER said that Holland was a big renewable energy player, in reality it is the bottom of the barrel in Europe, never said anything else. Reason: we had the largest gas field of Europe. We let others (Denmark, Germany) do the innovation while we were patiently waiting for prices to come down, while avoiding to be stuck we stranded fossil assets. It is entirely justified to admire Danes and Germans more than Dutch in this respect (I do), but at least you have to admire our sense of business.lol

    And I have not a single doubt that Holland will rapidly catch up with the renewable energy champs in Europe, with up to 75 GW offshore wind in 2050 (average Dutch electricity consumption 13 GW):

    https://deepresource.wordpress.com/2018/12/27/tenders-windpark-ijmuiden-ver/

    https://deepresource.wordpress.com/2018/12/27/1484-mw-borssele-to-become-the-largest-windfarm-in-the-world/

    https://deepresource.wordpress.com/2019/01/02/offshore-wind-energy-roadmap-2030/

  12. makati1 on Sat, 20th Apr 2019 6:09 am 

    BREAKING: Architect of restorations for Notre Dame Speaks Out!

    Media: “So your’re telling us that this type of timber doesn’t burn like that?”

    Notre Dame Architect: “NO, You know, oak that is 800 years old doesn’t burn like that….You would need a lot of kindling to succeed.” pic.twitter.com/NBF86wOxDF

    — Amy Mek (@AmyMek) April 17, 2019

    https://www.theburningplatform.com/2019/04/18/800-year-old-oak-doesnt-burn-like-that/

    Watch the video…it sounds like arson, not an “accident”.

  13. Davy on Sat, 20th Apr 2019 6:09 am 

    “Brzezinski’s Warning To America”
    https://tinyurl.com/y6mjhj4q Unz Review

    “The liberal world order, which lasted from the end of World War 2 until today, is rapidly collapsing. The center of gravity is shifting from west to east where China and India are experiencing explosive growth and where a revitalized Russia has restored its former stature as a credible global superpower. These developments, coupled with America’s imperial overreach and chronic economic stagnation, have severely hampered US ability to shape events or to successfully pursue its own strategic objectives. As Washington’s grip on global affairs continues to loosen and more countries reject the western development model, the current order will progressively weaken clearing the way for a multipolar world badly in need of a new security architecture. Western elites, who are unable to accept this new dynamic, continue to issue frenzied statements expressing their fear of a future in which the United States no longer dictates global policy.”

    “Trump’s public approval ratings have improved, not because he has “drained the swamp” as he promised, but because he is still seen as a Washington outsider despised by the political class, the foreign policy establishment and the media. His credibility rests on the fact that he is hated by the coalition of elites who working people now regard as their sworn enemy.”

    “Trade liberalization is not liberalization, it does not strengthen democracy or create an environment where human rights, civil liberties and the rule of law are respected. It’s a policy that focuses almost-exclusively on the free movement of capital in order to enrich wealthy shareholders and fatten the bottom line. The sporadic uprisings around the world– Brexit, yellow vests, emergent right wing groups– can all trace their roots back to these one-sided, corporate-friendly trade deals that have precipitated the steady slide in living standards, the shrinking of incomes, and the curtailing of crucial benefits for the great mass of working people across the US and Europe. President Trump is not responsible for the outbreak of populism and social unrest, he is merely an expression of the peoples rage. Trump’s presidential triumph was a clear rejection of the thoroughly-rigged elitist system that continues to transfer the bulk of the nation’s wealth to tiniest layer of people at the top.”

    “In his 2012 book, Strategic Vision, Brzezinski recommended a more thoughtful and cooperative approach that would ease America’s unavoidable transition (decline?) without creating a power vacuum that could lead to global chaos. Here’s a short excerpt from an article he wrote in 2016 for the American Interest titled “Toward a Global Realignment”: “The fact is that there has never been a truly “dominant” global power until the emergence of America on the world scene….That era is now ending….As its era of global dominance ends, the United States needs to take the lead in realigning the global power architecture…The United States is still the world’s politically, economically, and militarily most powerful entity but, given complex geopolitical shifts in regional balances, it is no longer the globally imperial power”

    “This strikes me as a particularly well-reasoned and insightful article. It shows that Brzezinski understood that the world had changed, that power had shifted eastward, and that the only path forward for America was cooperation, accommodation, integration and partnership. Tragically, there is no base of support for these ideas on Capital Hill, the White House or among the U.S. foreign policy establishment. The entire political class and their allies in the media unanimously support a policy of belligerence, confrontation and war. The United States will not prevail in a confrontation with Russia and China any more than it will be able to turn back the clock to the post war era when America, the Superpower, reigned supreme. Confrontation will only accelerate the pace of US decline and the final collapse of the liberal world order.”

  14. Davy on Sat, 20th Apr 2019 6:17 am 

    Makato, this does not represent a legitimate comment with naked references. You need to show content from the references. You and cloggo are horrible with your naked references and then lame one liner commentary that supposedly represents the article but the reality is it just drives your fraudulent personal agenda. Just look if I remove the naked references how stupid your comment looks:

    “SLIP SLIDIN’…(Desperate for a war before the crash and burn.) or (US isolation is happening.) or (This is becoming more obvious daily.) or (Pure desperation!) or (Thug nation…the US.) And on and on….”

    LOL. How intellectually immature that comment is when reduced down to the core of your discussion. BTW global research dot com is a nutter anti-American site not worth seriousness. I guess that is why you take it so serious.

  15. Davy on Sat, 20th Apr 2019 6:22 am 

    “As I said, not one intelligent, mature rebuttal, just bullshit”
    Immature emotional outburst of an old man in mental decline. Reference what you think is “not one intelligent rebuttal. Just saying there is none does not work makato.

    “You don’t seem to understand that everyone here knows what a piece of shit you really are Davy. Everyone. You have no friends here and, probably none in real life. You are a bloody defender of your baby killing, terrorist, plundering country. Nothing more.”
    Childish 12 year old putdowns just make you look more like a loser makato. I mean come on your argument was moderated and the result is a neutering. LOL. So you give an emotional outburst. That is a dead giveaway for failure.

    “I watch it slide into the 3rd world faster and faster every day. I could post thousands of refs to prove my point. Can you post even one, that is not USMSM propaganda, defending the indefensible? I think not. SLIP SLIDIN’…”
    How many times are you going to recite that foaming at the mouth makato??? My god you are mentally impaired.

  16. Davy on Sat, 20th Apr 2019 6:38 am 

    “Notre Dame Architect: “NO, You know, oak that is 800 years old doesn’t burn like that….You would need a lot of kindling to succeed.” pic.twitter.com/NBF86wOxDF”
    Geeze makato, go back to the original comment you didn’t even read because you were too busy trying to prove me wrong. This is what I said:
    “Bullshit, wood burns and old wood burns hot. It is a matter of good fire conditions.”
    This is what cloggo said. Of course he is pushing his agenda that the muzzies did this because you know they all need to be deported of killed:
    “Retired Notre Dame architect rejects the official short circuit explanation: The media jerk wants him to come up with hypothesis. The architect hesitates to say “arson”, but that’s what he thinks.”
    This is how you responded makato:
    “Davy, did you KNOW that oak gets harder with age? Do some research before you open your mouth.”
    “And, no, Davy, oak’s age hardness has nothing to do with burning hotter. That is pure bullshit. Yes, cured oak is hot, but it takes more than a spark to light it. And oak hundreds of years old, would take much more than a little kindling. I have tried to burn 200 year old oak. I have experience. You are talking out of your ass again. You cannot accept that you are wrong.”
    More makato bullshit. If 800 year old oak does not burn hot like I said than why was the Notre Dame fire so hot. LOL. Age which normally means very dry wood, burns hot. An electrical short in the right circumstances with good ventilation and air flow will catch fire. We don’t know if maybe some of that old wood was damaged by the scaffolding and made into kindling near where the short was. With so much steal up there and maybe improper grounding static electricity in the right circumstance could have done it. I am not ruling out arson at all I am saying a disturbed building like the roof of the Notre Dame is perfect for such a fire and this is why so many old churches burn

    Makato, go to bed before you stick your foot further into your mouth.

  17. Cloggie on Sat, 20th Apr 2019 6:41 am 

    “The liberal world order, which lasted from the end of World War 2 until today, is rapidly collapsing”

    Our Anglo friends from the “Five Eyes”, at the end of empire, will soon be faced with a fundamental choice they will be forced to make, the most fundamental choice imaginable:

    Who am I?

    Available identitarian flavors:

    – European
    – Neo-Brasilian

    Choose wisely.

    “Racism” and “Natzi” howlers need not apply for membership of the European club, the New Big Club and successor of George Carlin’s (Anglo-Zionist) Big Club:

    https://www.youtube.com/watch?v=cKUaqFzZLxU

  18. Davy on Sat, 20th Apr 2019 6:47 am 

    “Give me a single example where I “brag” about Dutch renewables. Oh and stating facts is NOT bragging. Saying that Holland is currently building the largest offshore wind farm in the world is not bragging but fact:”
    You just proved you are bragging cloggo. You are at 80% fossil fuel but your 20/7 endless commentary is the Dutch are on top of the world with renewables and in just a decade or two you will be 100% renewable and a PBM empire. LMFAO. You are a long ways from 100% renewables and the PBM Empire is pure fantasy.

    “I have NEVER said that Holland was a big renewable energy player, in reality it is the bottom of the barrel in Europe, never said anything else. Reason: we had the largest gas field of Europe. We let others (Denmark, Germany) do the innovation while we were patiently waiting for prices to come down, while avoiding to be stuck we stranded fossil assets. It is entirely justified to admire Danes and Germans more than Dutch in this respect (I do), but at least you have to admire our sense of business.lol”
    It is nice when you finally get more sober and humble and admit where you are. Maybe your growth is near 3% and much of the rest of the EU lower is because of all those fossil fuels. Did you ever think about that?

    “And I have not a single doubt that Holland will rapidly catch up with the renewable energy champs in Europe, with up to 75 GW offshore wind in 2050 (average Dutch electricity consumption 13 GW):”
    Of course and this is why you Dutch invented Santa. Wishing very very hard does not make it so. I have no doubt the Dutch will make a big effort. The Dutch are remarkable people. Too bad there are bad seeds like you in Holland that show off and make excessive statements that are little more than pretty chauvinistic cheerleading

    Empty naked references typical of the board leader of snake oil:
    “https://deepresource.wordpress.com/2018/12/27/tenders-windpark-ijmuiden-ver/
    https://deepresource.wordpress.com/2018/12/27/1484-mw-borssele-to-become-the-largest-windfarm-in-the-world/
    https://deepresource.wordpress.com/2019/01/02/offshore-wind-energy-roadmap-2030/”

  19. Davy on Sat, 20th Apr 2019 6:53 am 

    “Our Anglo friends from the “Five Eyes”, at the end of empire, will soon be faced with a fundamental choice they will be forced to make, the most fundamental choice imaginable:”
    Cloggo, the EU is part of this decline. You are just the rump of the Pax Americana Empire liberal order that is now in ruin. I lived in Europe (late 80’s) when the top was being realized with globalization and the new liberal world order and it was many European liberal ideas that infected more conservative America now you are blaming these things on the US as if we infected you. The reason the EU industrialized and grew strong was Pax Americana. You also lie about that.

    “Available identitarian flavors: – European– Neo-Brasilian”
    THEN you start your racist rants as if racism is the reason for all this.

    “Racism” and “Natzi” howlers need not apply for membership of the European club, the New Big Club and successor of George Carlin’s (Anglo-Zionist) Big Club:”
    Your European club’s ideas are what has turned this planet nearly uninhabitable. Have you thought about that cloggo?

  20. Cloggie on Sat, 20th Apr 2019 7:12 am 

    “Solar carpet”, interesting idea for developed countries with high population density. Britain, Germany, Italy, Belgium come to mind:

    https://deepresource.wordpress.com/2019/04/20/solar-carpet/

    Useful application of thin film solar.

    https://www.youtube.com/watch?v=EsfFKTGwnrw

    Bragging alert: the idea and Solliance are Dutch.

  21. Cloggie on Sat, 20th Apr 2019 7:25 am 

    Cloggmeister, sir, the EU is part of this decline.

    That is why we need to dump you 1989-style at the earliest opportunity and give European US vassals the 1989-treatment.

    You are just the rump of the Pax Americana Empire liberal order that is now in ruin.

    “just the rump”… the rump happens to be the largest part of a body. Apparently you not only suck at languages, geography and history but also at human biology. The EU has twice as many whites as the US and PBM three times as much. These figures should interest you, the board “power projection leader”.lol

    The reason the EU industrialized and grew strong was Pax Americana.

    Complete BS. The industrial revolution was originally entirely European. We don’t need you for anything:

    https://documents1940.wordpress.com/2017/09/26/origin-scientific-accomplishments/

    Your European club’s ideas are what has turned this planet nearly uninhabitable.

    Europeans created a world, so attractive, that every third world sucker wants to live in it.

    Additionally, Europeans are the ones, who by far, take the greatest care in trying to solve the unintended consequences of that very attractive civilization.

    https://en.wikipedia.org/wiki/Energy_policy_of_the_European_Union

    Perhaps you better shut up, you hypocritical pickup truck-driver, pilot-license owner and serial offender with air-miles from here to Tokyo.

    https://documents1940.wordpress.com/2017/10/13/you-should-be-ashamed-of-yourself/

  22. Davy on Sat, 20th Apr 2019 7:29 am 

    “Eco-Friendly Solid Could Replace Conventional Refrigerants”
    https://tinyurl.com/y69trbfg clean technica

    “Researchers at the University of Cambridge in the UK and the Universitat Politècnica de Catalunya and the Universitat de Barcelona in Spain have developed an eco-friendly alternative that may represent a quantum leap forward in air conditioning technology. “Refrigerators and air conditioners based on HFCs and HCs are also relatively inefficient,” said Dr. Xavier Moya of the University of Cambridge. “That’s important because refrigeration and air conditioning currently devour a fifth of the energy produced worldwide, and demand for cooling is only going up.” Moya and his colleagues in Spain have discovered a way to achieve cooling by changing the microscopic structure of plastic crystals. The changes can be achieved by applying a magnetic field, an electric field, or through mechanical force. For decades, this process has been inferior to the compression of gases but the researchers have found that using a plastic crystal known as neopentylglycol leads to results that are as good as conventional methods. Neopentylglycol or NPG is non-toxic, non-flammable, and made from readily available organic compounds. The word “plastic” in “plastic crystals” refers not to the crystal’s chemical composition but rather to its malleability. Plastic crystals lie at the boundary between solids and liquids. NPG is commonly used to make paints, polyesters, plasticizers, and lubricants. It’s not only widely available, it is also inexpensive. According to Science Daily, NPG molecules are composed of carbon, hydrogen, and oxygen. They are nearly spherical and have weak chemical bonds between molecules. These loose bonds permit the molecules to rotate relatively freely. Compressing NPG yields unprecedentedly large thermal changes due to molecular reconfiguration. The temperature change achieved is comparable with those typically associated with compressed HFCs and HCs.”

  23. Davy on Sat, 20th Apr 2019 7:45 am 

    “That is why we need to dump you 1989-style at the earliest opportunity and give European US vassals the 1989-treatment.”
    Bogus, Europe blossomed post war after you destroyed yourself in two succeeding world wars.

    “just the rump”… the rump happens to be the largest part of a body. Apparently you not only suck at languages, geography and history but also at human biology. The EU has twice as many whites as the US and PBM three times as much. These figures should interest you, the board “power projection leader”.lol”
    LOL. You Euros have followed behind the US imperialism post WW2 and made lots of money and now you are whining. It is funny how you like to talk about Holland with numbers when it suits you then EU when it suits you. You are a lying cherry picking expert. The EU is made up of nations not states and the PBM is pure fantasy.

    “Complete BS. The industrial revolution was originally entirely European. We don’t need you for anything:”
    No shit cloggo, I am aware of world history. I am talking post WW2 after you destroyed your continent in civil war. BTW, the industrial revolution was equally an American phenomenon from Europeans that moved to the new world.

    “Europeans created a world, so attractive, that every third world sucker wants to live in it.”
    European ideas and history of the last 500 years is a horrible period of exploitation and destruction. These failed ideas of empire and Euro imperialism (US is your bastard child) must end and a new way forward found before the planet is complete wrecked.

    “Additionally, Europeans are the ones, who by far, take the greatest care in trying to solve the unintended consequences of that very attractive civilization.”
    Some of the renewable push is good policy but Euro’s are still bent on unending growth that is killing the planet and being a Fake Green Euro does not change the planet wrecking footprints from your future efforts. These efforts are making it less bad but not by much.

    “Perhaps you better shut up, you hypocritical pickup truck-driver, pilot-license owner and serial offender with air-miles from here to Tokyo.”
    Cloggo, you are the one taking the long road trips constantly. Nobody on earth travels more than the Germans. They are everywhere. Hypocrite. I am localizing in Real Green. Maybe you and yours should listen to what I am saying.

    Screw your personal WordPress propaganda. LOL.
    https://documents1940.wordpress.com/2017/10/13/you-should-be-ashamed-of-yourself/

  24. Cloggie on Sat, 20th Apr 2019 7:51 am 

    Bogus, Europe blossomed post war after you destroyed yourself in two succeeding world wars.

    I would swear that Germany was destroyed by American bombers. And WW1 was entirely the work of the British, that is those who refuse to define themselves as European until today.

    https://deepresource.wordpress.com/2014/10/08/britain-masterminded-ww1/

    https://deepresource.wordpress.com/2015/03/24/risk-geopolitics/

    You beat everybody when it comes to hypocrisy. And avoiding any real discussion about history, because you know very well that you are defending a pack of lies.

    That’s why you are the most hated person on this board and correctly so. You are an absolute hypocritical and lying low-life scumbag. Everybody will be dancing on your geopolitical grave, in a few years time.

    https://www.youtube.com/watch?v=ebAQg6YG1nw

  25. Cloggie on Sat, 20th Apr 2019 8:31 am 

    Uh-oh, former (?) peak oil movement collapse hero Dmitri Orlov goes full “racist”:

    https://russia-insider.com/en/northern-europeans-are-incompatible-other-races-just-look-historical-evidence/ri26804

    “Northern Europeans Are Incompatible With Other Races – Just Look At the Historical Evidence”

    Russia is quietly teaming up with European populists, a winning formula. A considerable number of European-Americans aren’t that far behind:

    https://www.youtube.com/watch?v=WsF5RFDme5c

    (first 10 seconds)

    These Americans voted in a president who before the elections rhetorically asked: “wouldn’t it be nice to get along with Russia?”

  26. Robert Inget on Sat, 20th Apr 2019 11:53 am 

    LIBYA;
    https://www.aljazeera.com/news/2019/04/trump-calls-haftar-praises-significant-role-terrorism-fight-190419182035115.html

    NEWS/MIDDLE EAST
    Trump praises Haftar in apparent reversal of US policy on Libya
    In apparent reversal of US policy, Trump praises Haftar for fighting ‘terrorism’ and securing Libya’s oil resources.

    9 hours ago

    Live
    NEWS/MIDDLE EAST
    Trump praises Haftar in apparent reversal of US policy on Libya
    In apparent reversal of US policy, Trump praises Haftar for fighting ‘terrorism’ and securing Libya’s oil resources.

    9 hours ago

    MORE ON LIBYA
    Heavy clashes near Libya’s Tripoli amid ‘new phase of attack’
    today
    Tripoli suburb hit by mortars as the West divided on Libya truce
    yesterday
    Libya death toll rises to 205 as Tripoli fighting continues: WHO
    yesterday
    UN condemns latest attack on Libya’s Tripoli, mulls ceasefire
    2 days ago
    Thousands of protesters took to the streets in Libya’s capital, Tripoli, on Friday after US President Donald Trump praised Libya’s Khalifa Haftar amid a military assault by the renegade general to seize the capital.

    A White House statement said Trump and Haftar spoke by phone on Monday “to discuss ongoing counterterrorism efforts to achieve peace and stability in Libya”.

    On April 4, Haftar and his forces launched an offensive against the country’s internationally recognised government, which is based in Tripoli.

    In their phone call, Trump “recognised Field Marshal Haftar’s significant role in fighting terrorism and securing Libya’s oil resources, and the two discussed a shared vision for Libya’s transition to a stable, democratic political system.”

    It was unclear why the White House waited several days to announce the phone call.

    Trump’s praise for Haftar was seen in Tripoli as a reversal in US policy on Libya, as earlier this month, Secretary of State Mike Pompeo demanded an immediate halt to Haftar’s offensive.

    READ MORE
    Tripoli suburb hit by mortars as the West divided on Libya truce

  27. Robert Inget on Sat, 20th Apr 2019 11:57 am 

    Again we see Trump on the side of so called “Strong Men” (who take charge of oil reserves).

  28. Robert Inget on Sat, 20th Apr 2019 12:16 pm 

    …and in other news…

    Giovanni Staunovo

    @staunovo
    FollowFollow @staunovo
    More
    Russian oil giant Rosneft said Friday it intended to ask law enforcers to ban Reuters in Russia over its report suggesting that Rosneft had helped Venezuela to bypass U.S. sanctions. Xinhua #OOTT http://www.xinhuanet.com/english/2019-04/20/c_137993151.htm

    1:00 AM – 20 Apr 2019

  29. Cloggie on Sat, 20th Apr 2019 12:29 pm 

    Airbus chef announces emission-free airplanes in a few years, not a few decades:

    https://www.spiegel.de/wissenschaft/technik/guillaume-faury-neuer-airbus-chef-verspricht-abgasfreie-flugzeuge-a-1263788.html

    He doesn’t foresee pure battery operation, it will be hybrid, with hydrogen or biofuel.

  30. Robert Inget on Sat, 20th Apr 2019 3:07 pm 

    https://oilprice.com/Energy/Energy-General/Permian-Oil-Now-Selling-At-A-Discount.html

    Permian Oil Now Selling At A Discount
    By Nick Cunningham – Apr 20, 2019, 12:00 PM

    (Condensate Rich) Gas/oil mixture not ready for prime time. More to the point w/o heavy Venezuelan oil to mix, Permian is almost useless
    for refining diesel.
    Here’s the story;

    Nick Cunningham
    NICK CUNNINGHAM

    Nick Cunningham is a freelance writer on oil and gas, renewable energy, climate change, energy policy and geopolitics. He is based in Pittsburgh, PA.

    More Info

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    How many drilling sites are left in the Permian?
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    Permian Oil Now Selling At A Discount
    By Nick Cunningham – Apr 20, 2019, 12:00 PM
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    Gulf Coast refiners are having trouble swallowing up all of the ultralight oil coming out of the Permian.

    The Permian continues to add production, even as drilling activity slows down in Texas and elsewhere. According to the EIA, the Permian could add another 42,000 barrels per day in May, with output now well above 4 million barrels per day (mb/d). That comes even as the rig count has declined sharply from fourth quarter highs last year.

    The record levels of production present new challenges. The pipeline bottleneck that really became an acute problem a year ago has eased somewhat. New capacity came online in recent months, while larger pipeline projects are expected to reach completion later in 2019.

    That will allow more oil to reach the Gulf Coast. But from there, the flow of oil runs into other bottlenecks. U.S. oil exports continue to break new records. Although the numbers bounce around from week to week, U.S. crude exports now routinely top 2 mb/d, and even exceeded 3 mb/d at times this year. A year ago, exports above 2 mb/d would have been considered exceptionally high, and only occurred on rare occasions. As recently as 2017, exports tended to hover below 1 mb/d.

    Still, Gulf Coast ports are bumping up against their limits, unable to export every last barrel. That leads to another bottleneck: Gulf Coast refiners are not equipped to handle huge volumes of ultralight oil. Refineries built years ago were done so with the intention that they would import medium and heavy barrels from abroad. They can’t simply switch over to light and ultralight oil without problems.

    Growing supplies of light and ultralight oil come at a time when medium and heavy blends around the world are in shorter supply. Iran sanctions, Venezuela sanctions, Canadian pipeline woes, declines in Mexican heavy oil, and the OPEC+ cuts have all cut into the supply of medium and heavy oil.

    Light oil was already coming under pressure from soaring production at a time when medium and heavy blends were tight, but now the increasing volumes of ultralight oil have made it difficult to even put together the right specs for what is commonly known as WTI. (continued @ link)
    (30)

    When shortages become apparent several things become important.
    (#1) Pipelines from Canada.
    With Venezuela on hold, Canada has the largest stash of actual crude oil. Because of political
    hold-ups Canadian oil companies have almost given up on Keystone XL despite Trump pressure.
    Instead:
    The Canadian govt will put down an Asian export pipeline to BC. As crude becomes more expensive, Canada will also approve “Canada East” pipeline to replace over-priced imports.

  31. Robert Inget on Sat, 20th Apr 2019 5:13 pm 

    Forget about ‘rig counts’. Like so many other
    old metrics, gone forever.

    Surge Energy Announces Drilling the Longest Known Lateral in the Permian Basin of 3.4 Miles

    Talk about ‘draining the swamp’!
    If NG is the final goal, more power to em.

    http://www.surgeenergya.com/InvestorRelations.News.html

  32. Eternal Darkness on Sun, 21st Apr 2019 11:17 am 

    Davy, I know a lot more on the world (I do my research)- I don’t need to hear it from you.

  33. JuanP sock on Sun, 21st Apr 2019 12:07 pm 

    JuanP posted this

    Eternal Darkness on Sun, 21st Apr 2019 11:17 am

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