Showing posts with label Oil. Show all posts
Showing posts with label Oil. Show all posts

Sunday, September 14, 2008

Paid For By Big Oil

END BIG OIL'S ENERGY PLAN

"Too many Republicans in Washington are in the pocket of big oil. They've taken millions of dollars from oil companies like ExxonMobil. So instead of fighting for new jobs and investing in clean energy, these Members of Congress have supported $18 billion in tax breaks for oil companies.

Now they are back in Washington calling for more drilling - exactly what the oil companies would like. It's time to expose the politicians who refuse to stand up to big oil.

We need leaders to stop working for big oil and to start working for the American people."


Sign the petition HERE.

Thursday, September 04, 2008

Cheney colleague admits bribery in Halliburton oil deals

The Independent reports:
"A former colleague of the US Vice-President, Dick Cheney, has pleaded guilty to funnelling millions of dollars in bribes to win lucrative contracts in Nigeria for Halliburton, during the period in the Nineties when Mr Cheney ran the giant oil and gas services company.

Albert Stanley, who was appointed by Mr Cheney as chief executive of Halliburton's subsidiary KBR, admitted using a north London lawyer to channel payments to Nigerian officials as part of a bribery scheme that landed some $6bn of work in the country over a decade.

The guilty plea, announced yesterday, came after a four-year investigation by US attorneys and threatens to stir up old controversies just as eyes are trained on the Republican party convention. Mr Cheney, who pulled out of an address to the convention because of Hurricane Gustav earlier this week, led Halliburton from 1995 until returning to government in 2000. He had previously been Defence Secretary under the first President George Bush, and the links with Halliburton have been a constant thorn in the side of the current administration as the company has gone on to win billions of dollars of contracts in Iraq and other US military spheres...."

Saturday, November 24, 2007

Nevada Democratic Debate - Dennis Kucinich Interview

"This is [an] uncut interview with presidential candidate Dennis Kucinich, discussing health care, UFOs, and Peak Oil. Afterwards, his wife Eilizabeth [discusses] reopening the investigation of 9/11 and the possibility that Dennis might run on a ticket with Ron Paul."



Original Post: Raw Vegas

Technorati tags: , , , ,

Wednesday, May 23, 2007

Kucinich Exposes Iraqi "Hydrocarbon Act" Privatization In House Floor Speech

MUST READ: Representative Dennis J. Kucinich: “It’s All About Oil”
Summary and Notes from Congressman Kucinich’s One Hour Speech Before the United States House of Representatives On Administration’s Efforts to Privatize Iraq Oil

The Iraqi “Hydrocarbon Law” is an issue of critical importance, but has been seriously mischaracterized and I want to provide the House of Representatives the facts and evidence to support the concerns I have expressed.

As you know, the Administration set several benchmarks for the Iraqi government, including passage of the “Hydrocarbon Law” by the Iraqi Parliament. The Administration has emphasized only a small part of this law, the “fair” distribution of oil revenues. Consider the fact that the Iraqi “Hydrocarbon Law” contains a mere three sentences that generally discusses the “fair” distribution of oil.

Except for three scant lines, the entire 33 page “Hydrocarbon Law,” is about creating a complex legal structure to facilitate the privatization of Iraqi oil. As such, it in imperative that all of us carefully read the Iraqi Parliament’s bill because the Congress is on the record in promoting oil privatization.

This war is about oil.

We must not be party to the Administration’s blatant attempt to set the stage for multinational oil companies to take over Iraq’s oil resources.

The Administration set several benchmarks for the Iraqi government, including passage of the “Hydrocarbon Law” by the Iraqi Parliament.

And many inside the beltway are contemplating linking funding for the war in Iraq to the completion of these benchmarks, including passage of the “Hydrocarbon Law” by the Iraqi Parliament.

The Administration has once again misled Congress by mislabeling the draft law as an oil revenues distribution law, just as the Administration misled Congress about the Iraq war.

The war in Iraq is a stain on American history. Let us not further besmirch our nation by participating in the outrageous exploitation of a nation which is in shambles due to U.S. intervention.

The fact is that except for three scant lines, the entire 33 page “Hydrocarbon Law,” is about creating a complex legal structure to facilitate the privatization of Iraqi oil....
Read more here.

Photo Credit: Dennis Kucinich. (washingtonpost.com)

Sunday, May 13, 2007

Only Halfway There

By Thomas L. Friedman
The New York Times

I’m glad Democrats are keeping the pressure on President Bush for a withdrawal date from Iraq. It’s the only way to keep him and Iraqis focused on the endgame. But if Democrats really want to be taken seriously on foreign affairs, they need to recognize that they have only half a policy on Iraq. And it’s the easy half.

You can’t be in favor of setting a date to withdraw from Iraq without also being in favor of a serious energy policy to radically reduce our dependence on oil — now. To call for withdrawing from Iraq by a set date, no matter what the situation is on the ground there — without a serious energy plan here — is reckless. All we would be doing is making ourselves more dependent on an even more unstable Middle East, because any U.S. withdrawal from Iraq is likely, in the short run, to be destabilizing.

The Middle East today is deeply troubled. If we determine that our efforts to tilt that region in a different direction — by building a decent Iraq — have failed, then our efforts to minimize our exposure to that region have to begin. But the last thing we can afford to do is walk away from the Middle East militarily while remaining chained to it economically.

More important, if Iraq totally fails, but we still believe it is in our interest to promote reform in the Middle East, a serious U.S. energy policy that permanently brings down the price of oil — by developing scalable alternative energies — is actually the best Plan B there is. You will see reform in the Arab-Muslim world only when regimes there can’t survive just by extracting oil, but have to extract the talents of their people by educating, empowering and connecting them.

But to hasten that day, Democrats have to be a lot more serious about energy than they have been up to now. Everyone has an energy plan for 2020. But we need one for 2007 that will start to have an impact by 2008 — and there is only one way to do that: get the price of oil right. Either tax gasoline by another 50 cents to $1 a gallon at the pump, or set a $50 floor price per barrel of oil sold in America. Once energy entrepreneurs know they will never again be undercut by cheap oil, you’ll see an explosion of innovation in alternatives.

“Right now we’re looking for solutions in all the wrong places,” argues the noted oil economist Philip Verleger. “The only way one can effectively address this problem today and get an immediate kick is by raising the price at the pump and keeping it there.” Some of the revenue could be used to buy back the most fuel-inefficient vehicles on our roads, he added. “The best monument to 9/11 we could erect would be a mountain of crushed gas guzzlers.”

There are some hopeful signs: Chris Dodd has just broken ranks and become the first presidential candidate to issue a serious, comprehensive energy plan that includes the “T word.” He has called for a “corporate carbon tax” that would both help fight global warming emissions and raise gasoline prices.

“You say the word ‘tax’ and people usually head for the hills,” Mr. Dodd told me. “But this is one where the American people can handle the truth. Unless you address the issue of price, you’re not serious about moving us from Point A to Point B.”

Barack Obama also just got right in Detroit’s face. He went to Motown, called for much tougher fuel economy standards and bluntly told automakers and autoworkers the truth: “For years, while foreign competitors were investing in more fuel-efficient technology for their vehicles, American automakers were spending their time investing in bigger, faster cars. Whenever an attempt was made to raise our fuel efficiency standards, the auto companies would lobby furiously against it, spending millions to prevent the very reform that could’ve saved their industry.” Those are fightin’ words!

Finally, in a move that also merits praise, General Motors announced that it was joining other major U.S. corporations, like General Electric, and signing on to the United States Climate Action Partnership (U.S.C.A.P.), which calls for a cap-and-trade program to control carbon dioxide emissions. G.M. is the first auto company to do so.

None of these go far enough, but they are all new positions and may be harbingers of a new competition in which companies and candidates try to outdo each other in being serious about energy rather than phony. That would be a big deal — and it might give the Democrats a more comprehensive Iraq policy just in the nick of time.

You can’t be serious about getting out of Iraq if you’re not serious about getting off oil.

Photo Credit: Thomas Friedman. (Fred R. Conrad. (The New York Times)

Tuesday, April 10, 2007

Juicy Tuesday Tid-Bits

Bush v. Congress: The Looming Battle Over Executive Privilege
By ADAM COHEN, The New York Times:
"The Supreme Court’s ruling in the Watergate tapes case, and other legal and historical precedents, make it clear that executive privilege should not keep Congress from getting the testimony it needs....
Senators Press for More Files on Removing Prosecutors
By DAVID JOHNSTON, New York Times:
"Four senators are concerned that the Justice Department has not turned over all relevant documents related to the dismissals of eight United States attorneys...."
High Stakes: Chávez Plays the Oil Card
By SIMON ROMERO and CLIFFORD KRAUSS,New York Times:
"A showdown between President Hugo Chávez and U.S. and European companies over key oil projects could wind up with all sides losing...."
Huge Protest in Iraq Demands U.S. Withdraw
By EDWARD WONG, New York Times:
"Tens of thousands of protesters loyal to Shiite cleric Moktada al-Sadr demanded an end to the American military presence in Iraq...."
Destroy Gonzales-ism
By Brent Budowsky
"Thomas Paine once wrote that in absolute governments, the King is law, and in free nations, the Law is king.

The fundamental problem is not that Alberto Gonzales lied, prevaricated, misrepresented or played Pinocchio when he falsely stated he was not involved in the decisions to fire the U.S. attorneys. Those actions were wrong and appropriate grounds for removal, but there is much, much worse.

Alberto Gonzales is a basically decent guy, a second-tier-quality lawyer elevated to great heights by blind obedience to the concept of absolute power and the unwise president who claims it for himself on matters that grossly violate the American notion of the rule of law.

Gonzales-ism is the problem, not Gonzales....

[...]

In America nobody is above the law, and the principle of Gonzales-ism is that the White House counsel and the attorney general are just two more crony jobs given to weak and submissive sycophants who treat the King as his client, and treat the Constitution, the law and the people as petty cash to be bartered away because of the whims of the King.

In Gonzales-ism, the King is law; in America, the Law is king, and anyone who violates this notion that has defined America since 1776 is not fit to hold high office."
Iran Planning To Stop Using U.S. Dollar To Price Oil, Central Bank Governor Says
International Herald Tribune:
"KUALA LUMPUR, Malaysia: Iran is planning to stop using the U.S. dollar to price oil, with less than half of its oil income now paid in the U.S. currency, Iran's central bank governor said.

"That's the plan for the future, we are working on that," Governor Ebrahim Sheibany said in an interview with Zawya Dow Jones News Service late Tuesday when asked if Iran was planning to stop pricing oil in dollars.

[...]

...Iran is doing fine without economic relations with Washington, and it has "perfect control" in keeping its currency stable, Sheibany said.

"We do not have any problem. We are trading with more than 70 countries, including (in) Asia and Europe," the governor said.

Iran's central bank is also shifting to holding its foreign reserves in a basket of 20 currencies and away from U.S. dollars, which now make up less than 20 percent of the reserves, Sheibany said...."
BBC NEWS | Americas | Guantanamo conditions 'worsening':
"Conditions for detainees at the US military jail at Guantanamo Bay are deteriorating, with the majority held in solitary confinement, a report says...."
Guant�namo Detainees Stage Hunger Strike
New York Times
"A long-term hunger strike has broken out at the American detention center at Guantánamo Bay, Cuba, with more than a dozen prisoners subjecting themselves to daily force-feeding to protest their treatment, military officials and lawyers for the detainees say...."
GOP-issued laptops now a White House headache - Los Angeles Times
"Democrats say a private e-mail system was used in violation of federal rules...."
How NRC unit became gun-toting cops
MSNBC.com:
"With no public discussion or input from Congress, the Nuclear Regulatory Commission has quietly obtained armed federal police status for a small office of investigators whose big cases typically involve people sleeping on the job, falsifying documents or misplacing equipment. 'I didn't realize you needed guns and handcuffs to protect yourself against paper cuts,' said Dave Lochbaum of the Union of Concerned Scientists, a longtime critic of the NRC's Office of Investigations...."

Thursday, February 15, 2007

Will Russia Bet on Its People or Its Oil Wells?

By Thomas L. Friedman
The New York Times
In a high-rise building with a view of Lenin’s Tomb, the U.S. aerospace giant Boeing is designing key parts of its new 787 Dreamliner, using hundreds of Russian aerospace engineers. Yes, President Putin may be talking cold-war tough, but down the street from the Kremlin, America’s crown jewel industrial company is using Russia’s crown jewel brainpower to design its next crown jewel jetliner.

Boeing’s Moscow Design Center, which employs 1,400 Russian engineers (earning less than their U.S. counterparts) on various projects, symbolizes Russia’s unique potential: Russia is that rare country that not only has a treasure trove of natural resources — oil, gas and mines — but also has a treasure trove of human talent: engineers, mathematicians and other valuable minds.

Most nations with highly developed human talent — like Singapore or Taiwan — have few natural resources, and those that are rich in natural resources — Venezuela or Sudan — tend not to develop their people’s talents. The exceptions, like Norway, which is rich in both human and natural resources, usually built their democratic institutions before they got rich on oil, so the money was well spent.

The meta-question with Russia today is this: Will it become more like Norway, a democracy enriched by oil, or more like Venezuela, a democracy subverted by oil? Is the Boeing center Russia’s future or its exception?

You see signs of both trends. On the positive side, Russia has been smarter than most petro-states. It has set up a rainy day fund and tucked away $100 billion from its oil and gas windfall. Direct foreign investment in Russia hit $30 billion last year, according to The Economist, and not all of it goes to the oil and gas sector anymore.

And then there’s Boeing. Its impressive Moscow center operates two shifts of engineers: 7 a.m. until 3 p.m., and 3 p.m. until 11 p.m. — which is shortly before the workday begins in the United States. A Russian Boeing engineer might be designing part of the 787’s nose during his day, and then initials and stores his work in the computer. A U.S. Boeing engineer, working on an identical computer, then picks it up during her day and engineers it some more. With regular teleconferences, it’s as if they are in one virtual 24-hour office.

“There is no paper at all,” said Sergei Korolev, the deputy head of Boeing Moscow. “We do the presentations electronically and have online sessions with Wichita and Seattle, and everyone looks at the same part and talks about it. Our center is the reason people are not emigrating.”

But Russia has a unique legacy in aerospace from Soviet days, so the educational centers and talent were in place for Boeing to tap. What Russia still glaringly lacks is an ecosystem of secure property rights, venture capitalists and homegrown innovators, and universities and business schools churning out idea-entrepreneurs. “Made in Russia” will never be a global brand as long as research spending by Russian companies remains among the lowest in the world.

The Moscow Times recently reported that only two Russian colleges — Moscow State and St. Petersburg State — are listed among the world’s top 500 universities. When you walk down the streets in Bangalore, India’s high-tech capital, it feels as if there’s a computer school or English-language school on every street. You walk in Moscow, and it feels as if there is a new shoe store or beauty salon on every street.

A former top aide to President Putin remarked to me that Russia had a huge interest in building a postindustrial knowledge economy, not an energy-intensive industrial one, so it can export most of its oil and gas, not consume them at home. But that would take a big investment in education, which is not being done.

Noting that Russia today spends far less of its G.D.P. on higher education than Europe or America, Sergei Guriyev, rector of Russia’s New Economic School, wrote in The Moscow Times, “Russians simply are not prepared to pay the taxes that would be necessary to finance science and education at Soviet-era levels, and no incentives have been created to attract more private funding.”

So here’s my prediction: You tell me the price of oil, and I’ll tell you what kind of Russia you’ll have. If the price stays at $60 a barrel, it’s going to be more like Venezuela, because its leaders will have plenty of money to indulge their worst instincts, with too few checks and balances. If the price falls to $30, it will be more like Norway. If the price falls to $15 a barrel, it could become more like America — with just enough money to provide a social safety net for its older generation, but with too little money to avoid developing the leaders and institutions to nurture the brainpower of its younger generation.

Photo Credit: Thomas Friedman. (Fred R. Conrad/The New York Times)

Tuesday, February 06, 2007

Friedman: Iraq Rehash #3

Tom Tom rehashes, for at least the third time, his 'Two-F'r Iraq Solution': Let's exit Iraq and solve our energy problems-- all at the same time!

His arbitrary date of exit, Dec. 1st, is just that -- arbitrary -- and he gives no credible reason why it shouldn't be tomorrow.

What is most disturbing is Tommy's tendency to put all of the blame for the chaos in Iraq on the Iraqis -- and none on the US.

Forget about the fact that we intentionally upset a hornet's nest by invading their country and then proceeded to spread hornet venom all over the place by our unfailing failure to plan for just about everything.

The undercurrent of Tommy's remarks are inappropriately vindictive. Doesn't fly, Tom. You supported this fiasco from the beginning and only bailed when things were clearly going south. You have no one to blame for the sectarian violence and killing but your ideological hawk-friends in the White House and you and all the other neo-con zealots who supported their insane policy.

Yes, We Can Find the Exit
By Thomas L. Friedman
The New York Times
MOSCOW

Listening, from Moscow, to the debate in Congress about Iraq is troubling: it sounds as if the American people are being offered two routes to a dead end: either follow President Bush and have troops surging into a roiling civil war, or go with one of the Congressional resolutions and denounce the surge, but without any alternative strategy for securing U.S. interests.

I believe there is an alternative strategy, but it will take two concrete numbers to implement: a date — Dec. 1 — and a price — $3.50 cents a gallon. Let me explain.

What is the U.S. interest in Iraq right now? It’s to quell the civil war enough so the parties may eventually reach a negotiated settlement, and if that proves impossible, to get America out of Iraq with the least damage to our interests.

We will not quell this civil war with a surge of troops alone. The only thing that will do that is a power-sharing, oil-revenue-sharing deal between the parties. The only way we will get serious negotiations going is with leverage that America does not now have: leverage on the parties inside and outside Iraq. Negotiating in the Middle East without leverage is futile. These folks know how to calculate the balance of power down to the last ounce.

So how do we get leverage? The first way to do that is by setting a firm date to leave — Dec. 1. All U.S. military forces are either going to be home for Christmas 2007 or redeployed along the borders of Iraq, away from the civil war.

Right now everyone in Iraq is having their cake and eating it — at our expense. We have to change that.

The Sunnis, who started this whole murderous cycle, participate in the government, negotiate with us and also indulge the suicide bombers and the insurgents. The Shiites collaborate with us, run their own retaliatory death squads and dabble with Iran. The Saudis tell us we can’t leave, but their mosques and charities funnel Sunni suicide bombers to Iraq and dollars to insurgents. Iran pushes its Iraqi Shiite allies to grab more power, while helping others kill U.S. troops. Ditto Syria.

O.K., boys, party’s over: we’re leaving by Dec. 1. From now on, everyone pays retail for their politics. We will no longer play host to a war where we’re everyone’s protector and target. If you Sunnis want to go on resisting, we’ll leave you to the tender mercies of the Shiites, who vastly outnumber you. You Shiites, if you want to run Iraq without compromising with Sunnis, fine, but you’ll have to fight them alone and then risk having to live under the thumb of Iran.

You Saudis and other Arabs, if you don’t use your influence to delegitimize Sunni suicide bombers and press Iraq’s Sunnis to cut a deal, we won’t protect you from the consequences. And Iran, you win — yes, if we leave, you win the right to try to manage Iraq’s Shiites. Have a nice day.

But at the same time, we have to impose a tax that creates a floor price of $3.50 a gallon for gasoline — forever. This is also about leverage. It says to all the parties: we are going to conserve enough gasoline and spur enough clean alternatives to fossil fuels that no matter what you all do in the Middle East, we will not depend on you for energy.

Today in Iraq, none of the key parties have to make any choices, and we don’t have any choices. That is the definition of “stuck.” Right now we can win only if all the parties in and around Iraq act in the most farsighted and flexible manner. Otherwise we lose in our attempt to democratize Iraq, and we’re left holding the bag. We need to be in a win-win situation that we control.

“I don’t think at this stage that the promise of 20,000 more troops will change any minds in Iraq,” said Michael Mandelbaum, author of “The Case for Goliath.” “But the threat of a lot fewer U.S. troops might conceivably get everyone focused. Right now, the U.S. is the passenger in a car that other countries are driving — and it’s not going in the right direction. We have to change that dynamic.”

Indeed we do. Once we’ve set a date to leave by and a gas price to live by, we, for the first time, will have choices in Iraq. We can stay to broker a deal if the parties want to be guided by their better angels or, if they want tribal instincts to reign, we can leave by Dec. 1 and insulate ourselves from Islam’s civil war with a new energy policy.

To put it another way, if setting a date to leave miraculously brings them to their senses, our aspirations for the Iraqis will have been achieved, and we’ll be stronger. And if it doesn’t, but we have set an exit date and a gas price, we’ll be out of Iraq and more energy-secure — and we’ll also be stronger.

Photo Credit: Thomas Friedman. (Fred R. Conrad/The New York Times)