Intelligence insider: Syria, World War III & the hidden objective

It's about oil, energy and the global economic system

“Pay attention! You are seeing the opening acts to a global war, to World War III. Refer to the information I gave you right after the attacks in Benghazi, specifically to the information contained in‘Lemmings…at the precipice of WW III’ and you will see that everything I divulged to you was precisely correct.

World War III will begin in Syria, and no one on the planet (and Americans in particular) will be left untouched by what is about to take place. This has been planned for some time, and we are now seeing it happen right in front of us.” Those are the words of a trusted source with deep ties to the intelligence community, before providing more insight into what we might expect as this ‘crisis’ escalates and “Syria explodes.”

As I wrote in that article published on October 8, 2012, “All that is needed now is for a dutiful media to present one image, a video, or some other proof that Assad or someone else is using, or has their hands on, unconventional weapons. This will provide the necessary pretext for the U.S. and NATO, to intervene and ramp up the war against Assad. The UN will assist, and the red line will then have been crossed.” That will be the trigger event for U.S. involvement, and the escalation into a global conflict.

We are now at that critical moment, as the images of the use of chemical weapons are all over the news, and all fingers are pointing to Assad as the culprit. Just as predicted, The Guardian among other media outletsreported that “David Cameron and Barack Obama moved the West closer to military intervention in Syria on Saturday as they agreed that last week’s alleged chemical weapon attacks by the Assad regime had taken the crisis into a new phase that merited a ‘serious response.’” But it’s a lie, a magic show, to keep people’s attention away from something much bigger on the horizon.

Via: Canada Free Press

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Why won't the president visit North Dakota?

Good question because North Dakota, which produced an eye-popping 800,000 bbls of oil last month, has now become the second largest oil producing state behind Texas.

And it's all happened without much help from the federal government.

Why should Obama visit?

National Journal:

This energy boom is producing clear benefits, for North Dakota, which has the lowest unemployment rate in the country, and for the rest of America, which is importing the fewest barrels of oil since the mid-1990s and getting closer than ever to the elusive goal of energy independence.

"I would encourage him to go out," said former Sen. Byron Dorgan, D-N.D., who campaigned with Obama in the state in 2008. "You've got to see it to believe it. It's a big boost to our economy and also a big boost to our nation's energy policy."

Senate Energy and Natural Resources Committee Chairman Ron Wyden, D-Ore., is planning to visit the region in September, and Interior Secretary Sally Jewell toured the oil fields earlier this month. While notable, these visits don't carry with them the power and significance of a presidential trip.

"He's got an incredibly busy travel schedule, and it's not something we've spoken about," Jewell said. "The president relies on me and other members of his Cabinet to be his eyes and ears on the ground where development is taking place."

Jewell said she and Obama have so far only talked at "a high level about a commitment to an all-of-the-above energy strategy about reducing our dependence on foreign oil," Jewell said. "But, I haven't had a conversation with him about the Bakken. I know his advisers close with him are keenly aware of it."

Via: American Thinker

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HOUSTON COULD ADD 80,000 JOBS IN 2013

So many jobs are coming to Houston top oil companies from around the world are building new office spaces to accommodate their new employees. In fact, banks are loaning money to companies even if the developers do not have a tenant.

Texas’s economy is growing and grew 4.8% last year. They added 100,000 jobs and Houston alone could add 80,000 this year. Real estate firm CBRE Group, Inc. said there are 56 office buildings under construction in and around Houston. These buildings total at least 11 million square feet. Not only are they providing jobs for their employees, but they are building the economy in the area. An area called Springwoods Village has room for up to 5,000 houses and apartments and it is near an Exxon campus. The campus is 400-acres with 20 buildings with room for 10,000 employees.

BP is building a three-story building to speed up their search for oil and gas around the world. Other companies with buildings under construction are BHP Billiton Petroleum, Anadarko Petroleum Corp, Royal Dutch Shell and Chevron.

The demand is so high in Houston there are many buildings going up as specs. Principal Real Estate Investors and Trammell Crow Co built one with a loan of $100 million even though they did not have a tenant. ConocoPhilips signed a lease for the entire building within four months and construction has not even started.

This boom is not new to Houston and experts are cautioning the developers not to overbuild. Between 1980-1986 there was a bigger boom and developers built over 88.9 million square feet in Houston, but the economy crashed when oil prices went too low. It took Houston almost two decades to fully recover from that crash. 

Via: Breitbart

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In the Energy Debate between Palin and Obama...Obama Lost

You  know we can't just drill our way to lower gas prices. If we're going to take control of our energy future, and can start avoiding these annual gas price spikes that happen every year when the economy starts getting better, world demand starts increasing, turmoil in the Middle East or some other parts of the world, if we're going to stop being at the mercy of these world events, then we need a sustained, all-of-the-above strategy that develops every available source of American energy - oil, gas, wind, solar, and nuclear, and biofuels, and more.

President Obama made these remarks in February of 2012 at the University of Miami.  The President was criticizing the longstanding argument of political rival Sarah Palin, who urges the nation to "drill, baby, drill."

Palin expounded on these sentiments in 2010:

Although the Left chooses to mock the mantra of "drill, baby, drill," and they ignorantly argue against the facts pertaining to the need for America to responsibly develop her domestic supply of natural resources, surely they can't argue the national security implications of relying on foreign countries to extract supplies that America desperately needs for industry, jobs, and security. Some of the countries we're now reliant upon and will soon be beholden to can easily use energy and mineral supplies as a weapon against us.

In 2011, in an interview with the CBS affiliate WTKR in Hampton Roads, Virginia, the president contradicted his own remarks suggesting that oil prices cannot be lowered by arguing:

Via: American Thinker

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Another Reason Why America Is Amazing ...

U.S. May Overtake Saudi Arabia As World’s Top Oil Producer
NEW YORK (AP) - U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world's biggest producer.

Driven by high prices and new drilling methods, U.S. production of crude and other liquid hydrocarbons is on track to rise 7 percent this year to an average of 10.9 million barrels per day. This will be the fourth straight year of crude increases and the biggest single-year gain since 1951.

The boom has surprised even the experts.

"Five years ago, if I or anyone had predicted today's production growth, people would have thought we were crazy," says Jim Burkhard, head of oil markets research at IHS CERA, an energy consulting firm.

The Energy Department forecasts that U.S. production of crude and other liquid hydrocarbons, which includes biofuels, will average 11.4 million barrels per day next year. That would be a record for the U.S. and just below Saudi Arabia's output of 11.6 million barrels. Citibank forecasts U.S. production could reach 13 million to 15 million barrels per day by 2020, helping to make North America "the new Middle East."

The last year the U.S. was the world's largest producer was 2002, after the Saudis drastically cut production because of low oil prices in the aftermath of 9/11. Since then, the Saudis and the Russians have been the world leaders.

The United States will still need to import lots of oil in the years ahead. Americans use 18.7 million barrels per day. But thanks to the growth in domestic production and the improving fuel efficiency of the nation's cars and trucks, imports could fall by half by the end of the decade.

The increase in production hasn't translated to cheaper gasoline at the pump, and prices are expected to stay relatively high for the next few years because of growing demand for oil in developing nations and political instability in the Middle East and North Africa.

Via: CNS News

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Oil and gas production just keep falling under President Obama

President Obama certainly knows how to talk a good game when it comes to energy policy; to the low-information layman, “all of the above” sounds like a superficially excellent plan. Work on green energy development, but keep the traditional fuel production comin’ — it’s the best of both worlds, right? Except that that’s not what the Obama administration has done at all. While the feds have poured billions upon billions of taxpayer dollars into picking economic winners and losers in the clean-energy field, Obama’s EPA/Energy/Interior team have waged a regulatory war on the coal industry and only allowed for relatively scant permitting for drilling projects.

Obama & Co. are big fans of taking credit for the increase in oil production that’s taking place on the domestic scene right now, but the credit is actually due to permits issued under President Bush (one of the few things he’s unwilling to credit to the “previous administration,” heh) and increased production on private and state lands. As Daniel Kishdetailed in USNews yesterday, the Energy Information Administration recently released itsAnnual Energy Review 2011, and it demonstrates just how much Obama’s policy isn’t so much “all of the above” as “nothing from below”:

In reality, data shows that oil and gas production is actually falling on federal lands. Offshore oil production was the lowest since 2008, and natural gas production on federal lands was the lowest since 2003. Coal production on federal lands has fallen as well. Coal production was the lowest since 2006. Energy Information Administration also reports that 2011 had the highest average price for gasoline in U.S. history, and 2009-2011 has seen the highest average real electricity prices since the early 1990s.

(Read Full Article)

Via: CA Political Review

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Gas Prices Hit Record High In CA

California Gas Stations Shut as Oil Refiners Ration Supplies

Gasoline station owners in the Los Angeles area including Costco Wholesale Corp. (COST) are beginning to shut pumps as the state’s oil refiners started rationing supplies and spot prices surged to a record.

Valero Energy Corp. (VLO) stopped selling gasoline on the spot, or wholesale, market in Southern California and is allocating deliveries to customers. Exxon Mobil Corp. (XOM) is also rationing fuel to U.S. West Coast terminal customers. Costco’s outlet in Simi Valley, 40 miles (64 kilometers) northwest of Los Angeles, ran out of regular gasoline yesterday and was selling premium fuel at the price of regular.

Prices Jump

Gasoline at the pump gained 8.3 cents to $4.315 a gallon in California yesterday, according to AAA.com, 53.1 cents more than the national average of $3.784. In Los Angeles the price was $4.347. Gasoline futures for November delivery on the Nymex rose 14.34 cents to settle at $2.9429 a gallon, after falling yesterday to a 10-week low. Retail price movements tend to lag behind those of futures.

“Product supply in California has tightened, especially in Southern California, due to refinery outages,” Bill Day, a Valero spokesman at the company’s headquarters in San Antonio, said by e-mail.

Exxon’s Torrance refinery is restoring operations after losing power Oct. 1. Phillips 66 (PSX) is scheduled to perform work on gasoline-making units at its two California refineries this month, two people with knowledge of the schedules said. A Chevron Corp. (CVX) pipeline that delivers crude to Northern California.

Via: Bloomberg

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OBAMA DOCTRINE: MIDDLE EAST CHAOS, SOARING OIL PRICES SPARK GLOBAL RECESSION FEARS

The turmoil in the Middle East, the Federal Reserve's decision to further devalue the U.S. dollar through a third round of "quantitative easing" (QE3), and rising oil prices are combining to create a toxic economic brew that could send the global economy into recession. 

That was the assessment of International Energy Agency chief economist Fatih Birol. "I see the [oil] prices today, in this economic context, as unbearable for consumers," said Birol on Friday. "High prices together with other factors could push the global economy back into recession." 

Mr. Birol's comments come as U.S. oil prices hit a four-month high on Friday:

Since late June, the price of crude oil has climbed about 25 percent, fueling a 16-cent increase in the average price of regular gasoline and adding to the economic headwinds facing President Obama in the final weeks of the election campaign.

Industry experts believe that President Barack Obama may use the Middle East uprisings and soaring fuel costs to justify tapping the nation's 700 million-barrel emergency Strategic Petroleum Reserve, similar to what Mr. Obama did last year to no lasting effect.

But it was the Federal Reserve's decision to pump $40 billion so-called "stimulus" dollars a month into the U.S. economy in the form of buying mortgage-backed securities that ultimately may prove to be the match that lit the economic powder keg. As the value of the U.S. dollar goes down, oil prices go up. That means slower economic growth and higher consumer prices. 

As Reuters explains, the confluence of all these economic factors is producing a chain reaction of higher consumer prices, plunging industrial production, and soaring gas prices:

Highlighting the risk to the economy from surging oil prices, a jump in gasoline costs pushed up U.S. consumer prices in August at the fastest pace in more than three years and squeezed spending on other items, threatening to slow economic growth.

Industrial production dropped 1.2 percent in August, the biggest decline since March 2009. The consumer price index increased 0.6 percent, the first rise in five months and the biggest since June 2009.

Gasoline prices, which also recorded their largest increase since June 2009, accounted for about 80 percent of the rise in consumer inflation last month, the Labor Department said.

Via: Breitbart
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Obama thinking of tapping the Strategic Petroleum Reserve

Because nothing is worse in an election season than rising gas prices.

The White House is "dusting off old plans" for a potential release of oil reserves to dampen prices and prevent high energy costs from undermining sanctions against Iran, a source with knowledge of the situation said on Thursday.

U.S. officials will monitor market conditions over the next few weeks, watching whether gasoline prices fall after the September 3 Labor Day holiday, as they historically do, the source said.

It was too early to detail the size of any release from the U.S. Strategic Petroleum Reserve and other international stockpiles if a decision to proceed was taken, the source said.

Oil prices have surged in recent weeks, with Brent crude prices closing in on $120 a barrel, up sharply from below $90 a barrel in June. The United States and other Group of Eight countries studied a potential oil release in the spring but shelved the plans when prices dropped.

As prices rise again, U.S. officials were now collecting information from the market about potential needs and studying futures, production numbers and data on Iranian oil exports.

"The driving force in this is both impact on the economy and impact on the Iran sanctions policy," the source said, noting that Washington did not want rising oil prices to create a windfall for Iran while international sanctions were having an effective impact on its crude exports and revenues.

Via: American Thinker

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