Canadian oil, gas entities fight for their lives (There Goes Canada Oil Sands)

According to Financial Post:

CALGARY — As oil sands developer BA Energy Inc. seeks help from an Alberta court Friday to prevent a fire sale of its assets and appease nervous bankers, it joins a growing list of Canadian oil and gas companies fighting for their lives amid the credit crunch.

While so far only smaller players have run into trouble, insolvency experts say the flood of energy companies headed to court will swell if energy prices stay weak.

BA Energy Inc., developer of the $4-billion Heartland Upgrader near Edmonton, became the first oil sands company to file for bankruptcy protection, worried that its parent’s major lender will recall a US$507-million loan.

Read the Full Article at Financial Post:

- Welcome to the real world, Canada Tar Sands used commonly by the very positive people in the world as “larger” then Saudi Arabia is in serious financial trouble.

This may not be a surprise to many as many other industry is struggling as well, so far only small oil sand firms got into trouble however….it may spread deeper into the bigger oil sand companies if their debts start to swell bigger and bigger and loans are harder to get.

What happens after more then 50% of the oil sands company goes bankrupt and stopped their operation?

You will have an immediate decline in oil supply from Canada with great implication including more reliance on oil from middle east & definitely one of the worst downgrade in standard of living.

The tipping points is reaching…or had already passed.

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The Time Clock Has Run Out: Israel Ready to Strike Iran?

According to Newsmax.com:

(12 January 2009) Informed sources in Washington tell Newsmax that Israel indeed will launch a strike against Iran’s nuclear facilities soon – possibly in just days as President George W. Bush prepares to leave office.

The reason: The time clock has begun to run out. Iran is close to acquiring a nuclear device under the control of its radical president, Mahmoud Ahmadinejad.

International Atomic Energy Agency Director General Mohamed ElBaradei said in June that Iran would have a nuclear weapon in as little as six months.

That six-month period has passed.

Read the full article at Newsmax.com:

- It seems that Israel is readying themselves for the showdown with IRAN and even asked for “assistance” to bomb Iran’s Nuclear Facilities using bunker buster warheads…but was denied by Washington (11 January 2009).

I don’t need to reiterate again on the danger of attacking Iran now as Iran does have the “Oil Weapon” by closing the Straits Of Hormuz shutting down about 40% of global oil supply from the market.

This article may be very scary to me but don’t panic…until you get the actual actions from Israel….Oh, Israel is fighting a war now…yes.

Israel now fighting Hamas from Gaza due to rockets fire from Gaza reportedly smuggled from Iran…but we cannot speculate too much on such details as the media can be used as propaganda war against either sides…

What I can suggest to you guys now is to plan ahead…think what is needed.

This news is dated back at 12 January 2009 and quite possibly things might get ugly in few days times.

I don’t wish to cause any panic but do know the risk of such a war may cause and identify what you may need soon.

  1. Bottled Water (As Much As Possible)
  2. Can Foods (6 months for your family if possible)
  3. Candles/Matches/Lighters
  4. Torches
  5. Batteries (various sizes)
  6. Portable Radio (hand crank if possible)
  7. Money (Cash)
  8. Gold (In pieces or coins)
  9. Medical Kits
  10. Survival guide (SAS Survival Guide)
  11. Anything to keep yourself calm

This news may not be super accurate but do go through this crash course and decide your own plan of actions in this turbulance times.

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Edwin Black – The Plan

Edwin Black is an award-winning New York Times bestselling American author and journalist specializing in corporate and historical investigations.

He has published sixty editions in fourteen languages in sixty-one countries.
He has also written numerous newspaper and magazine articles, published throughout the United States, Europe and Israel.
The author has been featured in or the subject of numerous documentaries.

The Plan

Black’s sixth nonfiction book was The Plan published in 2008, and his second on the topic of energy independence and oil addiction.
The Plan however does not discuss energy independence as much as a fuel crisis looming in the event of a sudden oil interruption.
Black states that the U.S. consumes about 20 million barrels of oil per day, some 70 percent imported, and if only 2 million were interrupted for a protracted period of a month or more, the nation would be thrown into economic chaos.
The Plan, rich in footnoted studies and news reports, explains that severe weather such as hurricanes and pinprick terrorism at pipelines could not cause such a disruption, but that a blockade of the Strait of Hormuz could.
Black then outlines the step-by-step day-by-day austere rationing, vehicle retrofitting and fuel switching needed to survive such disruption, based on the policies and precedents of International Energy Agency and our own history.
The point of the book is that while some 28 other oil consuming nations have adopted emergency measures, American policymakers have not even discussed a contingency plan.

Looks like Mr. Edwin Black is very concerned about the future of America and the world yet the people who ask questions are really really begging for a military options against IRAN!~

Iran is not the enemy, it’s the huge dependence of oil …..and most of the oil comes from countries with unstable political situation such as Russia, Iran, Nigeria, Africa, Venezuela and more!

Straits of Hormuz is just one of my fear that I write on my blog and this will cause an immediate ENERGY CRISIS if this narrow shipping strait is blocked….

Things the IRAN or the people of IRAN can possibly do

  1. Fly a plane into Straits Of Hormuz targeting oil super tanker (takes weeks or months to clear the wreckage)
  2. Target any super tankers with short to long distance conventional missile.
  3. Divers to set countless water mines floating all over the narrow straits
  4. Small flexible suicide speed boats with huge explosive on the suicide mission on all tankers (Remote control works too)
  5. Artillery any passing ships
  6. LNG & Oil is highly combustible hence a small RPG or rocket Propel Grenade CAN blow these super tankers out.
  7. Snipe at shorter range along the side of the Straits (not sure if it may destroy the tankers)
  8. Grenade Launchers
  9. Attack Helicopters
  10. Release chemical/biological/nuclear materials all over the area.
Of course for the United States and “allies” to work against IRAN may be more and more difficult as IRAN, Russia and others control much of the fossil fuels.
Clear display of power comes when Russian switched off natural gas to Ukraine & EU nations currently still under negotiation on the 2nd days.
Israel attacking on Gaza also brings the possible crisis forward tremendously and without proper preparation for disruption…it’s as good as being walking dead….yes ZOMBIES.
Imagine millions of truckers in India started to strike now and they don’t deliever food, products and necessities to the stalls & supermarkets will means a clean sweep zero food in 2 weeks!!
Those who had not previously prepared for this will find themselves shitting in their pants…before you know you the government will ration OIL, WATER, ELECTRICITY, FOOD and chaos will erupt all over the country especially the city area.
Do you mention zombies? Yes, human will eat humans in the city area as human meat is as good the next chicken meat on the shelf….or the empty shelf.
Do you want your neighbors to shoot you and cook you for dinner? DO YOUR MIGRATION to alternative FUEL now!
Do WHATEVER IT TAKES…to remove yourself from OIL.
Recycle, Reuse, Reduce, Innovate, Farm, migrate…whatever.
The most dangerous place might be safe but that depends on your skills, knowledge for survival and determination.
Mass economic refugees had already started to spread across the globes from China, India, Germany, Iceland, Japan, Ukraine and most possibly USA to move out of their own country and try to survive overseas.
The 2nd wave of refugees wanted to avoid conflicts like civil war & global energy war and that will be streaming lines of urban beggers and many will beg for water & food from farm lands that are not suitable for harvest.
What will a farmer do facing a hoard of hungry, weak, zero skills on farming bunch of urban folks?
The farmer will either protect his property and shoot all trespassers or recruit them as slaves but when the farm get crowded…they will be his “protection” defense private army.
If the crowd got one IDIOT FOOLS either gone crazy or what…killed the farmer…the whole hoard will DIE trying to farm themselves without knowledge or skills.
They might kill each other for human meat until the numbers grow smaller in smaller groups and it will end….with starvation…diseases ridden and slowly die off due to lacking of basic jungle survival skills.
If YOU had move on with alternative energy source for all the truckers in the world, alternative source for all ELECTRICITY production, move off all dependence on fossil fuels….this apocalyptic scenario WILL NEVER HAPPEN.
Self Sufficient Towns, Cities and villages is the answers, not plundering or looting….move towards sustainability development and GROW YOUR OWN FOOD, power your own home and be PRODUCTIVE to the community.
Money won’t be that valuable in the future as no money can buy you food/water/electricity or peace in the chaotic world of shortages.
Move on to alternative fuel now and RESEARCH on sustainability and ACT ON IT.
Nobody is going to save you if you cannot save yourself.
This blog is specifically trying to WARN you and the public to take actions and be prepared.

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Israel War Might Widening To Lebanon!! Rockets Fired From Hezbollah Controlled Lebanon!

The war between Israel and Gaza may spill over to Lebanon up north of Israel!

2nd Front may be opening from the North of Israel as Hezbollah fired 5 rockets from Lebanon in to northern Israel and Israel did return fire against the Hezbollah.

Israel issued a warning against Hezbollah from firing rockets into Israel.

Read the articles from Fox News & Bloomberg for more HORROR.

- This means Israel might start the 2nd war front one on the bottom left at GAZA & northern Israel with Lebanon.

More Muslim Nations are gathering more support against the Israel – Gaza War…Malaysia had started their nationwide boycott of Western products by their Muslim eateries.

Now that Lebanon trying to join in the fight surrounding Israel this could be one of the turning point where the world war might start if Israel got invaded…..or bombed into smithereens or Israel start to activate their nuclear weapons.

This is more and more horrifying as the days goes, Israel still holds their right to attack Gaza where the Hamas hide many of their weapons caches in civilian buildings.

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The Horror Starts Now….Probably Worsen by Week End!

Today’s news is electrifying or horrifying…whichever way you put it…it’s very scary Tuesday indeed!.

Let’s start with Russian Natural Gas Cuts to Ukraine and now shutting down natural gas to some European Countries!!

At least two Bulgarian cities were totally without gas, and nations like Turkey were turning to Iran to bolster their supplies.

Bulgaria, Greece, Macedonia, Romania, Croatia and Turkey all reported a halt in gas shipments. Croatia said it was temporarily reducing supplies to industrial customers and urged consumers to use gas sparingly in their homes. Bulgaria said it had enough gas for only “for a few days.”

This started with a price dispute between Russia and Ukraine where Ukraine had owned huge debts to Russia on a higher price for Natural Gas!

Russia then do what they had threaten to do and cut the natural gas supplies to Ukraine totally, however the many European countries get 80% of natural gas from Russia through Ukraine pipelines.

That means at least six European countries will face the most severe gas shortage during this freezing winter!!

Turkey had to turn towards Iran for gas and probably had formed an “alliance” with IRAN and in fact Turkey had bombed northern Iraq PKK Kurdish Rebels together with Iranian artillery just yesterday (5th January 2009)!!

This may means TURKEY had probably requested a coordinated attack at PKK Kurdish Rebel WITH IRAN instead of USA!!!

Had Turkey formed a new ALLIANCE with IRAN? Now TURKEY depends on IRAN for Natural Gas due to the Russian – Ukraine Gas Price Dispute…So Turkey have every reason to ally with IRAN for Resource Security in this winter times…

Update: Russia had halted 70% of Natural Gas to France…but France “ok” as France have Nuclear Power Station for electricity.

I speculate that Turkey basically got all worked up due to Israel invasion into GAZA and pretty pissed with American constant support for Israel and this coordinated strike with IRAN may be the starting of a bigger alliance between Turkey and Iran!!

Will the rest of the Muslim Nations including Iran, Turkey, Iraq, Malaysia, Indonesia, South Africa, Egypt, Syria and other Muslim Nations (Saudi?) form NEW military alliance against Israel and their supporters?

If this happens then the middle east may erupt into a huge firestorm ahead in 2009 and the strategic positioning of U.S. Military bases at Turkey, Saudi, Georgia and other locations surrounding Iran may suddenly turn against U.S.!!!

There is a weird Internet disruption to Middle East previously since 19 December 2008 due to “Damaged Cables” under the sea just a week before Israel begin their military operation at Gaza at 27 December 2008!? Coincidence?

Up to 70% of communications to the Middle East have been disrupted then and it may take up to 3 months to repair their Internet connection…which may means a surge in anti-Israel activities after the Internet got repaired.

Now it’s just about 30% of the Middle East get to know the exact details of the war by both their own Islamic News Websites and other news including this blog!

Problems:

  1. Economic problems with millions laid off people in the world
  2. People turn desperate and angry with ANYTHING
  3. Internet return back online….learn about Israel attacking Gaza with more details.
  4. Major Protest in the whole Middle East may erupt!
  5. Major OPEC oil producing countries cut more oil supplies
  6. World suffer oil shortages and become living hell in a short period of time.

Solutions:

  1. Israel to cease attacking Gaza BEFORE the Internet cable is repaired?
  2. Israel to RESCUE civilians out of GAZA into Egypt and provide humanitarian aid to the people staying in Gaza.
  3. Immediate Cease fire NOW.

Now that Ukraine and many European countries are already suffering in the freezing winter caused by Russia and they may suddenly becomes “ally” of Iran.

We might have sudden escalation of conflict between the European countries with Russia or sudden “COOPERATION” with Iran.

Either way it’s going to be a explosive week and we shall see if the above scenarios to materialize or just part of my horrifying “prophetic” imagination!

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Oil above $47 on Gaza, Russia gas row

According to Reuters:

LONDON (Reuters) – Oil jumped to a three week high on Monday after an Iranian military commander called for an oil boycott over Israel’s offensive in the Gaza Strip, and as the Russian gas export row stoked fears for European energy supplies.

An OPEC source told Reuters that the Iranian call would not sway other members of the Organization of the Petroleum Exporting Countries.

Read the full article at Reuters:

- So, the Iranian military commanders actually acting what I had feared to rally support for Oil Supply Embargo against Israel supporters…but the rest of the OPEC nations won’t sway due to “political” or “economical” reasons….possibly social problems also.

These may be the start of the media propaganda spreading that any oil disruption is not the fault of OPEC and cannot hold accountable to any supply disruption due to “WAR” reasons but sticking to the gun on price of oil being too low and use it as an excuse to cut oil supply.

So regardless of what Iran Military Commanders are spewing out “threats” against Israel’s backers using the OIL Weapons…does that mean they may also cut oil supply themselves and destroy a major contributor of their own economy?

Israel may soon find legitimate “Hamas” guy to “surrender” all information on the source of rockets and other caches of weapons….and once the evidence has been established and the finger may point towards their long suspected enemy but with rock solid evidence…they can act swiftly…

If the weapon caches ever found to be contaminated with any chemical, biological or nuclear…..I can assure you Israel will strike immediately…as the rockets currently had extended range to reach deeper into Israel.

What will Israel do next? Heard from bloomberg that Israel literary cut Gaza into half now and moving on to “surround” Gaza but not yet enter the most populated zones.

Gaza had since lost their supply of food, water and electricity to most of their buildings and face uncertain future surrounded by Israel attack using tanks, soldiers and helicopters.

I should rename Gaza as “hell on earth”.

Well, according to the western media…Hamas have to blame themselves for the relentless rocket fire into Israel causing much fear and anxiety to the civilians of Israel for a very long long time.

This I must admit that it might be true…

However, if the Hamas are really controlled by another country under heavy “incentives” to attack Israel using “free” weapons and rockets…Hamas may not have much of a choice but continue their rocket attack.

Probably this major war may once again deepen the global divide among the Muslim Nations & the Western Nations….and add more misunderstanding among them.

Now the media war is firing up their usual propaganda news and covering up this severity of this conflict to hopefully reduce the tensions among the Muslim nations of the world…but the Islamic news agencies are FULL Force on their victim story out 100% with every updates of babies that got killed by Israeli attack…and etc.

The ultimate loser will soon be the civilians of the WORLD as Iran now on the verge of trying to sway the rest of the OPEC nations to cut supplies to Israel supporters….which may cause a even greater conflict in the world.

However slim the chances are…do get prepared to have oil supply disruption…that does not means not driving for a week…but zero food truckers, zero medicine deliveries, electricity rationing, water supply may get disrupted if electricity get cut off for countries that relies solely on fossil fuels, natural gas to be super expensive or cut off due to more demand….basic supplies to big cities may cease.

That means…no water, no food, no electricity, no jobs, no law & order….chaos.

However slim the chance may be…..just be prepared.

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Special OPEC meeting in February: Iran (RED ALERT)

According to Zawya.Com:

TEHRAN, Jan 05, 2009 (AFP) – Iran’s OPEC representative Mohammad Ali Khatibi said on Monday that the organisation would hold an extraordinary meeting in Kuwait in February, state television website reported. “The extraordinary meeting of the Organisation of Petroleum Exporting Countries of the Petroleum Exporting Countries OPEC is due to be held next month in Kuwait,” Khatibi was quoted as saying.

Read the full article at Zawya.Com:

- This explosive news on an emergency meeting on February 2009 ahead of the scheduled 15 March 09 (Ordinary) Meeting is not stated in OPEC website.

This can either be a Iran’s Propaganda effort to the rest of the world that even Yahoo!News is not associating with this news directly.

However, if this news is true…this could be the possibility the most explosive news ever! This can be the holy grail that the reporter journalist may wants but wish not to touch due to the sensitivity of the effects on the price of oil if leaked.

This meeting according to the article is to “study” the oil price and make proper recommendation “to the oil supply”.

This in light of Israel ground Incursion into Gaza recently killing over 300 people in it’s on going air strikes.

The rational retaliation from one of Palestinian’s close allies such as Iran (OPEC Member) to use the OIL WEAPON against Israel & Israel’s supporters!

In my little brain of imagination, the incursion into GAZA by Israel may allow Israel to find the “SOURCE” of those rockets that Hamas had been firing into Israel every day.

These rockets had increased their range to reach more “sensitive” locations inside Israel which may include more important “targets”.

In order to increase their range of the rockets means a support from third party countries such as the suspected IRAN or Russia or others.

If Israel found “hard evidence” of rockets from Iran, will Israel launch a preemptive attack on Iran based on that red hot “evidence” or at least extend the military war to Iran…

But all these can be just my little imagination at play but the possibility of widening war caused by global Muslim “volunteers” to fight Israel all over the world in form of either in huge protest or terror attacks on Israel’s interest globally including Jewish properties and etc.

The worst case scenario is OPEC to start the “REAL OIL CRISIS” this coming February by having oil embargo at Israel & Israel’s supporters!!!

Let’s PRAY it will not happen as this might have huge implication on the global scale!

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Some Nice Videos For All to See What’s Coming!

I chanced upon some videos on Youtube and realize something more of a conspiracy or fact that the USD may have some “problems” in the very near future.

http://www.youtube.com/watch?v=huRD886GY8A&feature=related

http://www.youtube.com/watch?v=jj2oC64NSIA
http://www.youtube.com/watch?v=SkfzRR1Zzj8
http://www.youtube.com/watch?v=tHvMzVgziNA

Spread the word….USD is in danger now probably becoming worthless in months.

Get ready for the ride to change!!!

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