WUC NEWS: oil

Israel is the Main Purchaser of ISIS Oil

TheWake UpCall 0 Israel, oil, Syria 12:19 AM

Israel is the Main Purchaser of ISIS Oil

Multiple reports claim that Israel is the top purchaser of smuggled ISIS oil ISIS oil is transported to Israel via Turkey, according to re...

Time to Resign? Evidence Mounts of Erdogan's Involvement in Oil Smuggling

TheWake UpCall 0 Erdogan, oil, Putin 1:37 AM

<span style="background-color: white; font-family: 'Open Sans', sans-serif; font-size: 13px; line-height: 16.003px;">Recep Erdogan is an international outlaw, US author Stephen Lendman deems, referring to the Turkish president's alleged involvement in Daesh's illicit oil smuggling, refining and sales on the black market.</span><br>
<span style="background-color: white; font-family: 'Open Sans', sans-serif; font-size: 13px; line-height: 16.003px;"><br></span>
<span style="background-color: white; font-family: 'Open Sans', sans-serif; font-size: 13px; line-height: 16.003px;">There is no trace of doubt in Ankara's full involvement and knowledge of the ongoing illicit trade between Turkey and Daesh (IS/ISIL), US author and syndicated columnist Stephen Lendman stresses.</span><br>
<div style="border: 0px; font-family: 'Open Sans', sans-serif; font-size: 13px; font-stretch: inherit; line-height: 16.003px; padding: 0px; vertical-align: baseline;">
</div>
<div style="border: 0px; font-family: 'Open Sans', sans-serif; font-size: 13px; font-stretch: inherit; line-height: 16.003px; padding: 0px; vertical-align: baseline;">
In his piece for Global Research, Lendman quotes Bashar al-Assad's Foreign Minister Walid al-Muallem, who stated: "Turkey continues to maintain export and transportation of oil stolen in Iraq and Syria by ISIL [IS/Daesh] militants. Then, the oil is transported to ports abroad."</div>
<div style="border: 0px; font-family: 'Open Sans', sans-serif; font-size: 13px; font-stretch: inherit; line-height: 16.003px; padding: 0px; vertical-align: baseline;">
<img alt="Turkey's President Tayyip Erdogan" height="216" src="http://cdn2.img.sputniknews.com/images/103085/11/1030851143.jpg" width="400"></div>

Time to Resign? Evidence Mounts of Erdogan's Involvement in Oil Smuggling

Recep Erdogan is an international outlaw, US author Stephen Lendman deems, referring to the Turkish president's alleged involvement in D...

Turkey’s Erdogan Owes Syria $100Bn For Stolen Oil: Turkey & Israel Owes Iraq $1.5 Trillion For Stolen Kirkuk Oil

TheWake UpCall 0 Israel, oil, Syria, Turkey 1:10 AM

<div style="border: 0px; font-stretch: normal; line-height: 22px; margin-bottom: 12px; margin-top: 12px; outline: 0px; padding: 0px; vertical-align: baseline;">
<span style="background-color: white;"><span style="font-family: Arial, Helvetica, sans-serif;">Over the last two weeks, Russia has been destroying the “living pipeline” that has allowed Turkey to steal tens of millions of barrels of Syrian crude oil, much of it at peak market prices, while only paying their ISIS allies a pittance.</span></span></div>
<div style="border: 0px; font-stretch: normal; line-height: 22px; margin-bottom: 12px; margin-top: 12px; outline: 0px; padding: 0px; vertical-align: baseline;">
<span style="background-color: white;"><span style="font-family: Arial, Helvetica, sans-serif;">This process isn’t new. Turkey did this all during the Bush era, having cut a deal with US “manager” Paul Bremmer, a deal VT insiders helped manage for Bremmer and that I was witness to personally.</span></span></div>
<div style="border: 0px; font-stretch: normal; line-height: 22px; margin-bottom: 12px; margin-top: 12px; outline: 0px; padding: 0px; vertical-align: baseline;">
<img alt="Erbil Turkey Ceyhan Israel Oil 4" src="https://rasica.files.wordpress.com/2015/11/erbil-turkey-ceyhan-israel-oil-4.jpg?w=752&h=598"></div>

Turkey’s Erdogan Owes Syria $100Bn For Stolen Oil: Turkey & Israel Owes Iraq $1.5 Trillion For Stolen Kirkuk Oil

Over the last two weeks, Russia has been destroying the “living pipeline” that has allowed Turkey to steal tens of millions of barrels of S...

Petrodollar Under Threat As Russia And Iran Sign Historic 500,000 Barrel A Day Oil Deal

milevski 0 Dollar, Iran, Money, oil, Russia 9:02 PM

<div dir="ltr" style="text-align: left;" trbidi="on">
<div dir="ltr" style="line-height: 1.3125; margin-bottom: 21pt; margin-top: 0pt;">
<span style="background-color: white; font-family: Arial, Helvetica, sans-serif;"><span style="vertical-align: baseline; white-space: pre-wrap;">Russia signed a historic $20 billion oil deal with Iran to bypass both western sanctions and the dollar based western monetary system yesterday. </span><span style="vertical-align: baseline; white-space: pre-wrap;"><br class="kix-line-break"></span><span style="vertical-align: baseline; white-space: pre-wrap;"><br class="kix-line-break"></span><span style="vertical-align: baseline; white-space: pre-wrap;"><img alt="Putin Russia Gold Bar.png" height="469px;" src="https://lh3.googleusercontent.com/eYTcOoniiFIp6T-b9AJ27MnX48W6dGM39Ol46hFEJBOhNQKgd2SYYpERFqD4py_6Y3q37TXqFuqrggZlaP5uxfqluMPKXHOg683VrVDcNJuFHC7-IGYxLm1KzfwqzjuHow" style="border: none; height: auto; max-width: 100%; transform: rotate(0rad);" width="624px;"></span><span style="font-style: italic; font-weight: bold; vertical-align: baseline; white-space: pre-wrap;">President Putin Admire Gold Bar (London Gold Delivery Bar)</span></span></div>
</div>

Petrodollar Under Threat As Russia And Iran Sign Historic 500,000 Barrel A Day Oil Deal

Russia signed a historic $20 billion oil deal with Iran to bypass both western sanctions and the dollar based western monetary system yest...

The conspiracy theorists are right. Research shows nations really do go to war over oil

TheWake UpCall 0 Conspiracy, oil, War 5:20 PM

<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="line-height: 1.8em; margin-bottom: 24px;">
<span style="background-color: white; font-family: Arial, Helvetica, sans-serif;">The “thirst for oil” is often put forward as a near self-evident explanation behind military interventions in Libya, for instance, or Sudan. Oil, or the lack of oil, is also said to be behind the absence of intervention in Syria now and in Rwanda in 1994.</span></div>
<div style="line-height: 1.8em; margin-bottom: 24px;">
<span style="background-color: white; font-family: Arial, Helvetica, sans-serif;">This of course clashes with the rhetoric around intervention, or its stated goal. No world leader stands before the U.N. and says they’re sending in the tanks because their country needs more oil. Such interventions are usually portrayed as serving directly non-economic goals such as preserving security, supporting democratic values, or more generally promoting human rights.</span></div>
<div style="line-height: 1.8em; margin-bottom: 24px;">
<img src="http://priceofoil.org/content/uploads/2007/03/war_pumps_textless_n_big.jpg"></div>
</div>

The conspiracy theorists are right. Research shows nations really do go to war over oil

The “thirst for oil” is often put forward as a near self-evident explanation behind military interventions in Libya, for instance, or Suda...

Oil Collapse: “This Could Cause The Most Destructive Economic Situation Since the Great Depression”

TheWake UpCall 0 Collapse, Economy, oil 4:50 PM

<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border: 0px; line-height: 24px; margin-bottom: 24px; padding: 0px; vertical-align: baseline;">
<span style="background-color: white; font-family: Arial, Helvetica, sans-serif;">With <a href="http://www.dcclothesline.com/2015/01/06/oil-drops-50-world-financial-markets-begin-unravel/" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border-image-outset: initial; border-image-repeat: initial; border-image-slice: initial; border-image-source: initial; border-image-width: initial; border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;" target="_blank" title="Oil Drops Below $50 As World Financial Markets Begin To Unravel">the price of oil</a> hovering around $44 and U.S. oil inventories at record highs the general consensus is that the economy will soon see a boost in consumer spending as Americans will take their gas savings and spend it at <a href="http://www.dcclothesline.com/2015/01/14/us-retail-industry-collapsing-heres-youre-trouble/" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border-image-outset: initial; border-image-repeat: initial; border-image-slice: initial; border-image-source: initial; border-image-width: initial; border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;" target="_blank" title="The US Retail Industry is Collapsing: Here’s Why You’re in Trouble">retail stores</a>.<span id="more-43857" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border-image-outset: initial; border-image-repeat: initial; border-image-slice: initial; border-image-source: initial; border-image-width: initial; border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;"></span></span></div>
<div style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border: 0px; line-height: 24px; margin-bottom: 24px; padding: 0px; vertical-align: baseline;">
<span style="background-color: white; font-family: Arial, Helvetica, sans-serif;">But there’s a lot more going on with oil on a geo-political scale than can be pumped into a 30-second propaganda soundbite from financial pundits and talking heads. While <a href="http://www.dcclothesline.com/2014/12/09/anyone-believes-collapsing-oil-prices-good-economy-crazy/" style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border: 0px; margin: 0px; padding: 0px; vertical-align: baseline;" target="_blank" title="Anyone That Believes That Collapsing Oil Prices Are Good For The Economy Is Crazy">lower prices may seem like a boon</a> for the American economy, what’s been missing from mainstream assessments are the fundamental data points that show just how serious a problem we may be facing.</span></div>
<div style="background-attachment: initial; background-clip: initial; background-image: initial; background-origin: initial; background-position: initial; background-repeat: initial; background-size: initial; border: 0px; line-height: 24px; margin-bottom: 24px; padding: 0px; vertical-align: baseline;">
<img alt="oil-sinking" src="http://shtfplan.com/wp-content/uploads/2015/01/oil-sinking.jpg"></div>
</div>

Oil Collapse: “This Could Cause The Most Destructive Economic Situation Since the Great Depression”

With the price of oil hovering around $44 and U.S. oil inventories at record highs the general consensus is that the economy will soon s...

Anyone That Believes That Collapsing Oil Prices Are Good For The Economy Is Crazy

TheWake UpCall 2 Economic Collapse, oil 4:41 PM

<div dir="ltr" style="text-align: left;" trbidi="on">
<div style="margin-bottom: 1em; margin-top: 1em; padding: 0px;">
<span style="background-color: white; font-family: Arial, Helvetica, sans-serif;">Are much lower oil prices good news for the U.S. economy?  Only if you like collapsing capital expenditures, rising unemployment and a potential financial implosion on Wall Street.  Yes, lower gasoline prices are good news for the middle class.  I certainly would rather pay two dollars for a gallon of gas than four dollars.  But in order to have money to fill up your vehicle you have got to have an income first.  And since the last recession, the energy sector has been the number one creator of good jobs in the U.S. economy by far.  Barack Obama loves to stand up and take credit for the fact that the employment picture in this country has been improving slightly, but without the energy industry boom, unemployment would be through the roof.  And now that the “energy boom” is rapidly becoming an “energy bust”, what will happen to the struggling U.S. economy as we head into 2015?</span></div>
<div style="margin-bottom: 1em; margin-top: 1em; padding: 0px;">
<img src="http://cdn.static-economist.com/sites/default/files/images/print-edition/20141018_FNP001_2.jpg"></div>
</div>

Anyone That Believes That Collapsing Oil Prices Are Good For The Economy Is Crazy

Are much lower oil prices good news for the U.S. economy? Only if you like collapsing capital expenditures, rising unemployment and a pot...

Guess What Happened The Last Time The Price Of Oil Crashed Like This?

TheWake UpCall 4 Economic Collapse, oil 4:53 PM

<div dir="ltr" style="text-align: left;" trbidi="on">
<span style="background-color: white; font-family: Arial, Helvetica, sans-serif;">There has only been one other time in history when the price of oil has crashed by more than 40 dollars in less than 6 months. </span><div>
<span style="background-color: white; font-family: Arial, Helvetica, sans-serif;"><br></span></div>
<div>
<span style="background-color: white; font-family: Arial, Helvetica, sans-serif;">The last time this happened was during the second half of 2008, and the beginning of that oil price crash preceded the great financial collapse that happened later that year by several months. </span></div>

Guess What Happened The Last Time The Price Of Oil Crashed Like This?

There has only been one other time in history when the price of oil has crashed by more than 40 dollars in less than 6 months. The last...

Russia Delivers Blow To Petrodollar In Historic $20 Billion Iran Oil Deal

TheWake UpCall 0 Iran, oil, Petrodollar, Ru ssia 3:15 PM

<div dir="ltr" style="text-align: left;" trbidi="on">
<span style="background-color: white; line-height: 17.399999618530273px;"><span style="font-family: Arial, Helvetica, sans-serif;"> Russia signed a historic $20 billion oil deal with Iran to bypass both western sanctions and the dollar based western monetary system yesterday.</span></span><br>
<div style="line-height: 17.399999618530273px; margin-bottom: 10px; padding: 0px;">
<span style="background-color: white; font-family: Arial, Helvetica, sans-serif;"><a href="http://info.goldcore.com/currency_wars_bye_bye_petro_dollar_buy_buy_gold_goldcore_insight_february_2013-0-0" style="margin: 0px; padding: 0px; text-decoration: none;">Currency wars</a> are set to escalate as the petro dollar’s decline continues.</span></div>
<div style="line-height: 17.399999618530273px; margin-bottom: 10px; padding: 0px;">
<span style="background-color: white; font-family: Arial, Helvetica, sans-serif;">Russian Energy Minister Alexander Novak and his Iranian counterpart Bijan Zanganeh signed a five-year memorandum of understanding in Moscow, which included cooperation in the oil sector.</span></div>
<div style="line-height: 17.399999618530273px; margin-bottom: 10px; padding: 0px;">
<span style="background-color: white; font-family: Arial, Helvetica, sans-serif;"><img alt="Putin Russia Gold Bar.png" height="481" src="https://lh3.googleusercontent.com/eYTcOoniiFIp6T-b9AJ27MnX48W6dGM39Ol46hFEJBOhNQKgd2SYYpERFqD4py_6Y3q37TXqFuqrggZlaP5uxfqluMPKXHOg683VrVDcNJuFHC7-IGYxLm1KzfwqzjuHow" width="640"></span></div>
</div>

Russia Delivers Blow To Petrodollar In Historic $20 Billion Iran Oil Deal