Brad Blankenship — How private corporations will benefit from Kurdish independence

You probably want to take the time to read this.

Rex Tillerson and Exxon up to the neck in it.

Al-Masdar News
How private corporations will benefit from Kurdish independence
Brad Blankenship

Oil Price — Exxon Has Lost Over $1 Billion From Russian Sanctions

"Collateral damage."

Oil Price
Exxon Has Lost Over $1 Billion From Russian Sanctions
Irina Slav, writer for the U.S.-based Divergente LLC consulting firm with over a decade of experience writing on the oil and gas industry

Zero Hedge — Former BP CEO Warns "Sanctions Will Bite West" As US Gives Majors 14 Days To Wind Down Russian Activities

And … when it comes to the core covenant of capitalism, namely the sanctity of contracts from government intervention, Reuters cites a US official who said that "there is no contract sanctity."

Zero Hedge
Former BP CEO Warns "Sanctions Will Bite West" As US Gives Majors 14 Days To Wind Down Russian Activities

Tyler Durden

Speaking of Fallacies of Scale ..... Did a Neoliberal Energy Grab Backfire?

   (Commentary posted by Roger Erickson)



You just can't make this stuff up fast enough to compete with reality. If it's good for Exxon-Mobile, it's good for the country? Someone please tell the NeoLiberals that Russia is not a banana republic whose consent they can manufacture. In fact, please tell the US electorate that NeoLiberalCons are not our friends.

Crimea: an EU-US-Exxon Screwup

"The EU started openly pushing Ukraine for a really raw, exploitative trade deal in March 2012. A month later, in April 2012, Putin signed up with ENI-Italy to explore Russian Black Sea oil/gas. In August 2012 Exxon put up big bucks to outbid Russia’s Lukoil for exploring Ukrainian Black Sea oil/gas (a deal crucial to Exxon’s breaking of Russia’s stranglehold on gas supplies for Europe). Over the next year, Yanukovych (no doubt convinced by massive contributions to his Bahamian bank accounts) pushed the Ukrainian parliament to pass all the laws required to meet the EU/IMF’s draconian austerity requirements. (see Michael Hudson’s “New Cold War Ukraine Gambit” for an explanation of neoliberal looting economics.) When it looked like he might succeed, Putin quickly imposed the gas/trade embargo on Ukraine in August 2013, starting a precipitous drop in the Ukrainian economy–and Yanukovych started backing away from the EU deal. 

That’s when the EU-US-EXXON made their monumentally stupid move of unleashing the coup against Yanukovych, beginning with the November 2013 Maidan protests leading to the neo-fascist incited riots that ended in the coup of 27 February 2014. The US-EU inspired coup, of course, gave Putin the perfect opening to welcome the grateful Crimeans back into the Russian fold–thereby swelling Putin’s domestic approval ratings enough to keep him in power for the next ten years. (For a good analysis of how Putin may view the world, see Mark Ames’ analysis of how he is exploiting the politics of resentment in Russia, Nixon-style.) And, perhaps not coincidentally, welcoming the grateful Crimeans also happened to more than double Putin’s Black Sea oil/gas holdings, while ruining Exxon’s chances for breaking his stranglehold on European gas supplies. 

Putin certainly isn’t the greatest European strategist since Bismarck. But it doesn’t take much to win when opposed by dumb, ultra-greedy opponents guided by the arrogance of ignorance. All Putin needed was seeing one tiny move further ahead.

This is no joke. Why do the NeoLiberalCons keep beating our aggregate heads against a wall?  Do they really think we'll appreciate them when we finally make them stop?

Greg Palast — Did Chavez’ Pick Steal the Election in Venezuela?

US engineered Venezuelan coup in the works? Lots more in Palast's account than Venezuela.

Greg Palast Journalism and Film
Did Chavez’ Pick Steal 
the Election in Venezuela?

Greg Palast | Investigative Reporter

Exxon Threatens to Arrest Reporters for Entering Arkansas Oil Spill Site

ExxonMobil is sure doing its best to prevent journalists from covering the recent oil spill from its Pegasus pipeline in Mayflower, Arkansas. Some reporters say the oil giant has even threatened to have them arrested for merely entering the spill site.

Unfortunately for reporters, a pliant county sheriff’s office has shown its all too willing to help Exxon out.

Michael Hibblen, the news director for NPR affiliate KUAR, recounted what happened to him and other media personnel when they attempted to visit the spill site with Arkansas Attorney General Dustin McDaniel on Wednesday to Mother Jones...

Song reported earlier in the week that it was Exxon—not the federal government—that was essentially controlling the spill site, even as the White House said the EPA was was the federal on-scene coordinator.

Truthdig
Exxon Threatens to Arrest Reporters for Entering Arkansas Oil Spill Site