Wednesday, September 30, 2020

BIDEN FACES RENEWED SCRUTINY OVER SON’S RELATIONSHIP TO UKRAINIAN GAS COMPANY

by Nick Givas, The Daily Caller:

  • Hunter Biden was appointed to the board of directors of a Ukranian company as part of an effort to recruit well-connected Americans while the company was under investigation, according to The New York Times.
  • Then-Vice President Joe Biden played a role in pressuring Ukraine to oust the country’s top prosector, Viktor Shokin, who was investigating the company, Burisma.
  • Shokin’s successor initially ended the investigation into Burisma, but decided in March 2019 to reopen it.

A Ukrainian gas company gave a seat on its board to the son of former Vice President Joe Biden in an attempt to secure relationships with Democrats while it was under multiple investigations, according to a recent New York Times report.

THE SHALE OIL PONZI SCHEME EXPLAINED: How Lousy Shale Economics Will Pull Down The U.S. Economy

by Steve St. Angelo, SRSRocco Report:

Few Americans realize that the U.S. economy is being propped up by the Shale Oil Industry. However, the shale oil industry is nothing more than a Ponzi Scheme, so when it collapses, it will take down the U.S. economy with it. Unfortunately, the reason few Americans understand how lousy the economics are in producing shale oil and gas is due to the misinformation and propaganda being put out by the industry and energy analysts.

I am quite surprised how bank analysts and brokerage firms can continue to fund the shale oil and gas or advise clients to purchase stock when the industry is behaving just like the Bernie Madoff Ponzi Scheme. The only big difference is that the U.S. Shale Industry is a Ponzi at least four times greater than Madoff’s $65 billion fiasco.

Media Silent as Israel Exposed for Aiding Saudi Arabia in Developing Nuclear Weapons

by Jay Syrmopoulos, The Free Thought Project:

A senior Israeli official at iHLS has come forward with information showing how the government of Israel is aiding the terrorist state of Saudi Arabia in the construction of nuclear weapons.

Riyadh, Saudi Arabia – The Saudi Arabian government has been covertly receiving information on the creation of nuclear weapons from the government of Israel according to Ami Dor-on, a senior Israeli official at iHLS (Israel’s Homeland Security).

iHLS bills itself as the “leading hub for the homeland security ecosystem globally and in Israel” — and is partially funded by U.S. weapons manufacturer Raytheon, according to a report by MintPress News.

What HBO Got Wrong: Chernobyl General Gives Hit TV Show a Reality Check

from Russia Insider:

No one told rookie troops to shoot cows in Chernobyl and the miners there never worked naked, Major General Nikolai Tarakanov, who headed the real ‘liquidators’ in 1986, has told RT’s documentary channel.

Tarakanov praised other aspects of the show, adding that the actor who played him in the HBO hit did a “great job.”

Backup Power on a Budget: Notes from South Africa

by Daisy Luther, The Organic Prepper:

Editor’s note: By now, just about everyone has heard about the difficulties occurring in South Africa. The violence is palpable, the corruption is an everyday fact, and utilities such as water and electricity are no longer a given. Not only that, but the cost of these utilities has become prohibitive, so conservation is a necessity. Backup power, such as solar or generators, have become a necessity for many families.

In this article, a regular reader from South Africa shares some of the tips for starting out with generators and backup power that have made it easier to deal with the continuous rolling blackouts and outrageous prices for electricity.  ~ Daisy

The End Of The Climate Change Hoax Is Coming: The ‘Green New Deal’ Is Another Step Towards Totalitarianism That Will End Up On The Trash Heap Of History

by John C. Velisek, All News Pipeline:

– Yet The ‘Crazy Mazies’ Ignore The Facts To Blindly Push The Globalists Agenda

The “elite” that are in positions of power in our country have decided to make a final push on climate change before being debunked in the future. The man-hater from Hawaii, Mazie Hirono, stated in the past week that the Green New Deal is recognition that climate change is happening and that we should not stick our heads in the sand. She has described President Trump and his minions as knowing zero about the subject and that they deny the “science” behind climate change.

The Looming Energy Shock

by Chris Martenson, Peak Prosperity:
There will be an extremely painful oil supply shortfall sometime between 2018 and 2020. It will be highly disruptive to our over-leveraged global financial system, given how saddled it is with record debts and unfunded IOUs.

Due to a massive reduction in capital spending in the global oil business over 2014-2016 and continuing into 2017, the world will soon find less oil coming out of the ground beginning somewhere between 2018-2020.

Because oil is the lifeblood of today’s economy, if there’s less oil to go around, price shocks are inevitable. It’s very likely we’ll see prices climb back over $100 per barrel. Possibly well over.

The only way to avoid such a supply driven price-shock is if the world economy collapses first, dragging demand downwards.

Not exactly a great “solution” to hope for.

THE ENERGY CLIFF APPROACHES: World Oil & Gas Discoveries Continue To Decline

by Steve St. Angelo, SRSRocco Report:

As the world continues to burn energy like there is no tomorrow, global oil and gas discoveries fell to another low in 2017.  And to make matters worse, world oil investment has dropped 45% from its peak in 2014.  If the world oil industry doesn’t increase its capital expenditures significantly, we are going to hit the Energy Cliff much sooner than later.

According to Rystad Energy, total global conventional oil and gas discoveries fell to a low of 6.7 billion barrels of oil equivalent (Boe).  To arrive at a Boe, Rystad Energy converts natural gas to a barrel of oil equivalent.  In 2012, the world discovered 30 billion Boe of oil and gas versus the 6.7 billion Boe last year:

In Unprecedented Move, China Plans To Pay For Oil Imports With Yuan Instead Of Dollars

from ZeroHedge:

Just days after Beijing officially launched Yuan-denominated crude oil futures (with a bang, as shown in the chart below, surpassing Brent trading volume) which are expected to quickly become the third global price benchmark along Brent and WTI, China took the next major step in the challenging the Dollar’s supremacy as global reserve currency (and internationalizing the Yuan) when on Thursday Reuters reported that China took the first steps to paying for crude oil imports in its own currency instead of the US Dollars.

The Absurd Myth That Solar & Wind Power Will Solve Our Energy Predicament

by Steve St. Angelo, SRSRocco Report:

As the U.S. and global oil industry continues to disintegrate under the weight increased debt and the Falling EROI – Energy Returned On Investment, analysts are still suggesting that solar and wind power are the solution to our energy problems. While there are many good reasons solar and wind can’t provide us with the necessary energy needs in the future, the most import one is that it takes the burning of a massive amount of coal, natural gas, and oil to manufacture renewable energy sources.

Thus, solar and wind power are nothing more than fossil fuel derivatives. However, if you are an individual that does not believe in the fossil fuel terminology, then we can substitute it by saying solar, and wind power are nothing more than coal-natgas-oil derivatives. Either way, you get the point.