Saturday, July 2, 2022

U.S. ENERGY INDEPENDENCE?? Still Importing Nearly 8 Million Barrels Of Oil Per Day

by Steve St. Angelo, SRSRocco Report:

How is the U.S. is becoming “Energy Independent,” if we are still importing almost 8 million barrels per day of oil??  While the Mainstream media and the Whitehouse continue with the energy independent mantra, the U.S. is still highly reliant upon a great deal of foreign oil.  And, why would the U.S. import 8 million barrels of oil per day if its shale oil production has surged over the past decade?

Well, it’s quite simple.  The U.S. Shale Oil Industry is producing way too much light tight oil, with a high API Gravity, for our refineries that are designed for a lower grade.  So, as U.S. shale oil production exploded, the industry was forced to export a great deal more of this light oil overseas.

DOMINOES BEGIN TO FALL: BHP Chairman Says $20 Billion Shale Investment “MISTAKE”

by Steve St. Angelo, SRSRocco Report:
As the U.S. and Global Oil and Gas Industry continues to cannibalize itself to stay alive, the Shale Dominoes begin to fall as a BHP Chairman announced its shale investment was a MISTAKE. Yes, it’s true, BHP Chairman Jacques Nassar said his company’s $20 billion shale investment six years ago, in hindsight, was a mistake.

According to the article, A $20 billion mistake: BHP Billiton chairman laments huge deal in US shale:

Russian Government Takes Over Oil Assets in Venezuela to Protect Them from US Sanctions

from Russia Insider:

Now if Washington wants to keep this it will have to sanction Russia itself.

In the past weeks the Kremlin has shown it’s willing to punch back as well as take drastic necessary defensive action in the face of Washington sanctions at a moment America is preoccupied and made more vulnerable by the coronavirus threat — first by dumping OPEC+ and MbS, effectively declaring war on US shale — and now by taking aggressive measures to insulate Russia’s state-controlled Rosneft.

Elon Musk Just Exposed the Oil Oligarchy’s Control Over Mainstream Media In Epic Rant

by John Vibes, Activist Post:

Billionaire entrepreneur Elon Musk, the founder of Tesla, Space-X, and PayPal, recently posted a series of Tweets pointing out how media organizations have an obvious incentive to give bad press to electric cars and alternative energy in general.

Musk was unforgiving towards the mainstream media in his epic Twitter rant, calling them hypocrites and saying that the public no longer trusts them. He said that he doesn’t advertise for Tesla, his electric car company, which means that he contributes no money to the media, who depend on advertising dollars to stay in business.

On the other hand, the traditional auto industry and fossil fuel companies are among the world’s largest advertisers, meaning that they are one of the primary industries keeping the mainstream media in business. When it comes time to cover a story that involves these industries, journalists, and media organizations have an obvious bias and conflict of interest that will influence their coverage of the story even if they were not given explicit orders to create propaganda.

Japan Set To Release 1.2 Million Tons Of Radioactive Fukushima Water Into Ocean, Causing “Immeasurable Damage”

from ZeroHedge:

Just in case a global viral pandemic, whose sources are still unclear and apparently now include human feces, wasn’t enough, the global outrage meter is about to go “up to eleven” with Japan now set to flood the world’s oceans with radioactive water.

In a move that will surely prompt a furious response from Greta Thunberg’s ghost writers (unless of course it doesn’t fit a very narrow agenda), a panel of experts advising Japan’s government on a disposal method for the millions of tons of radioactive water from the destroyed Fukushima nuclear plant on Friday recommended releasing it into the ocean. And, as Reuters notes, based on past practice it is likely the government will accept the recommendation.

Now PG&E Plans to Cut Electricity to 5 MILLION California Residents to Prevent Wildfires

by Dagny Taggart, The Organic Prepper:

If you or any of your loved ones live in California, be prepared for power outages during the upcoming fire season. The state’s three largest energy companies have announced they will be turning off power during extreme weather or wildfire conditions.

Earlier this month, the energy companies announced their coordinated wildfire safety and awareness campaign, which was created to prepare state residents for the upcoming power outages. PG&E began the shut-off program last year but it only applied to around 570,000 customers. Now, 5.4 million will be impacted.

China Now Home to the World’s Largest Floating Solar Plant

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by Mike Barrett, Natural Society:
In the beginning of June 2017, workers brought a solar energy plant online capable of producing 40 megawatts of power. That’s cool all by itself, but this solar “farm” floats on a manmade lake in China’s Anhui province, and it is the largest floating solar project in the world. [1]

The massive power plant was built by Sungrow Power Supply, and can produce enough energy to power 15,000 homes. The exact size of the operation has not been revealed, but it produces twice as much energy as the previous holder of the largest-floating-solar-plant title, which was launched by Xinyi Solar in 2016.

China Builds World’s Largest Floating Solar Plant

from Hang The Bankers:
In the beginning of June 2017, workers brought a solar energy plant online capable of producing 40 megawatts of power.

That’s cool all by itself, but this solar “farm” floats on a manmade lake in China’s Anhui province, and it is the largest floating solar project in the world.

The massive power plant was built by Sungrow Power Supply, and can produce enough energy to power 15,000 homes. The exact size of the operation has not been revealed, but it produces twice as much energy as the previous holder of the largest-floating-solar-plant title, which was launched by Xinyi Solar in 2016.

BIDEN IS GUTTING THE U.S. ENERGY SUPPLY

Joe Biden and his administration is in the process of destroying multiple U.S. energy sectors and the energy independence of our nation which was achieved under President Donald J. Trump. This is horrible news, and we should do everything in our power to reverse it, but in lie of that, there is one energy sector which is poised to profit from Joe’s NWO “green dreams”. CEO Scott Melbye joins me to discuss.

BIOLOGICAL & ACOUSTIC DEPOP WEAPONS — DR. LEN HOROWITZ

Dr. Len Horowitz returns to SGT Report to discuss the Astroworld event where at least 8 people were killed in what many are describing as a ritual – or satanic sacrifice.

 

China Unveils World’s Cutest Solar Farm In The Shape Of A Panda

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by Amanda Froelich, True Activist:
Within 25 years, the Panda Power Plant will be able to offer 3.2 billion kilowatt-hours of green energy. This will save 1.056 million tons of coal and reduce carbon emissions by a whopping 2.74 million tons.

Did you know? Solar can be more than eco-friendly, it can also be cute! The Panda Power Plant in Datong, China, is evidence of this.

Shaped like a panda — China’s most beloved animal, the plant was installed by Panda Green Energy. In its first phase, the Panda Power Plant can generate 50 megawatts (MW) of clean energy. Only recently was the first phase of the giant solar station connected to the grid.

Nomi Prins: Central Bank Collusion; Pat Hemsworth: Crude Oil Update

by Erik Townsend, Macro Voices:

Erik Townsend and Patrick Ceresna welcome Nomi Prins to MacroVoices. Erik and Nomi discuss:

Why has QE never led to runaway inflation?
How has the market been propped up for 10 years without consequence?
What does the ECB own today?
The bank of Japan, their program and what it contains?
Central banks around the world and how they compare?
When does tapering occur on a global scale?