Green Energy
Opec under siege as ISIS threatens world's oil lifeline
From the Telegraph:
Thick black smoke rising from the Baiji oil refinery could be seen as a dirty smudge on the horizon as far away as Baghdad after fighters from the Islamic State of Iraq and the Levant (Isil) set fire to the enormous processing plant just over 100 miles north of the capital last week.
The decision to torch the refinery, which once produced around a third of Iraq’s domestic fuel supplies, was made as the insurgents prepared to pull out of Baiji, which they captured last June in a victory that sent shock waves across world oil markets.
A year on from the start of the siege and a shaky alliance of the Middle East’s major Arab powers, with the limited support of the reluctant US government, has failed to contain the expansion of Isil.
The problem for the US and the rest of the industrialised world is that the Middle East controls 60pc of proven oil reserves and with it the keys to the global economy.
Should Isil capture a major oil field in Iraq, or overwhelming the government, the consequences for energy markets and the financial system would be potentially catastrophic.
GO READ THE WHOLE THING.
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Intelligence Experts Say Obama’s Plan To Defeat Isis “all Smoke And Mirrors” ... "never Supported His Own Strategy"
From the Telegraph: Former and serving diplomats and intelligence officials tell the Telegraph that President Obama’s hopes of defeating Islamic State are based on “smoke and mirrors.” President Barack Obama’s attempts to destroy Isil have...
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Hmmm. It's Almost As If He's Giving Them Subtle Encouragement.
But naw, that couldn't be. From PCMD GazetteThis is Why Obama Changed the name ISIS to ISIL ISIS is the “Islamic State of Iraq and Syria”. ISIS is an Islamic jihadist group in the Middle East. In its self-proclaimed status as...
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Evidence Mounting That Turkey Is Behind Isis Recruitment To Establish An Islamic Caliphate
From Shoebat: Several Middle Eastern media broke the news that unrest has sparked in Turkey with demonstrations erupting denouncing Erdogan after Turkish citizens captured ISIS operatives in Turkey in which Turkish security forces released the terrorists...
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This Message Brought To You By Hassan Nasrallah
We are talking to YOU Barack Obama, and ISIS mimics the Viet Cong and NVA in 1975:oh and BTW … THIS is how those inimical to our way of life view how YOU conduct yourself in the world -I can't understand why...U.S. Embassy Prepares for Possible...
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Iraq's largest oil refinery shut by bombing Sat Feb 26, 2011 10:47am GMT By Sabah al-Bazee BAIJI, Iraq, Feb 26 (Reuters) - Militants attacked Iraq's largest oil refinery on Saturday, killing four workers and detonating bombs that touched off a...
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