USA: Secret shipments of hot radioactive waste being sent by rail to Nevada
by Bob Chapman
Venezuelan President Hugo Chavez is poised to launch a bid to transform the global politics of oil by seeking a deal with consumer countries that would lock in a price of $50 a barrel.
Then Venezuela could count its huge deposits of heavy crude as part of its reserves giving it more oil than Saudi Arabia ... that is oil production for 200 years.
He said, “$50.00 a barrel -- that’s a fair price not a high price.”
A $50.00-a-barrel lock-in would allow Venezuela to demand a huge increase in its official oil reserves, allowing it to demand a big increase in its production allowance within OPEC.
Venezuela will ask OPEC to formerly recognize the upgrading of its reserves to 312 b/b versus Saudi’s 262 b/b at the OPEC meeting in Caracas in May. The request will be controversial. Some producer countries will say why sell oil almost $20 a barrel below market prices and others won’t want to give up part of their quota?
* On Monday, the Fed added $9 billion in repurchase agreements taking the repo pool down slightly to $111.453 billion.
Our spies inform us that secret shipments of hot radioactive waste are being sent by rail from Texas to Nevada. This is being done under secret executive order from the White House. States and agencies that would normally be in the loop have not been notified.
The shipments appear to be going to the vicinity of the Yucca Mountain depository, to be "held temporarily" pending political developments. In actuality they will be warehoused on railroad sidings without even the inadequate safeguards that would have been available at Yucca Mountain.
This is quite dangerous. The words "unbelievably stupid" come to mind.
As Bush and his allies in the Senate push forward for amnesty for the 11-12 million illegal aliens already in the United States and for a guest-worker program that would bring in millions more “temporary” workers, they are withholding an important report that scathingly indicts the agency that would be processing the massive influx of aliens we would expect under the proposed programs.
Venezuelan President Hugo Chavez is poised to launch a bid to transform the global politics of oil by seeking a deal with consumer countries that would lock in a price of $50 a barrel.
Then Venezuela could count its huge deposits of heavy crude as part of its reserves giving it more oil than Saudi Arabia ... that is oil production for 200 years.
He said, “$50.00 a barrel -- that’s a fair price not a high price.”
A $50.00-a-barrel lock-in would allow Venezuela to demand a huge increase in its official oil reserves, allowing it to demand a big increase in its production allowance within OPEC.
Venezuela will ask OPEC to formerly recognize the upgrading of its reserves to 312 b/b versus Saudi’s 262 b/b at the OPEC meeting in Caracas in May. The request will be controversial. Some producer countries will say why sell oil almost $20 a barrel below market prices and others won’t want to give up part of their quota?
* On Monday, the Fed added $9 billion in repurchase agreements taking the repo pool down slightly to $111.453 billion.
Our spies inform us that secret shipments of hot radioactive waste are being sent by rail from Texas to Nevada. This is being done under secret executive order from the White House. States and agencies that would normally be in the loop have not been notified.
The shipments appear to be going to the vicinity of the Yucca Mountain depository, to be "held temporarily" pending political developments. In actuality they will be warehoused on railroad sidings without even the inadequate safeguards that would have been available at Yucca Mountain.
This is quite dangerous. The words "unbelievably stupid" come to mind.
As Bush and his allies in the Senate push forward for amnesty for the 11-12 million illegal aliens already in the United States and for a guest-worker program that would bring in millions more “temporary” workers, they are withholding an important report that scathingly indicts the agency that would be processing the massive influx of aliens we would expect under the proposed programs.
posted by Alice at
Sunday, April 09, 2006
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home