http://www.freerepublic.com/tag/gas/ en-us Mon, 20 May 2013 03:07:16 GMT Focus Forum 15 http://www.freerepublic.com/focus/f-news/3021494/posts Word is that both Israel and Turkey are seriously entertaining the notion of constructing an undersea pipeline to deliver Israeli natural gas to Turkey and, perhaps, hence to Europe. The Turks reportedly have expressed willingness to foot part of the estimated $2 billion bill. Such pipelines exist elsewhere in the world, most notably from Russia and from Norway. It is becoming evident that a veiled agenda underpinned the recent Turkish willingness to consider a rapprochement with Israel. Turkey, it appears, hankers after Israeli gas. The perceived Turkish softening was fueled by Israel’s offshore gas discoveries, a fact which nevertheless did... The Jerusalem Post http://www.freerepublic.com/focus/f-news/3021494/posts#comment Mon, 20 May 2013 03:07:16 GMT http://www.freerepublic.com/focus/f-news/3021176/posts A new investigation released by Wall Street Daily just revealed a disturbing pattern of price manipulation in the energy markets. The six-month investigation, conducted by renowned energy analyst, Karim Rahemtulla, was triggered by the incredible disparity in gas prices between the United States and Europe. The price of natural gas in the United States is presently about $4/mcf. Yet the price in Europe is upwards of $15/mcf. “Such mispricing simply cannot occur in an efficient market,” says Rahemtulla. For the global economy to function properly, the energy markets must be priced efficiently. It can be no other way. Any malfeasance... Wall Street Daily http://www.freerepublic.com/focus/f-news/3021176/posts#comment Sun, 19 May 2013 00:46:53 GMT http://www.freerepublic.com/focus/f-news/1627819/posts If Willy Sutton were alive today, he’d be eyeing the oil industry. Sutton, you’ll remember, was once asked why he robbed banks. “‘Cause that’s where the money is,” he replied. According to our sources, Evo Morales may be doing a Willy Sutton number. As candidate for President, he promised the Bolivian peasants a big pay increase. Then, when he got into office, the mean people at the national treasury had a little talk with him. “Where was the money going to come from?” they wanted to know. Evo looked around. He was losing popularity fast. What did the country have... The Daily Reckoning http://www.freerepublic.com/focus/f-news/1627819/posts#comment Sat, 6 May 2006 14:10:56 GMT http://www.freerepublic.com/focus/f-news/3020424/posts Sen. Amy Klobuchar has asked the U.S. Department of Energy to investigate the steep increase in Minnesota gas prices over the past few weeks. Gasoline industry officials say regional gas prices have jumped 80 cents in the past month and 30 cents in the past week because of both unexpected and planned shutdowns at gasoline refineries. But Klobuchar said the impact of temporary closures shouldn't have so much impact on the price consumers have to pay. In a letter to Energy Secretary Steven Chu, the Democratic senator called on the Department of Energy to thoroughly examine the closures and timing... duluth news/pioneer press http://www.freerepublic.com/focus/f-news/3020424/posts#comment Thu, 16 May 2013 23:12:30 GMT http://www.freerepublic.com/focus/f-news/3020038/posts The price of a gallon of gasoline hit a shocking level overnight. In the Twin Cities, several chain gas stations -- mostly in the outer ring -- raised their prices to between $4.09 and $4.19 a gallon. That's about 20 cents more overnight, 60 cents in the last two weeks, and $1.20 since January. At many stations, prices rose into the $4 range yesterday afternoon, then fell overnight into the $3.90 area. What's going on here? MPR News http://www.freerepublic.com/focus/f-news/3020038/posts#comment Thu, 16 May 2013 02:43:39 GMT http://www.freerepublic.com/focus/f-bloggers/2412110/posts A vast reservoir of clean-burning natural gas could be available at reasonable cost in the coming years, freeing us from some of our dependence on imported energy. Yet there are those who consider such a development a threat. A small group of billionaires (and mere multimillionaires), formed under the aegis of the Democracy Alliance, has amassed a great deal of political influence in America on behalf of the Democratic Party and Democratic politicians. Among the more important members of this "club" are George Soros and his liberal allies, Herbert and Marion Sandler. The latter two are billionaire beneficiaries of the... The American Thinker http://www.freerepublic.com/focus/f-bloggers/2412110/posts#comment Mon, 21 Dec 2009 11:29:02 GMT http://www.freerepublic.com/focus/f-news/3019280/posts A steeper-than-expected rise in US shale oil reserves is about to change the global balance of power between new and existing producers, a report says. Over the next five years, the US will account for a third of new oil supplies, according to the International Energy Agency (IEA). The US will change from the world's leading importer of oil to a net exporter. Demand for oil from Middle-East oil producers is set to slow as a result. "North America has set off a supply shock that is sending ripples throughout the world," said IEA executive director Maria van der Hoeven.... BBC http://www.freerepublic.com/focus/f-news/3019280/posts#comment Tue, 14 May 2013 15:25:13 GMT http://www.freerepublic.com/focus/f-news/3018930/posts For decades, it seemed that most countries of the Levant, east of the Mediterranean Sea, had little or no share of the Middle East's abundant energy resources. Israelis even had a joke about how Moses led his people through the desert for 40 years to reach the one place in the region with no oil. But in the past few years, there have been offshore discoveries of gas and possibly oil that look set to open up new economic possibilities. In future, they could also redefine strategic relationships. A 2010 US Geological Survey report estimated that there were 122 trillion... BBC http://www.freerepublic.com/focus/f-news/3018930/posts#comment Mon, 13 May 2013 21:27:53 GMT http://www.freerepublic.com/focus/f-news/3018824/posts ANKARA, Turkey — Turkish Prime Minister Recep Tayyip Erdogan, a critical U.S. ally in the Muslim world, is struggling with the crisis in Syria, which has strained his country’s fast-growing economy, swamped it with hundreds of thousands of refugees and created unusually public friction with Washington. The urgency of Erdogan’s concerns over Syria was underscored by Saturday’s car bombings that killed 46 people in the Turkish border town of Reyhanli, where thousands of Syrian refugees have taken shelter. Erdogan’s government blamed the blasts on the government of Syrian President Bashar al-Assad — an allegation that Syrian officials quickly denied. snip The Washington Post http://www.freerepublic.com/focus/f-news/3018824/posts#comment Mon, 13 May 2013 16:56:02 GMT http://www.freerepublic.com/focus/f-news/3018807/posts Turkey is closer to coming to an agreement over joint energy projects with Israel, according to a report on Friday in the Turkish daily Today’s Zaman. The recent natural gas discoveries off Israel’s coast led to a discussion over how to best transfer the gas to Europe. The paper quotes top Turkish officials as stating they are moving to be in favor of “extensive cooperation” with Israel and Cyprus. Turkish President Abdullah Gul and Energy Minister Taner Yildiz were said to have discussed the issue on Friday at an energy conference in Istanbul. Gul said at the conference that Turkey... http://www.cyprusgasnews.com http://www.freerepublic.com/focus/f-news/3018807/posts#comment Mon, 13 May 2013 16:01:58 GMT http://www.freerepublic.com/focus/f-news/3018378/posts Over the past five years, technology has improved the productivity of the typical oil or gas rig on America’s shale fields between 200 and 300 percent. Forbes http://www.freerepublic.com/focus/f-news/3018378/posts#comment Sun, 12 May 2013 04:37:13 GMT http://www.freerepublic.com/focus/f-news/3018044/posts Secretary of State John Kerry called Friday for greater efforts to "unfreeze" decades of tense stalemate between Greece and Turkey over Cyprus, after meeting here with the foreign minister of the divided Mediterranean island. "The United States supports a bi-zonal, bicommunal federation. We would like to see us unfreeze this conflict and be able to move to a resolution," Kerry told reporters after meeting here with his Cypriot counterpart Ioannis Kasoulides. "We also look forward to working with the foreign minister, and with President (Nicos) Anastasiades and others to try to move Cyprus forward on one of the world's frozen... AFP http://www.freerepublic.com/focus/f-news/3018044/posts#comment Sat, 11 May 2013 00:16:07 GMT http://www.freerepublic.com/focus/f-news/3017932/posts TEL AVIV, Israel, May 9 (UPI) -- Israel's rapprochement with onetime strategic ally Turkey is a vital element in Ankara's drive to become the intercontinental east-west energy hub in the Mediterranean and many expect it to produce an energy alliance that will transform the region. Turkish Prime Minister Tayyip Recep Erdogan has, since taking power in 2002, transformed his country's economic prospects through a wide-ranging diplomatic drive aimed at restoring Turkish leadership in the region. He has long sought to transform Turkey, which has no energy resources of its own, into the unassailable central hub for transporting oil and gas... UPI http://www.freerepublic.com/focus/f-news/3017932/posts#comment Fri, 10 May 2013 18:32:54 GMT http://www.freerepublic.com/focus/f-news/3017273/posts U.S. President Barack Obama spoke to Prime Minister Binyamin Netanyahu on Wednesday, several days after the alleged Israeli air raids on Syrian targets and as Washington steps up its Middle East peace efforts, AFP reported. The White House said in a short statement that Obama and Netanyahu, who is visiting China, spoke by telephone, and discussed "regional security issues and Middle East peace." U.S. officials have declined to comment in detail on air strikes allegedly carried out by Israel on targets near Damascus on Friday and Sunday, which reportedly destroyed Iranian missiles apparently destined for the Hizbullah terror group. But... Arutz Sheva - Israel National News http://www.freerepublic.com/focus/f-news/3017273/posts#comment Thu, 9 May 2013 02:02:03 GMT http://www.freerepublic.com/focus/f-news/3017165/posts LONDON - British Prime Minister David Cameron said on Wednesday that there was "a growing body of limited but persuasive information" showing that the Syrian government had used and was continuing to use chemical weapons such as sarin gas. "The room for doubt about this continues to diminish," Cameron told parliament. "There's an urgent need to start a proper negotiation to force a political transition and to bring this conflict to an end." Cameron said he would fly to Russia on Friday to discuss the matter with President Vladimir Putin. "In Syria the atrocities continue to mount," he said. snip Reuters http://www.freerepublic.com/focus/f-news/3017165/posts#comment Wed, 8 May 2013 19:42:11 GMT http://www.freerepublic.com/focus/f-news/3017075/posts Only by combining their forces will Israel and Cyprus be able to make a significant dent in the global natural gas economy, the Cypriot energy minister stressed on Tuesday. “We feel that through a close collaboration with Israel we will be able to be a major player in the world energy market, something that for each country individually might be too hard to achieve,” said Energy, Commerce, Industry and Tourism Minister Yiorgos Lakkotrypis. Lakkotrypis was addressing a group of Israeli and Cypriot business leaders and government officials at a seminar entitled “Cyprus: An International and Professional Center,” held in Tel... Cyprus Gas News http://www.freerepublic.com/focus/f-news/3017075/posts#comment Wed, 8 May 2013 15:30:53 GMT http://www.freerepublic.com/focus/f-news/3016468/posts At a meeting with Cypriot President Nicos Anastasiades, Prime Minister Binyamin Netanyahu promised that Israel would continue to maintain good ties with Cyprus, regardless of its newly-rekindled relationship with Turkey. Netanyahu met with the newly-elected Anastasiades on Sunday night, before he departed for China. At a press conference after the meeting, Anastasiades said that Israel and Cyprus had “embarked on a strategically important dialogue with a view at enhancing and further developing our bilateral ties, which are founded on common principles and values.” In an interview with Channel Two, the Cyprus president said that he and Netanyahu had agreed, among... Arutz Sheva - Israel National News http://www.freerepublic.com/focus/f-news/3016468/posts#comment Tue, 7 May 2013 00:41:59 GMT http://www.freerepublic.com/focus/f-news/3016191/posts (Reuters) - U.N. human rights investigators have gathered testimony from casualties of Syria's civil war and medical staff indicating that rebel forces have used the nerve agent sarin, one of the lead investigators said on Sunday. The United Nations independent commission of inquiry on Syria has not yet seen evidence of government forces having used chemical weapons, which are banned under international law, said commission member Carla Del Ponte. Reuters http://www.freerepublic.com/focus/f-news/3016191/posts#comment Mon, 6 May 2013 12:12:15 GMT http://www.freerepublic.com/focus/f-news/3016211/posts The upcoming visit of Israeli Prime Minister Benjamin Netanyahu to China is expected to further promote mutual political trust and cooperation in the fields of economy, trade and science. Netanyahu is due to leave for China Sunday night for a five-day official visit, the first of its kind since 2007 when then Israeli Prime Minister Ehud Olmert visited China. Chinese Ambassador to Israel Gao Yanping told Xinhua in an interview that China and Israel have maintained close high-level contact in recent years, creating a good atmosphere for the growth of bilateral ties. Recent years have also witnessed increasingly closer exchanges... China.org.cn http://www.freerepublic.com/focus/f-news/3016211/posts#comment Mon, 6 May 2013 13:11:19 GMT http://www.freerepublic.com/focus/f-news/3016099/posts Turkey's prime minister on Sunday delivered his most virulent attack so far on Bashar al-Assad, calling the Syrian president a "butcher" and warning that he will be held to account for the deaths of tens of thousands of his citizens. "If God permits, we will see this butcher, this murderer receive his judgement in this world ... and we will praise (God) for it," Recep Tayyip Erdogan said. "You will pay a very, very heavy price for showing your courage to the babies in the cradle, the courage you cannot show others," he told a cheering crowd of lawmakers and... AFP http://www.freerepublic.com/focus/f-news/3016099/posts#comment Mon, 6 May 2013 01:07:22 GMT http://www.freerepublic.com/focus/f-news/3016091/posts Turkish and Israeli officials will meet on Monday in Israel for another round of talks over compensation for a deadly 2010 raid on a Gaza-bound aid flotilla, a diplomatic source told AFP. "The second round of negotiations will be held in Israel tomorrow," the source said on Sunday, without elaborating. An initial meeting was held in Ankara on April 22 to discuss the amount and the terms of the payment for the compensation by Israel, which Turkey has named as a precondition for normalisation of diplomatic ties. That meeting was the first stage of what Turkish officials have said would... AFP http://www.freerepublic.com/focus/f-news/3016091/posts#comment Mon, 6 May 2013 00:18:30 GMT http://www.freerepublic.com/focus/f-news/3016084/posts Israel needs to reach peace with the Palestinians to avoid becoming a binational state, Prime Minister Binyamin Netanyahu said on Wednesday. He stressed, however, that the core of Israel’s conflict with the Palestinians was not territory, but rather a Palestinian unwillingness to recognize Israel’s legitimacy within any boundaries. Netanyahu’s comments at a meeting with top Foreign Ministry officials came amid signs of revived motion on the Palestinian track. He made similar comments during a meeting later in the day with five US congressmen, giving the impression that he was staking out a pre-negotiation position. “We’re engaged right now in an... The Jerusalem Post http://www.freerepublic.com/focus/f-news/3016084/posts#comment Sun, 5 May 2013 23:48:06 GMT http://www.freerepublic.com/focus/f-news/3016076/posts Prime Minister Binyamin Netanyahu is scheduled to meet on Sunday morning with new Cypriot President Nicos Anastasiades, who said before the visit that strengthening ties with Israel is one of his government’s most important initiatives. Netanyahu will meet Anastasiades shortly before leaving for a five-day trip to China. The Cyprus Mail quoted Anastasiades as saying the aim of the visit was to begin a “to-the-point dialogue that can lead to collaboration between the two countries that will benefit both peoples in many areas, among them of course the exploitation of natural resources.” Anastasiades arrived on Thursday evening for a twoday... The Jerusalem Post http://www.freerepublic.com/focus/f-news/3016076/posts#comment Sun, 5 May 2013 23:24:18 GMT http://www.freerepublic.com/focus/f-news/3016072/posts Prime Minister Binyamin Netanyahu will leave this afternoon for a five-day trip to China, where he will try to bring Israel’s perspectives on a slew of regional issues such as Iran, Syria and Egypt to the country’s new leadership. Netanyahu will be meeting with the new Chinese president, Xi Jinping, as well as with the country’s new prime minister, Li Keqiang, in an effort to shape their impressions of the Middle East as they begin what is expected to be a decade of rule. While two previous attempts to arrange a visit by Netanyahu failed to materialize, the trip is... The Jerusalem Post http://www.freerepublic.com/focus/f-news/3016072/posts#comment Sun, 5 May 2013 23:10:46 GMT http://www.freerepublic.com/focus/f-news/3016067/posts In a further indication of stirrings in the long-stagnant Israeli-Palestinian diplomatic process, Justice Minister Tzipi Livni met Thursday in Washington with US Secretary of State John Kerry, and Prime Minister Binyamin Netanyahu said for the second time in a week that he supports a public referendum on any agreement with the Palestinians. Yitzhak Molcho, Netanyahu’s envoy on the Palestinian issue, accompanied Livni to her meeting with Kerry, where they discussed the peace process as well as regional developments, particularly Syria. The meeting came three days after an Arab League delegation met with Kerry and US Vice President Joe Biden. Kerry... The Jerusalem Post http://www.freerepublic.com/focus/f-news/3016067/posts#comment Sun, 5 May 2013 22:55:52 GMT