Free Republic

Oil shippers are using several tactics to hide that they're carrying Russian crude exports.. Using China's yuan instead of the dollar in trading and exchanging weapons or food for supplies are just two. Russian oil exports bought by India and then re-exported may end up in European gas stations.. ... as Europe and the US try to stem imports. At the same time, concerns are growing that India, which has snapped up Russian oil at discounted prices, has the potential to be used as a "back door" for those supplies to enter Europe ... Yuan-ruble trading volumes have soared 1,067%...

Product tanker owners Ardmore, INSW, Scorpio see scramble for diesel supplies Retail gasoline prices in the U.S. are up 45% year on year. Diesel used by American truckers is up 75% and just hit an all-time high. But this is not just an American problem. Pain at the pump is global. And so-called product tankers — ships designed to transport cargoes such as diesel, gasoline and jet fuel — are in prime position to profit. Fuel flows globally to where it earns the highest return. Case in point: As U.S. diesel prices have skyrocketed, American exports of diesel have surged,...

Utilities are worried that the slowdown in coal deliveries could threaten U.S. electricity supply and destabilize the power grid.A BNSF train climbs Edelstein Hill near Chillicothe, Ill.Chemical producers say erratic rail service has forced them to curtail production of essentials like chlorine used to treat public drinking water systems and the plastics used in medical products. And one of the nation’s largest retailers of diesel fuel, renewable diesel, ethanol, and diesel exhaust fluid says Union Pacific’s plan to cut its shipments by 50% will create fuel shortages, bring trucking to a halt, and raise prices at the pump. Those were...

Record charter rate highlights extreme vessel shortage — a major negative for cargo shippersIn a sign of just how frenzied the container market has become, a freight forwarder is reportedly paying $135,000 per day for a short-term charter of the S Santiago, a 15-year-old container ship with a capacity of 5,060 twenty-foot equivalent units (TEUs). “Charter rates for short employment … have gone out of control,” said Alphaliner in its new weekly report. “Depending on the sources, the ship would have obtained anything between $100,000 and $145,000 per day, an absolute historic high. The name of the charterer has not...

<p>For all its failures at forging a united front to control global iron-ore prices, China still has the heft to remind us that the appetite of the world’s biggest steel factory matters, a lot, when it comes to influencing commodity markets.</p>

Below are some of interviews from radio station WTIC in Hartford, Connecticut. The talk show host's name is Jim Vicevich, and his show runs from 10 AM until Rush limbaugh. These are from 2 separate interviews.

David Shippers did a radio interview today, I recorded it and put pictures to his comments. Here is the entire interview in 2 videos on YOUTUBE Video 1 http://www.youtube.com/watch?v=mJrzFatNOoA video 2 http://www.youtube.com/watch?v=pieVa7d3VSQ

AUSTIN - When it comes to road improvement and maintenance, by most accounts, the South Plains and Panhandle are fortunate. Despite a $1.1 billion accounting error, the Texas Department of Transportation recently reported no projects in the region have been canceled or delayed while cities like Dallas, Houston and Laredo had at least a half dozen highway projects delayed. But the $1.1 billion-error, which occurred because TxDOT inadvertently counted some bond money twice and consequently allocated more funding than it had, is just the latest problem plaguing the beleaguered agency. For months, TxDOT executive director Amadeo Saenz and other transportation...

With a major interstate running right through our area traffic is a common topic for Central Texans. How do we solve the problem of more traffic on i-35? Is the Trans Texas Corridor a realistic solution and do we even need it? In part two of our Trans Texas Corridor series we look at the project from a needs angle. There are basically two sides to the Trans Texas Corridor project, those for it and those against. One thing both sides gree on is that something needs to be done. There are twenty one million Texas residents. 45 percent of...

This is a head's up to anyone who is interested. David Shippers will appear live on The Warroom Tuesday morning to discuss the Middle Eastern Connection to the OKC Bombing. QUINN