ThereAreNoSunglasses

American Resistance To Empire

Alabama Fuel Pipeline, Largest In US, Shuts-Down After Explosion–Gas Prices Jump

U.S. Gasoline Jumps Most Since 2008 as Pipe Blast Boosts Premium

Bloomberg Business

Gasoline in New York jumped the most in almost eight years and its premium to crude prices soared 60 percent after an explosion and fire in Alabama shut the largest fuel pipeline in the U.S., killing one person and injuring more.

December-delivery gasoline rose as much as 15 percent to the highest level for a front-month contract since June after Colonial Pipeline Co., which carries oil products to New York Harbor from the U.S. refining center in Houston, shut mainlines on the pipe for the second time in two months. The fuel’s premium to Brent crude, a theoretical profit margin for many refiners, jumped to as high as $18 a barrel.

The explosion, which killed one person and hospitalized five, occurred while contractors were working in an area that’s home to a “complex series of pipelines,” Shelby County Sheriff’s Office Major Ken Burchfield said by phone. Major fuel suppliers began notifying wholesalers in South Carolina late Monday of allocations. A spill in September closed the Colonial pipeline for 12 days, cutting supplies to 50 million Americans in the Southeast.

The southeastern U.S. is “highly dependent on pipeline supplies from Colonial, and, ultimately, Colonial flows form the baseline of U.S. East Coast supply,” Robert Campbell, head of oil products research at Energy Aspects Ltd. in New York, said in a note. The longer the mainlines are offline, “the more upward pressure will be placed on U.S. East Coast fuel prices, while downward pressure will be exerted on U.S. Gulf Coast product prices.”

Gasoline for December delivery rose as much as 21.56 cents to $1.6351 a gallon in intraday trading on the New York Mercantile Exchange. The contract traded at $1.605 at 4:36 p.m. in Singapore. The 15 percent intraday gain is the largest for the active contract since Dec. 31, 2008, according to data compiled by Bloomberg.

Gasoline’s premium to Brent crude traded 30.5 percent higher at $14.77 a barrel after surging even higher earlier. The difference between December and January gasoline futures shot up as much as 4,200 percent from 0.23 cent to a high of 9.9 cents a gallon.

Several major U.S. refiners gained in after-market trading as the premium jumped. Phillips 66, which operates a refinery near New York City, advanced 1.7 percent to $82.50 on the New York Stock Exchange after closing at $81.15 a share Monday. Valero Energy Corp. and Marathon Petroleum Corp. also rose.

Alabama Governor Robert Bentley said in a tweet that the incident in Shelby County on Monday was about a mile west of the Sept. 9 incident. Colonial had planned to remove between late-October and mid-November a temporary bypass pipeline that was built around the site of the earlier spill.

Colonial — and to a lesser extent the smaller Plantation Pipe Line Co. — play a key role in supplying the U.S. Southeast because there aren’t any refineries between Alabama and Pennsylvania that produce substantial quantities of transportation fuels. The region is supplied primarily by pipeline flows from refineries along the U.S. Gulf Coast, according to the U.S. Energy Information Administration.

While Colonial has a capacity of 2.6 million barrels a day of refined products, the Plantation pipeline carries just 700,000 barrels a day.

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Obama’s Terrorist Aggression Turned Two Democratic Mideast Oases Into Hell On Earth

[Gaddafi’s Libya was Africa’s Most Prosperous Democracy  ; The Green Book—Muammar Al Qaddafi]

Syria Israel 4423cBefore the externally-orchestrated dirty war on Syria started with the externally-orchestrated “Arab Spring” psy op; before the “peaceful protestors” shot the unarmed Syrian security forces; and before the West armed, trained and funded the international mercenary cannibals who loot, rape, and plunder; Syria was an oasis of civilization surrounded by imperial puppet states.

Syria was prosperous, with a growing economy. It had food sovereignty, with a “strategic” stock of millions of tons of high quality wheat , not the “Franken-food” bio-tech variety; it had a strong central bank with no usurious IMF loans; it had a popular, reformer President; it had a mostly well-educated, secular, pluralist, forward-looking population; and it was the fourth safest country in the world.

After almost six years of illegal war launched by some of the most militarily advanced countries, and years of illegal sanctions imposed by these same criminal governments – including Canada’s puppet government – Syria is still standing strong. It still has a popular, elected President and government.  And it is still a beacon of civilization.

Despite the collective punishment of sanctions and the terror of war, Syrians remain defiant. Arabi Shaher exemplified this defiance when he said,” Do whatever you like, this is our country; it will remain our country.” He, like many Syrians, sees through the lies.  And his appraisal of the root cause of the war is openly shared by many Syrians.

Israel and its allies “benefit” from a balkanized and destroyed Syria. Even conflicting pipeline interests are subordinated by Israel’s perceived needs as presaged by the Oded Yinon plan.   Syrians commonly report that Israel first and foremost, and its allies, are the number one agents driving the current holocaust. These interests are said to subordinate the “oil” interests. Same in Iraq.

Not surprisingly, Syria, ranked among the top five countries in terms of safety before the war, is now a war zone on about 2,000 fronts, but life goes on for all Syrians.

Despite the Western assaults on Syria, Syria still provides free health care and schooling for all in government –controlled areas, even as terrorists teach children to be “child soldiers”, and to adopt the degenerate Wahhabi ideology that violently excludes all other ideologies and religions.

All of the violence, including the daily exposure to bombings, is currently being “normalized”. Outsiders report that when a mortar bomb strikes nearby, Syrian pedestrians barely notice, and continue on their way. The trauma of the war will present challenges for years to come.

Despite, or maybe because of its challenges, Syria treats all of its inhabitants – regardless of their country of origin – as Syrians.

“Wesam”, a man born to Palestinian refugees, explains that Palestinian refugees have the same rights as Syrians. They can buy a home, they can buy land, and they can legally work in Syria.  In contrast, he explains that Palestinian refugees have no rights in neighbouring Lebanon; they cannot work legally, and they cannot buy a home outside of the refugee camp.

Wesam b0201

And so life goes on in Syria. The West is doing everything that it can to change this – economic sanctions, mercenary terrorists, bombing grain silos, bombing Syrian Arab Army (SAA) positions, disinformation warfare – but it isn’t working.

Damascus, one of the oldest continuously-inhabited cities in the world, is strong. Observers mistakenly thought that the capital would fall within months, but it hasn’t happened yet, and it is unlikely to happen at all.

Syria has strong institutions, a strong army, and strong allies.  It also has a strong civilizing core. Syria’s victory will be everyone’s victory.

NATO, Russia to hold parallel drills in the Balkans

NATO, Russia to hold parallel drills in the Balkans

foxnews

FILE - In this Sept 1, 2012 file photo, a Mig-29 jet fighters of Russian aerobatic team Strizhi (Swifts) perform during air-show in Batajnica, military airport near Belgrade, Serbia. NATO is holding an emergency exercise drill in Montenegro while Russia's troops will participate in a war game in Serbia as the two Balkans neighbors that seem to be heading different directions strategically. (AP Photo/Darko Vojinovic, File)FILE – In this Sept 1, 2012 file photo, a Mig-29 jet fighters of Russian aerobatic team Strizhi (Swifts) perform during air-show in Batajnica, military airport near Belgrade, Serbia. NATO is holding an emergency exercise drill in Montenegro while Russia’s troops will participate in a war game in Serbia as the two Balkans neighbors that seem to be heading different directions strategically. (AP Photo/Darko Vojinovic, File)  (The Associated Press)

NATO is holding an emergency exercise drill in Montenegro while Russian troops will participate in a war game in Serbia as the two Balkans neighbors seem to be heading in different directions strategically.

The five-day drill in Montenegro that started Monday includes fighting floods and chemical attacks. It will include 680 personnel from seven NATO countries and 10 partner states.

The 13-day war game in Serbia, dubbed “The Slavic Brotherhood 2016,” begins Wednesday. It will include 150 Russian paratroopers and an unspecified number of troops from Serbia and Belarus.

Tiny Montenegro has been invited to join NATO, despite strong opposition from Russia. Serbia has been under pressure from the Kremlin not to join the Western military alliance or the EU.

Both Serbia and Montenegro are traditional Russian allies.

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