oil slicks

Cheney's Oily Interests
BLOG Posted 05/16/2006 @ 11:43am
Katrina vanden Heuvel




Cheney Starts New Cold War Over Oil
By Mark Ames, The eXile. Posted June 1, 2006.


Putin Blames U.S. for Russian Diplomats’ Murder in Iraq
Created: 12.07.2006 14:08 MSK (GMT +3), Updated: 14:08 MSK, 6 hours 5 minutes ago
MosNews

Enron fraud suspect found dead
12/07/2006 16:22 - (SA)

Terror in Mumbai: IT could be next target
Rakesh Goyal
July 12, 2006
...The bombs strategically targetted the local trains: the transport lifeline of Mumbai. All the blasts were in the first class compartments which carry middle and senior management of corporations, banks and government, apart from owner-managers from various markets. Thus, the target-segment was chosen carefully to break the middle layer of the industrial hierarchy and create terror. Until now, this class was never targeted...

update: Yeesh, I didn't even think of the possible nuclear implications

MARITIME SECURITY & MARITIME COUNTER-TERRORISM
Paper no. 1176
06. 12. 2004
by B.Raman
...15. The LTTE had been examining for many years the possibility of an explosive-laden suicide bomber piloting a microlite aircraft crashing on a land or sea-based target. A Sikh terrorist arrested by the Indian authorities in the early 1990s had stated during his interrogation that during his training in Pakistan, the ISI had asked him to join the Mumbai (Bombay) Flying Club, go on a solo flight and crash his trainer plane on to the Mumbai off-shore oil platform...

Dollar gains on US trade; oil, gold rally
Wed Jul 12, 2006 6:03 PM GMT
By Steven C. Johnson
NEW YORK (Reuters) - The dollar on Wednesday was on track for its biggest one-day gain against the yen in 18 months, boosted by a smaller-than-expected U.S. trade deficit in May and growing uncertainty about Japanese monetary policy
Gold, meanwhile, hit a six-week high, supported by higher oil prices, while technology shares dragged U.S. stock markets lower after European antitrust regulators fined Microsoft Corp..
U.S. Treasury debt prices also slipped as investors unwound safe-haven plays established after Tuesday's deadly train explosions in Mumbai, India's financial hub....


North County Reps vote to lift offshore drilling ban
By: EDWARD SIFUENTES - Staff Writer
Last modified Wednesday, July 12, 2006 12:27 AM PDT
NORTH COUNTY ---- Local Republican congressmen, including newly elected U.S. Rep. Brian Bilbray, have voted for a bill that would allow companies to drill for oil and gas off the coast of California and other coastal states.

Awww crap, what does Bilbray, the (environmentalist *cough* surfer *cough*) care?
His kids prefer indoor activities in Virginia.


Pacific Energy Resources Ltd. Announces Signing of Purchase and Sale Agreement for Majority Interest in Beta Oil Field Unit
JULY 10, 2006 - 08:30 ET
LONG BEACH, CALIFORNIA--(CCNMatthews - July 10, 2006) - Pacific Energy Resources Ltd. (TSX:PFE)(the "Corporation") wishes to announce that further to its news release of February 24, 2006, it has signed a definitive Purchase & Sale Agreement with Aera Energy LLC regarding the sale of its 71% interest in the Beta Unit, offshore California. Before the acquisition is completed, the Corporation is required to satisfy a number of financial and regulatory requirements, further particulars of which have been filed today on SEDAR as an additional News Release at http://www.sedar.com/.Netherland Sewell & Associates (NSA) estimated Proved Reserves of 19.78 Million barrels of 14 degree API oil and 3.23 Bcf of gas as of May 1, 2006 for the Unit. It also estimated 11.61 Million barrels of Probable oil reserves, 1.93 Bcf of Probable gas reserves, 31.26 Million barrels of Possible oil reserves and 4.84 Bcf of Possible gas reserves. These estimates are based on forecasted price scenario and have PV10% values of US$ 193.90 Million, US$ 89.29 Million and US$121.14 Million for Proved, Probable and Possible reserve categories respectively.The Beta Oil Field is located in San Pedro Area, in Federal waters nine miles offshore Long Beach, California. The leases in question are POCS 300, 301 and 306. A complex of two production platforms (Eureka and Ellen) and a facilities Platform (Elly) handle production from these leases. Platform Edith, also in the Beta Oil Field in lease POCS 296 is neither owned nor operated by Aera and is not included in this acquisition.The Beta Field was discovered in 1976 by Shell Oil Company...

Umm. that's like ONE day's worth of oil for the US.