petro-oligarchy

Trump lifts restrictions on offshore drilling

President Donald Trump signed an executive order on April 28 to lift restrictions placed on offshore oil drilling by the previous administration. According to a statement, about 94% of the US Outer Continental Shelf (OCS) was either off-limits to or not considered for oil and gas exploration and development under previous rules. Trump blamed federal regulations for high unemployment in the state of Alaska, where oil and gas are a significant part of the economy, and said lifting restrictions would create thousands of jobs. Opponents, including US Congressman Charlie Christ (D-FL), criticized the move, citing environmental risks posed by drilling, especially naming the 2010 Deep Water Horizon oil spill.

Trump-Putin breach: real or charade?

This week's unnerving incident in which US jets intercepted two Russian bombers off the coast of Alaska leaves us wondering how to read events. Russia sent the two "nuclear-capable" bombers to within 100 miles of Kodiak Island April 17, prompting the US to scramble two F-22 stealth fighter jets from Elmendorf Air Force Base. The US and Russian craft were side-by-side for a full 12 minutes, until they crossed out of the US Air Defense Identification Zone (ADIZ). (The Telegraph, April 18) This came as ExxonMobil was seeking a waiver from US sanctions against Russia to move ahead with its Black Sea venture with Rosneft. The decision rested with the Treasury Department's Office of Foreign Assets Control (OFAC), while Secretary of State (and ex-Exxon CEO) Rex Tillerson is officially recusing himself from any matters involving the company for two years. Still, it is counterintuitive (at least) that OFAC turned down the waiver April 21. (NYT, April 21; Fox Business, April 19)

Venezuelan oil goad in US-Russia game

Amid a new eruption of massive protests and deadly street clashes in Venezuela comes word that General Motors says it will immediately halt operations in the country after its plant in the industrial hub of Valencia was unexpectedly seized by authorities. GM described the takeover as an "illegal judicial seizure of its assets," and pledged to "vigorously take all legal actions, within and outside of Venezuela" to challenge the expropriation. (CNN, NBC, April 20) But the news comes along with even more unexpected indications of quiet overtures between the governments of Nicolás Maduro and Donald Trump...

Trump executive order kills Obama's climate plan

Most of President Barack Obama's actions to forestall climate change were wiped out March 28 as President Donald Trump revoked or revised limits on carbon emissions from power plants and opened federal lands to coal mining. Trump's executive order applies to Obama's Clean Power Plan, and an October 2015 rule entitled "Carbon Pollution Emission Guidelines for Existing Stationary Sources: Electric Utility Generating Units." Even federal planning for the planet's warming climate will no longer be allowed, as Trump revoked Obama's executive order of 2013 requiring federal agencies "to integrate considerations of the challenges posed by climate change effects into their programs, policies, rules and operations to ensure they continue to be effective, even as the climate changes."

Trump admin approves Keystone XL pipeline

Under Secretary of State for Political Affairs Thomas A. Shannon Jr on March 24 issued a presidential permit to TransCanada Keystone Pipeline, authorizing the Canadian company to construct, operate and maintain pipeline facilities at the US-Canadian border in Phillips County, Mont., for the importation of crude oil from Canada's tar sands. The Trump administration's State Department is headed by former ExxonMobil CEO Rex Tillerson, who backs the pipeline. However, Tillerson recused himself from the decision after environmental groups objected that it would be a conflict of interest for him to decide the pipeline's fate.

Trump approves pipelines, withdraws from TPP: contradiction?

President Trump on Jan. 24 signed orders giving the go-ahead for construction of the controversial Keystone XL and Dakota Access oil pipelines, which had been halted by the Obama administration. Obama's State Department rejected a permit for the Keystone XL pipeline, and the Army Corps of Engineers had ordered work halted on the Dakota pipeline after weeks of protests by Native American groups and their activist allies. In a signing statement, Trump said the Keystone XL project will mean "a lot of jobs, 28,000 construction jobs, great construction jobs." In its own statement, TransCanada, the company seeking to build Keystone XL, said it "appreciate[s] the President of the United States inviting us to re-apply for KXL. We are currently preparing the application and intend to do so."

'Gasolinazo' protests rock Mexico

Several states across Mexico have been shaken by days of angry protests in response to a jump in the price of gasoline sparked by a new deregulation policy. Protests, road blockades and civil strikes are reported from 12 states since the new policy was instated Jan. 1. Looting was reported in Hidalgo, Veracruz and México states, with over 350 stores sacked. Several federal police agents were briefly taken hostage by protesters when they tried to break up a roadblock in Ixmiquilpan, Hidalgo. Two protesters were killed in the Ixmiquilpan clash, while one Federal District police officer is reported dead in rioting on the outskirts of Mexico City. Police also fired in the air to scatter protesters in Ecatepec, México. Nearly 900 have been detained nationwide. (Sol de Mexico, Jan. 6; Animal Politico, Jan. 5; Apro, Jan. 4)

Trump's 'election': Russian-backed fascist coup?

Well, this is pretty hilarious. Kremlin mouthpiece RT, long promoted as some kind of "alternative" by lefties in the West, is now baiting the anti-Trump protesters as paid pawns of George Soros, the fave bugaboo of yahoos, paranoids and anti-Semites. Embarassingly, even at this late date, the (always dubious) FreeThought Project is touting Russian media reports making this claim. We stated months ago that Putin and Trump were in league, hoping to instate a fascist world order after the January inaurguation. Julian Assange and WikiLeaks, who ironically continue to be glorified by "leftists," obviously played a strategic role in this global coup, now on the cusp of being consolidated. Certainly, the jubilation at Donald Trump's election by the forces of Russo-fascism couldn't be more blatant.

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