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BREAKING: Mysterious shortage in Libya may cause serious hike in oil prices

The Libyan civil war is also a petro-war.

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Libya was once the richest state in Africa but since NATO’s war on Libya in 2011, it has been the world’s most resource rich failed state.

Libya currently has two bodies which each claim to be the country’s legitimate government. First of all there is the General National Congress in Tripoli and then there is the government in Tobruk, near the Egyptian border. The Council of Deputies in Tobruk is generally considered the more moderate of the two.

The Tobruk government’s most important military commander is Khalifa Haftar who has the backing of Egypt, by far the most important international player in the attempt to bring some semblance of normalcy back to Libya.

The fact remains that both the Tripoli and Tobruk governments are contending with multiple groups of terrorists including ISIS, al-Qaeda and local jihadist groups in addition to local gangs of pirates and other tribal factions.

Into this fray, many are beginning to question whether Saif al-Islam Gaddafi, son of the late Libyan leader, Muammar Gaddafi could help unite the fractured state.

On top of the civil war ranging in a failed state, is a substantial amount of oil.

Unnamed sources cited by oilprice.com report a total stoppage of oil flowing from Sharara oil field, the largest in Libya.

David Forest said of the event:

As a result, sources said Libya’s overall oil production has now fallen to 560,000 barrels per day. Coming just days after Libya’s National Oil Corp. had publicly pegged the country’s production at 700,000 b/d.

That suggests the stoppage at Sharara has lowered production by 140,000 b/d — representing a 20% decline. With the shortfall happening virtually overnight, and with no apparent warning to oil traders

The sources reporting the event did not offer an explanation as to why oil from Sharara have been shut down nor why supplies have also been halted at Zawiya and Mellitah oil depots.

The crisis has put the price of Brent Crude over the crucial $50 mark.

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For Libya, this will mean that the wider business and geo-political world will be paying closer attention to the often ignored conflict  and it will also mean that other oil producing states will be watching the markets closely.

As a crucial global energy producer, Russia will be watching this closely. In January of this year, Russia reached an agreement with OPEC to cut oil output.

The rise in Brent Crude following from the mysterious cuts in Libya have all ready impacted the Russia as the Rouble continues to rise against the Dollar and Euro.

It is a shame that Petro-politics will doubtlessly play an important role in shaping whatever happens next in the Libyan failed state. Russia has a keen interest in restoring order back to Libya, but this monumental task is first and foremost dependant on Egypt as Libya’s most important neighbour and historic ally.

As Syria slowly but surely wins its battle against terrorism, Libya will become the epicentre of instability in the Arab world. In many ways it all ready is.

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Surprise, Surprise! Another Brett Kavanaugh Sexual Assault Allegation! (Video)

Democrats will use this Social Justice tactic on every nomination and election.

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Via Stefan Molyneux


Surprise, Surprise! Fresh off the spineless Republicans delaying the confirmation vote for Supreme Court Nominee Brett Kavanaugh – the Judge has been accused of yet another sexual assault claim of questionable authenticity. Apparently during the 1983-84 academic school year, Kavanaugh ‘exposed himself’ to classmate Deborah Ramirez while she was heavily intoxicated – or so she thinks so, despite admitted gaps in her memory and no additional eyewitnesses.

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White House Releases Late Night Push Back to New Yorker Hit on Kavanaugh

Ramirez recalls “a penis being in front of my face,” and that despite being incredibly drunk, someone encouraging her to “kiss it.”

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Via The Gateway Pundit


The White House released a late night response to the New Yorker hit piece by Ronan Farrow and Jane Mayer on Supreme Court nominee Brett Kavanaugh in which a Yale classmate alleged, without eyewitness corroboration, that Kavanaugh exposed himself to her face at a drunken college dorm party decades ago. Kavanaugh issued a statement denying the accusation.

Latest Kavanaugh accuser, Yale classmate Deborah Ramirez.

The White House statement highlights multiple details from the article that undermine the accusation.

Reporters have posted a copy to Twitter, one of them CNN’s Kaitlan Collins.

Full image and text posted below.

WHAT YOU NEED TO KNOW ABOUT THE ALLEGATIONS MADE IN THE NEW YORKER ARTICLE ON JUDGE BRETT KAVANAUGH

“This alleged event from 35 years ago did not happen. The people who knew me then know that this did not happen, and have said so. This is a smear, plain and simple. I look forward to testifying on Thursday about the truth, and defending my good name—and the reputation for character and integrity I have spent a lifetime building—against these last-minute allegations.” – Judge Brett Kavanaugh

The accuser, Deborah Ramirez, admits in The New Yorker’s piece that there were “significant gaps” in her memories about the event. 

  • “She was at first hesitant to speak publicly, partly because her memories contained gaps because she had been drinking at the time of the alleged incident.”
  • “Ramirez acknowledged that there are significant gaps in her memories of the evening…”

By The New Yorker’s own admission, Ramirez was reluctant to speak with certainty on the allegation. 

  • “In her initial conversations with The New Yorker, she was reluctant to characterize Kavanaugh’s role in the alleged incident with certainty.”

It took six days of “assessing her memories” for Ramirez to say she recalled Kavanaugh committing the alleged incident, and that came only after consulting with an attorney provided by the Democrats. 

  • “After six days of carefully assessing her memories and consulting with her attorney, Ramirez said that she felt confident enough of her recollections…”
  • “Senate aides from Ramirez’s home state of Colorado alerted a lawyer, Stanley Garnett, a former Democratic district attorney in Boulder, who currently represents her.”

The New Yorker admits it has not confirmed through eyewitnesses Kavanaugh was even present at the party and other students who knew Kavanaugh said they never heard of the incident. 

  • The New Yorker has not confirmed with other eyewitnesses that Kavanaugh was present at the party.”
  • “In a statement, two of those male classmates who Ramirez alleged were involved in the incident, the wife of a third male student she said was involved, and three other classmates, Dino Ewing, Louisa Garry, and Dan Murphy, disputed Ramirez’s account of events…”
  • “We were the people closest to Brett Kavanaugh during his first year at Yale. He was a roommate to some of us, and we spent a great deal of time with him, including in the dorm where this incident allegedly took place.”
  • “Some of us were also friends with Debbie Ramirez during and after her time at Yale. We can say with confidence that if the incident Debbie alleges ever occurred, we would have seen or heard about it—and we did not.”

Further, those classmates said that the allegations in the story would be completely out of character for Kavanaugh.  

  • “The behavior she describes would be completely out of character for Brett.”

A former student who was best friends with Ramirez said she never told her about the incident despite how close they were. 

  • “The former friend who was married to the male classmate alleged to be involved, and who signed the statement, said of Ramirez, ‘This is a woman I was best friends with. We shared intimate details of our lives. And I was never told this story by her, or by anyone else. It never came up. I didn’t see it; I never heard of it happening.’”

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US Will Be “Defenseless” Against New Russian Nuclear Sub Equipped With Hypersonic Missiles

The hypersonic nuclear submarine is not the only super-weapon that Russia is preparing to add to its arsenal.

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Via Zerohedge


The Soviet-era arms race between the US and Russia is officially back on.

To wit, Moscow is reportedly building a fleet of nuclear submarines armed with hypersonic ICBMs capable of delivering a nuclear payload ten times larger than the bomb dropped on Hiroshima, according to CNBC, which cited a US intelligence report on the new weapons. Russian President Vladimir Putin hinted at six new super weapons during a speech back in March where he also revealed that Russia is working on a nuclear missile capable of evading NATO’s ring of ABM defenses.

The new Borei II submarine, also known as the Borei-A, is a fourth-generation nuclear-powered ballistic missile submarine that will reportedly join the Russian Navy’s Northern and Pacific Fleets once it’s completed in 2024, according to the report. Each sub can carry up to 20 Bulava intercontinental ballistic missiles, which can deliver a nuclear payload of 100 to 150 kilotons. The sub will be the first new Russian sub developed in the post-Soviet era.

What’s worse is that, as of now, the US doesn’t possess adequate defenses to protect against Bulava missiles.

What’s more, unlike a traditional missile, which carries one warhead, the Bulava missile is capable of carrying up to 10 nuclear and hypersonic weapons on its tip. That means one Borei II submarine could potentially launch 200 hypersonic weapons, a threat the U.S. is currently unable to defend against.

A hypersonic weapon can travel at Mach 5 or higher, which is at least five times faster than the speed of sound. This means that a hypersonic threat can travel about one mile per second.

Back in March, Putin showed a digital representation of how one of Russia’s new weapons could evade ABM defenses by traveling high into the stratosphere. The Russian president also criticized the US and NATO for forcing Russia to resort to these weapons. He also dared any of Russia’s geopolitical rivals to call the country weak.

“I want to tell all those who have fueled the arms race over the last 15 years, sought to win unilateral advantages over Russia, introduced unlawful sanctions aimed to contain our country’s development: You have failed to contain Russia,” Putin said during his March national address.

A hypersonic weapon can travel at Mach five or faster, which means it is five times faster than the speed of sound, traveling at about one mile per second.

And the new sub isn’t the only super-weapon that Russia is preparing to add to its arsenal. Of the six weapons Putin unveiled at his speech earlier this year, CNBC reported that two of them will be ready for war by 2020.

“We don’t have any defense that could deny the employment of such a weapon against us,” Air Force Gen. John Hyten, commander of U.S. Strategic Command, told the Senate Armed Services Committee in March, following Putin’s comments.

With this in mind, perhaps Democrats in Congress can stop complaining about the ostensibly friendly relationship between President Trump and Putin and also stop agitating against Trump’s plans to allocate more money to the military.

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