Tag: Political activities of the Koch brothers

Is this why Biden isn’t refilling the Strategic Petroleum Reserve?!

Tina Marie (Ms. Cat)

[2017] Trump’s Budget Delivers Big Oil’s Wish: Reducing Strategic Petroleum Reserve

While most observers believe the budget will not pass through Congress in its current form, budgets depict an administration’s priorities and vision for the country. Some within the oil industry have lobbied for years to drain the SPR, created in the aftermath of the 1973 oil crisis.

…

Exxon, as well as the American Petroleum Institute (API) and the Independent Petroleum Association of America (IPAA), have long lobbied for a drawdown of SPR‘s supply, according to lobbying disclosure records reviewed by DeSmog. They supported two key bills, proposed but never passed by Congress: H.R. 4136 in 2012 and S. 1231 in 2015.

H.R. 4136, lobbied for by Exxon, API, and IPAA**, says that the Strategic Petroleum Reserve can only be tapped if more federally owned public lands and waters were leased to the oil and gas industry. S. 1231, the Strategic Petroleum Reserve Modernization Act of 2015, called for a Department of Energy study of the SPR “to determine options available for [its] continued operation,” to be completed 180 days after the bill’s passage.

…

“[T]he SPR is unnecessary in the first place. Private inventories and reserves are abundant, and open markets will respond more efficiently to supply shocks than federally controlled government stockpiles,” wrote Loris, who began his career as an associate for the Charles G. Koch Charitable Foundation. “Congress should authorize the Department of Energy to sell the entire inventory, using the revenues solely for deficit reduction.”

Orinoco Tribune Editor: There Was a Coup Against Pedro Castillo in Peru + Some Notes

Tina Marie (Ms. Cat)

Orinoco Tribune Editor: There Was a Coup Against Pedro Castillo in Peru

Rodríguez remarked that the appointment of Vice President Dina Boluarte as the de facto president is a measure adopted by the Peruvian Congress to disguise the coup d’état. “Naming Dina Boluarte as the de facto president is a halfway solution between Pedro Castillo and José William Zapata, the president of Congress, who is a right-wing military man accused of corruption and drug trafficking and what have you,” he opined. “So, I believe they chose Dina Boluarte to prevent greater tension or political instability in Peru… In fact, José William Zapata was the president of Peru for some minutes and then transferred power to Dina Boluarte. This was all that was behind the coup in Peru.”

Some notes, to self, on José Williams, Hernando de Soto, Institute for Liberty and Democracy, Omidyar Network, & Atlas Network:

Read More »