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

[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.”

All the theories why Tucker Carlson got fired, from offensive texts about his bosses to too much prayer talk and Rupert Murdoch’s personal disdain

All the theories why Tucker Carlson got fired, from offensive texts about his bosses to too much prayer talk and Rupert Murdoch’s personal disdain

Murdoch was displeased with Carlson’s stance on the Ukraine war—a graphic on Carlson’s show had previously called the country’s President Volodymyr Zelensky a “Ukrainian pimp.” The host also repeatedly chided the U.S. for providing military aid to Ukraine. Murdoch’s opinion of Carlson’s commentary had become so negative that he complained about it during a newsroom meeting, according to anonymous sources cited by the Washington Post

Related:

Video: Tucker Carlson’s Last Address Before Leaving Fox News at #Heritage50

No Evidence that Russia is Behind Nord Stream Sabotage Attack

I omitted the word “conclusive” that was included in the Washington Post headline. Why? Because it’s weasel wording included to cast doubt. You see if there is no “conclusive” evidence than you have to consider their may be circumstantial evidence. Which is a red herring. – The red herring fallacy specifically involves using that irrelevant claim to redirect the discussion and avoid discussion/debate about the original topic.

No Evidence that Russia is Behind Nord Stream Sabotage Attack

Related:

No conclusive evidence Russia is behind Nord Stream attack

Russia Balks At “Stupid” Oil Price Cap, Mulls Production Cut

Crude oil prices rose by roughly a percent on Friday morning on news that Russia was considering a production cut.

Brent crude oil prices rose by 0.85% on Friday morning to $76.80 at 10:20 a.m. ET, after Russian President Vladimir Putin succinctly referred to the West’s price cap as “stupid”, threatening to cut oil production in retaliation.

Russia Balks At “Stupid” Oil Price Cap, Mulls Production Cut

Congress’ Best Idea to Save Local Journalism Would Actually Hurt It + Some Temporary Good News

Congress’ Best Idea to Save Local Journalism Would Actually Hurt It

Meta reported $114.93 million in ad revenue in 2021, whereas Google reported $209 billion. But determining how much of that publishers should get is difficult—and the JCPA doesn’t even try. One version of the JCPA proposed platforms and publishers negotiate an agreed-to payment, and if they couldn’t come to a consensus, they’d enter forced-arbitration with no formula for what is fair. But whether the money would end up being vast or a modest bump to the bottom line, not every publication stands to benefit if the JCPA becomes law. While the JCPA’s alliances allow for partnerships, exclusionary elements of the JCPA would encourage big brands to unite selectively at the expense of smaller ones and shut out niche independent journalistic outlets altogether.

Related:

JCPA Update: The Dangerous Link Tax That Still Won’t Save Local Journalism

The original text of the JCPA already authorized print media companies to form one or several cartels and collectively bargain with the largest online platforms—defined in terms that single out Facebook and Google. Although the bill hinted at these news cartels being able to demand payment for merely linking to their content, or hosting snippets like the results you get from Google News, the mechanism by which they would be paid was left vague. However, the fact that the bill allowed news companies to withhold content strongly suggested a claim to some sort of property right, or ancillary copyright, that the targeted platforms would owe for hosting links and snippets.

Some Temporary Good News: None Of The Really Bad Internet Bills Seem To Have Made It Into The NDAA

This would also hurt independent media and bloggers (you would have to pay a ‘link tax’ to corporate media for linking to their articles—see below image)! So far, it hasn’t passed (it was attached to the NDAA) but there’s still the omnibus spending bill and the next session of Congress!

Source.

Elon Musk’s First Move Is To Fire The Person Most Responsible For Twitter’s Strong Free Speech Stance

Elon Musk’s First Move Is To Fire The Person Most Responsible For Twitter’s Strong Free Speech Stance

And, that wasn’t just in the US. Twitter was among the most vocal companies pushing back on foreign governments and their demands for information or their demands to censor people. Just as one example, in India, the government demanded that Twitter remove users critical of the government, and Twitter fought back, even as the government threatened to jail Twitter employees. And when India passed a law to give the government more control over internet censorship, Twitter sued the Indian government. In fact, this lawsuit was something that Elon Musk complained about, suggesting that he’s way more willing to go along with government demands. Indeed, Musk also praised the EU’s new Digital Services Act, which is a highly censorial bill that demands all sorts of content takedowns and other censorial actions. Twitter, under [Vijaya] Gadde’s leadership, was one of the most vocal companies in calling out how the Digital Services Act could harm speech online.

Related:

Elon Musk’s plan to turn Twitter into a super app is a step closer now that he owns the platform

EU Pushes For More Sanctions Which Will Come Back To Bite It

On February 22, two days before Russian troops entered the Ukraine, the U.S. and the EU put reams of sanctions onto Russia. They also confiscated some $300 billion of Russia’s reserves that were invested in the ‘west’. The sanctions had been negotiated between the EU and the U.S. and prepared for over several months.

EU Pushes For More Sanctions Which Will Come Back To Bite It