September 5, 2013
A study released from IHS Economics (IHSE) stated that the petrol and natural gas boom is saving consumers thousands of dollars.
Because of natural gas, Americans are pocketing $1,200 annually in lower energy prices.
Estimations project savings to increase to $2,700 by 2020 and $3,500 by 2025.
State and federal monies saved will be an additional $283 billion which can be added to the gross domestic product (GDP).
It is envisioned that this boom will create 319,000 new jobs with the number of newly employed reaching 3.9 million by 2025.
California is sitting above the Monterey shale . This state could use its own natural gas reserves, rather than import oil from Bakken and Saudi Arabia.
Halliburton, who is associated with fracking and drilling services, could become the giant of the hydraulic fracturing industry.
Exxon Mobil is investing in Eagle Ford, the Marcellus and Bakken to support fracking.
Last June the Cypriot government signed a deal with Noble Energy, a US – based corporation with ties to the Israeli government, to build a $10 billion natural gas terminal to tap into the reserves in the eastern Mediterranean seabed.
This endeavor is advantageous to the Israeli government because it provides direct access to Europe, Southeast Asia and other natural gas consumers through Cyprus.
Earlier this year Cyprus was economically – terrorized by the International Monetary Fund (IMF) and the European Central Bank (ECB) wherein customer accounts had large portions of their balances syphoned out to pay back debts governmental to the technocrats.
Michalis Sarris, finance minister of Cyprus has travelled to Russia to speak with Igor Shuvalov, Russian finance minister have been in talks of Russian financial intervention in exchange for Cypriot resources; such as the natural gas reserves just offshore.
This plan was ultimately not accepted by Russia which left Cyprus open to being taken advantage of.
In August, Israel signed an agreement with Cyprus and Greece wherein all three nations would pool-together their natural gas reserves for a mutual benefit profit scheme to service global market needs.
Last year Greece was also the victim of economic – terrorism after the country defaulted on loans which caused a financial crisis.
With vast untapped natural gas reserves, Greece asked the Russian Federation for help. Greek Prime Minster Antonis Samarus wrote a letter to Russian President Vladimir Putin to appeal to him for assistance.
The Greek government paid the highest prices in natural gas imported from the European Union (EU); as well as the 3rd highest taxes.
Utilizing their natural gas reserves would lower the cost of energy for the nation while allowing them to export and profit from sales to other nations.
However, Greece ended up in the same situation as Cyprus which culminated in the agreement with Israel over the fate of their energy resources.
In Israel, the Leviathan Field may prove to be a “game changer” which would propel the country to become the 3rd largest provider of natural gas in the Middle East.
Noble Energy and Avner Oil Exploration is involved in the development of this vast reserve which is 130 kilometers from the Israeli coast and 5,000 feet under the Mediterranean sea.
The Leviathan Field is estimated at being worth over $7 billion.
Congress has recognized that this reserve “could represent 200 years’ worth of Israel’s natural gas consumption”; as well as the potential financial benefit of assisting Israel in becoming the leader in natural gas export.
Since 2005, Egypt was supplying Israel with natural gas; however this agreement ended recently which left Israel in an energy crisis.
Eastern Mediterranean Gas Co “sold 1.7 billion cubic meters of natural gas at a rate of $1.50 per million British thermal units, (BTUs)” which proved to be a financial downfall for Egypt.
Because they were underpaid for their product, Mohamed Shoeb, the head of the Egyptian Natural Gas Holding Company (ENGC) stated that they would no longer “ship natural gas to Israel because of contractual obligations violations.”
After the Saudi Arabian government aligned with the US government for military assistance because of an invasion from Sunni “radicals”, the deal with Egypt and Israel for natural gas began to fail.
The Arab Spring in Egypt proved to be difficult for Israel with regard to natural gas exports. Installed president Mohammad Morsi’s eventual removal will be “good for Israel and for anyone who relies on Israel in the Middle East.”
On the Sinai Peninsula, a natural gas pipeline that transported the resource from Egypt to Israel was partially destroyed which disrupted “the flow of gas”.
Because of a 1979 peace treaty with Israel, Egypt is forced to sell the natural gas to Israel for $2.5 billion. This price comes from an export deal signed in 2005 which extracts an estimated 40% of Egyptian natural gas which is sent straight to Israel.
In 2011, governments of Iraq, Iran and Syria signed a $10 billion accord to build a natural gas pipeline that would fuel income to the Middle Eastern nations.
Syria is expected to purchase “20 million to 25 million cubic meters a day of Iranian gas” daily.
The pipeline “length is more than 1,500 kilometers and will run from Assalouyeh to Damascus while passing through Iraq”, then Tehran, Lebanon and out to the Mediterranean Sea; eventually becoming a servicer to Europe, Southeast Asia and other nations.
Because Saudi Arabia would also be negatively affected by this pipeline, they have invested $3 billion into financially supporting the Free Syrian Army (FSA) who are terrorizing the Syrian citizens and trying to over-throw Syrian President Bashar al-Assad.
Saudi Prince Bandar bin Sultan has been making the rounds from Moscow to Paris and hoping to gain support against Syria.
Secret contracts have been offered by Bandar to Putin and French President Francois Hollande to strategically gain major governmental accord to bring Syrian President Bashar al-Assad down from power and crush the furtherance of the pipeline.
Before the creation of the Iraq, Iranian and Syrian pipeline, “Qatar proposed a gas pipeline from the Gulf to Turkey in a sign the emirate is considering a further expansion of exports from the world’s biggest gasfield after it finishes an ambitious program to more than double its capacity to produce liquefied natural gas (LNG).”
Part of the scheme, according to Turkey, is to strategically move the Nabucco pipeline project to “transport Central Asian and Middle Eastern gas to Europe, bypassing Russia.”
In this way, Qatar and Turkey would join efforts and share in the spoils.
Europe would rely on Qatar for natural gas instead of Russia.
However, Assad rejected the pipeline prosed by Qatar in favor for the deal with Iraq and Iran.
The Saudi Arabian government has been funding Chechen terrorist factions; including the elder brother involved in the Boston Bombing – Tamerlan Tsarnaev.
According to Russian intelligence provided by the Anti-Extremism Center, a faction of the Ministry of the Interior of Russia, Tamerlan had spent half a year in southern Russia, and then disappeared off their radar. At this point US federal agencies are claiming that they began their assessment of Tamerlan’s radicalization and training with militants in Chechnya.
The theme is being built that there is an Islamic insurgency in Chechnya, a republic of Russia. Social networking is being used by these alleged militants to communication and reaches out to others to become part of their jihad.
The point missed by most of the mainstream and alternative media is the history of US and Saudi financed terrorist cells in Chechnya. Facilitated by the CIA, the radicalization of Wahhabist groups to terrorize Russia have been a scheme kept silent in US media.
US Special Forces, intelligence operatives and money flowing from Saudi Arabia have combined to attempt to secure an outpost in Chechnya that would send a clear message to the Russian government.
The Wahhabist faction supported by the US is not actually adherents of Islam, but a fake, pasty terrorist army created as a tool for US foreign policy interests.
Born of the relationship between Saudi Arabia and the US government, Wahhabism (a.k.a. Salafism) is used because of their inherent “radical” movement toward “progressive social change” which makes them will to take extreme measures to fight against secularism.
Currently, the proxy war being fought in Syria is multifaceted with regard to purpose.
The US and UK governments are funding the FSA; while the Saudi Arabian government is arming the opposition.
During US Ambassador J. Christopher Stevens time in Libya, he was responsible for making sure there was safe passage for the weapons being shipped to Syria intended for the FSA.
This was just one of his missions while dealing with the National Transitional Council (NTC).
Sarin gas was used in Aleppo to murder Syrian civilians; including women and children. This chemical weapon was also sent through the pathway set up by Stevens.
When it was of no consequence to the Obama administration, Jay Carney, press secretary for the Obama administration, admitted in a media conference that the use of chemical weapons was perpetrated by the “opposition” and not the Syrian government.
Now that the US military has been requested to protect Israeli interests in the Middle East, Assad is being accused of using chemical weapons on his own people.
In the end, this war with Syria is about ensuring that Israel becomes the leader in natural gas export.