Oil

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A Rosy Future For U.S. LNG

American LNG exports for 2016, according to the Department of Energy, totaled 109 Bcf through December, averaging about 0.3 Bcf per day. But contrary to expectations when Cheniere Energy first opened its LNG terminal at Sabine Pass, Louisiana at the start of the year, the bulk of those energy exports have not gone to markets in East Asia, passing through the newly-expanded Panama Canal, or to markets in Western Europe. Instead, the chief recipient of American LNG has been countries south of the border. Chile received nine shipments for a total…


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North Dakota´s Oil Revenue Forecast Decreases By $1B

Prior administration’s forecast held oil production flat through 2019, with price above $50 Members of the House Appropriations Committee are looking at adopting a revenue forecast that is $1.1 billion less than what former Gov. Jack Dalrymple used before leaving office. “Most of us are pretty concerned about what number Gov. Dalrymple had for the revenue forecast,” said Appropriations Chairman Jeff Delzer, R-Underwood. Thursday, members of each chamber’s Appropriations Committee will vote on the plan created by Republican…


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China Aggressively Cuts Coal Supply

China, the world’s largest coal consumer and producer, is not giving up on its long-term plans of reducing the share of coal in its overall energy mix and consequent smog and greenhouse gas emissions. Cutbacks will be focused on smaller mines in north and east China, the National Development and Reform Commission (NDRC) said. Despite reversing in November some of the restrictions imposed to local coal miners in early 2016 due to a spike in prices for the commodity, Beijing announced late last week it will continue to cut the capacity of its…


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The Natural Gas Play To Start The Year

For most of 2016, we searched for value in oil stocks, while ignoring natural gas. But while I believe oil stocks will have a great 2017, I also see terrific value coming in natural gas stocks at various times during the coming year. One of those moments, I believe, is now. We had an interesting end for natural gas in 2016, as prices spiked overseas, sent higher with the intensity of the cold weather in Europe. While the Arctic has experienced one of the warmer starts to winter on record, that has been balanced by the historic cold that began in…


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Florida Shooter Had Been Sent To A Mental Hospital Over “ISIS Ties”, Was Investigated For Child Porn

As more details emerge about the Ft. Lauderdale airport shooter, Esteban Santiago-Ruiz, 26, who on Friday afternoon opened fire at the baggage claim area at the airport, killing 5 and wounding 8, we start to get a detailed glimpse not only into his past, but his numerous recent interactions with authorities.

Esteban Santiago, the suspected shooter at Ft. Lauderdale Airport on Jan. 6, 2017

According to law enforcement officials, Santiago was found with an active military ID and is an American citizen, born in New Jersey. Previous known addresses include Penuelas, Puerto Rico and Anchorage, Alaska.

They add that in November 2016, just two months ago, he walked into an FBI office in Anchorage claiming that the government had “forced him to watch ISIS videos” and to fight for ISIS. According to a slightly different narrative presented by CNN, source said that Santiago was hearing voice telling him to join the Islamic State. Ultimately he was sent to a psychiatric hospital.

AP confirms that Santiago’s brother said the suspect had been receiving psychological treatment while living in Alaska. Bryan Santiago told The Associated Press that his family got a call in recent months from 26-year-old Esteban Santiago’s girlfriend alerting them to the situation.

Bryan Santiago said he didn’t know what his brother was being treated for and that they never talked about it over the phone. He said Esteban Santiago was born in New Jersey but moved to the U.S. territory of Puerto Rico when he was 2 years old.

He said Esteban Santiago grew up in the southern coastal town of Penuelas and served with the island’s National Guard for a couple of years. He was deployed to Iraq in 2010 and spent a year there as a combat engineer with the 130th Engineer Battalion, the 1013th engineer company out of Aguadilla, according to Puerto Rico National Guard spokesman Maj. Paul Dahlen.

Sen. Bill Nelson of Florida said that the gunman was carrying a military ID that identified him as Esteban Santiago, but that it was unclear whether the ID was his. Nelson gave no further information on the suspect.

As CBS adds, in 2011 or 2012, Santiago was investigated by Homeland Security Investigations for child porn. Three weapons and a computer were seized, but there was not enough evidence to prosecute, according to law enforcement sources. Santiago also has a record for minor traffic violations and was evicted in 2015 for not paying rent.

Furthermore, AP notes that according to a  military spokeswoman Santiago received a general discharge from the Alaska Army National Guard last year for unsatisfactory performance.

Lt. Col. Candis Olmstead did not release details about 26-year-old Esteban Santiago’s discharge in August 2016. Olmstead said that he joined the Guard in November 2014.

Puerto Rico National Guard spokesman Maj. Paul Dahlen said that Santiago was deployed to Iraq in 2010 and spent a year there with the 130th Engineer Battalion, the 1013th engineer company out of Aguadilla. Olmstead also said that Santiago had served in the Army Reserves prior to joining the Alaska Army National Guard.

Previously, a spokeswoman from the Canadian Embassy says the suspect in the shooting at the international airport in Fort Lauderdale has no connection to the country and did not fly to Florida from there. Embassy spokeswoman Christine Constantin said in an email to The Associated Press that the suspect did not travel from Canada and was not on an Air Canada flight. She says the suspect has no connection to Canada.

The shooting happened at the airport’s terminal 2, where Air Canada and Delta operate flights. Five were killed and eight wounded. Constantin’s email says, “We understand from officials he was on a flight originating in Anchorage, transiting through Minneapolis and landing in Ft. Lauderdale.”

Meanwhile, authorities are looking into what event may have set off the unstable Santiago.

Law enforcement sources said the suspected gunman in a deadly attack at Fort Lauderdale-Hollywood International Airport got into an argument during his flight from Alaska to Florida. They’re now investigating whether that’s what set off a shooting rampage CBS reports.

Esteban Santiago-Ruiz, 26, took a flight from Alaska to Florida Friday with a stop in Minnesota, officials said. Somewhere along the way, he got into an argument.

According to Broward Commissioner Chip LaMarca, Santiago-Ruiz arrived from a flight with a gun that he checked in. “He claimed his bag and took the gun from baggage and went into the bathroom to load it. Came out shooting people in baggage claim,” LaMarca said.

Earlier reports claimed Santiago-Ruiz came in on a flight from Canada. On the company’s Twitter account, Air Canada confirmed that no one by that name was on their flight. Air Canada flights arrive to Terminal 2, where the shooting took place.

Police were able to apprehend the suspect without having to fire their own weapons when he apparently ran out of bullets.

The post Florida Shooter Had Been Sent To A Mental Hospital Over “ISIS Ties”, Was Investigated For Child Porn appeared first on crude-oil.top.


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Could 2017 Be A Banner Year For Natural Gas?

2016 was, in the main, a decent year for those who believe in the huge potential of U.S. natural gas. Chronic oversupply and a consistent build in reserves saw the price of the commodity fall dramatically in 2014 and 2015, but it bottomed in February of last year and has been recovering ever since. Despite that, prices are still around 50 percent lower than the peak three years ago, but there are good reasons to believe that the rally in gas prices will continue this year. (Click to enlarge)President-elect Trump has made it clear that he intends…


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Is This The Start Of A New Super Cycle In Commodities?

In the latest edition of the Numbers Report, we’ll take a look at some of the most interesting figures put out this week in the energy sector. Each week we’ll dig into some data and provide a bit of explanation on what drives the numbers. Let’s take a look.1. Betting on crude not as easy as it seems (Click to enlarge)- Oil prices have doubled from their lows in February, when oil dropped to $27 per barrel. Savvy investors could have made a fortune if they timed their positions correctly.- But profiting from oil prices is not as…


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Terrorism? Airport Shooting Suspect Esteban Santiago Identified As Convert To Islam Who Watched E-Jihad Video In 2007

Researchers at GotNews.com went completely down the rabbit hole within hours of the shooting at the Ft. Lauderdale airport, after officials identified the suspect as Estaban Santiago – a resident of Alaska who flew on a military ID to Ft. Lauderdale with a loaded pistol in his carry-on, before retrieving the weapon and beginning his deadly rampage.

GotNews has uncovered evidence that Santiago is a “Puerto Rican Islamic Terrorist & Anime Fan.” Unfortunately as of this writing their servers have crashed, so they have uploaded their evidence to Twitter. See for yourself.

These are the Nexis public records details for the ONLY #EstebanSantiago ever in Alaska, who is also 26-yrs-old. Note “Naota33” e-mail. 1/? pic.twitter.com/bHMH6CAR79

— WeSearchr (@wesearchr) January 6, 2017

Searching leaked databases for “Naota33” reveals THIS image of #EstebanSantiago with Mid-Eastern keffiyeh & ISIS one-finger salute. 2/? pic.twitter.com/M9MolgsZ6z

— WeSearchr (@wesearchr) January 6, 2017

In 2007, user “Naota33” posted on explosives/weapons forum in a thread about mass-downloading radical Islamic terrorist propaganda vids. 3/? pic.twitter.com/XZSF1ryYUE

— WeSearchr (@wesearchr) January 6, 2017

Newly-discovered @Instagram of “Naota33” proves we were 100% RIGHT on our identification of #EstebanSantiago #FortLauderdale. 4/? pic.twitter.com/XwncWMzyjs

— WeSearchr (@wesearchr) January 6, 2017

So @CBSNews has now visually confirmed our FIRST identification of #EstebanSantiago #FortLauderdale & his status as Islamic terrorist.

— WeSearchr (@wesearchr) January 6, 2017

CNN JUST USED @wesearchr PHOTO
CNN JUST USED @wesearchr PHOTO
CNN JUST USED @wesearchr PHOTO

NOTICE HOW IT’S IN BLACK AND WHITE.
WEW LADS pic.twitter.com/5leL8m8t3t

— The Current Year (@TheeCurrentYear) January 6, 2017

Content originally generated at iBankCoin.com

The post Terrorism? Airport Shooting Suspect Esteban Santiago Identified As Convert To Islam Who Watched E-Jihad Video In 2007 appeared first on crude-oil.top.


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Kuwait Slashes Oil Production To 2.707M BPD On OPEC Accord

Kuwaiti officials say the OPEC-member country has reduced oil production this month to around 2.707 million barrels per day, in line with the targeted amount under the OPEC output cut agreement reached on 30 November. So far, Saudi Arabia, Kuwait, Iraq and Venezuela are honoring the commitment to cut output, while Iran uses the time to shore up lost market share, and Libya and Nigeria struggle to ramp up production to avoid destabilization. Kuwait agreed in November to cut output by 131,000 barrels per day, starting on 1 January. This figure is…


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Kuwait Slashes Oil Production To 2.707M BPD On OPEC Accord

Kuwaiti officials say the OPEC-member country has reduced oil production this month to around 2.707 million barrels per day, in line with the targeted amount under the OPEC output cut agreement reached on 30 November. So far, Saudi Arabia, Kuwait, Iraq and Venezuela are honoring the commitment to cut output, while Iran uses the time to shore up lost market share, and Libya and Nigeria struggle to ramp up production to avoid destabilization. Kuwait agreed in November to cut output by 131,000 barrels per day, starting on 1 January. This figure is…