Archive for April, 2006

Our petrodollars at work

Tuesday, April 4th, 2006

“Saudi Arabia is working secretly on a nuclear program, with help from Pakistani experts, the German magazine Cicero reported in its latest edition [..] Cicero, which will appear on newstands tomorrow, also quoted a US military analyst, John Pike, as saying that Saudi bar codes can be found on half of Pakistan’s nuclear weapons ‘because it is Saudi Arabia which ultimately co-financed the Pakistani atomic nuclear program.’” AFX

Indeed. As Gal Luft and Anne Korin wrote in March 2004:

“If the Saudis opted to acquire their own bomb, they would likely become the first nuclear power to have bought one off the shelf. Were this to happen, it would represent the culmination of a Sino- Saudi-Pakistani nuclear project that began in May 1974 when, following India’s ascension to the nuclear club, China sent scientists to assist Pakistan in developing that country’s own nuclear program. By the early 1980′s, China had supplied the Pakistanis with enough enriched uranium to build a few weapons. In 2001, the CIA reported that China was continuing to lend “extensive support” to Pakistan’s program. Today, Pakistan is estimated to have an arsenal of between 35 and 60 nuclear weapons.

“How did Pakistan, with its grinding poverty, pay for this expensive project? Some of the costs were undoubtedly carried by the Chinese in pursuit of their own interests, including their rivalry with India. But considerable evidence suggests that Saudi Arabia played a part as well. In May 1999, a year after Pakistan’s first nuclear test, Prince Sultan, escorted by then-prime minister Nawaz Sharif, toured the country’s uranium-enrichment and missile-production facilities at Kahuta – the only foreign dignitary allowed into a facility that was off-limits even to then-president Benazir Bhutto. There he was briefed by Abdul Qader Khan, the controversial father of Pakistan’s “Islamic bomb.” In 2002, Khan, in turn, led a delegation of Pakistanis to Saudi Arabia as personal guests of Prince Sultan. All told, according to Robert Baer, Saudi Arabia has poured over $1 billion into Pakistan’s nuclear program. ”

Kudos!

Monday, April 3rd, 2006

To Rep Duncan, John J., Jr. [TN-2], Rep Ford, Harold E., Jr. [TN-9], Rep McKeon, Howard P. (Buck) [CA-25], Rep Schiff, Adam B. [CA-29], Rep Fortuno, Luis G. [PR], and Rep Evans, Lane [IL-17], for becoming cosponsors of HR. 4409 The Fuel Choices for American Security Act!

Expropriations in Latin America

Monday, April 3rd, 2006

Moves toward nationalization of the oil and gas sectors in Bolivia and Venezuela are bad news for hemispheric energy security. Venezuela is nationalizing 32 oil fields. For some context, read Anne Korin’s testimony in front of the Subcommittee on the Western Hemisphere of the House International Relations Committee: Energy Security in the Western Hemisphere.

China threatens death penalty for oil theft

Sunday, April 2nd, 2006

Another sign of the times. We wonder what a government that is willing to kill its own people for oil theft?be willing to do to people of nations critical to its oil supply who attempt a similar offense.

Meantime, in Nigeria

Sunday, April 2nd, 2006

Reuters: “More naval patrols in Nigeria’s southern delta region have failed to persuade oil company Royal Dutch Shell to return to its abandoned oilfields as militants continue to clash sporadically with troops [..] The militant Movement for the Emancipation of the Niger Delta has waged a four-month campaign of sabotage and kidnapping against the oil industry in the world’s eighth largest exporter, cutting supplies by up to a quarter at one point. [..] Militants, often armed and funded with the proceeds of crude oil theft, roam the mangrove-lined waterways of the vast delta in speedboats.”

About a quarter of Nigeria‘s oil output is offline due to sabotage. That’s over half a million barrels of oil per day removed from the world oil market due to attacks in Nigeria alone, helping drive prices further up, which means more money to terrorists in Nigeria and around the world.

The “Movement for the Emancipation of the Niger Delta” took responsibility for this particular string of attacks, one of their demands being for the Nigerian government to release from custody the ringleader of the group that started attacking (and not just looting) the oil infrastructure in Nigeria Al-Haji Mujahid Dokubo Asari.

2003 article from Ford Motor Company

Saturday, April 1st, 2006

This article is a must read.