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Saudi Arabia Dumping Cheap Oil To Crush American Energy Sector

Some “ally.”

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Saudi Arabia is sending more than a dozen oil tankers to unload a massive supply of cheap oil into the American natural gas market, in what some are calling an attempt to seriously cripple the American energy industry.

Oil went ‘negative’ for the first time, meaning that traders were paying buyers to take the fuel supply off their hands. Demand for fuel has decreased significantly as a result of the coronavirus recession.

Saudi Arabia’s state-run oil company Aramco has sent a fleet of twenty oil tankers to the United States following a refusal by the Russian Federation to ramp down on oil production. This is around seven times the monthly standard export supply of oil from Saudi Arabia to the United States, and it’s peculiar that it’s arriving at a moment where the demand from fuel is lower from ever.

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The 20 tankers hold a combined supply of 40 million oil barrels. They’re set to arrive at ports in Lousiana and Texas in late May.

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North Dakota Senator Kevin Cramer has called upon President Trump to restrict the importation of Saudi oil as the American energy industry deals with the effects of the recession. An unlimited supply of cheap foreign oil could seriously hamper the recovery efforts of the American energy industry, leaving state-run enterprises in Russia and Saudi Arabia with an even greater share of the worldwide natural gas market than ever before.

A statement from Senator Cramer underscored the need to protect the viability of America’s natural gas industry.

Today’s collapse poses a devastating threat to our oil and gas sector, with job losses in the thousands and national security being weakened if the industry cannot recover. The dramatic low underscores why we cannot allow Saudi Arabia to flood the market, especially given our storage capacity dwindling. Right now, the highest number of Saudi oil tankers in years is on its way to our shores. Given today’s news, I call on President Trump to prevent them from unloading in the United States.”

President Trump has suggested he’d be willing to temporarily block the importation of Saudi Arabia to avoid weighing down the struggling American energy industry, which is largely made up of private companies. Behemoth state-run enterprises of Saudi Arabia and Russia have shown an ability to engage in anti-competitive practices during times of global uncertainty.

ANTIFA

ANTIFA-Linked Washington Women, Former Democrat Organizer Charged With Terrorist Attack in Train Derailment Plot

Two women are charged with attacks on railroad infrastructure.

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Two ANTIFA-linked Bellingham, Washington women were federally charged on counts of terrorist attack and violence against a railroad carrier on Monday, with the Department of Justice alleging Ellen Reiche and Samantha Brooks placed a “shunt” on railroad tracks in Whatcom County.

The shunt device in question disrupts the low level electrical current on the tracks and can disable various safety features. Charging documents indicate that previous shunting incidents had caused dangerous situations for traveling trains and almost resulted in a spill of hazardous materials at least once.

Reiche(pictured), 23, and Brooks, 27, were arrested on Saturday night. In a charging press release, US Attorney Brian Moran reveals that authorities have discovered 41 incidences in which dangerous shunts were placed on railroad tracks belonging to BNSF Railroads since January.

According to reports on her now-deleted Linkedin page, Reiche was previously employed as a Deputy Field Organizer for Washington State Democrats. She appears to be something of an environmentalist type, working as a park aide for the state, a naturalist for Outer Island Excursions, and a mentor for Wild Whatcom. Reiche also has a bachelor’s degree in German from the University of Western Washington.

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Photography of Reiche’s vehicle released in the Department of Justice charging document reveals an “Indigenous Land” bumper sticker, suggesting the territorial United States was stolen from Native Americans.

Charging documents reveal that claims of responsibility for the shunt placements were posted onto anarchist website itsgoingdown.org, a platform used by ANTIFA militants to plan property destruction, violent crimes, and attacks on traditional American statues. The post regarding the placement of the shunt invoked supposed solidarity with Native American groups who oppose the construction of a Canadian oil pipeline.

This claim of responsibility stated that the shunting activity was carried out in solidarity with Native American tribes in Canada seeking to prevent the construction of an oil pipeline across British Columbia, and with the express goal of disrupting BNSF operations and supplies for the pipeline,” cites the charging documents.

A railroad safety deputy chief describes witnessing the two women placing the shunt device on railroad tracks by use of a game camera on November 28th. Whatcom County Sheriff’s Deputies were alerted, and when the two women were found at the scene, they claimed they were merely looking for lost keys. However, authorities determined Reiche was in “possession of a brown paper bag that contained rubber gloves, a piece of black insulated copper wire, and a Makita Drill with a wheel-shaped wire brush attachment in the chuck.” The same wire had been used in previous shunting devices. A shunt was ultimately discovered near where the two women were confronted by sheriff’s deputies.

The terrorist suspects were released from jail in advance of a scheduled December 14th court appearance. The criminal charges are punishable by sentences of up to 20 years in prison. Their booking information at the Whatcom County Jail specifies state charges filed against the leftist militants.

Both of them are identified as Bellingham, Washington residents in the DOJ press release.

 

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