You are here

Politics

Massive Oil Theft By Pirates Costs Nigeria $1.5 Billion Every Month

Submitted by Irina Slav via OilPrice.com,

Depressed oil prices, rampant corruption, and pipeline vandalism are only parts of Nigeria’s oil problem. It’s now losing a massive 400,000 barrels of crude daily to pirates in the Gulf of Guinea, an amount equal to the entire daily export capacity of its Forcados terminal.

Overall damage from piracy, theft and fraud for Africa’s largest oil exporter is estimated at some $1.5 billion a month, according to U.S. deputy ambassador to the UN, Michele Sison, citing a Chatham House report.

Emma Thompson Protests Fracking, Ignoring Court Injunction

British actress Emma Thompson and her sister Sophie have broken a court injunction by occupying a piece of land in Lancashire in protest to government’s plans to allow fracking on the site.  The two actresses showed their support for locals who opposed the fracking plans, and filmed a parody of the popular BBC show the Great British Bake Off earlier on Wednesday. ITV News reports: The site, leased by fracking firm Cuadrilla, has been transformed by Greenpeace volunteers into a film studio inspired by the popular TV show, complete with a white marquee, vintage utensils, and bunting.

Just Released: Listen To Boehner Calling Ted Cruz A "Luciferian Son Of A Bitch"

Just in case you were waiting for the "taken out of context" or "just kidding" excuse to come from the GOP establishment over John Boehner's earlier comments with regard to the 'luciferian, son of a bitch' Ted Cruz... none will be coming. Here is the full 97 seconds of truthiness from the mouth of the cryingest speaker America has ever known...

Pages