Is Russia Financing the Anti-Fracking Campaign?

Discussion in 'News / Current Events' started by InTheLight, Jan 27, 2015.

  1. InTheLight

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    Is Russia Financing the Anti-Fracking Campaign?

    A shadowy Bermudan company that has funneled tens of millions of dollars to anti-fracking environmentalist groups in the United States is run by executives with deep ties to Russian oil interests and offshore money laundering schemes involving members of President Vladimir Putin’s inner circle.

    With oil prices plunging as a result of a fracking-induced oil glut in the United States, experts say the links between Russian oil interests, secretive foreign political donors, and high-profile American environmentalists suggest Russia may be backing anti-fracking efforts in the United States.

    The interest of Russian oil companies and American environmentalist financiers intersect at a Bermuda-based law firm called Wakefield Quin. The firm acts as a corporate registered agent, providing office space for clients, and, for some, “managing the day to day affairs,” according to its website.

    As many as 20 companies and investment funds with ties to the Russian government are Wakefield Quin clients. Many list the firm’s address on official documentation.


    http://freebeacon.com/issues/foreig...oups-tied-to-state-owned-russian-oil-company/
     
  2. poncho

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    #2 poncho, Jan 27, 2015
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  3. kyredneck

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    Well, there's nothing 'shadowy' about what the Saudis are doing about it, they're totally overt and up front about it:

    Saudis Tell Shale Industry It Will Break Them, Plans to Keep Pumping Even at $20 a Barrel

    "The Saudis plan to keep pumping until the US shale industry cries uncle. That means lower oil prices for longer and a smaller rebound."

    ....heheh, and CMG thinks the Saudi's target is Iran; their target is NOT Iran ,IT'S US!

    (hey, but, enjoy the bennies from the 'gas war' as long it lasts)
     
    #3 kyredneck, Jan 27, 2015
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  4. InTheLight

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    So both the Saudis and the Russians have good reason to shut down the U.S. fracking of energy products.
     
  5. poncho

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  6. kyredneck

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    He's really bad about missing the point that others make. Perhaps it's because of tunnel vision to his own POV.
     
  7. carpro

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    Looks that way.:thumbsup:
     
  8. Salty

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  9. kyredneck

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    Think about it, so does every other oil exporting nation on the planet. Except the Saudis are dealing with it NOW, no bones about it. They're threatening to kill the fracking industry right in the crib, and they actually have the mojo to do it. No need to be sneaky or 'shadowy' or covert about it. Hard core capitalism at it's finest.
     
    #9 kyredneck, Jan 27, 2015
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  10. InTheLight

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    I see. Like the Canadians, the British, the Chinese, the Mexicans, Kuwait, etc.?

    They are the only oil producing country with enough output that can influence the fracking industry with over production. Other nations might want to kill the U.S. fracking industry but only the Saudis have the resources to do it.
     
  11. church mouse guy

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    I don't think that the Saudis are in on a Soviet effort because Russia is involved with Iran and the Saudis are scared to death of a nuclear Iran. However, the Saudis do want to shut down our oil industry so that we will be dependent upon them.

    Part of the drop in the price of oil is the bad economy worldwide and, of course, our market has been dropping for a couple of days as the news from December was not good.

    No, the Saudis are trying to hurt Russia, Iran and the USA. They also have damaged Venezuela and Cuba, which, as you know, receives 100,000 barrels of oil per day from Caracas. Also hurt would be Bolivia and Ecuador, also client states of Venezuela.
     
  12. kyredneck

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    Like I said, enjoy the bennies of this price war as long as it lasts, which could be for a while; I feel for the investors and those whose livelihoods come from the fracking industry though.

    "....The recent drop in oil prices poses a major challenge to the frackers. But oil producers, Wall Street analysts, and most industry experts claim the setback will be brief and minor.

    Don’t believe them.

    The basic economics of fracking—what it costs to drill versus what oil now sells for—spells big trouble for the shale boom. At best, today’s producers may be able to hold production close to current levels. What’s gravely endangered is the advertised bonanza that virtually everyone deemed inevitable just a few short months ago......"
    http://fortune.com/2015/01/09/oil-prices-shale-fracking/

    I wooda thunk that saavy Wall Street types would have anticipated the possibility of this happening.
     
    #12 kyredneck, Jan 28, 2015
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  13. church mouse guy

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    Personally, I think that it will last until it is clear that Iran does not have any nuclear capability. Some on Wall Street have said that oil could sink to $35 per barrel. A truck driver told me that the Chinese are buying a lot of diesel and that diesel is still high.
     
  14. kyredneck

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    You keep repeating that as if it's true and I can find nowhere where Iran is the target; some Japanese CEO theorizes the target could be ISIS, but Iran is never mentioned. You got a source or citation for this? BTW, Iran is already hurting from the sanctions imposed on them, not the oil glut.

    why are saudis lowering oil price?


    OPEC out to kill the fracking industry
     
  15. church mouse guy

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    I will try to find a source for you. Iran's Achilles' heel is that most of their budget income is oil. Many Arabs are opposed to Iran.

    Here is a source:

    http://www.wnd.com/2015/01/saudi-arabia-in-oil-price-war-with-iran-russia/

    Also, it is in the news today that Iran cancelled a mission to the Saudis to protest the falling price of oil and the Saudi roll in that.
     
    #15 church mouse guy, Jan 28, 2015
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  16. Salty

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    (Post # 8)
    In the Light -
    My apology for this post within your thread. I thought I was starting a new thread. --I have now done so - click here for new thread.

    Sorry o, so sorry
     
    #16 Salty, Jan 28, 2015
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  17. preachinjesus

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    Not only is Russia coordinating this campaign...they're also causing the earthquakes in states and regions that have almost never had them.


    Dastardly deeds for sure.
     
  18. Bro. Curtis

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    Russia is suffering over the cut in oil prices. I thought, from the beginning, the Saudi's aren't doing this over fracking, but to hurt Putin.
     
  19. poncho

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    Can anyone actually prove any of this or have conspiracy theories suddenly become all the rage here now because Russia and Iran might be involved?
     
  20. church mouse guy

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    That is the common American opinion from the media who seek to ignore that the real target is Iran because the media still has a slobbering love affair with Obama. Obama has no intentions of doing anything to stop Iran. Obama is a liar.
     

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