US Becomes Net Oil Exporter for First Time in 75 Years

 

US Becomes Net Oil Exporter for First Time in 75 Years
Texas Oil Field Matthew Busch/Bloomberg News

America turned into a net oil exporter the week of Nov. 26, breaking 75 years of continued dependence on foreign oil and marking a pivotal — even if likely brief — moment toward what President Donald Trump has branded as “energy independence.”

The shift to net exports is the dramatic result of an unprecedented boom in American oil production, with thousands of wells pumping from the Permian region of Texas and New Mexico to the Bakken in North Dakota to the Marcellus in Pennsylvania.
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​ U.S. crude shipments reached a record 3.2 million barrels the week of Nov. 26, government data show.
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The shale revolution has transformed oil wildcatters into billionaires and the United States into the world’s largest petroleum producer, surpassing Russia and Saudi Arabia.

​The power of OPEC has been diminished, undercutting one of the major geopolitical forces of the last half century.

The cartel and its allies are meeting in Vienna this week, trying to make a tough choice to cut output and support prices, risking the loss of more market share to the United States.

“We are becoming the dominant energy power in the world,” said Michael Lynch, president of Strategic Energy & Economic Research. “But, because the change is gradual over time, I don’t think it’s going to cause a huge revolution, but you do have to think that OPEC is going to have to take that into account when they think about cutting.”

Oil Output

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The United States sold overseas last week a net 211,000 barrels a day of crude and refined products such as gasoline and diesel, compared with net imports of more than 2 million barrels a day on average so far in 2018, and an annual peak of more than 12 million barrels a day in 2005, according to the U.S. Energy Information Administration.

EIA said the United States has been a net oil importer in weekly data dating to 1991 and monthly data starting in 1973.

Oil historians who have compiled even older annual data using statistics from the American Petroleum Institute said the country has been a net oil importer since 1949, when Harry Truman was at the White House.

On paper, the shift to net oil imports means that the United States is today energy independent, meaning Trump has achieved a rhetorical aspiration for generations of American politicians, from Jimmy Carter to George W. Bush.

​In reality, the United States remains exposed to global energy prices, still affected by the old geopolitics of the Middle East.

While the net balance shows the United States is selling more petroleum than buying, American refiners continue to buy millions of barrels each day of overseas crude and fuel.

https://www.ttnews.com/articles/us-becomes-net-oil-exporter-first-time-75-years

Bush1 time chronicles

I found this an interesting read

The Feds first received Whistleblower evidence that the Clinton Foundation was laundering money back in 2017, around the same time that Special Counsel John Huber and his team of 470 investigators began their probe into “all things Clinton.”

On Sat. Dec. 8 a federal indictment was unsealed that connected the Clinton Foundation to Money Laundering as unveiled in the Panama Papers.

The charges included Conspiracy to Defraud the United States, Conspiracy to Commit Wire Fraud, Conspiracy to Commit Tax Evasion, Wire Fraud, and Money Laundering Conspiracy.

This one of the first indictments to be unsealed, fulfilled the promise that this week Declass documents would be made public as a cover for the RV/GCR release.

Release of the 800#s was expected during a Stock Market crash. Three weeks ago the Stock Market lost all gains for the year, has stayed muddled in or close to the red ever since, closed for the weekend in the red and for the second time wiped out all gains for the year, with no recovery in sight.

TNT claimed that private exchanges for those in Tier 4 Group B (us, the Internet Group) have taken place in the banks since Mon. Dec. 3. They took a break on Tues, perhaps because at 6pm EST Tues. Dec. 4 the new Quantum Financial System was said to have integrated and went live online, while also on Tues. Dec. 4 and for the first time in history, the new asset/gold backed USTN currency began trading on par with the asset/gold backed Zimbabwe Dollar and the Iraqi Dinar.

According to Q, Wed. Dec. 5 was the deadline for a bankrupt Cabal to pay back their $1.4 quadrillion debt – which didn’t happen, leaving the banks free to start exchanging again on Wed. Dec. 5.

Bruce claimed that by Thurs. Dec. 6 some Humanitarian Groups and the Tier 4 Group A had been paid out. If so, this would leave all Tiers 1, 2, 3, plus Tier 4 Group A, funded.

Tier 4 Group B (us, the Internet Group) were said to be next and could go at any time.

TNT  claimed that a intel source in Iraq indicated that there was a 95% chance the RV/GCR would happen this weekend, and a 100% chance that it would happen next week. Rumor floating around was that the RV/GCR would occur directly after the BRETIX vote next Tues. Dec. 11.

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B. Restored Republic:

After the RV/GCR there was said planned a two week transitional period until the end of Dec that may necessitate Martial Law. The reason for Martial Law went back to the morning right before Trump’s inauguration when he paid a visit to CIA headquarters. The CIA, FBI, Department of Justice, Homeland Security and other related government agencies were suspect to hold and/or be run by Cabal plants who had big stakes in the Federal Reserve fiat dollar system staying as is, with no Global Currency Reset.

It was said that morning at the CIA even before Trump took office, he ordered an investigation into the Pizzagate/ Pedogate scandals suspected to be connected to the Clintons and a Satanic Mind Control, CIA-funded, Vatican-run international Child Sex Trafficking, Gun and Drug Running Ring enforced by various mafias across the globe (called the Satanic Ninth Circle Child Sacrifice Cult. See Kevin Annett, the ITCCS and the International Common Law Court of Justice in Brussels, ICLCJ:
\www.itccs.orghttp://beforeitsnews.com/contributor/pages/243/590/stories.html).

Right after Trump took that oath of office he appointed John Huber as special counsel, a former Attorney General lawyer from Utah (site of the Homeland Security Super Computer said to be three football fields long and six stories high underground). Trump supported Huber by hiring 470 investigators with a mandate to investigate “all things Clinton” including emails, murders, abuses of the Foreign Intelligence Surveillance Act (FISA), Obama/Clinton connections to Benghazi and the Uranium 1 deal with Russia, plus child exploitation, rape and murder in the Pizzagate/ Pedogate Scandals that were believed connected to the Satanic Mind Control, CIA-funded, Vatican-run international Child Sex Trafficking, Gun and Drug Running Ring.

As of Dec. 8 Huber’s team had filed over 63,322 indictments in federal courts across the nation. Mass arrests that would follow named members of the Cabal, Politicians and Global Elites and were expected to cover charges of Treason, Bribery, Money Laundering, Election Fraud, Illegal use of Public Monies, Blackmail, Human Trafficking, Gun and Drug running, plus Child Exploitation including Kidnapping, Pedophilia and Murder done under protection of the Satanic Mind Control, CIA-funded, Vatican-run international Child Sex Trafficking, Gun and Drug Running Ring.

Trump’s Nov. 29 raids targeted Hillary Clinton’s money laundering banks throughout Europe and the home of Dennis Nathan Cain, said done to establish a “chain of custody” evidence stream to prove Hillary Clinton bribery in the Uranium One Scheme. Another raid happened that Nov. 29 in the offices of Alderman Edward Burke, a powerful Chicago politician who has held his position in Chicago politics for 50 years and was said to know where all the Obama-Clinton bodies were buried. Nov. 29 also saw criminal charges filed against Hillary Clinton mega donor Abul Huda Farouki.

By Dec. 5 loyal Trump forces announced their criminal charges against Mossack Fonseca—the legal firm of the Panama Papers that were strongly connected to the Clinton Foundation (11.5 million leaked documents that detailed financial and attorney–client information for more than 214,488 offshore entities).

Dramatic testimony against the Clintons began Dec. 4 with Loretta Lynch (who was said to be ratting on Clintons to save her own skin) testifying in the Epstein (of “Pedogate Island” fame) Civil Trial. That trial was likely to include Hillary Clinton’s campaign manager, well known pedophile John Podesta. Next week a Congressional committee would begin hearings on the Clinton Foundation, while listening to John Huber’s and Julian Assange’s testimonies and even Hillary Clinton herself. https://thehill.com/opinion/white-house/420131-feds-received-whistleblower-evidence-in-2017-alleging-clinton-foundation

Q has said that the FISA declassification would “bring down the House.” By year’s end completion of arrests and the beginning of prosecution on Political Elites would likely dissolve the US Congress (3/4 of Congress were said to be named in the indictments); Central Banks would be reorganized and the Federal Reserve and IRS would be eliminated. Sometime in Dec. we could expect announcement of the US Restored Republic, GESARA Law and a new Tax System. Military Tribunals for those Elites sent to GITMO would begin in Jan, with new US elections completed by April-May 2019.

C. Dec. 8 2018 7:37 am EST First DOJ Indictments Unsealed – Clinton Money Laundering, Mason: First DOJ Indictments Unsealed — Clinton Foundation-Connected Bank Tied to Money Laundering Daily Crusader Charles Hunter Mason

1. Federal prosecutors announced charges this Tuesday against four men connected to the law firm “Mossack Fonseca”, which has extensive ties with the Clinton Foundation.

2. The charges, which include Conspiracy to Defraud the United States, Conspiracy to Commit Wire Fraud, Conspiracy to Commit Tax Evasion, Wire Fraud, and Money Laundering Conspiracy, come merely three years after the leak of the Panama Papers by the ICIJ, and pushed heavily by Wikileaks. The papers were received by the German newspaper Suddeutsche Zeitung in 2015 from an anonymous source.

3. The charges line up with several of the sealed indictments requesting wiretaps, PRTT orders, and search warrants which were leaked by the DOJ recently and reported on by the Daily Crusader (see our full report on the DOJ’s leaked search warrant indictments: PART ONE HERE and PART TWO HERE)

4. The charges filed Tuesday Dec. 4 lay out a scheme by which participants would hide their assets in foreign tax havens away from the prying eyes of US and other sovereign nations taxation authorities, presumably to avoid paying taxes and possibly to have assets available should they ever need to flee their respective home countries for their alleged treason.

5. Authorities have successfully arrested three of the four men; Dirk Brauer, a 54-year-old German investment advisor for Mossfon Asset Management; Richard Gaffey, a 74-year-old U.S. accountant; and Harald Joachim von der Goltz, an 81-year-old German-born client. Mossack Fonseca attorney Ramses Owens, a 50-year-old from Panama, remains at large.

6. The charges were all levied by U.S. Attorney Geoffrey Berman in the Southern District of New York, which FBI Anon heavily suggested in 2016 would be where the Clinton Foundation would be taken down.

7. In a statement, Berman said: “For decades, the defendants, employees and a client of global law firm Mossack Fonseca, allegedly shuffled millions of dollars through off-shore accounts and created shell companies to hide fortunes. In fact, as alleged, they had a playbook to repatriate un-taxed money into the U.S. banking system. Now, their international tax scheme is over, and these defendants face years in prison for their crimes.”

8. One of the clients, listed as “Client 3” began cooperating with the DOJ, using voluntary wiretaps and by meeting with undercover agents in America and overseas, in January 2017, heavily lending credence to Daily Crusader’s theory (see our full report on the DOJ’s leaked search warrant indictments: PART ONE HERE and PART TWO HERE) that some of the Cabal crimes being handled by DOJ were necessarily ordered investigated by the President, due to the nature of their “50 USC” statute violations.

9. Eleven charges were outlined in the indictment against the four men.

Clinton Foundation-connected associates which are related to Mossack Fonseca include Gabrielle Fialkoff, finance director for Hillary Clinton’s first campaign for the U.S. Senate; Frank Giustra, a Canadian mining magnate who has traveled the globe with Bill Clinton; a member of the Chagoury family, which pledged $1 billion in projects to the Clinton Global Initiative; and Chinese billionaire Ng Lap Seng, who was at the center of a Democratic fund-raising scandal when Bill Clinton was president. Also using the Panamanian law firm was the company founded by the late billionaire investor Marc Rich, an international fugitive when Bill Clinton pardoned him in the final hours of his presidency.

10. Some of the most consistently reliable news sources, such as RT, have been reporting about the connection between the Clinton Foundation and Mossack Fonseca since at least early 2016.

11. It appears that Clinton Campaign Director and well-known Pedophile John Podesta was on the executive board of a client of Mossack Fonseca!

Source: http://www.investmentwatchblog.com/justice-gov-an-attorney-with-a-panama-law-firm-which-listed-podesta-as-a-board-member-was-just-indicted-for-money-laundering-and-tax-evasion/

Source: https://www.wnd.com/2016/10/hillary-campaign-chief-tied-to-russian-money-laundering/

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D. Feds First Received Whistleblower Evidence that Clintons were Laundering Money in 2017: https://thehill.com/opinion/white-house/420131-feds-received-whistleblower-evidence-in-2017-alleging-clinton-foundation

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E. Internal Documents Prove That Facebook Is A Lawless, Data-mining Criminal Operation: https://eraoflight.com/2018/12/08/internal-documents-prove-facebook-lawless-data-mining/

​F. Dec. 8 2018 2:02 am EST Bush, the New World Order Crime Boss, McShay: George H.W. Bush: The New World Order Crime Boss Patrick J. McShaySecret NewsWhistleblower

1. Bombings are sponsored by the Pentagon and the state-sponsored American Defense contractors that rely on endless war to stay in business, and encouraged by their new BFF’s in Israel, who are not content unless Muslims somewhere are being tormented, bombed and displaced.

2. Osama bin Laden was known as Tim Ossman when he worked for the CIA, and Saddam Hussein was once a great friend and ally before that turned bad. The only weapons of mass destruction Saddam had were the ones the US Government shipped to him.

3. CIA Asset Susan Lindauer said that she was briefed about 911 four months before the attack and was a liaison in negotiations with Saddam Hussein before the Iraq invasion. She said the Bush Administration knew Iraq had no weapons of mass destruction and said Saddam offered to buy a million cars a year for 10 years if they would leave Iraq alone. Lindauer came forward as a whistleblower and soon after meeting with John “Traitor” McCain, she was SWAT Teamed, arrested under the Patriot Act and thrown into a military prison for nearly a year. Prosecutors put a gag order on Lindauer upon her release to keep the truth from the American people.

4. There was a week-long George Bush funeral extravaganza and a lying media that depicted Bush as a great president and an even greater guy, with no mention at all that Bush had been a central figure in the New World Order Cabal for over 60 years. Bush was recruited into the CIA out of Yale where he was tapped for membership into the Masonic death cult, Skull and Bones.

5. Father Prescott Bush was a board member of Union Bank – that financed Hitler’s army in the same war that George H.W. became a hero. Charged with trading with the enemy and losing some assets, Prescott got a slap on the wrist and later became Senator Bush.

6. By 1954 Bush was a wealthy man and his Zapata Oil was being used by the agency to stage and arm rebels in Cuba seeking the ouster of Fidel Castro. The code name of the Bay of Pigs invasion was “Operation Zapata”, and the ships used in the operation were named the “Houston”, and the “Barbara J”. In 1969, Zapata Oil bought the United Fruit Company of Boston which is known to have longstanding ties to the CIA.

7. JFK did not support The Bay of Pigs Invasion, fired CIA Director Allen Dulles, who some believe was Bush’s mentor at the agency, and swore to splinter the CIA in a million pieces. Deputy Director Charles Cabell was also fired after the disastrous Bay of Pigs fiasco and coincidentally, his brother was the mayor of Dallas on the day that Kennedy was assassinated. To say that these two took their firing badly is an understatement. Dulles led the cover-up that zeroed in on the patsy, Lee Harvey Oswald.

8. This event, with military, FBI, CIA, and Mafia corroboration, I believe shows that this was the first mission for “Operation Gladio” in America. Operation Gladio was a US/NATO sponsored covert operation to attack innocent citizens in Europe that were blamed on terrorists or Communists or whoever they wanted to demonize at the time. See my articles, “Operation Gladio And The False Flag Muslim Terror Hoax”, and “Las Vegas: American Gladio”. Fear among the populace was the goal then, just as it is today.

9. Other American Gladio events are being played out in these nationwide mass school shootings that author, former Naval Intelligence Officer and whistleblower William Cooper said were part of a secret CIA program to use drugs and hypnosis to program school shooters. He said that almost 3 decades ago.

10. There is a great picture of George H.W. Bush in front of the book depository after the JFK Assassination. Don’t expect to see it in the mainstream media. Bush’s father, Prescott Bush, was a U.S. Senator in the ’50s and a close advisor of President Eisenhower. Bush was said to have personally organized the assassination squad known as “Operation #40 around this time. Members of Operation #40 are known to have been involved in the Kennedy assassination, Watergate, Martin Luther Kings assassination and the assassination of Bobby Kennedy and John Lennon to name just a few. Many believe that the Kennedy assassination marked the beginning of the final phase of the New World Order.

11. Bush was a big supporter of NAFTA that sent millions of jobs overseas, has the FOX Team forgotten that? He and his CIA cronies made billions in their Savings and Loan theft that millions of Americans lost their life savings, was that not worth a mention by the crack team over At FOX? Bush’s son, Neil should have gone to prison in that scandal and would have had he not been a Bush.

12. I wrote in my article,” Kennedy, Lennon, Reagan, And 911: The Bush Connection”, that there was something that the media was covering up about the assassination attempt on President Ronald Reagan and no one seems to know about it. That fact is that So-called assassin John Hinckley Jr is the son of a friend, business partner, and longtime neighbor of George Bush’s in Houston, John Hinckley Sr. Hinckley’s other son Scott was best friends with Bush’s son Neil.

Patrick J. McShay on Twitter @PMcshay

Related Articles by Patrick J. McShay:

*JFK, The CIA, And The Mainstream Media Deception
http://www.thetruthseeker.co.uk/?p=160412

*Kennedy, Lennon, Reagan, 911, The Bush Connection
https://www.blacklistednews.com/article/58792/jfk-lennon-reagan-and-911–the-bush.html

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G. Dec. 8 2018 7:33 pm EST Historical Bonds Redeemed 1st Week in Jan, Tilton: “First Week of January” – Philip Tilton Intel Update 12-8-18

1. HSBC Bank in Zurich has been exchanging and paying out digitally.

2. HSBC Bank in Zurich Historical Bond payment would begin next week.

3. The majority of Historical Bonds with private buy/sell orders would be done the first week in Jan.

4. The 3rd week in Jan. would be our platform.

Courtesy of Dinar Chronicles

https://inteldinarchronicles.blogspot.com/2018/12/restored-republic-via-gcr-update-as-of_9.html