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Posts Tagged ‘Suez Canal’

American Warships Heading to Egypt

February 7, 2011 Comments off

Connecticut’s newspaper The Day noted on January 24th:

Connecticut National Guard Detachment 2, Company I, 185th Aviation Regiment of Groton has mobilized and will deploy to the Sinai Peninsula, Egypt, to support the Multinational Force and Observers.

The unit left Connecticut Jan. 15 for Fort Benning, Ga., for further training and validation. The unit operates C-23C Sherpa aircraft and has deployed three times in the last seven years in support of the conflicts in Iraq and Afghanistan.

The unit will provide an on-demand aviation asset to the Multinational Force and Observers commander to support its mission of supervising the security provisions of the Egypt/ Israel Peace Treaty.

Yesterday, the Los Angeles Times reported:

The Pentagon is moving U.S. warships and other military assets to make sure it is prepared in case evacuation of U.S. citizens from Egypt becomes necessary, officials said Friday.

The Kearsarge, an amphibious assault ship carrying 700 to 800 troops from the 26th Marine Expeditionary Unit, and the Ponce have arrived in the Red Sea, putting them off Egypt’s shores in case the situation worsens.

Pentagon officials emphasized that military intervention in Egypt was not being contemplated and that the warships were being moved only for contingency purposes in case evacuations became necessary.

In addition to the Marines, the Kearsarge normally carries around four dozen helicopters and harrier jets that would permit evacuations and other humanitarian operations, the officials said. More than 1,000 Marines from the Kearsarge were sent to Afghanistan last month on a temporary deployment, leaving roughly one-third still aboard, officials said.

The Kearsarge is an attack vessel.

As Wikipedia notes:

In carrying out her mission, Kearsarge not only transports and lands ashore troops, but also Read more…

Days of Rage, Oil Prices, and the Suez Canal

February 4, 2011 Comments off

Kurt Nimmo
Infowars.com

Bloomberg warns today that an act of sabotage or a decision by a new regime – possibly headed up by the Muslim Brotherhood – to close the canal and its oil pipeline to punish supporters of Egyptian dictator Hosni Mubarak could send oil prices through the stratosphere.

Egyptian troops currently guard the canal and its adjacent Suez-Mediterranean oil pipeline but that does not mean the flow of oil – more than 1.7 millions barrels per day – cannot be shut down.

About 2.5 percent of global oil production moves through Egypt via the Suez Canal and the Suez-Mediterranean Pipeline, according to Goldman Sachs.

From 1967 until 1975, Egypt kept the canal closed in response to Israel’s seizure of Arab territory, forcing tankers to travel around the Cape of Good Hope.

Earlier today, investors increased bets that oil prices will likely increase as much as $250 a barrel on concern the unrest in Egypt will shut down the flow of oil through the Suez Canal and spread to Saudi Arabia.
Lindsey Williams and Bob Chapman on the Alex Jones Show, January 28, 2011.

On January 28, Lindsey Williams told Alex Jones the situation unfolding in Egypt is a carefully engineered event instigated by the global elite as part of a plan to bankrupt the United States and send shock waves through the global economy.

In December, Williams told Jones that his insider connections said the price of oil will soon skyrocket to between $150-200 per barrel and this price increase will result in gasoline in the range of $4-5 per gallon.

Williams became a friend and trusted confidant of oil industry executives while serving as chaplain for them and their construction crews building the Alaska pipeline in the 1970s.

Market analysts are unsure how the current crisis will Read more…

Muslim Brotherhood: ‘Prepare Egyptians for war with Israel’

February 2, 2011 1 comment

YAAKOV LAPPIN

A leading member of the Muslim Brotherhood in Egypt told the Arabic-language Iranian news network Al-Alam on Monday that he would like to see the Egyptian people prepare for war against Israel, according to the Hebrew-language business newspaper Calcalist.

Muhammad Ghannem reportedly told Al- Alam that the Suez Canal should be closed immediately, and that the flow of gas from Egypt to Israel should cease “in order to bring about the downfall of the Mubarak regime.” He added that “the people should be prepared for war against Israel,” saying the world should understand that “the Egyptian people are prepared for anything to get rid of this regime.”

Ghannem praised Egyptian soldiers deployed by President Hosni Mubarak to Egyptian cities, saying they “would not kill their brothers.” He added that Washington was forced to abandon plans to help Mubarak stay in power after “seeing millions head for the streets.”

Oil Prices: Egypt’s Crisis Could Hurt Europe First

February 1, 2011 Comments off

CHARLES WALLACE

Some crude oil prices brushed $100 a barrel Monday as fears escalated that the violence in Egypt would spread to other parts of the oil-producing Middle East. But so far, no reports have surfaced that the disturbances in Egypt have disrupted oil deliveries.

Brent crude oil surged to $99.97 a barrel on London’s ICE futures exchange, up about 5% since the beginning of last week, when violence spread from Tunisia to Egypt. In U.S. trading, West Texas Intermediate shot up 1.7% on Monday, but was still about $10 a barrel cheaper than Brent crude, its European counterpart.

Julius Walker, a senior analyst at the International Energy Agency in Paris, says the organization has received no reports that oil shipments were being delayed, but the website of the agency that runs the Suez Canal has been shut down by the ban on Internet use in Egypt, so a precise reading isn’t available.

“Nothing has been affected. It’s just the worry of it,” Walker says.

A Chokepoint for Europe-Bound Oil

Egypt is a small oil producer, and its output is almost exactly equal to Read more…