Officials from the two Middle Eastern nations issued their warnings during a May 10 conference of the Organization of the Petroleum Exporting Countries (OPEC) held at the UAE’s capital Abu Dhabi.
“The world needs to wake up to an existing reality. The world is running out of energy capacity at all levels. I am a dinosaur, but I have never seen these things,” Prince Abdulaziz bin Salman, the Saudi energy minister, told Bloomberg during the conference.
Meanwhile, Emirati Energy Minister Suhail al Mazrouei pointed to reduced investments in fossil fuels as a factor driving the spikes in fuel prices. He told Bloomberg during the same meeting that without additional global investment, OPEC and its associate nations under the OPEC+ banner would be unable to guarantee crude oil supplies for its customers.
“We’ve been warning about the lack of investment, [and] that lack of investment is catching up with a lot of countries,” said al Mazrouei.
Saudi Arabia and the UAE are among the few oil-producing giants investing in greater output. To this end, both countries are spending billions of dollars to boost their crude oil production by two million barrels per day (bpd) by the end of the 2020s. Meanwhile, other producers are struggling with investments as both Western shareholders and governments are pivoting toward “green energy.” (Related: Saudi Arabia starts shift to green fuel production, builds $5B hydrogen plant.)
The 23-nation OPEC+ alliance announced a 432,000 bpd increase in June on May 5, but the collective is struggling to achieve that goal as many members are producing crude oil below their quotas. The latest OPEC+ survey conducted by S&P Global Commodity Insights found that the collective fell short of its production targets by 2.59 million bpd in April.
“We, OPEC+, cannot compensate for the whole 100 percent of the world requirement. How much we produce, that is our share. And actually, I would bet that we are doing much more,” remarked the Emirati energy minister.
Al Mazrouei: Don’t blame crude oil producers for high fuel prices
According to al Mazrouei, major crude oil producers should not be blamed for the rise in fuel prices. He added that fingers should instead be pointed at the politicization of the oil market and high taxes in nations that import OPEC products.
“We are getting a fraction of what the companies and governments are making from those extra taxes,” the Emirati official said.
Both al Mazrouei and bin Salman also denounced a proposal in the U.S. Congress aimed at OPEC, explaining that the bill “would bring greater chaos to already strained energy market.” If it gets signed into law, the bill could push oil prices by threefold, the UAE’s energy minister noted.
U.S. Senate Bill 977 or the No Oil Producing and Exporting Cartels (NOPEC) Act of 2021 was approved by the Senate Judiciary Committee on May 5 in a 17-4 vote. With the committee’s approval, the bill now needs to be voted on by both chambers of Congress before President Joe Biden signs it into law.
If it becomes law, the NOPEC Act would allow the U.S. government to sue OPEC for violating antitrust laws – given that it controls the majority of the world’s oil supply and prices. The cartel itself, its individual member countries and other affiliates under OPEC+ could be sued in federal court.
“If you hinder that system, you need to watch what you’re asking for. Because having a chaotic market would see a 200 or 300 percent increase in [fuel] prices that the world cannot handle,” al Mazrouei told CNBC.
Ultimately, both the Emirati and Saudi energy ministers issued a joint statement calling for both OPEC and non-OPEC countries to cooperate in order to address the ongoing energy crisis. “The world needs to work collectively, responsibly [and] comprehensively … in salvaging the world economy,” bin Salman said in the statement.
FuelSupply.news has more stories about the ongoing energy crisis.
Watch this Fox Business report below about the surge in diesel prices.
This video is from the NewsClips channel on Brighteon.com.
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The World Economic Forum Deleted a Document Revealing That Wuhan’s Mayor Attended WEF Events.
The World Economic Forum has removed a document from its website, which revealed the attendance of the Mayor of the Chinese city of Wuhan – which hosts the lab believed to be responsible for COVID-19 – at one of its events.
Former Wuhan Mayor Tang Liangzhi is included on the World Economic Forum’s (WEF) list of attendees to its 2013 “Meeting of the New Champions.” The event, hosted in China, is described by the WEF as the “premier gathering in Asia of leaders of multinational corporations [and] governments.” “The Meeting was held in close collaboration with the Government of the People’s Republic of China,” explains the WEF meeting summary.
A link containing a 42-page document, which revealed hundreds of attendees at the event, reroutes users to an error page reading “Apologies – this section of our website is currently unavailable.” An archived version of the webpage, however, reveals a document containing a list of the event’s participants, including the then-Mayor of the Wuhan Municipal Government Tang Liangzhi.
Tang, 61, served as Mayor of Wuhan from 2011 to 2014 before serving in the same role in other cities including Chengdu and Chongqing. He was later promoted in December 2021 to the Party Branch Secretary of the Anhui Provincial Committee of the Chinese People’s Political Consultative Conference (CPPCC), which has been identified as the “highest-ranking entity overseeing” China’s United Front by the U.S. government.
The effort aims to “to co-opt and neutralize sources of potential opposition to the policies and authority of its ruling Chinese Communist Party” and “influence overseas Chinese communities, foreign governments, and other actors to take actions or adopt positions supportive of Beijing’s preferred policies.” The U.S. State Department also compares the United Front to the Chinese regime’s “magic weapon” to compromise Western politicians and elites.
Tang’s ties to Wuhan follow controversy of the city and one of its premier laboratories, the Wuhan Institute of Virology, potentially being the source of COVID-19. The lab, which is under the control of the Chinese Communist Party, manipulated bat coronaviruses with striking genetic similarities to COVID-19 to become deadlier to humans.
The WEF has also been accused of exploiting COVID-19 to advance its transformational social, political, and business agenda through its push for the “Great Reset.”
Read the deleted file:
CDC Warns Gay Men of Higher Monkeypox Risk as Disease Spreads at European Sex Parties
The U.S. Centers for Disease Control (CDC) on Monday said that gay and bisexual men have a “greater chance” of catching monkeypox, adding that they make up a “notable fraction of cases” in the latest global outbreak.
“In some cases, during the early stages of illness, the rash has been mostly in the genital and perianal area,” CDC HIV/AIDS Division Chief Medical Officer Dr. John Brooks said. “In some cases, it has produced anal or genital lesions that look like other diseases like herpes or chickenpox or syphilis.”
While monkeypox can infect anyone, experts say, the outbreak is more prevalent among the LGBTQ+ community. “Anyone, anyone, can develop [and] spread monkeypox infection, but … many of those affected in the current global outbreak identified as gay and bisexual men,” Brooks said.
With LGBTQ+ Pride Month kicking off after Memorial Day weekend, experts at the CDC are warning the community about the potential to catch monkeypox.
“Some groups may have a greater chance of exposure right now, but by no means is the current risk of exposure to monkeypox exclusively to the gay and bisexual community in the U.S.,” he said.
The CDC added that monkeypox does not pose a great risk to the general community in America at this time.
“It is likely that there are going to be additional cases reported in the United States,” said Dr. Jennifer McQuiston, deputy director of the CDC’s Division of High Consequence Pathogens and Pathology.
“What we’re trying to do by bringing attention to the fact that some of these cases have had a genital and perianal presentation is just to remind people that people may come in for an evaluation of what they think is an STD, but we’d like the provider to think ‘could it be monkeypox as well?’ if the circumstances fit the story,” Brooks added.
“Anyone can spread monkeypox [from] contact with body fluid or monkeypox sores or respiratory droplets when close to someone,” Brooks said.
Symptoms of monkeypox include “swollen lymph nodes, headache, fever, muscle aches and fatigue. The disease then progresses into a rash and lesions that blister and scab over. This can happen all over the body” for two to four weeks.
According to initial data, England, Spain, and Portugal have seen the most confirmed cases of monkeypox — a total of 134 with 60 more suspected — among other western countries including the Netherlands, Italy, France, Canada, Belgium, Israel, Australia, Sweden, Greece, Switzerland, and Austria.
Valiant News previously reported that UK health authorities are warning gay and bisexual men to be alert for monkeypox, a disease that they say has been spreading “in sexual networks” in the country.
Experts have since pinpointed a “leading theory” that original spread of the disease occurred through sexual transmission at raves held in Spain and Belgium.
In Madrid, which has seen 30 cases of the disease, authorities are now investigating a Gay Pride event in the Canary Islands as a potential source of their outbreak.
In Germany, four confirmed cases have been linked to exposure at “party events … where sexual activity took place” in Spain’s Canary Islands and in Berlin.
Thus far in the U.S., there has been one confirmed case of monkeypox in Massachusetts.
Six more suspected cases of the disease have been identified in Florida, New York, Utah and Washington state –with four of those expected to be confirmed soon, according to reports.
Andrew White is a Northern Virginia native. His work has been previously featured on Alex Jones’ Infowars and Revolver News. White is a constitutionalist Patriot, who focuses on social issues, election integrity, globalism, US politics, as well as general corporate and government corruption.
T-Shirt Prompts Juror Dismissal in Parkland Shooter Nikolas Cruz’s Death Penalty Trial
Almost a dozen potential jurors were dismissed from the death penalty trial of Nikolas Cruz, after a teacher wore a t-shirt with a message dedicated to the victims of the shooting at Marjory Stoneman Douglas High School.
Cruz, who was 19 at the time, killed 17 people and wounded 17 others in a school shooting at the school in Parkland, Florida, in February 2018. After pleading guilty to 17 counts of murder and 17 counts of attempted murder, he is currently involved in his death penalty trial in Fort Lauderdale.
However, a t-shirt caused the dismissal of almost a dozen jurors on Monday. One potential juror, who identified herself as a teacher, wore a t-shirt during the selection of jurors for the Cruz trial that was emblazoned with the slogan, “Teachers Strong #neveragain #msdstrong.” The t-shirt was in burgundy, the colours of Marjory Stoneman Douglas High School.
Assistant Public Defender Melisa McNeill first drew attention to the t-shirt, with the juror saying that the teachers “all wore them after” the shooting in 2018. “Do you know if other jurors saw you with your shirt on or were you apart from people?” McNeill asked. “I was standing with them, so I’m sure they saw me,” the juror answered.
“I am also a teacher, and I don’t think that I would be really a good fit for this case,” the juror said. She also claimed that she suffers from a supposed medical condition that allegedly prevents her from sitting down “for long periods of time.”
After she was excused for her “medical hardship,” 10 other jurors were dismissed from the Cruz case over her t-shirt. “If it’s 10 jurors that we’re going to let go, that’s better than having an issue that causes this case to get reversed over something like this,” McNeill said. “I know it is an inconvenience Judge but it is either an inconvenience now, or it is going to be an inconvenience later.”
Assistant State Attorney Michael Satz agreed with the decision to remove not only the potential juror, but the whole group who had been with her, “out of an abundance of caution.”
Unsurprisingly, Broward Circuit Judge Elizabeth Scherer was not pleased with the actions of the potential juror. “She obviously did that on purpose to get out of jury duty,” Judge Scherer said. “I’m just saying, I think it was irresponsible.”
The bailiff has been instructed to watch out for any clothing issues with further jurors, and pull them aside before they enter the rest of the potential juror pool.
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