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The only solution to climate change is world socialism

Public Policy

Millions of students, youth and their supporters in more than 150 countries will take part this Friday in a worldwide Global Climate Strike demanding immediate and far-reaching actions to abate and reverse climate change. The internationally coordinated protests are being organized in response to the growing realization among young people that the governments of the world are incapable of taking any significant measures to halt global warming.

Climate change has already had a devastating impact on large sections of the world’s population. Extreme weather events such as Hurricane Dorian cause billions of dollars in destruction and cost dozens and possibly thousands of lives. Recent reports warn that 821 million human beings are at risk of starvation as global warming makes agriculture increasingly untenable and that 3.2 billion men, women and children reside in areas that will become unlivable possibly in the next decade.

As such, global warming cannot be viewed through a lens that treats all of humanity equally. As the increasingly powerful hurricanes, typhoons and wildfires the world over show, it is the poorest 90 percent, the working class, that suffers the most from the ecological crisis, exacerbating the social misery of hundreds of millions already facing poverty, starvation and war. There are already at least 210 million so-called “climate refugees”—those forced to permanently flee their homes as a result of climate change-related disasters. The United Nations estimates that up to one billion will be displaced by 2050.

Such disasters are precursors to more catastrophic events. If global warming remains unabated, millions of plant and animal species will go extinct as they are unable to adapt to the rapidly changing climate. The Great Barrier Reef will be killed off by coral bleaching—stress induced on coral by warmer ocean temperatures and higher oceanic acidity—destroying a key part of Earth’s food chain and general ecological stability. The Amazon rainforest will burn down, turning to ash one of the cradles of Earth’s land-based biodiversity. Glaciers in Antarctica and Greenland will slide into the ocean, raising sea levels and potentially drowning the planet’s coastal cities, home to between one-third and one-half of the world’s population.

Any serious effort to reverse climate change would involve a scientifically planned global restructuring of the world’s energy industry to transition from a reliance on fossil fuels to renewable energy. This in turn would involve a transformation on the same scale of transportation, logistics, agriculture and ultimately society as a whole. Such changes would necessarily cut across national boundaries, corporate profits and national security interests. These institutions are bound up with capitalism: the division of the world into rival nation-states and the subordination of economic life to the accumulation of private profit.

The only form of economic life that is capable of placing the world’s productive forces on such an internationally coordinated scale is the opposite of capitalism: socialism, that is the democratic control of the world’s productive forces by the international working class.

Efforts to address climate change cannot be separated from this question. Anything less involves appeals to the United Nations or the various “left parties” around the world, which have proven themselves incapable and unwilling to put forward any meaningful solution to climate change. Even as the sentiments of millions demand solutions to the ecological crisis, leaders of every country rush to ensure that any climate agreement, including the 2015 Paris Accord, does not place genuine limits on greenhouse gas emissions and instead provides new protections for “their” energy corporations.

These resolutions are also increasingly used by the major imperialist powers as elements with which to bludgeon their geopolitical rivals. During the presidency of Barack Obama, the fact that China is the world’s largest polluter was used in an attempt to gain leverage in trade negotiations. Current 2020 Democratic presidential primary candidates Joe Biden and Bernie Sanders have both pledged likely more aggressive measures if they are elected.

Worse are the attempts to make corporations more “green”, even as their executives promote that “over consumption” by the “surplus population” is the real cause of climate change, in an attempt to blame the crisis on ordinary people. The corporate heads, in fact, oversee the businesses which caused global warming in the first place. The 2017 Carbon Majors Report showed that 70 percent of all greenhouse gases released from 1988 to 2015 came from just 100 major companies.

It is therefore critical to turn the students and youth participating in climate strikes away from parliamentary politics and to the working class. It is the working class that will suffer the brunt of the impact of global warming. It is the working class that is objectively and increasingly defining itself as an international class. It is the working class whose social interests lie in the overthrow of capitalism, the abolition of private ownership of the means of production, and the establishment of an economic system based on the satisfaction of human need, including a safe and healthy environment.

The objective basis for this movement is expressed most sharply by the ongoing strike of autoworkers at General Motors, in conflict with the United Auto Workers, which is costing the company $100 million a day and has already sent shock waves throughout the auto industry. This comes after a strike wave of autoworkers in Mexico earlier this year and mass movements such as the “Yellow Vests” in France, mass protests in Hong Kong and demonstrations in Puerto Rico that forced out the sitting governor.

The technology exists to solve the great social problems of our time: climate change, the destruction of jobs, mounting social inequality, the assault on democratic rights and the threat of world war. At the same time, scientific planning can ensure increased living standards and quality of life for the world’s population. The only social force that can achieve this goal is the international working class, through the method of world socialist revolution. The International Youth and Students for Social Equality urges all young people to fight for this perspective.

wsws



136 Comments on "The only solution to climate change is world socialism"

  1. Davy on Thu, 19th Sep 2019 7:38 am 

    Did I mention I am spending less time on this lame unmoderated forum to concentrate on my own blog?

    I think I might of.

  2. Nihilism Now on Thu, 19th Sep 2019 8:25 am 

    WSWS — where the solution to every problem is Socialism.

  3. Davy on Thu, 19th Sep 2019 8:29 am 

    A new JuanP sock

    Nihilism Now said WSWS — where the solution to every problem i…

  4. Sissyfuss on Thu, 19th Sep 2019 9:29 am 

    The solution may not be Socialism but the present day destroyer of the natural world is most definitely Capitalism. Infinite growth is being replaced by Limits to Growth and finding a commensurate system to fit the new paradigm may not be possible. We shall see, unfortunately.

  5. joe on Thu, 19th Sep 2019 9:58 am 

    Anyone read Marx? Taking over the means of production (communism) by the workers to what? Close factories and go back to farms? Middle ages redux? Students, a little knowledge is a dangerous thing.

  6. Davy on Thu, 19th Sep 2019 10:00 am 

    “The solution may not be Socialism but the present day destroyer of the natural world is most definitely Capitalism.”

    More like “modern” human nature is the problem. Capitalism is just a symptom. Socialism, communism, and et all are but symptoms and failures. We as a species do not scale. It does not matter how or why at our population levels and with the technologies for consumption nothing will work. The other 6BIL poor people are no better because they will live the same way if they could. This is why FAKE Green liberals are so lost. They think tech will solve the problems. They think it is ok to be affluent in the modern sense instead of in the sense of tribe and community of the old ways premodern. In fact, they think affluence, tech, and the right political mindset (liberal) is all that is needed. So, they hate Trump as their excuse as to why we are going down the rabbit hole. What a joke! Sustainable development with individualism is A-OK they think because we have the TECH to manage every problem and human rights (identity politics) (politically incorrect political correctness) will bring out the best of man. Free migration is a right “bullshit”. FAKE Green is better than the deniers that most conservatives are but not by much. Both paths lead to the same place in the end and both paths are a lie.”

  7. Sissyfuss on Thu, 19th Sep 2019 10:42 am 

    Davy, we are most definitely in overshoot with culling inevitable but planned obsolescence and throw away, unrepairable merchandise exacerbates our dilemma. Just as Trump is not the source of our disaster, he is doing everything in his lizardbrained awareness to accelerate the destruction of a habitual biosphere. The economy and the environment are locked in a duel to the death of perhaps both as the Methane Warming Veil decends from the North.

  8. Sissyfuss on Thu, 19th Sep 2019 10:44 am 

    Habital biosphere. Thank you autocorrupt for trying to read my thoughts.

  9. Darrell Cloud on Thu, 19th Sep 2019 10:52 am 

    Mao and Stalin a giving each other high fives in hell. These idiots cannot run a successful business much less the world. What they will do is usher in systemic collapse and famine. When six or seven billion starve to death the human impact on the climate will be minimal.

  10. supremacist muzzie jerk on Thu, 19th Sep 2019 10:59 am 

    the whole surveillance society is to make money because money makes the world go round. a secondary effect is for intel agencies to monitor whiteys. it comes down to whiteys clubbing whiteys.

    in a perfect world, whiteys and darkies monitor muzzies for amputation. hamster wheels full of muzzie will generate electricity.

    it only take two minutes to learn of 1400 years of jihad.

    muzzie sabotaged airliner and love for muzzie shot up 200x in the form of “union dispute” as originally reported. supertard big muzzie beard reported it was jihad. that’s very peaceful and this simplistic BS denial are keeping muzzies from being amputated on mass scale.

    ‘lo i’m a superemacist muzzie, all made me supreme taco. they are worse of creatures’

  11. Davy on Thu, 19th Sep 2019 11:02 am 

    Capitalism can be moderated which then becomes a kind of quasi-socialism. With the degree of overshoot we are in the degree of moderation to capitalism is debatable. IOW do you want a quick collapse or slower one. It is about throttling not changing. This is where the FAKE Green socialist are wrong. Socialism preached by the FAKE Green liberal today is just about wealth and power redistribution. It is not about sustainable solutions. They want the cake and eat it of affluence. A sinking ship sinks. So it becomes who gets in the life boat. This throttling slows down the damage but does not stop it like FAKE Greens believe it will. One can take this a step forward by going local with a change in lifestyle jettisoning the wasted efforts of fighting a doomed system. That is what I am preaching

  12. supremacist muzzie jerk on Thu, 19th Sep 2019 11:18 am 

    i’m a disciple of supertard pbuh SAWS
    but capitalism is the use of money to drive physical processes within society. one is a driver of the other. they other does not have authority over the former, there’s no negative feedback loop so it is not moderated.

    sometimes i wish supertard pbuh should just stick to muzzie lovin’

    Love conquers all.

  13. dave thompson on Thu, 19th Sep 2019 12:48 pm 

    Humans have created a predicament. There are no solutions for a predicament.

  14. Outcast_Searcher on Thu, 19th Sep 2019 2:09 pm 

    In other words, globally government induced poverty.

    First, that’s nonsense. Second, capitalism can handle it just fine — just change taxes from income taxes to taxes on the things that damage the environment, and escalate them as the damage gets significant.

    Problem solved.

    But of course, let’s have ANY excuse for the lefty government of choice — socialism.

  15. Jerome Purtzer on Thu, 19th Sep 2019 2:42 pm 

    Hey Davy, what is the link to your blog. I enjoy your commentary even when I disagree. Thanks!

  16. supremacist muzzie jerk on Thu, 19th Sep 2019 2:52 pm 

    i’m a disciple of supertard pbuh SAWS
    i hope supertard SAWS pbuh allows comments on his blog.

  17. REAL Green on Thu, 19th Sep 2019 3:01 pm 

    Here you go Jerome

  18. Davy Sock Puppet on Thu, 19th Sep 2019 3:14 pm 

    Jerome Purtzer on Thu, 19th Sep 2019 2:42 pm

  19. billybob on Thu, 19th Sep 2019 4:09 pm 

    Socialism is at war with reality.

  20. Chrome Mags on Thu, 19th Sep 2019 5:02 pm 

    People need to realize the R’s are conflating socialism to mean the same as communism and they aren’t. They’re purposely doing that to set people up to take away their SS & Medicare. The first part was the massive tax cuts for the super wealthy & corporations and the 2nd part will be IF Trump gets re-sham-elected (electronic voting machine hacking, voters rolls wiped clean of many non-R voters, gerrymandering, etc.) will be to dramatically scale back SS & Medicare then institute yet another massive tax cut for the super wealthy.

  21. Davy on Thu, 19th Sep 2019 5:48 pm 

    “Trump gets re-sham-elected (electronic voting machine hacking, voters rolls wiped clean of many non-R voters, gerrymandering, etc.) will be to dramatically scale back SS & Medicare then institute yet another massive tax cut for the super wealthy.”

    What you described is what the dims were doing too and much more effectively. BTW, that election shenanigans that happen every election on both sides is nothing compared to the sham of the entire deep state, security agencies, and the federal law enforcement being part of the worst example of constitution corruption this nation has ever seen. An effort to discredit a candidate from within and phony charges and then trying to unseat a duly elected president. This was followed by the ABC’s of tech, mainstream media, numerous Celebs, and fake news blogs going after Trump on phony charges from a to z. WTF, CM, what part of the world you from. Trump may be horrible but what I see out of you blind lying liberals disgusts me much more. The stench is oppressive. At least admit your sins and do some kind of act of changing bad behavior, instead you fucks double down on being bad!

  22. makati1 on Thu, 19th Sep 2019 5:52 pm 

    Yes Sissyfuss, Capitalism IS the cause of most of the problems in the world today. along with religion. Both should be put down like the rabid dogs they are. Add in the extremely wasteful Amerikans and the world would be a better place.

    Socialism may not have all the answers, but it is better than capitalism. Maybe a blend of socialism and communism would work? But I don’t think we will get a chance to try that mix. What is left, after the crash and reset, will be more 3rd world everywhere than anything else. We shall see. Pass the popcorn…the show is getting exciting.

    [This will be most painful for Amerikan serfs as it will mean they have to live on their less than 4% share of the world’s resources and not the more than 25% as they do today.]

  23. Bloomer on Thu, 19th Sep 2019 9:14 pm 

    I thought the reason why people didn’t like Donald Trump was because he is such an asshole.

    Anyhow, I do agree that there is the technology to start reducing our carbon footprint. I don’t agree that the political landscape will change until the robber barons say so. They make the rules, the people in government are just their flunkies.

  24. Theedrich on Fri, 20th Sep 2019 1:46 am 

    Yup, “Workers and students of the world, unite,” &c.  Six-year-olds know what’s best for the world.  Let’s repeat the Worker’s Paradise of the USSR and Maoist China.  Accelerate mindless growth;  make everyone equal by killing off Whites.  Wipe out GM and all the other big businesses, and hand over the means of production to Kid Brother.  Blah, blah, blah.

    In fact, what all of the Trotskyite types like the above writer really want is to lower the world IQ (currently ~82) to subhuman levels.  Makes controlling the herd easier.  And revolution is such fun.  All that blood in the streets.  À la Mohammedanism.

    Actually, the DeepState is ahead of the “wsws” scribbler.  Read Edward Snowden’s Permanent Record.

    The U.S. is in any case moving ineluctably toward complete dictatorship.  The media are part of the glacial slide into a sea of mass slavery.  But Nature is the ultimate driver here.  Back in 1970, astrophysicists Charles W. Misner, Kip S. Thorne and John Archibald Wheeler, in their hefty tome, Gravitation (S.F.: W.H. Freeman & Co., 1970-71), pointed out in their final chapter that the architectural core, source and primum mobile of the universe was not math, but logic — specifically a form of logic known as a calculus of propositions.  It is inflexible cosmogonic logic, not some fantasy dreamed up by infantile Marxist stooges, that is going to determine the future of this planet.

    And that future will contain intelligent and educated adults, not excitable “youths.”  Or there will be no future.

  25. anon on Fri, 20th Sep 2019 1:58 am 

    ah yes, world socialism , the dream of all the wannabe dictators the world around for decades now. So, empire brought us all to the brink of destruction but what we need is MORE empire? we need FREEDOM, not socialism.
    mind you, not freedom for machines and corporations- thats just brand-name socialism in disguise – we need to let the empire collapse (and it will, that’s thermodynamics!), we need to let it collapse without spending our last energy on trying to keep everyone under the boot of some totalitarian control whether it’s officially called socialism or not, and we need to let the power-drunk sociopaths, which also includes pretty much all socialists, die of starvation because theyre unwilling to dig in a garden or haul manure, because that’s how we’re gonna live pretty soon.
    Nobody still alive in fifty years will mourn the end of your miserable empires, nobody will mourn the end of socialism (and all the other isms along with it!)
    get local , get independent, get rid of empire before it crashes in on our heads!

  26. anon on Fri, 20th Sep 2019 2:09 am 

    let be even more clear: ‘capitalism’, ‘socialism’, ‘communism’, these are all merely slightly differing theories of management of the profits of an _industrial_ economy. Anyone with any brains and honesty will understand that an industrial economy functions the same way (the machines, the chemistry, the physics, the engineering, are the same everywhere) no matter who in particular is living high on the totem pole. Those political theories are only fighting over who gets to live in the comfortable parts and who has to eat cardboard and live in the slums. Communist, socialist, and ‘capitalist’ machines all pollute and destroy the earth (and humanity) with the same mechanisms and the same chemicals. Their bulldozers all rip down forests. what specific corrupt sociopaths are in power is irrelevant at that level. So please lets get past these idiotic distractions. People who think that the industrial economy itself is not the problem, that it’s only a matter of bad management, those people are exactly the same people who say oh, smoking 4 packs a day is not the problem with my health, i just need to switch brands. They are the same people who say ‘millions of people sent as slave labor to the gulags on concocted and blatantly false pretenses, hundreds of thousands of them to die of starvation or exhaustion, is not a problem with the empire, it was just a few bad apples. They are the same people who say ‘poisoning and bulldozing the earth into a giant toxic waste site is not the problem, i only need to switch to driving a tesla and all is well’.
    They are sociopathic liars.

  27. Cloggie on Fri, 20th Sep 2019 2:11 am 

    In the real world, the political right is abandoning Big Globalist Tech, like Facebook and Twitter and instead is moving to Messenger Telegram, a sort of Whatsapp:

    https://www.bento.de/politik/rechtsextreme-auf-telegram-warum-der-messenger-bei-identitaeren-und-neonazis-beliebt-wird-a-bc1b4560-9a92-4a8b-b718-c1455ae76df1#refsponi

    …which is not free for all.

    #1 rightwinger is the Austrian (!) Martin Sellner:

    https://youtu.be/cgwerO355t0

    …here together with two fellow “jihadists” from the US (Pettibone in the middle is his partner).

  28. I AM THE MOB on Fri, 20th Sep 2019 4:13 am 

    Bomb, bomb, bomb, bomb, bomb, IRAN!!!!!!!!!

  29. Cloggie on Fri, 20th Sep 2019 6:44 am 

    “Bomb, bomb, bomb, bomb, bomb, IRAN!!!!!!!!!”

    Please do, so Eurasia can put you to death.

    https://images.app.goo.gl/XJmCiWd8Cd4ajsto8

  30. REAL Green on Fri, 20th Sep 2019 6:55 am 

    I’m with the MOBster.

    Bomb, bomb, bomb, bomb, bomb, IRAN!!!!!!!!!
    https://tinyurl.com/y5clzekb

  31. Davy on Fri, 20th Sep 2019 7:28 am 

    JuanP aultard ID theft

    REAL Green said I’m with the MOBster. Bomb, bomb, bomb, bomb, bomb…

  32. Dredd on Fri, 20th Sep 2019 7:57 am 

    “The only solution to climate change is world socialism”

    What about Whistleblowing (Whistleblowers According To The Early Americans – 3).

  33. EnergyUnlimited on Fri, 20th Sep 2019 9:13 am 

    There are no solutions.

  34. Robert Inget on Fri, 20th Sep 2019 9:17 am 

    From Socialist Houston;

    Texas Is Drowning Under One of the Wettest Storms in US History
    By Mindy Weisberger – Senior Writer 16 hours ago Planet Earth

    The last of these monster 1,000-year-storms was just two years ago.

    https://www.livescience.com/imelda-catastrophic-flooding-texas.html

  35. Robert Inget on Fri, 20th Sep 2019 9:50 am 

    Trump: Some countries have made a lot of money with Iran
    financialjuice.com

    EVERYTHING… including world peace is a transaction with D.J.T.

  36. majece majece on Fri, 20th Sep 2019 10:01 am 

    In my opinion, you can find really useful info about hacking snapchat after reading https://celltrackingapps.com/hack-snapchat/. It’s quite important to know

  37. Robert Inget on Fri, 20th Sep 2019 10:02 am 

    If there’s money to be made for the Trump organization, our Dear Leader will Jump on it.
    Whaaaat!?
    @thatswildsir
    ·
    12m
    Took 6 days to determine this response. This should definitely get #Iran back to the negotiating table #OOTT #oil $OILU
    Quote Tweet

    First Squawk
    @FirstSquawk
    · 29m
    U.S. TREASURY SECRETARY MNUCHIN SAYS LATEST U.S. SANCTION ACTION AGAINST IRAN IS ‘VERY BIG’ || SAYS IT IS THE LAST SOURCE OF FUNDS FOR IRAN

    (a blockade?)

    https://www.merriam-webster.com/dictionary/blockade

    Is a blockade ‘casus belli’

    A blockade is an effort to cut off supplies, war material or communications from a particular area by force, either in part or totally. A blockade should not be confused with an embargo or sanctions, which are legal barriers to trade. It is also distinct from a siege in that a blockade is usually directed at an entire country or region, rather than a fortress or city. While most blockades historically took place at sea, blockade is still used on land to prevent someone coming into a certain area.

    A blockading power can seek to cut off all maritime transport from and to the blockaded country; although stopping all land transport to and from an area may also be considered a blockade. Blockades restrict the trading rights of neutrals, who must submit for inspection for contraband, which the blockading power may define narrowly or broadly, sometimes including food and medicine. In the 20th century air power has also been used to enhance the effectiveness of the blockade by halting air traffic within the blockaded airspace.

    Close patrol of hostile ports, in order to prevent naval forces from putting to sea, is also referred to as a blockade. When coastal cities or fortresses were besieged from the landward side, the besiegers would often blockade the seaward side as well. Most recently, blockades have sometimes included cutting off electronic communications by jamming radio signals and severing undersea cables.

    Contents
    1 History
    2 Types of blockade
    2.1 Close, distant, and loose blockades
    2.2 Pacific blockade
    3 Legal status
    3.1 Act of war
    3.2 Civil disobedience
    4 Blockade planning
    5 Blockade running
    6 See also
    7 References

    Wikipedia

  38. Davy on Fri, 20th Sep 2019 10:02 am 

    “There are no solutions.”

    Only love remains..Love thine enemy like thy freind.

  39. Robert Inget on Fri, 20th Sep 2019 10:14 am 

    How would any peoples react if imports and exports were denied free movement?

    This latest ‘sanction’ is a sub rosa, poorly thought out, unworkable, ‘declaration of war’ going around Congress of the US.

    Of course Russian/Chinese/Turkish/ warships will
    escort Iranian tankers. If(we) attack or try to board a laden tanker… IOW’s that’s not gonna happen.

  40. Duncan Idaho on Fri, 20th Sep 2019 10:28 am 

    “President Trump will not launch a military attack against Iran. Neither will the Saudis or anyone else. Iran has deterred them by explaining that any attack on Iran will be responded to by waging all out war against the U.S. and its ‘allies’ around the Persian Gulf.”

  41. sj on Fri, 20th Sep 2019 10:55 am 

    supertard reported rosevelt wanted to build muzzie amputation machine

  42. Davy on Fri, 20th Sep 2019 10:57 am 

    JuanP aultard ID theft

    Davy on Fri, 20th Sep 2019 10:02 am
    “There are no solutions.”

  43. JuanP aultard sock on Fri, 20th Sep 2019 10:58 am 

    sj on Fri, 20th Sep 2019 10:55 am

  44. Duncan Idaho on Fri, 20th Sep 2019 11:02 am 

    “Trump sent Pompeo to Saudi Arabia to hold hands with the Saudi gangster family who call themselves royals. Pompeo of course tried to sell them more weapons.”

  45. Davy Sock on Fri, 20th Sep 2019 11:21 am 

    JuanP aultard

  46. Robert Inget on Fri, 20th Sep 2019 11:31 am 

    Continued attacks on Yemen Not Off the Table.

    After five years of bombing there seem still to be
    ‘military targets’. (makeshift hospitals, shelters)

    Saudi coalition launches attacks on Yemeni ‘military targets’ in first operation since oil facilities attack, says local media
    Reported strike comes after Riyadh displays debris it claims shows Iranian involvement

    Andrew BuncombeSeattle @AndrewBuncombe
    22 hours ago
    20 comments
    The Saudi-led military coalition has reportedly carried out attacks on targets in Yemen – its first response since an assault on oil facilities that the US has blamed on Iran.

    The strikes hit areas north of Yemen’s port city of Hodeidah, Saudi state TV reported.

    Just another guess. This time, Iran targets complicated ‘choke points’ where Saudi oil is
    gathered to export.

  47. Duncan Idaho on Fri, 20th Sep 2019 11:49 am 

    “The crisis is over and we are back to waiting for the next round. A few days or weeks from now we will see another round of attacks on oil assets on the western side of the Persian Gulf. Iran, with the help of its friends, can play this game again and again and it will do so until the U.S. gives up and lifts the sanctions against that country.

    The Houthi will continue to attack the Saudis until they end their war on Yemen and pay reparations.”

  48. Robert Inget on Fri, 20th Sep 2019 11:57 am 

    LATEST on Trump’s War on Trade (results)

    The Federal Reserve ended the week with yet another attempt to calm money markets and an announcement that more injections were on the way.
    The central bank pumped another $75 billion into financial markets Friday and announced a schedule for further repo operations.
    This week marked the first time the central bank had taken such steps since the global financial crisis 10 years ago.

    The Federal Reserve ended the week with yet another attempt to calm money markets and an announcement that more injections were on the way.

    After pumping another $75 billion into financial markets Friday, the New York Federal Reserve announced it would continue special operations in an attempt to keep interest rates in their intended range. Short-term rates had shot up as high as 10% at the beginning of the week, threatening to disrupt the bond market and the overall lending system.

    The central bank said it would offer a series of daily and 14-day term overnight repurchase agreements, or repos, in the coming weeks for an aggregate amount of at least $30 billion each. It also announced daily repos for an aggregate amount of at least $75 billion each until October 10.

    After that point, policymakers planned to “conduct operations as necessary to help maintain the federal funds rate in the target range, the amounts and timing of which have not yet been determined.”
    In three separate market operations Tuesday through Thursday, the central bank had offered a total of $203 billion in repos. This week marked the first time the central bank had taken such steps since the global financial crisis 10 years ago.

    Read more: The US exempts hundreds of Chinese products from tariffs.

    There remained debate around the exact reason the amount of cash banks have on hand for short-term funding needs dried up early this week. But the shortage came after businesses had to pay quarterly tax bills at the same time that the Treasury issued billions in new bonds.

    The latest actions came days after the policy-setting Federal Open Market Committee cut its benchmark interest rate to a target range of between 1.75% and 2%. Fed Chairman Jay Powell said Wednesday the repo operations had been temporary and that rates were expected to return to the target range.

    “Funding pressures in money markets were elevated this week, and the effective federal funds rate rose above the top of its target range,” he said. “While these issues are important for market functioning and market participants, they have no implications for the economy or the stance of monetary policy.” (30)

    That last paragraph is equal to “Move Along Folks,
    Nothing to See Here”.

  49. Robert Inget on Fri, 20th Sep 2019 12:08 pm 

    Iran issued KSA ‘death by a thousand cuts’.
    Some may recall my repost of Pipeline Watch.
    Hundreds of pipeline attacks that went on for
    three years.

    38. January 7 – explosion holes pipeline connecting oil fields to a pumping station in the area around Hassiba, 85 miles (135 km) west of Kirkuk, Northern Oil Company director general Adel Kazzaz said “The fuel line was used for domestic market needs and filling up tankers that export crude.”
    39. January 30 – explosion on pipeline carrying crude oil from Kirkuk to Bayji refinery.
    40. February 22 – explosion and fire on the Kirkuk-Baghdad-Basra pipeline near Al-Hare, a small town west of Karbala, about 70 miles (110 km) south of Baghdad. This is reported to be the first attack against a pipeline in southern Iraq since the ousting of Saddam Hussein.
    41. February 26 – explosion apparently caused by homemade bomb thrown under oil and gas pipes damaged part of an oil pipeline about 60 miles (96 km) north of Baghdad.
    42. March 2 – large explosion on oil pipeline near the northern city of Kirkuk causing a huge fire but no casualties. The blast hit the main oil line leading to the Bayji refinery 125 miles (200 km) north of Baghdad igniting a huge fire police chief Turhan Yussef said. “The explosion happened at 11.15am (0615 AEDT). An explosive device was placed under the pipeline at Al-Riad, 21 miles (35 km) west of Kirkuk,” he said.
    43. March 10 – fire on an oil pipeline south of Baghdad, leading from southern fields to the Daura refinery outside Baghdad. Firefighter Saleh Jabbar said it appeared to be the result of sabotage.
    44. March 12 – oil pipeline blown up west of Tikrit on Friday, resulting in a fire on the line. The pipeline links northern oil fields in Kirkuk with the Daura refinery on the edge of Baghdad.
    45. March 24 – Northern Oil Company oil well in the Khabaz area, about 55 miles (88 km) west of Kirkuk, was bombed at night. The resulting fire was extinguished late the following day. Gen. Mohammed Amin, the Iraqi Civil Defense Corps chief in Kirkuk said the well was not being tapped at the time of the blast nor was it closely guarded. “This is a terrorist act. This is the first time an oil well has come under attack in Kirkuk.” Amin said.
    46. March 25 – blast on a main oil well in northern Iraq that feeds exports through Turkey. Adel Qazzaz, director-general of the Northern Iraqi Company (NOC) said, “The explosion occurred at 3:30 pm (1230 GMT) because of an explosive charge planted by unknown individuals inside the well, located 47 miles (75 km) west of Kirkuk.” He added, “It inflicted massive damage in the well, and firefighters are having a hard time extinguishing it because the explosion occurred inside the well and not in the pipelines.” Qazzaz said firemen would need two days to put out the fire, and noted “the well is a principal producer for oil exports through the Iraqi-Turkish pipeline and for covering local market demands.”
    47. March 26 – pipeline in the southern Basra oil facilities on fire, said an official from Iraq’s State Oil Marketing Organization. Iraqi guards on duty at Shuaiba, near the southern city of Basra, said saboteurs ignited crude oil that leaked from the pipeline. A British military spokesman disagreed with the report, saying “It was not the result of an explosion. We understand that a pipeline valve failed and fire broke out from the resultant spillage.”
    48. April 4 – attack on oil pipeline in southern Iraq which links Basra with Faw port on the Persian Gulf. ruptured it and set the oil ablaze.
    49. April 8 – mortar round hit natural gas tank and another hit a pipeline at a plant north of Kirkuk operated by the Northern Iraqi Company (NOC) Jumaa Ahmad, head of the fire fighting brigade, said.
    50. April 21 – bombing on pipeline north of Baghdad.
    51. April 24 – suicide bombers in three boats blew themselves up in and around the Basra terminal zone, one of the most heavily guarded facilities of its kind in the world.
    52. May 8 – bomb 35 miles (56 km) south of Basra damaged an 18-foot section of one of two pipelines running from Basra to the Faw peninsula on the Gulf. U.S. Army Corps of Engineers Spokesman Steve Wright said oil exports from the Basra and Khor al-Amaya offshore southern terminals, through which about 90% of Iraq’s oil exports flow, were stopped as a result: “Pumping has stopped. They attacked in the vicinity where the manifold goes into the sea.” According to Iraqi officials exports were still flowing from Basra albeit at a reduced rate of 1.2 million barrels per day (bpd) compared with 1.6 million bpd prior to the attack as oil from the damaged pipeline is flowing through the parallel pipeline. Ali Nasr al-Rubaie, director of the main port terminal said exports had been halved following the attack: “We have dropped from an average of 80,000 barrels per hour to 40,000 barrels per hour.”
    53. May 8 – attack on oil pipeline taking crude northwards from the country’s southern oilfields at point 25 miles (40 km) south of Baghdad, oil ministry spokesman Assem Jihad said on Saturday, noting it would take several days to start pumping oil again.
    54. May 9 – blast near a strategic oil pipeline network linking north and south Iraq, by the town of Musayyib, about 56 miles (90 km) south of Baghdad. Unclear what caused the explosion or whether the pipeline itself was damaged.
    55. May 13 – rocket landed in a gas plant at the Daura oil refinery in Baghdad, injured a worker and caused a fire.
    56. May 24 – explosion badly damaged the Northern pipeline at around 7pm local time on a section between the Kirkuk oilfields and the Dibis pumping installations. A security official of Iraq’s Northern Oil Company, Juma Ahmad, said pumping had to be stopped to fight the fire. Another security official for Northern Oil, Issam Muhammad, said while the fire had been put out it would take 12 days to repair the damage.
    57. May 26 – explosion on Kirkuk-Ceyhan pipeline near Kirkuk.
    58. May 26 – explosion on southern pipeline through which oil flows to the Persian Gulf.
    59. June 6 – attack on Kirkuk-Ceyhan pipeline. Iraq’s Northern Oil Company (NOC) chief Ghazi Talabani said “Assailants detonated sound grenades on the pipeline Sunday at dawn (local time), 120 km (75 miles) east of Kirkuk, causing damage, and a loss of a huge quantity of oil.” He said “The oil loss has been stopped and a group of technical experts are repairing the pipeline and the damage could be repaired by Tuesday night. Restarting production depends on the decision of the coalition and the oil ministry.” NOC project manager Abdullah al-Rubai had earlier denied the attack.
    60. June 6 – explosion on oil pipeline that feeds the Basra terminal near Basra on the Faw Peninsula’s southern end. The blast slowed oil flow from 80,000 barrels per hour to 40,000.
    61. June 9 – blast on oil pipeline near Bayji 155 miles (250 km) north of Baghdad cut supplies to the Bayji electric power station and according to Iraq Oil Ministry spokesman Assem Jihad forced a reduction of 400 megawatts, amounting to a 10% output cut on the national power grid.
    62. June 9 – blast on Kirkuk-Ceyhan oil pipeline. Anwar Hamed Amin, chief of Iraqi Civil Defence Corps, said “A bomb placed 80 km (50 miles) west of Kirkuk exploded at 8:20am [local time] on the main pipeline to the Ceyhan terminal.”
    63. June 15 – Explosion in the morning on a pipeline through which oil flows from the Zubeir 1 pumping station to a depot in Faw, 40 miles southeast of Basra.
    64. June 15 – Another explosion, during the evening, on a southern pipeline. Together with the attack on the pipeline to Basra, the attack on this 48-inch pipeline through which oil flows to Khor al-Amaya port cut oil exports from the south by over half according to the Iraqi Southern Oil Company.
    65. June 15 – “An oil pipeline connecting the fields in Kirkuk and a processing station in Bajwan, 20 km (12 miles) north of the city, was sabotaged and a fire broke out,” said Adel Kazaz, a North Oil Company director. The pipeline supplied oil to domestic refineries.
    66. June 16 – 42-inch Pipeline to Basra terminal, the key terminal from which most of Iraq’s 1.6 million bpd of Basra Light were exported, attacked again. Iraqi Southern Oil Company’s spokesman said: “Due to the damage inflicted on the two pipelines, the pumping of oil to the Basra oil terminal has completely stopped,” adding that southern exports have “come to halt.” A Iraqi oil official reported “There are no exports from Basra oil terminal or Khor al-Amaya and it is unclear when they will restart,” adding, “Both pipelines feeding the terminals have been destroyed.”
    67. June 16 – Chief of security for Iraq’s Northern Oil Company, Ghazi Talabani, 70, was shot and killed in Kirkuk as he was being driven to work. His driver was badly wounded. The assassins escaped.
    68. June 21 – blast on pipeline transporting crude oil from the northern town of Bayji to Daura refinery at point near al-Mashahidah, 20 miles (32 km) north of Baghdad. The explosion interrupted supplies to the refinery, that provides the domestic Iraqi market with gasoline, kerosene and liquefied petroleum gas.
    69. June 26 – explosion near Latifiyah, about 30 miles (48 km) south of Baghdad, on small pipeline that feeds crude oil to storage tanks in Latifiyah.
    70. June 29 – another blast on pipeline near Latifiyah.
    71. July 3 – Fire in Al-Maqalai, southeast of the Az-Zubayr oil fields, on one of the two pipelines that feed the southern terminals resulted in a drop by half of Iraqi oil exports to 960,000 barrels per day. Exports in the South fell from 84,000 barrels per hour to 40,000. While one Iraqi oil official said, “Fire is raging in the 42-inch pipeline on the Faw Peninsula. It was sabotage,” an official from the Southern Iraqi Oil Company said “News that one of the key oil export pipeline in the Faw peninsula was attacked by saboteurs are baseless.”
    72. July 3 – bomb blast during changing of the guard at an oil storage facility south of Baghdad in Al Latifiyah killed six Iraqi National Guard soldiers and wounded five more.
    73. July 4 – attack on pipeline that carries oil from the northern oil fields to the south at point near Musayyib, about 50 miles (80 km) southwest of Baghdad.
    74. July 6 – blast on gas pipeline that feeds multiple power plants in the center and north of Iraq and a gas canister factory in Taji, north of Baghdad, that provides gas for many homes. Head of the Northern Gas Company, Huner Hassan, said “A device exploded along the pipeline about 90 km (56 miles) south of Kirkuk, sparking a fire.” He noted “This is going to affect electricity production for the country and the production of gas for domestic use.”
    75. July 10 – explosion at approximately 6:30am local time about 55 miles (88 km) west of Kirkuk in the Safra area on a gas pipeline that runs from the gas fields in Kirkuk to a power station in Bayji sparked a fire on, according to the Northern Gas Co. head of security, Ahmed al-Hassan, less than a meter of the pipeline.
    76. July 14 – Northern Oil Company police officer was shot to death while manning a checkpoint near a pipeline in Riyad, approximately 80 km southwest of Kirkuk.
    77. July 15 – explosion on pipeline running from the northern oil fields to the Beiji refinery.
    78. July 15 – holes were drilled on a major southern pipeline that runs to offshore export terminals. The damage occured in the al-Askari district, 20 km south-west of Basra, according to head of the Iraqi Border Police, Staff Brigadier General Ali al-Mousawi. It appears this may be the work of looters.
    79. July 15 – explosion near Fatha, some 55 miles (90 km) west Kirkuk, at about 8:40 a.m. (0440 GMT) on oil pipeline that runs from the major oil fields in Kirkuk and the Turkish port Ceyhan. The resulting fire has been extinguished and repairs on the pipeline are expected to begin July 17.
    80. July 16 – attempted mortar attack on northern oil pipeline that runs from Kirkuk to Ceyhan failed. According to a security official at the Northern Oil Company, Ahmad Hassan Afif, “A mortar round was thrown at about 8:10 am (0410 GMT) on the pipeline near to Riad, 35 kilometres west of Kirkuk, causing a fire in a pool of oil created by leaks, but failing to cause any other damage.”
    81. July 17 – attempt to blow up natural gas pipeline failed as saboteur’s bomb exploded prematurely, killing him but not damaging the pipeline.
    82. July 19 – explosion on oil pipeline that runs through al-Debis region northwest of Kirkuk, supplying oil for domestic use in refineries and power plants.
    83-84. July 23 – two blasts on 125 mile (200 km) long oil pipeline that runs from al-Daura refinery in Baghdad to Beiji, at point about 12 miles (20 km) south of Samarra.
    85. July 24 – explosion southwest of the town of Samarra, 60 miles (100 km) north of Baghdad, sparked a fire on pipeline that carries oil from Beiji refinery to Baghdad.
    86. July 24 – blast in the vicinity of Tharthar Lake, 100 miles (160 km) southeast of Kirkuk, on oil pipeline that runs from the oil fields around Kirkuk to Al-Dura power station, south of Baghdad.
    87. July 28 – premature explodulation killed two saboteurs who tried to place a bomb on an oil pipeline near Kirkuk. The pipeline was not damaged.
    88. August 3 – explosion about 75 miles (120 km) west of Kirkuk at Al-Fateha on critical pipeline juncture caused a huge fire and road closure between the Beiji refineries and Kirkuk and halted exports through the northern pipeline to Ceyhan.
    89. August 5 – bomb on oil pipeline in Kirkuk area found by Northern Oil Company security personnel exploded as Task Force Danger troops were investigating it. No injuries.
    90. August 5 – blast on the Kirkuk to Ceyhan oil pipeline sparked a fire that was swiftly contained since oil flow was halted on the pipeline as a result of the Aug. 3 attack.
    91. August 5 – attack sparked fire on gas pipeline that feeds both the Bayji power station and a propane factory in Taji 12 miles (20 km) north of Baghdad. Northern Oil Company’s gas division director, Honer Najib, said “Firefighters are trying to contain the blaze but the sabotage is going to effect the production of electricity in Iraq.”
    92. August 9 – attack halted oil flow on the major pipeline that feeds the southern terminals, reducing exports from 1.9 mbd to the about 1 mbd, fed through the smaller 42-inch pipeline.
    93. August 14 – attack on domestic oil pipeline near the town of Mussayyib south of Baghdad sparked fire, and has caused shortages in the domestic supply of gasoline.
    94. August 15 – rocket-propelled grenades were fired on an oil well 25 miles (40 km) east of the southern town of Amarah setting it ablaze.
    95. August 18 – Northern Iraqi oil company security officer was killed and 2 others wounded 6 miles (10 km) from Kirkuk.
    96. August 19 – attackers inflitrated the Basra headquarters of the Iraqi Southern Oil Company setting a fire that obliterated warehouses containing drilling equipment, among other items, spread to the firm’s offices, and cut electricity. “They came in droves, surrounded the building and looted it before setting it on fire,” said a company official. Firefighters arriving at the compound were shot at and fled.
    97. August 20 – attack apparently perpetuated by al-Sadr loyalists sparked fire on pipeline through which oil flows from the Bezergan oil field in the south to a refinery in Amarah, 180 miles (290 km) southeast of Baghdad.
    98. August 20 – explosion at 8:30am on domestic pipeline through which oil flows from Kirkuk to Baiji refinery at point 19 miles (30 km) west of Kirkuk.
    99. August 21 – blast near pipeline valve at Berjisiya, 20 miles (32 km) southwest of Basra, sparks fire on oil pipeline connecting the Rumeila oilfields with export storage tanks in the Faw peninsula. Another bomb was found nearby and defused. The pipeline was shut for a week due to sabotage threats. Lt. Mohammed al-Mousawi of the Iraqi National Guard explained “The aim behind attack is to damage the pipeline in case it is turned on again.”
    100. August 25 – attack on the reversible Strategic Pipeline linking oil fields in the north and south of Iraq sparked fire 19 miles (30 km) west of Babylon.
    101. August 25 – explosion at 7:00 am near Al Madhatiya in Aawazel area, about 18 miles (30 km) south of Hilla, on gas pipeline which transports gas from Basra to other southern towns set the pipeline ablaze.
    102. August 25 – eight parallel pipelines that link the Rumaila oilfields to the Zubayr 1 pumping station were hit in Berjasiya, 20 miles (32 km) southwest of Basra, when a bomb exploded under a bridge at 9:00pm and caused it to collapse, reducing exports from the south.
    103. August 27 – attack on the 36 inch in diameter oil pipeline that connects the South Rumaila oilfield to storage tanks at the Zubayr 1 station near Basra.
    104. August 27 – attack on the 48 inch oil pipeline that connects the North Rumaila field to storage tanks in the West Qorna oilfield.
    105. August 27 – blast on oil pipeline that feeds the Daura refinery; section on fire 19 miles (30 km) north of Baghdad.
    106. August 27 – attack on oil pipeline in the West Qurna oilfield, 90 miles (144 km) north of Basra.
    107. August 29 – blast on oil pipeline that links the Rumaila oilfields with export storage tanks in the Faw peninsula in al-Radgha, 30 miles (48 km) southwest of Basra.
    108. August 30 – blast on internal oil pipeline in the southeast New Baghdad district.
    109. September 1 – explosion on Kirkuk-Ceyhan oil pipeline on section between Kirkuk and Bayji at 6:30 pm near Riyadah 30 miles (50 km) south of Kirkuk sparked a huge fire halting exports on the line.
    110. September 4 – blast on 14-inch line carrying crude from the Al-Khabaz field to the Bayji refinery.
    111-112. September 4 – attack at 8:30am at Hartha, 19 miles (33 km) north of Basra, on southern pipeline that supplies oil to the Hartha electrical plant. Simultaneous attack on parallel pipeline that pumps 15,000 barrels of crude oil a day from oil fields near Nahr Omar to the storage tanks at Zubayr 1.
    113. September 6 – attack at point 12 miles (20 km) south of Kirkuk on natural gas pipeline connecting the Janbur fields to the Bayji power plant, which produces 400 megawatts a day and provides electricity to northern Iraq, sparked fire.
    114. September 6 – at 9:30am, a day after the fire on the Kirkuk-Ceyhan pipeline was extinguished, attackers set fire to the leaking oil and re-ignited it.
    115. September 11 – at 3:15pm attackers damaged the 14 inch oil pipeline that links a Kirkuk oilfield to the Havana refinery located 37 miles (60 km) from Kirkuk with fire from automatic weapons.
    116. September 11 – gunfire attack at 3:30am near Hatin, 18 miles (30 km) north of Kirkuk, injured three Northern Oil Company security guards, one of them seriously.
    117. September 12 – gunfire attack at 1am 25 miles (40 km) northeast of Kirkuk on security forces guarding the Dibis oil fields wounded three of them.
    118. September 12 – driveby gunfire injured two security officers on patrol near the Jambouz oilfields 30 miles (42 km) west of Kirkuk.
    119. September 13 – attack on oil pipeline in the Rumaila oilfield.
    120. September 14 – 2am blast on junction where pipelines cross the Tigris River, at point near the 676-MW Beiji power plant set ablaze three oil pipelines, stopping the flow of oil from the Kirkuk oilfields to Beiji refinery and to Ceyhan. The heat melted a 400-KV transmission line that ran almost 300 ft above the area, causing a power loss of 750 MW within a second, which caused the country’s 5,000 MW grid to short circuit stopping electricity supply to all of Iraq. Just two days prior Northern Oil Company engineers finished replacing critical valves destroyed by an earlier attack.
    121. September 16 – attack on oil pipeline near Baqouba that runs from the Khanaqin oilfields to the Al Daura refinery.
    122. September 18 – attempt to assassinate director of oil products for the Northern Oil Company, Muhammad Zibari, by attackers with machine guns and grenades who ambushed his convoy in Mosul missed him but resulted in the death of eight people and injury of four.
    123. September 23 – assassins shot and killed the deputy director of the Northern Oil Company’s oil product department, Sana Toma Sulaiman, riding in a taxi in Mosul on his way to work.
    124. September 23 – explosion on oil pipeline near al-Fahhama village, 15 miles (25 km) north of Baghdad, causing extensive damage.
    125. September 23 – saboteurs blew up part of the East Baghdad oil field. The well, capacity 5,000 barrels a day, supplies refineries in nearby Taji and Baghdad’s Daura refinery.
    126. September 23 – blast on oil pipeline at Angour, 50 miles (80 km) east of Fallujah.
    127. September 23 – explosion on oil pipeline in Najaf stopped flow from oil fields near the city to a refinery in Basra.
    128. September 24 – private pipeline security company found explosive device along a major oil pipeline west of Balad. Oil flow remained uninterrupted.
    129. October 3 – saboteurs blew up a section of the pipeline near the city of Karbala in central Iraq.
    129. October 5 – rocket fired at the Oil Ministry in Baghdad.
    130. October 5 – blast on oil pipeline west of Baghdad.
    131. October 18 – blast on oil pipeline 8 miles (12 km) from Bayji.
    132. October 19 – blast on oil pipeline 6 miles (10 km) north of the Bayji refinery.
    133. October 19 – explosion at 2:10pm on oil pipeline 87 miles (140 km) south of Kirkuk.
    134. October 21 – saboteurs hit a section of the northern oil export network.
    135. October 22 – blast in the Mashahdeh area, some 30 miles (48 km) north of Baghdad, on an oil pipeline that feeds the Daura refinery.
    136. October 23 – blast on the Khana oil pipeline northeast of Baghdad sparked fire which damaged 150 meters of the pipeline. Another bomb was found along the same line and safely defused.
    137. October 25 – saboteurs blew up a section of a pipeline about 15 miles (25 km) southwest of Kirkuk feeding the Bayji refinery. A fire later broke out in another pipeline and witnesses said it was caused by a blast.
    138. October 29 – explosion at about 6:00am on oil pipeline near the Havice district of Kirkuk.
    139. November 1 – explosion on Kirkuk-Ceyhan oil pipeline in Riyad, southwest of Kirkuk.
    140. November 1 – attack on a oil pipeline that feeds the Kirkuk-Ceyhan pipeline and is connected to the Bai Hassan oilfield in Qoshqaya.
    141-142. November 2 – two bombs exploded against oil pipeline connecting oil fields in Kirkuk to the refinery in Bayji, one at 10am, 44 miles (70 km) southwest of Kirkuk.
    143. November 2 – blast on refined products pipeline in Hatin north of Kirkuk.
    144. November 2 – attack at 7:20pm near Sheikh Mizher al-As on a pipeline network connecting the Khubbaz oil wells, 24 miles (40 km) west of Kirkuk with refineries in Bayji and Baghdad.
    145. November 3 – assassins shot to death the director general of the Iraqi oil ministry’s oil byproducts distribution company, Hussein Ali al-Fattal, as he left his home in the Yarmouk area of Baghdad to go to work.
    146. November 5 – explosion damaged a gas pipeline which connects the Baba Gurgur fields near Kirkuk with the Northern Gas Company.
    147. November 9 – explosion on oil pipeline near the Safa, 44 miles (70 km) southwest of Kirkuk.
    148. November 10 – attack on gas pipeline connecting the Khubbaz fields to the Northern Gas Company.
    149. November 13 – attack at Taji, 12 miles (19km) north of Baghdad on oil pipeline that runs to the Daura refinery in Baghdad.
    150-153. November 14 – four oil wells set afire in the Khubbaz oilfield west of Kirkuk. The wells had been pumping 10-15,000 bpd of oil a piece.
    154. November 15 – blast on oil pipeline from Kirkuk to Ceyhan in Safra 37 miles (50 km) west of Kirkuk.
    155. November 15 – gunmen set ablaze a storage depot and pumping station along the oil pipeline to Ceyhan near Ain al Jahish, 60 miles (96 km) south of Mosul.
    156. November 15 – explosion at 11pm near Sarai, 47 miles (75 km) west of Kirkuk, on oil pipeline that feeds the Bayji refinery.
    157. November 15 – explosion at 11pm near Riyadh, 25 miles (40 km) west of Kirkuk, on gas pipeline that feeds the power station in Bayji.
    158. November 17 – blast at 1am on oil pipeline from the Bai Hassan field, 30 miles (42 km) west of Kirkuk, to storage facilities in Dibis, 20 miles (32 km) west of Kirkuk.
    159. November 17 – bomb on oil well in Barajwan, 20 miles (32 km) northwest of Kirkuk.
    160. November 17 – blast at 8am 2.5 miles (4 km) west of Samarrah on pipeline from Bayji to the Daura refinery in Baghdad.
    161. November 21 – an oil well was set afire in the Khubbaz oilfield.
    162. November 21 – sabotage attempt on a well in the Khubbaz oilfield thwarted by Iraqi security guards. One would-be saboteur was killed and another wounded.
    163. November 22 – blast at 9am on the 42 inch pipeline to Basra terminal stopped flow of oil through the pipeline.
    164. November 25 – attack on two oil wells near the Himreen Mountains, 75 miles (120 km) south of Kirkuk.
    165. November 25 – an early morning explosion in the Fatha area, 9 miles (15 km) north of Bayji, on the oil pipeline that runs from Kirkuk to Bayji. A 2,000 person Iraqi security force was assigned to guard oil infrastructure two days prior.
    166-167. November 29 – two blasts, one at 8:40 am and the other at 8:50am, on the oil pipeline that runs from Bayji to Daura refinery.
    168. November 30 – blast on the oil pipeline that connects Daura refinery and the Musayyib power station south of Baghdad, cutting power to the Babil area.
    169. December 1 – gunmen opened fire on a pipeline repair team working in the Safrah area, 50 miles (80km) southwest of Kirkuk. One man was injured.
    170. December 6 – attack 10 miles (16 km) south of Samarra on oil pipeline that runs from Bayji to Daura refinery.
    171. December 6 – attack on a pipeline that runs inside an underground oil storage tank 50 miles (80 km) southwest of Kirkuk.
    172. December 7 – attack on pipeline supplying oil from northern Iraq to Baghdad.
    173. December 10 – late night attack on the 48 inch oil export pipeline in the Riyad area southwest of Kirkuk.
    174. December 11 – ten armed men kidnapped the Northern Oil Company’s head of security for the Bayji region while he was in the Samarra area examining damage to a pipeline that had been attacked.
    175. December 13 – arsonists set on fire oil, which had leaked and pooled due to prior pipeline attacks, 43 miles (27 km) southwest of Kirkuk, raising concern that the blaze could damage nearby pipelines.
    176. December 17 – attack on pipeline supplying oil from Basra to Baghdad’s Daura refinery, halted the flow of refined products which, oil ministry spokesman Jihad Assem said, had just resumed following a 17 day stoppage after the previous sabotage.
    177. December 17 – attack on pipeline supplying refined products from Bayji refinery to Baghdad. A statement circulated in Bayji said that Abu Musab al-Zarqawi had blown up a pipeline, following orders from ”supreme commander Osama bin Laden”.
    178. December 17 – attack on the northern pipeline near Fatha, 53 miles (85 km) west of Kirkuk.
    179. December 18 – 7:30am attack on pipeline supplying oil from Kirkuk to the IT-1A storage tanks near Bayji.
    180. December 18 – 8:30am blast on oil pipeline between Bayji and Daura refinery at Dilja, 12 miles (20 km) north of Samarra.
    181. December 21 – 10:25 pm attack on a pipeline hub in Fatha.
    182. December 23 – attack on pipeline from Bayji to a storage facility in Baghdad.
    183. December 26 – attack on the northern pipeline near Fatha.
    184. December 28 – 0:30am attack on a gas pipeline in Barjisiyah, southwest of Basra. The pipeline, which links Iraq’s second largest refinery in Shueiba to the storage units of South Oil Company, was blown up by a single attacker using a gas cylinder.
    185. December 30 – mortar attack set fire in the Daura refinery, which provides fuel for Baghdad’s main power plant.

    2005
    186. January 1 – attack on a pipeline from Kirkuk to Bayji.
    187. January 1 – attack on a pipeline linking the southern cities of Karbala and Hillah, 46 miles south of Baghdad near the Musabayb power station.
    188. January 7 – attack on gas pipeline 9 miles north of Tikrit.
    189. January 8 – attack on an oil pipeline running from northern fields to Bayji in the Safra area, 43 miles southwest of Kirkuk. Two guard posts for an oil protection force were also blown up around the area and one guard was wounded.
    190. January 8 – attack on a gas pipeline in the Fatha area near Bayji.
    191. January 11 – 2:00am rocket attack on a gas pipeline that runs to Bayji near the Fatha production station.
    192. January 11 – 6:30am attack on an oil pipeline that runs to Bayji in the Zegheitoun area, 35 miles southwest of Kirkuk. The pipeline had just been brought online on January 9th.
    193. January 13 – 10:30pm attack on oil pipeline near Fatha.
    194. January 14 – improvised explosive device detonated after midnight damaging an oil pipeline near Bayji and sparking a large fire.
    195. January 14 – attack on a pipeline linking Kirkuk and the Daura refinery, near Samarra.
    196. January 14 – rocket attack on pipeline complex near Fatha sparked large blaze.
    197. January 17 – a bomb blew off a section of a pipeline in Fatha.
    198. January 21 – 07:00am attack on pipeline in the al-Tharthar region 12 miles south of Samarra interrupted the flow of oil to the Bayji refinery.
    199. February 2 – attack on oil pipeline connecting Bayji refinery to Daura refinery. The attack took place near Samarra.
    200. Fabruary 5 – attack on a cluster of eight pipelines west of Samarra connecting the Bayji and Daura refineries.
    201. February 6 – attack on pipeline carrying crude oil from Kirkuk to Bayji.
    202. February 9 – attack on a gas pipeline before dawn in Fatha, about 15 miles north of Bayji.
    203. February 9 – rocket attack on a pipeline linking Kirkuk to Bayji.
    204. February 13 – 10:00pm attack on oil pipeline at the al-Dibbis oil field 31 miles north of Kirkuk.
    205. February 14 – another attack on oil pipeline at al-Dibbis.
    206. February 16 – attack on pipeline carrying crude from Kirkuk to Bayji near Fatha.
    207. February 16 – attack on pipeline carrying crude from Kirkuk to Daura refinery.
    208. February 16 – another attack on pipeline near Fatha.
    209. February 16 – attack on pipeline in the Bajwan area, northwest of Kirkuk.
    210. February 16 – gunmen killed Colonel Ibrahim Ahmed in charge of pipeline security. The killing took place at Ajeel west of Kirkuk.
    211. February 25 – late night attack on a pipeline connecting the Dibbis oil fields with Kirkuk.
    212. March 2 – 10pm attack on gas pipeline to Bayji near Al-Safra 30 miles west of Kirkuk caused the shutdown of two of the Bayji power station’s four turbines.
    213. March 3 – attack on a gas pipeline that links Kirkuk to Dibbis.
    214. March 7 – attack on pipeline near Samarra, 60 miles northwest of Baghdad.
    215. March 8 – 1pm attack on oil pipeline feeding Al-Daura refinery near Jorf al-Sakhr, 35 miles south of Baghdad.
    216. March 9 – attack on oil pipeline feeding the Daura refinery in Jorf al-Sakhr, 46 miles south of Baghdad.
    217. March 12 – attack on oil pipeline connecting Bayji and Daura in Al-Tharthar, near Samarra.
    218. March 12 – Rocket-propelled grenades were launched at a pipeline running from Kirkuk to Daura.
    219. March 15 – attack on oil pipeline in Fatha which carries crude from Kirkuk to Bayji.
    220. March 25 – attack on oil pipeline which connects Iraq northern oilfields with the Daura refinery.
    221. March 27 – 9:00am attack on oil pipeline which carries crude from Kirkuk to Bayji. Repairs on the line had just been completed the day before.
    222. April 4 – attack on pipeline running through the Riyad area near Bayji.
    223. April 13 – bomb on oil pipeline near Kirkuk killed an Iraqi oil security chief and eight of his men, who were in the process of defusing another explosive device, and sparked a fire on the pipeline.
    224. April 17 – attack near Fatha on oil pipeline from Kirkuk to the Bayji refinery.
    225. April 18 – twin blasts at an internal oil pipeline near Kirkuk.
    226. April 25 – insurgents blew up pumps used for domestic supplies near Bay Hassam, 19 miles west of Kirkuk.
    227. May 4 – attack on an oil pipeline that links northern Kirkuk oil fields to Baghdad. The attack took place near Balad.
    228. May 10 – attack on an oil pipeline complex near Kirkuk.
    229. May 11 – a mortar round struck the Iraqi Oil Ministry complex in Baghdad.
    230. May 11 – three bombs were planted on different parts of the oil pipeline in Kirkuk’s Dibiz district. Two of the three exploded, heavily damaging the pipeline.
    231. May 11 – attack on an oil pipeline near Bayji.
    232. May 11 – a bomb exploded at Iraq’s largest fertilizer plant in Basra, killing one person and wounding 23. The blast set fire to a gas pipeline.
    233. May 11 – a bomb was planted near the oil ministry in central Baghdad.
    234. May 12 – an insurgent blew himself up as he tried to sabotage an oil pipeline near Kirkuk.
    235. May 13 – attack on the Athana pumping station that feeds the northern pipeline.
    236. May 27 – attack on pipeline in the western outskirts of Baghdad.
    237. June 3 – 8 a.m. attack on pipeline between Kirkuk and the Dibis refinery, about 30 miles west.
    238. June 8 – saboteurs blew up a main oil pipeline near Kirkuk.
    239. June 8 – saboteurs opened connections between two pipelines near the Bayji refinery causing oil spill.
    240. June 9 – 8:00 p.m. saboteurs blew up a major oil pipeline five miles east of the Bayji refinery.
    241. June 15 – insurgents blew up a pipeline near Baghdad that transports crude oil between Bayji and Daura.
    242. June 23 – attack on pipeline carrying crude from Kirkuk to Bayji, near al-Fathah.
    243. June 25 – attack on oil pipleline leading from Kirkuk to Ceyhan.
    244. June 24 – pipeline linking the southern fields around Basra to Daura. The attack took place near Yusifiyah.
    245. June 28 – attack on pipeline in southwestern Baghdad.
    246. June 29 – attack on a natural gas pipeline linking storage facilities in Yousfiyah, south of Baghdad, to a plant in Baghdad.
    247. July 3 – attack on a key feeder pipeline that leads to the Daura refinery.
    248. July 8 – mortar attack on the Daura oil refinery hit a pipeline attached to one of the reservoirs.
    249. July 20 – attack on an oil pipeline that connects Bayji and Baghdad.
    250. July 20 – 6:00 a.m. a roadside bomb exploded under the pipeline that goes from Kirkuk to the Daura refinery.
    251. July 20 – late night attack on oil pipeline between Mahmoudiyeh and Latifiyehin in southern Iraq.
    252. July 21 – insurgents incinerated an oil pipeline west of Samarra.
    253. July 26 – two Iraqi security personnel were killed and three wounded by mortar fire near Bayji while guarding an oil pipeline.
    254. July 28 – a bomb hit an oil pipeline conecting Bayji and Kirkuk. A gas pipeline that supplies Bayji power station was also damaged during the attack.
    255. July 28 – a bomb on a railway line hit a train carrying oil products near Baghdad, causing a huge fire.
    256. August 3 – an explosion damaged a pipeline used for shipping fuel to a Baghdad power plant north of the capital.
    257. August 4 – 5:00a.m. three explosions set ablaze a pipeline near Kirkuk.
    258. August 7 – Gunmen killed two employees of Iraq’s Ministry of Oil and wounded two others.
    259. August 17 – An engineer and five guards were kidnapped while they were repairing an oil pipeline in Taji, 12 miles north of Baghdad.
    260. August 20 – attack on a major line between Bayji and Baghdad stopped electricity supply to the capital.
    261. August 26 – Insurgents sabotaged an exporting oil well north of Kirkuk.
    262. August 27 – bomb beneath an oil pipeline supplying the Daura oil refinery in Baghdad, causing an hour-long fire.
    263. August 29 – Rebels fired a mortar at Iraq’s oil ministry building in Baghdad.
    264. August 30 – Lt. Colonel Mohammed Rashad, commander of a unit protecting Iraq’s oil pipeline network, was assassinated in front of his home in Kirkuk as he was leaving for work.
    265. Sept 3 – an explosion on oil pipeline 2.5 miles from Fatha, between Kirkuk and Bayji, stopping oil flow from Kirkuk to Ceyhan after insurgents ignited an oil leak.
    266. Sept. 5 – oil pipeline connecting Bayji and Baghdad was set on fine west of Samarra.
    267. Sept. 7 – an explosion on the line from Khanaqin to the al-Daura refinery. The attack took place in Thiaa Thiaa village, east of the city Baqouba which is 35 miles north of Baghdad.
    268. Sept. 19 – two policemen were killed when a bomb targeted a vehicle for the north oil pipeline protection forces.
    269. Sept. 22 – attack on a cluster of pipelines north of Kirkuk near Dibis. The attack was followed by fire in the valves complex.
    270. Sept. 23 – attack on an oil tanker carrying fuel to the US Army.
    271. Sept. 26 – attack on pipeline from Kirkuk to Ceyhan.
    272. Sept. 27 – fire broke out in an oil pipeline that carries oil from Daura refinery to Latifyia.
    273. Sept. 28 – attack on an oil pipeline near al-Daura.
    274. October 3 – a bomb attack in Baghdad on the motorcade of Iraq’s oil minister Ibrahim Bahr al-Uloum, who was heading to Bayji.
    275. October 5 – attack on an oil pipeline near the Kirkuk refinery.
    276. October 5 – bomb attack wounded six oil ministry guards.
    277. October 6 – gunmen shot dead five oil ministry security guards.
    278. October 15 – major power cuts have caused intermittent suspension of oil production from oil fields in the south of the country.
    279. October 19 – attack on an oil pipeline at Al-Ishaqi village south of Samarra.
    280. October 20 – attack on a major pipeline that links Kirkuk to Bayji. The bombing took place less than 24 hours after th epipeline was reopened.
    281. October 24 – 10:00a.m. mortar attack on on a network of oil and gas pipelines 40 miles west of Kirkuk. 16 pipelines cought fire.
    282. October 24 – insurgents blew up a bomb under the oil pipeline at al-Malha village east of Hemrin mountains, near Bayji.
    283. December 21 – the Bayji refinery was shut after insurgents threatened truck drivers transporting petrol.
    284. December 24 – attack on a pipeline in Jurf Sakher area on the outskirts of Hillah, 60 miles south of Baghdad.
    285. December 24 – blast on oil pipeline south of Samarra, 60 miles north of Baghdad.

    2006

  50. Robert Inget on Fri, 20th Sep 2019 12:24 pm 

    More on USD attack; 1 hour ago

    President Donald Trump announced “the highest level of sanctions” on Iran’s national bank on Friday, following an attack on Saudi oil facilities last weekend. The decision comes as the president will convene a meeting of his senior advisers Friday afternoon to consider options to retaliate against Iran for the strike, according to three U.S. officials.

    “This will mean no more funds going to the [Islamic Revolutionary Guard Corps] to fund terror. This is on top of our oil sanctions and our financial institution sanctions,” said Treasury Secretary Steve Mnuchin. “This is very big. We’ve now cut off all source of funds to Iran.”

    “These are the highest sanctions ever imposed on a country,” Trump said.(30)

    If Iran can’t price oil in USD, China, Russia, Venezuela, Iraq, Iran will find another way.

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