Mexican insurgents cause record $80 per barrel crude oil price
Al-Queda's goal to collapse the US. economy appears on track
Los Angeles, Alta California - September 12, 2007 - (ACN) The new bombings of six facilities of Petroleos Mexicanos (PEMEX) by the Ejercito Popular Revolucionario (EPR) early Monday caused the price today of U.S. light crude for October delivery to rise to a record $80.00 per barrel. At the same time the dollar fell to a new all-time low against the Euro. The 13-nation Euro rose to $1.3901 today, topping all previous records.
A military spokesman of the EPR said that they placed 12 explosive devices each on 12 pipelines of Petroleos Mexicanos located at La Antigua, Ursulo Galvan, Omealca, Mendoza, Cumbres de Maltrata in the state of Veracruz and in Cuapiaxtla in the state of Tlaxcala. The explosives were detonated simultaneously at 2:00 AM on September 10. The EPR also carried out successful bombings of PEMEX facilities in the states of Queretaro and Guanajuato in July.
The EPR has in the past condemned the Vicente Fox and the Felipe Calderon administrations for selling out Mexico's petroleum resources to US interests. They believe that Mexican oil revenues are being siphoned off by the super rich and are never used to benefit the desperately poor Mexican people. The EPR claims that this is one reason why millions of Mexican workers have been forced to migrate north of the border.
The insurgent attacks have also caused massive losses in the Mexican economy. The industrial sectors have reported losses of over 200 million dollars since Monday. The lack of natural gas alone has affected over 375 large corporations in the states of Mexico, Puebla, Aguascalientes, Queretaro, Tlaxcala, San Luis Potosi, Michoacan, Jalisco, Guanajuato and the Federal District. Over 10,000 workers are presently idle. Many of these are already heading to the USA.
Yesterday, work at the following auto plants was suspended: Volkswagen, in Puebla; Chrysler, in Toluca; General Motors, in Silao; Ford, in Cuautitlan; Honda, in El Salto, and over 100 suppliers of auto parts in various states are presently closed..
In addition, steel industry representatives have reported that 60% of steel production has been halted due to the lack of energy caused by the EPR bombings of the PEMEX pipelines.
Mexico is the number two oil exporter to the US and as such figures greatly in the security of the country. Al-Qaeda has already made it one of their goals to starve the US of critical petroleum based energy in order to force the collapse of the economy. With this much at stake, the US Department of State has already made moves to assure the continued flow of Mexican oil across the border. The Calderon government has contracted with the CIA controlled SY Coleman Corporation based in Arlington, Virginia to provide security for the PEMEX facilities, something that could backfire on the PAN Party administration. It would be much wiser for President Calderon to negotiate with the EPR.
In addition, the Strategic Forecasting, Inc. (Stratfor), through the US State Department, is now offering its services to President Felipe Calderon. Stratfor is supposedly a private intelligence agency founded in 1996 in Austin, Texas but insiders know the outfit as "The Shadow CIA". Stratfor analysts say that the EPR has "evolved greatly". They believe that the recent sophisticated operations by the EPR can not be the work of simple "campesinos". Stratfor says that they believe the recent bombings were led by very experienced bomb makers. They note that the recent operations against PEMEX have evolved greatly from what is usual for the group. The range of the attacks are much more widespread and are coming much more frequent. They are also worried about the much more sophisticated and much more powerful Improvised Explosives Devices (IED's) the EPR has been using.
by
Ernesto Cienfuegos
La Voz de Aztlan
Al-Queda's goal to collapse the US. economy appears on track
Los Angeles, Alta California - September 12, 2007 - (ACN) The new bombings of six facilities of Petroleos Mexicanos (PEMEX) by the Ejercito Popular Revolucionario (EPR) early Monday caused the price today of U.S. light crude for October delivery to rise to a record $80.00 per barrel. At the same time the dollar fell to a new all-time low against the Euro. The 13-nation Euro rose to $1.3901 today, topping all previous records.
A military spokesman of the EPR said that they placed 12 explosive devices each on 12 pipelines of Petroleos Mexicanos located at La Antigua, Ursulo Galvan, Omealca, Mendoza, Cumbres de Maltrata in the state of Veracruz and in Cuapiaxtla in the state of Tlaxcala. The explosives were detonated simultaneously at 2:00 AM on September 10. The EPR also carried out successful bombings of PEMEX facilities in the states of Queretaro and Guanajuato in July.
The EPR has in the past condemned the Vicente Fox and the Felipe Calderon administrations for selling out Mexico's petroleum resources to US interests. They believe that Mexican oil revenues are being siphoned off by the super rich and are never used to benefit the desperately poor Mexican people. The EPR claims that this is one reason why millions of Mexican workers have been forced to migrate north of the border.
The insurgent attacks have also caused massive losses in the Mexican economy. The industrial sectors have reported losses of over 200 million dollars since Monday. The lack of natural gas alone has affected over 375 large corporations in the states of Mexico, Puebla, Aguascalientes, Queretaro, Tlaxcala, San Luis Potosi, Michoacan, Jalisco, Guanajuato and the Federal District. Over 10,000 workers are presently idle. Many of these are already heading to the USA.
Yesterday, work at the following auto plants was suspended: Volkswagen, in Puebla; Chrysler, in Toluca; General Motors, in Silao; Ford, in Cuautitlan; Honda, in El Salto, and over 100 suppliers of auto parts in various states are presently closed..
In addition, steel industry representatives have reported that 60% of steel production has been halted due to the lack of energy caused by the EPR bombings of the PEMEX pipelines.
Mexico is the number two oil exporter to the US and as such figures greatly in the security of the country. Al-Qaeda has already made it one of their goals to starve the US of critical petroleum based energy in order to force the collapse of the economy. With this much at stake, the US Department of State has already made moves to assure the continued flow of Mexican oil across the border. The Calderon government has contracted with the CIA controlled SY Coleman Corporation based in Arlington, Virginia to provide security for the PEMEX facilities, something that could backfire on the PAN Party administration. It would be much wiser for President Calderon to negotiate with the EPR.
In addition, the Strategic Forecasting, Inc. (Stratfor), through the US State Department, is now offering its services to President Felipe Calderon. Stratfor is supposedly a private intelligence agency founded in 1996 in Austin, Texas but insiders know the outfit as "The Shadow CIA". Stratfor analysts say that the EPR has "evolved greatly". They believe that the recent sophisticated operations by the EPR can not be the work of simple "campesinos". Stratfor says that they believe the recent bombings were led by very experienced bomb makers. They note that the recent operations against PEMEX have evolved greatly from what is usual for the group. The range of the attacks are much more widespread and are coming much more frequent. They are also worried about the much more sophisticated and much more powerful Improvised Explosives Devices (IED's) the EPR has been using.
by
Ernesto Cienfuegos
La Voz de Aztlan
