The Real Reason why Gulf Oil spill continues?
Thanks to JoAnneMor for the following research and article.
As you all know, the Deepwater Horizon exploded in the Gulf of Mexico 7 weeks ago and has been gushing oil from a ruptured well pipe and creating havoc.
BP and the US Government have both said they are trying everything possible to stop millions of gallons of oil from spewing into the Gulf.
It has been confirmed that the dispersal agent being used by BP and the government is Corexit 9500, a solvent originally developed by Exxon and now manufactured by NALCO Holding Company of Naperville, IL. This chemical holds the oil below the water's surface so it is not visible by satellite. It is supposed to break the spill into smaller pools but we have seen. It is toxic and banned in Europe. NALCO says they are using older and newer versions of Corexit in the Gulf.
There is big money and even bigger players in this scam. While they are letting the oil blow wide open into the Gulf, the stakes and profit rise. Local species such as dolphins, whales, manatees, sea turtles and fish, many of which are endangered, suffocate and die.
The coastal regions, salt marshes, tourist attractions and the shore front properties are being destroyed, possibly permanently. The air quality is diminished. The Gulf of Mexico fishing industry is being decimated. For what? All to create a need for NALCO's expensive and extremely profitable poison.
Toxicity of Corexit 9500
A report written by Anita George-Ares and James R. Clark for Exxon Biomedical Sciences, Inc. titled 'Acute Aquatic Toxicity of Three Corexit Products: An Overview' states that 'Corexit 9500, Corexit 9527, and Corexit 9580 have moderate toxicity to early life stages of fish, crustaceans and mollusks (LC50 or EC50 – 1.6 to 100 ppm*)'. It goes on to say that decreasing water temperatures in lab tests showed decreased toxicity, a lowered uptake of the dispersant. Unfortunately, we’re going to be seeing an increase in temperatures, not a decrease. Amongst the other caveats is that the study is species-specific, that other animals may be more severely affected, silver-sided fish amongst them.
NALCO make water purification systems and chemical dispersants. They are based in Chicago with subsidiaries in Brazil, Russia, India, China and Indonesia. NALCO is associated with UChicago Argonne program which received $164 million dollars in stimulus funds this past year. UChicago Argonne just added two new executives to their roster, one from NALCO, the other from the Illinois Dept of Education.
Their stock took a sharp jump, up more than 18% at its highest point of the day today, after it was announced that their product is the one being used in the Gulf. NALCO’s CEO, Erik Frywald, expressed their commitment to “helping the people and environment of the Gulf Coast recover as rapidly as possible.” It may be that the best way to help would be to remove their product from the fray.
NALCO is also associated with Warren Buffett, Maurice Strong, Al Gore, Soros, Apollo, Blackstone, Goldman Sachs, Hathaway Berkshire. Warren Buffet /Hathaway Berkshire increased their holdings in NALCO just last November. Interesting timing...
About NALCO: http://www.nalco.com/index.htm
Goldman Sachs was part of a three-pronged group that purchased NALCO: http://bit.ly/8Z3Ai6
Buffett’s Bet On Water, NALCO (NLC is trade code):
Blackstone, Apollo and Goldman Sachs to acquire Ondeo NALCO (COREXIT 9500):
The Milken Institute - Leon Black of Apollo Management LLC (i.e. NALCO): http://bit.ly/vJLz
BP plc, Citigroup Inc., Goldman Sachs, NALCO Holding Co., Halliburton Co:
The Chicago, NALCO, Arab, Blago, Rezko Connection: http://bit.ly/d88x31
Obama's Economic Adviser Buffet,= Berkshire Hathaway Inc - NALCO Holding Co:
NALCO and the China Connection: http://bit.ly/daKYmk
NALCO eyes doubling of sales in China: http://bit.ly/bi7BZw
Berkshire the second-largest shareholder in NALCO:
Company Profile 'NALCO Holding Co: http://bit.ly/9qeTkd
'96 'partnerships with enviro products thru 2010' - Attendees: Gore M. Strong & NALCO: http://is.gd/ctV7p
Gore/Strong EPA Conference '96:
Stimulus Money Awards in Lemont, IL
The stimulus contracts, grants, and loans in Lemont. Click on an award to read its description, discuss and vote on whether you are satisfied with it or not. It shows Argonne National Laboratory being granted $163,724,912 by the Department of Energy on May. 22, 2009 - http://tinyurl.com/252mhnh
NALCO is associated with Exelon and Com Ed. Com Ed hired a CEO form NALCO and a director from Dept of EDU.
Pay close attention to UChicago Argonne. They control Fermi, as well as other majpr energy industry connections.
ComED & Exelon are connected to NALCO through UChicago Argonne.
All are connected to Fermilab. That stimulus millions to Lamont is funding all these connections. They even hire each other's executives.
ComEd names 2 new outside directors
(Crain’s) — Commonwealth Edison Co. has appointed two new outside board members as the utility continues to seek to distance itself from parent Exelon Corp. in the ongoing controversy in Springfield over future electric rates.
Added to the ComEd board are Edward (Ted) J. Mooney, former CEO of NALCO Holding Co. in Naperville, and Jesse H. Ruiz, partner in the law firm of Gardner Carton & Douglas LLP and chairman of Illinois State Board of Education. The appointments were effective Oct. 16.
This is NALCO India. It's in Brazil, Russia & China.= BRIC. There is also a plant in Indonesia. (There are a couple articles at this link.
Please note the date of article Nov. 2009. (Timing is everything).
"It is no wonder why Warren Buffett’s Berkshire Hathaway is the biggest shareholder."
If you read this article carefully, you will see the Dome they were allegedly using to "try to block the spill" was a lie. It was never intended to stop the oil flow. It was an experiment being conducted for another project.:
Science magazine features Mines hydrates research
GOLDEN, Colo., Oct. 12, 2009 – Science magazine has published a paper by Colorado School of Mines doctoral graduate student Matthew Walsh, and faculty and co-directors of the Center for Hydrate Research (CHR), Carolyn Koh, E. Dendy Sloan, Amadeu Sum, and David Wu “Microsecond Simulations of Spontaneous Methane Hydrate Nucleation and Growth.”
The article was recently featured on 'Science Express' the magazine’s web site that highlights selected articles that will appear in upcoming print issues.
Wu explains gas hydrates as vast untapped energy reserves found in the ocean and the permafrost that are also a potential storage medium for hydrogen fuel or sequestering carbon dioxide. Hydrates currently pose the greatest challenge in the delivery of oil and gas in pipelines, which can be plugged by the formation of hydrates, he said. The Mines research reported in Science helps explain how hydrates form, and could eventually lead to ways to control their growth.
"Methane hydrates form at high pressures and low temperatures, and have an unusual crystalline structure in which water molecules form cages around individual methane molecules, " Wu said. "How such complex structures form is notoriously difficult to study since the process of nucleation is a rare random event that happens in a few nanoseconds and at a random location over a few nanometers."
This study was supported by the National Science Foundation-Renewable Energy Materials Research Science and Engineering Center and CBET Division, the U.S. Department of Energy and the Mines Hydrate Consortium, which is presently sponsored by BP, Champion Technologies, Chevron, ConocoPhillips, ExxonMobil, Halliburton, Multi-Chem Group, Nalco, Petrobras, Schlumberger, Shell, SPT Group, StatoilHydro, and Total.
Special Report on BP plc, Citigroup Inc., Goldman Sachs, Nalco Holding Co., Halliburton Co., and Domestic All-Star Paradigm Oil and Gas, Inc. (PDGO)
May 2, 2010 3:01 PM EDT
LAS VEGAS, NEVADA -- (MARKET WIRE ) -- 05/02/10 -- www.EnergyStockAlerts.com is a premier source for microcap and blue chip research and commentary.
The scale and carnage of BP's recent oil spill disaster continues to grow on a daily basis. The Wall Street Journal, citing industry experts, on Friday estimated the size of the continuing oil leak at 25,000 barrels a day (up from the U.S. government's Thursday estimate of 5,000 barrels a day). BP shares have fallen 12% since the disaster.
The accident has forced President Barack Obama to put on hold politically sensitive plans to expand offshore U.S. oil drilling . In March, President Obama unveiled plans for a limited expansion, in part to try to win Republican support for climate change legislation. The White House announced Saturday morning the President will travel to the gulf coast today to get an update on efforts to contain the massive spill.
Yesterday news reports that several banks (including Goldman Sachs, GS and Citigroup C), recommended buying BP shares. They argue investors are over reacting since the April 20 explosion.
Yesterday oil giant BP (BP) released news that it has tested the dispersants (manufactured by Nalco Holding Co. (HAL)), on Friday night and authorized it's use on a larger scale. BP also added, it is looking for additional suppliers to begin manufacturing the material in mass quantities.
Alternative Energy Symposium day after rig blew
On April 21 to 22, engineering, government, non-profit and business leaders from across the United States and abroad, as well as local high school and college students, will convene at Chicago’s Fairmont Hotel as the Illinois Institute of Technology and Chicago Council on Science and Technology present the National Academy of Engineering (NAE) Grand Challenges for the 21st Century: Chicago Summit 2010. The Chicago Summit is designed to stimulate the engineering, science and policy advances needed to address four key “grand challenges” facing the United States: clean water; carbon, energy and climate; urban sustainability; and global health.
Among the many notables to attend the summit will be U.S. Secretary of Transportation Ray LaHood, assistant to the president for science and technology, Dr. John P. Holdren, and the Haitian Ministry of Health’s Marie Denise Milord.
The summit was held as scheduled: Rig blew April 20, 2010. Summit next day.
Statement Regarding Disclosure Of Information About COREXIT - By GlobeNewswire 05/28/10
Nalco Releases Additional Technical Information On COREXIT - By GlobeNewswire 05/27/10
Funds for Cleaning Up After BP - By Don Dion 05/26/10 - Cleaning up the Gulf of Mexico is good for business for a diverse collection of companies dedicated to this and other types of environmental efforts.
Why George Soros Is Buying Westport Innovations - By Eric Rosenbaum 05/25/10
Westport Innovations nabs a major investor in the first quarter: George Soros.
Nalco Statement On May 24 EPA Press Conference On Dispersant Use - By GlobeNewswire 05/24/10
Professor Buffett's Spring Cleaning - By Don Dion 05/21/10. Buffett has made a few interesting tweaks to his portfolio, including scaling back Berkshire's position in Kraft by more than 20%.
Nalco Statement On EPA Analysis Of Sub-surface Dispersant Use - By GlobeNewswire 05/20/10
Got Water? RealMoney.com ($) - PHO offers lets investors dip into one of the most crucial and overlooked commodities in the world.
Nalco Releases Sales Impact Of Gulf Response - By GlobeNewswire 05/17/10
Nalco States Medium-term Financial Objectives - By GlobeNewswire 05/17/10
http://online.wsj.com/article/PR-CO-20100419-904462.html - seems the wall street journal is chasing this too
http://www.freerepublic.com/focus/f-news/1829823/posts Pelosi's husband
http://www.executivesclub.org/ABOUTUS/ClubLeadership/BoardofDirectors/tabid/67/Default.aspx board of directors of the executives club of chicago
Chairman President and CEO, NALCO HOLDING CO (NLC) - Headquarters: NAPERVILLE, IL
Chemicals And Allied Products
In 2009, J. Erik Fyrwald received $5,620,847 in total compensation. By comparison, the average worker made $32,048 in 2009. J. Erik Fyrwald made 175 times the average worker's pay.
Ying Yeh looks for new challenge, hopes to help clean China - By Zhang Qi (China Daily)
Being in the limelight is nothing new for Ying Yeh. As the first Chinese woman appointed the global vice president of a Fortune 500 company and the minister-counselor for Commercial Affairs in the US, Ying Yeh has received plenty of accolades. But what surprised many was her recent decision to leave behind her successful 12-year career at Eastman Kodak and join Nalco, a virtually unknown US company.
So there you have it folks.
The wellpipe rupture was a "Convenient" accident. The officials have no intention of stopping that oil spewing into the Gulf. They scammed us with the Dome experiment. They used the Top Kill method as a ruse to make us believe they were trying something. I'm sure they had many calls to use a method that has been around for decades and being used successfully many times. It's all about the profit.
This expose has shown who, what, when, where and why, the dithering. It's about the dispersements, the stimulus, the billionaires who are vested in NALCO, the scientists who are all onboard with the green agenda, Chicago and blatant deception.
Obama blaming BP and orders probe
Pelosi blaming Bush:
In the meantime, we all now know the truth. Greed, corruption, conspiracy, fraud and deception are where the blame lies. From the top down is involved. Remember, you cannot redistribute fishing/shrimping industries, tourism, ocean front property, boating. That wealth will have to be destroyed. They are poisoning our Gulf for personal profit!
It's not just about dispersants. It is about the profits, investments, the Stimulus, the short selling of stocks, the chemicals and the greed. There is money to be made in the crisis, not just in the oil. All the players, including BP are into a lot more than oil.
Follow the money!