“Waiting for Results” – Thurs. AM TNT Thoughts/News 5-5-22



Oil Jumps Again And Reaches $110

Oil prices continued, at the beginning of Asian transactions, today, Thursday, to achieve gains from the previous session, driven by the European Union’s proposal to impose new sanctions on Russia, including the Russian oil embargo within 6 months.

Brent crude futures rose by two cents to $110.36 a barrel by midnight GMT.

West Texas Intermediate crude futures also consolidated its gains, rising by 15 cents, to eventually settle at $107.96 a barrel.

With these increases, the two benchmark crudes rose by more than $5 a barrel, yesterday, Wednesday, according to what Reuters reported.   link

Sounds like Sadr thinks it will all be over by the 19th of May….When done, I hope they rewrite the constitution, taking presidential elections and budgets out of parliament’s control.

Regarding Iraq, I am not looking for anything to happen until Sadr and the majority of Iraq have decided they have had enough of Maliki and Iran. RV is right. They have to rewrite the Constitution. Until they do, Iraq will be nothing more than a western outpost of Iran. Don’t forget that Exxon has decided to say adios to Iraq. That is huge news. .

There are three articles, unrelated. The independents are saying they should get the choose the President since they are the pendulum to determine the government. Sadr gave the independents 15 days to form the government. And the Framework, with Maliki in the backround, stating they must choose a President not associated with any party. Sounds like to me, Maliki doesn’t want Sadr, Kadzimi and Silah in control because three are his demise.

Well….Iraq knows the World is waiting for results ….and have given more effort than ever to make the RV happen..thats why I feel good..its happening

May 7ths meeting will have a great impact since it was them who set the 7th as the date to vote or be arrested if they don’t show up. The Framework has the most to lose. Possible with Sadr’s backing and the Independents, may see the break though. And then there is the Food Budget law. Primed and ready to go.

The United States Loses The Gas Export Lead

Qatar reclaimed its throne from the United States of America as the world’s largest exporter of liquefied natural gas, with the end of winter, as demand for heating fuels decreased in the northern hemisphere.

And April exports of Qatari liquefied gas exceeded the level of 7.5 million metric tons, surpassing the United States, according to ship tracking numbers compiled by Bloomberg.

During the winter months, lower temperatures, coinciding with Europe’s desire to reduce its dependence on energy from Russia, increased the demand for natural gas and raised the prices of this fuel.

With the end of winter, some US export ports used a period of low demand and low prices to carry out maintenance work, which led to a decline in US production. The shale gas revolution, along with billions of dollars in investments in gas liquefaction facilities, has transformed the United States from a net importer of liquefied natural gas to the largest exporter in less than ten years.

It is expected that the United States and Qatar will participate in a race between them to dominate the global market for liquefied natural gas in the future, according to Bloomberg. With the completion of the Calcasio Pass gas export terminal in Louisiana later this year, the United States is expected to achieve its peak LNG production capacity of 13.9 billion cubic feet of natural gas per day.   link

An independent bloc announces its acceptance of al-Sadr’s initiative to form a “national” government

An independent parliamentary bloc headed by MP Abdel Hadi Al-Hasnawi announced today, Wednesday, its acceptance of the initiative of the leader of the Sadrist movement, Muqtada Al-Sadr, calling for unifying efforts to come up with an independent political formation.

The “Independent Iraq” parliamentary bloc said, in a statement received by Shafak News Agency, that it “announces acceptance of Mr. Muqtada al-Sadr’s initiative to invite independent parliamentarians to form an independent national government that expresses the aspirations of the citizen and seeks to improve services and rebuild the country,” explaining that its acceptance of al-Sadr’s initiative comes “out of faith.” With national responsibility and to give priority to the public interest and to get out of the crisis of political blockage and to respect the constitutional terms.”

The bloc called on “independent deputies, whether from the Independent Iraq Alliance or individual independents, to unite efforts and speak out to form an independent and meaningful political formation capable of developing a solution to the current crisis that the country is going through.”

It also called on all political forces to “support the national initiative, renounce differences and not influence independent representatives, whether by threats or threats, and respect the will of the voters, away from partisan and factional interests, because the citizen has suffered a lot as a result of the political blockage and the delay in forming the government, which clearly negatively impacted the rights of the citizen and services.” and country building.

Earlier, independent MP Hassan Al-Khafaji revealed to Shafak News Agency that a meeting will be held by the independent representatives next week to discuss the initiatives of the coordination framework and the Sadrist movement and to come up with a solution to end the political blockage.

Al-Khafaji said that “contacts took place yesterday between 35 independent deputies to agree on a formula or agreement to end the political impasse, and it was agreed to hold an important meeting next week for independent deputies to determine their political compass regarding the political initiatives put forward by the most important Shiite poles.”

A well-informed political source revealed a great division that arose in the position of the independent representatives following the initiative of the leader of the Sadrist movement, Muqtada al-Sadr, which he launched earlier today.

The leader of the Sadrist movement, Muqtada al-Sadr, had put forward earlier today an initiative calling on independent parliamentarians to form an independent bloc to form the government away from the coordination framework.

It is noteworthy that the coordination framework put forward yesterday an initiative that included some requirements for entering into new alliances to form a government.  link

Source: Dinar Recaps


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