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International

POSSIBLE TORPEDO ATTACK: Two Oil Tankers Severely Damaged in Gulf of Oman, Crew Evacuated

posted by Hannity Staff - 6.13.19

A suspected torpedo attack severely damaged two oil-tankers in the Gulf of Oman Thursday; prompting the US Navy’s Fifth fleet to evacuate the crew.

“Two oil tankers were damaged in a suspected attack off the Gulf of Oman early Thursday, prompting the rescue of dozens of crew members,” reports Fox News. “The U.S. Navy’s Bahrain-based Fifth Fleet told Reuters it was assisting two tankers in the Gulf of Oman after receiving two distress calls. Details of the incident were unclear, but one of the operators made an unconfirmed report that a torpedo had hit its ship.”

“We are aware of the reported attack on tankers in the Gulf of Oman. U.S. Naval Forces in the region received two separate distress calls at 6:12 a.m. local time and a second one at 7:00 a.m.,” Joshua Frey of the Fifth Fleet said.

“International Tanker Management, which operates the MT Front Altair said an explosion had caused a fire onboard. The firm told the Associated Press the incident is still being investigated and it was unclear what caused the explosion. Its 23 crew members were evacuated by the nearby South Korean-based Hyundai Dubai Vessel and are now safe, the firm said,” adds Fox.

“Following two attacks on Member vessels this morning, I am extremely worried about the safety of our crews going through the Strait of Hormuz,” Paolo d’Amico, chairman of INTERTANKO, said in a statement.

This is a developing story. Check back for updates.

AMERICA FIRST: US to Become World’s TOP OIL Exporter Next Year

posted by Hannity Staff - 5.04.18

Energy industry insiders announced Friday that the United States is poised to become the world’ largest oil exporter; surpassing Saudi Arabia for the first time as early as next year.

According to Citigroup, the US currently produces approximately 8.3 million barrels of crude and refined oil per day compared with Saudi Arabia’s 9.3 million barrels.

Expanding American business and energy operations throughout the country are expected to boost those figures within months.

“Saudi Arabia has also trimmed its oil production more than 100 percent of the output cuts it agreed to under the January 2017 production deal. In March, Saudi crude production was at 9.91 million bpd, below the deal’s output target of 10.058 million bpd,” writes OilPrice.

The new projections fulfill a major campaign promise from President Donald Trump, who vowed to open new areas and unleash energy sector businesses to help make the United States energy independent.

AMERICA UNLEASHED: US Oil Refineries SMASH OUTPUT RECORDS in July

posted by Hannity Staff - 8.14.18

The US oil industry continued to roar to life under President Trump and the GOP-controlled Congress in July; smashing records and beating estimates as the nation inches towards becoming the world’s largest producer of the fossil fuel.

According to the Daily Caller, the US oil industry produced over 18 million barrels of oil per day in July, beating previous records as the nation’s demand for the natural resource spiked during the busy summer months.

“Refineries along the Gulf Coast processed a record-breaking 9.5 million barrels per day during that period, and Midwestern plants processed a near-record amount of crude oil,” writes the DC.

“Refiners nearly broke the 18-million-barrel record in August 2017, but Hurricane Harvey forced some facilities to shut down as it hammered the Gulf Coast. Harvey shut-in around 3.2 million barrels a day in refining capacity, causing gas prices to rise,” adds the author.

Read the full report at the Daily Caller.

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