"Because crude oil and gasoline theft will become the
most profitable endeavour of the 21st century." - Dusko Jocic

Saturday January 29th, 2011

The Hindu - Pirates make 2010 worst year for shipping - R. K. Radhakrishnan

As many as 53 ships were hijacked at sea, 1181 sailors taken hostage and eight killed in 2010, making it the most dangerous of all recorded years in international shipping, the International Chamber of Commerce (ICC) International Maritime Bureau's (IMB) global piracy report has said.

BBC - Oil thieves target business park in Sussex

A rise in fuel costs could be behind a spate of oil thefts in rural areas of Sussex, police have said.

Reuters – Mexico oil thieves get sophisticated amid crackdown - Robert Campbell

Gangs are still believed to earn hundreds of millions of dollars a year tapping Mexico's vast, but largely unprotected, pipeline network, even though state oil monopoly Pemex says it has curtailed the thefts with the help of the army.

Friday January 21st, 2011

The Monitor - Family Shocked At Alleged Zeta’s Arrest - Jared Taylor

Mexican prosecutors said Alemán had been a fugitive since June 2009, wanted on organized crime charges for allegedly helping to steal and transport siphoned oil from Petroleos Mexicanos, or Pemex, the state-operated oil firm. That petroleum was then smuggled to companies in the United States, prosecutors said.

Standart - Bulgarian Gov't Declares War on Fuel Smugglers - Katerina Ivanova

From now on, the gasoline pumps will be protected with chips. Former governments were funded with money from fuel contraband, PM Boyko Borissov said

Los Angeles Times – Bolivia Leader Restores Fuel Subsidies in the Face Of Protests - Chris Kraul

Faced with mounting political opposition and the specter of crippling strikes, Bolivian President Evo Morales late Friday night reversed his recent decision to slash gasoline and diesel subsidies, a move that led to a near-doubling of fuel costs.


© 2011 Dusko Jocic