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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
4/16/2015 5:19:02 PM

Oil layoffs hit 100,000 and counting

Roughnecks feel brunt of cuts as tumble in price of crude ripples through energy industry

The Wall Street Journal

Chris Sabulsky lost his fracking job in Texas in February. ‘What we have to do is rebudget ourselves, re-educate ourselves, reinvent ourselves,” he says. (Jeff Swensen/WSJ)


Like many other oil-field workers, Chris Sabulsky spent years working a schedule known as “14 on, 14 off:” two weeks at an oil or gas well somewhere followed by another 14 days at home in East Texas, fishing for bass and crappie.

But now Mr. Sabulsky, 48 years old, is spending his days sending out résumés, calling acquaintances to see if they know of job openings, and pondering his future. His job managing hydraulic-fracturing, or fracking, operations at well sites evaporated in February after the oil-price plunge last year. Fracking, which uses water, chemicals and sand to free oil and gas from shale formations, has been a crucial factor in the U.S. energy boom.

“What we have to do is rebudget ourselves, re-educate ourselves, reinvent ourselves,” Mr. Sabulsky said by telephone from his home in Tyler, Texas.

Thousands of oil-field workers are in the same shoes or, more accurately, steel-toed boots. Since crude prices began tumbling last year, energy companies have announced plans to lay off more than 100,000 workers around the world. At least 91,000 layoffs have already materialized, with the majority coming in oil-field-services and drilling companies, according to research by Graves & Co., a Houston consulting firm.

Now the cutbacks are slowly showing up in federal employment data. Direct employment in oil and gas extraction, which had grown by more than 50,000 jobs since 2007, has fallen by about 3,000 jobs since it peaked in October at 201,500, according to the Bureau of Labor Statistics; 12,000 jobs have disappeared from the larger category of energy support since it reached 337,600 jobs in September.

And the layoffs are continuing. Last week alone, the Texas Workforce Commission said it received notices of close to 400 layoffs from energy-related companies. Among them, FTS International, a privately owned oil-field-services business, said it was laying off 194 workers, while Lufkin Industries, a subsidiary of General Electric Co. that makes oil-field equipment, said it was cutting 149 workers, adding to the 426 workers it has cut since the year began.

While layoffs in the industry have hit office workers and high-skilled employees such as geologists and petroleum engineers, it is the roughnecks who are feeling the brunt of the cuts.

“The closer your job is to the actual oil well, the more in jeopardy you are of losing that job,” said Tim Cook, oil and gas recruiter and president of PathFinder Staffing in Houston. “Each time an oil rig gets shut down, all the jobs at the work site are gone. They disappear.”

The number of working U.S. oil and gas rigs has dropped 46% so far this year to 988, the lowest level in more than five years, according to data from Baker Hughes Inc., an oil-field-services company that is merging with industry giant Halliburton Co.

Oil-field jobs have been that rarity in the U.S. economy: highly paid positions that don’t require a college degree. They do require brawn and specialized skills, mostly learned on the job.

Alberto Hernandez, 27, became an oil-field worker three years ago, moved up the ladder and until recently was earning $72,000 a year as a derrick hand, handling drill pipe for a small company in West Texas.

“Everything was going good,” said Mr. Hernandez, who is from El Paso but has been working in Odessa. “I bought a Chevy Silverado with cash.” Laid off in January, he is looking for another energy-sector job but said he is considering joining the Army.

“Sure, these workers could find another job in construction or something similar,” said Dennis Cassidy, head of oil and gas consulting at AlixPartners’ Dallas office. But, he said, those jobs pay about half what an oil-field worker can get.

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According to the Bureau of Labor Statistics, full-time “construction laborers” earned an average of $605 a week in 2014, while “derrick, rotary drill, and service operators, oil, gas and mining” earned almost twice as much, or $1,187 a week. The average pay at a well site is about $20 an hour, industry experts say, but overtime and hazard pay often put take-home salaries close to $100,000 a year.

Many industry veterans have lived through previous bust-after-the-boom cycles, and say they can ride out the downturn with rainy-day savings and part-time work. But a lot of laid-off workers were industry newcomers who in the past three years took jobs as floor hands, roustabouts and other field positions, meeting a rise in demand for workers as the shale boom helped U.S. oil production almost double between 2008 and 2014.

“Due to this growth in shale, there’s a higher population coming from nonoil backgrounds,” including grocery-store managers and police officers, said Emily Yang with the North Highland Co. consulting firm in Houston.

Some say they are unlikely to return to the energy business even if it rebounds. One is Claire Cutshaw, 45, who had a series of mostly computer-related jobs before she went back to college and earned a degree in geology in 2013. She then took work as a “mud logger,” monitoring gas levels and analyzing rock samples during drilling. She earned more than $40,000 a year.

She worked steadily throughout 2014, she said, but in January, “the calls just stopped coming.” A couple weeks ago, she rented a U-Haul truck, packed up her belongings in Odessa, Texas, and moved back to Waynesville, N.C.

Mr. Sabulsky, who has worked in the oil fields since he graduated from high school more than 30 years ago, said he misses the camaraderie of the oil fields. On call for two weeks at a time, “We often would end the day by getting together and frying up grouper or barbecuing steaks,” he recalled.

He recently found work in the Marcellus Shale in Pennsylvania, but the job lasted only a couple of weeks, he said. “The outlook isn’t good.”

Write to Dan Molinski at Dan.Molinski@wsj.com




How Low Oil Prices Impact Regional Stability


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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
4/16/2015 5:34:48 PM

Putin Gets Ready to Showcase His New Military Weapons

The Fiscal Times


For the past year Russian President Vladimir Putin has been stressing the need – and his intentions – to strengthen his country’s military might by investing in new and better technology. Next month, at the annual Victory Day parade held in Moscow, the Russian people will get their first glimpse of some of their armed forces’ latest acquisitions.

A major event on the public calendar and an opportunity for Moscow to show off its military might, the annual parade takes on added significance this year because of Russia’s 2014 invasion of Ukraine’s Crimean peninsula. Russia’s continued support of armed rebels in Ukraine’s eastern territories (where fighting has started to intensify again) also falls into that category. Putin’s administration has been more aggressive in projecting power globally in recent months, with numerous nations in northern Europe, East Asia, and even the U.S. detecting an increase in military air patrols in or near their airspace.

SLIDESHOW: 7 New Weapons in Vladimir Putin's Arsenal

Putin’s increasingly muscular stance has unnerved many of his neighbors, but it has made him extremely popular with the Russian people: He enjoys a favorability rating of around 80 percent in most polls. This is why the display of weapons next month will be primarily aimed at the Russian people.

The state-owned Sputnik News service offered a preview on Tuesday, indicating the parade would feature the new T-14 main battle tank, among other equipment. The T-14, built on the universal “Armata” tracked vehicle platform, will be one of the most technologically advanced tanks in the world, according to defense analysts. Russian defense contractors are expected to deliver 2,300 T-14s between now and 2020. The first two dozen will be on display in next month’s parade, and they’ll eventually replace an estimated 70 percent of Russia’s current tank force.

Also on display will be the RS-24 Yars, an intercontinental ballistic missile system built as a counter to a U.S.-proposed missile shield for Europe. The RS-24, though not actually new, has not been seen frequently in public, according to Sputnik, and will make its first appearance in the parade. Unlike the ranks of long, colorful ICBMs that were paraded through Red Square during the Soviet era, the RS-24 is a drab green tube that sits atop a mobile launching unit. It can accommodate ten separately-targeted warheads.

Russians will also get a look at the Ural Typhoon U, Russia’s answer to the U.S. Army’s MRAP. The Typhoon is a heavily-armored personnel carrier that can resist mine blasts, armor piercing munitions, and improvised explosive devices.

The planned Victory Day parade has caused significant political upset between Moscow and the West. Russia lost more lives, military and civilian, during World War II than any other country; estimates run between 20 and 25 million people. The eventual victory over Nazi Germany is seen as a testament to the will and strength of the Russian people and remains a cultural touchstone.

Related: U.S. Says Putin’s Men Are Training Rebels in Ukraine

Next month’s parade is also likely to be the last significant anniversary for which many veterans of the conflict will still be alive. Yet most Western leaders have refused Putin’s invitation to attend, citing the invasion of Crimea and Russia’s continued support of Ukrainian rebels as the reason.

One of the most high-profile guests expected to attend is the youthful North Korean dictator Kim Jong-un, who rarely leaves his home country. Kim, who regularly threatens to launch nuclear missiles at the U.S., is largely treated as a pariah by most other world leaders. Russian officials have recently spoken publicly about expanding the country’s relationship with the Kim regime.

Click here to see the 7 new weapons in Vladimir Putin's arsenal.

"Choose a job you love and you will not have to work a day in your life" (Confucius)

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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
4/16/2015 5:46:07 PM

Putin defends Iran missile decision during call-in show

Associated Press

Russian President Vladimir Putin listens for a question during a nationally televised question-and-answer session in Moscow, Thursday, April 16, 2015. Speaking Thursday in a televised call-in show with the nation, Putin said the nation's economic performance has remained strong, despite Western sanctions slapped on Russia over the Ukrainian crisis and a slump in global oil prices. (Alexei Druzhinin/RIA-Novosti, Presidential Press Service via AP)


MOSCOW (AP) — President Vladimir Putin sternly urged the West to respect Russia's interests in global affairs and defended his move to sanction the delivery of a long-range air defense missile system to Iran during a marathon TV call-in show with the nation Thursday.

Putin scathingly criticized Washington for refusing to see Moscow as an equal partner and warned that Russia-West ties, in shambles over the Ukrainian crisis, could only be normalized when the U.S. and its allies show readiness for compromise.

He also described the killing of top Kremlin critic Boris Nemtsov as "tragic and shameful" and commended police for quickly tracking down the perpetrators, but said he wasn't certain if Russian law-enforcement agencies would be able to track down those who organized it.

The president focused heavily on economic issues during the four-hour show, a slickly produced annual affair intended to burnish his image.

He received more than 3 million questions before and during the carefully orchestrated show, which involved live feeds from Russia's regions as well as a studio audience.

People asking about global crises alternated with callers seeking support for industries and agriculture, subsidies for expensive medical treatment, and even advice on personal issues. One group of women asked how to present a dog to a friend with a reluctant husband, and Putin suggested that the friend pretend to drop the request to soften his heart.

On more weighty matters, the president pointed at the ruble's recent recovery as a sign that the nation had successfully gone through the worst part of economic upheavals caused by a sharp plunge in global oil prices and Western sanctions against Russia over the Ukrainian crisis.

Putin, whose approval ratings top 80 percent despite the recession, said the country can overcome any challenges if it remains united.

"If we preserve a stable situation in domestic politics, preserve the current consolidation of society, we shouldn't fear any threats," he said.

Official estimates are that Russia's economy will shrink by 3 to 5 percent this year in the sharpest decline since 2009, but Putin said the slump would likely be less significant.

Turning to foreign policy issues, Putin said his decision to lift a 2010 Russian ban on the delivery of the powerful S-300 air defense missile system to Iran followed a tentative deal on ending the Iranian nuclear standoff reached by Tehran and six world powers earlier this month.

The president said Iran should be rewarded for showing "a great degree of flexibility and a desire to reach compromise" in the talks. He added the S-300 is a defensive weapon that shouldn't pose any threat to Israel, and may in fact serve as "a deterrent factor in connection with the situation in Yemen."

Putin said that Russia would continue to cooperate with its international partners on negotiating a definitive nuclear deal with Iran. He argued that the international sanctions still in place don't ban the delivery of the S-300, which Russia had halted voluntarily.

He argued that Russia remains open for overcoming the current tensions with the West, but warned Washington that it should stop treating Moscow as an inferior partner if it wants to normalize ties.

"The main condition is to have respect for Russia and its interests," he said, adding that the United States "doesn't need allies, they need vassals."

Asked to comment about Western leaders' refusal to visit Moscow to attend a May 9 Victory Day parade marking the 70th anniversary of victory over the Nazis, Putin said many of them yielded to Washington's pressure.

Putin said that despite the frictions with the West, "we don't see anyone as enemy," adding that "we don't recommend anyone to see us as enemy."

He said Russia expects France to return an advance payment if it fails to deliver a warship built for the Russian navy, but wouldn't seek any fines. France has suspended the delivery of the Mistral warship amid Russia-West tensions over the Ukrainian crisis.

The Russian leader also criticized Ukraine, accusing it of violating its obligations under February's peace deal by maintaining an economic blockade on rebellious eastern regions, refusing to deliver pensions and other social payments to people in the east, and shutting financial services to the region.

Putin argued that the Ukrainian leadership is effectively cutting off the eastern regions from the rest of the country. At the same time, the Russian president insisted that he remains committed to cooperating with the Ukrainian president to overcome the crisis, adding that the Minsk agreement signed in February provides the only way out of it.

He reaffirmed a strong denial of Ukrainian and Western claims that Russia has sent troops to back the rebels in eastern Ukraine.

"There are no Russian troops in Ukraine," he said.

When a jittery resident of areas in southwestern Russia near the border with Ukraine asked him if they should fear a war, Putin answered with a categorical 'no.' "You live in calm," he said.

Asked about the killing of Nemtsov, who was shot dead just outside the Kremlin on Feb. 27, Putin praised Russian law-enforcement agencies for nabbing the suspected perpetrators within days, but said he doesn't know if it will be possible to track down the mastermind.

The five suspects, all Chechens, have remained in custody. Observers say their arrest has highlighted tensions between Russian law-enforcement agencies and Chechnya's Kremlin-backed strongman, Ramzan Kadyrov. The investigators have been unable to reach a senior officer in Kadyrov's security forces suspected of involvement in the killing, who has reportedly remained under strong protection in Chechnya.

___

Nataliya Vasilyeva contributed to this report.


"Choose a job you love and you will not have to work a day in your life" (Confucius)

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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
4/17/2015 1:09:37 AM

Ohio man who trained with Islamic militants charged with supporting terrorism

Reuters



By Mark Hosenball

WASHINGTON (Reuters) - A Columbus, Ohio, man who trained with Islamic militants in Syria has been arrested and charged with supporting terrorism and making false statements, the U.S. Justice Department said on Thursday.

Abdirahman Sheik Mohamud, 23, a naturalized American, had been instructed by a Muslim cleric to return to the United States and carry out an act of terrorism, a federal indictment said.

The indictment said Mohamud told an associate that he wanted to go to a military base in Texas and "kill three or four American soldiers execution-style."

Mohamud's brother was killed fighting with the Nusra Front, the Syria-based affiliate of al Qaeda, the indictment said.

Before leaving for Syria, Mohamud had posted material on social media promoting symbols of the Islamic State militant group, the indictment said. A law enforcement official said, however, that once in Syria Mohamud and his brother, Aden, trained with Nusra.

According to the indictment, Mohamud obtained a U.S. passport and purchased a one-way ticket to Greece. He left the United States in April 2014 but instead of flying to Greece, went to Istanbul, Turkey, and then Syria.

In Syria he sent videos of himself to an unnamed person, the indictment said. In one video, he pointed to a gun in a holster on his hip and in another, he stood in front of a white house with a black flag on it.

Upon his return to the United States, the indictment said, Mohamud told an unidentified person that while in Syria, he had been trained in shooting weapons, breaking into houses, using explosives and hand-to-hand combat.

According to the indictment, Mohamud also said that just before he was about to start fighting with militants in Syria, a cleric connected with an unspecified militant group told him he should return to the United States and "carry out an act of terrorism." A law enforcement official identified the cleric as a representative of the Nusra Front.

According to the indictment, Mohamud "wanted to kill Americans, and specifically wanted to target armed forces, police officers or any uniformed individuals." The indictment said Mohamud's plan was to attack a U.S. military base but that he also had a backup plan to attack a prison.

The indictment said Mohamud told his unnamed interlocutor that his brother, Aden, had died and that Mohamud himself "was next and would join Aden soon.

A U.S. official said Mohamud initially was arrested in February in Columbus and held by local law enforcement authorities. The official said Mohamud would be transferred into federal custody on Thursday.

(This story has been refiled to drop Islamic State reference from headline)

(Reporting by Mark Hosenball; Editing by Will Dunham and Bill Trott)


Ohio man who trained with extremists arrested


Naturalized American Abdirahman Sheik Mohamud, 23, was instructed by Islamic militants to kill U.S. soldiers.
Brother killed in Syria


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Luis Miguel Goitizolo

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RE: ARE WE NOW IN THE END TIMES?
4/17/2015 1:25:28 AM

Thousands flee as IS group advances on Iraq's Ramadi

Associated Press

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Raw: Jet Fires on Suspected Islamic State Group


BAGHDAD (AP) — More than 2,000 families have fled the Iraqi city of Ramadi with little more than the clothes on their backs, officials said Thursday, as the Islamic State group closed in on the capital of western Anbar province, clashing with Iraqi troops and turning it into a ghost town.

The extremist group, which has controlled the nearby city of Fallujah for more than a year, captured three villages on Ramadi's eastern outskirts on Wednesday. The advance is widely seen as a counteroffensive after the Islamic State group lost the city of Tikrit, Saddam Hussein's hometown, earlier this month.

Hundreds of U.S. troops are training Iraqi forces at a military base west of Ramadi, but a U.S. military official said the fighting had no impact on the U.S. soldiers there, and that there were no plans to withdraw them.

The fleeing Ramadi residents were settling in the southern and western suburbs of Baghdad, and tents, food and other aid were being sent to them, said Sattar Nowruz, an official of the Ministry of Migration and the Displaced.

The ministry was assessing the situation with the provincial government in order "to provide the displaced people, who are undergoing difficult conditions, with better services and help," Nowruz said.

Sporadic clashes were still underway Thursday, according to security officials in Ramadi. Government forces control the city center, while the IS group has had a presence in the suburbs and outskirts for months. They described Ramadi as a ghost town, with empty streets and closed shops.

Video obtained by The Associated Press showed plumes of thick, black smoke billowing above the city as fighter jets pounded militant targets. On the city outskirts, displaced residents frantically tried to make their way out amid the heavy bombardment.

U.S.-led coalition airstrikes targeted the IS group in Sjariyah, Albu-Ghanim and Soufiya, the three villages the extremists captured Wednesday, the officials added. They spoke on condition of anonymity because they were not allowed to talk to the media.

Anbar's deputy governor, Faleh al-Issawi, described the situation in Ramadi as "catastrophic" and urged the central government to send in reinforcements.

"We urge the Baghdad government to supply us immediately with troops and weapons in order to help us prevent the city from falling into the hands of the IS group," he told the Associated Press in a telephone interview.

The spokesman for the U.N. secretary-general, Stephane Dujarric, said access to the city was limited but humanitarian workers were trying to verify the reports of fleeing residents. Prior to the current bout of fighting, some 400,000 Iraqis were already displaced, including 60,000 in Ramadi district, according to the International Organization for Migration.

Al-Bayan, the Islamic State group's English-language radio station, claimed IS fighters had seized control of at least six areas and most of a seventh to the east of Ramadi since Wednesday, according to the SITE Intelligence Group, which monitors militant websites.

American troops fought some of their bloodiest battles in Anbar during the eight-year U.S. intervention, when Fallujah and Ramadi were strongholds of al-Qaida in Iraq, a precursor to the IS group. Fallujah was the first Iraqi city to fall to the militants, in January 2014.

Iraqi Prime Minister Haider al-Abadi, who was visiting Washington on Wednesday, made no mention of the events in Ramadi. Instead he spoke optimistically about recruiting Sunni tribal fighters to battle the extremists, saying about 5,000 such fighters in Anbar had signed up and received light weapons.

The IS-run Al-Bayan station also reported that an attempt by Iraqi troops to advance on the Beiji oil refinery in Salahuddin province, about 250 kilometers (115 miles) north of Baghdad, was pushed back and that fighters "positioned themselves in multiple parts of the refinery after taking control of most of it," according to SITE.

Iraqi officials could not immediately be reached for comment on the fighting around Beiji. On Monday, Oil Minister Adel Abdul-Mahdi said that Iraqi forces, backed by U.S.-led coalition airstrikes, had repelled an IS attack on Beiji over the weekend.

Meanwhile, a senior U.S. military official told The Associated Press that there were no plans to evacuate U.S. troops from the Ain al-Asad air base, about 110 kilometers (70 miles) west of Ramadi — and stressed that the current fighting around Ramadi had no impact on the base. He spoke on condition of anonymity because he was not authorized to talk to the media.

Since January, hundreds of U.S. forces have been training Iraqi troops at the base.

___

Associated Press writers Sinan Salaheddin and Vivian Salama in Baghdad and Cara Anna in New York contributed to this report.







The militants clash with Iraqi troops in their quest to try to retake ground as U.S. airstrikes continue.
Helping the displaced


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