Crude oil down in New York after U.S. supplies climb high

The price of crude oil has fallen to the lowest level in two weeks as a result of surge in the oil supply. Report from US Energy Department showed that the price of oil fell

The price of crude oil was down fro $181 to $109.24 a barrel at the Mercantile Exchange of New York. This is the lowest the price of oil could go since April 19th of last year.

It would be recalled that the prices of oil went up by as much as 32 percent a year ago. The crude oil stockpiling at Oklahoma has gained by as much as 102,000 to 40.5 million.

However, the cost of the gasoline has increase from the cost of 15 cents to $3.92 yesterday. This was the highest to be recorded since the tear 2008. The level of consumption of gasoline has dropped to a level 8.94 barrels last week.

Crude Oil down in New York after U.S. Supplies Climb to a Six-Month High

The price of crude oil has fallen to the lowest level in two weeks as a result of surge in the oil supply. Report from US Energy Department showed that the price of oil fell down by 16 percent. Stockpiles of oil increased to 3.42 million barrels when compared to 366.5 million which was the level of stockpile a week ago. This is one of the highest levels of stockpile recorded in the country since October of last year when the inventory forecast put it to a gain of about of 2 million barrels.

The price of crude oil was down fro $181 to $109.24 a barrel at the Mercantile Exchange of New York. This is the lowest the price of oil could go since April 19th of last year. It would be recalled that the prices of oil went up by as much as 32 percent a year ago. The crude oil stockpiling at Oklahoma has gained by as much as 102,000 to 40.5 million.

However the cost of the gasoline has increase from the cost of 15 cents to $3.92 yesterday. This was the highest to be recorded since the tear 2008. The level of consumption of gasoline has dropped to a level 8.94 barrels last week.

Libyan crisis lingers

It was the famous British author Agatha Christie who warns more than a decade ago that war never settles anything but brings agony to both the victor and the vanquished.

The scenario could be said to be the situation that is currently taking place in Libya where the rebels in that country are lucked in war with the government of Colonel Moamar Gadhafi. The international community tried to intervene in the crisis through the UN resolution that seeks to protect the civilian populations in Libya.

NATO took up the campaign to enforce the UN resolution against Libya. For more than 40 days that NATO had intervened in the war Col Gadhafi still holds to power. The rebels are unable to push much despite the support from the NATO. While the two sides in the conflict are punching their fists over who will carry the day, it is the Libyan civilians that are at the receiving end of the entire crises. The intervention of NATO in the war was to protect the civilians whom the government of Libya has turned its weapons against.

The truth is that whether we accept it or not the war in Libyan is taken its toll on the Libyan civilians and the more it rages the more the people suffer for it.

Obama administration officials Visit Alabama

The officials of the government of the United States of America have visited the tornado affected cities of Alabama on Friday and Sunday and vowed to take action.

President Obama toured the city on Friday and was followed suit by the Homeland and Security Secretary Janet Napolitano who visited the affected area on Sunday. The officials who visited the worst hit including the aged promised to bring in federal assistance to the affected people. Obama had promised federal help for the affected people.

When the Homeland and Security secretary visited the devastated city she was accompanied by two cabinet secretaries as well as some journalists and lots of other government officials drawn from the federal, state and local government levels. They observed some of the damaged infrastructures such as the electrical wires and other items that were damaged by the storm.

As the government officials visited the devastated areas one could see the residents groping with the event. Some of the residents even exchanged views with the officials that have come to see things for themselves.

It would be recalled that heavy tornado hit the city of Alabama last week causing untold hardships to the residents. However one is expecting that the administration will live up to its promises by bringing succor to the affected people.

Breakdown of play station network anonymous denies involvements

Anonymous group has denied that it has anything to do with the breakdown of PlayStation Network. Despite the repeated pledge by Sony that the PlayStation will be back to the game lovers, the online gaming console is still offline causing untold hardships to people who depended on the system for their living.

But it seems that Sony is concerned with finding out what actually went wrong and which hackers are responsible for the collapse of the online gaming system. So far the culprits have not being identified.

Sony has disclosed in the earlier part of the week that well over 24 million of its user’s accounts have been tampered with. This is in addition to the initial 77 million accounts that were hacked.

However Sony has evidence that linked the Anonymous hacker group as being responsible for the problems the PSN has been having for few weeks now. From the look of events it appears that the attack on the PSN was carried out by a highly organized criminal group. It was disclosed that a file placed on one of the PSN servers had an inscription that “we are legion” according to Sony.

Sony was prompt in accusing the Anonymous group for being responsible, but anonymous has come out to deny any involvement. They said that they never believed in the massive fraught of societal laws. But there may be other angle to the story. It is possible that those who want to use the name of Anonymous group may be doing so to confuse the investigators to back out of the investigation.

Apple’s iOS 4.3.3 is out with location tracking fixes for iPhone, iPad

The last is yet to be heard about the ongoing controversy concerning location tracking by apple iphone products. The manufacturers of the iphone apple have made available the updated iphone operating system which seeks to provide further insight into the location tracking controversy.

The iOS 4.3.3 software is available in GSM iphone4 iphones through iTunes, it is also available in iphone 3GS, iPad products and in the fourth generation of the Ipod touch.

According to the notes that was released the iOS 4.3.3 minimizes the databases sizes and eliminates cache functionality when the device is connected to the computer; the entire cache is deleted when the location functionality of the device is off. It is possible that apple may have addressed the other bugs that are connected to the controversy.

It will be recalled that there was a controversy few weeks ago about location tracking capacity of iphone products by apple. The controversy was raised by two researchers who raised alarm that the 3 G facility in iphones can track down user’s location. The location tracker had never been an issue with iphone products until the release of one of the latest models of apple products which is iOS 4 some months ago which made some revelations about their locations.

Apple has tried to exonerate itself of any blame on the location tracking issue saying that the products do not track the users and transmit back to apple.

NATO insists Gadhafi not target of air strikes

NATO has thrown more light on the air strike that killed the son of Libyan leader Colonel Moamar Gadhafi. The NATO officials maintained that the air strike that killed the Libyan Leader’s son was not targeted at Gadhafi but to a military control center that was located in the country’s capital Tripoli. It said that the strike was never an assassination attempt as being insinuated in some quarters.

In a statement NATO described the air attack as “a known command and control building.” The NATO official who is at the head of the military air strike against Gadhafi Lt Gen Charles Bouchard said that the reported death of Gadhafi son and grandson could not be confirmed.

He maintained that the air campaign against Gadhafi is not targeted at individuals but at military institutions.

It would be recalled that Libyan officials said that the Saturday’s air attack in Tripoli has caused severe casualties including the death of Gadhafi son and grandson. The government official said that Gadhafi escaped death narrowly during the air strike.

However NATO had maintained that all its attacks are against military installations. It said that Gadhafi has built military sites at residential areas. NATO had intervened in the war in Libya to protect the Libyan population against attack by the Gadhafi led government. Gadhafi has been in power for more than four decades.

Rebellions warn Yemeni president Saleh against massacres

Protestes in Yemen

Protesters are insistent on criticizing the breach of deal between the Gulf Cooperation Council and the Yemeni President and they fiercely demonstrated against the later. They warned the President that killing protesters would make it impossible to proceed with the deal.

The demonstrators issued this warning following the murder of 13 rebellions in Sanaa and one in Aden by the pro-government security forces. Around 100 protesters were injured in the clashes with the security forces.

The statement issued by the opposition demonstraters said that they had accepted the Gulf deal in hope to stop blood shedding, but the government has yet not stopped killing innocent peopleagitated them.

The opposition members feel that the Saleh government is using GCC deal to kill Yemenis and they would never accept the same if the massacre does not stop soon.

The deal is yet to be finalized and signed by the Yemeni government and the opposition members. The GCC proposal includes a transfer of power from Saleh to his opposition within 30 days of signing the deal  in exchange, Saleh and his supporters would be provided immunity.  There is also a condition of formation of new unity government within 7 days after Saleh’s resignation.

The GCC refers to six oil-producing nations in Gulf region, which have been working together to establish peace in Yemen.

However, the international human right group—Amnesty International opposed the proposal of providing immunity to Yemeni President and his supporters who are involved in brutal massacre of innocent people.

Amnesty International’s director for the Middle East and North Africa, Malcolm Smart stated that Saleh should not be allowed an escape from punishments for the human rights crimes he committed—torturing Yemeni civilians and killing them.

Israel refutes unity deal with Palestine

The Palestinian territories are now under the whim of a fight for power sharing. The Palestinian leaders including that of the rival factions HAMAS and Fatah are trying to make an agreement with the rival Israel to for a shared jurisdiction over the disputed land in order to establish peace in the region.

The diplomats expect the deal to create more chances for Palestine to exist or survive as a separate and sovereign identity.  However, Israel does not seem to be appeased with the proposal.

Israel rejected the offer from the Palestinian groups citing their insistence to defy its identity as a country and also due to the continuous violent activities carried by them.

At present HAMAS control the territory of Gaza strip and its representative Moussa Abu Marzouk is leading the talks with Israel over unity deal proposal.  He called it as an end of a period in Palestinian history to free people from territorial jails.

Azzam Al Ahmed, a delegate from the Fatah group stated that Palestinian territories have been ruled by division and people wanted an end of this division and occupation era. He called the initiative to establish a power sharing deal was called as an achievement for the Palestinian youth.

Devastating tornado takes 77 lives in Southern US

The United States faces vicious cycles of devastation once again, this time due to ravaging tornadoes killing around 77 people in the Southern part Wednesday.

Alabama lost 61 people in powerful storms while 16 people were killed in neighboring Mississippi, Georgia and Tennessee. In Alabama, 15 people were found dead in the Tuscaloosa alone due to decimated infrastructure. Eleven people lost their lives in Jefferson County near Birmingham.

The University of Alabama was severely damaged due to collapse of many buildings and 100 people were injured and hospitalized for emergency treatment.

According to the city mayor Maddox, the Tuscaloosa experienced more devastating impact of tornadoes due to its dense population and infrastructure.

President Obama had a talk with. Robert Bentley, governor of Alabama and approved emergency federal assistance for the state. He also sent search teams and rescue assets immediately to the places damaged severely. The Wednesday storm was initiated due to terrific weather conditions near Southern region and East Coast. More storms are being predicted even today.

Tornadoes have moved eastward now from Texas to Georgia and the experts fear more thunderstorms very soon.

Following the deadly tornadoes in this week there have been a continuum of storms killing 10 people in Mississippi and Arkansas.

Obama releases certificate to rule out birth controversies

The US President Barrack Obama finally comes forward to rule out all controversies about his birthplace. Right from the presidential campaign there have been allegations made by the opposition doubting and questioning about Obama being a rightful candidate for the presidential post.

The White House has released a formal long form version of birth certificate showing that President Obama was born in Honolulu. Obama expressed his bewilderment over the queries over his birthplace. During campaigns, he had repeatedly tried to calm the voters assuring that he was a rightful candidate for the presidential post and was a legitimate native of the United States. He stated that the rivals spread the rumor in order to pull some extra votes.

Talking about the economic slump, which the United States is still struggling with, Obama stated that there were more serious matters to be thought over and no one had time to discuss such things.

According to a recent poll conducted by the CBS/New York Times, one fourth of the American population was still found under conservative influence doubted Obama’s constitutional legitimacy to be the president of the country and think that he was born outside.

This made Obama rethink over his stand on the issue. Admitting that the rumor was not doing any good to the country, he clarified the matter by releasing an official birth certificate, stated White House communications director Dan Pfeiffer on its website.