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Friday, November 1, 2024

Another US oil refinery to vanish with Lyondell Houston plant closing

 Chemical maker LyondellBasell Industries on Friday detailed its long-announced plan to permanently shutter its 263,776 barrel-per-day (bpd) Houston oil refinery in the first quarter of 2025.

The planned closing marks the latest in a wave of U.S. refinery closures as motor fuel demand is expected to peak this decade and decline under pressure from renewable fuels and electric vehicles.

In January, one of the facility's crude distillation units (CDU) and coker production train will shut, Lyondell refining chief Kim Foley told analysts on a call to discuss third-quarter results.

In February, the second CDU-coker production train, which supplies the gasoline-producing fluidic catalytic cracker (FCC) and ancillary units, will shut, ending motor fuel production, Foley said.

For the fourth quarter of this year, Lyondell plans to run the refinery at 90% of its capacity.

Lyondell originally planned to shutter the Houston refinery in 2023, but extended its life due to strong fuel margins. Last month, rival U.S. refiners Phillips 66 and Valero Energy announced plans to close one California refinery and put two others under review for possible closure in that state.

Phillips 66's 139,000-bpd Los Angeles refinery will cease production by the end of 2025.

"The refinery, if you think back historically, was originally designed to process in-state California crude production, and that has declined by about 75%," CEO Mark Lashier said.

Valero CEO Lane Riggs said last month "all options are the table" for the company's 91,300-bpd Wilmington and 145,000-bpd Benicia, California, refineries. New California laws for maintaining emergency inventories would penalize operators and make their refineries unprofitable, Valero said in a filing with the U.S. Securities and Exchange Commission.

In the last wave of U.S. refinery closures, which occurred between 2017 and 2022, nine crude oil refineries with a combined capacity of 1.2 million bpd were idled or converted to production of renewable fuels.

https://www.marketscreener.com/quote/index/S-P-GSCI-BIO-FUEL-INDEX-46869729/news/Another-US-oil-refinery-to-vanish-with-Lyondell-Houston-plant-closing-48237823/

Judge orders Pennsylvania county to issue ballots for voters who did not receive them

 A Pennsylvania judge on Friday ordered the Erie County Board of Elections to issue ballots for up to 17,000 voters who had not received requested mail-in ballots ahead of the Nov. 5 election.

The state's Democratic Party filed a lawsuit on Wednesday against the county board of elections, challenging its failure to send out between 10,000 and 20,000 requested mail-in ballots.

In the lawsuit, the party said the failure led to "substantial delays and hardships in casting ballots" and potentially violated the right to vote of many electors.

Pennsylvania is one of the seven swing states that will likely determine who wins the presidential election. With 19 Electoral College votes, it is the biggest prize among the battleground states, and both Democrats and Republicans see it as a must-win.

Erie County is widely seen as one of the state's most contested counties.

Judge David Ridge, who serves on the Erie County Court of Common Pleas, ordered the board of elections to extend early voting through Nov. 4.

He allowed the board to hire a company that provides overnight delivery services to send replacement ballots after it was determined that about 1,200 county voters temporarily living outside the state had not received their ballots.

Ridge said in his ruling that it was determined that at least 365 duplicate ballots were sent to voters that contained a ballot with a barcode corresponding to another voter. As a result, he ordered that voters be given the opportunity to cancel previous ballots cast in their name by casting a new one.

Neither the Pennsylvania Democratic Party nor the Erie Board of Elections responded to requests for comment.

"I think that everybody worked together and did the best we could to enable people to vote despite the failings of the county's contractor, which was just horrendous," said Timothy McNair, an attorney for the state's Democratic Party, according to WJET-TV.

Republican presidential candidate Donald Trump and his Democratic rival Kamala Harris are running neck and neck in Pennsylvania ahead of the election on Tuesday.

More than 1.6 million voters have already cast their ballots in Pennsylvania, according to a report by the state.

Over 25,000 voters have cast ballots in Erie County, which has 177,000 registered voters.

https://www.marketscreener.com/news/latest/Judge-orders-Pennsylvania-county-to-issue-ballots-for-voters-who-did-not-receive-them-48238168/

U.S. finalizes rule to review more foreign land deals near military bases

 The Biden administration on Friday finalized a new rule expanding its authority to review foreign purchases of real estate near U.S. military bases for national security threats.


The U.S. has become increasingly concerned about the national security risks posed by Chinese-linked purchases of property near sensitive military sites.


The Treasury Department rule, which was first proposed in July, adds nearly 60 facilities across 30 states to its review list and would expand the jurisdiction of the Committee on Foreign Investment in the United States (CFIUS) to about 227 military installations.


Treasury Secretary Janet Yellen said the final rule "will significantly increase the ability of CFIUS to thoroughly review real estate transactions near bases and will allow us to deter and stop foreign adversaries from threatening our Armed Forces, including through intelligence gathering."


CFIUS, led by the Treasury Department, reviews foreign investments in the United States for national security risks.

Treasury rejected a push to retroactively apply the rule to a proposed battery plant by Gotion in Michigan. Germany's Volkswagen AG is the largest single shareholder of parent company Gotion High-Tech, but Republican lawmakers say China maintains "effective control" through multiple individual shareholders.

The rule will take effect in December.

https://www.marketscreener.com/quote/stock/VOLKSWAGEN-AG-436737/news/U-S-finalizes-rule-to-review-more-foreign-land-deals-near-military-bases-48237397/

Washington state activates National Guard in case of election violence

 The governor of Washington state on Friday said he was activating some members of the National Guard to be on stand-by after information and concerns regarding potential violence related to the 2024 election.

The state, where Democrat Kamala Harris is easily expected to defeat Republican Donald Trump according to polling, was one of two where ballot boxes were set on fire earlier in the week.

Early voting is available to those in Washington and more than 2 million have already cast their ballots, according to the Election Lab at the University of Florida.

"Based upon general and specific information and concerns regarding the potential for violence or other unlawful activity related to the 2024 general election, I want to ensure we are fully prepared to respond," Governor Jay Inslee wrote in a letter published on his website on Friday.

Hundreds of ballots were damaged or destroyed by the use of the incendiary device in the drop box in the city of Vancouver, according to Inslee.

https://www.marketscreener.com/news/latest/Washington-state-activates-National-Guard-in-case-of-election-violence-48238185/

Biden-Harris Administration Wasted Nearly One Billion Dollars On Misinformation

 by Ian Miller via The Brownstone Institute,

The party of “Science” apparently misled hundreds of millions of people on the actual science surrounding the Covid-19 pandemic. Stop the presses.

Starting in early 2020, the combined efforts of Dr. Anthony Fauci, the CDC, the Department of Health and Human Services, and their partners in the media caused an untold amount of damage to society and public health and might have even created conditions for increased Covid spread. How? By repeatedly, profoundly, and often purposefully communicating inaccurate information while spending hundreds of millions of dollars to get their preferred messages across.

Now, a new, massive 113-page report from the US House of Representatives Energy & Commerce Committee has detailed the remarkable abuses from the Biden-Harris administration and the manner in which they communicated during Covid. 

Biden, CDC Partners Literally Wasted a Fortune to Lie to the American People

The report details a number of unbelievable inaccuracies in 2021 coming from the Biden administration’s communications team and the CDC’s messaging apparatus. Fauci and Francis Collins’ National Institutes of Health were also responsible, creating guidance using taxpayer money, nearly $1 billion per the report, that misled millions of people and caused unimaginable harm in the process.

While the Biden-Harris administration’s public health guidance led to prolonged closures of schools and businesses, the NIH was spending nearly a billion dollars of taxpayer money trying to manipulate Americans with advertisements—sometimes containing erroneous or unproven information. By overpromising what the Covid-19 vaccines could do—in direct contradiction of the FDA’s authorizations—and over emphasizing the virus’s risk to children and young adults, the Biden-Harris administration caused Americans to lose trust in the public health system,” Committee Chair Cathy McMorris Rodgers (R-WA) said after the report’s release. “Our investigation also uncovered the extent to which public funding went to Big Tech companies to track and monitor Americans, underscoring the need for stronger online data privacy protections.”

One of the most damaging, and woefully incorrect messaging campaigns centered on vaccine efficacy against infection. As the report details, Biden’s “Stop the Spread” campaign was a pervasive marketing effort in conjunction with the CDC that claimed vaccines would end the pandemic by reducing infections. That had enormous knock-on effects, including decreasing trust in all vaccinations and ultimately harming public health.

“The entire premise of the Biden-Harris ‘Stop the Spread’ campaign was that if you got vaccinated for COVID-19, you could resume daily activities because they said vaccinated people would not spread the disease,” said Subcommittee on Oversight and Investigations Chair Morgan Griffith (R-VA). “Despite lacking scientific basis, the administration bought into this CDC claim and misled the American public. As a result, vaccination coverage with other vaccines appears to have declined, I believe because of a growing distrust of information coming from our public health institutions.”

This campaign was even more disingenuous and purposefully misleading than previously realized. The “Stop the Spread” publicity blitz hid in plain sight a message from the CDC that even they didn’t know whether the vaccines actually stopped infection or transmission. The report shared a screenshot of a page from the Biden administration’s marketing that specifically said “science” wasn’t sure how well the vaccines worked against infection. 

Yet the Biden administration made life-altering policy decisions such as vaccine mandates, discriminatory entry processes, and military vaccination requirements regardless. And that was in addition to the less quantifiable impacts like nudging millions of people to follow their preferred course of action.

CDC Guidance Exacerbated Existing Problems

The report also explains how the Biden administration relied heavily on guidance from the CDC, an organization that thoroughly disgraced itself during the pandemic. There were several examples highlighted, chief among them that CDC “experts” went far beyond what even the FDA claimed Covid vaccines could do.

Without evidence, the report says Biden’s marketing claimed that “COVID vaccines were highly effective against transmission.” Within just a few months, it was clear that all the available evidence pointed towards the exact opposite direction. Per the report, this had a “negative impact on vaccine confidence and the CDC’s credibility when proven untrue.” 

The CDC also had “inconsistent and flawed messaging about the effectiveness of masks,” which created seemingly endless mandates and, again, overconfidence in an ineffective policy. Some of those mandates even continue to this day.

That’s just the tip of their misinformation. A wealth of data and public embarrassments for the CDC confirmed that the organization “consistently overstated the risk of COVID-19 to children,” the report states. That fear-mongering had disastrous consequences, from unnecessarily terrifying parents to prolonged school closures and lack of socialization—setting an entire generation of children back in the process.

Still, after being repeatedly and profoundly proven wrong, the CDC has demonstrated they’ve yet to learn their lesson. In late 2024, the CDC continues to recommend Covid-19 vaccines for babies starting at six months old. That makes the US a global outlier compared to European nations that have maintained at least some level of intellectual honesty.

How Do We Fix CDC Abuses?

The report detailed several recommendations to fix these organizations after their disastrous work during the pandemic. Even implementing just a select few, listed below, would do wonders for fixing the institutional rot that influenced these mistakes. 

  • Congress should consider clarifying responsibility for evaluating the safety of vaccines and streamlining existing reporting systems for capturing vaccine injuries and adverse reactions.

  • HHS and its agencies should embrace a culture of transparency and accountability.

  • The CDC and federal public health officials should not attempt to silence dissenting scientific opinions.

Also highlighted in the report is how the CDC and NIH used their weight in their attempts to censor scientists who dissented from their preferred narratives. Beyond their mistakes, profound inaccuracies, and nearly unlimited spending, their censorship efforts are equally concerning.

As we learned during Covid, if there’s one thing “experts” hate, it’s being told that they were proven wrong. Instead of learning, adjusting, and apologizing, they move to censor, criticize and mislead. This new report is the latest confirmation of these unacceptable “mistakes.” And reaffirms the importance of ensuring they never happen again.

Republished from the author’s Substack

https://www.zerohedge.com/political/biden-harris-administration-wasted-nearly-one-billion-dollars-misinformation

Walz boasted of Minn. hosting ‘numerous senior China leaders’ in 2021 letter

 Minnesota Gov. Tim Walz, the Democratic vice presidential nominee, boasted about Minnesota hosting several top Chinese leaders in a letter unearthed by Fox News Digital.

The Minnesota International Chinese School showcased a 2021 letter from Walz on its YouTube channel celebrating the 10th anniversary of the school’s Chinese New Year.

“Minnesota has a longstanding relationship with the people of China,” Walz said in the letter. 

“The state has promoted Minnesota’s connections with China and has hosted numerous senior Chinese leaders for decades. Thousands of Minnesotans claim ancestral connections to China, which has helped foster numerous ties between Minnesota and China.”

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“These ties are rapidly expanding through the growth of education, trade, and investment opportunities between our two peoples,” he added before congratulating the school on a “very important milestone” and “teaching our language learners and future leaders the importance of speaking multiple languages and of being global citizens.”

The letter came within 10 days of Zhao Jian, the Consul General of China in Chicago, recording a four-minute greeting in Chinese for the school, according to the school’s YouTube channel.

Walz’s connection to Jian has been under scrutiny in recent weeks after the House Oversight Committee unearthed a meeting between Walz and Jian earlier this year discussing “China-U.S. relations and sub-national cooperation.”

While the specifics of the meeting aren’t clear, a 2022 report from the Biden administration’s Director of National Intelligence (DNI) highlighted how U.S.-based Chinese consulates like the one Walz met with “play an active role” in “foreign influence operations” on behalf of the CCP. 

Minnesota Governor Tim Walz, running mate of Vice President Kamala Harris, Democratic nominee for president, arrives to speak during a rally at Burns Park in Ann Arbor, Mich., on Monday, October 28, 2024
The letter from the Minnesota International Chinese School was written in 2021 by Walz and was on its YouTube channel celebrating the 10th anniversary of the school’s Chinese New Year.CQ-Roll Call, Inc via Getty Images

Walz’s decades-long ties to China have come back to haunt him since Vice President Harris picked him to join her Democratic ticket as the vice presidential nominee.

He worked briefly in China as a teacher, traveling to Guangdong in 1989 for a teaching-abroad program to teach English and American history. 

Walz was initially believed to have made dozens of trips to China over his lifetime, but a campaign spokesperson would later try to walk that number back and say he made approximately 15 visits to China, which included his honeymoon in 1994. 

“I’ve lived in China and, as I’ve said, I’ve been there about 30 times. . . . I don’t fall into the category that China necessarily needs to be an adversarial relationship. I totally disagree, and I think we need to stand firm on what they’re doing in the South China Sea, but there’s many areas of cooperation we can work on,” Walz previously said in an interview with Agri-Pulse Communications.

He also came to the defense of the Chinese Communist system, saying during a 1991 school lesson that it “means that everyone is the same, and everyone shares.” 

“The doctor and the construction worker make the same,” he continued, according to the Washington Free Beacon.

“The Chinese government and the place they work for provide housing and 14 kg or about 30 pounds of rice per month. They get food and housing.”

Walz was also quoted by a local outlet in 1990 reflecting on his visits to China, saying, “No matter how long I live, I will never be treated that well again. . . . They gave me more gifts than I could bring home. It was an excellent experience,” Walz said, adding that he had been “treated exceptionally well.”

Fox News Digital recently reported that a Department of Homeland Security (DHS) official sounded the alarm with colleagues about how Harris’ decision to pick Walz for the presidential ticket “feeds into” activities the People’s Republic of China (PRC) were conducting “with him and local government,” warning that Beijing could “target” him to exert influence on U.S. policy. 

“Walt’s [sic] got the Vp,” reads the message, with the identity of the sender redacted.

“You all have no idea how this feeds into what prc has been doing here with him and local gov.”

The official added, “It’s seriously a line of the intel. Target someone who is perceived they can get to DC.” 

A flag bearer unfurls the Chinese national flag during a flag-raising ceremony at Tian'anmen Square on October 1, 2024 in Beijing, China.
Walz has made numerous trips to China over the years.VCG via Getty Images

House Oversight Committee Chair James Comer wrote in a letter to Mayorkas on Tuesday that the Committee is “releasing the above message as an example of communications within DHS’s possession in which DHS officials express concern about the CCP targeting politicians and their influence operations at the state and local levels — and specifically, concerns about the CCP’s influence operations as they related to Governor Walz.”

Walz has also faced scrutiny for his ties to a Minnesota-based medical research institute with a long track record of collaborating with a firm labeled by the Pentagon as a “Chinese military company” and with Chinese officials with controversial ties to the CCP.

In 2014, Walz welcomed a delegation from China to the institute that included Wang Yanling, the vice governor of Henan Province and a Communist Party doctor.

Yanling is listed as holding several positions in the Chinese Communist Party over the course of many decades.

Several members of the Chinese Communist Party have sat on the board of directors at the Henan Cancer Institute, according to an archived version of the organization’s website.

Fox News Digital reached out to Harris-Walz campaign.

https://nypost.com/2024/11/01/us-news/unearthed-letter-reveals-walz-boasted-about-minnesota-hosting-numerous-senior-chinese-leaders/

US Regulator Rejects Amazon-Talen Nuclear Power Agreement

 

The Federal Energy Regulatory Commission rejected an agreement that would have allowed an Amazon Inc.com data center to directly tap into power from an Pennsylvania nuclear plant.

FERC voted 2-1 against the proposal that would have increased the amount of power supplied to a data center located next to the nuclear facility owned by Talen Energy Corp.

https://www.bloomberg.com/news/articles/2024-11-02/us-regulator-rejects-amazon-talen-nuclear-power-agreement