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A nationwide strike by French refinery, power and gas workers lowered crude processing rates and cut power output while the possibility of fuel shortages loomed as Marseille oil terminals remained blocked.

Workers at ten of the country’s 12 refineries voted to strike today, CGT union representative Christian Votte said by telephone. Deliveries to and from plants on strike are blocked and refining rates reduced, he said.

Total SA began halting its Donges and Grandpuits refineries, according to spokesman Michael Crochet-Vourey. Workers at Donges, which can process 230,000 barrels a day and is the company’s second-biggest refinery in France, voted to halt operations. Management decided to begin shutting down Grandpuits, which has a capacity of 101,000 barrels a day, due to a disagreement with unions on the duration of the strike.

The walkout is affecting refineries owned by Total, Ineos Group Holdings Plc, LyondellBasell Industries NV, Exxon Mobil Corp. and Petroplus Holdings AG, according to the CGT union. Electricite de France SA’s nuclear output dropped by 5,000 megawatts today, CGT union spokeswoman Marie-Claire Cailletaud said. The utility said 18 percent of workers in France were striking.

Fuel Shortages

French workers are demonstrating for the fourth time in five weeks to oppose a plan to increase the retirement age to 62 from 60. A strike at Marseille’s oil terminals of Fos and Lavera entered its 16th day as employees demand changes to the way a 2008 ports reform law will be implemented. The halt of some refining operations because of crude shortages and the national strike could lead to fuel shortages for motorists next week, an industry group said.

Gasoline prices in the benchmark Rotterdam-Amsterdam- Antwerp barge market advanced to five-month highs. Eurobob grade traded at as much as $772 a metric ton yesterday, the highest price since April 30. Total was the main buyer of premium gasoline, which traded from $781 to $784 a ton, according to a survey of traders and brokers monitoring the Platts pricing window. That is up from $770 on Oct. 8.

Labor action is affecting all of Total’s crude-processing plants except Feyzin as well as two petrochemical sites, Votte said. Workers at Exxon’s Gravenchon refinery were not on strike today while Fos-sur-Mer is operating at minimum capacity with a limited supply of crude oil and deliveries have been halted from that plant, spokeswoman Catherine Brun said today.

‘Minimal Rate’

Between half and 80 percent of shift workers at Total refineries are participating in the strike, a number that is “comparable” to recent national strikes, Crochet-Vourey said.

Total began halting the crude-distillation unit at its La Mede refinery two days ago because of a shortage of crude supplies due to the port strike while Feyzin is operating at a ”minimal rate,” the company has said.

The Union Francaise des Industries Petrolieres expects some fuel shortages to develop around Marseille next week, Jean-Louis Schilanksy, who heads the French refiners’ organization, said in an interview on BFM radio station.

One way to resolve shortages of crude due to the strike at Marseille’s oil terminals is for the French government to authorize the use of strategic reserves, which are sufficient for the country for three months.

“This Plan B is not in our hands,” Schilanksy said. “The government could authorize the use of the strategic reserves at a given moment.”

Tomorrow

Total, Exxon, Ineos and LyondellBasell have plants in southeastern France that together account for 31 percent of French refining capacity. Workers at Exxon’s Fos-sur-Mer plant as well as the others in the region are on strike today and may continue tomorrow, the CGT union said.

Most of Total’s industrial sites in France have voted for rolling strikes, the CGT union said in an e-mailed statement. No products are leaving Total’s refineries, the union said, adding that it expects fuel shortages in the near future.

Eighty-five ships remained stranded outside the port of Marseille as dock workers and crane operators at all terminals went on strike, said Claire Battedou, a spokeswoman for the port authority, in a statement. At the oil terminals of Fos and Lavera, 56 fuel carriers were blocked including 22 crude tankers and 15 vessels transporting refined products.

The Marseille docks have experienced stoppages in recent years as unions have resisted efforts to transfer public-sector jobs to private companies.

A 12-day strike at the oil hub in December 2008 cost refineries 26 million euros ($36 million), including 15 million euros related to vessel delays and 11 million euros in lost revenue, UFIP estimated at the time. A strike at the oil terminals in March 2007 lasted 17 days.
 

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Just remember, "Everything is bigger and better in America".
:laughing::thumbsup:

As Obama said, in his own words, "I'm just gettin' started!"

Flip a switch here, flip a switch there...

"Workers of the world unite." The new communist manifesto?
 

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:laughing::thumbsup:

As Obama said, in his own words, "I'm just gettin' started!"

Flip a switch here, flip a switch there...

"Workers of the world unite." The new communist manifesto?
:laughing: Obama has no more control, than Bush did, or Clinton, or Reagen, or Bush 1, etc. etc.

You notice, Bush & Reagen were conservatives who expanded government unbelievably. Clinton was a liberal who cut welfare.. Obama is a socialist who is catering to big money.

It's all a game, your all being played, hell we all are.. They laught their asses off while we call Obama a socialist, as he is giving money by the trillions to the too big to fails, and turning our healthcare system into a corporate controlled nightmare, through a law written by insurance companies.. :laughing:

We are a bad joke of ourselves..
 

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:laughing: Obama has no more control, than Bush did, or Clinton, or Reagen, or Bush 1, etc. etc.

You notice, Bush & Reagen were conservatives who expanded government unbelievably. Clinton was a liberal who cut welfare.. Obama is a socialist who is catering to big money.

It's all a game, your all being played, hell we all are.. They laught their asses off while we call Obama a socialist, as he is giving money by the trillions to the too big to fails, and turning our healthcare system into a corporate controlled nightmare, through a law written by insurance companies.. :laughing:

We are a bad joke of ourselves..
:agree:
I was just using that phrase of Obama's as an ironic example. The switch flipping is being done, by 'nudging' the right factions here and there.

A better, perhaps more fitting phrase would be, "We are becoming a parody of ourselves."
 

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Crap, no french fries??? No French Toast??? No French Kiss??? They are not making the French Ticklers??? No more smelling like a French Whore??? No French dressing? what will Mcdonalds do? No French Manicurs??(thanks wife) No French Maid outfits??? Did I miss anything? Who gives a rats A$$, they dont like us and I dont like them. Even one of my Coworkers (a Norwegian) said they dont like any body. F them. .02$
 

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I make the same point I made in the Greece thread. They are doing all of this striking because France wants to raise retirement age from 60 to 62? Waaaaaaaaah! Where is it written that every person should shut down his productivity at 50? 55? 60? What's wrong with working for what you get as long as you can work? All of Europe is nearing this blowup point over the laziness they have trained into their workforce. America is not far behind thanks to the unions. Come on, French people. Suck it up and work for what you get. More and more Americans will be working until 65-70, and as long as they are physically able, that's a good thing.
 

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I make the same point I made in the Greece thread. They are doing all of this striking because France wants to raise retirement age from 60 to 62? Waaaaaaaaah! Where is it written that every person should shut down his productivity at 50? 55? 60? What's wrong with working for what you get as long as you can work? All of Europe is nearing this blowup point over the laziness they have trained into their workforce. America is not far behind thanks to the unions. Come on, French people. Suck it up and work for what you get. More and more Americans will be working until 65-70, and as long as they are physically able, that's a good thing.
How about the banks and oligarch "Suck it up". You haven't noticed the huge profits they have made since this began? :laughing: Let me guess, they made huge profits by being good at what they do? Your right, they are very good at raping and pillaging US! People lost their retirements, and AIG & others used tax payer money to pay themselves bonuses and pay of foreign bankers and oligarchs.

And you support that? :huh: That's not conservatism, that's insanity.
 

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How about the banks and oligarch "Suck it up". You haven't noticed the huge profits they have made since this began? :laughing: Let me guess, they made huge profits by being good at what they do? Your right, they are very good at raping and pillaging US! People lost their retirements, and AIG & others used tax payer money to pay themselves bonuses and pay of foreign bankers and oligarchs.

And you support that? :huh: That's not conservatism, that's insanity.
If you got the bonus I wonder if you would still be this emotional about it? :huh:
 

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How about the banks and oligarch "Suck it up". You haven't noticed the huge profits they have made since this began? :laughing: Let me guess, they made huge profits by being good at what they do? Your right, they are very good at raping and pillaging US! People lost their retirements, and AIG & others used tax payer money to pay themselves bonuses and pay of foreign bankers and oligarchs.

And you support that? :huh: That's not conservatism, that's insanity.
I never said I supported the misdeeds of banks. What I said was that in the case of Greece, it wasn't banks that caused their problems - it was government promising more than they could deliver for a couple of generations until no one remembered what a normal work life was like.
 

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I never said I supported the misdeeds of banks. What I said was that in the case of Greece, it wasn't banks that caused their problems - it was government promising more than they could deliver for a couple of generations until no one remembered what a normal work life was like.
Your missing the point, the central banks ARE the government. Same there as it is here. They give you 2 choices, usually one is slightly less evil than the other. You make your choice, they proceed to put all their people in the real positions that matter, and your have been disenfranchised and you defend it.. crazy huh? :laughing:

You actually think you got a dog in the hunt, when you ARE the hunt..
 

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Your missing the point, the central banks ARE the government. Same there as it is here. They give you 2 choices, usually one is slightly less evil than the other. You make your choice, they proceed to put all their people in the real positions that matter, and your have been disenfranchised and you defend it.. crazy huh? :laughing:

You actually think you got a dog in the hunt, when you ARE the hunt..
Of course, the nice thing about having a conspiracy theory is that no one can argue with it. No matter what the rebuttal, there is always some "secret" group who has a magic hand over the proceedings. Sorry. I'm not buying it.
 

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I don't know.. I have too much self respect to get involved with those devils.

If you lost your retirement, would you be more emotional about it? ;)
If I left my retirement up to some bank and lost it, then I guess I would have no one to blame but myself. Since I have taken control of my future "my investments" I still have no one to blame but myself if it goes under, but it does eat up some time. At least I can sleep knowing that I have made decisions I feel good about and not done the lazy thing,which is leave it up to someone else.
 

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Of course, the nice thing about having a conspiracy theory is that no one can argue with it. No matter what the rebuttal, there is always some "secret" group who has a magic hand over the proceedings. Sorry. I'm not buying it.
:laughing: The conspiracy theory is free-market capitalism. A fairy tale that's been dead for nearly a century. And yes you did buy it, hook line and sinker. At one point, we all bought into it.

They aren't secret, they are out in the open, flaunting it and your cheering like a 15 yr old girl at a HS football game.. for your own demise. :crazy:
 

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If I left my retirement up to some bank and lost it, then I guess I would have no one to blame but myself. Since I have taken control of my future "my investments" I still have no one to blame but myself if it goes under, but it does eat up some time. At least I can sleep knowing that I have made decisions I feel good about and not done the lazy thing,which is leave it up to someone else.
That's good, let's hope it isn't all in their fiat currency. Because the days of paper assets are coming to an end. If you have dollars, you lost 30% since 2000, even if they are under your pillow. :laughing:

"The trifling economy of paper, as a cheaper medium, or its convenience for transmission, weighs nothing in opposition to the advantages of the precious metals... it is liable to be abused, has been, is, and forever will be abused, in every country in which it is permitted." --Thomas Jefferson to John W. Eppes, 1813. ME 13:430
 

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:laughing: The conspiracy theory is free-market capitalism. A fairy tale that's been dead for nearly a century. And yes you did buy it, hook line and sinker. At one point, we all bought into it.

They aren't secret, they are out in the open, flaunting it and your cheering like a 15 yr old girl at a HS football game.. for your own demise. :crazy:
If the bankers run the government, then I bet those guys at Lehman Brothers are pissed. Since when do the employees fire the employers?
 

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If the bankers run the government, then I bet those guys at Lehman Brothers are pissed. Since when do the employees fire the employers?
:laughing: I guess you missed the senate hearings.. Lehman boys were pissed, as hell.

Not all banks, not all brokerages. But GS's fingerprints are all over everything bad that has happened to people all over the world. No way to explain it away... and GS wholly owns the US gov and the IMF.
 

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That's good, let's hope it isn't all in their fiat currency. Because the days of paper assets are coming to an end. If you have dollars, you lost 30% since 2000, even if they are under your pillow. :laughing:

"The trifling economy of paper, as a cheaper medium, or its convenience for transmission, weighs nothing in opposition to the advantages of the precious metals... it is liable to be abused, has been, is, and forever will be abused, in every country in which it is permitted." --Thomas Jefferson to John W. Eppes, 1813. ME 13:430
Ever since I was a little Vette wanna be, I remember "dont put all your eggs in one basket" That pertains to everything in life.
 
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