As many countries around the world are already struggling with the economic disruptions and the spike in oil prices as a result of the ongoing chaos in the Middle East, Japan has decided to release its own oil reserves and it could happen as early as Monday (March 16), according to a news report by Kyodo News.
To put things in perspective, posted below is an excerpt from the news report of Kyodo News Some parts in boldface…
Japan will begin drawing down its oil reserves as early as next Monday to deal with a possible sharp rise in gasoline and other petroleum product prices amid the Middle East conflict, Prime Minister Sanae Takaichi said.
Takaichi told reporters on Wednesday that Japan will release 15 days’ worth of reserves held by the private sector and then one month’s worth of government-held oil without waiting for a decision coordinated by the International Energy Agency.
It will be the first time Japan has released its government oil reserves individually, not in an internationally coordinated way, since the stockpiling of oil began in 1978.
Japan’s dependency on the Middle East for crude oil is “prominently high” compared with other countries and imports are expected to “significantly drop late this month or later,” necessitating measures to prevent a disruption to the supply of gasoline and other petroleum items, Takaichi said.
Citing the possibility that the average price of domestic retail gasoline could surpass 200 yen ($1.26) per liter, Takaichi also said she aims to keep the price at around 170 yen by utilizing a government fund.
The price of gasoline hit as low as 154.70 yen in mid-January but rose to 161.80 yen per liter as of Monday, according to industry ministry data.
“We will flexibly review the support measures to ensure continuous relief for the public even if the (Middle Eastern) situation is prolonged,” Takaichi said.
Japan imports more than 90 percent of its oil from the Middle East, making it highly vulnerable to the effective closure of the Strait of Hormuz, which has prevented the transportation of oil and gas from suppliers in the Persian Gulf, after the U.S. and Israel attacked Iran late last month.
As of the end of December, Japan had 470 million barrels of oil reserves equivalent to 254 days of domestic consumption, of which 146 days’ worth were government-owned, 101 days held by the private sector, and the remainder jointly stored with oil-producing countries.
Let me end this piece by asking you readers: What is your reaction to this development? Do you think Japan made the right decision to release its oil reserves good for fifteen days? Do you think Japan will be able to find new and alternative sources of oil so that it can cut its reliance on Middle East oil?
Following the capture of socialist dictator Nicolas Maduro, US President Donald Trump announced that Venezuela will turn over to America thirty million to fifty million barrels of oil which will benefit people of both nations, according to a news report by Newsmax.
For the newcomers reading this, Maduro ruled Venezuela for more than a decade and his predecessor was none other than the demon Hugo Chavez. Maduro brutalized his fellow Venezuelans and is responsible with the intense deterioration of their national economy. Under Maduro, Venezuela cooperated with the terrorist state of Iran, Communist China and Putin’s Russia. Maduro is also involved in drug trafficking and narco-terrorism.
To put things in perspective, posted below is an excerpt from a Newsmax report. Some parts in boldface…
President Donald Trump said Tuesday that Venezuela is turning over 30 million to 50 million barrels of oil to the United States, with proceeds he said will benefit both the Venezuelan people and Americans.
Trump made the announcement in a post on Truth Social, just days after he authorized U.S. military action to remove socialist strongman Nicolas Maduro from power in Venezuela.
“I am pleased to announce that the Interim Authorities in Venezuela will be turning over between 30 and 50 MILLION Barrels of High Quality, Sanctioned Oil, to the United States of America,” Trump said in the post.
“This Oil will be sold at its Market Price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!” he added.
Delcy Rodriguez was sworn in as Venezuela’s interim president Monday. Rodriguez indicated she would cooperate with Washington.
“I have asked Energy Secretary Chris Wright to execute this plan, immediately. It will be taken by storage ships, and brought directly to unloading docks in the United States,” Trump concluded his post.
Before the arrest of Maduro, Venezuela’s oil sector was a shadow of its former self despite holding the world’s largest proven oil reserves — estimated at over 300 billion barrels.
Decades of socialist mismanagement, expropriation of foreign assets, and U.S. sanctions decimated output, which fell from over 3 million barrels per day in the early 2000s to roughly 1 million barrels per day by 2025.
Sanctions forced much of the crude trade underground and shifted exports mainly to China, with Petróleos de Venezuela, S.A. (PDVSA) struggling to generate cash revenue. Production bottlenecks, lack of investment, and aging infrastructure kept Venezuela’s oil influence weak on global markets.
For additional insight about Venezuelan oil and what it means to America and the world, watch the selected videos below.
Let me end this piece by asking you readers: What is your reaction to this development? With Maduro on trial in America, are you confident that he will be found guilty on each and every charge against him? Do you think the announced high amount of barrels of Venezuelan oil will be a big economic boost for America? Do you think China, Russia and terrorist state Iran are panicking now that they lost their access to Venezuela’s oil? Do you think it is a matter of time before the military hardware of Russia, China and Iran in Venezuela will get dismantled?
The Thai-led oil firm PTT Philippines recently announced that it will expand its operations in the country over the next five years with P1.5 billion worth of investments, according to a Manila Bulletin news report. The expansion includes putting up new fuel stations.
To put things in perspective, posted below is an excerpt from the report of the Manila Bulletin news report. Some parts in boldface…
In a briefing on Friday, April 11, PTT Philippines officials said the company is eyeing to increase its fuel stations to 280 within the next five years.
Athiwat Rattanakorn, president and chief executive officer of PTT Philippines, stated that the oil firm aims to improve its nationwide presence, particularly focusing on establishing more stations in Luzon and Visayas.
Currently operating 170 stations throughout the Philippines, PTT plans to not only boost its pumping stations but also increase the brand’s presence.
The firm has also introduced a reformulated line of fuel brands, namely Power+ gasoline, Eco+ gasoline, Ultra+ diesel, and Save+ diesel.
“This is going to redefine high-performance fuels as they are intended to improve driving experience not only in terms of mileage but also the cleaning and protection formula for the engine to last longer,” Rattanakorn said.
Apichate Thipphayakosai, supply and logistics director of PTT Philippines, clarified that while they’re only aiming to add around 110 stations in the next five years, they’re focused on the aviation industry.
“We don’t go aggressively on the number of stations… We have to invest effectively in terms of that one,” he told reporters. “But one other thing that can be the mainstream of revenue of PTT Philippines is aviation. We can say that [for] most of the domestic flights.”
Let me end this post by asking you readers: What is your reaction to this recent development? Do you think this new plan by PTT will make the Philippines a more attractive destination for foreign investors? Is there a PTT fuel station near you right now?
Disclaimer: This is my original work with details sourced from reading the comic book and doing personal research. Anyone who wants to use this article, in part or in whole, needs to secure first my permission and agree to cite me as the source and author. Let it be known that any unauthorized use of this article will constrain the author to pursue the remedies under R.A. No. 8293, the Revised Penal Code, and/or all applicable legal actions under the laws of the Philippines.
Welcome back superhero enthusiasts, 1970s arts and culture enthusiasts, Marvel Comics fans and comic book collectors! Today we go back to the year 1977 when Marvel Comics had the license to publish comic books about Japan’s iconic monster Godzilla (Gojira in Japanese) and even integrated him into their shared comic books universe.
The mid-1970s saw a decline of Godzilla’s popularity in Japan as reflected in the commercial disappointment of the movie Terror of Mechagodzilla (1975). The company Toho decided to put on-hold the production of its monster movies without permanently ending the Godzilla film franchise. The next Godzilla movie released was The Return of Godzilla (1984) which proved to be a solid rebound of the Japanese film franchise.
Sometime between the mentioned movies, there was interaction between Toho officials and Marvel Comics – including the late Stan Lee – when the Japanese company screened the movie Godzilla vs. Gigan (titled in America as Monster Island) to the comic guys in relation to the film’s American theatrical release. It turns out Stan Lee enjoyed the movie a lot and seated next to him was writer Doug Moench (the eventual writer for the Godzilla comic book series).
With those details laid down, here is a look back at Godzilla: King of the Monsters #1, published in 1977 by Marvel Comics with a story written by Doug Moench and drawn by Herb Trimpe.
The cover.
Early story
The story begins in Alaska when a huge iceberg suddenly deteriorates unleashing a gigantic monster with sharp teeth, dorsal fins and immense strength – Godzilla. After instantly crushing a supply ship, the monster moves onto the land destroying structures and disrupting the lives of every person nearby.
In response to Godzilla’s rampage in Alaska, S.H.I.E.L.D. dispatches its agents to the site of destruction to take on the monster. Meanwhile, S.H.I.E.L.D. director Col. Nick Fury is transporting with him three Japanese individuals deemed important (with clearances from the Pentagon and the White House)…
Quality
Dum Dum Dugan, Col. Nick Fury and the Japanese characters.
To get straight to the point, this comic book not only marked the literary debut of Japan’s iconic monster under Marvel Comics’ banner but also his integration into the shared universe of the time. That being said, the story written by Doug Mench was pretty much a functional build-up of Godzilla’s presence within the realm of Marvel which includes a strategic choice of having S.H.I.E.L.D. and its characters encountering the monster. In short, the creative team decided not to literally pull out Marvel’s biggest guns (the more popular superheroes and teams) as such a move would have lessened the impact of Godzilla’s debut.
For the most part, S.H.I.E.L.D.’s Nick Fury and Dum Dum Dugan had lively portrayals and the way they reacted to the rampage of Godzilla was believable. The introductions of the Japanese characters (who could provide breakthroughs on dealing with the giant monster) were clearly inspired by the Japanese scientists who were crucial in the plot of the original 1954 movie Gojira.
Going further, Doug Mench went on to efficiently establish Godzilla’s origin which creatively is a sensible reinterpretation of what was established in the 1954 movie. The giant monster’s rise as a result of humanity’s testing of powerful weapons on Earth is definitely here.
As expected, Godzilla is the unrestrained force of destruction but as this comic book was released in the 1970s, the destruction scenes lacked impact as they were creatively sanitized with deliberate moves of showing no casualties no matter what happened. This limitation on the part of Marvel Comics showed they were not willing to emulate the approach on destruction and death that was clearly emphasized in the first Godzilla movie of 1954.
As for Godzilla himself, Herb Trimpe’s visual approach is not really good. While Trimpe implemented the guy-in-a-suit shape on the giant monster’s form, he made Godzilla his own (took no inspiration from Godzilla’s cinematic designs) which resulted in making the icon look unrecognizable. There were inconsistencies on Godzilla’s head as well. In certain shots, Godzilla looked terrifying but in other shots, he looked weird or cartoony. The use of the color green did not make Godzilla look reptilian but rather comical.
Conclusion
I can only imagine the SJWs and the climate change extremists enjoying these images of an unrecognizable Godzilla wreaking havoc to the oil supply. Are there lots of people in your local community who were brainwashed to hate oil and gas?
Godzilla: King of the Monsters #1 (1977) is a serviceable approach on debuting the iconic monster within the fantasy realm of Marvel Comics and sparking a new wave of crossovers. There were uneven levels of quality here and there, and Herb Trimpe’s visual approach on Godzilla was alienating to say the least. Honestly, I did not really see Godzilla in this comic book but rather a green-colored dinosaur-like creature that was mislabeled as Godzilla. What works here is the writing by Doug Mench which proved to be entertaining enough.
Overall, Godzilla: King of the Monsters #1 (1977) is satisfactory.
If you are looking for good news and details that can help deepen your faith in the Lord, check out the recent CBN News story about a North Carolina-based church that paid to fill the fuel tanks of hundreds of customers who lined up at the gas stations. Considering how expensive gas is right now, the anointed move by Kingdom City Church is a blessing to those who badly need gas at a time when they are struggling financially. To be clear, Kingdom City Church has been doing this special thing for years.
To put things in perspective, posted below is the excerpt from the CBN News report. Some parts in boldface…
With painfully high gas prices still hurting American families nationwide, churches across the country have partnered with gas stations to help alleviate the burden with either discounted or free fuel.
Kingdom City Church in Charlotte, North Carolina recently took part in helping to fill the tanks of those in need.
“At the end of the day, it’s a blessing to be a blessing to God’s people,” Pastor Brian Carn told CBN News’ The PrayerLink.
He explained that his church has been doing a gas outreach for several years, but with the rising cost of goods, this year’s event was more significant.
“I believe that the life of a Christian should be a life that is overflowing with compassion,” he shared. “We were just faithfully doing it over the last couple of years and it actually came in handy this year in a powerful way.”
More than 300 people received free gas, along with grocery vouchers and gift cards.
“People were actually running out of gas, coming to the gas station,” Carn said of the event that took place in late March. “We were having to push their cars to the gas station, but to be able to use that as a tool to get people saved, pray for people, get people healed and delivered.”
Members of Kingdom City Church pumped gas for drivers so they could sit in their cars and receive ministry and prayer.
“I drove about 25 minutes to get over here to get a tank of gas,” said one driver. “Everyone was pleasant and I really appreciate everything you guys have done for me and everyone out here today.”
“Once we got here you feel the Holy Spirit around us…you can feel His Spirit just move you,” another driver told the church. “Speaking to people prior to getting the gas, praying with people…it’s earth-shaking.”
Pastor Carn personally financed the entire event, giving away $10,000 worth of fuel. He said he wanted to pour back into the community and sow a seed.
“I wanted to make it my business to sow into those who come. You know a lot of times as the church we do a lot of receiving, but not much pouring back into the people,” he explained, “so I wanted to make it my business to sow a seed into the lives of people all over the city of Charlotte so that God could use me as a conduit to let them know that God cares about your tank as much as he cares about your pocket and your heart.”
The above article ended quoting Pastor Carn: “You know Jesus fed them first and then ministered to them. So that was our fish and the loaves.”
Now, check out the related CBN News video below. Watch how caring Kingdom City Church is to the people who need gas…
What this news story should remind you is that when you are blessed by the Lord, do not forget to be a blessing to others. Never forget that God blesses the faithful abundantly! Learn from the following holy scriptures below…
“Your lives light up the world. For how can you hide a city that stands on a hilltop? And who would light a lamp and then hide it in an obscure place? Instead, it’s placed where everyone in the house can benefit from its light. So don’t hide your light! Let it shine brightly before others, so that your commendable works will shine as light upon them, and then they will give their praise to your Father in heaven.”
Matthew 5:14-16 (TPT)
For God is not unjust to forget your work and labor of love which you have shown toward His name, in that you have ministered to the saints, and do minister. And we desire that each one of you show the same diligence to the full assurance of hope until the end, that you do not become sluggish, but imitate those who through faith and patience inherit the promises.
Hebrews 6:10-12 (NKJV)
Yes, God is more than ready to overwhelm you with every form of grace, so that you will have more than enough of everything —every moment and in every way. He will make you overflow with abundance in every good thing you do. Just as the Scriptures say about the one who trusts in him: Because he has sown extravagantly and given to the poor, his kindness and generous deeds will never be forgotten. This generous God who supplies abundant seed for the farmer, which becomes bread for our meals, is even more extravagant toward you. First he supplies every need, plus more. Then he multiplies the seed as you sow it, so that the harvest of your generosity will grow. You will be abundantly enriched in every way as you give generously on every occasion, for when we take your gifts to those in need, it causes many to give thanks to God.
2 Corinthians 9:8-11 (TPT)
For we are His workmanship, created in Christ Jesus for good works, which God prepared beforehand that we should walk in them.
Ephesians 2:10 (NKJV)
For those who are wondering what Kingdom City Church is, check out the excerpt of their history from their website posted below…
Kingdom City Church (KCC) is a national ministry founded in September 2016 by Senior Pastor, Brian Carn, along with the ministry assistance of our former Associate Senior Pastors. KCC is currently located in Charlotte, North Carolina; Jacksonville, Florida; Houston, Texas; and soon to be all over the world! With only a word from the Lord, “Move to Charlotte!” Prophet Carn spoke to the people of God concerning this great assignment the Lord had given him. It was the beginning of a ministry who was hungry for a move of God like never before! As we launched our first service in Charlotte, NC on Sunday, September 4, 2016, we knew God was beginning something that would change the lives of many for years to come. With an extremely packed sanctuary every week, the power of God flowed through the place from beginning to end, compelling men and women to be saved and have a deeper encounter with God.
Praise and thank the Lord for Kingdom City Church blessing so many people with their latest gas outreach! Through them, God’s love, care and blessing were passed on to others!
