If president obama gets his way, even as he continues to fight efforts by many of us to repeal outdated oil expert ban that would allow us here in this country to send oil to our allies. I think it does beg the question, and part of the discussion hopefully this newing will be with that source of revenue, that iran is anticipating to receive, what do we do with it . What will the intentions of these be . Libby did do good and build hospitals . Libby to direct yet additional sources of revenue to the terrorist organizations. In recent months we have seen a great deal of discussion about isis Oil Production and distribution, and Coalition Efforts to disrupt this source of revenue. Bottom line is that the Islamic State this oil is helping to finance terrorism. Significantly. I have long argued that Energy Security is central to National Security. Last year we released a series of reports. One was entitled Oil Production outages and strategic warnings. Another was iraq, through the lens of
Reserve. Its there for a reason. The word strategic is there in a very significant place. On that front, the proposal by some to permanently ban production in a small sliver of the nonwilderness, which could be the strategic reserve, is just wrong. Its dead wrong. As terrorists threaten oil supplies in the middle east and as state sponsors prepare to make billions of dollars from selling our oil to allies, some within congress are talking about intentionally and severely hurting American Energy production. This hearing this morning is about education. Members of the house and senate and the Administration Must understand the economic and the geopolitical context of the National Interests that we are considering. This committee has a unique perspective, given that over 90 of Iraqi Government revenues are due to oil exports, given nearly 09 of syrias Oil Production is offline and given that oil accounts for over 40 of isis monthly revenue, according to ihs. So you can expect me as chairm
Libya, yemen, and sudan has been knocked offline due to terrorism and violence. The indisputable fact we are dealing with is that north american barrels have largely displaced or largely replaced and disrupted production so far. In tandem with imaginations that opec, the Global Oil Supply is saturated, and may be for some time. We also know that iran, one of the original and most deadly state sponsors of terrorism will soon be rejoining the Global Oil Market. If president obama gets his way, even as he continues to fight efforts by many of us to repeal outdated oil expert ban that would allow us here in this country to send oil to our allies. I think it does beg the question, and part of the discussion hopefully this newing will be with that source of revenue, that iran is anticipating to receive, what do we do with it . What will the intentions of these be . Libby did do good and build hospitals . Libby to direct yet additional sources of revenue to the terrorist organizations. In rec
That should be a principle of you and the principle that the Prime Minister reiterated in Prime Ministers questions today. I would have hoped that would have been a principle that could have been held by everybody across all parties in this house of commons. Certainly as far as im concerned, as far as the conservative party is concerned our manifesto would make it clear well introduce legislation needed to restore our declining Communications Capability and well use all the legal powers available to us to make sure where appropriate the police and security and intelligence agencies have the maximum ability to intercept the communications of suspects while insuring that such intrusive techniques are of course properly overseen. Mr. Peter hayes. Of course the secure Services Must have the necessary tools for the job but does she accept the priority is speak up, stand up against and where necessary confront islamophobia, antisemitism, racism and the fascist groups like the bnt and their d
Illicit Trading Network with these rare nation states, and last year signed an economic trade deal with russia. This will provide pyongyang with an economic boost to counter sanctions and counterbalance the chinese who have been putting some pressure on them. Theres a growing speculation about how big north koreas cyberarmy really is, and where it has received the training to orchestrate such an attack. Could either of you first describe the cybercapabilities and expertise and finally do you have a sense of how big that cyberarmy is . Thank you very much. I would refer to the general on the cyberissue. I think franklynoic is running out of friends because of their is it abus. China has a i think what we have seen in our conversation with china is china is working with us more effectively in trying to stifle north koreas dangerous activities. I think all of us need to do more, including china. There is been some contact, some seniorlevel discussions, but i believe the bottom line is the