More than 88,000 residents have been evacuated

 
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PostPosted: Wed Jun 05, 2019 5:51 am    Post subject: More than 88,000 residents have been evacuated Reply with quote

NEW YORK, May 6 (Xinhua) -- Oil prices gained amid extended worries due to massive wildfires in Canada's oil sand area.


The wildfires raging in western Canada that has forced a massive evacuation in Fort McMurray has grown to 101,000 hectares overnight and is moving away from Fort McMurray, Alberta Premier Rachel Notley said Friday.


More than 88,000 residents have been evacuated from Fort McMurray earlier this week. Several oil production companies including Suncor Energy, Shell and Husky shut plants or reduced production.


Report said that between 900,000 and 1 million barrels a day of oil sands production may be offline due to the blaze, some oil pipelines have been shut down.


The fact that the number of U.S. oil rigs fell for the seventh straight week also helped support the market. According to oil service company Baker Hughes, the number of U.S. oil rigs in use fell by four last week to 328.


The West Texas Intermediate for June delivery moved up 34 cents to settle at 44.66 dollars a barrel on the New York Mercantile Exchange, while Brent crude for July delivery increased 36 cents to close at 45.37 dollars a barrel on the London ICE Futures Exchange.


Caracas - Venezuelan President Nicolas Maduro announced a sweeping crackdown Saturday under a new emergency decree Women's Nike Air Max 95 Grey Purple UK , ordering the seizure of paralyzed factories, the arrest of their owners and military exercises to counter alleged foreign threats.


The embattled leftist is struggling to contain a raging economic crisis that has led to food shortages, soaring prices Women's Nike Air Max 95 White Pink UK , riots, looting and vigilante justice, pushing Venezuela to the brink of collapse.


He accused the United States on Friday of destabilizing the country at the behest of the "fascist Venezuelan right Women's Nike Air Max 95 Pure Platinum Grey UK ," prompting him to declare a state of emergency.


Addressing his supporters at a rally in central Caracas on Saturday, Maduro announced some of the actions to be taken under the decree, which has not yet been published.


"We must take all measures to recover productive capacity Men's Nike Air Max 95 OG White Green UK , which is being paralyzed by the bourgeoisie," he told the cheering, red-clad crowd.


"Anyone who wants to halt (production) to sabotage the country should get out Men's Nike Air Max 95 Stussy Triple White UK , and those who do must be handcuffed and sent to the PGV (Venezuelan General Penitentiary)."


The move comes after the largest food and beverage company in Venezuela, the Polar Group, halted production of beer on April 30 Men's Nike Air Max 95 Black White UK , saying government mismanagement meant it was no longer able to import barley.


The company's owner, billionaire businessman Lorenzo Mendoza, is a vocal opponent of Maduro Men's Nike Air Max 95 KPU Black Gold UK , and the president has accused him of conspiring against his government.


Maduro also ordered military exercises next Saturday "to prepare ourselves for any scenario," denouncing alleged plans for an "armed intervention."


- Ticking bomb -


Opposition leaders accused Maduro of using the emergency decree to destabilize the country and block them from organizing a referendum on removing him from office.


The opposition has launched the process by collecting 1.8 million signatures in favor of a recall vote, but say authorities are now stalling.


At a rival rally on the east side of the capital Men's Nike Air Max 95 Black Red UK , opposition leader Henrique Capriles warned Maduro was pursuing a dangerous strategy.


"Venezuela is a bomb that could explode any minute," he told some 1,000 protesters decked out in the red Men's Nike Air Max 95 Ultra Jacquard Flyknit Grey Black UK , yellow and blue of the Venezuelan flag.


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