EU gas price row heats up

Relations between natural gas suppliers and consumers in Europe have come to a crunch point over pricing as buyers seek to wriggle free of long established but costly contracts and benefit from newly available sellers elsewhere. The clash is becoming more political as sparks fly between the European Union and its leading gas supplier Russia. […]

US Ambassador To Libya, Three Others, Killed

Yesterday it was the US embassy in Egypt which fell victim to rioting as angry protestors stormed the building and replaced the US flag with a black one. Today, the violence shifts to Libya where the US ambassador and three staffers was just killed after an attack over a US-produced filmed deemed insulting to Muslims. […]

EU Bites the Hand That Powers It: Gazprom Will Bite Back

Gazprom has Europe’s natural gas market in a stranglehold and Europe is attempting to fight back, first with a raid last year on the Russian giant’s offices and then with a probe launched earlier this week against its allegedly illicit efforts to control the EU’s natural gas supplies. The bottom line is that the same […]

The Declining West: Tragedy or Comedy?

During the Vietnam War, Sweden was an independent country with a moral conscience, and Sweden gave sanctuary to US war protestors who refused the draft. Washington realized the cost to itself and purchased the Swedish government in order to prevent a reoccurrence of moral conscience on the part of any Western government. In the aftermath […]

Peak Oil: The GOP’s Eleven-Day Future

In fact, we will become more vulnerable over the long run, because the renewed embrace of fossil fuels will induce us to postpone the inevitable transition to a postcarbon economy. Sooner or later, the economic, environmental and climate consequences of intensive fossil fuel use will force everyone on the planet to abandon reliance on these […]

Bombs Kill 58 in Iraq, Including 14 in Oil-Producing Region

A series of bomb attacks killed 34 people in Iraq, including more than a dozen in the northern oil region of Kirkuk, Deputy Health Minister Khamees al-Saad said. Another 327 people were wounded in the blasts, al-Saad said in a phone interview from Baghdad. Seven recruits were slain in a suicide car bombing and 17 […]

Can Israel surprise Iran? Maybe not, but could still strike

Prime Minister Benjamin Netanyahu’s cancellation of a security cabinet session on Iran following a media leak last week laid bare a conundrum long troubling Israeli strategists: could they count on any element of surprise in a war on their arch-foe? Possibly not. Years of public speculation, much of it stoked by official statements in Israel […]

Mexico’s outgoing president calls for oil reform

Mexico, the world’s seventh-largest oil producer, needs to change its oil exploration laws to boost output by allowing foreign oil firms greater access, outgoing President Felipe Calderon said on Saturday. Mexico’s oil industry is dominated by state monopoly Pemex and private companies have limited access to the market. The country faces a key test as […]

Street Politics 101

http://www.indiegogo.com/streetpolitics101 For over a decade subMedia has been covering resistance movements from around the world. Our efforts have taken us to Mexico, Japan, Europe, Australia, New Zealand and all over North America. Our mission is to connect with the fighters on the ground and bring you the stories of those who choose to join the […]

Energy and Real Job Creation

Economic resources are scarce. Plenty of economists, authors, and investors take this to mean different things. As I’ve written before, some have incorrectly taken this to be proof that “peak oil” is going to happen. Of course, the thing with oil is that there are plenty of alternatives that become more competitive when the price […]

Are Democrats More Likely to Release Strategic Oil Reserves?

In Issue #7 of Energy Trends Insider, a reader asked about the potential implications of the Obama Administration’s recent announcement that they were considering a release of oil from the Strategic Petroleum Reserve (SPR). My view is that since it is an election season and gasoline prices have remained stubbornly high, the chance of a release […]

Iran: West launches sanctions war against Iran

The West has launched an “all-out … war” against Iran by imposing oil and banking sanctions on his country, Iran’s president charged Tuesday. In July, the European Union banned oil imports from Iran, just after the U.S. enacted tough measures against Iran’s central bank. The sanctions, aimed at curbing Iran’s nuclear development program, have severely […]

How to Organize, Finance, and Launch Local Energy Projects

Is it possible to “relocalize” energy? This is a critical question that must be addressed if we are to achieve true global resilience. In our brand new book (September 4, 2012), Power From the People, energy expert Greg Pahl decisively argues that the answer is YES. Power From the People is the second book in […]

The Obama Energy Plan: A Progress Report Critique

This is an overview of the Obama Energy Plan released in March 2011 as a Blue Print for a Secure Energy Future.  A year later, the White House released a progress report highlighting their accomplishments. My commentary is designed to compare and contrast President Obama’s stated energy strategy with the Romney Energy Plan. The Obama […]

Israelis prepares for war with Iran

Larissa, a 66-year-old manager at an Israeli investment company, waited in line last week at a Tel Aviv youth centre to get a gas mask, one of tens of thousands of Israelis rushing to pick up such protective kits in recent weeks. Amid media speculation that Israel may carry out a strike on Iran’s nuclear […]

Germany, Italy Opposed to IEA Oil Release

Germany and Italy remain opposed to a release of consumer country emergency oil stocks, arguing world markets are amply supplied despite lower Iranian crude output, senior government sources in Rome and Berlin said. German and Italian opposition creates further uncertainty about the timing of a possible drawdown of stocks after G7 finance ministers issued a […]

Cyber War Envelops Middle East

Iran has already been hit by Flame, Duqu, and Stuxnet. Now we are learning of a more mysterious attack against Iran’s oil infrastructure by malware called “Wiper:” Wiper was an aggressive piece of malware that targeted machines belonging to the Iranian Oil Ministry and the National Iranian Oil Company in April. …No one has ever […]

Americans hate oil companies more than the government, poll finds

While the oil industry has long had a negative image with the public, it appears it may be getting worse. A new Gallup poll asked thousands of Americans how they felt about the nation’s 25 largest industries, and 61 percent said they had a negative feeling toward oil companies, according to 24/7 Wall Street. That’s […]

U.S. Sets Higher Fuel Efficiency Standards

The Obama administration issued on Tuesday the final version of new rules that require automakers to nearly double the average fuel economy of new cars and trucks by 2025. The standards — which mandate an average fuel economy of 54.5 miles per gallon for the 2025 model year — will increase the pressure on auto […]

Union wants Venezuela’s oil minister to resign

Venezuela’s largest oil union, a traditional bastion of support for President Hugo Chavez, on Tuesday demanded the resignation of the head of the state oil company for a refinery explosion that killed dozens of people. Jose Bodas, the secretary general of the FUTPV oil union, said Petroleos de Venezuela SA (PDVSA) President Rafael Ramirez, the […]

Why Everybody’s Going To War in the Middle East

“Everybody’s going to war but we don’t know what we are fighting for.” – Nerina Pallot, from “Everybody’s Gone to War”  Iran Wants War Although a peaceful nation for hundreds of years, Iran was invaded and occupied by the Allies in both World War One and Two. Then in 1980, at the urging of the […]

Hillary Clinton Supports UN Population Control

The title alone should make the hair on your back stand up, Hillary Clinton Supports UNPopulation Control.  The idea of elitists determining who should live isn’t new; but many folks have chosen to forget some of the darker periods in history.   Daniel Tailor wrote an article back on August 27, 2007, Eugenics Moves to theTwenty-First […]

Ron Paul Just Made The Last Speech Of His Political Career — Here’s What He Said

Speaking on the eve of the Republican National Convention, Ron Paulreassured hundreds of ecstatic supporters at a rally here Sunday that the revolution he began is far from over. “Let me tell you, I was a little afraid to come down here,” Paul told the crowd at his Sun Dome rally. “I wasn’t afraid of […]

Saudi Arabia – America’s Real Strategic Petroleum Reserve?

As oil prices ticked above $115 per barrel last week, a White House leak revealed that President Barack Obama may dip into the Strategic Petroleum Reserve (SPR), the United States’ 695 million barrel stockpile of emergency fuel supplies. The leak might have been a signal that Washington wants Gulf countries to take action to lower […]

IEA may release oil reserves as soon as September

World oil consumers are poised to tap into emergency oil inventories as soon as early September after the International Energy Agency (IEA) dropped its resistance to a U.S.-led plan, a source and an oil journal said on Friday. Just one week after its chief said there was no discussion of possible emergency action, the IEA […]

Saudi authorities uncover ‘terrorist’ plots, arrest militants, seize explosives

Saudi Arabia’s news agency says authorities have uncovered “terrorist” cells plotting attacks against Saudi police and civilians in Riyadh, the capital. The Saudi Press Agency quotes an unidentified Interior Ministry official as saying that six Yemenis have been arrested after they prepared explosives and experimented with them outside Riyadh. Explosives were seized, the report says. […]

A continental energy strategy? Bring it on

Speaking in New Mexico on Thursday, Mitt Romney announced an energy plan that promised energy independence — not for the United States only — but also for Canada and Mexico. “I’m going to establish an energy partnership with Canada and Mexico,” he said. “We need to work together with these guys, work collaboratively. And we […]

How the U.S. paved the way for Big Oil’s rise — and possible fall — in Iraq

In 2011, after nearly nine years of war and occupation, U.S. troops finally left Iraq. In their place, Big Oil is now present in force and the country’s oil output, crippled for decades, is growing again. Iraq recently reclaimed the No. 2 position in the Organization of the Petroleum Exporting Countries (OPEC), overtaking oil-sanctioned Iran. Now, there’s […]

Twenty reasons not to attack Iran

Recent news stories have detailed disagreements between Israeli and U.S. assessments of Iran’s nuclear capabilities and intentions. While it would appear that for now the United States does not share the apparent Israeli desire for military action toward Iran, President Obama has done everything possible to prevent the Iranians from having the ability to produce […]

China ups lobbying game, but faces key tests in US, Canada

Back in the day, before the U.S. Congress tore apart China’s proposed multi-billion dollar deals with Western companies one after the other, Beijing’s lobbying left little to the imagination. China’s Washington embassy blasted out form letters to every U.S. lawmaker when it was upset with Congress, warning of grave damage to Sino-American relations, congressional aides […]

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