A senior Yemeni politician has charged that the United States is making efforts to disintegrate the country in order to gain control over its oil resources. Yemeni Revolution Salvation Front spokesman, Sultan al-Samei, told Al-Alam news channel on Tuesday that the US is seeking to reinforce its military presence in Yemen under the pretext of […]
The latest Stratfor Naval Update map suggests that reports speculating a potential Israeli attack on Iran has been delayed until next year are accurate. With the U.S. having positioned numerous aircraft carriers and other warships in the Persian Gulf, it now appears at least some of them are departing. Click for enlargement. Only last month […]
Iran expanded its nuclear program last year with continued uranium enrichment and growing infrastructure development, according to an annual CIA report to Congress. The report on arms proliferation covering 2011, made public by the Office of the Director of National Intelligence (ODNI), reveals that Iran has produced 4,900 kilograms of low enriched uranium. “Iran continued […]
This Week: 1. No Dick for Canucks 2. Margaret Thatcher is dead 3. Resistance in Quebec 4. Lakota tar sands blockade 5. The San Francisco Commune 6. Dark roast in Barcelona
I’ve commented more than once in these essays on the way that so many people on the leftward end of today’s American politics act as though America’s current empire is unique in the history of the world, either in scale, malevolence, or some combination of the two. In any form, this notion is impressively absurd, […]
President Barack Obama faces an unforgiving foe in his bid to marshal global support for releasing strategic oil reserves: time. For maximum effect, the Obama administration needs to tap into U.S. government reserves no later than the end of this month to avert a spike in gasoline prices to $5 a gallon this summer, which […]
A strike on Iran, however limited, would push the current internal power struggle to a premature end that would not be in the US’ best interests – that is the message, whether intentional or not, of the recent “intelligence leak” that has provided the Obama Administration with justification for standing down with regard to Iran. […]
Impact of the Peaking of World Oil Production on the Global Balance of Power, USACGSC, Dec. 2011 (91 pgs) The U.S. war colleges continue to generate insightful analyses of the potential effects of Peak Oil. Recently the U.S. Army Combined and General Staff College (USACGSC) released an excellent study by Lt. Col. GS Pascal Eggen, […]
Lamentations Monday at Platts Global Power Markets Conference about the lack of a national energy policy. There should be one. … Why can’t we just get it together and make one?. … Accept it, there never has been one and there never will be. Benjamin Salisbury of FBR Capital Markets brought it all up short. […]
One is compelled to pull out that old chestnut, “There he goes again.” The face of Saudi oil, and de facto senior voice of the OPEC cartel, Saudi Oil Minister Ali Naimi entertained us to one of his seminal dissertations, expounding on Saudi Arabia’s concerns for the well being of all mankind. Stating the case […]
The USA Africa Command, which America calls ‘Africom’, is a military structure of the Defence Department of America. Africom was formed in 2007 during President George W Bush’s second term of office. That was two months after America had bombed a small African country, Somalia, destabilising it to the ashes it is today and to […]
After more than a century of ever increasing production and consumption of oil, the Earth is being depleted, and the concept of “peak oil”, hitherto ignored, has become a pressing reality. This strain is already becoming evident through the use of extraction methods that require ever greater amounts of energy, resources and investment. The fact […]
Uruguay has offered to export rice to Iran in exchange for crude oil amid sanctions against the Persian Gulf country which limit financial transactions, Fars reported, citing Uruguay’s Agriculture Minister Tabare Aguerre. Iran, one of the largest consumers of Uruguayan rice, imported about 90,000 tons of the commodity in 2011, the state- run news agency […]
A speaker at the International Inquiry into 9-11, Ruppert, the point man in breaking major stories involving government foreknowledge, corruption, and violations of the Constitution is a former LAPD narcotics investigator, whistleblower and author. He outlines his methodology: you take the statements made by the suspect, you prove them to be liesand that becomes admissible […]
U.S. Secretary of State Hillary Clinton discussed Saudi Arabia’s role in maintaining a stable world oil supply in talks on Friday with Saudi King Abdullah, a U.S. official said. The United States and Saudi Arabia, the world’s top oil exporter, have been strategic allies since the 1940s, but discord over how to respond to Arab […]
By Paul Craig Roberts Great empires, such as the Roman and British, were extractive. The empires succeeded, because the value of the resources and wealth extracted from conquered lands exceeded the value of conquest and governance. The reason Rome did not extend its empire east into Germany was not the military prowess of Germanic tribes […]
Developing nations again seem unlikely to propel one of their own citizens to the World Bank presidency. It may not matter. A group of rising powers is mulling its own alternative to Western-dominated lending institutions. The proposal for a new development bank is one of many to be discussed by the five fast-growing nations known […]
The Obama administration proposed on Tuesday the first rules to cut carbon dioxide emissions from new U.S. power plants, a move hotly contested by Republicans and industry in an election year. The Environmental Protection Agency’s proposal would effectively stop the building of most new coal-fired plants in an industry that is moving rapidly to more […]
A Libyan politician campaigning for greater autonomy for the country’s east said his movement could resort to blocking oil supplies if the central government failed to meet its demands for more seats in the national assembly. Civic leaders from the east of Libya, known as Cyrenaica, launched a push to create a federal Libya earlier […]
South Africa will this week take some initial steps to unseat the US dollar as the preferred worldwide currency for trade and investment in emerging economies. Thus, the nation is expected to become party to endorsing the Chinese currency, the renminbi, as the currency of trade in emerging markets. This means getting a renminbi-denominated bank […]
UK activists from the ‘Stop the War Coalition’ have held a day of action to speak out against war with Iran. Protesters took to the streets of 15 major British cities. In Israel, hundreds marched in Tel Aviv protesting the war. The coalition’s unit in Nottingham declares on its website, that the United States has […]
We’re Spending Money Combating the Wrong Dangers Studies show that people are worry about the wrong things. We are terrified of things that will probably never happen, and underestimate the real dangers which face us. As we noted last year, the extreme vulnerability of nuclear power plants to solar flares is a very real threat […]
The Future of Oil: Peak Prices, Peak Production, Piqued Consumers – Select Committee on Energy Independence and Global Warming – 2008-06-11 – WASHINGTON (June 9, 2008) – As prices at the pump reach record levels on a daily basis, many consumers and analysts are asking the same questions: How bad could prices get? And what […]
leading US-based energy consulting firm says oil price may hit $240 a barrel and economic growth may fall by over 25 percent if Iran closes the Strait of Hormuz in reaction to the Western sanctions. Analysts at IHS Global Insight also told reporters that Iran can easily close the strategic strait and disrupt global oil […]
In an exclusive report, Jerusalem-based DEBKAfile reports that both Israel and the United States are on the same page in regard to launching an attack on Iran. “American and Israeli intelligence evaluations of the state of Iran’s program are in accord – contrary to the impression gained from Obama administration officials,” DEBKA-Net-Weekly reported on March […]
The US government announced recently a 5% tariff on China-made solar products. The tariff is considered low. Nevertheless, the industry has been concerned about whether or not Europe will take on similar investigations against China-based solar firms. China-based media reports noted that applications for such an investigation to take place in Europe may be handed […]
On gasoline prices, President Obama is starting to learn the lesson of his predecessors. The quickest way to lower gasoline prices is by calling on Saudi Arabia. For three decades, US presidents have called on Saudi Arabia to get them out of an oil price bind. Saudi Arabia helped President Ronald Reagan get a leg […]
In response to criticism of his handling of gas prices, President Obama has repeatedly stated that there is “no quick fix.” To some extent, this is true. But then, where has he been for three and a half years? That’s been more than enough time to fix the problem, but he’s done nothing but make […]
Families canceling vacations. Fishermen watching their profits burn up along with their boats’ gasoline. Drivers buying only a few gallons of gas at a time because they can’t afford to fill the tank. From all corners of the country, Americans are irritated these days by record-high fuel prices that have soared above $4 a gallon […]
The Obama administration on Tuesday exempted 10 European Union countries and Japan from U.S. economic sanctions because they have significantly reduced their purchases of petroleum from Iran. Secretary of State Hillary Rodham Clinton granted waivers to Belgium, Britain, the Czech Republic, France, Germany, Greece, Italy, the Netherlands, Poland, Spain and Japan, meaning that banks and […]
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