The United States is deploying military forces to the Middle East after Saturday’s drone attacks on major oil sites in Saudi Arabia that the administration of President Donald Trump has blamed on Iran. “The president has approved the deployment of U.S. forces which will be defensive in nature and primarily focused on air and missile […]
Millions of students, youth and their supporters in more than 150 countries will take part this Friday in a worldwide Global Climate Strike demanding immediate and far-reaching actions to abate and reverse climate change. The internationally coordinated protests are being organized in response to the growing realization among young people that the governments of the […]
U.S. Secretary of State Mike Pompeo on Wednesday called the attack on Saudi Arabia’s oil installations an “act of war” against the kingdom by Iran, as the Saudis displayed missile and drone wreckage and cited other evidence they said shows the raid was “unquestionably sponsored by Iran.” Iran, which has denied involvement in the attack, […]
Saudi Arabia said attacks on its critical oil infrastructure were “unquestionably sponsored by Iran” but stopped short of saying the strikes were launched directly from or by the Islamic Republic, claims that could have propelled a drift toward war. With parts of drones and missiles recovered from the attack sites at Abqaiq and Khurais on […]
Donald Trump got the headlines as usual — but don’t be fooled. It wasn’t Trumpism in action this August, but what we should all now start referring to as the Pompeo Doctrine. Yes, I’m referring to Secretary of State Mike Pompeo and, when it comes to the Arctic region, he has a lot more than […]
China has warned President Trump that he is being manipulated by warhawks into believing “conspiracy theories” that Tehran was behind the attack on Saudi oil facilities and that any “revenge attack” on Iran could cause the Middle East to “spiral out of control.” The warning was contained in an editorial posted by the Global Times, […]
Welcome to the world where things don’t add up. For instance, some people did some things to the Saudi Arabian oil refinery at Abqaiq over the weekend. Like, sent over a salvo of cruise missiles and armed drone aircraft to blow it up. They did a pretty good job of disabling the works. It is […]
Iraq denied on Sunday that its territory had been used to carry out attacks on oil facilities in Saudi Arabia, referring to an incident that knocked out more that half the Kingdom’s output. A Baghdad government statement denied “media reports that (Iraqi) territory was used to attack Saudi oil installations using drones,” vowing to punish […]
Saudi Arabia is racing to restore oil production after a brazen drone strike on a key Aramco facility slashed its output by half, or about 5% of world supply, an assault that the U.S. has blamed on Iran. State energy producer Saudi Aramco lost about 5.7 million barrels per day of output after 10 unmanned […]
Saturday’s attack on a critical Saudi oil facility will almost certainly rock the world energy market in the short term, but it also carries disturbing long-term implications. Ever since the dual 1970s oil crises, energy security officials have fretted about a deliberate strike on one of the critical choke points of energy production and transport. […]
American liberals and progressives talk a bit about white privilege, male privilege, straight privilege etc, but one thing I never hear them talk about is American privilege: the ability their nationality gives them to have a relationship with this world that the rest of us do not have. American privilege is reassuring yourself that there […]
A military spokesman for Yemen’s Houthi rebels has claimed a drone attack on two major oil installations in Saudi Arabia. Yahia Sarie made the announcement Saturday in a televised address carried by the Houthi’s Al-Masirah satellite news channel. He said the Houthis sent 10 drones to attack an oil processing facility in Buqyaq and the […]
The United States is “very concerned” about China’s purchases of Iranian oil, Dan Brouillette, deputy secretary of the U.S. Department of Energy, said on Monday. “We are very concerned about the purchases that the Chinese people have made, the government in particular,” he said on the sidelines of an energy conference in the United Arab […]
Making sense of the internal politics of Saudi Arabia has never been easy because of the kingdom’s closed power structure. But major changes have taken place at the top of the Saudi energy industry in recent days, and they will likely have an impact both on Saudi Arabia’s near-term oil policy and how the OPEC kingpin […]
One of the biggest and most consistent challenges of my young career so far has been finding ways to talk about solutions to our predicament in a way that people will truly hear. I talk about these solutions constantly, and some readers definitely get it, but others will see me going on and on about […]
Countries, states or cities are not “scale-neutral” from many economic aspects. By this we mean that per capita costs of certain government services may either fall or rise as the physical size or population of the jurisdiction increases. This may make a difference in the best way for governments to cope with risk, whether it […]
Iran on Saturday said it now uses arrays of advanced centrifuges prohibited by its 2015 nuclear deal and can enrich uranium “much more beyond” current levels to weapons-grade material, taking a third step away from the accord while warning Europe has little time to offer it new terms. While insisting Iran doesn’t seek a nuclear […]
When an environmentalist says he or she wants to “save the planet” be sure to ask: “For whom?” Because often it seems like they’re not doing it for people at all. The anti-people nature of environmentalism is sometimes just a matter of minor inconvenience, as when environmentalist policies force upon us flickering light bulbs, weak […]
Years ago, Doug Casey mentioned in a correspondence to me, “Empires fall from grace with alarming speed.” Every now and then, you receive a comment that, although it may have been stated casually, has a lasting effect, as it offers uncommon insight. For me, this was one of those and it’s one that I’ve kept […]
Today, the Environmental Protection Agency released its proposed rule to completely eliminate regulations for methane emissions from the oil and gas industry across the entire supply chain and to remove all federal rules – for both methane and volatile organic compounds (VOCs) – for facilities in the transportation and storage segment of the supply chain. […]
Two comments last week highlight the dangerous security impasse in which Iran and the U.S. find themselves. The first was from Iran’s spiritual leader, the Supreme Leader Ali Khamenei, that maritime security will remain at risk if its oil exports continue to be compromised. The second was from U.S. Secretary of State, Mike Pompeo, that […]
My new book, Abolish Oil Now, will talk about why the climate movement has failed and what we can do instead to win. If you think that climate change is turning out to be worse than anyone had thought, it’s not hard to find people who agree with you. Just check out some recent headlines: […]
In these horse latitudes of late summer, with the seas becalmed and the riggings a’creak, the Resistance’s ship-of-the-line (a.k.a. the Democratic Party) drifts ever further out of sight of land. Even so, a few of its crew members have jumped ship: New York’s mayor, stowaway Bill de Blasio, may have been shoved overboard. Former Colorado […]
A looming U.S. sanctions deadline is threatening to clobber Venezuela’s dwindling oil-rig fleet and hamper energy production in the nation with the world’s largest crude reserves. Almost half the rigs operating in Venezuela will shut down by Oct. 25 if the Trump administration doesn’t extend a 90-day waiver from its sanctions, according to data compiled […]
The wheel of time rolls forward, never retracing its path, but because it is a wheel, and we are riding in it, a persistent illusion persuades us that the landscape is recognizably the same, and that our doings within the regular turning of the seasons seem comfortably normal. There is no normal. There is for […]
Iran warned the U.S. against apprehending a supertanker carrying the Middle East country’s oil, leaving the fate of the vessel uncertain as it sailed east into the Mediterranean Sea from Gibraltar, where it been detained since last month. The tanker, formerly called the Grace 1 and now known as the Adrian Darya 1, was signaling […]
Even if China continues to thwart US sanctions on Iran, in the case of Venezuela Trump appears to be gaining the upper hand. Bloomberg reported Friday that China National Petroleum Corp. (parent company of oil giant PetroChina Ltd) — the country’s biggest energy company — is for the first time in over a decade backing away from Vezenuelan crude, canceling shipments […]
Drones launched by Yemen’s Houthi rebels attacked a massive oil and gas field deep inside of Saudi Arabia’s sprawling desert on Saturday, causing what the kingdom described as a “limited fire” in the second-such recent attack on its crucial energy industry. The attack on the Shaybah oil field, which produces some 1 million barrels of […]
The Innovation Center for Energy and Transportation (iCET), a leading U.S. and China based think tank focusing on Chinese environmental policy, published a report in May 2019 detailing the structure and feasibility of China’s ambitious goal to phase out internal combustion engine vehicles (ICEVs) in favor of new energy vehicles (NEVs) by 2050. The report […]
A month into his presidency, Donald Trump lamented that the US no longer wins wars as it once did. “When I was young, in high school and college, everybody used to say we never lost a war,” Trump told a group of US governors last February. “Now, we never win a war.” Dominic Tierney, a […]
Oil News Categories
Recent Board Topics
Archive
LATEST NEWS HEADLINES

Member Comments
PO Real Time
No tweets available