Iran has no plans to leave OPEC

Iran has no plans to leave the Organization of the Petroleum Exporting Countries despite being treated like an enemy by some fellow members, Oil Minister Bijan Zanganeh said in an interview published on Saturday. “Iran has no plans to leave OPEC…and regrets that some members of OPEC have turned this organization into a political forum […]

Kunstler: Going Where, Exactly?

In response to what has become a nation of shameless racketeering, vivid wealth disparity, and shocking destitution on display in city streets, the party of the common man seeks remedies in the redistribution of capital. Seems more than fair to many. It’s not for nothing that they style it “social justice,” the cutting edge of […]

The people refusing to have kids, because of climate change

Climate change is rapidly changing the environment we live in. But how far would you be willing to go to help save the planet? Would you skip school? Eat pig’s feet? Deliberately get arrested? How about forgo having kids? For 33-year-old British musician Blythe Pepino the latter is a reality. Her fears about climate change […]

Russia, China Prepare To Dump Dollar, Agree To Bilateral Trade In National Currencies

Just one month after conducting joint military exercises, Russia and China are set to sign an agreement which would boost the use of their national currencies in bilateral and international trade in an attempt to mmove away from the current dollar-denominated financial system, according to Russian state-owned news outlet TASS. It is planned that Russia and China […]

Is The Future Fascist?

Climate Change, Mass Extinction, Inequality, and Stagnation All Fuel Fascism. But Those Define This Century. Now What? There’s a difficult and uncompromising question that I think needs to be asked at right about this juncture in human history. Given the resurgence of global nationalism, extremism, fascism — America, Germany, Poland, Hungary, France, to name just a few — is it […]

Society Is In Decay – When The Worst Is First & The Best Is Last

If you want to see where a country’s priorities lie, look at how it allocates its money Plutocrats like to control the range of permissible public dialogue. Plutocrats also like to shape what society values. If you want to see where a country’s priorities lie, look at how it allocates its money. While teachers and […]

Peak Oil and the Japanese-Russian Alliance

Prime Minister Shinzo Abe shakes hands with Russian President Vladimir Putin ahead of a news conference held before the start of the Eastern Economic Forum in Vladivostok, Russia, last September. | BLOOMBERG Keep in mind, Dimitri Simes is running American foreign policy through The Center for the National Interest:  NIXON CENTER— KREMLIN — TRUMP (The Center for […]

From The Ministry Of Truth: The US Will Export More ‘Freedom Gas’

You don’t expect transcendent writing to emerge from the federal bureaucracy. But this would surely make George Orwell shake his head in disgust: Increasing export capacity from the Freeport LNG project is critical to spreading freedom gas throughout the world by giving America’s allies a diverse and affordable source of clean energy. The quote is from […]

Fossil Fuel Subsidies Are Destroying The World

Subsidies for the fossil fuel industry should be eliminated as they help to “destroy the world” the United Nation’s Secretary-General Antonio Guterres told media this week, adding pollution should be taxed, as quoted by Reuters. “Many people still think that to give fossil fuel subsidies is a way to improve living conditions of people,” Guterres said […]

US energy department rebrands gas exports ‘molecules of freedom’

US energy officials appeared to rebrand natural gas produced in the country as “freedom gas”, in a statement announcing an increase in exports. The US Department of Energy said the expansion of a Texas facility meant more “molecules of US freedom” could be produced and exported worldwide. The facility, based in Quintana, produces liquified natural […]

Trump won’t gamble with US strategic oil stocks despite supply disruption risks

Keeping fuel prices low is a political priority for US President Donald Trump. Just don’t bet on him gambling with America’s emergency oil stocks to achieve a second term in office, at the risk of jeopardizing energy security for the world’s largest economy. Created in the early 1970s, soon after the oil shock caused by […]

Saudi Arabia ‘seeks to avert war, ready to respond with force’

Saudi Arabia wants to avert war in the region but stands ready to respond with “all strength and determination” after last week’s attacks on Saudi oil assets, a senior official said, adding that the ball was now in Iran’s court. Riyadh has accused Tehran of ordering Tuesday’s drone attacks on two oil pumping stations in […]

Kunstler: Rumors of War

The race to economic collapse is an international competition sparking threats and tensions summoning the specter of war. The imploding center of this collapse is that of industrial technocracy based on fossil fuels. All the nations will go through it on differing schedules. It has been playing out slowly, painfully, and deceptively — hence, my […]

Why it (sort of) makes sense for the US to impose tariffs

Nearly everyone wonders, “Why is Donald Trump crazy enough to impose tariffs on imports from other countries? How could this possibly make sense?” As long as the world economy is growing rapidly, it makes sense for countries to cooperate with each other. With the use of cooperation, scarce resources can become part of supply lines […]

9/11 connection remains cloaked in government secrecy, breeding suspicion of Saudi role in terror attacks

The facts and the treatment of former Sarasota, Fla., residents Abdulaziz and Anoud al-Hijji are extreme but not unique. Saudi Arabian born, raised in the fringes of palace aristocracy, Abdulaziz al-Hijji and his family had lived for over a decade in a suburban home. In the hours after 9/11, Sarasota law enforcement was notified by […]

The Trump administration has already built its case for Iran war

President Donald Trump may not need Congress to go to war with Iran. That’s the case his lieutenants have been quietly building as tensions between the two nations have escalated. The key elements involve drawing links between al Qaeda and Iran and casting Iran as a terrorist threat to the U.S. — which is exactly […]

Trump’s Energy Errors

President Donald Trump clearly supports the oil and gas industry, but he made several false and misleading boasts about his impact on the energy sector. The president suggested that a change in federal policy was responsible for a newly operational natural gas export terminal, saying past leaders’ “anti-American energy” policies had led the company to […]

The plot to kill Venezuela

And who is caught between an economy reliant on oil revenues and a sanctions regime designed to create suffering? The people caught in the squeeze of factors beyond their control. HUGO Chávez knew that Venezuela was very vulnerable. Its oil revenues account for 98 per cent of its export earnings. Chávez was familiar with the […]

That Time John Bolton Said It’s Good To Lie About War

Journalist Whitney Webb recently tweeted a 2010 video clip I’d never seen before featuring US National Security Advisor John Bolton defending the use of deception in advancing military agendas, which highlights something we should all be paying attention to as Trump administration foreign policy becomes increasingly Boltonized. On a December 2010 episode of Fox News’ […]

Saudi Arabia oil stations attacked by drones

Dubai:  Saudi Energy Minister Khalid Al Falih said on Tuesday that two oil pumping stations for the East-West pipeline had been hit by explosive-laden drones, calling the attack “an act of terrorism” that targeted global oil supplies. Falih condemned the attacks in a statment saying: “The latest acts of terrorism and sabotage in the Arabian […]

Can Iraq rebuild its economy?

Iraq is looking to strengthen its economy after decades of war, sanctions, sectarian division and the rise of the Islamic State of Iraq and the Levant (ISIL or ISIS). It has achieved some progress in recent years thanks to its oil industry; Iraq is the second-largest producer in the Organization of the Petroleum Exporting Countries (OPEC) and […]

Kunstler: The Trend is Not Your Friend

The be-Muellered, bothered, and bewildered American public may find US-China trade talks about as interesting as a rain delay in an Orioles-Chisox game, but the Friday collapse of negotiations may be marked by historians as the day that the global economy died. The Big Box blue-light-special orgy of bargain shopping ran about thirty years, with […]

Saudi oil tankers including one bound for US hit by ‘sabotage attack’ amid Iran standoff

TWO Saudi oil tankers were hit by a “sabotage attack” off the United Arab Emirates, it was announced this morning – as tensions flare between the US and Iran. The ships were struck off the coast of the port of Fujairah – with one of the tankers due to be loaded with Saudi crude oil […]

Oil May Hold The Secret To Ending The Trade War

On Wednesday, U.S. president Donald Trump crushed any hopes of a trade deal with China when he announced that China “broke the deal” and that, as a consequence, the U.S. will enforce even higher tariffs on some imports from China starting on Friday, May 10. When the world’s first and second largest economies are quarrelling, […]

Aircraft Carrier Abraham Lincoln Passes Through Suez Canal On Route To Iran As Tensions Soar

Image Credits: U.S. Navy photo/Mass Communication Specialist 2nd Class Z.A. Landers. Tehran tried to call Washington’s bluff on Wednesday when it threatened to start stockpiling enriched uranium and heavy water again – which would constitute a violation of the JCPOA’s terms – unless the treaty’s signatories abide by their commitments to buy oil and offer […]

IEA: Renewables Growth Is Stalling

Renewable energy deployment stalled out last year, raising alarm bells about the pace of the clean energy transition. In 2018, total deployment of renewable energy stood at about 180 gigawatts (GW), which was the same as the previous year. It was the first time since 2001 that capacity failed to increase year-on-year, according to the […]

The Saudi Shia: Between an Iranian rock and a Saudi hard place

Last month, Saudi Arabia quietly beheaded 37 people, mostly Shia men from the country’s Eastern Province. They had all been sentenced in what international human rights organisations called “grossly unfair” trials – some for “spying” for Iran and others for “joining a terrorist” group. Many of them had alleged they were tortured into signing false […]

Crisis? What Crisis?

For the Progressive Democratic “Resistance” (PDR), post-Modernism is in full flower. They have ruled objective reality inadmissible. There are only stories — his story, her story, they’s story, zhe’s story, and you must believe them because they come out of lived experience — for instance the lived experience of having lost a sure-thing presidential election […]

The oil route that could be at the center of a U.S. warning of ‘unrelenting force’ against Iran

After what national security adviser John Bolton called “a number of troubling and escalatory indications and warnings,” the U.S. government said Sunday that it was deploying the USS Abraham Lincoln carrier strike group and a bomber task force to the U.S. Central Command (Centcom) region. Centcom’s operational area includes the Middle East and Central Asia, […]

Venezuela: Establishment Talking Points Translation Key

Things keep heating up in Venezuela, with possible “military options” now being seriously discussed at the Pentagon. And of course you know what that means! That’s right, it means we can expect to see even more lies and manipulations from the political/media class as the narrative managers try to get their rapey little fingers into […]

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