Can Trump’s energy promises come true?

In the most recent presidential debate, Republican Donald Trump said he would bring America’s energy market all the way back. “We are killing, absolutely killing, our energy business in this country,” Trump said. He expressed his support for all forms of energy, particularly coal and natural gas. “We have found over the last seven years, […]

Iran deploys warships in the Gulf of Aden

Iran sent two warships to the Gulf of Aden on Thursday, the semi-official Tasnim news agency reported, establishing a military presence in waters off Yemen where the U.S. military launched cruise missile strikes on areas controlled by Iran-backed Houthi forces. “Iran’s Alvand and Bushehr warships have been dispatched to the Gulf of Aden to protect […]

Russia, Saudi Oilfield Mismanagement Will Bring Back $100 Oil

Today, Russian President Vladimir Putin pledged to cooperate with Saudi Arabia’s proposal to reduce oil production in an effort to boost oil prices. Bruce Pile says that Russia and Saudi Arabia may not have as much control over oil production as it appears. His analysis indicates that after years of Russian and Saudi mismanagement of their giant […]

Iraqis choke as sabotaged oil wells blaze

“We cover the children at night when they sleep,” said Khalil. His hands were stained black, the air in the entrance to his house thick with smoke. Khalil, his wife and five children live but a minute’s walk from a blazing oil well, one of more than a dozen ISIS has set alight in recent […]

WHY IT MATTERS: Energy

THE ISSUE: Energy independence has been a goal of every president since Richard Nixon. Hillary Clinton and Donald Trump have very different ways to achieve it. How energy is produced and where it comes from affect jobs, the economy and the environment. ___ WHERE THEY STAND Clinton pledges that under her leadership, the U.S. will […]

Saudi Arabia Cuts Off Oil To Egypt

Saudi Aramco has discontinued shipping refined oil products to the Egyptian General Petroleum Corporation, Egypt’s state oil company, as of early October, Reuters reported Monday, citing an Egyptian government official. Egypt did not receive crucial allocations of Saudi petroleum aid this month, forcing its state buyer to intervene by rapidly increasing tenders in order to buy over $500 […]

Turkey And Russia Sign Strategic “Turkish Stream” Gas Pipeline Deal

Less than three months after Turkey’s president Erdogan, in the aftermath of the mid-July “failed coup” visited Putin in Russia in his first and very symbolic foreign trip, Putin has returned the favor with a visit of his own to Turkey, where he promptly confirmed that economic relations between the two nations are on solid […]

Bakken Open Season Pennsylvania Regulations

It’s official: an overhaul of environmental regulations for shale gas drillers was published in the Pennsylvania Bulletin and went into effect on Saturday.The thick package of regulations is designed to reduce impacts on public resources, such as schools and parks, help prevent spills, strengthen waste management and require stronger well site restorations. The implementation follows […]

Kunstler: Wounded Elephant

Last night’s debate raises some interesting questions, such as: would the Romans have elected Caligula if given the chance to vote? Can the Republican party recover from Donald Trump? If the party poobahs “pull the plug” on Trump, as some are threatening to do (that is, cut off funds to his campaign), will they go […]

The Farce Awakens

History has shown us that voting on elections accomplishes next to nothing, and that real lasting revolutionary change is won through hard work, by real people self organizing, and not by elected politicians. Yet every four years, the spectacle of the Democrats VS Republicans entices millions and makes them forget these proven facts. Trap News […]

Do We Really Want A War With Russia?

I wish I could say things were improving between the US and Russia but they aren’t. They’re rapidly worsening. There’s so much happening right now, I can only provide a summary of a few of the more interesting and worrying developments. This report builds on those I’ve released over the past two years and begins […]

Taliban Oil

The little-known story of secret negotiations between the Taliban and the US to a build a pipeline through Afghanistan. In 1989, the withdrawal of Soviet troops from Afghanistan marked the end of a violent occupation that had started almost 10 years earlier. The Soviet invasion, which had resulted in a protracted war for independence, fragmented […]

Why Iran is not the next China?

Iran is a major power in the Middle East, with a population of over 80 million and strong military capabilities. It is the third largest economy in the Middle East and North Africa (MENA) region after Turkey, and Saudi Arabia, with an estimated Gross Domestic Product (GDP) of over $400 billion. Importantly, Iran ranks second […]

Trump Meets With Energy CEOs

Republican isn’t pressed on fracking comments before media His July comments disappointed some in the energy industry Energy executives in Denver on Tuesday warned Donald Trump, who has said he supports letting local residents vote on fracking bans, that state regulations are thwarting oil and gas development. The Republican presidential nominee’s meeting could be designed […]

Kunstler: Sizing Up the Endgame

All Hillary had to do last week was show up and stand at a podium for ninety minutes without swooning while Donald Trump barked and grunted his way through the half-assed press conference we like to call a “debate.” It was all I could do to keep watching the nauseating spectacle. It made you want […]

OPEC and the stagnant price of oil

The 15th International Energy Forum, held in Algiers earlier this week, saw OPEC members decide to cut production by about 800,000 barrels per day. The cut will not be consistent across all member states but is significant nonetheless, being the first in eight years.The move is meant to stabilise global oil prices. “Today OPEC has […]

China’s Secret Oil Stockpiles Exposed In New Satellite Images

Winter energy prices are likely to rise, but not because of this week’s decision by OPEC. Instead, energy traders say, look to China. Earlier this week, OPEC—14 nations representing just under half of the world’s oil production—reached a gentlemen’s agreement of sorts to trim crude oil production by 700,000 barrels a day from more than […]

Peak Oil Consensus 1998: Lesson for ‘Settled’ Climate Science

In “World Oil Crunch Looming?” Kerr surveys the experts to, find, indeed, that a major crunch might be looming, if not imminent. Consensus science it appeared to me with each person interviewed in lockstep agreement. “Even those who believe there’s plenty of oil left in the ground to meet rising demand are warning that the […]

ISIS is facing a ‘state of collapse’ in its largest city

As the great powers jam the door of Mosul for the last big battle, many of the Islamic State terrorists themselves cannot wait to get out of town. “Mosul on Thursday looked empty and the terrorists demoralized, as hundreds of terrorists fled from Shirqat after its liberation on Thursday,” according to the Iraqi Christian news […]

Tax Troubles Threaten Russia’s Arctic Megaproject

Russia has launched the first commercial production at the country’s northernmost onshore Arctic Vostochno-Messoyakhskoy oilfield. The oilfield’s recoverable oil and gas condensate reserves are estimated to exceed 340 million tons of oil and 113 billion cubic meters of gas, according to the information shared by the project’s stakeholders Rosneft and Gazpromneft. In 2016, production is […]

Saudi Arms Deal Backed By US Senators Who Got Cash From Weapons Contractor That Will Benefit

President Barack Obama looks on as King Salman bin Abd alAziz of Saudi Arabia speaks during a bilateral meeting in the Oval Office of the White House September 4, 2015 in Washington, D.C. The President and the King were expected to discuss various issues including joint security and counter-terrorism efforts. Photo: Olivier Douliery-Pool/Getty Images The […]

Kunstler: Trauma Programming

As the nation awaits the gruesome spectacle of the so-called debate between Trump and Clinton in an election campaign beneath the dignity of a third-world shit-hole, we are once again up to our eyeballs in manufactured racial strife led by the deliberately prevaricating New York Times. Read today’s front-page story: What We Know About the […]

The Economics Of Population

Nigeria’s population has become an embarrassment that cannot be hidden anymore. A population time bomb is dangling on the country waiting to detonate unless urgent preventive measures are taken. A similar fear was equally expressed by the Director of Monetary Policy of the Central Bank of Nigeria, Dr. Moses Tule, at the 40th Annual Conference […]

Population Growth Extremes: Doublers and Decliners

Joseph Chamie is an independent consulting demographer and a former director of the United Nations Population Division. City view of Dhaka, Bangladesh. The Asia-Pacific region is urbanizing rapidly. Credit: UN Photo/Kibae Park NEW YORK, Sep 23 2016 (IPS) – While the world’s population of 7.4 billion is growing at 1.1 percent per year – about […]

Saudis, Iran Said to Meet Again for Oil Talks

OPEC officials met in Vienna to prepare for Algiers talks Rivalry between two nations prevented supply deal in April OPEC members Saudi Arabia and Iran, whose rivalry derailed an oil supply accord earlier this year, met in Vienna for a second day of discussions to prepare for wider group talks next week in Algiers. The […]

Lessons from the Syrian Revolution

More than five years into the Syrian revolution, we interview Syrian-British journalist and co-author of Burning Country: Syrians in Revolution and War, Robin Yassin-Kassab to learn more about how Syrians are asserting their freedom and humanity in the liberated areas of the country.

Venezuela’s Regional Oil Diplomacy Cools as Crisis Looms Large

OPEC member reduces exports of subsidized crude to Petrocaribe Shipments to China and India rise despite falling output Plagued by triple-digit inflation, political turmoil and a recession, OPEC member Venezuela has scaled back an 11-year program that allows its allies in the Caribbean and Central America to buy its oil at subsidized prices. Latin America’s […]

Governments poised to agree historic CO2 emissions market system for aviation

The United Nations International Civil Aviation Organization is poised to take a ground-breaking decision on a global market-based measure to control aviation’s greenhouse gas emissions in a matter of days. If signed off at ICAO’s general assembly meeting in Montreal running September 27 to October 7, this will be the first time any sector has […]

Saudi Arabia’s Clout in Washington Isn’t What It Used to Be

Saudi Arabia doesn’t have the same clout it used to. That’s the message the chairman of the U.S. Senate Foreign Relations Committee says he has delivered to the Saudi government. On Wednesday, the Senate blocked a measure by a wide 71-27 margin that would have prohibited a $1.15 billion arms sale to Saudi Arabia, in […]

India set to buy Iran oil for emergency reserves

India is set to buy 6 million barrels of Iranian crude for its strategic oil reserves as negotiations with the United Arab Emirates’ national oil company for supplies are stuck over commercial terms, industry sources said. Such purchases by the world’s No.3 crude importer would boost Iran’s drive to ramp up its oil shipments as […]

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