Does Saudi Arabia’s Play For Market Share Make Sense?

Props to Saudi Arabia. Unlike other producers, including U.S. shale producers, it maintained financial strength and flexibility during the last boom. When it began to shift the paradigm of global supply, the kingdom was explicit about its goal—market share—even if it didn’t always trumpet the proactive steps it was taking towards that goal. The now-evident […]

Kunstler: The Great Nausea

Historians of the future, roasting rat kabobs over their campfires will look back at the year 2016 and marvel at the death throes of the zombie republic that died eating its own brains. This grotesque Deep State lumbers from one misadventure of governance to the next consuming its prospects for a plausible future in a […]

Energy policy and uninformed opinion

Famed economist John Kenneth Galbraith used to respond to questions about the direction of the economy and financial markets by saying: “I answer because I’m asked not because I know.” Such is also the case with poorly informed members of the public whose views pollsters seek on every conceivable topic including energy. A recent Gallup […]

Paul Craig Roberts On The Real Likelihood Of Nuclear War

Dr. Paul Craig Roberts, who served as an Assistant Secretary of the Treasury for Economic Policy in the Reagan administration, shares his view that there is a real likelihood of a nuclear war breaking out. Below are the main points covered in this radio programme. (click image for link to full interview) “Firstly there is […]

Trump may halt US oil purchases from Saudi Arabia

Republican presidential front-runner Donald Trump told the New York Times he would consider stopping U.S. oil purchases from Saudi Arabia unless the Saudi government provide troops to fight Islamic State. Trump’s comment on Friday was included in a lengthy foreign policy interview published by the newspaper on Saturday and came in response to a question […]

How Much Can the Next President Influence the U.S. Energy System?

There have been dramatic changes in the U.S. energy system under our current president – a big drop in the use of coal, a boom in domestic oil and gas development from fracking, and the rapid spread of renewable energy. But in terms of influencing energy technology deployment, the next president will have a lot […]

Iran, Iraq explore non-oil economic ties

The Iranian government aims to boost its non-oil trade relationship with neighboring Iraq, a visiting delegate said during a trade visit to Baghdad. The official Islamic Republic News Agency reports Kamal Kharrazi met in Baghdad with Humam Hamoudi, the vice speaker of the Iraqi Parliament, to review shared efforts to cut the dependence on oil […]

Can developing petrostates learn to live without oil?

As oil prices have nosedived over the past 14 months, it hasn’t been only petrostates like Saudi Arabia and Russia feeling the crunch. Developing nations like Angola, Azerbaijan, Kazakhstan, and Nigeria are also struggling to balance their budgets as deficits grow and government incomes shrink. In a bid to survive the slump, governments are experimenting […]

Europe is now drowning under the cost of welfare bills

The UK’s total spending on social protection is only slightly below the European average at 16.5pc of GDP Credit: Ian Jones When she isn’t shipping in more Syrian refugees, or trying to find new ways to destroy the Greek economy, the German Chancellor Angela Merkel is fond of quoting an alarming statistic: Europe accounts for […]

A World War Has Begun

I have been filming in the Marshall Islands, which lie north of Australia, in the middle of the Pacific Ocean. Whenever I tell people where I have been, they ask, “Where is that?” If I offer a clue by referring to “Bikini”, they say, “You mean the swimsuit.” Few seem aware that the bikini swimsuit […]

Protesters turn up heat in fossil fuel fight

They came here to get arrested. Nearly 60 protesters blocked the driveway of a storage plant for natural gas on March 7. Its owners want to expand the facility, which the opponents say would endanger nearby Seneca Lake. But their concerns were global, as well. “There’s a climate emergency happening,” one of the protesters, Coby […]

Massive US airstrike in Yemen kills dozens of people

A massive US airstrike in Yemen has killed what the Pentagon estimates is “dozens” of people, the second such mass-casualty strike the US military has undertaken this month. The two strikes, killing more than 200 people at what the Pentagon described as terrorist training camps, diverged so sharply from the previous years’ worth of relatively […]

ISIS Claims Responsibility For Brussels Terror Attacks That Killed Three Dozen

Latest: Police have reportedly found a nail bomb, chemicals, and an ISIS flag in a raid on a Schaerbeek home. Update: According to Al Arabiya and now multiple other sources, ISIS has claimed responsibility for the attack via affiliated propaganda channels. #Breaking ISIS claims responsibility for Brussels blasts: news agency close to group https://t.co/ADixNseRat — Al […]

Brutality of life in Saudi Arabia

A shocking documentary will reveal the brutality of life in Saudi Arabia – where a woman is beheaded in the street and five bodies are strung up in a public display. Saudi Arabia Uncovered aims to reveal the hidden reality inside one of the world’s most secretive and strict Islamic regimes and questions Britain’s relationship […]

Kunstler: The Uses of Disorder

Many thoughtful and patriotic citizens entering the Kubler-Ross free-fire zone of desperate bargaining with reality are at work attempting to chart an orderly course around the Godzilla-like figure of Trump looming outside the desecrated once-shining city of American democracy. I doubt there is such an orderly way through this political bad weather. When storms hit, […]

The Government Actually Has A Zombie Apocalypse Plan

A few years ago, the Center for Disease Control launched a zombie preparedness initiative that drew significant attention. The Department of Defense followed suit and developed an entire training course intended for the Joint Operational Planning and Execution System (JOPES). The complete response plan, called CONPLAN888, was recently declassified, and it’s just as weird and creepy as you […]

Is This The Rationale Behind Russia’s Withdrawal From Syria?

As reported around the world, Russia’s decision to greatly reduce its military presence in Syria, coming as it did with little warning, has left the world struggling for explanations. After having rescued the Syrian Government’s position in Syria from certain defeat and securing a partial truce along with the onset of an imminent peace conference, […]

Putin announces Russia will pull most of its military from Syria

President Vladimir Putin announced Monday that Russia would begin withdrawing the “main part” of its military from Syria, a surprise potential end to a six-month intervention that bolstered Syrian President Bashar al-Assad and dealt a grave blow to Syrian rebels. The decision came as U.N.-brokered peace talks between the Assad government and rebel representatives got […]

Kunstler: Bull Run

The Twitter-incited mob that shut down last week’s Donald Trump rally at the University of Illinois’ Chicago pavilion was the first skirmish in what is shaping up to be a civil war between a political Left that has lost its mind and a political Right that has lost its mind and its soul. The tensions […]

The Coming Collapse Of Saudi Arabia

They met in secret to plan a devastating attack… Two powerful men, colluding at a palace in the Middle East. In September 2014, U.S. Secretary of State John Kerry flew to Saudi Arabia. He was there to meet with King Abdullah, the country’s ruler and one of the richest men in the world. Informed observers […]

OPEC-Russia Oil Coalition Struggles With Its Very First Step

A month after promising co-operation that would re-balance global oil markets, the producer coalition forged by Saudi Arabia and Russia is having difficulty taking its first step. OPEC members and rival producers have yet to decide when, or where, to hold talks on a proposed accord to freeze oil output, a strategy aimed at curbing […]

Thousands Of ISIS Documents Apparently Leaked To British Media

Names, addresses and phone numbers of some 22,000 ISIS recruits — and information about the network that recruited them — are reportedly part of a trove of data that Sky News says it received from a former member of the extremist group. The identities of people from more than 50 countries, including Britain, European nations, […]

Is Saudi Arabia’s Oil Business Going Bust?

“What if Riyadh’s oil wealth days are numbered?” American political analyst Phil Butler asks, shedding light on what “peak oil” means for the Western economy. Saudi aggression against Yemen and the much discussed Saudi-Turkish initiative to kick off a ground operation in Syria are clear signs that Riyadh is in trouble. “Saudi Arabia’s ever increasingly hostile stance toward neighbors may not […]

Everything Must Fall!

Recently, shit has been popping off in South Africa, with students across the country taking to the streets to demand free education. To learn more about this situation, I recently caught up with Alex Hotz, a member of #RhodesMustFall, a grassroots student group that came together in March of 2015, to demand that a statue […]

Energy Wars of Attrition

Three and a half years ago, the International Energy Agency (IEA) triggered headlines around the world by predicting that the United States would overtake Saudi Arabia to become the world’s leading oil producer by 2020 and, together with Canada, would become a net exporter of oil around 2030. Overnight, a new strain of American energy […]

Why Resist the TPP

Did you know that under the TPP you can go to jail for downloading movies. Yep, that and then some. Watch this to learn about how this “Free Trade” deal could affect you.

The Federal Reserve’s Shell Game

The Federal Reserve is a key component of the American Transfer State.Under the guise of “macroeconomic management,” it redistributes vast amounts of wealth on an ongoing basis through inflation. The victims of these transfers are ordinary Americans. The beneficiaries are the government and its elite cronies. The Fed masks the nature of this surreptitious taxation […]

Paul Craig Roberts: Murder Is Washington’s Foreign Policy

Washington has a long history of massacring people, for example, the destruction of the Plains Indians by the Union war criminals Sherman and Sheridan and the atomic bombs dropped on Japanese civilian populations, but Washington has progressed from periodic massacres to fulltime massacring. From the Clinton regime forward, massacre of civilians has become a defining […]

Saudis Awarded France’s “Highest National Honor” For “Fight” Against Terrorism

There is perhaps no more perverse relationship in the world than that which exists between the West and Saudi Arabia – or, “the ISIS that made it,” as Kamel Daoud, a columnist for Quotidien d’Oran, and the author of “The Meursault Investigation” calls the kingdom. We’ve been over and over the glaring absurdity inherent in […]

Iran has sentenced one of its richest oil tycoons to death for corruption

An Iranian court has issued a death sentence against an Iranian oil tycoon, a judiciary spokesman told reporters Sunday, in a case widely portrayed as a symbol of corruption during the administration of former President Mahmoud Ahmadinejad. Babak Zanjani, 41, one of Iran’s wealthiest businessmen, was sentenced to death along with two other defendants, a […]

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