Are Americans Too Insouciant To Survive?

When one looks at the deplorable state of the world, one cannot help but wonder at the insouciance of the American people. Where are they? Do they exist or are they a myth? Have they been put to sleep by an evil demon? Are they so lost in The Matrix that they cannot get out? […]

Turkey Shells Aleppo, Says “Massive Escalation” In Syria Imminent As Saudis Ready Airstrikes

Even as all sides – including the US, Russia, Saudi Arabia, and select rebel groups – pretend to be working towards a ceasefire and a diplomatic solution to the five year conflict in Syria, actions speak louder than words, and to put it as succinctly as possible, everyone is still fighting. In fact, the fighting […]

America’s Energy Outlook Is Bright

In its annual outlook for energy report, ExxonMobil presents data that contradicts Obama’s green energy utopianism.  Who has the better track record of predicting the global energy future: Obama or a private company that actually produces the stuff? In its just published report, “The Outlook for Energy: A View to 2040,” Exxon makes three key […]

War, Plunging Oil Prices Send Iraq’s Economy Into Crisis

Plunging oil prices have pitched Iraq into a severe financial crisis as it struggles to combat the Islamic State group, play host to millions of refugees and rebuild cities and towns ravaged by war. Iraq’s economy is almost completely reliant on oil, which accounts for 95 percent of government revenues. With global prices hovering around […]

Is The US Leading Saudi Arabia Down The Kuwaiti Invasion Road?

For the first time in a long time I feel concerned and worried about the prospect of war.  The reaction of Saudi Arabia to the Russian intervention in Syria has always been the wild card in the shifting geopolitical power base in the Middle East.  Turkey and Israel, along with Saudi Arabia are the three […]

The petrodollar age is no more but with it go old certainties

The drop in oil price adds a twist to the forces driving fragmentation and conflict. Vladimir Putin, the Russian president, is being forced to consider a fire sale of state assets even as he steps up the bombing of opposition forces in Syria. Waging a war of words with Iran, Saudi Arabia is planning its […]

Obama’s $319 Billion Oil Tax Plan Raised to $10.25 a Barrel

President Barack Obama proposed Tuesday to raise $319 billion over the next decade for transportation and other needs with a $10.25-per-barrel tax on crude – up from $10 that was announced last week. The higher amount, along with other details, were released Tuesday as part of the president’s $4.1 trillion budget request to Congress, including […]

Saudi Arabia Prepares to Invade Syria

CNN’s Arabic division in Dubai reports Saudi Arabia is planning to invade Syria and has mobilized 150,000 troops in the kingdom. Two sources cited by CNN say “trainees” preparing for the effort are from Egypt, Sudan, Jordan, Morocco, Kuwait, the United Arab Emirates, Bahrain, Qatar and Turkey. Malaysia, Indonesia and Brunei will also participate. The […]

Why The ‘Sultan of Chaos’ Is Freaking Out

February 05, 2016 “Information Clearing House” – “RT” –  Picture sleepless nights at ‘Sultan’ Erdogan’s palace in Ankara. Imagine him livid when he learns the Syrian Arab Army (SAA), backed by Russian air power, started a preemptive Battle of Aleppo – through the Bayirbucak region – cutting off Ankara’s top weaponizing corridor and Jihadi highway. […]

Support your local antifa

This week we look at the growing fascist movement in Europe and what people over there are doing to fight back. On the break we have Sindicato Latino, a hip hop collective based in Europe and made up of Latinx migrants. We wrap things up with an anti-election rant and an interview with American anarchist […]

Israel mulling twin pipelines to Turkey, Greece

Energy Minister Steinitz outlines plans of gas line to Cyprus and Greece, says if rapprochement goes through Turkey could also be hooked up. Israel is looking to exploit its substantial natural gas reserves with two potential pipeline projects to Turkey and Greece, Energy Minister Yuval Steinitz (Likud) announced Sunday. “If things improve with Turkey…gas could both be sold to […]

Iran Says No Thanks To Dollars; Demands Euro Payment For Oil Sales

Iran enjoys trolling the United States. In fact, it’s something of hobby for the Ayatollah, who has maintained the country’s semi-official “death to America” slogan even as President Rouhani plays good cop with Obama and Kerry. The ink was barely dry on the nuclear accord when Tehran test-fired a next-gen surface-to-surface ballistic missile with the […]

Saudis — Stop the Oil Flood – or Else

Why has this not been done? Because too many American and British politicians are on the Saudi payroll, and too much of Britain’s and America’s arms producers are dependent on Saudi business. The Saudis’ heads have swelled with arrogance while their dim-witted oil policies threaten the global economy. One night in his tent in Tripoli, […]

Fear the Bern: Sanders’ Anti-Fracking Agenda

Presidential candidates make a lot of promises, but one candidate’s energy policy is based around fear and falsehoods regarding natural gas development. Presidential candidates are often over-promising ideas and setting out lofty goals to better identify with their potential voters. It really reminds me of the campaign promises of a student class president claiming the power to […]

Nigeria: Oil, Greed and Ineptitude

The inevitable decline of rational and intellectual thinking  at the commanding heights of socioeconomic and political process in Nigeria was brought to the fore by the recent interaction between the Governor of the Central Bank of  Nigeria, Godwin Emefiele, a “seasoned Banker”, and members of the Finance Committee of  the Senate. In response to concerns […]

Inside the Economic and Political Influences on Oil

Citi Energy Futures Specialist Tim Evans discusses the price and production of oil. He speaks on “Bloomberg ‹GO›.”

The Truth Behind Waste in Supermarket Supply Chains

I’m standing outside Sainsbury’s HQ, next to two friends dressed as a carrot and strawberry, with a refuse skip full of food waste, mounted on the back of a truck. We’re being told by the police and a security guard that we can’t enter the building to hand in a petition – signed by over […]

A Saudi-Russian Oil Détente? Not Likely

Moscow’s call for talks went nowhere, but oil prices jumped. Most oil analysts and traders were intrigued when Russia’s energy minister signaled on Jan. 28 that the Kremlin wanted to discuss oil production cuts with OPEC. After all, limiting supply may help bolster the collapsing price of crude, which is hurting all major petroleum powers. […]

The Opaque Process Of Collapse

The ultimate cost of protecting the privileges of the few at the expense of the many is the dissolution of the social order that enabled the rule of the privileged few. When I write about the demise of unsustainable systems, readers often ask me to describe the collapse I see as inevitable. This is a […]

What is Energy Security? – Definitions & Scenarios

Download MP3 File What is energy security? For decades, presidents and pundits have talked about the importance of energy security as a vital national goal. But very few bother to define what the term really means and what achieving it would actually entail. That’s because energy security is complicated, and multi-dimensional.  It goes beyond over-simplified […]

Kunstler: Ground Control to Captain Zhou Xiaochuan

Why would anybody suppose that the Peoples Bank of China might want to tell the truth about anything that was within their power to lie about? Especially the soundness of any loan portfolio vested unto the grasp of its tentacles? Of course, most of what China has done in speeding toward the wall of financial […]

Surely This Problem Won’t Affect Me

On a daily basis, I receive emails from associates in the UK and Europe that speak of the sheer madness of allowing refugees in the millions to pour into Europe. The riot in Cologne, Germany, by some 1,000 men who sexually assaulted 90 women, and robbed and threatened others, offers insight as to the scale […]

The Fed’s Oil Price

In 1997, Ben Bernanke wrote a paper that argued the effect of an oil price shock can be compared to a change in monetary policy. If Bernanke’s 1997 model were applied today, a lower oil price could reduce GDP by 0.5% in the next three to four quarters as a result of tightening financial conditions. […]

Peak oil, population, climate change, pandemics, economic crises, cyberattack, failed states, nuclear war etc.

USJFC. 2010. The Joint Operating Environment. United States Joint Forces Command. United States Joint Forces Command. [Excerpts from this 76 page document follow] Every military force in history that has successfully adapted to the changing character of war and the evolving threats it faced did so by sharply defining the operational problems it had to […]

Venezuela is on the brink of a complete economic collapse

The only question now is whether Venezuela’s government or economy will completely collapse first. The key word there is “completely.” Both are well into their death throes. Indeed, Venezuela’s ruling party just lost congressional elections that gave the opposition a veto-proof majority, and it’s hard to see that getting any better for them any time soon — […]

What is Anarcho-Capitalism?

This week we examine the contradictory notion of “Anarcho-Capitalism” and dismantle this illogical concept by illustrating current examples of why free markets have nothing to do with freedom.

Pentagon to increase number of US troops in Iraq

The US plans to increase the number of troops in Iraq as it seeks to “accelerate” its campaign to “crush” Islamic State in the region, the Pentagon chief said. Ash Carter met with his French partner seeking ways to bring Arab states “in the game,” too. Aside from his bilateral meeting with his counterpart and […]

How low oil prices went from blessing to curse

There was a time, and it was not so long ago, that western economies would enthusiastically welcome a sharp drop in oil prices. This no longer seems be the case. With oil prices almost halving in the last 12 months – and falling even more in the last 15 months in one of the largest […]

Iran Makes First Post-Sanctions Sale of Oil to Europe

Greece’s largest refinery Hellenic Petroleum has agreed to buy oil from the National Iranian Oil Co., marking the first sale of Iranian crude to a European country since the lifting of trade sanctions against the Middle Eastern nation. Hellenic Petroleum said late Friday that the two sides have “reached a long-term agreement,” with deliveries to start […]

The Secret Behind The Next Global Crash

The World Economic Forum in Davos is submerged by a tsunami of denials, and even non-denial denials, stating there won’t be a follow-up to the Crash of 2008. Yet there will be. And the stage is already set for it. Selected Persian Gulf traders, and that includes Westerners working in the Gulf confirm that Saudi Arabia is […]

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