US warship heads to Yemeni waters; could block Iran weapons

In a stepped-up response to Iranian backing of Shiite rebels in Yemen, the Navy aircraft carrier USS Theodore Roosevelt is steaming toward the waters off Yemen to beef up security and join other American ships that are prepared to intercept any Iranian vessels carrying weapons to the Houthi rebels. The deployment comes after a U.N. […]

49% now believe Muslims view United States as enemy

The number of voters who believe terrorists are winning the fight against the United States and its allies continues to grow, while views of Muslims in general and U.S. relations with the Islamic world have worsened. A new Rasmussen Reports national telephone survey finds that just 29% of Likely U.S. Voters believe the United States and […]

Saudi intervention in Yemen ‘a bad idea’

John McCain, the Republican chairman of the Senate Armed Services Committee, has accused the Obama administration of going soft on Iran’s regional ambitions in pursuit of what he sees as a bad nuclear agreement with Tehran, and has praised “our Arab partners” for intervening in Yemen. “The prospect of radical groups like Iranian-backed Houthi militants” […]

Iraqi forces retake most of Iraq’s largest refinery

Iraqi forces retook most of the country’s largest refinery from Islamic State on Saturday, officials said, reversing gains by the militants who seized parts of the sprawling complex in northern Iraq this week. A spokesman for the U.S.-led coalition fighting Islamic State said troops had recaptured all of Baiji refinery at 11:30 GMT (7.30 a.m. […]

The Global Clamor For Oil And Gas

Turkey’s Prime Minister Tayyip Erdogan, center meets with lawmakers from Azerbaijan, left row, in Ankara, Turkey, Oct. 14, 2009 to stabilize the south Caucasus with its vulnerable energy.  Turkey is quietly emerging as a global energy hegemon. LONDON — Russia and the United States’ hegemonic ambitions were laid bare in March 2014 over the highly […]

Yemeni Crisis Deepens

US-orchestrated/Saudi-led terror-bombing continues murdering defenseless Yemeni men, women and children daily. Genocide is occurring in plain sight. Media scoundrels ignore what demands screaming headlines of condemnation. Obama bears full responsibility. Saudis and other involved despotic regimes share it. So do Western leaders supporting an atrocity they should make every effort to stop. The World Food […]

Is Saudi Arabia Setting The World Up For Major Oil Price Spike?

 In order to maintain a grip on market share by pushing U.S. shale producers out of the market, Saudi Arabia (and OPEC) is willing to use up its spare capacity. That could lead to a price spike. Saudi Arabia produced 10.3 million barrels per day in the month of March, a 658,000 barrel-per-day increase over […]

Al Qaeda in Yemen Seizes Airport and Oil Terminal

  People took items from a government bank that was hit by an airstrike in Saada in northern Yemen on Thursday. Credit Reuters  DOWAAN, Yemen — Al Qaeda’s branch in Yemen took control of a major airport and an oil export terminal in the southern part of the country on Thursday. The gains were the […]

Half Yemeni population is going hungry as violence worsens

Worsening violence in Yemen has made almost half the country’s population “food insecure”, with flour shortages, closed shops and disrupted supply routes driving up food prices, the United Nations World Food Programme (WFP) said on Thursday. The agency says someone is food insecure if they lack “all-time access to sufficient, safe, nutritious food to maintain […]

Oil Exporters Are Dumping US Assets At A Record Pace

 Back in November we chronicled the (quiet) death of the Petrodollar, the system that has buttressed USD hegemony for decades by ensuring that oil producers recycled their dollar proceeds into still more USD assets creating a very convenient (if your printing press mints dollars) self-fulfilling prophecy that has effectively underwritten the dollar’s reserve status in […]

Iran’s Tantalizing Oil Prize

Iran contains some of the largest and most attractive petroleum resources in the world, so any easing of sanctions could have a major impact on oil and gas markets in the second half of the decade. Iran’s possible re-emergence as a major exporter would force a re-ordering of the world oil market both because of […]

One Last Look At The Real Economy Before It Implodes

In the first three installments of this series, we examined the realities behind supply and demand, unemployment and personal debt, and national debt. As has been proven in each consecutive article with ample evidence, mainstream establishment numbers are, for the most part, utter garbage. They are not legitimate. They are meaningless. The figures and stats […]

Saudi Arabia rejects Iran’s calls for ceasefire in Yemen conflict

Riyadh has called on Iran not to interfere in the conflict in Yemen after Tehran repeatedly called for end to the Saudi-led airstrike campaign against embattled Yemen. “How can Iran call for us to stop the fighting in Yemen? … We came to Yemen to help the legitimate authority, and Iran is not in charge […]

Maryland Passes Fracking Ban

Today, the Maryland House of Delegates passed legislation, voting 102 – 34, that would prohibit fracking permits in the state until October 2017. The bill will head to Republican Gov. Larry Hogan’s desk in the coming days. After months of campaigning, a bill that prohibits fracking for two and a half years passed overwhelmingly in […]

Jihadists attack Iraq’s largest oil refinery

Islamic State militants on Saturday launched suicide attacks against the Baiji oil refinery, Iraq’s largest, a senior army officer said. The jihadist group claimed it broke in but the Iraqi army said the site, which has been the scene of fierce battles since IS swept across the region last year, remained under its control. “Today […]

Saudi Arabia Maneuvers to Retain Oil Crown

Saudi Arabia is struggling to maintain its share of the global oil market in a contest that pits the world’s largest crude exporter against traditional allies in the U.S. and Persian Gulf. The Saudi kingdom’s oil exports declined 5.7% in 2014 compared with 2013. Oil shipments to its fastest-expanding customer, China, reached their lowest levels […]

Perspectives on Development and Population Growth in the Third World by OG Simmons

Until the early to mid-1970s, social scientists in the fields of population and development were largely going their own ways. Demographers relied almost exclusively on demographic transition theory as their para­ digm for understanding the role of development in population change and fertility decline. Conversely, most development economists and other specialists were certainly aware of […]

CIA Director Says the War on Terror May Never End

Last night, Director of Central Intelligence John Brennan participated in a question-and-answer session at Harvard Kennedy School’s Institute of Politics. The first thirty-seven minutes consisted of an unusually probing exchange between Brennan and Harvard professor Graham Allison (full disclosure: Graham is a former boss of mine). Most notably, between 19:07 and 29:25 in the video, Allison pressed Brennan […]

Iran Seeks Chinese Oil Firms to Get Projects Going

Iran hopes to resolve differences with Chinese energy companies on oil and gas projects in the Islamic republic, as Tehran wants to be ready to raise output quickly after a potential lifting of sanctions this year, Iranian oil officials said on Wednesday. The officials are in China this week to discuss Chinese investments in oil […]

Banks and the Money Supply

If it ain’t broke, don’t fix it.’ Sensible advice, especially when it comes to tinkering with the money supply: with laws about how money is made, how we get it, how we spend it. What would happen if the financial system was dismantled or thrown out of joint? Would we be able to pay the […]

Enforcement Of Mandatory Water Restrictions Is Only Just The Beginning

Smart meters are now being used by authorities to crack down on “water wasters” in the state of California, but this is just the tip of the iceberg as far as what they can be used for.  Ultimately, smart meters are designed to be part of an entire “smart grid” that will enable government bureaucrats […]

Why democracy doesn’t work (and how to fix it)

This post is not supposed to be a proposal for reforming democracy. Any real reform seems to be impossible in a world where the main (and perhaps the only) rule seems to be “don’t even think of changing anything important” (DETOCAI). This said, I noticed a recent article by Dean Burnett on “the Guardian” that […]

Oil prices could be $5-$15 a barrel lower in 2016 if Iran sanctions lifted

World oil prices could be $5 to $15 a barrel lower than forecast next year if oil-related sanctions against Iran are lifted, the U.S. government’s energy agency said on Tuesday. In its monthly report, the Energy Information Administration said U.S. oil production growth was slowing even more quickly than it expected a month ago, while […]

Saudi Dictator Gunning Down Domestic Anti-War Protesters

Five points on Saudi Arabia that “US officials and the establishment media are neglecting to talk about”: 1) Sharia Law runs the country. 2) Saudi Arabia is an authoritarian dictatorship: There are no national elections, no parties, and no rights. 3) People are publicly beheaded in the Kingdom. 4) Human rights for Saudi women are among the […]

One of Libya’s Rival Governments Moves to Control Oil Revenue

One of the two factions battling for control of Libya took steps on Sunday to divert incoming oil revenue away from the central bank and into its own new account, a steep escalation in the contest over the country’s vast wealth. Libya’s oil and money are the prizes that have driven much of the competition […]

Iran, U.S. interpret nuclear deal differently

The recent breakthrough in the Iranian nuclear talks has raised hopes of a once-and-for-all solution for the 12-year-old standoff between Iran and the West. However, there is still a tough road ahead before a comprehensive final accord could be reached as Tehran and Washington seem to have different interpretations on some details outlined in the […]

The Oil Price War

In a stunning but little-known speech delivered in 2007, Gen. Wesley K. Clark claimed that America underwent a ‘policy coup’ at the time of the 9/11 attacks. He had documented the progress of that coup in a book titled Winning modern wars, Iraq, terrorism and the American Empire that Gen. Clark had published in 2003. […]

Supreme Leader Backing of Nuclear Deal

Iran’s military chief congratulated Supreme Leader Ayatollah Ali Khamenei for negotiators’ success in reaching a nuclear agreement with six world powers, in an open backing of President Hassan Rouhani’s government. In praising the outcome of the talks, General Hassan Firouzabadi highlighted rifts between Rouhani and critics who say negotiations don’t serve Iran’s national interest. While […]

Saudis Raise Crude Oil Pricing to Asia on Signs of Demand Growth

Saudi Arabia, the world’s largest crude exporter, raised pricing for all May sales to Asia, after the country’s oil minister said global demand was improving. State-owned Saudi Arabian Oil Co. narrowed the discount for its Arab Light grade to Asia to the least since December, setting the crude at a discount of 60 cents a […]

ISIS ‘Only Few Kilometers’ From Assad

Islamic State has taken control of 90 percent of a Palestinian refugee camp on the Damascus outskirts where 18,000 civilians have suffered years of bombing, army siege and militia control, a monitoring group said on Saturday. The hardline group’s offensive in Yarmouk gives it a major presence in the capital. Islamic State, the most powerful […]

« Previous Page — Next Page »

LATEST NEWS HEADLINES

• Why the IEA is Wrong About Peak Oil Demand
• Did we inadvertently speed global warming?  
• Venezuela’s Oil Monopoly Eases
• Why Germany is Choosing Natural Gas Over Nuclear Power
• U.S. coal-fired electricity generation decreased in 2022 and 2023

• America Cracks Down on Methane Emissions from Oil and Gas Facilities
• Meet America’s Newest Oil Trader Extraordinaire: Joe Biden
• Is It Time To Refill America’s Strategic Petroleum Reserve?
• Oil prices set to end year 10% lower as demand concerns snap winning streak
• What’s Driving America’s New Oil and Gas Boom?
• China’s peak oil demand bombshell eviscerates Danielle Smith’s energy strategy