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Nuclear Nonproliferation, American Style
Nuclear Nonproliferation, American Style Photo by Gwydion M. Williams | CC BY 2.0 “U.S. Chases a Saudi Deal” ran the front page headline in the February 21 Wall Street Journal. The story continued: The Trump administration is pursuing a deal to sell nuclear reactors to Saudi Arabia despite the kingdom’s refusal to accept the most […]
Is Sweden complicit in war crimes in Yemen?
Is Sweden complicit in war crimes in Yemen? Despite the documented crimes of the Saudi-led coalition in Yemen, Sweden continues to sell arms to Saudi Arabia and the United Arab Emirates. A Yemeni man inspects the damage caused by an alleged Saudi-led air strike in Sanaa, Yemen, 04 February 2018. Picture by Hani Al-Ansi/DPA/PA Images. […]
Ending America’s Disastrous Role in Syria
Delil Souleiman/AFP/Getty Images Ending America’s Disastrous Role in Syria America’s official narrative has sought to conceal the scale and calamitous consequences of US efforts to overthrow Syrian President Bashar al-Assad. That is understandable, because US efforts are in blatant violation of international law, which bars UN member states from supporting military action to overthrow other […]
Saudi/Russia-Led Oil Supergroup In The Making
Saudi/Russia-Led Oil Supergroup In The Making OPEC and the non-OPEC producers’ part of the production cuts deal will have a plan for long-term cooperation drafted by the end of 2018, as they seek to institutionalize their current collaboration into a supergroup of oil producers led by Saudi Arabia and Russia, the UAE’s Energy Minister Suhail […]
Saudi Arabia, Russia Ink 3 Huge Energy Deals
Saudi Arabia, Russia Ink 3 Huge Energy Deals Saudi Arabia hits bullseye, IPO and LNG deals cements geopolitical cooperation Russia Hidden by the fog of the ongoing oil market volatility and the Turkish adventures in Syria, OPEC leader Saudi Arabia has been cementing its geopolitical position for years. In Riyadh meetings this week between Saudi […]
Future U.S. Oil Production Will Collapse Just As Quickly As It Increased
Future U.S. Oil Production Will Collapse Just As Quickly As It Increased While U.S. oil production reached a new peak of 10.25 million barrels per day, the higher it goes, the more breathtaking will be the inevitable collapse. Thus, as the mainstream media touts the glorious new record in U.S. production that has both surpassed […]
The Abnormality of Oil
Ahmad Al-Rubaye/Getty Image The Abnormality of Oil At the 2017 Abu Dhabi Petroleum Exhibition and Conference, the consensus among industry executives was that oil prices will still be around $60 per barrel in November 2018. But there is evidence to suggest that the uptick in global growth and developments in Saudi Arabia will push the […]
Gasoline–Such a Big Bang for the Buck
Gasoline–Such a Big Bang for the Buck Are you a fan of beheadings? Are you fond of autocratic regimes? Do you want to help those kooky, lovable Koch brothers purchase another member of Congress? Do you yearn to support Saudi Arabia, Iran, Donald Trump, and Vladimir Putin, but it seems so difficult to give them […]
How regional rivalries threaten to fuel the fire in Syria and Iran
How regional rivalries threaten to fuel the fire in Syria and Iran Credit: Wikimedia Turkish allegations of Saudi, Emirati and Egyptian support for the outlawed Kurdish Workers Party (PKK) threaten to turn Turkey’s military offensive against Syrian Kurds aligned with the PKK into a regional imbroglio. The threat is magnified by Iranian assertions that low-intensity warfare is heating up in […]
Art Berman: Like It Or Not, The Future Remains All About Oil
Vladimir Yudin | Dreamstime.com iTunes | Google Play | Download | Report Problem Art Berman: Like It Or Not, The Future Remains All About Oil And competition for it is heating up Art Berman, 40-year veteran in the petroleum production industry and respected geological consultant, returns to the podcast this week to talk about oil. […]
Fabricating a War on Iran
Fabricating a War on Iran Photo by futureatlas.com | CC BY 2.0 Secretary of State Colin Powell brandished a vial he claimed contained anthrax at the UN Security Council on 5 February 2003, and showed satellite photos of secret sites where chemical weapons were supposed to be manufactured. He later admitted the story was fabricated, […]
Eleven Saudi Royals Arrested For Protesting Against Austerity
Eleven Saudi Royals Arrested For Protesting Against Austerity Members of Saudi Arabia’s royal family have apparently learned nothing from their cousin’s authoritarian tendencies. To wit, Saudi authorities on Saturday detained 11 princes after they gathered at a royal palace in Riyadh to protest austerity measures imposed by their cousin and the state’s de facto leader: […]
Who Are the Leading State Sponsors of Terrorism?
Who Are the Leading State Sponsors of Terrorism? As 2017 draws to a close, it is difficult to be optimistic about what will be coming in the new year. The American President, whose margin of victory was certainly based on his pledge to avoid unnecessary wars, has doubled down on Afghanistan, refuses to leave Syria […]
2017 Year In Review
Tortoon/Shutterstock 2017 Year In Review Markets fiddle while Rome burns Every year, friend-of-the-site David Collum writes a detailed “Year in Review” synopsis full of keen perspective and plenty of wit. This year’s is no exception. As with past years, he has graciously selected PeakProsperity.com as the site where it will be published in full. It’s quite longer than […]
Saudi airstrikes kill 48 Yemeni civilians in 24 hours
Saudi airstrikes kill 48 Yemeni civilians in 24 hours BEIRUT, LEBANON (5:40 P.M.) – At least 48 Yemeni civilians have been killed by the Saudi Coalition in the last 24 hours, the Saba News Agency reported. “A total of 48 civilians, including women and children, were killed and wounded in 51 airstrikes launched by US-backed […]
