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Venezuela Has Officially Abandoned The Petrodollar – Does This Make War With Venezuela More Likely?
Venezuela Has Officially Abandoned The Petrodollar – Does This Make War With Venezuela More Likely? Venezuela is the 11th largest oil producing country in the entire world, and it has just announced that it is going to stop using the petrodollar. Most Americans don’t even know what the petrodollar is, but for those of you […]
What’s Next For Oil: Interview With Former DOE Chief Of Staff
What’s Next For Oil: Interview With Former DOE Chief Of Staff In this week’s MacroVoices podcast, Erik Townsend and Joe McMonigle, former chief of staff at the US Department of Energy, discuss the state of the global energy market, and OPEC’s rapidly diminishing ability to control oil prices. McMonigle believes investors will be hearing more jawboning from […]
The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks
The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks OPEC exports have come under pressure this week from technical threats to oil fields, with Saudi Arabia’s Manifa problems grabbing the headlines. Saudi Aramco CEO Amin Nasser, while addressing the World Petroleum Congress in Istanbul, stated that the outlook for oil […]
The Saudi-Qatar rift has elements of world war potential
The Saudi-Qatar rift has elements of world war potential The First and the Second World War were the culmination of rivalries that go as far back as over a thousand years, when Charlemagne subjugated the Saxon tribes inhabiting modern Germany, and creating the Carolingian Empire. The political successors of Franks, France, and Saxons, the latter […]
Qatar May be Turning Its Back on the US Dollar — and We All Know What That Means
Qatar May be Turning Its Back on the US Dollar — and We All Know What That Means (ANTIMEDIA) — Late last week, Saudi Arabia and other members of the Gulf Cooperation Council (GCC) that are involved in attempting to isolate Qatar sent the tiny Gulf nation a list of 13 demands. They are insisting […]
Saudi Arabia’s March Towards Civil War
Saudi Arabia’s March Towards Civil War Has Saudi Arabia’s brinkmanship and heavy-handed policies of intervention in the Middle East come back to haunt the desert kingdom? After decades of playing the role of middle man between foreign states and establishing itself as a regional power, Saudi Arabia’s policies of meddling in the affairs of neighbor […]
Saudi Arabia top non-U.S. destination for Canadian arms exports: federal report
Saudi Arabia top non-U.S. destination for Canadian arms exports: federal report LAVs (light armoured vehicles) and components similar to the one pictured above are among the top military exports Canada sends to Saudi Arabia. (Bill Graveland/Canadian Press) Saudi Arabia has regained its title as Canada’s top non-U.S. destination for exporting military goods after having been […]
Germany’s Gabriel Warns Qatar Crisis “Could Lead To War” As Qatar Emissary Flies To Moscow
Germany’s Gabriel Warns Qatar Crisis “Could Lead To War” As Qatar Emissary Flies To Moscow Germany’s foreign minister Sigmar Gabriel warned that the ongoing isolation of Qatar by Saudi Arabia and its allies could lead to a war in the Gulf region, according to an interview he gave to Germany’s Frankfurter Allgemeine Sonntagszeitung, although he […]
It’s A “Geopolitical Earthquake”: A Stunned World Responds After Saudi Alliance Cuts All Ties With Qatar
It’s A “Geopolitical Earthquake”: A Stunned World Responds After Saudi Alliance Cuts All Ties With Qatar Virtually nobody saw it coming. Late on Sunday night, the Saudi-led alliance of Gulf Arab states, Saudi Arabia, the UAE and Bahrain including Egypt, shocked the world when they announced they had severed ties and closed borders with one […]
Neocons Are Still Writing The Script
Neocons Are Still Writing The Script Iran has been in neocon crosshairs for a very long time. U.S. Presidential Administrations come and go, Democrat and Republican, but the neocon script has remained the same. President Trump, voted in as an “outsider,” has adopted the insider script. Today’s speech in Saudi Arabia was crafted by Trump’s […]
Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020
Today’s Stunted Oil Prices Could Cause Oil Price Shock In 2020 As oil prices remain unsteady and OPEC continues to make headlines every hour, the world is focused on oil’s immediate future. As Saudi Arabia announces plans to slash production and move their economy away from oil dependency, many industry insiders are predicting that the […]
Saudi Power Struggle Could Destabilize The Entire Middle East
Saudi Power Struggle Could Destabilize The Entire Middle East Political instability in Saudi Arabia is growing as King Salman bin Abdulaziz begins to overhaul the Saudi government, putting a long list of family members into positions of influence while increasing the power of his son, Deputy Crown Prince Mohammad bin Salman. These actions have the […]
Saudi Arabia Vs. Russia: The Next Oil Price War
Saudi Arabia Vs. Russia: The Next Oil Price War International oil markets could be heading towards a new war, as leading OPEC and non-OPEC producers are vying for increased stakes. The unexpected cooperation between OPEC and non-OPEC countries, instigated by the full support of Saudi Arabia (OPEC) and Russia (non-OPEC) has brought some stabilization to […]



