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In Major Escalation, Yemen Rebels Fire Scud Missile Into Saudi Arabia
In Major Escalation, Yemen Rebels Fire Scud Missile Into Saudi Arabia Just two days after reports indicated that Yemen’s Iran-backed Houthi rebels were prepared to participate in UN-brokered peace talks with Abd Rabbuh Mansur Hadi’s government in exile, clashes on the Saudi border have intensified. On Friday, the Saudi press agency said it had used […]
Cold Shoulder For Russia Could Hint At OPEC Decision June 5th
Cold Shoulder For Russia Could Hint At OPEC Decision June 5th Before the November 2014 OPEC meeting in Vienna, the head of Russia’s state-owned oil company Rosneft flew to Vienna to meet with OPEC members. The meeting demonstrated Russia’s interest in stopping oil prices from falling further, as it pushed OPEC to cut back on oil […]
How the Saudis Wag the Dog
How the Saudis Wag the Dog Even Without a Bomb or a Lobby American diplomacy favors (majority) white, English-speaking countries (the UK, Canada, Australia and New Zealand) and non-Hispanic European settler states (Canada, Australia and New Zealand again, but also Apartheid South Africa and, of course, Israel). South Africa eventually fell out of favor, thanks […]
OPEC Struggling To Keep Up The Pace In Oil Price War
OPEC Struggling To Keep Up The Pace In Oil Price War Some market watchers, such as Cornerstone Analytics (CA), have consistently stated that the underestimation of demand, coupled with over-estimation of supply, will mask the growing call on OPEC oil in the second half of this year. CA recently noted that global demand outstripped supply […]
This May Just Be The Start Of The Oil Price War Says IEA
This May Just Be The Start Of The Oil Price War Says IEA Saudi Oil Minister Ali al-Naimi may be one of the most powerful individuals in the global oil industry. After all, as the top oil official in arguably the world’s most influential oil-producing country, he has enormous influence. But for all his power, […]
The US-Saudi war with OPEC to prolong oil’s dying empire
The US-Saudi war with OPEC to prolong oil’s dying empire Whoever controls the price of oil can play god with the global economy – that’s why the US and Saudi Arabia are leading the way to smash OPEC and re-create a new global oil cartel “No one can set the price of oil,” said Saudi oil minister […]
Saudi Arabia, Russia in No Mood to Cave to US Fracking Boom
Saudi Arabia, Russia in No Mood to Cave to US Fracking Boom The recently vaunted decline in US crude oil production, supported by granular estimates, has been used in rationalizing the newly sizzling rally in oil prices. Analysts are digging through local details to come up with clues where this might be going. Money is re-pouring […]
Saudi Arabia Continues To Turn Screws On U.S. Shale
Saudi Arabia Continues To Turn Screws On U.S. Shale Saudi Arabia continues to ratchet up production, taking market share away from U.S. shale producers. According to OPEC’s latest monthly oil report, Saudi Arabia boosted its oil output to 10.31 million barrels per day in April, a slight increase over the previous month’s total of 10.29 million […]
Bob Graham and the Missing 9/11 Report Pages
Bob Graham and the Missing 9/11 Report Pages The media has taken an increasing interest in the 28 pages that were redacted from the 9/11 Joint Congressional Inquiry Report. The stories usually feature one of the Inquiry’s leaders, former Senator Bob Graham, who has claimed that the missing pages point to involvement of the government of Saudi Arabia. Although […]
US Approves Saudi Use Of Banned Cluster Bombs (But Only If They’re Extra Careful)
US Approves Saudi Use Of Banned Cluster Bombs (But Only If They’re Extra Careful) Following a report on Sunday, where Human Rights Watch said video and photographic evidence showed that Saudi Arabia used cluster bombs near villages in Yemen’s Saada Province at least two separate times, the US State Department said it is “looking into” the allegations […]
Where Porter is On and Off in Explaining US Media Bias on Saudi Aggression against Yemen
Where Porter is On and Off in Explaining US Media Bias on Saudi Aggression against Yemen In an important new article, award-winning journalist Gareth Porter notes that US and Western media are using the term “proxy war” as “a way of softening the harsh reality of Saudi aggression” against Yemen. A proxy war by definition, Porter […]
Why the World’s Appetite for Oil Will Peak Soon
Why the World’s Appetite for Oil Will Peak Soon The conventional wisdom about steadily rising demand is wrong. Within two decades, global oil use will start to fall. When it comes to oil demand, the conventional wisdom is clear: Population growth and a rising global middle class guarantee that demand—and prices—will rise over the coming […]
US-Assisted Wahhabi Bombings of Yemen are “Devastating”: UN
US-Assisted Wahhabi Bombings of Yemen are “Devastating”: UN The UN Secretary General stated Thursday that Saudi bombings of Yemen, which are assisted and coordinated by the US, “are having a devastating impact on humanitarian aid efforts and are in violation of the laws of war.” While noting that fighters within Yemen are also committing war-crimes – ISIS, for […]
Saudi Arabia: the great oil game
Saudi Arabia: the great oil game Saudi Arabia just increased oil production to a record level, never reached in previous history. They are doing that in a moment of record low oil prices. What do they have in mind? (Image from Arthur Berman) When the collapse of the oil prices started, in the summer of […]
Why Is Washington Supporting Saudi Arabia’s Massacre In Yemen?
Why Is Washington Supporting Saudi Arabia’s Massacre In Yemen? For a month now, the Saudi air force has been bombing Yemen to reverse a takeover of that nation of 25 million by Houthi rebels, and reinstall a president who fled his country and is residing in Riyadh. The Saudis have hit airfields, armor and arms […]
