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Open Thread: Any Energy Related Subject

Open Thread: Any Energy Related Subject Russian production has flattened out during the last 12 months. Russia is the world’s second largest producer of crude oil, only slightly below Saudi Arabia. Iran unveils a three stage plan to get its Persian Gulf oil back to pre sanction levels… in five years. 3-stage plan to raise […]

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No Brains In Washington

No Brains In Washington Washington’s IQ follows the Fed’s interest rate — it is negative. Washington is a black hole into which all sanity is sucked out of government deliberations. Washington’s failures are everywhere visible. We can see the failures in Washington’s wars and in Washington’s approach to China and Russia. The visit of Chinese […]

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American Petroleum Institute Touts Oil Exports to Fend Off Iran, Russia Despite API Members Tied to Both Countries

American Petroleum Institute Touts Oil Exports to Fend Off Iran, Russia Despite API Members Tied to Both Countries The American Petroleum Institute (API) has launched a new advertising campaign in its ongoing push to oust the U.S. oil exports ban in place since 1975. One of the most recent ads, titled “Crude Oil Exports and National Security” on YouTube, starts off with […]

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“Be Our Guest”: Russia Warns Washington Of “Unintended Incidents” In Syria

“Be Our Guest”: Russia Warns Washington Of “Unintended Incidents” In Syria On Thursday evening, we chronicled the latest in the drama that is Syria’s horrific civil war, noting that, according to an Israeli defense source, “hundreds” of Iran’s Revolutionary Guards are on the ground in Syria fighting alongside the Russians to support Bashar al-Assad’s depleted forces as […]

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So you really want to make Syrian Refugees an Election Issue?

So you really want to make Syrian Refugees an Election Issue? Thomas Pynchon once wrote:  ‘If they can get you asking the wrong questions, they don’t have to worry about the answers.’  Words to live by for the  the major political parties in Canadian Federal politics. The refugee crisis in Syria, Iraq and spilling into Europe […]

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Powder Kegs Exploding: Violence Escalates In Turkey, Yemen As Mid-East Tips Towards Chaos

Powder Kegs Exploding: Violence Escalates In Turkey, Yemen As Mid-East Tips Towards Chaos On Friday we checked in on two of the world’s most important conflicts: 1) that which is unfolding in Turkey where President Recep Tayyip Erdo?an has effectively granted Washington access to Incirlik (you know, for “anti-terror” sorties) in exchange for NATO’s acquiescence […]

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Why It Really All Comes Down To The Death Of The Petrodollar

Why It Really All Comes Down To The Death Of The Petrodollar Last week, in the global currency war’s latest escalation, Kazakhstan instituted a free float for the tenge. The currency immediately plunged by some 25%. The rationale behind the move was clear enough. The plunge in crude prices along with the relative weakness of the Russian […]

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Neocons Falsify Iraq War ‘Lessons’

Neocons Falsify Iraq War ‘Lessons’ Having escaped accountability for the Iraq War disaster, U.S. neocons are urging the use of more military force in the Mideast, in line with Israeli Prime Minister Netanyahu’s demand to block the Iran nuclear deal. From their important perches of power, these war hawks also twist the history of their […]

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Reshuffling Eurasia’s Energy Deck — Iran, China and Pipelineistan

Reshuffling Eurasia’s Energy Deck — Iran, China and Pipelineistan Pipelineistan – the prime Eurasian energy chessboard — never sleeps. Recently, it’s Russia that has scored big on all fronts; two monster gas deals sealed with China last year; the launch of Turk Stream replacing South Stream; and the doubling of Nord Stream to Germany. Now, with […]

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Oil Re-Bloodies the “Smart Money”

Oil Re-Bloodies the “Smart Money” The “liquidity death spiral.” Oil plunged again on Monday, with West Texas Intermediate down over 4%. At $45.17 a barrel, it’s just a hair away from this year’s oil-bust low. During 8 weeks in a row of relentless declines, WTI had plunged 26%. July’s 21% drop was the largest monthly decline since […]

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Making Excuses for Saudi Misbehavior

Making Excuses for Saudi Misbehavior Exclusive: Saudi-Israeli apologists are doing back flips to justify why the U.S. interest in having peaceful relations with Iran should take a back seat to sectarian and regional desires of Riyadh and Tel Aviv, including that peace with Iran will cause the Saudis to misbehave even more, notes Daniel Lazare. As the former publisher of […]

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The Real Reasons For the Iran Agreement

The Real Reasons For the Iran Agreement Obama is being praised as a man of peace for the nuclear agreement with Iran. Some are asking if Obama will take the next step and repair US-Russian relations and bring the Ukrainian imbroglio to an end? If so he hasn’t told Assistant Secretary of State Victoria Nuland […]

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Greece’s Lesson For Russia

Greece’s Lesson For Russia “Greece’s debt can now only be made sustainable through debt relief measures that go far beyond what Europe has been willing to consider so far.” — International Monetary Fund Greece’s lesson for Russia, and for China and Iran, is to avoid all financial relationships with the West. The West simply cannot […]

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Thank Goodness Everything’s Fixed

Thank Goodness Everything’s Fixed The trick is to borrow as much as you can and leverage it to the hilt, and buy, buy, buy. Thank goodness everything’s been fixed. Now that the bigshots in the Eurozone have given Greece the Humphrey Bogart treatment– When you’re slapped, you’ll take it and like it, Bogart’s line as he bullied […]

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US/Israeli/Saudi ‘Behavior’ Problems

US/Israeli/Saudi ‘Behavior’ Problems There is a madness in how the mainstream U.S. media presents the world to the American people, a delusional perspective that arguably creates an existential threat to humanity’s survival. We have seen this pattern in the biased depiction of the Ukraine crisis and now in how Official Washington is framing the debate over the Iranian […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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