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Category Archives: Oil
HARPER: WHEN A FIST BUMP DOESN’T DO THE TRICK
Well, President Joe Biden has just gotten another kick in the teeth from our loyal friends in Saudi Arabia. This week a group within the OPEC+ revived petroleum cartel announced that they would be cutting production quotas by over 1.1 … Continue reading
Posted in China, Middle East, Oil, Russia, Ukraine Crisis
34 Comments
What are the causes and effects of leaks in the Nord Stream 1 and 2 pipelines?
By Robert Willmann Both reports and rumors are swirling around confirmed leaks in the Nord Stream 1 and 2 pipelines running from Russia to Germany across the Baltic Sea. Although natural gas is not flowing through the pipelines at this … Continue reading
What was it you said about “Peak Oil?”
"U.S. crude oil futures turned negative Monday for the first time in history as storage space was filling up, discouraging buyers as weak economic data from Germany and Japan cast doubt on when fuel consumption will recover. Physical demand for … Continue reading
Posted in Oil
43 Comments
Trump moves to unite the Middle East! (irony)
Teevee coverage of the recent events in the ME has been predictable. Those who hated Trump continue to hate him, etc. A few observations: 1. I had hoped that Trump's decision to kill an Iranian general engaged in a diplomatic … Continue reading
Posted in As The Borg Turns, Borg Wars, France, Iran, Iraq, Oil, Russia, Saudi Arabia, Syria, Turkey
Comments Off on Trump moves to unite the Middle East! (irony)
“The Truth about Oil and the Iraq War, 15 Years Later” Commentary by The Virginian
(article by Gary Vogler) 'The oil agenda I discovered and experienced was to supply Iraq oil to Israel. The players were the neoconservatives in the Bush Administration, their favorite Iraqi – Dr Ahmed Chalabi and the Israeli government. One of … Continue reading
“Iraqi Government Confirms Cooperation With Syria, Iran And Russia …” – South Front
"The Iraqi government has officially confirmed a cooperation with Syria, Iran and Russia to secure the Syrian-Iraqi border. According to the Iraqi Interior Ministry, there is a cooperation between the four countries on this issue. The Iraqi media also … Continue reading
Posted in As The Borg Turns, Borg Wars, Current Affairs, Iran, Iraq, Israel, Middle East, Oil, Russia, Saudi Arabia, Syria
16 Comments
Bad news for the Gulfies and their Israeli friends.
If new incremental costs per barrel for US shale oil are as low as described in this article the political power of the Arab States of the Gulf is markedly reduced. It should be remembered that shale is only … Continue reading
Posted in As The Borg Turns, Iran, Israel, Middle East, Oil
54 Comments
The West and Ukraine − and the wars within (FB Ali)
Poor Professor Petro! A professor of politics at the University of Rhode Island, he was selected by the US State Department as a Fulbright Research Scholar in 2013 and went to Ukraine on a year's affiliation with a university in … Continue reading
Posted in Oil, Policy, Russia
125 Comments
Maddow, Isikoff and Corn explain the Iraq War
"MADDOW: At the top of the list for Bremer is oil. BREMER: I had been told we had to get the oil going because it was an oil-dominated economy. This was fairly straightforward. Unless you can get the oil going, … Continue reading
Posted in government, Iraq, Media, Oil
79 Comments
“Study: Oil speculators dominate open interest in oil futures” Ruth
"Using data from the Commodity Futures Trading Commission (CFTC), the authors state that the previous claims by the commission that speculation wasn't influencing oil futures markets were based on inappropriate analysis. The authors present new evidence that speculative trading is … Continue reading
Posted in Oil
21 Comments