Category Archives: Oil

“Peak Oil Demand is Coming Soon!”

In the 1980s, I spent weeks at a time covering Opec meetings in fancy hotels in Geneva and Vienna at which ministers — including the then-famed Zaki Yamani of Saudi Arabia and the immediate post-revolutionary Iranians — debated how to … Continue reading

Posted in Oil, Policy, Politics, The economy, TTG | 34 Comments

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

Posted in Borg Wars, Current Affairs, Germany, Oil, Politics, Russia, Ukraine Crisis | Tagged , , , | 66 Comments

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

Posted in Borg Wars, Iraq, Israel, Oil, Syria | Comments Off on “The Truth about Oil and the Iraq War, 15 Years Later” Commentary by The Virginian

“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