Search Results for: oil

Saudi empire headed for collapse

Saudi King Salman

For the past eight decades Saudi Arabia has been careful. Using its vast oil wealth, it’s quietly spread its ultra-conservative brand of Islam throughout the Muslim world, secretly undermined secular regimes in its region, and prudently kept to the shadows while others did the fighting and dying. It was Saudi money that …

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US sends even more troops into Africa…to find ‘Kony’

Kony

In an expanded attempt to continue the hunt for warlord Joseph Kony, President Obama has authorized the deployment of military aircraft and about 150 Special Operations forces to Uganda. According to the Washington Post, the administration notified Congress of the deployments as they began on Sunday, and the troop movement …

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Scientists may have found a 200 mile river of oil

Oil on Saturn moon Titan

…but it’s on the other side of the solar system. NASA scientists say they’ve discovered a Nile-like river on Titan, the most Earth-like of Saturn’s moons. Oh, and the river is made of oil. “Titan is the only other world we know of that has stable liquid on its surface,” Jia-Rui Cook of …

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BP admits to 11 counts of manslaughter

Oil giant BP will fork over the largest criminal penalty in the history of the United States and plead guilty to criminal misconduct, sources report, with more charges possibly forthcoming over the 2010 Deepwater Horizon spill in the Gulf of Mexico. The US Justice Department admitted Thursday afternoon that two …

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The Wars in the Middle East and North Africa are about oil

war for oil

The Iraq war was really about oil, according to Alan Greenspan, John McCain, George W. Bush, Sarah Palin, a high-level National Security Council officer and others. Dick Cheney made Iraqi’s oil fields a national security priority before 9/11. The Sunday Herald reported: Five months before September 11, the US advocated using force against Iraq … to secure control of …

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8 signs that a global economic crisis is coming soon

When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal. Time is now rapidly running out. From China to Brazil, …

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Stuxnet 2.0: US launches cyber attack on Iran’s oil ministry

Iran oil

Iran has foiled a hacking attack on its Ministry of Petroleum, which originated from the US, head of the Iranian Cyber Police has said. The website of Cyber Police (FATA) quoted Gen. Kamal Hadianfar as saying that the hackers had launched their attack during holidays in Iran. “We managed to stop the …

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Petrodollar exports negative in 2014, first time in 18 years

Petrodollar

Two years ago, in hushed tones at first, then ever louder, the financial world began discussing that which shall never be discussed in polite company – the end of the system that according to many has framed and facilitated the US Dollar‘s reserve currency status. The Petrodollar, or the world …

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Oil corporations want to exploit reserves under arctic ice melt

Arctic ice

The National Academy of Science would like to see the eco-fascist view of man-made climate change be taught in school curriculum to indoctrinate future generations to unscientific ideas like the Arctic sea-ice melting is not a natural event. Alarmists are reporting that the Arctic sea ice has shrunk to 1.58 million square miles and …

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Aristotle and the definition of money

Aristotle

There are countless tips on how to make money. This article is not about that. Rather, we examine the definition of money, what makes good money, and how some bad monies stay bad while others have become acceptable through new ideas and technology. In the end we will talk about …

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Russia’s GDP shrinks 4.6% due to oil prices and sanctions

Russia Moscow bridge

Russia’s economy suffered a 4.6-percent fall in GDP in the second quarter of 2015 against the same period last year, the worst performance in six years, according to official statistics. A collapse in oil prices and Western sanctions were largely to blame, however improvement is forecast in 3Q of 2015. …

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The four business gangs that run the US

US flag

If you’ve ever suspected politics is increasingly being run in the interests of big business, I have news: Jeffrey Sachs, a highly respected economist from Columbia University, agrees with you – at least in respect of the United States. In his book, The Price of Civilisation, he says the US economy …

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What’s in Store for Oil Markets in 2017

Oil market 2017 what's in store

The price of WTI crude oil and Brent crude oil rose on Wednesday, 15 March 2017. There was a significant reduction in US crude oil inventories, helping to spur price rises in the process. At last count, WTI crude oil was trading at $48.48 per barrel (+1.59%) while Brent crude …

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U.S. to start carving up Afghanistan’s vast resources

In yet another move that could be seen coming from a mile away by even the most casual observer, a recently released statement from the Department of Defense is announcing that U.S. agencies are now “aiding” Afghanistan to locate and pinpoint the nation’s mineral wealth. This “treasure mapping” of Afghanistan is being …

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End of Peak Oil: 200-year supply of oil in one single shale formation

There’s plenty of oil, and even the global elites can’t hide it anymore. GAO: Recoverable Oil in Colorado, Utah, Wyoming ‘About Equal to Entire World’s Proven Oil Reserves’ … The Green River Formation – an assemblage of over 1,000 feet of sedimentary rocks that lie beneath parts of Colorado, Utah, …

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Why you should say ‘NO’ to palm oil

Orangutan palm oil

Did you know that most of us are fueling one of the world’s biggest ecological disasters and acts of primate genocide in history?  Borneo and Sumatra are two of the most bio-diverse regions of the world, yet they have the longest list of endangered species. This list includes the magnificent …

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