Source – dispatchesfromtheedgeblog.com – “…Lebanon is now imploding, Egypt is piling up massive debts, and Iraq can’t pay its bills because oil is stuck at around $46 a barrel. Saudi Arabia needs a price of at least $95 a barrel to meet its budgetary needs—and to feed the appetites of its royals…. The Pandemic and…
Source – haitianalysis.com – “…Kaplan’s ruling relies very heavily on the testimony of a defrocked Ecuadorian judge named Alberto Guerra. Chevron paid Guerra well over a million dollars worth of benefits for his testimony, but he later admitted to lying to Kaplan about being offered a bribe by Donziger, the substance of the “corruption” Kaplan used to overturn…
Source – counterpunch.org – “…Here, in this cell in a dank old warehouse in Bani Walid, there are no smugglers, no rapists, no thieves or murderers. There are simply Africans captured by traffickers as they made their way from Nigeria, Cameroon, Chad, Eritrea, or other disparate parts of the continent seeking a life free of…
Source – ammo.com – “…From 1982 to 2005, during the reign of King Fahd of Saudi Arabia, over $75 billion is estimated to have been spent in efforts to spread Wahhabi Islam to various, much poorer Muslim nations worldwide. By comparison, the Soviets spent about $7 billion spreading communism worldwide in the 70 years from 1921 and 1991″ The…
Source – voltairenet.org – “…Westerners made Shah Reza Pahlevi the “gendarme of the Middle East”. He saw to it that nationalist movements were crushed….During the oil crisis of 1973, he realized the power he had at his disposal. He then considered restoring a real empire and sought the help of the Saudis. The latter immediately…
Source – zerohedge.com – “…His failings only amplified his father’s distaste for Bunker. That all changed with the Sarir Field in Libya. Bunker had secured leases on two tracts in Libya designated simply Concession #2 and Concession #65. Due to a need for cash, he sold half his interest in #65 to British Petroleum, and it…
Source – williamengdahl.com – “…On orders from Saudi de facto monarch, Prince Muhammad bin Salman, Saudi embarked on an aggressive strategy of price dumping its oil on especially European markets to undercut Russian sales. The upshot, as the price war continued, was the worst collapse in oil prices since the Saudi 2014 failed strategy to…
Source – whowhatwhy.org – “…One Chevron lobbyist has said: that “little countries can’t screw around with big companies like this…The plaintiffs wanted the case to be tried in Canada, in part, because the Ecuadorians did not feel they could get a fair trial in the US. Donziger claims that the New York trial was marred…
Source – hendersonlefthook.wordpress.com – “…Dick Cheney was now Halliburton Chairman and CEO. Cheney now struck a more business-like tone, cutting oil deals with Saddam Hussein. According to the Financial Times, from 1998-2000 Halliburton did nearly $24 million in business selling oil drilling equipment and services to Iraq. Cheney & Company circumvented the US embargo by…
Source – orientalreview.org – “…Taliban were not ‘terrorists.’ They were lightly armed tribal warriors fighting bandits and the US-backed Afghan intelligence services run by the Communist Party. Taliban’s fathers, the mujahidin, were hailed as ‘freedom fighters’ by Ronald Reagan. In 2003, the US did a total volte-face to support the Afghan Communists who promised to…
Source – strategic-culture.org – “…Britain continued to pursue total control of Iran, not through colonial occupation, but rather through economic “agreements”. In the midst of carving up the empire’s new “jewels” of the Middle East from the Sykes-Picot fraud on the Arabian people and the illegal British occupation of Palestine, the notorious Anglo-Persian Agreement of…
Source – jonrappoport.wordpress.com – ‘…The physicist states: ‘It appears that a variety of approaches produce technologies that run cars, buses, trains, planes, localized electrical grids, and home energy devices—for pennies…At one point it was thought that a community of companies could control all the relevant patents, but this promise has faded. The engineering for the…
Source – youtube.com – “…China has the world’s fastest and largest high-speed rail network — more than 19,000 miles, the vast majority of which was built in the past decade. Japan’s bullet trains can reach nearly 200 miles per hour and date to the 1960s. They have moved more than 9 billion people without a single…
Source – zerohedge.com – “…The plan was simple, but perilous. Some 300 heavily armed volunteers would sneak into Venezuela from the northern tip of South America. Along the way, they would raid military bases in the socialist country and ignite a popular rebellion that would end in President Nicolás Maduro’s arrest. What could go wrong?…
Source – greenpeace.org – “…The world average decline rate on post-peak production is 5 to 7%, meaning that oil production could plummet to half its current volume in the next 10 to 14 years. Over the past decade, only a massive, expensive, noxious, water-and-chemical-intensive fracking campaign in US shale fields has kept the “all liquids”…
Source – msn.com – “…Canadian heavy oil cheaper than a pint of beer as North American demand for fuel plummets…prices are well below the break-even cost for the Canadian oil sands producers, which risks posting massive losses this year as low prices persist…The world’s on the brink of running out of places to put oil”…
Source – oilprice.com – “…Some may say, Saudi stands no chance of going bankrupt? In fact, as highlighted above, Saudi will absolutely go bankrupt if it continues this oil price war. As Saudi Arabia’s own deputy economic minister, Mohamed Al Tuwaijri, stated unequivocally in October 2016 last time that the Saudis tried this exact same…
Source – southfront.org – “…Saudi Arabia may soon find out that its actions have backfired. Such economic and geopolitical games amid the acute conflict with Iran, military setbacks in Yemen and the increasing regional standoff with the UAE could cost too much for the Kingdom itself. If the oil prices fall any further and reach…
Source – mintpressnews.com – “…Once negotiations with UNOCAL had collapsed completely, U.S.-backed regime change in the country began to be openly discussed…Washington was furious, leading to speculation it might take out the Taliban. After 9/11, the Taliban, with good reason, were removed — and pipeline planning continued with the Karzai government. U.S. forces installed bases…
Source – desmogblog.com – “…They are called blank check companies because the management is given a blank check to buy whatever they choose. In the 1980s, the Wall Street Journal (WSJ) noted that “blank-check companies were often associated with penny-stock frauds.” In a 2017 article on the oil industry, the WSJ reported that “SPACs were…
Source – stuartbramhall.wordpress.com – “…When Falcon was arrested in 1975 he said he was working for the CIA and that part of his drug proceeds went to fund Latin American counter-revolutionary groups. FBI documents revealed that the CIA had been trying to destabilize the government of Mexican President Luis Echevarria due to his nationalistic stance…
Source – internationalman.com – “…Imagine if the Ku Klux Klan or Aryan Nation obtained total control of Texas and had at its disposal all the oil revenues, and used this money to establish a network of well-endowed schools and colleges all over Christendom peddling their particular brand of Christianity. This is what the Saudis have…
Source – globalresearch.ca – “…KKR is mega-rich, even by Wall Street standards. It has US$208 billion in assets under management and US$153 billion in fee-paying assets under management….In 2014, KKR opened an office in Calgary with a $2 billion fund to find Canadian energy investments, especially in unconventional oil and gas projects” Wall Street Invading…
Source – mises.org – “…In 2000, Saddam Hussein, then-president of Iraq, announced that Iraq was moving to sell its oil in euros instead of dollars. Following 9/11, the United States invaded Iraq, deposed Saddam Hussein, and converted Iraqi oil sales back to the U.S. dollar. This exact pattern was repeated with Muammar Gaddafi when he…
Source – oilprice.com – “…Based on declassified CIA documents…summarizes the coup this way: “Known as Operation Ajax, the CIA plot was ultimately about oil…This should come as no surprise. Iran was an oil power back in 1953 and it remains one today. Iran is presumed to have the third largest oil reserves in the world…
Source – strategic-culture.org – “…The petrodollar is what ensures that the US dollar retains its status as the global reserve currency, granting the US a monopolistic position from which it derives enormous benefits from playing the role of regional hegemon. This privileged position of holding the global reserve currency also ensures that the US can…
Source – counterpunch.org – “…America’s hatred of Iran starts with its attempt to control its own oil production, exports and earnings. It goes back to 1953, when Mossadegh was overthrown because he wanted domestic sovereignty over Anglo-Persian oil. The CIA-MI6 coup replaced him with the pliant Shah, who imposed a police state to prevent Iranian…
Source – greenpeace.org – “… The alleged “increase” in oil production has been achieved with dirty, marginal, low-net energy grunge petroleum, financed with massive debt, stock scams, and outright Ponzi schemes. The swindle has had a disastrous effect on ecosystems, on our atmosphere, on the world economy” Will peak oil save Earth’s climate? – By…
Source – globalresearch.ca – “…American mythology revolves around what is called “America’s Love Affair With the Automobile”, presented as an exciting if a bit quirky personal expression of independent and freedom-loving America, where inexpensive mass transportation failed to evolve due to Americans’ individuality and desire for freedom. But this historical narrative is wrong. Today’s US…
Source – thetyee.ca – “…Former CIA director David Petraeus noted ominously, “It’s a fact that Saudi Arabia is gradually running out of money”…Even though Aramco is the most profitable company on the planet, with proven reserves of 270 billion barrels of the world’s cheapest oil, private equity investors so far have taken a pass on…
