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…
Source – veteranstoday.com – “…Despite the climate crisis that our planet faces, Big Oil is doubling down on fossil fuels. At over 30 billion barrels of crude oil a year, production has never been higher. Now, with the help of tech companies like Microsoft, oil companies are using cutting-edge technology to produce even more” Oil…
Source – ericmargolis.com – “…Few talk or think about Iraq these days; the media ignores this important but demolished nation. Iraq, let’s recall, was the target of a major western aggression concocted by George W. Bush, Dick Cheney and Britain’s Tony Blair, financed and encouraged by the Gulf oil sheikdoms and Saudi Arabia. Most people…
Source – goldmoney.com – “…The global monetary system, global energy markets face enormous change with both the EU and supranational organisations…pushing a policy of dropping carbon fuels for green alternatives. Furthermore, the original agreement whereby Saudi Arabia agreed to sell its oil for dollars, giving US banks control over monetary surpluses from all OPEC’s oil…
Source – thetyee.ca – “…Easter Island’s giant stone heads came to symbolize the collapse of a society. Our symbol should be the SUV…SUVs — heavier and much less fuel-efficient — made up about 18 per cent of vehicle sales in 2010. By 2018, their share had more than doubled, the association found. In 2010, about…
Source – globalresearch.ca – “US Troops Are Staying in Syria to ‘Keep the Oil’ – Trump’s honesty in this case is refreshing especially after dealing with Nobel Peace Prize winner Obama who used his charisma to sell war to the masses….Another reason for this newfound obsession with controlling or “securing” Syrian oil fields is that…
Source – voltairenet.org – “…Although CO2 is one of the gases among others that can have an impact on the climate. Climate exchanges were opened in Chicago, then London, Montreal, Tianjin and Sydney. As it happens, Climate Exchange Plc was founded by a former director of Goldman Sachs Bank and US Vice President Albert Gore.…
Source – mintpressnews.com – “…The Guardian reported that just 100 companies are responsible for 71% of global greenhouse gas emissions. These include Exxon Mobil, Saudi Aramco, Shell, Chinese and Russian coal, Chevron, BP, CNPC, ConocoPhillips, Gazprom, Lukoil, Total, Petrobas and many others. One hundred incredibly rich yet morally bankrupt companies. That’s it” SM: …Which speaks…
Source – greenpeace.org – “…After 200 years of robust science and 40 years of global conferences based on that science, we’ve seen zero progress in reducing or even stabilizing human carbon emissions. The history shows us that our challenge with global heating is not the science, but the deceits of industry, failures of governments, cowardliness…
Source – veteranstoday.com – “…Declassified on May 27, 2008…Three are the certainties that emerge from the document: the need to threaten the Syrian president of that time Hafiz Al Assad, father of Bashar, for his hostility to the Iraqi gas pipeline,…the rooting of American terrorists as a force of provocation, and the pushing for military…
Source – hendersonlefthook.wordpress.com – “…ARAMCO represents the heart of the Crown’s Rothschild/Rockefeller global oil monopoly. In 2017 Saudi Prince Mohammed bin Salman announced that he would take the company public, but the IPO (initial public offering) has yet to happen. The reality is that the Saudis are already junior partners in the ARAMCO hall of…
Source – thesaker.is – “The strike at Abqaiq shows that the entire Middle East production of over 18 million barrels of oil a day – including Kuwait, Qatar, United Arab Emirates and Saudi Arabia – can be easily knocked out. There is zero adequate defense against these drones and missiles….Tehran has been playing a very…
Source – voltairenet.org – “…It will be easy for pseudo-intellectuals to explain that the United States has led all these destabilizations and wars only for oil. But this theory does not account for what has happened for eighteen years. The Pentagon’s mission was to destroy the state structures of these regions. It did it in…
Source – internationalman.com – “…Besides Hillary Clinton, the single biggest loser from the US presidential election was Saudi Arabia. The Saudis did not want Donald Trump in the White House….Toppling Syrian President Bashar al-Assad is a longstanding Saudi goal. But a President Trump makes that unlikely….This is just one of the ways President Trump will…
Source – commondreams.org – “…The lobbying campaign, documented in state disclosures and other records reviewed by Bloomberg News, has raised concerns about corporate influence muzzling free speech. “Oil refiners, especially Koch Industries and Marathon Petroleum, orchestrated this unholy alliance of oil, gas, chemical, and electric utility companies to crush resistance to polluting industries,” said Connor…
Source – moonofalabama.org – “…The attack conclusively demonstrates that the most important assets of the Saudis are now under threat. This economic threat comes on top of a seven percent budget deficit the IMF predicts for Saudi Arabia. Further Saudi bombing against the Houthi will now have very significant additional cost that might even endanger…
