Source – oilprice.com – Russia has played a master stroke in the current oil crisis by taking the lead in forming a new cartel, but it’s a move that could spell geopolitical disaster. The meeting between Russia, Qatar, Saudi Arabia and Venezuela on 16 February 2016 was the first step. During the next meeting in…
Source – sputniknews.com – Robert F. Kennedy Jr. wrote that the US decided to remove Syrian President Bashar al-Assad from power after he refused to back a Qatari gas pipeline project. The CIA went ahead with this plan after the multi-billion dollar pipeline project first surfaced in 2000, years before the Arab Spring uprising in Syria took place. The project was aimed to build a…
Source – journal-neo.org – “…What the brilliant Russians scientists discovered was that oil, far from being biological in genesis, was abiotic. Moreover, they posited, and later proved that it was being continuously newly generated deep in the Earth’s mantle and pushed to the surface or as close to it as the subsurface geology allowed. The…
Source – veteranstoday.com – “Saudi Arabia is no state at all. It’s an unstable business so corrupt to resemble a criminal organization and the U.S. should get ready for the day after. Alex de Waal is the executive director of the World Peace Foundation and a research professor at Tuft University’s Fletcher School of Law…
Source – ericmargolis.com, By Eric Margolis – “One night in his tent in Tripoli, Libya, Col. Muammar Khadafi told me, “the Saudis are a very rich family hiding behind high walls, terrified their neighbors will come and steal their wealth”: SAUDIS – STOP THE OIL FLOOD – OR ELSE: He was right. The covetous neighbor…
Source – ragingbullshit.com – The hundred-billion-dollar question: Despite a bounce this week, low oil prices continue to sow fear, uncertainty, and mayhem across the emerging market complex. On Wednesday, it was leaked that the IMF and World Bank would dispatch a team to oil and gas-dependent Azerbaijan to negotiate a possible $4 billion emergency loan…
Source – journal-neo.org – Oil has fallen below $30 per barrel. The decline in oil prices that alarmed the world when it began in 2014 has lasted much longer than expected. Natural gas, steel, copper, and other commodities are also seeing their prices fall. Economists are becoming alarmed as all the signs indicating some kind…
Source – atlasmonitor.wordpress.com – If there is any single price of any commodity that determines the growth or slowdown of our economy, it is the price of crude oil. Too many things don’t calculate today in regard to the dramatic fall in the world oil price. In June 2014 major oil traded at $103 a…
Source – journal-neo.org/ – It seems that Saudi Arabia has started to undergo the transformation various experts predicted. Those became obvious when the sitting king Salman bin Abdulaziz Al Saud replaced his deceased elder brother Abdullah bin Abdulaziz Al Saud in January 2015, and made a number of quite unusual arrangements within the ruling elite,…
Source – hendersonlefthook.wordpress.com – “Nationalistic governments were destabilized, discredited and overthrown by the CIA at the behest of Big Oil. Henry Kissinger set up his International Energy Agency, which the French called a machine de guerre. Nixon’s Twin Pillars Policy and Reagan’s GCC were both efforts to divide OPEC between wealthy banker nations and poor…
Source – voltairenet.org – While the Saud family enjoys the last few moments of its dictatorship, the decapitation of the leader of the opposition, Nimr al-Nimr, deprives half of the Saudi population of all hope. For Thierry Meyssan, the fall of the kingdom has become inevitable. It will probably be accompanied by a long period…
Source – money.cnn.com – It’s gotten so bad in the oil world that investment banks are practically falling over themselves to predict just how low crude will go. Oil prices crashed below $30 a barrel on Tuesday for the first time since December 2003. It’s also a stunning 72% plunge from levels just 18 months…
Source – journal-neo.org – Russia has just taken significant steps that will break the present Wall Street oil price monopoly, at least for a huge part of the world oil market. The move is part of a longer-term strategy of decoupling Russia’s economy and especially its very significant export of oil, from the US dollar,…
Source – alternet.org – Relations between Riyadh and Tehran have been tense ever since the Islamic Republic of Iran was established in the revolution of 1979: Ever since Saudi Arabia executed Shia Cleric Nimr al-Nimr for terrorist offences, tensions between Iran and Saudi Arabia have been escalating by the day. After the execution, the Saudi…
Source – zerohedge.com – Earlier today, in “Mid-East Melee: Sectarian Showdown Looms As Bahrain Cuts Ties With Iran, UAE Recalls Ambassador,” we brought you the latest from the war-torn Mid-East where a worsening spat between Saudi Arabia and Iran threatens to plunge the region into chaos. Make no mistake, things were already out of control.…
Source – nakedcapitalism.com – There is something to be said for how straightforward open kleptocracies are…: At the very beginning of his presidency, in March 2000, Vladimir Putin said the state – he meant himself – should be “equidistant” from the oligarchs. He also promised “compliance with [market] rules, without offering any advantages or privileges…
Source – corbettreport.com – From farm to pharmaceutical, diesel truck to dinner plate, pipeline to plastic product, it is impossible to think of an area of our modern-day lives that is not affected by the oil industry. The story of oil is the story of the modern world. And this is the story of those…
Source – journal-neo.org – What if you woke up one morning, turned on CNN or BBC, and a friendly face told you 10 families ruled the world? How about 20? What if one family had investments in every corner of the world, and money bet on every point of conflict on Earth? Why CNN and…
Source – davidstockmanscontracorner.com – The world’s leading oil producers are preparing for the possibility of oil prices halving to $20 a barrel after a second day of financial market turmoil saw a fresh slide in crude, the lowest iron ore prices in a decade, and losses on global stock markets. Benchmark Brent crude briefly dipped…
Source – craigmurray.org.uk – The Times on Saturday carried an article on ISIS’ oil interests, Syria and Turkey. Nowhere does it inform its readers that the owner of the newspaper, Rupert Murdoch, has a vested interest in this subject through his role and shares in Genie Energy, an Israeli company granted oil rights in Syria by…
Source – theeconomiccollapseblog.com – On Monday, the price of U.S. oil dropped below 38 dollars a barrel for the first time in six years. The last time the price of oil was this low, the global financial system was melting down and the U.S. economy was experiencing the worst recession that it had seen since…
Source – washingtonsblog.com – To understand what’s happening in Syria right now, you have to understand the tactics and motivations of the US and NATO — parties sharing interwoven aims and goals in the Middle East/North African (MENA) region. While the populations of Europe and the US are fed raw propaganda about the regional aims…
Source – mintpressnews.com – In addition to son Bilal’s illegal and lucrative oil trading for ISIS, Sümeyye Erdogan, the daughter of the Turkish President apparently runs a secret hospital camp inside Turkey just over the Syrian border: Russia’s Sergey Lavrov is not one foreign minister known to mince his words. Just earlier today, 24 hours…
Source – zerohedge.com – On Monday, Turkey’s sultan President Recep Tayyip Erdogan said something funny. In the wake of Vladimir Putin’s contention that Russia has additional proof of Turkey’s participation in Islamic State’s illicit crude trade, Erdogan said he would resign if anyone could prove the accusations. Now obviously, conclusive evidence that Ankara is knowingly…
Source – journal-neo.org – It’s common knowledge that the economy is a fickle mistress and the touchstone of any government, dictating its policy, finances and ambitions. This tenet has become more significant in our day and age, whether a country is among the very poor, the average or the formerly rich oil producers. This is…
Source – redpepper.org.uk – On Nov. 10, it will be 20 years since Ken Saro-Wiwa, president of the Movement for the Survival of the Ogoni People (MOSOP), and eight other Ogoni leaders were hanged by the military dictatorship in Nigeria. Known as the Ogoni Nine, their crime was demanding a share of the proceeds of…
Source – whowhatwhy.org – Self-Interest and Secret Social Backchannel Paved the Way for War; An extremely important story has come and gone in a flash, almost unnoticed, like so many important stories. It revealed that President George W. Bush and British Prime Minister Tony Blair had agreed to invade Iraq long before the first bombs fell on…
Source – zerohedge.com – You probably have heard this numerous times before; the Chinese position in US Treasuries is outright dangerous and China could single-handedly force the US Dollar to weaken quite substantially. Whilst that’s definitely correct, it sure looks like one is overlooking the impact the low oil price has on the public finances…
– Source – http://www.keshefoundation.org – Welcome to The Keshe Foundation: One does not see wings, jet engines or propulsion rockets attached to the Earth for it to hold on to its position and to travel at thousands of Kilometers an hour for billions of years in its solar system. With the new…
Source – washingtonsblog.com, By Eric Zuesse – The richest person in the world isn’t anyone in the Forbes list, which excludes calculations for any heads-of-state, but is instead King Salman of Saudi Arabia, whose net worth is in the trillions of dollars. He virtually owns the Saudi Government, which owns the world’s largest oil company, Aramco, among other…
Source – gizadeathstar.com – Yesterday I blogged about the discovery of a method of detection of the zero point energy, or quantum vacuum flux. You’ll recall that while there were elements within the scientific community rightly skeptical about the results of an experiment done at Germany’s University of Konstanz, nonetheless there are reasons for some…
Source – bawerk.net – Another Petro-State Throws In The Towel – The Last Nail In The Petrodollar coffin Source: Norwegian Ministry of Finance, Bawerk.net According to the proposed budget submitted by the current ‘blue-blue’ government the Norwegian deficit will reach another record high in 2016. Mainland taxes are expected to bring in 1,008 billion NOKs,…
Source – charleshughsmith.blogspot.ca – Those waiting for the U.S. and its dollar to collapse in a heap may find their own stability is more contingent (and fleeting) than they reckoned. Many observers (including myself) question the coherence of U.S. foreign policy in the Mideast: The Fatal Incoherence of the Bush/Obama Foreign Policy (June 18, 2014).…
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