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How To Bury the Fossil Fuel Industry

Public Policy

Keen eyes browsing through the Green New Deal resolution introduced by Rep. Alexandria Ocasio-Cortez (D-N.Y.) and Sen. Ed Markey (D-Mass.) in February might have noticed a concerning similarity between that document and the Paris climate agreement: Neither mentions fossil fuels. To be clear, the Green New Deal is probably the best shot we have at […]

Iran denounces ‘illegal’ US sanctions as oil waivers end

Iran denounces ‘illegal’ US sanctions as oil waivers end thumbnail

Iran denounced US sanctions on its oil sector as “illegal” on Monday after the United States announced it will no longer grant sanctions exemptions to Iran’s oil customers. “Since the sanctions in question are principally illegal, the Islamic Republic of Iran did not and does not attach any value or credibility to the waivers given […]

Kuntler: An Empire of Bullshit

Public Policy

After two years of gaslighting the public while it blew smoke up America’s ass, the Jacobin news media enjoyed its final feeding frenzy with the release of the 400-page Mueller report. They expected 1000 pounds of raw filet mignon, but it turned out to be tofu fried in olestra. The ensuing fugue of hyperventilating hysteria […]

Fragility In The World 2019

Public Policy

Yemen is labelled as the most fragile country by Fragile States Index in 2019. Finland is now the least fragile country. Source: (Highlights from Fragile States Index) “This year, Yemen claimed the top position for the first time as a result of its civil war and humanitarian catastrophe. Although Yemen’s top ranking may provide cause […]

Can US sanctions on Venezuela work?

Public Policy

The US Treasury Department has designated not just Venezuela‘s vital oil industry but its entire banking sector also as the target of sanctions, making it almost untouchable for companies and banks that do business with the United States. But in the last three months, President Nicolas Maduro‘s government has been busy finding ways to circumvent […]

Kunstler: Cascading Cat Litter

Public Policy

And so now Julian Assange of Wikileaks has been dragged out of his sanctuary in the London embassy of Ecuador for failing to clean his cat’s litter box. Have you ever cleaned a litter box? The way we always did it was to spread some newspaper — say, The New York Times — on the […]

The Metal Venezuela Has; Gold For China; Invention Of Peak Oil

Public Policy

Follow Kate Dalley Radio and others on SoundCloud.

Trump Signs Executive Orders to Boost Oil, Gas Industry

Public Policy

The orders make it harder for states to block pipelines and other energy projects. President Donald Trump arrived in Texas on Wednesday to host election fundraisers in two counties that were pro-Democrat Hillary Clinton in 2016. In between the events, he made an appearance at the International Union of Operating Engineers International Training and Education […]

The Geopolitics Of Oil In The Trump Era

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The United States have become the leading world producer of hydrocarbons. As from now, they are using their dominant position exclusively to maximise their profits, and do not hesitate to eliminate their major rivals in oil production, plunging their citizens into misery. Although in the past, access to Middle East oil was a vital necessity […]

Trump May Limit State Power Over Pipelines

Public Policy

Developers have been trying for six years to build a 124-mile natural gas pipeline from Pennsylvania to New York. Despite winning a federal approval in 2014, the project is still no closer to reality. Enter President Donald Trump, who on Wednesday is poised to issue an executive order to promote projects like the long-stalled Constitution […]

The Ultimate Pivot: Saudi Betrayal Of The Petrodollar

The Ultimate Pivot: Saudi Betrayal Of The Petrodollar thumbnail

Saudi Arabia has gone nuclear, threatening the petrodollar. Or has it? The report from Zerohedge via Reuters that Saudi Arabia is angry with the U.S. for considering a bill exposing OPEC to U.S. antitrust law is a trial balloon. The chances of the U.S. bill known as NOPEC coming into force are slim and Saudi Arabia would […]

Endgame 2019: Democracy Of Genocide

Public Policy

In the documentary, Jones lays out the proof that a nefarious global combine of super-elites have plotted the downfall and culling of humanity for decades. In particular, the elites devised a scheme centered around carbon taxation engineered to dominate the conscientious minds of the average human whereby humanity is convinced to give up its freedom […]

Saudi Arabia threatens to ditch dollar oil trades to stop ‘NOPEC’

Public Policy

Saudi Arabia is threatening to sell its oil in currencies other than the dollar if Washington passes a bill exposing OPEC members to U.S. antitrust lawsuits, three sources familiar with Saudi energy policy said. FILE PHOTO: An oil tanker is being loaded at Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia […]

Trump and Saudi Arabia at odds over oil prices

Public Policy

U.S. President Donald Trump and the Saudi government have closely aligned views on most issues but they disagree significantly on the desirable level for oil prices, which could become a source of volatility in 2019/2020. FILE PHOTO: The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France March 28, 2019. REUTERS/Christian Hartmann/File Photo […]

Kunstler: Wokester’s Nightmare

Public Policy

The tides are shifting. Something’s in the wind. And it’s not just the fecund vapors of spring. The political soap opera of RussiaGate ended like a fart in a windstorm last weekend, leaving Mr. Mueller’s cheerleaders de-witched, bothered, and bewildered. And then a crude attempt was made to cram the Jussie Smollett case down Chicago’s […]

Venezuela returns to ‘Middle Ages’ during power outages

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Walking for hours, making oil lamps, bearing water. For Venezuelans today, suffering under a new nationwide blackout that has lasted days, it’s like being thrown back to life centuries ago. El Avila, a mountain that towers over Caracas, has become a place where families gather with buckets and jugs to fill up with water, wash […]

Your Plans For Revolution Don’t Work. Nothing We’ve Tried Works

Your Plans For Revolution Don’t Work. Nothing We’ve Tried Works thumbnail

All the old ideas for uprooting the status quo have failed. I point this out not to depress people, but to persuade them to stop twisting on locked doorknobs. The old ideas don’t work, so we need new ones. The political process has failed. Capitalism has failed. Socialism has failed. Libertarianism has failed. Marx has […]

The New Oil Darwinism

Public Policy

It’s a geopolitical jungle out there in the oil world right now and only the fittest will survive. The new oil Darwinism is replacing the older thesis that all producers can succeed over time because the current lack of adequate capital investment is going to create an oil supply gap in the future that will […]

Kunstler: Buyer’s Remorse

Public Policy

The Narrative is dead! Long live The Narrative! That’s what played on CNN, NBC, and The New York Times yesterday as they struggled to digest the parting meal Robert Mueller served to the RussiaGate lynch mob: a nothingburger with a side of crow-flavored fries. Mr. Mueller was careful, though, to leave a nice red poison […]

Venezuela collapse: looting, hunger, blackouts

Public Policy

[ Venezuela is experiencing a double whammy of drought and low oil prices, which has lead to blackouts and inability to import food.  It just keeps getting worse and worse.  Related posts: Book review of “In order to live: A North Korean girl’s journey to freedom” by Yeonmi Park Inside North Korea’s Environmental Collapse Who […]

America’s Venezuela Strategy: Coup By Sheer Narrative Control

Public Policy

The Trump administration is working to overthrow the government of Venezuela. They are not at this time doing this by military invasion, nor by funneling thousands of armed militants into the country, nor even solely with starvation sanctions and CIA ops. The first and foremost means of overthrowing Venezuela’s government currently being utilized by the […]

Kunstler: Coercion Meets Its Match

Public Policy

Like the fabled spring zephyr came news that the Golden Golem of Greatness, (a.k.a. President Trump) signed an executive order that would withhold federal funding from colleges and universities that do not demonstrate support for free speech. It has been an amazement to behold the appalling, hypocritical suppression of the first amendment on campuses across […]

On The Anniversary Of The Iraq Invasion, Bush Press Secretary Claims Bush Didn’t Lie

Public Policy

On the sixteenth anniversary of the invasion of Iraq, as the US government threatens punitive action against International Criminal Court investigators for attempting to look into US war crimes, former George W Bush administration Press Secretary Ari Fleischer has decided to publish a Twitter thread claiming that Bush did not lie to the world about Iraq. […]

The Crisis in Venezuela

Public Policy

Alfred de Zayas at the Venezuelan Foreign Ministry. GENEVA, Mar 12 2019 (IPS) – My mission to Venezuela in November/December 2017 was the first by a UN rapporteur in 21 years. It was intended to open the door to the visit of other rapporteurs and to explore ways how to help the Venezuelan people overcome […]

U.S. presses India to stop buying oil from Venezuela’s Maduro

Public Policy

The United States is pressing India to stop buying oil from Venezuelan President Nicolas Maduro’s government, Washington’s top envoy for Venezuela said, as the Trump administration this week threatened more U.S. sanctions to cut off Maduro’s financial lifelines. FILE PHOTO: An oil pumpjack painted with the colors of the Venezuelan flag is seen in Lagunillas, […]

Mexican president does not ‘rule out’ Pemex listing in local market

Public Policy

Mexican President Andres Manuel Lopez Obrador said Wednesday he did not “rule out” a listing in the local market for oil company Pemex, including issuance of some form of financial instrument, but added such a move to attract new funds is not necessary. FILE PHOTO: A view of the headquarters of state owned oil company […]

Saudi, Indian Oil Ministers Meet On Saturday

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The oil ministers of Saudi Arabia and India will meet on Saturday, Reuters quoted India’s Oil Minister Dharmendra Pradhan as saying on Friday. Although the Indian minister did not go into specifics about the meeting, it’s probably safe to assume that Khalid al-Falih, the oil minister of OPEC’s biggest producer Saudi Arabia, and Pradhan, the […]

Trouble #11 Destroying Domination

Public Policy

Today, decades of hard-fought victories in the struggle for female emancipation are under threat from waves of resurgent misogyny. From attacks on abortion and reproductive justice, to the revival and spread of religious fundamentalism and authoritarian nationalism… patriarchy is on the march. Meanwhile, as the corporate media celebrates the #TimesUp movement initiated by rich women […]

US, China Close In on Trade Deal

Public Policy

China and the U.S. are in the final stage of completing a trade deal, with Beijing offering to lower tariffs and other restrictions on American farm, chemical, auto and other products and Washington considering removing most, if not all, sanctions levied against Chinese products since last year. The agreement is taking shape following February’s talks […]

Shocker: “Humanitarian Aid” Stunt Used To Escalate Against Venezuela

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So, you might want to sit down for this, but believe it or not it appears that the US government is using the fallout from its “humanitarian aid” performanceto justify further sanctions against the Venezuelan government. I know, I know. I’m just as shocked as you are. “This action, taken pursuant to Executive Order (E.O.) 13692, […]

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Brent Crude approaching $75. Are Fundamentals driving market enthusiasm and oil prices towards the anticipated OPEC $80 threshold for an increase in supply? Will the market regulate its reaction to sporadic high impact media releases? #oott #brentcrude #opec #peakoil #oil