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Kunstler: Sedition in Real Time

Public Policy

It is a wonder of these incendiary times that even as impeachment of a president moves to its ripest phase, trial in the Senate, the acts of sedition that prompted it still go on behind the scenes with no intervention — an epic failure of authority, if there ever was one. And further irony, if […]


So The US Is Invading Iraq Again

Public Policy

So the US has decided to become an invading, occupying force in Iraq again. It won’t be as exciting as last time. There will be no “shock and awe” invasion tactics this time. The invaders won’t even have to enter the country, because they’re already there. It will be a very boring, underwhelming sequel that […]


A Potential War with Iran—and Other Geopolitical Events—Just Don’t Bounce Oil Prices Like They Used To

Public Policy

It’s been the steady drumbeat that has defined the oil market over the last two years. As tensions have mounted between Iran and the U.S., each development—from renewed sanctions to saber-rattling to the threat of outright war—has brought the question: how much are oil prices going to rise? There are historical reasons for this: conflicts […]


“We Do Not Seek War,” Says President Who Just Started A War

Public Policy

President Trump has been steadfastly assuring the world that the United States government does not wish to start the war it has already started by assassinating Iran’s top general. “We are a peace-loving nation and my administration remains firmly committed to establishing peace and harmony among the nations in the world,” Trump said in a […]


CFR President Says “The World Will be the Battlefield” After Iran Escalatio

CFR President Says “The World Will be the Battlefield” After Iran Escalatio thumbnail

The President of the Council on Foreign Relations Richard N. Haass says that “the world will be the battlefield” following a dramatic escalation in tensions between the United States and Iran. Fears of a wider war are rising after Iran’s Quds Force General Qasem Soleimani was killed during an airstrike near Baghdad’s airport. Haass warned […]


Oil Prices Up After US Drone Strike

Public Policy

West Texas Intermediate (WTI) and Brent crude oil futures posted strong gains Friday as the oil market digested news about heightened tensions between the United States and Iran. The February WTI contract gained $1.87 Friday, settling at $63.05 per barrel. The benchmark peaked at $64.09 and bottomed out at $61.13. Compared to the Dec. 27, […]


US Drone Airstrikes Kill Six Pro-Iran Militia Commanders

US Drone Airstrikes Kill Six Pro-Iran Militia Commanders thumbnail

Whether he is eating ice cream or not, Trump appears to be on a rampage to recreate the end of The Godfather. Less than 24 hours after a US drone shockingly killed the top Iranian military leader, Qasem Soleimani, resulting in equity markets groaning around the globe in fear over Iranian reprisals (and potentially, World […]


Kunstler: Christmas in Flyover Land

Public Policy

Last year, a local guy started renovating a restaurant on Main Street that has been shuttered for at least fifteen years. He’d retired from the army and started a company that made a fortune clearing landmines in faraway lands where US nation-building plans went awry. Wasn’t that a ripe business opportunity! He’s from here and […]


Is ‘Decarbonization’ a Fool’s Errand?

Public Policy

The great fossil fuel hysteria of 2019 is remarkable as much for the rapidity with which the fervor has swept the landscape as for the long-term consequences it promises to wreak. Popular madnesses with a financial twist are nothing new, dating back to the era of tulip-bulb mania. This region, in its short history, has […]


Blowout: Another Side of the Deepwater Horizon Story

Blowout: Another Side of the Deepwater Horizon Story thumbnail

In November 2012 Bob Kaluza was in Houston meeting with the defense lawyers that his employer, the British oil giant BP, had hired on his behalf. Two and a half years earlier, Kaluza had been one of two BP supervisors on the Deepwater Horizon oil rig the night it exploded, and he was worried that […]


Russian Gas Mega-Pipeline To China Goes Online As Putin & Xi Hail Closer Ties

Russian Gas Mega-Pipeline To China Goes Online As Putin & Xi Hail Closer Ties thumbnail

Late Monday Chinese President Xi Jinping and Russia’s Vladimir Putin jointly launched the major unprecedented cooperative project that had been years in the making called the ‘Power of Siberia’ gas pipeline. The China-Russia east-route pipeline is now providing China with Russian natural gas, which according to Chinese state media is expected to reach 5 billion cubic meters in 2020 and increase […]


‘I kept the oil’: Donald Trump defends U.S. withdrawal

‘I kept the oil’: Donald Trump defends U.S. withdrawal thumbnail

President Donald Trump defended his policy on Turkey as the NATO ally faces scrutiny from member nations – and repeated his assertion that he ‘kept the oil’ inside Syrian territory. The president proclaimed: ‘We can do with the oil that we want’ – although the Pentagon said last month that Syrian Democratic Forces were getting […]


Brouillette Takes Over as Energy Secretary

Brouillette Takes Over as Energy Secretary thumbnail

The U.S. Senate on Dec. 2 confirmed Dan Brouillette as the new Secretary of Energy, tapping the former lobbyist for Ford Motor Company to replace Rick Perry, the former Texas governor who stepped down as Department of Energy (DOE) chief after becoming part of the impeachment inquiry into President Trump. Perry’s tenure was marked by […]


Brexit and Peak Oil

Public Policy

Authored by Haley Zaremba via OilPrice.com, The uncertainty of the future of Brexit has left the United Kingdom’s economy in stagnation as business investment falters on the eve of the nation’s December general election. While Boris Johnson tries to rally voters to instill their confidence in him to usher in a new era of economic prosperity […]


Furious China Shadows Two US Warships Sailing Through Disputed Waters, Warns Them To Leave

Furious China Shadows Two US Warships Sailing Through Disputed Waters, Warns Them To Leave thumbnail

China is again furious after the US sailed several warships through the heavily disputed waters in the South China Sea, military sources told Reuters.  The move by the US has escalated tensions between both countries, already tense as the latest round of trade talks have fallen apart, and the signing of the phase one trade deal […]


Israel Carries Out ‘Wide-scale’ Strikes on Iranian Targets

Israel Carries Out ‘Wide-scale’ Strikes on Iranian Targets thumbnail

Jerusalem — The Israeli military said it struck dozens of Iranian targets in Syria on Wednesday, carrying out a “wide-scale” strike in response to rocket fire on the Israeli-controlled Golan Heights the day before. A Britain-based war monitoring group said the Israeli airstrikes killed 11 people, including seven non-Syrians who were most likely Iranians. Syrian state […]


Enter the Old White Knight

Enter the Old White Knight thumbnail

They say he has beheld the weenies of the field and found them wanting — no, dangerously feeble, limp, insipid, deluded unto a kind of hebephrenia — and now, just maybe, Michael “Mike” Bloomberg will don the old steel breastplate and Kevlar jockstrap, take up the lance, and sally forth in a Lincoln Navigator to […]


Exposing The Plan For A Global Dystopia

Exposing The Plan For A Global Dystopia thumbnail

Global policy planners intend to deliver replacements for both dollar hegemony and fossil fuels. Plans may appear uncoordinated and in their early stages, but these issues are becoming increasingly linked. A monetary reset incorporating state-sponsored cryptocurrencies will enable exchange controls to be introduced between nations by separating cross-border trade payments from domestic money circulation. The […]


s a new Arab Spring unfolding in the Middle East?

s a new Arab Spring unfolding in the Middle East? thumbnail

As the last of the Middle Eastern summer fades away, is the region slipping into a new Arab spring? In Iraq, demonstrators are being shot dead in the streets. In Lebanon, protesters have paralysed the country and seem set to bring down the government of Prime Minister Saad al-Hariri. In recent weeks the Egyptian security […]


‘Mission creep’: US to block Russian, Syrian forces from vast oil fields

‘Mission creep’: US to block Russian, Syrian forces from vast oil fields thumbnail

The U.S. mission in Syria has morphed far beyond counterterrorism operations and now puts American forces in a position where they could battle Russian troops for control of Syrian oil. A day after President Trump announced a successful raid that resulted in the death of Islamic State leader Abu Bakr al-Baghdadi, Pentagon officials said the […]


Renewed protests challenge Iraqi government as death toll rises

Renewed protests challenge Iraqi government as death toll rises thumbnail

Iraqi Prime Minister Adil Abd al-Mahdi’s year-old government hung on to power Friday, as mass protests over corruption, unemployment, and poor services — and a heavy-handed government response to recent demonstrations — brought parts of Baghdad and southern Iraq to a standstill. The Iraq Human Rights Commission said late Friday that at least 30 people […]


“We Want To Keep The Oil”

“We Want To Keep The Oil” thumbnail

“Well you may throw your rock and hide your hand, workin’ in the dark against your fellow man. But as sure as God made black and white what’s down in the dark will be brought to the light.” ~ Johnny Cash/traditional, ‘God’s Gonna Cut You Down’ The Grayzone has an excellent new article out titled […]


Pentagon readying plan to contain Islamic State, safeguard oil

Public Policy

U.S. military leaders are preparing a plan that could keep Islamic State fighters from regaining a foothold in Syria, while preventing Syrian oil from falling into the hands of Iran or the militant group, a Republican senator said on Thursday. “There’s a plan coming together from the Joint Chiefs that I think may work, that […]


Washington Thwarts Maduro’s Devious Oil Debt Scheme

Public Policy

The U.S. Treasury is blocking for 90 days creditors from seizing shares in Venezuela’s U.S. subsidiary Citgo, temporarily shielding the prized Venezuelan asset in a win for Venezuela’s opposition and its leader Juan Guaidó. Venezuela’s state oil firm PDVSA must make a payment of US$913 million on a 2020 bond on Monday, October 28, but […]


6 Warning Signs That Civil Unrest Is Imminent

6 Warning Signs That Civil Unrest Is Imminent thumbnail

This week has been “interesting” in South America. Interesting, indeed, but as in the ancient Chinese curse style. For those of us in this side of the hemisphere, having been able to witness first-hand, in the front line, how the very same plot that made us get the heck out of our country, is unleashing a vendetta […]


Greta Thunberg’s climate change rally is crashed by counter-protest led by truck convoy of oil and gas workers in Canada

Greta Thunberg’s climate change rally is crashed by counter-protest led by truck convoy of oil and gas workers in Canada thumbnail

Greta Thunberg joined thousands of protesters marching in Canada‘s energy heartland Alberta yesterday as a smaller counter-rally led by a truck convoy of oil and gas workers also converged on the provincial capital Edmonton. A crowd of several thousand led by indigenous drummers with students, young people and families marched slowly from a downtown intersection […]


Our Economy Is Broken. Here’s How to Fix It.

Public Policy

Last week at the UN Headquarters in New York, experts, ministers, civil servants and development workers gathered from around the world to discuss sustainable development. But they weren’t the only ones who were mobilising. For the last year or so, young people have been marching in their thousands – their hundreds of thousands – to […]


violent clashes hit Chile, Hong Kong, Lebanon and Barcelona

violent clashes hit Chile, Hong Kong, Lebanon and Barcelona thumbnail

Here’s the latest in each of the country’s affected by unrest Riot police fire tear gas to disperse demonstrators during a protest targeting the government over an economic crisis, near the government palace in Beirut, Lebanon October 18, 2019. Reuters Protests have broken out in several countries across the world, with citizens unhappy for different […]


Chile declares state of emergency amid student riots

Chile declares state of emergency amid student riots thumbnail

Protests and rioting have intensified in Santiago, where students are opposing a hike in the price of subway fares. Authorities enacted a state of emergency after a night of vandalism and violence. Chilean President Sebastian Pinera declared a state of emergency in parts of Santiago early Saturday morning after protesters started fires at subway stations […]


U.S. Department of Transportation Proposes Major Rule for the Safe Transportation of Liquefied Natural Gas by Rail Tank Car

Public Policy

Today, the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA), in coordination with the Federal Railroad Administration (FRA), announced that it is publishing a notice of proposed rulemaking (NPRM) regarding the transportation of liquefied natural gas (LNG).  The proposed rule will seek comment on changes to the Hazardous Materials Regulations (HMR) to […]


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