OilNOW News –
The Liza Unity FPSO, Guyana’s second oil production vessel.
Surging commodity prices and international sanctions levied against Russia following its invasion of Ukraine are expected to significantly depress global economic growth, says the International Energy Agency (IEA) in its March 2022 Oil Market Report (OMR).
The IEA said as a result of the Russia-Ukraine conflict it has revised down its forecast for world oil demand by 1.3 mb/d for 2Q22-4Q22, resulting in 950 kb/d slower growth for 2022 on average. Total demand is now projected at 99.7 mb/d in 2022, an increase of 2.1 mb/d from 2021. Continue reading
MLITARY: Weapons: Learning To Live With The Neutron Bomb – By Lucian K. Truscott IV
Neutron bomb – click to enlarge
New Times Magazine – By Lucian K. Truscott IV
They haven’t been called that since the 70’s and 80’s when they first entered what is euphemistically called the nuclear arsenal, but that doesn’t make them any less real. We’re talking about theater nuclear weapons, or tactical nuclear weapons, or battlefield nukes if you prefer, but they amount to the same thing:
Small nuclear weapons, usually mounted as warheads on short-range missiles, that can be used to destroy targets in the midst of a conventional war that is already under way.
Which targets, you might ask? Well, they were designed, back in the day, to knock out concentrations of enemy troops and tanks without doing too much damage to surrounding buildings and infrastructure. Continue reading →
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