Tag Archives: Saudi Arabia

USA: Afghanistan: In The End… Bin Laden Won – By Michael Moore – Opinion

 

He couldn’t have done it without us

BY: Michael Moore –

I decided to go and meet the Taliban in the spring of 1999, two years before the 9/11 attacks. Most of us, including me, didn’t know much about the Taliban back then, nor did we want to. A decade earlier, the CIA funded and trained Muslim rebels to kick the Soviets out of Afghanistan after ten years of occupation. That made America happy — the Soviet Union defeated! Humiliated!
Our pundits called it “their Vietnam!“ like we had actually learned a single damn lesson from Vietnam. As for what was left of Afghanistan, well, who friggin’ cared?

So in 1999, the Taliban landed on my radar. They had banned kite flying and made it illegal to watch TV, two of my favorite pastimes. What was wrong with these people? I decided to go and ask them.            Continue reading

Petroleum and crude oil – the future of oil production | DW Documentary Video

Published on Mar 17, 2019  —  [Online until: April 17, 2019]

The market for oil is volatile. The transition from petroleum to renewables is in full swing, and global demand for oil could fall faster than predicted. [Online until: April 17, 2019].

When the price of crude oil tumbled dramatically between 2014 and 2016, it heralded the demise of an economic and geopolitical world order in place since the end of World War II. In the last few decades, fracking technology has turned the US into the world’s largest oil producer. Against that backdrop, the move towards renewable energies and away from fossil resources is making dramatic steps forward. A study published back in September 2012 made headlines by predicting an imminent drop in oil prices.          Continue reading

The danger in what others wish for in Venezuela – By David Jessop

The View from Europe: The danger in what others wish for in Venezuela

David Jessop

February 16, 2018 – By David Jessop

A few days ago, the International Energy Agency reported that oil production in the US was undergoing extraordinary growth. The OECD-related body for net importers of oil said that the increase meant that US “production could equal global demand growth” largely because of its rapidly expanding shale output. This meant that US production would probably reach 11 million bpd by late 2018, outstripping Saudi Arabia and offsetting OPEC-led supply cuts aimed at increasing energy prices.      Continue reading

Trump Shows Realism Toward Iran – M K Bhadrakumar

Trump Shows Realism Toward Iran  –  M K Bhadrakumar | Indian Punchline4

The United States’ regional strategies in the Middle East face multiple challenges and it needs strong nerves and robust realism not to overreact. Importantly, the temptation to display ‘muscular’ diplomacy must be curbed.

Thus, the decision by the Trump administration on Monday July 17, to certify for the second time Iran’s compliance with the July 2015 nuclear deal signifies strategic maturity.

However, this judicious decision does not mean that the sea of troubles is receding. The media leak by the Washington Post, attributed to USA intelligence officials, exposing that the UAE had pre-planned the rift with Qatar, can only be seen as a display of Washington’s disenchantment with the ‘boycotting states’ (Saudi Arabia, UAE, Egypt and Bahrain) and a gentle warning to them not to exacerbate tensions.      Continue reading

“Forget Terrorism”: The Real Reason Behind The Qatar Crisis Is Natural Gas – By Tyler Durden

“Forget Terrorism”: The Real Reason Behind The Qatar Crisis Is Natural Gas

According to the official narrative, the reason for the latest Gulf crisis in which a coalition of Saudi-led states cut off diplomatic and economic ties with Qatar, is because – to everyone’s “stunned amazement” – Qatar was funding terrorists, and after Trump’s recent visit to Saudi Arabia in which he urged a crackdown on financial support of terrorism, and also following the FT’s report that Qatar has directly provided $1 billion in funding to Iran and al-Qaeda spinoffs, Saudi Arabia finally had had enough of its “rogue” neighbor, which in recent years had made ideologically unacceptable overtures toward both Shia Iran and Russia.

However, as often happens, the official narrative is traditionally a convenient smokescreen from the real underlying tensions.    Continue reading

Once a Messiah, Trump Could Turn Out to Be Israel Right’s Worst Nightmare – Analysis:

Analysis: Once a Messiah, Trump Could Turn Out to Be Israel Right’s Worst Nightmare

The U.S.A. president’s cordial phone conversation with Mahmoud Abbas shows the growing influence of Sunni states, led by Saudi Arabia.

Chemi Shalev | Haaretz

You don’t have to love Donald Trump to enjoy him sometimes. Over the weekend, Trump spoke to Palestinian President Mahmoud Abbas and upset – and if he didn’t, he should have upset – the entire Israeli right. A U.S.A. president who states his commitment to a “comprehensive agreement that would end the Israeli-Palestinian conflict” and who emphasizes “his personal belief that peace is possible and that the time has come to make a deal” is one who spells trouble for Jewish settlers and their champions.    Continue reading

The Oil Pricequake: Political Turmoil in a Time of Low Energy Prices

The Oil Pricequake: Political Turmoil in a Time of Low Energy Prices

As 2015 drew to a close, many in the global energy industry were praying that the price of oil would bounce back from the abyss, restoring the petroleum-centric world of the past half-century.  All evidence, however, points to a continuing depression in oil prices in 2016 — one that may, in fact, stretch into the 2020s and beyond.  Given the centrality of oil (and oil revenues) in the global power equation, this is bound to translate into a profound shakeup in the political order, with petroleum-producing states from Saudi Arabia to Russia losing both prominence and geopolitical clout.

To put things in perspective, it was not so long ago — in June 2014, to be exact — that Brent crude, the global benchmark for oil, was selling at $115 per barrel.  Energy analysts then generally assumed that the price of oil would remain well over $100 deep into the future, and might gradually rise to even more stratospheric levels.   Continue reading

Our Radical Islamic instigator – Saudi Arabia

middle east mapOur Radical Islamic BFF, Saudi Arabia

By Thomas L. Friedman  – New York Times

The Washington Post ran a story last week about some 200 retired generals and admirals who sent a letter to Congress “urging lawmakers to reject the Iran nuclear agreement, which they say threatens national security.” There are legitimate arguments for and against this deal, but there was one argument expressed in this story that was so dangerously wrongheaded about the real threats to America from the Middle East, it needs to be called out.

That argument was from Lt. Gen. Thomas McInerney, the retired former vice commander of U.S. Air Forces in Europe, who said of the nuclear accord: “What I don’t like about this is, the number one leading radical Islamic group in the world is the Iranians. They are purveyors of radical Islam throughout the region and throughout the world. And we are going to enable them to get nuclear weapons.”

Sorry, General, but the title greatest “purveyors of radical Islam” does not belong to the Iranians. Not even close. That belongs to our putative ally Saudi Arabia.   Continue reading

Top 10 Countries with the highest Proven Crude Oil Reserves

Top 10 Countries with the highest Proven Crude Oil Reserves

Venezuela - Crude Oil

Venezuela – Crude Oil

Business Insider- eholodny@businessinsider.com (Elena Holodny)2015-08-13

The world powers and Iran recently struck a deal to curb Iran’s nuclear program for at least 10 years in exchange for billions of dollars in relief from international sanctions. One of the most talked-about side effects of the deal is the reentry of Iranian crude on the global markets.

Interestingly, although Iran has a huge amount of oil, the Islamic republic doesn’t even make it into the top three when it comes to proven crude oil reserves.

Using the data provided by Barclays commodities analyst Michael Cohen, we put together a list of the 10 countries sitting on the greatest amounts of crude oil. Check the list here:-  Continue reading

The Global Drop in Oil Prices: Part 1 – Geopolitical consequences

Lower Oil Prices Carry Geopolitical Consequences

November 3, 2014 | Analysis by STRATFOR

The Global Drop in Oil Prices - Part 1Summary

Editor’s Note: The recent drop in global oil prices is affecting economies around the world. This series examines the reasons behind the falling prices and their effects on major energy consumers and producers. Part One discusses the structural changes in the oil market, particularly the growth in supply and the decline in demand.

Part Two will examine the countries likely to be most troubled by price drops, while Part Three will look at the countries likely to gain the most.

Since mid-June, the price of Brent crude oil has fallen by nearly 25 percent — going from a high of $115 to about $87 a barrel — and structural factors are causing concern among global oil producers that oil prices will remain near current levels through at least the end of 2015. This concern has caused several investment banks to slash their oil price outlooks for the immediate future. Stratfor believes that oil supplies will stay high as energy production in North America increases and OPEC countries remain hesitant or unable to cut production significantly. Moreover, in the short term, the Chinese economic slowdown and stagnant European economy will limit the potential for growth in oil demand. These factors could make it harder for global oil prices to rebound to their previous levels.   Continue reading