The profit margins Big Oil requires are no longer to be made in Saudi Arabia but in Iran and Iraq. Once the US concludes a nuclear deal with Iran, Big Oil will see to it that it sticks, and Washington can turn its attention to the true cause of … [Read more...] about The Iran Deal Through an (Oil) Glass Darkly
Contributor: Chris Cook
The Oil Market Crossroad
Left: "The number one crude oil exporter, Saudi Arabia, has projected a $39 billion deficit in 2015. The impact of lower oil prices, along with the decision not to cut production, is putting pressure on the country’s finances." It is virtually … [Read more...] about The Oil Market Crossroad
Is Economic Inequality Behind Rising Global Jihad?
History has shown for millennia that grotesque disparities in wealth and power, and ownership of resources, are unsustainable in the long run. I see ISIS as merely the visible tip of a regional economically-based unrest based ultimately upon wealth … [Read more...] about Is Economic Inequality Behind Rising Global Jihad?
Financial Market Vulnerability: The Next Shoe to Drop?
The global financial crisis of 2007-08 did little to lessen the vulnerability of the U.S. financial markets, leaving it open to cyber attacks by individual or groups of criminals, terrorists or states. The "glitches" in High Frequency Trading (HFT) … [Read more...] about Financial Market Vulnerability: The Next Shoe to Drop?
A Contrarian View: Sticks And Carrots – Energy Co-Operation And Iran
Since the Iranian Revolution in 1979, the United States has periodically issued sanctions on trade with and weapons sales to Iran. In 1996, the Iran-Libya Sanctions Act (ILSA) extended the economic sanctions on Iran to curtail its nuclear program … [Read more...] about A Contrarian View: Sticks And Carrots – Energy Co-Operation And Iran