The Top-Secret Cold War Plan to Keep Soviet Hands Off Middle Eastern Oil

 Posted by on 2016-06-23 at 23:47  cia, cold war, energy, isis, oil, Politics, Reblog, russia  Comments Off on The Top-Secret Cold War Plan to Keep Soviet Hands Off Middle Eastern Oil
Jun 232016
 


On a cool summer day in London in 1951, an American CIA officer told three British oil executives about a top-secret U.S. government plan. The goal was to ravage the Middle East oil industry if the region were ever invaded by the Soviet Union.

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Why Oil Prices Will Rise and You Will Be Caught By Surprise

 Posted by on 2016-04-06 at 21:13  business, economic policy, economic theory, economics, Economy, energy, oil, Politics, Reblog  Comments Off on Why Oil Prices Will Rise and You Will Be Caught By Surprise
Apr 062016
 

I follow oil pretty closely given our exposure. As such, I get frustrated with many press and news show accounts of the commodity. It gets worse when the pundits and writers should know better.

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What Low Oil Prices Really Mean

 Posted by on 2016-03-28 at 14:48  business, economic policy, economics, Economy, energy, News, oil, Politics, Reblog  Comments Off on What Low Oil Prices Really Mean
Mar 282016
 

Since the start of 2016, oil prices have swung between $27 and $42 per barrel, about a quarter of the 2008 peak crude oil price of $145. On February 16, oil ministers from Saudi Arabia, Russia, Qatar, and Venezuela agreed to a tentative deal to freeze their production in an attempt to boost prices.

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Jul 302008
 

I was planning on doing an in depth article about why everything is getting more expensive. It’s a perfect storm of high oil prices, weak US Dollar, high food prices, weak economy and unsustainable wars waged by the United States. Its a fairly complex problem with a very real and simple outcome: Us average folks get screwed. We have to cope with high prices for everything, unemployment, and uncertainty about the future. Instead of doing the long article I was thinking about doing, watch this short video clip from GOOD Magazine about Oil Addiction. It does a decent job of quickly summarizing what is going on in the world to create all of this havoc.

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