Tag: Oil

Energy poker

Sharper’s Victims In The Energy Poker

The long-suffering negotiations on enforcing price caps for Russian oil have stalled. The EU, in conjunction with the G7, is discussing a price cap of $65-70 per barrel, which is even higher than the current quotations of the Russian Urals crude. But the greed of European states has traditionally played […]

Salman and Biden

OPEC’s Body Blow To Biden Presidency

The Biden Administration is swiftly establishing a narrative that the recent OPEC decision to cut oil production by two million tonnes is a geopolitical “aligning” by Saudi Arabia and Russia. It taps into the Russophobia in the Beltway and deflects attention from the humiliating defeat of President Biden’s personal diplomacy […]

US convoy

How U.S. Government Steals From Other Countries

The American Government explains its thefts from other countries as being justifiable because the U.S. Government has slapped sanctions upon those countries, and because these sanctions authorize the U.S. Government to steal whatever it wants to steal, from them, that it can grab. Here are just a few such examples: […]

Orban

EU Stumbles Over Russian Oil Slick

The European Union officials are insisting that oil sanctions against Russia are coming. On Sunday, France’s Ecological Transition Minister Barbara Pompili was certain that “we will reach (an agreement) by the end of the week.” But the Organisation of Petroleum Exporting Countries (OPEC)  has warned EU that it would be […]

OPEC

Oil Price Stalks Another Superpower

In the geopolitical folklore, Afghanistan is supposed to have caused the end of the Soviet Union but in reality, the war wouldn’t have been a “bleeding wound” by 1989 had it not been for the precipitous fall in the Soviet income from oil exports. The expert opinion is today that […]

Big Oil

The Insurgency Against Big Oil

While Australian politicians languish in a world blotched by climate change scepticism and fossil fuel love-ins, global oil and gas companies have been shaken.  Three titans of oil fame – Shell, ExxonMobil and Chevron – faced a range of decisions in May that promise to dramatically shape their future operations.  […]