Tag: Oil

Oil tanker attacked

Will The Real Bombers Please Stand Up

Who is attacking oil tankers in the Gulf between Oman and Iran? So far, the answer is still a mystery. The US, of course, accuses Iran. Iran says it’s the US or its local allies Saudi Arabia and the United Arab Emirates. Magnetic mines are blamed for the damage, though […]

Great Australian Bight

A Matter Of Independence: Equinor And Drilling The Great Australian Bight

Dollar signs flashed with seductive calling: oil exploration in the Great Australian Bight could see “more than 2,000 jobs in South Australia” while generating some $7 billion in average annual tax revenue for state and federal governments. A future indirect effect is also praised: between 2020 and 2060, additional activity and “associated tax revenue” would see the creation of 5,000 jobs.

U.S. to end imports of Iranian oil

Trump’s Crusaders March To War

Trump’s irrational quest to crush Iran could very well turn the rest of the world against Washington. But Trump & Co. don’t seem to care. Someone must tell Trump’s out of control administration to stop trying to overthrow governments it does not like around the globe and promoting itself as the Second Coming of Christ.

US Planing to Grab Venezuela’s Oil

There is a growing impression that Venezuela with its oil riches is the next country on the US hit list. One would have to be a hopeless idealist to believe that – after US crusades swept across Asian and African oil-producing countries – the Venezuelan oil deposits so far remaining […]