The curse of oil wealth is a well-known phenomenon in Third World petro-states where millions of lives are wasted in poverty and the environment is ravaged, while tiny elites rake in the energy dollars and corruption rules the land. Recently, North America has been repeatedly hailed as the...
US' Double Standards
Once again the United States is trying to throw its weight around and impose its unilateral vision on other countries.
The US imposed tough new sanctions at the turn of the year, aimed at preventing other countries from importing Iranian oil and conducting transactions...
Future of Natural Gas Pipelineistan & Putin Role
It was Putin who almost single-handedly spearheaded the resurgence of Russia as a mega energy superpower (oil and gas accounts for two-thirds of Russia's exports, half of the federal budget and 20% of gross domestic product). So expect...
Welcome to an edgy world where a single incident at an energy chokepoint could set a region aflame, provoking bloody encounters, boosting oil prices, and putting the global economy at risk. With energy demand on the rise and sources of supply dwindling, we are, in fact, entering a new epoch --...
The rise in gas prices has almost nothing to do with energy policy. It has everything to do with Americas continuing failure to adequately regulate Wall Street.
As Ive noted before, oil supplies arent being squeezed. Over 80 percent of Americas energy needs are now being satisfied by...
Future of Natural Gas Pipelineistan & Putin Role
It was Putin who almost single-handedly spearheaded the resurgence of Russia as a mega energy superpower (oil and gas accounts for two-thirds of Russia's exports, half of the federal budget and 20% of gross domestic product). So expect...
The Belgium-based company that facilitates most international bank transfers on Thursday took the unprecedented step of blocking 30 Iranian banks from using its service. The move is likely to hurt Iran's all-important oil industry and make it difficult for citizens to receive money from...
In the wake of recent increase of incidents of sectarian violence in Pakistan, the American Shia Muslims urge the government of Pakistan to provide protection to the Mourners of Imam Hussain(as) and hold accountable those responsible for targeted killings.
The targeted killings of Shia are a...
The Friends of Syria are a gang of political criminals, gathered in Tunisia to plan the latest in a series of destabilization campaigns that have all ended in colonial wars of aggression.
Officials from 80 nations are traveling to Tunis, headed by the United States, which has waged half a...
The recent announcement by the Qatari Prime Minister Sheikh Hamad bin Jassim al-Thani about Qatars readiness to arm the Syrian opposition puts the situation in the region in an entirely new context. Obviously, the Rubicon has been crossed and the monarchies of the Persian Gulf have opted for...