Petroleum

By Michael T. Klare | ( Tomdispatch.com ) | – – Here’s the good news: wind power, solar power, and other renewable forms of energy are expanding far more quickly than anyone expected, ensuring that these systems will provide an ever-increasing share of our future energy supply. According to the most recent projections from the […]

Iraq War

Why you can’t explain the Iraq War without mentioning oil

contributors

By Bulent Gökay | (The Conversation) | – – Well before the US and UK led the invasion of Iraq, the two countries were under suspicion about their intentions for Iraq’s oil. When asked on February 6 2003 in a BBC Newsnight programme whether the war in Iraq was about oil, Tony Blair responded: Let […]

Fossil Fuels

Future of Petro-States Dim as Oil Prices sink and Teslas are on Horizon

contributors

By Michael T. Klare | (Tomdispatch.com) | – – Pity the poor petro-states. Once so wealthy from oil sales that they could finance wars, mega-projects, and domestic social peace simultaneously, some of them are now beset by internal strife or are on the brink of collapse as oil prices remain at ruinously low levels. Unlike […]

Fossil Fuels

The Collapse of the Old Oil Order

contributors

By Michael T. Klare | ( Tomdispatch.com) | – – Sunday, April 17th was the designated moment. The world’s leading oil producers were expected to bring fresh discipline to the chaotic petroleum market and spark a return to high prices. Meeting in Doha, the glittering capital of petroleum-rich Qatar, the oil ministers of the Organization […]

Featured

Reinventing Saudi Arabia after Oil: The Prince’s $2 Trillion Gamble

Juan Cole

By Juan Cole | (Informed Comment) | – – Prince Muhammad Bin Salman, 30, the deputy crown prince of Saudi Arabia laid out his vision for Saudi Arabia on Monday in a plan called “Vision 2030.” He wants to get Saudi Arabia off its oil dependence in only 4 years, by 2020, and wants to […]

Petroleum

Gas Prices to stay Low? Saudi-Iran Tensions Block Oil Output Freeze

contributors

TeleSur | – – Oil producing countries meeting in Doha failed to reach an agreement to freeze output. They may meet again in June. OPEC and non-OPEC producers on Sunday failed to reach a deal to freeze oil output, three oil industry sources told Reuters. Sources said OPEC producers had told non-OPEC members they needed […]

Climate Change

Is Exxon a James Bond Villain? Hiding from us its knowledge of Climate Change for Decades

contributors

Dena Takruri | (AJ+ Video Report) | – – “Melting ice caps, rising sea levels, global warming – Exxon was aware of the risks of climate change well before much of the world. Instead of taking action, they pushed hard against legislation that would have cut CO2 emissions, including the Kyoto Protocol.” AJ+: ” Exxon […]

Fossil Fuels

Oil Glut Blues and the last hurrah of the Fossil Fuel Bubble

contributors

Michael T. Klare | ( Tomdispatch.com) | – – Three and a half years ago, the International Energy Agency (IEA) triggered headlines around the world by predicting that the United States would overtake Saudi Arabia to become the world’s leading oil producer by 2020 and, together with Canada, would become a net exporter of oil […]

Acidification of Oceans

Great Barrier Reef Endangered: Ocean turning Acidic from our Our Coal, Oil, Gas emissions

contributors

By Mathieu Mongin, Andrew Lenton, Jennifer Skerratt & Mark Baird | (The Conversation) | – – Those of us who have been fortunate enough to have travelled to spectacular coral reefs marvel at their colour and biodiversity. At around 2,000 km long, the Great Barrier Reef is the largest coral reef system in the world. […]