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Tag: Oil

Bush
blogs.trb.com

Bush Passes the Buck

Why is it that the U.S. economy is on a serious downswing? Could it be that we’re in the midst of a super-expensive war with little sign of scaling down in the near future that has jacked up oil prices to new heights and strained the federal budget? According to Bush, he’d have worked out our economic woes if it weren’t for those meddling congressional Democrats.

Posted on Apr 29, 2008 READ MORE


Bush
boston.com

Bush Ready to Stimulate America

President Bush announced that rebate checks will start winging their way to taxpayers as early as Monday, helpfully observing that Americans need a little help paying for necessities like groceries and gas during this economic “slowdown”—a slightly different story from his initial justification for this economic stimulus plan, and one that wasn’t lost on his critics.

Posted on Apr 25, 2008 READ MORE


U.S. Embassy Construction
MCT / Hussein Ali

The Imperial Palace of Iraq

Nothing says permanent U.S. occupation of Iraq more than the construction of the largest embassy in the world, a $474-million compound with 27 different buildings, 619 apartments and an Olympic-size swimming pool—all, of course, for a country with 26.7 million people and 115 billion barrels of proven oil reserves.

Posted on Apr 18, 2008 READ MORE


Pope at the Pump

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Posted on Apr 16, 2008 READ MORE


¿Zapping Zapata?

Mexican President Felipe Calderon released his plans Wednesday to give greater autonomy to the country’s nationalized oil monopoly PEMEX, a move criticized as privatizing the industry that constitutes 40 percent of federal income. With domestic oil production falling for the past six years, Calderon has had to negotiate his pro-business politics amid steadfast public opinion against denationalization.

Posted on Apr 9, 2008 READ MORE


Confessions of an Economic Hit Man

The real John McCain is re-emerging: a politician who rakes in big bucks by being a hired gun for the corporations.

Posted on Apr 3, 2008 READ MORE


Consider Iraq Defined

Quite a “defining moment” in Iraq, wasn’t it? At this rate, John McCain is going to be proved right: The war will last a century.

Posted on Mar 31, 2008 READ MORE


Basra offensive
AP photo / Nabil al-Jurani

Iraqi Troops Step Up Fighting in Basra

Iraqi forces on Tuesday launched an offensive targeting Shiite militia groups in the southern city of Basra, where at least 30 deaths are reported to have occurred in the operation, as well as in other regions of the country.

Posted on Mar 25, 2008 READ MORE


The Race to Captain a Sinking Ship

The Democratic presidential candidates squabble over real or imagined racial sensitivities, the Republican presidential candidate stages photo opportunities with the troops in Iraq, and meanwhile the financial system is coming apart at the seams.

Posted on Mar 18, 2008 READ MORE


Ahmed Chalabi
AP photo / Hadi Mizban

Dinner With Ahmed

As we approach the fifth anniversary of the invasion and occupation of Iraq, I find myself thinking back on how we got ourselves into this predicament. ... As I examine where we are today and contemplate our future and those who are positioning themselves to play a role in Iraq, it seems to me that there is at least one such incident, a dinner party I attended at the home of Ahmed Chalabi in June 1998 that is worthy of a more public illumination.

Posted on Mar 17, 2008 READ MORE


Up for a Debate

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Posted on Mar 13, 2008 READ MORE


The Price of Oil

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Posted on Feb 27, 2008 READ MORE


oil tanker
flickr.com

Aboard the Condoleezza Rice

Whadda you mean “we,” Mr. TV Pundit? When you say “we” are doing better in Iraq or, even more absurd, that “we” were right to invade that country in the first place, are you putting Joe Blow American in the same bag as the top officers of Exxon, which made $40.6 billion in profit last year?

Posted on Feb 12, 2008 READ MORE


Spielberg
poptower.com

Spielberg Quits Olympics Post in Protest of China

Director Steven Spielberg was an artistic adviser to the 2008 Beijing Olympics but has resigned because of China’s unwillingness to put more pressure on the Sudanese government to bring an end to the humanitarian crisis in Darfur. As he put it, “I find that my conscience will not allow me to continue business as usual.”

Posted on Feb 12, 2008 READ MORE


Putin
bfs-zh.ch

Putin and the New ‘Arms Race’

Vladimir Putin isn’t taking the expansion of NATO and a planned missile shield lightly. The Russian president told his people: “It is already clear that a new phase in the arms race is unfolding in the world. ... It is not our fault, because we did not start it.” Flush with oil money, Russia is planning to beef up and flaunt its military capabilities in response.

Posted on Feb 8, 2008 READ MORE


Oil

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Posted on Jan 22, 2008 READ MORE


Bush’s Tragic Dream World

As a bomb exploded in Beirut and Israel killed 19 people in Gaza raids, President Bush took his Middle East peace mission to Saudi Arabia (and signed off on a $20-billion arms deal with the repressive Saudi regime), a calamitous juxtaposition of events that wasn’t lost on Robert Fisk, even if it escaped Bush’s notice.

Posted on Jan 18, 2008 READ MORE


Daily Show

‘Daily Show’: Bush Channels Woody Allen in Saudi Arabia

Jon Stewart just might be onto something with his analysis of how oil-pricing fluctuations happen—just watch as President Bush (doing his best impression of a certain notoriously neurotic New Yorker), perhaps aware of his diminishing bargaining power in the twilight months of his presidency, bravely speaks on behalf of American oil consumers during his recent Mideast sojourn. 

Posted on Jan 18, 2008 READ MORE


Climbing Out of the Oil Ditch

After a generation of self-indulgence, America is very close to taking a big step away from foreign oil and all of the environmental and security problems we’ve come to associate with that phrase. Now, if we can just keep the energy industry at bay… .

Posted on Dec 11, 2007 READ MORE


Take the Cost of the War and Double It

According to the calculations of congressional Democrats, the wars in Iraq and Afghanistan have already cost about $1.5 trillion. That’s nearly double the (already staggering) $804 billion that’s been appropriated or requested. Lawmakers arrived at the revised estimate by considering larger economic factors, including interest on debt and health care costs for wounded veterans.

Posted on Nov 13, 2007 READ MORE


Kott
AP photo / Al Grillo

Corruption Scandal Rocks Alaska Politics

The federal corruption probe that first blew the lid off the Alaskan political scene a year ago with the discovery of $32,200 in cash stashed away in the home of Republican Pete Kott, former speaker of the Alaskan House of Representatives, has since spread like an oil slick, leaving precious few prominent lawmakers unstained.

Posted on Nov 12, 2007 READ MORE


king and queen

Oil Is King

The Mosaic Intelligence Report investigates who is benefiting from record oil prices and whether there’s more to the Saudi king’s European tour than meets the eye.

Posted on Nov 11, 2007 READ MORE


San Francisco Bay
AP photo / Eric Risberg

Emergency in San Francisco Bay

On Friday, a full two days after a container ship rammed into San Francisco’s Bay Bridge and began spilling oil into the bay, Coast Guard authorities were doing damage control on their own behalf as the slick continued to spread.

Posted on Nov 9, 2007 READ MORE


Cheney
AP photo / Caleb Jones

Cheney:  ‘We Will Not Allow Iran’ to Get Nukes

Adding fuel to the fire from President Bush’s “World War III” comment about the threat a nuclear-equipped Iran would pose to the world, Vice President Dick Cheney said on Sunday that the U.S. and like-minded nations “will not allow Iran to have a nuclear weapon.”  However, Cheney was less than clear about exactly how this nuke-thwarting process might take place.

Posted on Oct 22, 2007 READ MORE


Al Gore and the Blue Sky Theory

Funnyman Durst sends up the absurd criticism of Al Gore and the Nobel Prize.  Why stop at global warming when there’s plenty in the world of science and nature to deny?

Posted on Oct 21, 2007 READ MORE


The Senate’s Strange Double Standard

For an object lesson in the distorted values of the Senate, contrast how it is handling the Larry Craig case with how it is handling the Ted Stevens case.

Posted on Oct 17, 2007 READ MORE


Flags
abc.net.au

UK Joins Grab for Polar Territories

While Russia is leading the race to claim the North Pole for itself, Britain has decided to expand its territory on the other end of the world, in Antarctica. The British Foreign Office says it has no immediate plans for the additional 1,000 square miles of seabed, but simply wishes to “safeguard for the future.”

Posted on Oct 17, 2007 READ MORE


Hugo Chavez
AP Photo / Victor R. Caivano

Marc Cooper on Hugo Chavez

A former translator for Chile’s Salvador Allende reviews three books evaluating the remarkable rise of Venezuela’s irrepressible Hugo Chavez.

Posted on Oct 11, 2007 READ MORE


Jet fighter
AP photo / LM Otero

Inside the Military-Industrial Complex

Former Assistant Secretary of Defense Philip Coyle knows a thing or two about the “staggering” amounts of money the U.S. funnels into the military-industrial complex, and why it is so difficult to stanch the profiteering.

Posted on Oct 10, 2007 READ MORE


John J. Mearsheimer and Stephen M. Walt
israellobbybook.com

Breaking the Taboo: Why We Took On the Israel Lobby

The editor of the provocative new bestseller by John J. Mearsheimer and Stephen M. Walt asks the authors (pictured above) whether their book is good for the Jews and good for America. 

Posted on Oct 4, 2007 READ MORE


Chevron’s Pipeline Is the Burmese Regime’s Lifeline

The barbarous military regime depends on revenue from the nation’s gas reserves and partners such as Chevron to buy bullets for the guns it points at monks, a detail conveniently ignored by the Bush administration.

Posted on Oct 2, 2007 READ MORE


revOILution

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Posted on Sep 21, 2007 READ MORE


Arctic Land Grab Update: Russia Claims Victory

Russian officials say they have proof to back up Moscow’s claim to the north pole—and nearly half a million square miles of neutral Arctic territory—but don’t expect Denmark, Canada and the U.S. to go down without a fight. It’s all part of a nakedly opportunistic attempt to cash in on energy resources made available by global warming and melting ice caps.

Posted on Sep 20, 2007 READ MORE


Coming Apart at the Seams

Gen. David Petraeus likes to describe the Iraq he envisions as a patchwork quilt. You establish security in a neighborhood over here, bring peace to a village over there, create more and more of these scraps of relative tranquility—and then stitch the heterogeneous pieces together. The problem is with the seams. They have a tendency to unravel.

Posted on Sep 14, 2007 READ MORE


Not So Fast, Putin

For years the North Pole has been considered international territory, and that seemed to suit everyone just fine until global warming came along, making it theoretically easier to extract oil and gas from the region. The Russians kicked off the land grab by planting an underwater flag, and now Denmark is launching a similar expedition. Canada, Norway and the U.S. also have territory disputes in the Arctic.

Posted on Aug 10, 2007 READ MORE


House Gets Busy Over the Weekend

A flurry of legislative activity over the weekend left a mixed bag of progress and surrender. While the House voted to require clean-energy standards for the first time and cut oil industry tax breaks, enough Democrats caved to the White House to pass the president’s preferred FISA rule changes.

Posted on Aug 5, 2007 READ MORE


minisub
AP Photo / RTR Channel

Russian Flag on North Pole Seabed

Although Canada and the U.S., among other nations, are disputing Russia’s claim to vast territory in the Arctic, Russia has planted its flag on the ocean floor at the North Pole.  Why does it matter?  Well, some 25 percent of the Earth’s oil reserves might be at stake.

Posted on Aug 2, 2007 READ MORE


arctic
news.bbc.co.uk

Russia Claims Much of Arctic

Russia is launching an underwater expedition to the North Pole in order to back up its claim to a massive section of the Arctic, which may contain vast energy reserves. “The Arctic is ours and we should demonstrate our presence,” said a Russian parliamentarian and explorer who will participate in the flag-planting expedition.

Posted on Jul 24, 2007 READ MORE


Halliburton Profits Spike on Spinoff of Subsidiary

Thanks in part to executives’ decision to unload the trouble-prone offshoot KBR in April, multinational corporation (and Dick Cheney’s former employer) Halliburton more than doubled its profits during the three-month period ending June 30, according to the BBC.

Posted on Jul 23, 2007 READ MORE


north korea nukes
AP Photo / Yonhap

North Korea Shuts Down a Nuclear Reactor

Score one for diplomacy:  North Korea is toeing the line and following the dictates of a deal struck with the U.N. in February to shut down one of its nuclear reactors in exchange for heavy fuel oil, according to the BBC.

Posted on Jul 14, 2007 READ MORE


gore vidal
Truthdig/Zuade Kaufman

Gore Vidal Sounds Off on Solar Power Caper

Note to public utility companies:  Do not cross Gore Vidal.  What began as a personal nuisance—the shutdown of his newly installed home solar power system by Los Angeles’ water and power provider—has become emblematic of a bigger issue (or two) for the venerable writer, who states his position in no uncertain terms in this interview.

Posted on Jul 6, 2007 READ MORE


gas riot
AP photo

Gas Riots in Iran

You wouldn’t think one of the world’s biggest oil producers would have gasoline shortages, but Iran simply lacks the refining capacity to meet demand. A new rationing system meant to keep costs down has sparked riots. Under the new rules, prices have soared to 38 cents a gallon.

Posted on Jun 27, 2007 READ MORE


The Pentagon vs. Peak Oil

What if wars of the future are fought just to run the machines that fight them?  That’s just the alarmingly ironic point that Klare, author of “Blood and Oil,” takes on in this essay, sizing up the Pentagon’s huge energy expenditure—which will only increase exponentially if America’s imperialist globe-trotting continues.  Note:  Originally posted on TomDispatch.

Posted on Jun 15, 2007 READ MORE


A Pompous Circumstance

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Posted on May 30, 2007 READ MORE


dennis
kucinich.us

Kucinich on ‘The Truth About Oil and Iraq’

Congressman Dennis Kucinich commandeered the House floor for an hour Wednesday to discuss “in detail the Congressional and White House efforts to privatize the oil of Iraq.”  Before he spoke, he announced the speech in a public e-mail.  The talk is excerpted here.

Posted on May 23, 2007 READ MORE


Cheney’s Fightin’ Words For Iran

Vice President Dick Cheney made the symbolic move of delivering a warning to Iran while aboard a nearby U.S. aircraft carrier in the Persian Gulf.  Cheney said the U.S. would use military force if necessary to prevent Iran from interfering with oil trade or “gaining nuclear weapons and dominating this region.”

Posted on May 12, 2007 READ MORE


U.S. and Iran Vie for Gulf Allies

The Gulf nations of the Mideast have long been allies of the U.S. and Vice President Dick Cheney has been dispatched to make sure that doesn’t change, but Iranian President Mahmoud Ahmadinejad is also visiting the region in an attempt to win over disgruntled governments. Mustafa Alani, a regional analyst, sums up how the Gulf is handling all the attention: “We have a deep mistrust of both sides.”

Posted on May 10, 2007 READ MORE


A Shining Light Goes Out in Africa

All 114 on board were killed in the crash of Kenyan Airlines Flight 507, including Anthony Mitchell, a brave journalist who risked his life to shine a light on often ignored Africa. Shortly before his death, Mitchell had revealed America’s use of secret Ethiopian prisons.

Posted on May 8, 2007 READ MORE


Saudis Arrest 172 in Anti-Terror Sweep

Saudi Arabian authorities say they have captured 172 militants who were planning a series of attacks around the country. The royal family began a more aggressive approach toward extremists, which it calls a “deviant group,” four years ago after attacks targeted the nation’s oil industry.

Posted on Apr 27, 2007 READ MORE


Ahmadinejad
news.bbc.co.uk

Iran’s Trump Card

Evidence of Iran’s influence over the global economy appeared Wednesday as the oil-rich nation agreed to release 15 British captives and petroleum prices consequently fell. If a relatively minor diplomatic dispute can perturb investors, imagine how invading or bombing Iran would affect global markets.

Posted on Apr 4, 2007 READ MORE


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