Iranian Military Commander: No Oil For Israel's Supporters!
From Reuters:
An Iranian military commander called on Islamic countries to cut oil exports to Israel’s supporters in response to the Jewish state’s offensive in Gaza, the official IRNA news agency reported on Sunday.
Full Article
This is excellent news for Canada; It’s where both the U.S. and Israel get most of their oil. Maybe the rest of [...]
Barack Obama On "Price Signals" & "Bankrupting" The Coal Industry
The man who is probably the next President gives us a glimpse of the future, and it ain’t good.
Citizens For Energy Freedom Conference
If I had the funds to travel to Des Moines next month, I’d totally check this out. Click here for details.
Gas Problems: Exxon Benefits from Your Suffering
Oil Boom: Exxon Breaks Record for Profits by U.S. CompanyBy John Porretto
Exxon Mobil reported second-quarter earnings of $11.68 billion Thursday, the biggest quarterly profit ever by any U.S. corporation, but the results fell well short of Wall Street expectations and shares fell in premarket trading.
Article Continues… (ABC News)
If I was a conspiracy theorist, [...]
Israel, the U.S., and Oil
Israel must act alone against IranBy Aaron Klein
Any Israeli attack on Iran will not be aided by the U.S., according to an internal assessment by the Jordanian embassy in Washington obtained by WND.
“The U.S. policy on Iran is driven by economic concerns. Washington is worried about an explosion in oil prices [...]
The Pickens Plan
In addition to having the most Southern-sounding name I’ve heard in a while, T. Boon Pickens has an interesting plan for reducing our dependence on foreign oil:
NozzleRage: Attack of the Pump
NozzleRage.com
A depressing outlook on oil prices
Matt Simmons talks to the folks on CNBC:
I’m not sure where I stand on the whole “peak oil” thing, but I do think something needs to be done about these prices!
HT: The Oil Drum
OPEC Sides with Iran
OPEC chief warns of ‘unlimited’ oil prices if Iran is attackedBy James Kanter
The head of the Organization of Petroleum Exporting Countries warned Thursday that oil prices would see an “unlimited” increase in the case of a military conflict involving Iran, because the group’s members would be unable to make up the lost production.
Article Continues… (International [...]
Canada to become next OPEC
By Jerome R. Corsi
The United States’ oil dependence on Canada, already America’s largest supplier, is about to grow under a plan to build a new pipeline to transport oil from the tar sands of Alberta into the central part of the nation.
TransCanada Corporation, a public company traded on the New York Stock Exchange, has announced [...]
