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In our previous article (Crisis of Capitalism? Two Missing “Black Swan” Events), we envisioned that the combined weak western and global economies coupled with the Coronavirus COVID-19 pandemic and, then crowned by the Saudi/Russian/UAE flooding of the oil market to crash prices and drive out the US Shale oil producers, could devastate the US and global economies. We Continue reading “Did OPEC Bite Off More Than It Can Chew?”
The present status quo of the world reflects neither calm nor confidence. It has become highly charged and the natural human hegemonic tendencies have kicked into high gear for the final battle between the ‘uni’ and ‘multi-polarists’. Continue reading “Crisis of Capitalism?”
Two camels met last week and struck a conversation as they chewed on the dried bushes that sparsely dot the desert. Continue reading “Keep the Gulf Safe! For Whom?”
What did the domino tile say to its neighbor?
“Don’t worry, it is happening far away!” and they both happily continued to stare at their ‘white dots’, ignoring the collapsing carnage down the line. Dominoes aren’t very smart; they are, after all, inanimate objects! Continue reading “Dominoes, Hegemonies and the Future of Humanity”
Once upon a time, there was lush jungle with an attached rich Savannah grassland. All the animals lived contentedly and daily ate their fill, especially the lions who, at the top of the food chain, could eat anything they fancied. Continue reading “The Lions’ Retirement Plan”
The Players Have Changed
US oil production is rapidly growing and has reached 11.2 million barrels per day in Nov 2018, is expected to reach 12.05 m/bpd next April and 12.29 m/bpd by year end 2019. The pipelines bottleneck Continue reading “The Oil Game Has Changed”
Not only are the current views contradictory but each is supported by arguments and evidence, which increases the confusion and frustration of anxious listeners worried about their economic future. Continue reading “Are Oil Prices Rising or Falling?”
History teaches that wars are inevitable. They are genetically ingrained into the human mind – as well as the rest of the Animal Kingdom. The use of violence and belligerence to get what one wants, starts as early as childhood among siblings, later on in the school yard and then progresses to become more innovative, nasty and evil right into ripe old age. Selfish “Want” is the source of all belligerence and, hence, wars. Continue reading “Do Treaties Eliminate Nuclear Wars?”
Daily Basket of News Commentary – Sep 26, 2018
Iran Oil Exports?
India might continue buying Iranian oil via a Rupee payment scheme. India consumes 4.7 Million bpd (approx. 5% of world oil production) and is expected to reach 10 million bpd in 2040. It is difficult to see India putting its economy in jeopardy and taking sides in an unrelated problem i.e. the US/Iran quarrel – especially since the Iranian oil is cheaper than the competition. Continue reading “Daily Basket of News Commentary – Sep 26, 2018”