Whenever Iran makes news, as it did last week in its alleged attack upon Saudi oil facilities, it tends to make bad news. Strangely, the worst news out of Iran — the Islamic Revolution that birthed all of that bad…
This weekend, the Houthi rebels in Yemen engaged in their favorite pastime of attacking Saudi Arabian oil and natural gas infrastructure. For the record, the Houthis are stooges of the Iranian regime and, like the Iranians, hate their Sunni Arab neighbors in…
Iran’s seizure, at sea, of the British-flagged Stena Impero could be a serious threat to world peace. Or not. Events that seem small and random at the time can have large and terrible consequences. Ask Archduke Franz Ferdinand. Or consider…
This past weekend, the Haitian government, headed by Prime Minister Jack Guy Lafontant, announced price spikes on oil products. The economic shock has rocked Haiti, inciting the worst riots since the coup d’état of the early 1990s. Haiti, the most impoverished country…
There are a couple of articles, one at the New York Times and the other at Reuters, which are required reading for anyone who isn’t aware of perhaps the greatest American economic victory in recent times. There was a War…
Some people continue to believe that we have a future filled with unicorns. Others persist in the belief that efficient renewable energy is just over the horizon. Joe Ryan of Bloomberg advanced that belief (energy, not unicorns) recently in an…
While on his way to report at the North Dakota protests, filmmaker and journalist Phelim McAleer and his companion were attacked Friday. He reports via Facebook: JOURNALISTS held hostage in their car by mob inside Dakota Access Pipeline protest campsite-…
At the end of September, the Organization of Petroleum Exporting Countries (OPEC) surprised the markets by agreeing to a production cut. As soon as the 14-nation deal was announced, oil prices jumped more than 5 percent to some of the…