What the mainstream media never told you about the Iraq war…
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From the category archives:
One of the more sensitive, and therefore veiled, aspects of the petrodollar system is how it has impacted America’s relations with the Middle East. In life, everything boils down to incentives. If we are hoping to grasp how the world around us works, we must understand that behind every decision lies an incentive. Let’s see what role the power of incentives plays in the petrodollar system when it comes to American foreign policy in the Middle East.
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To help understand the coming dollar collapse due to the faltering petrodollar system, I often use an illustration about a hamburger stand. Here it goes…
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The coming breakdown of the global petrodollar system will result in the total and complete collapse of the U.S. Dollar. And yet, very few people have even heard of this system, let alone understand it.
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Despite being warned for decades that the U.S. would eventually face peak production, the U.S. government has done nothing to date to solve the energy crisis that will soon strike America’s shores with a fury. The ugly truth that few are telling you is that the world is preparing to be plunged into an era of declining oil production which will lead to enormous energy price increases.
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In this second article of our series on America’s Energy Crisis, I will answer some of the most common questions about the Peak Oil theory.
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One of the greatest – and most imminent – challenges looming on America’s economic horizon is the threat of global peak oil production. You may have heard of the phrase “peak oil” from television, newspapers or other media sources. But what exactly does the phrase “peak oil” mean? Well, just like everything else, there is a simple answer and a more complex answer.
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Today, our entire global economic infrastructure — not just America’s — has been built and designed around petroleum-based products. In fact, our entire way of life today would be virtually impossible without the amazing properties that we find within petroleum. Oil has become largely irreplaceable in today’s exploding global economy.
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The president yesterday gave a speech where he offered his new blueprint for the future of energy in America. However, it included no new ideas.
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by Eric Hammer | FTMDaily Contributing Writer TEL AVIV, Mar 16 – The accident began with reactor number 2 and quickly became a critical situation, with the plant facing at least a partial nuclear meltdown. The local population was given conflicting reports about what was happening at first and it took a while until the [...]
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by Eric Hammer | FTMDaily Contributing Writer TEL AVIV, Mar 10 – A so called “Day of Rage” has been scheduled for tomorrow in the Kingdom of Saudi Arabia. The planned protest has been called for on a Facebook group which sports some 17,000 members and has sent the market for crude oil into emergency [...]
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by Eric Hammer | FTMDaily Contributing Writer TEL AVIV, Mar 3 – You walk up to the gas pump and check the price. $7.94 per gallon the meter reads. You shrug and begin to fill up your tank, watching in numbed silence as the numbers race by. By the time you’re done, the total cost [...]
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by Eric Hammer | FTMDaily Contributing Writer TEL AVIV, Feb. 22 – Is now the time to be investing in natural gas? I’d have to say that it definitely is. I think the biggest reason why natural gas is set for an explosion in prices (no pun intended) is what’s been happening in my neck [...]
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NASA Photograph of the OIL SPILL, taken 3 weeks after it began. Click on the photo to see it in its original format and size CLICK HERE TO SEE ALL PICTURES/VIDEOS…
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Venezuela oil ‘may double Saudis’ A new US assessment of Venezuela’s oil reserves could give the country double the supplies of Saudi Arabia. Scientists working for the US Geological Survey say Venezuela’s Orinoco belt region holds twice as much petroleum as previously thought. The geologists estimate the area could yield more than 500bn barrels of [...]
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Tarek El-Tablawy, AP Business Writer, On Wednesday June 9, 2010, 10:12 am CAIRO (AP) — OPEC on Wednesday slightly revised up its forecast for world economic growth but left 2010 oil demand largely unchanged as Europe’s debt crisis, an oversupply of crude in the market and a potential cooling in China’s growth pointed to “economic [...]
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By MATTHEW DALY, Associated Press Writer WASHINGTON – The Obama administration is blocking all new offshore drilling in the Gulf of Mexico, a day after regulators approved a new permit for drilling in shallow water. An e-mail Thursday from the Gulf Coast office of the Minerals Management Service says that “until further notice” no new [...]
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By John Byrne Wednesday, June 2nd, 2010 — 10:12 am Firm’s stock sale nearly twice as large as any other institution; Represented 44 percent of total BP investment The brokerage firm that’s faced the most scrutiny from regulators in the past year over the shorting of mortgage related securities seems to have had good timing [...]
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