Oil

Blood For Oil Gone Awry

sn't this the sorriest of outcomes with the loss of American blood and treasure in Iraq—to be scooped by the yen-manipulating Chinese and the increasingly belligerent Islamic Turks? Can someone tell us how much oil are we now getting from Iraq? Word is China has also bought into the Alberta Oil Sands, a major supply to the US, while the libs scream for a boycott of Canadian "dirty" oil.. Fred Kagan writes in No Blood For Oil: One would have thought that leading Democratic senators who claim to be interested in finding other sources of funding to replace American dollars...


Big Oil's Long Goodbye To The Dollar

In an article by Robert Fisk published in THE INDEPENDENT, the crisis of the American dollar in oil dealings is explained a little deeper than was known the last time we visited this topic. More former allies have agreed to leave the dollar, thus hastening its demise. N THE MOST PROFOUND financial shift in recent Middle East history, Gulf Arabs are planning—along with China, Russia, Japan and France—to end all dollar purchases for oil, moving instead to a basket of currencies including the Japanese yen and Chinese yuan, the euro, gold and a new, unified currency planned for nations in...


Turning Oil Into Salt

Found this online, fitting enough for the thought of the day... arly in our country's history, in response to the Barbary pirates, the halls of Congress were filled with Congressmen shouting "Millions for defense, not a penny for tribute!" How things have changed! Now it is "Billions for jizya, not a penny for self-respect!" But just as the afternoon follows the morning, here is an even more profound and rewarding find called Turning Oil Into Salt: One hundred and fifty years after the discovery of oil in the U.S. gave rise to the global oil industry, two of America’s leading...


New Trains, Planes, And Automobiles

All Americans, right or left, Dems, or Republicans, should deftly ponder this letter I received from Sean Brodrick who has described precisely what I would like to see happen to all that disappearing BIG money that the Obama administration, AKA the Obamanation, is trying to shovel to its ACORN cronies after already flushing the toilets of that host of bankers, thieves, and swindlers who continue to live lifestyles of the rich and famous while pillaging the American landscape of every industry and value American was once famous for... Brodrick's suggestions just make sense in this time of rising joblessness and...