Articles tagged with: oil

Why China’s ‘Infrastructure for Resources’ Failed in Nigeria

Written by Emeka Umejei on Saturday, 31 August 2013. Posted in Africa, Asia, World

China has been implementing an aggressive plan to acquire resources in Africa. Investigative reporter Emeka Umejei reports on the results in Nigeria.

Why China’s ‘Infrastructure for Resources’ Failed in Nigeria

I was on board the defunct Air Nigeria Airline to the Gambia for the Conference for African Ministers, Fisheries and Aquaculture (CAMFA) in 2010 when I encountered another Nigerian, who was alighting in Sierra Leone. We both boarded the aircraft in Lagos and soon, I began to chat to him about political developments in Nigeria. The young man, who identified himself as Ikechukwu told me he had lived in China for more than a decade and was involved in business. The moment he mentioned China, I got interested and pressed further. After regaling me with the wonders of China’s infrastructural development, he narrowed it down to his own venture in Nigeria.

Obama is Denying Energy Independence to America

Written by Alan Caruba on Tuesday, 20 August 2013. Posted in Opinion, Alan Caruba

The nation remains mired in an economy that is barely growing at two percent annually and part of that is due to the energy policies of the Obama administration.

Obama is Denying Energy Independence to America

Watching the events unfold in the Middle East, it occurred to me that, if we had a president who had even the slightest grasp of energy facts, we could be living in a nation that is not dependent in part on Middle East oil.

We Need to Restore the Spirit of Capitalism

Written by Star Parker on Tuesday, 30 July 2013. Posted in Opinion, Star Parker

As the new American oil boom attests, it is freedom and capitalism that releases the human spirit, taps human creativity and produces prosperity that could never come from any government planner.

We Need to Restore the Spirit of Capitalism

President Barack Obama went to Knox College in Galesburg, Ill., this week to rearticulate his vision for the American economy and to reassure the American people that, yes, he knows what he is doing.

Gas Prices Should be a Lot Lower

Written by Alan Caruba on Friday, 21 June 2013. Posted in Opinion, Alan Caruba

The price of gas is staying at unusually high levels this summer. But it is not because of the "greedy" oil companies. The fault lies with the anti-energy policies pursued by the White House.

Gas Prices Should be a Lot Lower

In the past whenever gas prices began to climb, whoever was president usually got the blame for it, but there never was anything he could do about it. The price at the pump was and is dependent on global factors. What can, however, be said about Barack Obama is that he has led the most anti-energy administration in the history of the nation.

Bedding and Abetting the Enemy

Written by André French on Wednesday, 19 June 2013. Posted in Opinion, André French

The Middle East is a hotbed of hatred and violence. Yet the United States continues to meddle in the region, even though our history there suggests our involvment makes things worse, not better.

Bedding and Abetting the Enemy

Remember when the United States propped up the Shah of Iran, only to fall to a far worse regime under Ayatollah Ruhollah Khomeini? Remember when the US armed and supported Saddam Hussein in an effort to quell the spread of the Iranian Revolution, only to go to war with Iraq a decade later? Remember when the CIA armed Bin Laden against the Soviets in Afghanistan, only to be rewarded later with 9/11? Remember when the Arab Spring was sprung in Egypt and the U.S. decided our prior ally, Hosni Mubarak, was now in need of overthrow, so we welcomed the murderous Muslim Brotherhood? Remember when we helped topple Libyan leader Muammar Gaddafi, and then left our murdered Ambassador and staff to be dragged through the streets? 

How the Greens Pick Your Pocket

Written by Alan Caruba on Tuesday, 14 May 2013. Posted in Opinion, Alan Caruba

The famed Boston Tea Party was a protest against “taxation without representation”, but our pockets are picked every day by a plethora of taxes of which most Americans are not even aware.

How the Greens Pick Your Pocket
We get robbed when the federal government thwarts exploration and extraction of energy resources that would greatly reduce those costs. We get robbed when the government (EPA) conspires to force coal-fired plants out of business through excessive regulation or declares that milk is a form of “oil” to be regulated.

An Hour of Darkness. Or Light!

Written by Alan Caruba on Saturday, 23 March 2013. Posted in Opinion, Alan Caruba

Turn on your lights at 8:30 PM on Saturday. Turn them all on. Send a message to the White House and to the world that energy is the heartbeat of life and economic growth for America and the world.

An Hour of Darkness. Or Light!

On Saturday, Greens around the world will turn off their lights in a symbolic “Earth Hour” gesture against climate change, the term they adapted in the face of the fact that the Earth has been cooling for seventeen years and is on the cusp of a mini-ice age that will ensure cold weather for many years to come.

The U.S. is Blocking Energy Wealth and Jobs

Written by Alan Caruba on Wednesday, 28 November 2012. Posted in Opinion, Alan Caruba

What we are witnessing is the deliberate effort by the Obama administration, in concert with earlier administrations, to deny the economic benefit of tapping the nation’s vast reserves of oil and gas domestically and off-shore.

The U.S. is Blocking Energy Wealth and Jobs

What if I told you that the government was blocking America’s prosperity in the form of enormous untapped energy reserves that represent wealth and jobs that would once again put America on the path to fiscal security and growth?

The Petrodollar System: A Brief Overview: 1974 – 2012

Written by Chris Clancy on Thursday, 18 October 2012. Posted in Opinion, Chris Clancy

A complete understanding of the world economic system's functioning over the past 40 years is only possible if you study and comprehend the implementation, development, and fate of the petrodollar system.

The Petrodollar System: A Brief Overview: 1974 – 2012

The petrodollar story has a little bit of everything. Hope, ambition, political intrigue, mystery, treachery, greed, deceit, betrayal, despair, poverty, envy, wealth, frustration, anger, courage, rage, conflict, revenge, retribution and more and more and on and on it goes ….

The Worst Has Yet to Come - Part 2

Written by Chris Clancy on Thursday, 04 October 2012. Posted in Opinion, Chris Clancy

The dollar, the world's reserve currency, has been under a mighty great strain in recent years, but various forces in the world economy have helped keep the dollar in business. Still, one little-understood threat looms on the horizon.

The Worst Has Yet to Come - Part 2

Let’s continue the story with yet another quote from Marin Katusa, not only someone who knows what he’s talking about, but someone who can actually write:

The Worst Has Yet to Come - Part 1

Written by Chris Clancy on Tuesday, 25 September 2012. Posted in Opinion, Chris Clancy

Recent riots and discontent across the Islamic world are the surface phenomena erupting from deeper problems. At the core is the faltering petrodollar system.

The Worst Has Yet to Come - Part 1

Like all great performers Obama has saved the best for last. 

New Gas Reserves Found in the Gulf

Written by Dennis Behreandt on Friday, 06 July 2012. Posted in Americas, World

As North American gas reserves continue to soar due to shale gas development, Mexico finds new, enormous gas reserves in the Gulf of Mexico.

New Gas Reserves Found in the Gulf

Mexico's state-run oil company, Petroleos Mexicanos, better known as Pemex, said it has found a massive new gas reserve in the Gulf of Mexico.

Rep. Rohrabacher to Clinton & Panetta: No More American Blood for Karzai's Family Fortune & China's Oil

on Friday, 15 June 2012. Posted in Opinion, Letter From Congress

Rep. Rohrabacher: "Karzai has squandered America’s sacrifice and all of Afghanistan will pay the price of his corruption when the Taliban returns to power."

Rep. Rohrabacher to Clinton & Panetta: No More American Blood for Karzai's Family Fortune & China's Oil

By the office of Congressman Dana Rohrabacher

Today, Rep. Dana Rohrabacher (R-CA) sent letters to Secretary of State Clinton and Secretary of Defense Panetta to express outrage over Americans dying so that Afghan President Karzai’s family and Communist Chinese state owned oil companies can get rich.

Oil Prices Are Up: Is It the Work of Evil Oil Companies and Greedy Speculators?

Written by Lynn Atherton-Bloxham on Monday, 02 April 2012. Posted in Opinion, Lynn Atherton-Bloxham

Prices are simply signals telling us to produce more or less. The only answer to high prices is flexibility for those who produce.

Oil Prices Are Up: Is It the Work of Evil Oil Companies and Greedy Speculators?

Some fallacious notions are at work here. If you trade regularly and know the ins and outs of the futures market, skip the next few paragraphs. This is for those who are confused about speculators and hedgers, buying and selling and long and short. It is a greatly simplified overview but hopefully with enough information to eliminate some common falsehoods around which certain pundits and politicians love to create hysteria. After reading this however, you will not, I repeat, not, be able to make a quick fortune in the futures market. My purpose is to give a basic understanding of the miracle of voluntary trade of which the exchanges and their hedgers and speculators are an important part.

Pompeo Statement on EPA’s Crippling New Greenhouse Gas Rules 

on Thursday, 29 March 2012. Posted in Opinion, Letter From Congress

Impossible New Standards Put Kansas Coal-Fired Plants & Domestic Energy Supply in Jeopardy 

Pompeo Statement on EPA’s Crippling New Greenhouse Gas Rules 

by Congressman Mike Pompeo

This week the Environmental Protection Agency released its proposed rule limiting greenhouse gas emissions. According to a recent Washington Post article, “the move could end the construction of new conventional coal-fired facilities in the United States.”

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