Oil price manipulation, an unrecognized stratagem and an unhinged plan
Oil price manipulation is taking many forms after the closure of one of the world’s major choke points for oil transport sent oil prices higher.
Oil price manipulation is taking many forms after the closure of one of the world’s major choke points for oil transport sent oil prices higher.
Hence, the severe restrictions in the flow of oil though the Strait of Hormuz, resulting from the recent US-Iranian attacks, may be seen as a stark rehearsal for the consequences of a severe shock in the global oil supply, as might be experienced from a “peak oil” crisis, with volatile price spikes and supply chain disruptions.
This is the paradox both Saudi Arabia and the UAE are now navigating. The grey war they are waging — economically, culturally, through regional proxies — is a race to secure the post-oil future before the other does.
The 24-mile-wide Strait of Hormuz in the Persian Gulf, through which roughly 20 percent of world oil shipments pass, is an obvious pinch point for a vital industrial resource. But it also serves as an apt metaphor for the brittle global supply chains upon which the entire economy depends.
A lot of nonsense is being communicated about the war with Iran.
This week’s Frankly is another edition of Nate’s Wide Boundary News series, where he invites listeners to view the constant churn of headlines through a wider-boundary lens. Today’s edition features reflections on renewable energy and CO2 emission trends, updates on species adaptability, and a discussion about nuclear treaties and Iran.
An attack on Iran appears imminent. Here’s why I think it’s unlikely that we’ll see President Trump “TACO” this time.
The big tech industry’s claims about the climate benefits of artificial intelligence (AI) are largely unproven and unsubstantiated, according to a new report from a coalition of climate advocacy and accountability groups.
The claim is ubiquitous: if we’re to meet our climate goals, we need a mass buildout of renewable energy production. But this claim is false, and worse yet, attempting it will accelerate climate collapse.
This week’s Frankly is another edition of Nate’s Wide Boundary News series, where he invites listeners to view the constant churn of headlines through a wider-boundary lens. Today’s edition features reflections on a new peak in crude oil production, the growth of non-dispatchable electricity, and a report recently released by the World Economic Forum assessing global risks.
Today, Nate is joined by Balázs Matics, the author of the popular Substack blog The Honest Sorcerer, to explore the systemic reasons behind civilization’s potential collapse, the importance of energy security, and the growing effects of geopolitical instability.
The minimum living wage has reignited the debate on basic income. But would it be viable in the face of eco-social collapse? A basic land income could be an alternative suited to this scenario.