Lee Brain, son of an oil man, receives a standing ovation and brings a crowd to tears after delivering powerful & inspirational testimony in front of the Northern Gateway Pipeline Joint Review Panel in Prince Rupert on February 18, 2012.
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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.
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Is the Hormuz Chokehold a Foretaste of Peak Oil?
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.
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The Petrostate Proxy War
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.
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