By Kurt Cobb, Resource Insights
I believe that the Saudis and the Russians are trying again to destroy the shale oil industry in the United States with their dance of uncertainty. As of this writing, the world has been told that the Saudis' on-again, off-again fight with the Russians is off-again resulting in a new deal to cut production.
By Kurt Cobb, Resource Insights
Supporters of America's new get-tough foreign policy are touting the country's emerging "oil weapon" wrought from increasing production in the shale oil fields of Texas and other states. The rise of oil imports from Russia is just one sign that those supporters have the situation completely wrong.
By Ugo Bardi, Resource Crisis
Complex structures, such as states and empires, are always prone to collapse and they usually give little or no previous warnings.
By Immanuel Wallerstein, iwallerstein
One doesn't hear much discussion of these foreign policy issues in Russia. What one hears discussed instead is how best to handle the acute budgetary shortfall that the Russian state is facing.
By Gail Tverberg, ourfiniteworld.com
The standard way to make forecasts of almost anything is to look at recent trends and assume that this trend will continue, at least for the next several years.