War for Oil? I Wish it Had Been
I am saddened that it is politically inconvenient to acknowledge what everyone knows: The Iraq war is largely about oil.
-Alan Greenspan (from his memoirs, September 2007)
As the president surreptitiously departed off to Iraq and Afghanistan for his final victory tour earlier this week to bask in the two identifiable foreign policy “victories” in an otherwise [...]
China Says Dump U.S. Dollar, Builds Oil Pipeline With Russia
There are two very important stories out of China. The first is more evidence supporting our claims that China is not even a trade ally much less an ally overall. China is blaming the United States dollar for the recent decline in global wealth:
The United States has plundered global wealth by exploiting the dollar’s dominance, [...]
George W. Bush Doesn’t Have Congressional Republicans’ Back
President Bush where are you? Where is your support for the Congressional stand-in Friday and yesterday? Oh right, you were too busy calling to congratulate Rush Limbaugh on 20 years of broadcast excellence.
From Human Events:
The White House on Monday rejected calls from congressional Republicans to convene a special session of Congress to deal with [...]
Schwarzenegger Opposes Offshore Oil Drilling
Here’s a big surprise, except not really: California Governor Arnold Schwarzenegger opposes drilling offshore for oil.
Bush to Congress: Lift Ban on Offshore Drilling
I don’t know what has gotten into President Bush. This is the second conservative, pro-American position he has taken in the last couple of weeks (the other being requiring federal contractors to verify the legal status of their workers).
Abu Dhabi Sovereign Wealth Fund to Buy New York City’s Chrysler Building
We wrote earlier in the week about the influence and impact of sovereign wealth funds and lo and behold, one based out of Abu Dhabi is set to purchase New York City’s famed Chrysler building.
Democrats, Radical Environmentalists to Blame for Not Drilling in U.S.
If you want a clear understanding of why we’re aren’t maximizing our own oil reserves here in America look no further than the Democrats in Congress and the radical environmentalists.
U.S. Has More Oil Reserves Than Iran and Venezuela
There is a great commentary piece out from CNSNews.com about the amount of oil reserves we potentially have here in America.
Oil for War: America’s Relationship with Iraq’s Oil Supply
I read an interesting AP story today:
BAGHDAD — Iraq’s oil production and exports have risen to their highest levels since the March 2003 U.S.-led invasion, the Oil Ministry said Monday.
The country’s exports reached 2.11 million barrels a day in March while the total output stood at about 2.5 million barrels a day, spokesman Assem Jihad [...]
