The Global Oil Scam: 50 Times Bigger than Madoff

By Philip Davis
Goldman Sachs (GS), Morgan Stanley (MS), BP (BP), Total (TOT), Shell (RDS.A), Deutsche Bank (DB) and Societe Generale (SCGLY.PK) founded the Intercontinental Exchange (ICE) in 2000. ICE is an online commodities and futures marketplace. It is outside the US and operates free from the constraints of US laws. The exchange was set up [...]

Video – Robert Newmann’s “History of Oil”

Robert’s stand-up act examines the history of the last 100 years or so but putting oil center-stage. Brilliant!

Revolutionary discovery means world may not run out of crude

By Stephanie Dearing
A team of scientists based at the Royal Institute of Technology in Sweden have made a “revolutionary” discovery about how hydrocarbon is formed, learning that animal and plant fossils are not necessary to form crude oil.
The discovery, the scientists say, means that the world will never run out of crude oil. Currently, theory [...]

Boomslangs in the Treeline, Black Mambas in the Grass

By Les Visible
Here’s one of the early lies that will be tumbling out of the tree line like cherry blossoms in Potomac Park. You can ignore the part about the Taliban militants slipping out in burkhas (even though that qualifies as camouflage) and just consider the impression being given about how caring and noble the [...]

Video – The Energy Non-Crisis

Lindsey Williams talks about his first hand knowledge of Alaskan oil reserves larger than any on earth. And he talks about how the oil companies and U.S. government won’t send it through the pipeline for U.S. citizens to use.

Gasoline-Price Investigation Is Sought As Costs Escalate

By Patricia Daddono
Attorney General Richard Blumenthal said Monday he will ask the federal government to investigate wholesale gasoline price spikes that recently have led to higher prices at the pump.The Gasoline & Automotive Service Dealers of America asked Blumenthal to investigate after wholesale gasoline prices in Connecticut rose 54 cents a gallon since Feb. 19. [...]

You Don’t Know Dick

In February 2006, I chronicled some of then vice president Cheney’s little-known shenanigans.
Given Pulitzer-prize winning investigative reporter Seymour Hersh’s new revelation that the military ran an “Executive Assassination Ring” throughout the Bush years which reported directly to Cheney, I have reposted below – as context – my 2006 essay, called “All Roads Lead to Dick [...]

War and Natural Gas: The Israeli Invasion and Gaza’s Offshore Gas Fields

by Michel Chossudovsky
The military invasion of the Gaza Strip by Israeli Forces bears a direct relation to the control and ownership of strategic offshore gas reserves.
This is a war of conquest. Discovered in 2000, there are extensive gas reserves off the Gaza coastline.
British Gas (BG Group) and its partner, the Athens [...]

Venezuela reinstates free home heating oil for poor in U.S.

CARACAS, Venezuela — The Venezuelan government reversed course Wednesday, announcing that its U.S. oil subsidiary would continue to provide free home heating oil to poor Americans two days after the government announced that the program had been suspended.
Critics of President Hugo Chavez had pummeled him since Monday for suspending a program that he had milked [...]

Scientists plan to ignite tiny man-made star

While it has seemed an impossible goal for nearly 100 years, scientists now believe that they are on brink of cracking one of the biggest problems in physics by harnessing the power of nuclear fusion, the reaction that burns at the heart of the sun.
In the [...]