
The Wall Street Journal ran an editorial on Sunday afternoon titled, “Who Lost the Saudis?” It lays out a convincing case for why Russia and Iran are out to get the House of Saud—which, for all of its many, many flaws, is still an impediment to the agenda of America’s primary geopolitical adversaries.
by John Hayward4 Jan 2016, 9:54 PM PST0

Army Col. Steve Warren, the spokesman for the U.S.-led coalition that has been bombing the Islamic State, claimed on Monday that the terror state’s lucrative oil export business has been largely shut down by airstrikes.
by John Hayward22 Dec 2015, 2:47 PM PST0

The Islamic State already controls eighty percent of the oil in Syria, but it’s looking for more… and it is sizing up the oil fields of Libya and Egypt for conquest.
by John Hayward16 Dec 2015, 1:16 PM PST0

Turkish media outlets have reported that a Russian warship fired at a Turkish fishing boat because the boat interrupted the ship attempting to hijack Ukrainian oil platforms.
by Mary Chastain16 Dec 2015, 10:40 AM PST0

At the heart of Korea’s Onsan Refinery lies a street called “A.I. Naimi Road,” an homage to Saudi Arabia’s oil minister. The reason: state-owned Saudi Arabian Oil Co. holds a 65 percent stake in the complex.
by Breitbart News16 Dec 2015, 7:52 AM PST0

A senior U.S. Treasury official claimed Syrian President Bashar al-Assad and clients in Turkey are a few who purchase oil from the Islamic State (ISIS/ISIL).
by Mary Chastain11 Dec 2015, 8:00 PM PST0

According to an analysis published at Rudaw, the Islamic State’s books include $80 million per month in revenue from taxes, confiscating property, drug smuggling, oil sales, selling electricity to captive populations, kidnapping for ransom, and even old-fashioned banditry, such as bank robberies.
by John Hayward9 Dec 2015, 4:46 AM PST0

Governor Jerry Brown insists that his request for the Division of Oil, Gas & Geothermal Resources (DOGGR) to ascertain whether his 2,700-acre ranch lay atop an oil pool was motivated by a desire to obtain information about his ranch that he could store in a “glass case.”
by William Bigelow6 Dec 2015, 11:35 AM PST0

Russian President Vladimir Putin told his country that Turkey could face more sanctions as a consequence for its forces shooting down a Russian warplane over Syria on November 24.
by Mary Chastain5 Dec 2015, 12:27 PM PST0

Turkish President Recep Tayyip Erdoğan now claims he possesses evidence that Russia purchased oil from the Islamic State (ISIS/ISIL). His accusations come a day after the Russian government said it had proof Erdoğan’s family benefits from ISIS oil.
by Mary Chastain3 Dec 2015, 11:10 AM PST0

Turkish President Recep Tayyip Erdoğan declared he would resign if it is proven that Turkey ever purchased oil from the Islamic State (ISIS/ISIL), following claims by the Russian government that they have found proof of transactions.
by Mary Chastain1 Dec 2015, 8:41 AM PST0

Environmental concerns, along with worry about the fortunes of Syrian civilians after ISIS is gone, kept the Obama administration from striking Islamic State oil targets, claims former CIA director Michael Morell.
by John Hayward27 Nov 2015, 7:28 PM PST0

Islamic State earns about $500 million a year from its oil revenues. But according to former CIA director Mike Morrell, US fighter aircraft have been ordered not to bomb their oil wells in case they cause “environmental damage.” Yes. That makes
by James Delingpole26 Nov 2015, 5:35 AM PST0

Former CIA Director Mike Morell stated that there “seemed” to be a determination not to hit oil wells controlled by ISIS, partially because such strikes would create “environmental damage” on Tuesday’s broadcast of PBS’ “Charlie Rose.” Morrell said, “So, prior
by Ian Hanchett25 Nov 2015, 7:01 AM PST0

The New York Times is reporting that for the first time ever, U.S. warplanes attacked the heart of what generates crucial revenue for ISIS: oil. For months and months and months, Republican presidential frontrunner Donald Trump has said (correctly) that
by John Nolte16 Nov 2015, 7:28 AM PST0

A consumer watchdog group is urging citizens to test Jerry Brown’s claim that any California resident can have the state prepare a report on their property’s oil and gas potential–just as it did for him.
by William Bigelow11 Nov 2015, 11:32 AM PST0

Republican leaders in California have called for an investigation Thursday into Governor Jerry Brown in response to a story by the Associated Press earlier in the day that suggested he may have misappropriated state resources to search for oil on his family’s private property.
by Michelle Moons5 Nov 2015, 2:08 PM PST0

California governor Jerry Brown used state experts to prepare a 51-page report on the prospects for oil development on his family’s private land in Northern California, according to an Associated Press investigation released early Thursday morning.
by Joel B. Pollak5 Nov 2015, 5:06 AM PST0

Chevron plans to cut up to 7,000 jobs for the next two years due to low oil prices. Capital and exploratory projects will be delayed as well.
by Mary Chastain30 Oct 2015, 10:46 AM PST0

BP profits collapsed in the third quarter as oil prices halved on back of the stubborn global supply glut, the British energy giant said Tuesday. The London-listed energy major, which was ravaged by the catastrophic 2010 Gulf of Mexico oil
by AFP27 Oct 2015, 3:18 AM PST0

The U.S.-led coalition has been unable to interrupt the organized and sophisticated oil industry in areas in Iraq and Syria controlled by the Islamic State (ISIS/ISIL), which generates an average of $1.5 million daily, reports the Financial Times (FT), citing
by Edwin Mora15 Oct 2015, 5:06 PM PST0

Japan has left the stage of the United Nations General Assembly with a promise from Russia to strengthen bilateral relations– and schedule a visit by President Vladimir Putin– as both nations take on larger roles in Syria.
by Frances Martel1 Oct 2015, 7:18 AM PST0

Contents: New York’s Obamacare Co-op collapses, the fourth so far this year; Copper’s crashing prices cause devastating economic ripples around the world; China’s ‘climate change’ promise may already be in trouble
by John J. Xenakis30 Sep 2015, 6:34 AM PST0

HBO host Bill Maher declared, “f*ck your jobs” while talking about oil rig workers in Louisiana on Friday’s “Real Time.” Maher, while discussing the Volkswagen emissions scandal, stated, “shouldn’t someone ask a Republican candidate…who are always going on about how
by Ian Hanchett25 Sep 2015, 8:47 PM PST0

Officials from the oil nations of the Gulf have refused to accept Syrian refugees because, as one Kuwaiti official put it, their nations are “too valuable” to risk waves of migrants resettling there.
by John Hayward15 Sep 2015, 10:01 PM PST0