Relevant and even prescient commentary on news, politics and the economy.

Oil prices – 7 year high, the longest string of weekly gains on record

Oil prices at 7 year high after longest string of weekly gains on record, Focus on Fracking, Commenter and Blogger RJS Oil prices rose for a record 9th consecutive week to a fresh 7 year high following across the board withdrawals from US oil & product inventories . . . after rising 3.7% to a […]

Energy independence and a national fleet of hot air baloons

Via Economist’s View on reducing oil imports and energy independence for the US is reader Min’s proposal, which I have unabashedly stolen: For forty years politicians have been promising energy independence for the US. Forget it. It is not going to happen, at least not any time soon. Our best bet is to cut back […]

Is Barack Obama Morphing Into Dick Cheney?

Barkley Rosser reports from the world ecology conference in Rio,  Michael Klare offers a a comprehensive overview of US international political policy regarding energy. (hat tip Spencer) By Michael T. Klare,Tom Dispatch re-posted with permission from the author Is Barack Obama Morphing Into Dick Cheney? Four Ways the President Is Pursuing Cheney’s Geopolitics of Global […]