VIDEO: Ban On Iran Oil Shakes Obama Administration
President Obama has blamed tensions with Iran as the reason behind rising oil prices in the US causing the US to buy oil at above peak oil prices and use its reserves.
Oilquake In The Middle East, By Michael Klare
In other words, if one traces a reasonable trajectory from current developments in the Middle East, the handwriting is already on the wall. Since no other area is capable of replacing the Middle East as the world’s premier oil exporter, the oil economy will shrivel — and with it, the global economy as a whole.
Food Crisis Coming, By Christopher Wager
ORIGINAL ARTICLE Food could soon hold a greater value than gold to many people of the world with rising prices, civil unrest and food products such as corn being converted into fuel. Americans could come to understand what other countries such as Egypt already know....
Market Crash 2011: It Will Hit By Christmas, By Paul Farrell
ORIGINAL ARTICLE Politicians lie. Bankers lie. Yes, they’re liars. But they’re not bad, it’s in their genes, inherited. Their brains are wired that way, warn scientists. Like addicts, they can’t help themselves. They want to sell stuff, get rich. We want to believe...