Below you'll find a list of all posts that have been tagged as “1973 oil crisis”
When Ronald Reagan turned his back on the neoconservatives, fired them, and had some of them prosecuted, his administration was free of their evil influence, and President Reagan negotiated the end of the Cold War with Soviet President Gorbachev. The military/security complex, the CIA, and the neocons were very much against ending the Cold War as their budgets, power, and …
To justify U.S. “regime changes,” the U.S. government has routinely spread rumors and made other dubious claims which – even when later doubted or debunked – are left in place indefinitely as corrosive propaganda, eating away at the image of various “enemies” and deforming public opinion. Even though this discredited propaganda can have a long half-life – continuing to contaminate …
In late October, we noted that for the second time this year, Russia overtook Saudi Arabia as the biggest exporter of crude to China. Russia also took the top spot in May, marking the first time in history that Moscow beat out Riyadh when it comes to crude exports to Beijing. “Moscow is wrestling with crippling Western economic sanctions and building closer ties with …
ne year ago this week, Gov. Cuomo banned fracking in New York, listening to the growing movement to keep fossil fuels in the ground. So it’s especially disheartening that Congress, through a provision included in the omnibus appropriation, has just lifted the decades-old crude oil export ban—locking us into fossil fuel dependence for decades to come. At a time when we need to be investing …
When an assassin killed Archduke Franz Ferdinand of Austria in 1914, no one called it the start of the First World War. That happened years later, after the implications, consequences and scale of the response could be assessed. It’s often the way. That’s why historians are important; they put events in context. Similarly, I doubt anyone knew how our world …
Why in the world has JP Morgan accumulated more than 55 millionounces of physical silver? Since early 2012, JP Morgan’s stockpile has grown from less than 5 millionounces of physical silver to more than 55 million ounces of physical silver. Clearly, someone over at JP Morgan is convinced that physical silver is a great investment. But in recent times, the price of silver has …
How can oil prices continue to plummet whilst “The largest U.S. refinery strike in 35 years entered its fourth week on Sunday as workers at 12 refineries accounting for one-fifth of national production capacity were walking picket lines.” This is no isolated phenomenon; the UK oil industry is witnessing a one round burst of 1,500 jobs being slashed. 15,000 more jobs …
