Robert Scheer: Be Consistent—Invade Saudi Arabia

It’s the black gold that drives nations mad and inevitably raises the question of whether America and the former European colonial powers give a damn about human rights as the basis for military intervention. If Libya didn’t have more oil than any other nation in Africa would the West be unleashing high-tech military mayhem to contain what is essentially a tribal-based civil war? Once again an American president summons the passions of a human rights crusade against a reprehensible ruler whose crimes, while considerable, are not significantly different from those of dictators the U.S routinely protects

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Dead baby dolphins continue to wash ashore on Gulf beaches

Dozens of dead baby and adult dolphins have washed ashore on Gulf beaches since the beginning of the year, according to new reports. The National Oceanic and Atmospheric Administration (NOAA) says the rising death count is exceptionally high, especially because the normal birthing season for dolphins -- a time at which some baby dolphins inevitably end up dying -- is normally several months from now.

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Fools at the Pump

The price of gas at the pump is now averaging $3.65 a gallon in California and has already edged up to $4 in San Francisco and Chicago. Nationwide, it’s at $3.38, a 20-cent rise in the last week (six cents last Friday alone). Meanwhile, in testimony before the Senate Banking Committee on Tuesday, Federal Reserve Chairman Ben Bernanke spoke optimistically of the economy and dismissed the impact of soaring oil prices, spurred by turmoil in the Middle East. “The most likely outcome,” he said, “is that the recent rise in commodity prices will lead to, at most, a temporary and relatively modest increase in U.S. consumer price inflation.”

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World Food Prices Hit Record Highs Amid Oil Jitters

World food prices have hit record highs and oil price spikes could push them even higher, the UN food agency warned on Thursday, as increasing violence in Libya sent jitters through commodity markets.

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The World Cheers as the CIA Plunges Libya Into Chaos

How was Libya doing under the rule of Gadaffi? How bad did the people have it? Were they oppressed as we now commonly accept as fact? Let us look at the facts for a moment.

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The Destiny of This Pageant Lies in the Kingdom of Oil

The Middle East earthquake of the past five weeks has been the most tumultuous, shattering, mind-numbing experience in the history of the region since the fall of the Ottoman empire. For once, "shock and awe" was the right description.

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World Oil prices Soar, Stocks Tumble on Fears of Widening Unrest in North Africa and Middle East

Global stock values fell broadly for the second day on Tuesday and crude oil prices surged as the social upheaval in Libya disrupted petroleum exports and ongoing protests in Bahrain and Yemen threatened to spread to Saudi Arabia. All of the major Western oil companies operating in Libya reported cutting back or suspending their operations Monday, reportedly causing a decline of more than 8 percent in the country’s normal output of 1.6 million barrels per day. In addition, Libya’s ports were closed.

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William Pfaff: New Regimes Have Reason to Resent America

The political scholar Walter Russell Mead recently alluded to more than a half-century of American “world-order-building tasks,” a formulation that I think most Americans would accept as describing the international obligations Washington assumed in 1945-46, and the policy the United States has undertaken since 1941, when it entered the Second World War against Nazi Germany and the Japanese Empire.

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Are We Headed For Massive Oil Price Spikes? Leaked Cables Claim Saudi Oil Reserves Grossly Overstated

John Vidal's report on US diplomatic cables from Saudi Arabia raises the spectre of premature peak oil: an unexpected deline in global oil production in an oil-dependent world. The US government is among many administrations that routinely reassure the public that supplies of oil can go on growing far into the future. But in private, top diplomats have been telling Washington that they hold deep concerns about supplies from the world's number one supplier. This is an issue that has far-reaching consequences for an oil-importing nation like the UK, and for the global economy.

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Systemic Crisis of the Global Economy: Major Monetary Oil Shock Predicted for late 2011

Global systemic crisis / World geopolitical breakup – End of 2011: Fall of the “Petro-dollar wall” and a major monetary-oil shock for the United States 

With this issue our team is celebrating two important anniversaries in anticipation terms. Exactly five years ago, in February 2006, the GEAB N°2 suddenly encountered worldwide success by announcing the next "Triggering of a major global crisis" characterized especially by "The end of the West as we have known it since 1945”. And exactly two years ago, in February 2009, in the GEAB N°32, LEAP/E2020 anticipated the start of global geopolitical dislocation phase by the end of that same year. In both cases, it is important to note that the undeniable interest aroused by these anticipations at international level, measurable particularly by millions of people reading the related public announcements, has been matched only by mainstream media silence over these same analyses and the fierce opposition (on the internet) of the vast majority of economic, financial or geopolitical experts and specialists.

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