The facts have ominous overtones. As of the end of 2020 proven crude oil reserves in the U.S. amounted to 38.2 billion barrels, or about 4.89 times annual consumption. Thus, excluding unproven reserves and imports, the U.S. has about 5 years left of domestic oil at current consumption levels. In … Continue reading →

April 22, 2018 The recent bombing of Syria by the U.S., Great Britain and France raised a veritable labyrinth of questions. The purported justification for it was the alleged use of chemical weapons by the Syrian armed forces against civilians in Douma, a rebel-held town on the verge of surrendering … Continue reading →

April 22, 2017 Oil reserves by country, their value at $50 per barrel, and loss each would incur if 80% is left in the ground to cope with climate change. Since most of the financial wealth in the world is owned by a minuscule percent of the population (10% in … Continue reading →