t is not about the "war on terror". It is not about weapons of mass destruction. It is not about "freedom and democracy to the Iraqi people", or to the "Afghan people". It is not about "Islamofascism". New evidence shows once again both George W Bush administration wars - in Afghanistan and Iraq - above all are about oil and gas.
July 4th, 2008:
Big Oil’s ‘secret’ out of Iraq’s closet
Final warning (text only version)
The scenarios that unfolded were developed with officials from the Shell oil company in the Netherlands, a former US presidential counter-terrorism adviser and industry analysts.
Bets double on oil hitting $200
The number of financial market bets on crude oil prices hitting $200 a barrel before the end of this year has almost doubled in the past month, a further sign of growing concern that oil prices will continue to rise sharply in the near term.
Speculators targeted in blame game
As the cost of oil has soared, everyone has been looking for someone else to blame. The MPs on the Treasury select committee yesterday fixed on the mysterious and allegedly powerful role of "speculation"...
Iraq seeks to reassure on fairness as it opens industry to foreign bidders
The Iraqi government yesterday sought to counter criticism of the opening of its oil sector to international participation with reassurances that the process would be transparent.
Oil steady above $145 in Asia on Saudi declaration
Oil prices remained near record highs above $145 a barrel in Asia after Saudi Arabia's oil minister suggested his country doesn't plan to boost production.
Biofuels to blame for 75 per cent increase in price of food
The confidential report, based on a detailed economic analysis of the effect of biofuels, will put pressure on the American and European governments, which have turned to biofuels in attempts to reduce the greenhouse gases associated with fossil fuels and to reduce their reliance on oil imports.
UK to examine oil market trading as prices soar
Regulation of Britain's oil markets will come under political scrutiny later this month amid concerns that the spike in prices is being driven by speculators.
Offshore safety review announced
The Gordon MP said: "I am concerned over reported delays in the maintenance of oil platforms. "It would be dangerous if delays were occurring because producers were seeking to maximise production at current high oil prices, as has been suggested."
Safety legacy left by Piper Alpha
A review into safety in the offshore oil industry in the North Sea was announced earlier this week.
Big Oil’s Iraq deals are the greatest stick-up in history
"We" are already heisting Iraq's oil, or at least are on the brink of doing so. It started with no-bid service contracts announced for Exxon Mobil, Chevron, Shell, BP and Total... Iraq is being forced to sell 75% of its national patrimony to pay the bills for its own illegal invasion and occupation.