Oil vs. ‘Morning in America’

gas prices

Brent Budowsky: Let’s challenge the speculative fever and vulture frenzy that threatens the Morning in America that is coming. The president should initiate a drawdown of the Strategic Petroleum Reserve, if necessary twice, to burn the fear of God into the soul of speculators.

No War for Oil

oil and death

Ivan Eland: Could it be that the U.S. is not aggressively employing military power to ensure that it has oil supplies—as the Imperial Japanese did before and during World War II—but is instead using the threat of armed force to keep a thumb on the oil lifelines of other nations.

Peak Oil 101

Source: World Resource Institute. The “ANWR” bump on the crude production curve is an indication of how projected production would be in Alaska’s National Wildlife Refuge.

Adam Eran: The acute problem of the Gulf oil spill makes the cost of corruption-afflicted government front page news. Lax Federal offshore drilling oversight under Bush 43 has cost us dearly. However, our society’s vulnerability to any trouble with this critical resource should also remind us of the chronic problem: peak oil.

Iraq: The Coming Train Wreck

iraq-war

The only way to avoid this train wreck is to withdraw U.S. forces as soon as possible, so that they don’t get caught in the melee, and hold a national conclave as the draw down.