Analyst: Impossible for Saudis to destroy U.S. shale industry

Analyst: Impossible for Saudis to destroy U.S. shale industry

Special to WorldTribune.com Despite its best efforts, it is impossible for Saudi Arabia to destroy the “resilient” U.S. shale industry, an analyst said. Because of its mid-cost nature, compared to the high cost of conventional drilling, shale will rebound quickly, according to Daniel Yergin, founder of IHS Cambridge Energy Research Associates, who said groups are […]

Iraqi refugee charged with plan to bomb Houston malls

Iraqi refugee charged with plan to bomb Houston malls

Special to WorldTribune.com Radio Free Europe / Radio Liberty An Iraqi refugee suspected of sympathizing with the Islamic State extremist group wanted to set off bombs at two Texas malls and was learning to make explosive devices, U.S. authorities said on January 13. Omar Faraj Saeed al-Hardan, who emigrated to Houston from Iraq in 2009, […]

The president of the United States has lost his mind

The president of the United States has lost his mind

Special to WorldTribune.com By Sol W. Sanders The mystery of what goes through President Barak Obama’s mind continues to grow apace. The theme of his latest press conference, before he took off for a Hawaii vacation stopping enroute to console victims of San Bernardino whom he has largely ignored, was delusional. That’s a fierce adjective, […]

Saudis’ war on the oil markets targets U.S. frackers, Iran, Venezuela

Saudis’ war on the oil markets targets U.S. frackers, Iran, Venezuela

Special to WorldTribune.com Saudi Arabia is going all out in its war on U.S. shale oil and to preempt the return of Iran’s oil production after sanctions are lifted. Even as the price of crude sunk below $40 per barrel, the Saudis and OPEC decided on Dec. 4 to increase production by 31.5 million barrels […]

Oil prices plummet as investors brace for flood of Iranian crude

Oil prices plummet as investors brace for flood of Iranian crude

Special to WorldTribune.com Radio Free Europe / Radio Liberty Oil prices plummeted to their lowest levels since the depths of the global recession in February 2009 as investors braced for a flood of Iranian oil in an already glutted market. U.S. premium crude prices plunged nearly 6 percent to $37.65 in New York and Brent […]

El Nino hits Ethiopia, on rebound from socialism after generous U.S. aid

El Nino hits Ethiopia, on rebound from socialism after generous U.S. aid

Special to WorldTribune.com By John J. Metzler UNITED NATIONS — More than thirty years ago, back in the Summer of 1985, the world came together to help famine stricken Ethiopia. The Live Aid Concerts in London and Philadelphia, raised both public awareness and impressive final assistance for the starving masses in the East African country. […]

No to ‘Great Satan’, yes to France: Iran’s Rouhani to sign trade renewal deal next week

Special to WorldTribune.com Radio Free Europe / Radio Liberty Iranian President Hassan Rouhani told European news media on Nov. 11 that Iran has plans to renew trade with France in car manufacturing, agriculture, and aviation. Rohani told France 2 television and Europe 1 radio that protocol agreements will be signed during his visit to Paris […]

Obama’s Keystone pipe dream helps rogue states and harms environment, U.S. workers and Canada

Obama’s Keystone pipe dream helps rogue states and harms environment, U.S. workers and Canada

Special to WorldTribune.com By John J. Metzler UNITED NATIONS — President Barack Obama has cancelled the Keystone XL, ending a seven year saga in which the pipeline from Alberta, Canada would have provided 800,000 barrels of oil to the USA on a daily basis. By scuttling the controversial deal which has been part of an […]

No, Ashton Carter, there is absolutely nothing Reaganesque about Obama policies

No, Ashton Carter, there is absolutely nothing Reaganesque about Obama policies

Special to WorldTribune.com By Sol W. Sanders The Obama Administration’s utter strategic confusion, particularly in foreign affairs, was nowhere more exhibited than in Sec. of Defense Ashton B. Carter’s recent statements at the Reagan Defense Forum. Irony was added to insult when Carter equated the Obama policies with those of President Ronald Reagan. How quickly […]