The NATO “solution”

The NATO “solution”

The focus of political and media attention has inevitably turned from Europe to the Middle East, where the United States, through the Secretary of the Pentagon, has insisted on “Israel’s right to defend itself,” has welcomed the assassinations of Hezbollah leaders carried out by means of massive bombings in Beirut, and has given explicit approval to the ground operation with which Tel Aviv and Washington claim to want to “dismantle the attack infrastructure along the border to ensure that the Lebanese Hezbollah cannot carry out attacks in the style of October 7 against communities in northern Israel.” The precedent of the last twelve months in Gaza, the West Bank, Syria, Yemen and Lebanon foreshadows what the ways of defending oneself against Israel will be and that the United States will continue to justify any excess, selective assassination or massacre, while any response, such as that which occurred yesterday with the launching of Iranian missiles against Israeli military bases, will be considered an unacceptable escalation. And although Ukraine’s public concern for securing priority war status has not yet begun, any escalating war could affect Kiev, especially when it comes to imposing its discourse of existential war on the West as a collective.

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Guayana Esequiba: Geo-economics of an Occupation

An air of bonanza has raised the projections of the Exxon Mobil corporation, which accumulated around 414 billion dollars in 2022, an unprecedented income in its history, which represents 44.8% more than the previous year. It is a gigantic increase if compared to its crisis in 2020, when its losses put its place in the stock market in jeopardy. Also from the research of that American corporation, it is said that Guyana could become “the country that produces the most barrels of oil per inhabitant in the world, surpassing Kuwait, in that case, when measuring the wealth per capita of its 800 thousand inhabitants, it would become a rich country, since in 2021 its GDP increased by 57.8% and in 2022 by 37.2%”.

Guayana Esequiba: Geo-economics of an Occupation

Is this why Biden isn’t refilling the Strategic Petroleum Reserve?!

[2017] Trump’s Budget Delivers Big Oil’s Wish: Reducing Strategic Petroleum Reserve

While most observers believe the budget will not pass through Congress in its current form, budgets depict an administration’s priorities and vision for the country. Some within the oil industry have lobbied for years to drain the SPR, created in the aftermath of the 1973 oil crisis.

Exxon, as well as the American Petroleum Institute (API) and the Independent Petroleum Association of America (IPAA), have long lobbied for a drawdown of SPR‘s supply, according to lobbying disclosure records reviewed by DeSmog. They supported two key bills, proposed but never passed by Congress: H.R. 4136 in 2012 and S. 1231 in 2015.

H.R. 4136, lobbied for by Exxon, API, and IPAA**, says that the Strategic Petroleum Reserve can only be tapped if more federally owned public lands and waters were leased to the oil and gas industry. S. 1231, the Strategic Petroleum Reserve Modernization Act of 2015, called for a Department of Energy study of the SPR “to determine options available for [its] continued operation,” to be completed 180 days after the bill’s passage.

“[T]he SPR is unnecessary in the first place. Private inventories and reserves are abundant, and open markets will respond more efficiently to supply shocks than federally controlled government stockpiles,” wrote Loris, who began his career as an associate for the Charles G. Koch Charitable Foundation. “Congress should authorize the Department of Energy to sell the entire inventory, using the revenues solely for deficit reduction.”