Take the oil!

Before he was elected President, Donald Trump’s approach to United States illegal attacks on Iraq and Libya was that their only mistake was that the US didn’t “take the oil.” After becoming President, his approach to oil-rich Venezuela was “can’t we just invade them?”

Update: John Bolton confirms its about the oil.

The last gasp of oil

Fracking has created a short term oil glut. That’s bad news for climate change. Could we at least find a silver lining in this carbon cloud, or will it be business as usual?

Local Bodies: The Great Oil Gamble and Wasted Opportunities

Gamble Big’ rather than ‘Think Big’ should be this National Government’s mantra.Opening up huge areas of our land and territorial waters for open slather oil and gas exploration is a gamble on so many levels. When many countries like Denmark are actively chasing a sustainable, clean energy future, this government is throwing all its hopes on a big strike of fossil fuel.

What use is oil extraction here?

One of the more irritating traits of National politicians is their bone-headed and short-term obsession about being rentiers selling raw and lightly processed […]

Syria et al.

Sometimes the most complicated and complex situation becomes clear when viewed from a simple and obvious perspective.

Just one teeny problem…

You’d think we’d draw some obvious conclusions from the Arctic melt. Apparently not though. We’re in a hole, but we’re going to keep digging…

Iran

Israel and the US have both been ratcheting up their rhetoric against Iran in the past few months and an attack on Iran’s nuclear facilities looks highly likely. Just the other day, Obama told Iran to stop its nuclear programme or else adding, “I don’t bluff”. I really, really hope he’s bluffing. Because Iran’s ready to make an attack on it cost the world big time.

Texas of the South Seas?

Every few years, since the 70s, they’ve promised the great New Zealand oil boom is coming. It ain’t going to happen. If there is lots of oil, it’s deepsea and expensive. And they haven’t found it in 40 years of looking. We have a worse production-consumption ratio now then the 80s. Even if we somehow become a massive oil exporter, it’s not the economic panacea you might think.

West leaves Libyan rebels to swing in the wind

Faced with the choice between short-term stability offered by a military strong-man or the long-term stability that would emerge from a democratic revolution, the West has long backed dictators in key resource supplying third-world nations. As the West backs away from saving the Libyan rebellion, it appears that little has changed.

No-fly zone for Libya

NATO leaders are discussing a no-fly zone over Libya to prevent the crumbling Gaddafi regime bombing and strafing protesters. Gaddafi’s loyalists are tied up keeping Tripoli under control, and the opposition is preparing to send in troops. Meanwhile, the big question elsewhere in the Arab world is what will happen on Saudi Arabia’s March 11, ‘Day of Rage’?

Nats’ economic plan: more oil, more cows

We’ve been critical of this do nothing government’s economic record, but now I/S at No Right Turn has received documents that lay out the Nats’ economic plan. They rejected the notion of government, business, and workers pulling together to create a better economy and went with: 1) find lots of oil 2) lots of GM cows.

Brownlee makes Nats more enemies

Every night before they go to sleep, good little Labour and Green spin doctors pray for another headline involving Gerry Brownlee. The guy has an amazing tin ear for public opinion. He’s had 50,000 people march against his mining plans and, now, he’s made a Treaty breach over the one area of foreshore and seabed that was settled. Gerry, you’re a godsend.

Let’s not rush things

President Obama has just come out and said the US and the world needs to get off its oil addiction. But, just as we’ve been talking about climate change for nearly two centuries, before it was even a problem, and done nothing about it, Presidents have been declaring its time to end the oil age for 40 years and nothing has changed. Why can’t we get serious about saving ourselves?

The rock and the hard place

To avoid cascading sovereign debt crises, countries need economic growth that will boost their tax so they can start getting their books in order. But good economic news sends oil prices up due to the tight supply situation and we’re close to the point where the price of oil tips economies into recession. Is this the limit to growth?

Up in smoke

When the Tui oil-field was opened last year, the operators (AWE New Zealand, 87.5% foreign-owned, ironically) were given permission to burn off 10 […]

Whither the PIF?

I attended the Pacific Islands Forum in Fiji back in 2006. The shadow of Bainimarama’s approaching coup hung over the forum but it […]