Greece and Russia's Fruit 'n' Veg-for-Gas Deal (Sort Of)

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Not quite the Commanding Heights: Citrus for the Putin. A lack of export diversity characterizes any number of economically troubled nations... Continue reading →

After Ending US Shale Jobs, Saudis Look to Hire 'Em

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Soon they'll be leaving North Dakota for...Saudi Arabia? You've got to hand it to the Saudis: this tactic of driving down global oil... Continue reading →

Hebei & Today's Super-Polluting, Overproducing China

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The Once-ler would feel right at home in Hebei. A significant part of the world-famous air pollution choking the Chinese capital of Beijing... Continue reading →

Why Cheap Oil Won't Stop Solar Power

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Mainly, solar power is becoming really cheap relative to other sources. I almost forgot about this one: many environmentally-conscious folks... Continue reading →

Dead Cat Bounce? Oil Prices After King Abdullah's Death

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Meet the new boss [L], same as the old boss [R]? This has been an atypical year with lots of Saudi-related posts, but this one cannot be ign... Continue reading →

How Cheap Oil Saved the Arctic From Drilling

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Save us from those " saving " the Arctic from discontinued plans for oil and gas drilling there. There has been much hot air--gas,... Continue reading →

Boom's End? Saudis Sock It to North Dakota

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Not everywhere in North Dakota adjacent to the Bakken Formation can be a boomtown. Only a few weeks ago--it feels like eternities now--we ta... Continue reading →

Can Modi Break Indian Coal Miners' Balls?

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It's Thatcher time for N. Modi. (Cue the AC/DC before proceeding.) The make-or-break moment for new Indian Prime Minister Narendra Modi... Continue reading →

Argentine & Venezuelan Deadbeats' Paymaster, China

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Oh boy, oh boy. It is no big secret that the new Latin Left abhors the United States. For a long time now, China has been on hand to buy the... Continue reading →

Kazakhstan, Unlikely Master of Geopolitics

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Kazakhstan and oil do mix. Let's take a trip to somewhere we do not frequently go. Unbeknownst to many, one of those who've managed... Continue reading →

Can Saudi Arabia Kill Off US Shale Producers?

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If OPEC members relied solely on energy revenues. Here is a little background to the international political economy of the ongoing OPEC me... Continue reading →

Saudis Discipline Venezuela, OPEC's Weakest Link

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Not just oil workers but comrades in arms. In part due to a popular game show, everyone knows the saying that "a chain is only as stron... Continue reading →

Race Over: Why Venezuela Should Default

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Supposedly paying Lotus $40m/year for a non-competitive drive is only the start of Venezuela's folly. Amidst the wider economic turbulen... Continue reading →

Russia Sues EU Over Sanctions on Gazprom Funding

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Hot on the heels of Russia intervening in the currency markets to no real effect , we receive word that it is using legal maneuvers to resu... Continue reading →

Meet America's #2 Real-Estate Buyer, Norway

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Where Monopoly money comes from. As far as Europeans go, Norway has a maverick, independent streak. It is not a member of the European Unio... Continue reading →

So, When Does Russia Exhaust Its Forex Reserves?

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Sergey Lavrov, bang your shoe on the lectern for emphasis. Poor, poor Russian Foreign Minister Sergey Lavrov. He spent most of his time lam... Continue reading →

Drill Baby Drill! In the Philippines' Disputed Waters

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For a profit, would you dare to fight the Chinese? The mother of all "political risk"-laden investments is probably this one: Say ... Continue reading →