Natural Gas

Frontrunning: June 7

  • Islamic State Claims Rare Attack on Iran Parliament, Major Shrine (BBG)
  • UAE turns screw on Qatar, threatens sympathizers with jail (Reuters)
  • U.S. Oil Exports Double, Reshaping Vast Global Markets (WSJ)
  • Trump’s Closest Allies Warn President It’s Time to Stop Tweeting (BBG)
  • Trump Taps Former Assistant Attorney General Christopher Wray as New FBI Chief (WSJ)
  • Poll: Pound Could Plunge to $1.20 on Friday (BBG)

Partitioning Syria: Oil, Gas, And Peace

It’s the 101st anniversary of the Sykes–Picot Agreement and, in light of the non-stop Syrian Civil War, it’s time to ask, “How’s that working out for you?”

More Solar Jobs Is A Curse, Not A Blessing

Citing U.S. Department of Energy data, the New York Times recently reported that the solar industry employs far more Americans than wind or coal. This is supposed to be a good thing, according to the Times. In reality, it’s not a good thing at all, and certainly not a positive trend. In fact, the job numbers actually underscore how wasteful, inefficient and unproductive solar power actually is.

Gulf States Launch Naval Blockade Of Qatar

In what has emerged as the most significant escalation to result from the Qatar diplomatic crisis - which pits two of OPEC’s largest oil producers, Saudi Arabia and the UAE, against the world’s biggest exporter of liquefied natural gas and further disrupts stability in the region -  the biggest Middle East oil and container ports banned all vessels sailing to and from Qatar from using their facilities.

How Russia Became "Our Adversary" Again

"Post-Cold War Russia finally experienced too much brazen humiliation and betrayal at the hands of the U.S.-led West...and marshaled enough of still-intact natural and military resources and patriotic to challenge the American Empire’s hubristic claim to the right to rule Eurasia with impunity. 'What we say goes' hit a new wall of Russian dignity and power."