Norway

The Catastrophic Consequences Of Peak Oil Demand

With OPEC’s 2016 World Oil Outlook now grimly forecasting that peak oil demand could become a reality in just over a decade, and natural gas and renewables chomping at the bit to cannibalize commodity market growth, it may be good for the environment, but the trade-off will be global instability on a catastrophic level.

Glut Fears Spike As Europe Runs Out Of On-Land Oil Storage

Oil majors in northwest Europe have booked tankers to store 9 million barrels of oil as the international supply glut grows in size, according to a ship-operator who spoke to Bloomberg. The companies have resorted to using tankers as storage as signs emerge that onshore storage is filling up on the land-starved continent.

This Is No "New Cold War"; It's Far Worse Than That

Only M.A.D. avoided the Cold War becoming a hot war. But M.A.D. is not just a physical reality but equally importantly a mutually-shared belief-system, a belief-system that becomes no longer operative if one of the two sides switches to believe that a way exists actually to win a nuclear war - in other words, to believe that conquest of a nuclear power by another nuclear power is a real possibility.

"Something Big Is Underway On All Fronts"

The U.S. is beefing up conventional forces of American troops into Eastern Europe and convincing NATO countries to augment these deployments with soldiers and equipment.  The Russians have been responding with opposing counter-deployments to offset the U.S.-NATO movements.  The aggressive stance is being taken by the U.S.-NATO-IMF hegemony in its military buildup in Eastern Europe and the Baltic States, the very “backyard” of Russia. The bottom line: the stage is being set to start WWIII on the slightest provocation.

When It Comes To Household Income, Sweden & Germany Rank With Kentucky

It has nearly reached the point of dogma with many leftists that European countries enjoy higher standards of living thanks to more government regulation and more social benefits. What the data really suggests, however, is that even after social benefits are incorporated into the income data, the median American still has a higher income than most European countries.

Radioactive Iodine Leak Reported At Norwegian Nuclear Research Reactor

Norwegian authorities reported that a radioactive leak had taken place at a nuclear research reactor in southern Norway. The reactor at the Institute for Energy Technology (IFE) in Halden leaked radioactive iodine, the Norwegian Radiation Protection Authority (NRPA) said.

NATO Continues To Prepare For War With Russia

One provocation follows another against the endless drumbeat of Western media reports about “Russian aggression”. The war preparations greatly reduce European security and the chances for revival of constructive dialogue between Russia and NATO – something Russia has been calling for so many years. Instead, the bloc is doing its best to provoke an arms race with unpredictable results.