The U.S. Congress, still in thrall to Israeli leaders and the neocons, cited Islamic State terrorism as an excuse to clamp down on travel to Iran even though Iran has nothing to with ISIS or other Sunni jihadists, unlike Saudi Arabia and Persian Gulf states that were left off the list, notes ex-CIA analyst Paul R.…
Authored by Brahma Chellaney, originally posted at Project Syndicate,
Containing the scourge of Islamist terror will be impossible without containing the ideology that drives it: Wahhabism, a messianic, jihad-extolling form of Sunni fundamentalism whose international expansion has been bankrolled by oil-rich sheikhdoms, especially Saudi Arabia. That is why the newly announced Saudi-led anti-terror coalition, the Islamic Military Alliance to Fight Terrorism, should be viewed with profound skepticism.
Submitted by Arthur Berman via OilPrice.com,
Less than 2 percent of Permian basin tight oil wells are commercial at $30 per barrel oil prices.
Sorry about that. I know that many believe that U.S. shale and tight oil plays are commercial even at current low oil prices but data on the Permian basin and Bakken plays simply does not support that belief.
Despite Russia and the U.S. coming together on Friday to back a U.N.-approved peace plan for Syria, major obstacles remain, including the on-the-ground reality that U.S. "allies," such as Saudi Arabia and Turkey, have armed and financed powerful jihadist forces that won't compromise, as Gareth Porter explains.
And now, a further turn for the absurd...
While it’s still far from common knowledge among the Western public that Washington’s closest allies in the Mid-East are funding, arming, and otherwise enabling the Sunni extremists (including ISIS) battling for control of Syria and working to destabilize Iraq, the massacre that unfolded earlier this month in San Bernardino has managed to focus some much needed attention on the role Saudi Arabia plays in promoting extremism.