by Michael Klare The plunge of global oil prices began in June 2014, when benchmark Brent crude was selling at $114 per barrel. It hit bottom at $46 this January, a near-collapse widely viewed as a major but temporary calamity for the… Continue Reading
by Michael Klare Take a look around the world and it’s hard not to conclude that the United States is a superpower in decline. Whether in Europe, Asia, or the Middle East, aspiring powers are flexing their muscles, ignoring Washington’s… Continue Reading
Obama’s Risky Oil Threat to China By Michael T. Klare Reposted by arrangement with Tom Dispatch When it comes to China policy, is the Obama administration leaping from the frying pan directly into the fire? In an attempt to turn… Continue Reading
Reposted by arrangement with Tom Dispatch By Michael T. Klare America and Oil. It’s like bacon and eggs, Batman and Robin. As the old song lyric went, you can’t have one without the other. Once upon a time, it was… Continue Reading