Tag Archive for Oil


Behind the Saudi Oil-Price Gambit

King Abdullah, the ailing monarch of Saudi Arabia whose country is playing a power game with its oil.

Exclusive: Saudi Arabia is wielding its oil weapon by keeping production high and prices low – all the better to punish some rivals and consolidate market share – but the gambit may come back to bite the House of Saud, as Andrés Cala explains.

The Oil-Crash Diplomatic Mirage

U.S. Secretary of State John Kerry meets with Russian Foreign Minister Sergey Lavrov at the U.S. Ambassador's residence in Rome, Italy, on Dec. 14, 2014. (State Department photo)

Official Washington’s latest “group think” is that the drop in oil prices will bring Russia and Iran to their knees ready to do whatever the U.S. demands. But this analysis is a miscalculation that could cause President Obama to miss diplomatic opportunities to resolve disputes, says ex-CIA analyst Paul R. Pillar.

Iraq and the Oil Wars

Embattled Iraqi Prime Minister Nouri al-Maliki. (Photo credit: U.S. Air Force Staff Sgt. Jessica J. Wilkes)

Oil has always been part of U.S. decision-making on Iraq, a key motive for the 2003 invasion and the bloody occupation that followed. Now, as President Obama returns U.S. forces to Iraq, the issue of oil has bubbled back to the surface, as oil analyst Antonia Juhasz explained to Dennis J Bernstein.

Oil Supplies Remain US Focus

Despite rhetorical suggestions about a shift in U.S. geopolitical strategy, the pre-placement of military stockpiles indicates that America’s security interests will remain focused on protecting oil supplies, writes the Independent Institute’s Ivan Eland.

Saudi Oil Muscle for Palestine

Despite Israel’s great political influence in Washington, the Obama administration may soon have to decide whether it will risk economic retaliation from Saudi Arabia by opposing Palestinian statehood in the United Nations. A Saudi cutback in oil production could send gas prices to $5 a gallon and sink the U.S. recovery, Lawrence Davidson writes.