Tag Archives: Saudi Arabia

Losing Energy Independence

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There are two groups of people who are attempting to end America’s energy independence–OPEC (The Organization of the Petroleum Exporting Countries) and the Democrat Party. OPEC is fighting American energy independence because it represents competition and loss of OPEC’s worldwide influence. I am not really sure what the Democrat Party stands to gain by fighting American energy independence except that the position opposes President Trump’s position, which seems to be their platform–if President Trump is for it, we’re against it.

Yesterday Fox News posted an article about the resistance to America’s energy independence.

The article reported:

The battle to win U.S. energy independence has been long, hard and well worth it but the industry is facing new foreign threats from OPEC as well as right here at home from Democratic presidential nominee Joe Biden.

Biden wants to ban U.S. fracking, which was the key to our winning the war of energy independence. The former vice president at one point has said “no new fracking” — which, because of the nature of the shale decline rate, would end the U.S. shale revolution. This would not only cost the U.S. thousands of high-paying jobs, it would allow other countries to fill the void and produce more oil and gas.

…Biden has also said he has a goal to completely eliminate fossil fuels. While all men are created equal, energy sources are not. The move to fossil fuel alternatives in the near future is not reasonable and handicapping the U.S. energy industry will only put U.S. energy security at risk.

In fact, because of demand drops due to the COVID-19 shutdowns, many alternative fuels have also seen setbacks in investment and are not viable. The truth is the road to get the world off of fossil fuels will be much longer than the original goal of energy independence and in some form, we will be using fossil fuels for energy for generations to come.

Having a presidential contender looking to curb the U.S. energy industry comes at a time when threats from foreign actors are rising amid allegations they have conspired to try to bankrupt the U.S. energy industry so that we return to depending on them for our economic and national security.

While Saudi Arabia and Russia denied it, many believe that the goal of an oil production war in the midst of COVID-19’s oil demand collapse was to once and for all neutralize and bury the hard-won U.S. energy independence.

Does anyone remember the gasoline crisis of the 1970’s? Because we were almost totally dependent on foreign oil, we had gas lines and high gasoline prices. Does anyone really want to do that again? Energy independence is an economic issue, a national security issue, and a geopolitical issue. It determines our economy, our national security, and can influence our foreign policy. The less dependent we are on foreign oil, the more free we are to stand up to tyrants in countries with large supplies of oil. Energy independence should not even be debatable–it it necessary for the survival of our republic.

Who Is Paying Our Colleges?

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On Friday, The National Review posted an article titled, “U.S. Colleges Have Accepted $6 Billion in Undisclosed Donations from Foreign Governments, DOE Probe Finds.” Great. No wonder we are sending children to college respecting America and getting them backl home hating America.

The article reports:

The Department of Education has discovered at least $6 billion in unreported donations to American universities from adversarial foreign nations, Townhall reported on Friday.

The DoE revealed its updates in a May 19 letter to Congress and a subsequent briefing to several ranking House Republicans who are conducting an investigation into the foreign funding of U.S. educational institutions.

The investigation was spurred by increasing reports of Chinese funding at U.S. educational institutions, including the prevalence of Confucius institutes on U.S. campuses. Confucius institutes are Chinese-government funded centers which ostensibly promote Chinese language and culture, but which U.S. agencies have warned spread propaganda for China’s government.

“Some [Institutions of Higher Education] leaders are starting to acknowledge the threat of foreign academic espionage and have been working with federal law enforcement to address gaps in reporting and transparency,” the letter from the DoE’s Office of the General Counsel reads. “However, the evidence suggests massive investments of foreign money have bred dependency and distorted the decision-making, mission, and values of too many institutions.”

The letter also states, “Certain institutions have yet to produce requested emails, metadata, and other information regarding business relationships with, and faculty funding from, Chinese, Middle Eastern, and Russian foreign sources.”

The DoE had already announced its own investigation into foreign funding of U.S. universities in February. Besides China, officials are looking into funding from Qatar, Iran, Russia, and Saudi Arabia.

America is a unique experiment. We have survived past the normal 200 years that a democracy can exist without self-destructing. The main reason for that is that we are a representative republic–not a democracy. But we need to remember that our freedom is always one generation away from being lost. If we continue to mis-educate our children from kindergarten through college, we will lose our freedom. We definitely need to remove foreign money from all of our education–from kindergarten through college. America is quite capable of teaching its own children and educating them on the value of their freedom and the great gift this country is.

 

A Very Mixed Blessing

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CNBC posted an article yesterday (updated today) that because OPEC has not been able to reach an agreement about oil prices with its allies (led by Russia), Saudi Arabia has cut its oil prices and increased its production. A price war is expected to follow. This is great news for consumers, but horrible news for American oil production.

The article reports:

U.S. West Texas Intermediate (WTI) crude and international benchmark Brent crude are both pacing for their worst day since 1991.

WTI plunged 18%, or $7.36, to trade at $33.92 per barrel. WTI is on pace for its second worst day on record. International benchmark Brent crude was down $8.44, or 18.7%, to trade at $36.80 per barrel. Earlier in the session WTI dropped to $30 while Brent traded as low as $31.02, both of which are the lowest levels since Feb. 2016. 

“This has turned into a scorched Earth approach by Saudi Arabia, in particular, to deal with the problem of chronic overproduction,” Again Capital’s John Kilduff said. “The Saudis are the lowest cost producer by far. There is a reckoning ahead for all other producers, especially those companies operating in the U.S shale patch.”

On Saturday, Saudi Arabia announced massive discounts to its official selling prices for April, and the nation is reportedly preparing to increase its production above the 10 million barrel per day mark, according to a Reuters report. The kingdom currently pumps 9.7 million barrels per day, but has the capacity to ramp up to 12.5 million barrels per day.

The article concludes:

“$20 oil in 2020 is coming,” Ali Khedery, formerly Exxon’s senior Middle East advisor and now CEO of U.S.-based strategy firm Dragoman Ventures, wrote Sunday on Twitter. “Huge geopolitical implications. Timely stimulus for net consumers. Catastrophic for failed/failing petro-kleptocracies Iraq, Iran, etc – may prove existential 1-2 punch when paired with COVID19.”

But others, including Eurasia Group, believe that Saudi Arabia and Russia will eventually come to an agreement.

“The most likely outcome of the failure of the Vienna talks is a limited oil price war before the two sides agree on a new deal,” analysts led by Ayham Kamel said in a note to clients Sunday. The firm puts the chances of an eventual agreement at 60%.

Vital Knowledge founder Adam Crisafulli said Sunday that oil “has become a bigger problem for markets than the coronavirus,” but also said that he does not foresee prices falling to the Jan. 2016 lows.

“Saudi Arabia can’t tolerate an oil depression – the country’s fiscal breakeven oil prices remain very high, Saudi Aramco is now a public company, and MBS’s grip on power isn’t yet absolute. As a result, the [government] won’t be so cavalier in sending oil back into the $30s (or even lower),” he said in a note to clients Sunday.

OPEC has played this game before. In the 1970’s oil crisis, OPEC boycotted America because of our support of Israel. When American energy companies responded by drilling wells to meet the need, OPEC dropped the boycott and lowered the price to put those companies out of business. I suspect there may be an attempt to do that again, but I am not sure we are as vulnerable as we were then. If America continues on the path to energy independence, our oil prices will be less vulnerable to foreign manipulation. We may have to pay a little more than the price the Saudis will drop to for our oil, but it would be worth it in the long run. Hopefully we have people currently in charge that are looking long term rather than short term.

National Security Includes Immigration

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On Sunday, The Clarion Project reported:

A Saudi student in New Mexico arrested for illegal possession of a handgun had a hit list of people he planned to kill.

The list included professors at the University of New Mexico, where he was an engineering student.

Hassan Alqahtani, 27, who also received his bachelor’s degree from UNM, turned himself in to authorities on Friday.

Alqahtani allegedly had a gun and wanted to buy other guns. The FBI received a tip about Alqahtani’s illegal possession of a gun by a person who also reported that Alqahtani had compiled a “list of people who he wants to kill before he leaves the U.S.”

The list included the acquaintance of Alqahtani who tipped off the FBI.

The incident follows the deadly shooting at the Pensacola, Florida naval base, in which a 21-year old Saudi aviation student killed three and wounded eight when he open fired with a handgun.

Those who want to harm America already have people in place. We need to be very careful about who we allow to come to our country–for whatever reason. It really is the time to reevaluate the relationship between Saudi Arabia and terrorism. I understand that we need Saudi Arabia as an ally to counter Iran in the Middle East, but we are not being smart about the Saudis we allow into our country. Thank God they arrested this man before he had a chance to carry out his plans.

While We Were Sleeping

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Yesterday The Houston Chronicle reported that the Justice Department charged eight people — including a prominent political donor to both Hillary Clinton and Donald Trump and a Lebanese-American businessman who was a witness in Robert Mueller’s investigation — with conspiring to conceal the source of more than $3.5 million in donations to Clinton.

The article reports:

The 53-count indictment unsealed in federal court in Washington detailed efforts by Ahmad “Andy” Khawaja and George Nader to conceal the true source of the millions of dollars in campaign contributions, which prosecutors allege were made to gain influence with high-level political figures, including Clinton.

Khawaja, who lives in Los Angeles and is the owner of the online processing company Allied Wallet, is accused of making the donations in his name, his wife’s name and his company’s name, even though they were actually funded by another businessman, Nader.

As they arranged the payments, Nader was in touch with an official from a foreign government about his efforts to gain influence with the prominent politicians, prosecutors charge. The government is not identified in court documents.

A 2018 investigation by The Associated Press detailed that Khawaja, Allied Wallet and top executives contributed at least $6 million to Democratic and Republican candidates and groups. The donations earned Khawaja access to Clinton during the 2016 presidential campaign and a post-election Oval Office visit with Trump.

Clinton is not identified by name in the court documents made public Tuesday, but there are repeated references in the indictment identifying the candidate as a woman. Federal donor records show Khawaja gave millions of dollars to Democratic candidates, including the main political action committee supporting Clinton’s campaign. He also donated $1 million to Trump’s inaugural fund.

Nader is already in federal custody on unrelated charges accusing him of transporting a dozen images of child pornography and bestiality. He had provided grand jury testimony in the special counsel’s Russia investigation about his efforts to connect a Russian banker to members of Trump’s transition team. He had also worked to advance Saudi Arabia’s agenda to the Trump administration.

This may be only the beginning of draining the Washington swamp. Hopefully there is more to come.

This Needed To Be Done

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Yesterday CBN News posted an article about President Trump’s visit to the United Nations.

The article reports:

On Monday, President Donald Trump made history with a big push for the United Nations to truly focus its attention on global religious liberty. 

On the first day of a three-day scheduled visit during the UN’s General Assembly, the President’s big focus was a meeting about the worldwide persecution of religious minorities, especially Christians.

The event called a “Global Call to Protect Religious Freedom,” was attended by key evangelical leaders including Franklin Graham, Paula White, Jentezen Franklin, Tim Clinton, and Cissie Graham Lynch. The president was introduced by Vice President Mike Pence.

President Trump began his remarks by saying, “The United States is founded on the principle that our rights don’t come from government, they come from God.”

He said the facts are clear that 80 percent of the world doesn’t enjoy the same protection for religious freedom that US citizens enjoy.

Trump said it was an “urgent moral duty” for world leaders to stop crimes against faith.

“The United States of America calls upon the nations of the world to end religious persecution, to stop the crimes against prisoners of faith, to release prisoners of conscience,” Trump said.

The Trump administration has hosted annual meetings on the topic in Washington, and Secretary of State Mike Pompeo announced during this year’s event that he would create an international alliance dedicated to the issue.

The United Nations Human Rights Commission includes the following members: Iraq, Saudi Arabia, Afghanistan, South Africa, and Pakistan. In most of these countries, religious freedom is an impossible dream. In South Africa, white farmers are being murdered and their land taken. This is the United Nations President Trump is working with. I admire his effort, but I believe that the United Nations has become so corrupt that they are no longer an organization capable of working toward either peace or freedom. They need to be kicked out of New York City and dissolved.

 

If You Wondered Why Energy Independence Is Important

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The Wall Street Journal posted an article yesterday about the drone attack on Saudi oil fields. The Iran-allied Houthi rebels in neighboring Yemen have claimed credit for the attack.

The article reports:

The production shutdown amounts to a loss of about 5.7 million barrels a day, the kingdom’s national oil company said, roughly 5% of the world’s daily production of crude oil.

Officials said they hoped to restore production to its regular level of 9.8 million barrels a day by Monday. Energy Minister Prince Abdulaziz bin Salman said lost production would be offset through supplies of oil already on hand.

The strikes mark the latest in a series of attacks on the country’s petroleum assets in recent months, as tensions rise among Iran and its proxies like the Houthis, and the U.S. and partners like Saudi Arabia. The attacks could drive up oil prices if the Saudis can’t turn production back on quickly and potentially rattle investor confidence in an initial public offering of Saudi Aramco, the national oil company.

The article concludes:

The Yemen war is a central front in a new and more aggressive foreign policy overseen by Prince Mohammed, who launched the intervention with a coalition of allied states in 2015. Under the prince’s watch, the kingdom also applied a blockade on neighboring Qatar, detained Lebanon’s prime minister, and sent a team of men to kill exiled journalist Jamal Khashoggi in Istanbul in 2018.

A conservative kingdom with a Sunni Muslim majority, Saudi Arabia has been an opponent of Iran in a struggle for power across the broader Middle East since the 1979 revolution that toppled Iran’s monarchy.

The attacks on Aramco’s facilities are poorly timed for Aramco’s coming IPO and pose a challenge to oil officials after a changing of the guard in their leadership. Aramco last week picked seven international banks to help it list on Saudi Arabia’s domestic exchange, an IPO that could value the company at about $2 trillion dollars and come before the end of the year.

There are a lot of things going on behind the scenes here. This is part of the conflict between Sunni and Shiite Muslims. At their core, both the Saudis and the Iranians want to bring back the former caliphate. The Ottoman Empire (which was that caliphate) existed until the early 1900’s. Many Muslims want that Empire restored. The argument is over who will rule the caliphate when it is established. Al Qaeda and the Muslim Brotherhood are players in this conflict, as is ISIS. Jamal Khashoggi was a part of the Muslim Brotherhood. Descriptions of him as simply a journalist were misleading. Another part of this puzzle is the fact that Saudi Arabia is drawing closer to aligning with Israel because of the fear of a nuclear Iran. That also would be a cause for increased aggression from Iran.

Generally speaking, any terrorism that goes on in the Middle East can be traced back to Iran. They have been training and funding terrorists since the Iranian Revolution in 1979.

I have no idea what impact this will have on world oil prices. I do know that Saudi Arabia will work to repair the damage as soon as possible. I have no doubt that Iran is violating the sanctions on its oil exports, so if the price of oil rises significantly, Iran may be able to pull itself out of its current economic difficulties and calm its population. America will continue to prosper as oil prices rise because we are now a net exporter of oil rather than a net importer. Because of the policies of President Trump, we are in a very different situation than we were during the oil crisis of the 1970’s.

This Might Be A Problem For The Obama Legacy

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On Wednesday, The Washington Examiner posted an article about Call Sign Chaos: Learning to Lead, a book written by General James Mattis about his time as leader of U.S. Central Command from 2010 to 2013, overseeing military operations in the Middle East and Central Asia. Some parts of the book do not portray President Obama in a positive light.

The article reports:

“From my first day at CENTCOM, I knew we faced two principal adversaries: stateless Sunni Islamist terrorists and the revolutionary Shiite regime of Iran, the most destabilizing country in the region,” he writes. “Iran was by far the more deadly of the two threats.”

That’s not how the president under whom Mattis served saw it, though, and Barack Obama eventually fired the storied Marine general for what Mattis believes were his insistent warnings about the Iranian threat.

Mattis says Washington didn’t even inform him when Iran committed an “act of war” on American soil.

The duty officer at his Tampa, Florida, headquarters on Oct. 11, 2011 told him that the attorney general and FBI director had held a press conference to announce the arrest of two Iranians who had planned a bomb attack on Cafe Milano, a high-end restaurant in Washington that was a favorite of the rich and famous, including Saudi Arabia’s ambassador, Adel al-Jubeir.

As Mattis writes, “Attorney General Eric Holder said the bombing plot was ‘directed and approved by elements of the Iranian government and, specifically, senior members of the Qods Force.’ The Qods were the Special Operations Force of the Revolutionary Guards, reporting to the top of the Iranian government.”

The article concludes:

Mattis says his reaction to the Cafe Milano bomb plot contributed towards Obama’s decision to fire him abruptly.

“While I fully endorse civilian control of the military, I would not surrender my independent judgment. In 2010, I argued strongly against pulling all our troops out of Iraq,” Mattis writes. (Earlier in the book, he recounts a discussion he had on the subject in Baghdad with Vice President Joe Biden, who was in charge of Iraq policy but “ignoring reality” and uninterested in the considered opinion of the general in charge of operations there.) “In 2011, I urged retaliation against Iran for plotting to blow up a restaurant in our nation’s capital. In 2012, I argued for retaining a small but capable contingent of troops in Afghanistan. Each step along the way, I argued for political clarity and offered options that gave the Commander in Chief a rheostat he could dial up or down to protect our nation.”

The commander in chief chose another option: fire the CENTCOM leader.

“In December 2012, I received an unauthorized phone call telling me that in an hour, the Pentagon would be announcing my relief,” Mattis writes. “I was leaving a region aflame and in disarray.”

And the biggest threat in the region, Mattis says, then as now, was Iran. He predicted the Obama administration’s reluctance to punish Tehran for its bad behavior while the two sides negotiated a nuclear deal would come back to haunt the U.S. He concludes that “the Iranians had not been held to account, and I anticipated that they would feel emboldened to challenge us more in the future.”

Unfortunately I think that in the future we will see more situations where President Obama put his own search for a diplomatic victory ahead of the safety of Americans.

Unfortunately This Is Going To Require A Response

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Fox News is reporting today that two tankers flying British flags have been seized by Iran in the Strait of Hormuz.

The article reports:

Fox News has learned that a second Liberian tanker operated by a British company was also seized by the Iranian Revolutionary Guard and was seen on maritime tracking services making a turn, headed towards Iran.

President Trump said Friday that Iran is “nothing but trouble” and that “we heard one, we heard two,” tankers were seized.

Iran seized a British-flagged oil tanker in the Strait of Hormuz earlier Friday amid growing tensions in the region.

The Stena Impero, which has a crew of 23 onboard, “was approached by unidentified small crafts and a helicopter during transit of the Strait of Hormuz while the vessel was in international waters,” Stena Bulk, the shipping company that owns the vessel, said in a statement. “We are presently unable to contact the vessel which is now heading north towards Iran.”

Iran’s Revolutionary Guard forces, in a statement on their website, say the ship was seized for “non-compliance with international maritime laws and regulations” and is being brought to an unnamed Iranian port, according to the Associated Press.

Websites tracking the ship’s path show it turning sharply in the direction of Iran’s Qeshm Island, instead of its intended destination of Saudi Arabia.

“We are urgently seeking further information and assessing the situation following reports of an incident in the Gulf,” a U.K. government spokesperson told Fox News.

In July 2018 Reuters posted the following:

With a third of the world’s sea-borne oil passing through it every day, the Strait of Hormuz is a strategic artery linking Middle East crude producers to key markets in Asia Pacific, Europe, North America and beyond.

That dynamic has changed slightly due to the fact that America now exports more crude oil than they import. The countries that will be hurt by problems in the Strait of Hormuz will be Europe, India, and China. I am sure that America will be willing to help Europe, Russia will also increase her oil production. The price of oil will rise sharply, but it is doubtful that the Strait will remain closed.

The latest report that I have heard is that there are actually three tankers that have been seized. This is an international problem and should be handled by the international community in unison.

Would You Really Trust This Person Out On Bail?

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Yesterday CNBC posted an article about Jeffrey Epstein’s lawyers negotiating bail for their client. Jeffrey Epstein is willing to post bail as high as $100 million. Would you take that deal?

The article notes a few things that might cause someone to hesitate before agreeing to the deal:

“We know they have found photos of young women in his home,” Farmer (Annie Farmer, one of his accusers) noted, referring to what prosecutors have said was a “vast trove” of lewd photos of young women or girls that investigators discovered in Epstein’s New York residence.

Before the accusers spoke, Assistant U.S. Attorney Alex Rossmiller said that a number of other witnesses contacted authorities after Epstein was recently indicted, and that prosecutors are trying to corroborate their allegations against him.

Rossmiller also revealed that investigators found in Epstein’s $77 million Manhattan townhouse a locked safe containing “piles of cash” and “dozens of diamonds,” as well as an expired passport dating to the 1980s from another country that has Epstein’s photograph on it — but with a different name and a stated residence of Saudi Arabia.

Rossmiller also said that “many, many photographs” of young-looking girls were found in the safe, and that the prosecutors have identified at least one person among them who claims to be a victim of Epstein’s.

Fake passports, diamonds, piles of cash…would you trust this person out on bail?

The Geo-Political Impact Of America’s Energy Independence

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In January of this year, Forbes Magazine reported:

The U.S. Energy Information Administration (EIA) recently published their 2019 Annual Energy Outlook. Whenever your optimism on the prospects for U.S. energy infrastructure waivers, this will restore your confidence. The outlook for domestic energy production is bullish, and in many cases more so than a year ago.

For example, in their 2018 report, the EIA’s Reference Case projected that the U.S. would eventually become a net energy exporter. Now, thanks to stronger crude and liquids production, they expect that milestone to be reached next year.

We have reached that milestone. So what is the impact? Fist of all, we are free of the threat of an oil boycott by OPEC (Organization of the Petroleum Exporting Countries). The oil embargo placed on the United States by OPEC in the early 1970’s rapidly increased gasoline prices and caused shortages at the gas pumps. We don’t want to do that again. Aside from the impact on average Americans, we need gas to fuel our military. However, being energy independent does not entirely free us from having to be nice to Arab countries that don’t like us. Because of an agreement made between Richard Nixon and Saudi Arabia, oil is traded in American dollars. This is one of the reasons American dollars still have value despite our large national debt. The Saudis have been responsible for seeing that oil continues to be traded in American dollars, so it is in our best interest to be nice to them. The Saudis are also moving toward a friendlier relationship to Israel because of fear of Iran. Being energy independent allows us to support the nation of Israel without fearing another oil embargo.

American energy independence also has a potential impact on our relations with Russia and Europe.

In July 2018, The Washington Post posted an article about Europe’s dependence on Russian oil.

The article notes:

Putin has proved through his actions that he views everything as a potential tool to gain an advantage economically, politically and militarily. One of his most powerful tools is Russia’s energy resources, and he has used Europe’s reliance on these resources to strengthen his position. Some European leaders have been all too willing to take the bait.

This was the point President Trump was making at a NATO summit this month. He caused a stir for speaking undiplomatically in a room of diplomats. He was also pointing out what everyone in the room already knew: Europe’s reliance on Russian natural gas undermines its security.

Trump also understands, as he demonstrated this week in his talks with European Commission President Jean-Claude Juncker, that the United States can and should help solve this problem. By supplying our own natural gas reserves to Europe, the United States can loosen Putin’s economic grip on the region.

The article concludes:

By increasing exports of American natural gas, the United States can help our NATO allies escape Russian strong-arming. America is the world’s leading producer of clean, versatile natural gas. There are two export facilities in the United States. able to ship natural gas overseas — one in Maryland and one in Louisiana. Three more are due to be operational by the end of this year, and at least 20 additional projects are awaiting federal permits. We must speed up these approvals to give our allies alternatives to Russian gas.

We have plenty of natural gas to meet Americans’ needs and increase our exports. Independent studies have found that prices will remain low even with significant gas exports. Now we just need to clear away the regulatory hurdles and show our European allies that U.S. natural gas is a wiser option than Russia’s.

When Putin looks at natural gas, he thinks of politics, he thinks of money and he thinks of power. It is in America’s national security interests to help our allies reduce their dependence on Russian energy. We need to make clear how important it is for their own security, as well.

Our NATO alliance is strong. Ending Europe’s dependence on Russian energy will make it even stronger.

An energy-independent America is good for America, good for Europe, and good for Israel.

This Is How We Change Our Schools

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The following is a March 19th Press Release from Americans for Peace &Tolerance, a Boston-based 501(c)(3) non-profit organization dedicated to promoting peaceful coexistence in an ethnically diverse America by educating the American public about radical ideologies that undermine the academic integrity at American High Schools and Universities:

NEWTON RESIDENTS SUE CITY’S SCHOOL COMMITTEE, SUPERINTENDENT OF SCHOOLS, PRINCIPALS AND TEACHERS FOR DISCRIMINATION AGAINST JEWS AND ISRAELIS
 
Ideological/Political Curriculum Teaches Propaganda Instead of Facts

 
NEWTON, MASSACHUSETTS. On March 12, 2019, Newton taxpayers filed a lawsuit in Middlesex Superior Court against the Newton School Committee, Superintendent of Schools David Fleishman, the principals of the Newton high schools, and certain high school history teachers. Plaintiffs are asking for a court order that would compel Newton school officials to stop indoctrinating students with anti-Semitism, bigotry against Israel, and Islamist religious dogma as part of the high school history curriculum. This suit was made necessary because the embattled school administration is shielding its teachers from scrutiny and refusing to supervise what is being taught in its classrooms. The taxpayers claim that Newton Public Schools (NPS) has deliberately failed and refused to comply with the Equal Rights Amendment of the Massachusetts Constitution, with the Massachusetts Student Anti-Discrimination Act, and with civil rights regulations that require schools, through their curricula, to encourage respect for the human and civil rights of all individuals regardless of race, identity, religion, color, sex, and national origin.
 
The extensively documented 469 page legal complaint, available here, details the lengthy history of Newton residents’ efforts to have NPS address and correct the factually flawed teaching. Plaintiffs and their attorney were provided with an enormous volume of factual documentation by Americans for Peace and Tolerance (APT) Executive Director Ilya Feoktistov, whose investigations over the past several months formed the basis of this action. 
 
“In looking for the sources of the anti-Semitic and anti-Israel bigotry in the Newton curriculum, we discovered a few bad apple teachers who view their teaching positions as giving them license to promote their personal political agendas,” said Mr. Feoktistov. “We are also looking closely at a common pattern with these politicized teachers — most, if not all, have taken professional development courses developed with foreign funding by the governments of Qatar and Saudi Arabia.”
 
“Newton history teachers and school administrators must think either that anti-discrimination laws do not apply to them, or that these laws do not protect their Jewish and Israeli students,” said the President of APT, Charles Jacobs. “There is no academic freedom to brainwash students with fake history and pro-Arab or anti-Semitic propaganda that is, these days, alarmingly too common on the left in America.”
 
Evidence described in the complaint shows how Newton teachers teach that Jews and Christians deliberately forged their holy texts to contradict the Muslim Qur’an; that Zionism has “little connection” to Jewish history in “Palestine;” that the Jews took advantage of the Holocaust to gain sympathy for Zionism at the expense of “Arab plight;” and that the Israelis treat the Palestinians like the Nazis treated the Jews. After being taught all this, students are asked to debate whether there should be a one- or two-state solution to the Arab-Israeli conflict. 
 
Karen Hurvitz, attorney for the taxpayers, stated that her clients are not asking for money damages, even though defendants have certainly caused years of incalculable damage by their insistence on teaching impressionable students materials that slander Israel and Jews. “This is the type of teaching that leads to anti-Semitism — and it has. The taxpayers here are merely asking NPS to perform their duties and obey the law, which requires that their curriculum encourage respect for all people. Education should be based on fact, not on stereotypes and propaganda.”

This is how you handle educational indoctrination.

The Truth Is Slowly Coming Out

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The murder of Jamal Khashoggi was a horrible crime. It should not have happened. However, some of the misleading reporting of the event is now coming to light. The first thing to remember when viewing this crime is that alliances in the Middle East are complex, sometimes illogical, and often hidden. All three of these elements play a role in this crime.

Breitbart posted an article by John Hayward on Wednesday with the title, “Hayward: Washington Post Admits Khashoggi Let Qatar ‘Draft Material’ for Columns.”

Breitbart reports:

The new Post article conceded that Khashoggi was a political activist and admitted his writing may have been “shaped” by the government of Qatar, including an executive linked to that government “drafting material” for Khashoggi’s columns.

Before diving into the Washington Post’s revelations, it is sadly necessary to restate for the record that nothing disclosed in the piece justifies his murder by Saudi agents at the consulate in Istanbul in October. Being honest about who Khashoggi was, and taking a closer look at connections he preferred to keep secret, is not the same thing as blithely accepting his murder.

The Washington Post reported on December 22:

Among Khashoggi’s friends in the United States were individuals with real or imagined affiliations with the Islamist group the Muslim Brotherhood, and an Islamic advocacy organization, the Council on American-Islamic Relations, regarded warily for its support of the public uprisings of the Arab Spring. Khashoggi cultivated ties with senior officials in the Turkish government, also viewed with deep distrust by the rulers in Saudi Arabia.

After leaving the kingdom, Khashoggi sought to secure funding and support for an assortment of ideas that probably would have riled Middle East monarchs, including plans to create an organization that would publicly rank Arab nations each year by how they performed against basic metrics of freedom and democracy.

Perhaps most problematic for Khashoggi were his connections to an organization funded by Saudi Arabia’s regional nemesis, Qatar. Text messages between Khashoggi and an executive at Qatar Foundation International show that the executive, Maggie Mitchell Salem, at times shaped the columns he submitted to The Washington Post, proposing topics, drafting material and prodding him to take a harder line against the Saudi government. Khashoggi also appears to have relied on a researcher and translator affiliated with the organization, which promotes Arabic-language education in the United States.

Breitbart further reports:

Reaboi (David Reaboi at Security Studies Group) found it shocking the Washington Post would suddenly disclose these details and complicate the Khashoggi narrative unless the paper was trying to get out in front of even more damaging revelations to come.

“Rumors have floated inside the Beltway about the contents of Khashoggi’s text messages and, potentially, evidence of wire transfers from Qatar found at his residences in Turkey and in Virginia,” he noted.

To me, the following paragraphs are the most important in the Breitbart article:

If carefully chosen facts, heavily promoted narratives, and strategic falsehoods are the artillery of information warfare, then suppressed details are its stealth fighters and commando squads. Reaboi found the Saudis incredibly clumsy and perhaps breathtakingly arrogant to go radio-silent for a few days after Khashoggi’s death and leave the information warfare battlefield wide open for Turkey and Qatar, which effortlessly seized control of the Western media narrative.

Turkey effectively controlled the entire Western media apparatus with strategic leaks about the case, with some wild stories “confirmed” by anonymous Arab officials Reaboi suspects of being Qatari.

The story behind the death of Khashoggi may continue to unfold.

Finding Our Way To Energy Independence

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On November 21, Bloomberg posted an article about U. S. oil production and the opening of new pipelines in Texas.

The article reports:

An infestation of dots, thousands of them, represent oil wells in the Permian basin of West Texas and a slice of New Mexico. In less than a decade, U.S. companies have drilled 114,000. Many of them would turn a profit even with crude prices as low as $30 a barrel.

OPEC’s bad dream only deepens next year, when Permian producers expect to iron out distribution snags that will add three pipelines and as much as 2 million barrels of oil a day.

…The U.S. energy surge presents OPEC with one of the biggest challenges of its 60-year history. If Saudi Arabia and its allies cut production when they gather Dec. 6 in Vienna, higher prices would allow shale to steal market share. But because the Saudis need higher crude prices to make money than U.S. producers, OPEC can’t afford to let prices fall.

The article includes the following chart:

American energy independence creates a major geopolitical shift. We are still dependent on the Saudis to make sure that oil is traded in American dollars, but we are no longer dependent on them to keep our cars moving and our homes heated. Those of us old enough to remember the oil crisis of the 1970’s remember gas lines and rapidly increasing prices. I realize that we will never get back to 30 cents for a gallon of gasoline, but it is nice to see gasoline prices hovering in the mid two-dollar range rather than the four-dollar range.

Pastor Brunson Is Free

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The Washington Post reported yesterday that Pastor Andrew Brunson was released yesterday after a Turkish court convicted him of aiding terrorism but sentenced him only to time served. He was flown out of Turkey to Germany last night.

The picture below is from The Gateway Pundit:

The article at The Gateway Pundit reports:

Ambassador Grenell offered Pastor Brunson an American flag.
Brunson immediately took the flag and kissed it.

The Washington Post also reported:

U.S. officials said Thursday that the two governments had negotiated an agreement that would see Brunson released in exchange for the lifting of U.S. sanctions on two senior Turkish cabinet ministers — penalties imposed to gain leverage in the Brunson case. The deal was reached on the sidelines of the U.N. General Assembly last month, the officials said.

In recent months, the Trump administration had made the pastor’s release a priority. Vice President Pence took a particular interest, helping mobilize Trump’s evangelical political base in support of the cause.

Brunson’s release also came as Turkey was investigating the disappearance of Jamal Khashoggi, a Saudi journalist who Turkish investigators believe was killed after he entered the Saudi Consulate in Istanbul last week. Turkey has briefed U.S. officials on the investigation and is seeking the Trump administration’s support in pressing Saudi Arabia to provide information about Khashoggi’s fate. At the same time, Turkey is trying to avoid a total rupture in relations with the Saudis, analysts said.

In recent years President Recep Tayyip Erdogan has been taking steps to move Turkey toward a Muslim caliphate (with dreams of reestablishing a caliphate that encompasses much of the Middle East with Erdogan as the caliph). Turkey has also moved closer to Russia during that time and away from its previous friendly relationship with Israel. There are currently some real questions about whether or not Turkey should remain a member of NATO.

Common Sense Is Slowing Arriving In America Regarding The United Nations

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Yesterday Secretary of State Mike Pompeo and U.S. Ambassador to the United Nations Nikki Haley announced that the United States will be withdrawing from the United Nations Human Rights Council. Some of the current members of the Human Rights Council are Afghanistan, Angola, Burundi, China, Democratic Republic of the Congo, Cuba, Iraq, Pakistan, Saudi Arabia, and Venezuela. The Human Rights Council does not have a history or actually protecting human rights.

The following is from Wikipedia, but still is noteworthy:

Since its creation in 2006—the Council had resolved almost more resolutions condemning Israel than on the rest of the world combined. The 45 resolutions comprised almost half (45.9%) of all country-specific resolutions passed by the Council, not counting those under Agenda Item 10 (countries requiring technical assistance).[1] From 1967 to 1989 the UN Security Council adopted 131 resolutions directly addressing the Arab–Israeli conflict. In early Security Council practice, resolutions did not directly invoke Chapter VII. They made an explicit determination of a threat, breach of the peace, or act of aggression, and ordered an action in accordance with Article 39 or 40. Resolution 54 determined that a threat to peace existed within the meaning of Article 39 of the Charter, reiterated the need for a truce, and ordered a cease-fire pursuant to Article 40 of the Charter. Although the phrase “Acting under Chapter VII” was never mentioned as the basis for the action taken, the chapter’s authority was being used.

One thing to consider when looking at how the United Nations began and where it is now is the creation of the Organization of the Islamic Conference (OIC) in 1969. In 2011, this group was renamed the Organization of the Islamic Cooperation. The original charter of the organization emphasized the goal of “revitalizing Islam’s pioneering role in the world.” The group consists of 57 members, including Sunni and Shia states. Its membership is not limited to Arab states. This group has become a major power bloc in the United Nations and bears much of the responsibility for the anti-democratic turn the United Nations has taken. The United Nations no longer supports freedom–it has become a place where dictators can parade as great leaders while their people are starving or imprisoned.

Leaving the United Nations Human Rights Council is the right thing to do. The next step is to leave the United Nations entirely.

The Role Of Iran In 9/11

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Yesterday The Washington Free Beacon posted an article about the role of Iran in the September 11 terror attack on America.

The article reports:

Iranian officials, in a first, have admitted to facilitating the 9/11 terrorist attacks in the U.S. by secretly aiding the free travel of al Qaeda operatives who eventually went on to fly commercial airliners into the Twin Towers in New York City, according to new remarks from a senior Iranian official.

Mohammad-Javad Larijani, an international affairs assistant in the Iran’s judiciary, disclosed in Farsi-language remarks broadcast on Iran’s state-controlled television that Iranian intelligence officials secretly helped provide the al Qaeda attackers with passage and gave them refuge in the Islamic Republic, according to an English translation published by Al Arabiya.

“Our government agreed not to stamp the passports of some of them because they were on transit flights for two hours, and they were resuming their flights without having their passports stamped. However their movements were under the complete supervision of the Iranian intelligence,” Larijani was quoted as saying.

The remarks represent the first time senior Iranian officials have publicly admitted to aiding al Qaeda and playing a direct role in facilitating the 9/11 attacks.

This is really not a surprise–Iran and Saudi Arabia have often been cited as the two major financiers of terrorism. It is truly unfortunate that as part of the Iran nuclear deal, America paid Iran $400 million in cash which has been used to further the cause of terrorism around the world. The argument can be made that the money was simply Iran’s frozen assets in America (with interest), but the fact remains that the money has been and will be used to fund terrorism and weapons to be used against American soldiers.

This Shouldn’t Be A Surprise

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The Washington Free Beacon posted an article today about a lawsuit that the Department of Justice is seeking to have dismissed. The article describes the Department of Justice as the Trump Administration, but I am not sure that is accurate–right now I am not sure who is running the Department of Justice.

The article reports:

The Zionist Advocacy Center, which filed the recently unsealed suit in 2015, alleges the Carter Center received more than $30 million in taxpayer grants while violating federal statutes barring it from using the cash to provide material support to terror groups.

The plaintiffs maintain the Carter Center has violated the law by hosting designated terrorists at is facilities, as well as by providing various forms of assistance to the Palestinian terror group Hamas and other known terror entities, according to recently unsealed court documents.

The Department of Justice surprised pro-Israel insiders recently when it moved to have the case dismissed on the grounds it is too expensive to prosecute, according to court filings the administration had requested remain secret.

…Evidence presented in the case purports to show the Carter Center accepted millions in government grants while falsely certifying it was not violating prohibitions on providing material support to terror groups, which include a broad range of factors including lodgings, expert advice, and other types of support.

Former President Carter’s ongoing and well-documented interactions with Hamas and Popular Front for the Liberation of Palestine (PFLP) are tantamount to material support for terror groups, the suit alleges citing evidence Carter hosted these officials at his Center’s offices.

This also includes providing services and advice to Hamas and other individuals and organizations designated as terrorists by the U.S. government.

In April 2008, The New York Daily News reported some of the sources for funding for the Carter Center:

For example, Saudi Arabia, the source of 15 of the 19 plane hijackers on 9/11 and whose royal family has funded terrorism outside the kingdom, has channeled tens of millions of dollars into the Carter Center over the years. In 1993 alone, the late King Fahd gifted $7.6 million, while more recently, the king’s nephew, Prince Alwaleed Bin Talal, donated at least $5 million to the Carter Center. The Carter Center has a $36 million annual budget; these amounts are hardly insignificant to its ongoing operations.

Another million-dollar-plus backer is Sultan Qaboos sin Said, monarch of Oman. Considerable financial support comes from the United Arab Emirates as well.

There’s more. In 2001, Carter received the $500,000 Zayed International Prize for the Environment and, the following year, praised the efforts of the Abu Dhabi-based Zayed Center for Coordination and Follow Up.

The Zayed Center has repeatedly hosted anti-Semitic Holocaust deniers, supported terrorism and asserted that there is an international conspiracy of Jews and Zionists for world domination, and that a Jewish-American conspiracy perpetrated the atrocities of 9/11.

The article at The Washington Free Beacon concludes:

Yifa Segal, director of the International Legal Forum, a group involved in the case, told the Free Beacon that DOJ’s legal arguments do not hold water.

“According to U.S. law, the provision of expert advice or assistance otherwise known as material support, even if meant to promote peaceful and lawful conduct, can facilitate terrorism,” Segal said.

“The logic is simple. Any service provided to a terror group can help free up other resources within the organization,” Segal explained. “Taking into account that a terror organization, ultimately, aims at executing acts of terror, by freeing resources from other needs, you are very likely to contribute to the organization’s illegal acts of violence, whether you intended to do so or not.”

Services like those provided by the Carter Center can in fact “contribute to the terrorist organization’s own legitimacy,” according to Segal, who said arguments revolving around the Carter Center’s intentions in providing such services are irrelevant to the legality of the case.

“It seems that the DOJ is attempting to bury this case by making technical arguments as to this procedure,” Segal said. “Beyond our professional disagreement regarding these particular claims, the question is this: Even if their arguments are correct, why isn’t the government taking different measures to put a stop to this illegal activity?”

Jimmy Carter’s behavior as a former President has been less than exemplary. Although he has done wonderful work with Habitat for Humanity, his anti-Semitism and statements on foreign policy have generally been far off the mark. I would like to see this lawsuit move forward–it is time to end foreign money coming to American political figures and influencing our policies. That has not happened with the Trump administration–but it is becoming very evident that it has happened in other recent administrations.

Reaping The Benefits Of America’s Energy Development

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On Monday, Investor’s Business Daily posted a commentary on the current global oil market. The commentary noted that Russia has been working with OPEC (Organization of the Petroleum Exporting Countries) to cut oil production in an effort to keep oil prices artificially high (after all– it worked in the 1970’s).

The commentary reports:

Despite an uptick in oil prices, a closer look at the oil market unveils the real winner of curtailing crude exports: America. U.S. oil output broke through the 10 million barrels a day mark for the first time in half a century. And, according to a recent statement by the Director of the International Energy Agency, it could reach a record of 12.1 million barrels a day in 2023.

Although the price of a barrel of oil has somewhat retreated from the January $70 heights, it is still $10 above its level a year ago and more than double what it was during the price collapse in early 2016. This has been helped along by phenomenal discipline within OPEC+, as the agreement on production cuts between OPEC, Russia and nine more exporting countries is informally known. Apparently compliance has reached a surprising 138% — exporters have made bigger cuts than initially pledged.

The details of this show that one reason for the drop in production is the collapse of Venezuela‘s oil industry. Last year oil production in Venezuela shrunk by 20 percent– roughly 500,000 barrels a day. When the government nationalized the oil rigs in Venezuela, they had no idea how to maintain the rigs and maintain production, so production has continued to drop since that takeover. What has happened (and is happening) in Venezuela is a living example of the fact that socialism does not work.

The commentary concludes:

Arguably, leaders of the Gulf states and Russia are falling victim to politics, a field in which it’s better to be seen doing something than nothing. Especially when no one is sure what (if anything) would work. But who is the biggest economic winner in this game? Ironically, it’s America yet again.

Each time Saudi Arabia and their allies restrict exports, they prop up the price and create a vacant market share which then gives a boost to those producers outside the agreement that are not bound by quotas. The biggest among them is the United States. Naturally, thousands of American companies are keen for a free ride.

All of that is happening already. The U.S. has just overtaken Saudi Arabia in oil production and is expected to rival Russia soon. No wonder U.S. oil companies were expected to be especially cordial with the Saudi delegation during the princely visit. But one might imagine that on the sidelines of the meetings many Saudis will be scratching their heads and wondering how and why did they get themselves into this pickle.

America needs to be energy independent. It allows us to be in control of the fossil fuel that is the backbone of the current world economy. The 1970’s proved that was important.

Moving Toward Energy Independence

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One America News posted an article today about the impact of developing America’s oil resources.

The article reports:

The Energy Information administration reports U.S. oil production reached almost 9.9 million barrels per day this month.

So what is the impact of this? America i s exporting more than 1.7 million barrels per day of oil. Hopefully this will end some of our cozy relationships with tyrants who rule oil-producing countries in other parts of the world.

The article further reports:

Energy experts say the U.S. is on track to surpass Saudi Arabia in oil output this year, and rival Russia as the world’s energy giant.

The article also notes that the increase in our oil exports give America an advantage in both international trade and diplomacy. There is a concern that the increased exports will cause fuel costs in America to rise, but the Trump administration believes that the deregulation of prices will prevent that from happening.

Energy independence is a good thing. Being able to export oil you don’t need is an even better thing!

 

The Middle East Heats Up

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Yesterday the U.K. Daily Mail reported that Saudi Arabia had shot down a missile from Yemen aimed at one of the kingdom’s major international airports on the outskirts of Riyadh.

This is a map showing the geographical relationship between Saudi Arabia and Yemen:

The article reports:

Saudi Arabia said its forces intercepted a ballistic missile fired by Iran-backed rebels in Yemen toward one of the kingdom’s major international airports on the outskirts of Riyadh. 

A Saudi-led coalition launched a war against the Houthi rebels and their allies in March 2015 that grinds on today, a campaign overseeing by Crown Prince Mohammed.

The conflict between Iran and Saudi Arabia is an expression of the Sunni vs. Shiite conflict. Both the Sunnis and the Shiites want a caliphate reminiscent of the Ottoman Empire covering the Middle East. The dispute is over who will lead it–the Sunnis or the Shiites.

The article further reports:

Only hours before the missile was shout out of the sky, Lebanese prime minister Saad Hariri resigned from his post in a televised address from Riyadh, offering a vicious tirade against Iran and its Lebanese proxy Hezbollah group for what he said was their meddling in Arab affairs.

‘Iran’s arms in the region will be cut off,’ Hariri said. 

Iran-backed Yemeni Huthi rebels claimed responsibility for firing missile, which was targeting the airport, the Huthis’ Al-Masirah television said.

Yemen, Saudi Arabia’s southern neighbour, has been ripped apart by a war between the Saudi-backed government of president Abedrabbo Mansour Hadi and Huthi rebels backed by Iran. 

A Saudi-led coalition became involved in 2015 to help prop up Hadi’s government after Shiite Huthis seized the capital Sanaa.

The missile was knocked down by the Patriot missile system that the Saudis bought from America.

The Threat Posed By America’s Looming Energy Independence

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One America News posted a story today about a comment made by Mohammad Barkindo, OPEC secretary-general.

The article reports:

OPEC and other oil producers may need to take “some extraordinary measures” next year to rebalance the oil market, the OPEC secretary-general said on Sunday.

“There is a growing consensus that … a rebalancing process is under way. We are gradually but steadily achieving our common and noble objectives,” Mohammad Barkindo told reporters at the India Energy Forum organized by CERAWeek in New Delhi.

“To sustain this into next year, some extraordinary measures may have to be taken in order to restore this stability on a sustainable basis going forward,” he said, without elaborating.

Saudi Arabia and Russia helped secure a deal between the Organization of the Petroleum Exporting Countries and 10 rival producers to cut output by about 1.8 million barrels per day (bpd) until the end of March 2018 in an effort to reduce a glut.

Barkindo said consultations were under way for the extension of the OPEC-led pact beyond March 2018 and that more oil producing nations may join the supply pact, possibly at the next meeting of OPEC in Vienna on Nov. 30.

He also said that Nigeria and Libya, who are exempted from the pact, “are making progress towards full recovery” of production, after which they could join the OPEC-led agreement.

Translated loosely, there is a glut of oil on the world market, and the price has dropped. America is less dependent on foreign energy and has even been an exporter of crude oil since 2014 (see article here). The noose around America’s neck that OPEC exploited in the 1970’s no longer exists. OPEC will attempt to put that noose back, but I think it is too late.

Generally speaking, the countries that have been hurt by the drop in oil prices are not countries that celebrate freedom for their citizens–Russia and Venezuela to name a few. American energy independence is a good thing–both for America and for the world.

Changing Alliances In The Middle East

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The Washington Post is reporting today that Saudi Arabia, the United Arab Emirates, Egypt and Bahrain have announced that they will cut air, sea and land links with Qatar, which hosts a forward base for the U.S. military’s Central Command and is home to the widely watched Al Jazeera network.

The article reports:

Some other countries later joined the four-nation bloc in cutting ties with Qatar, which is also the venue for the 2022 World Cup.

The feud — the most serious in decades among some the region’s most key Western allies — has been simmering for years as Qatar increasingly flexed its political muscle across the region, including backing the Muslim Brotherhood.

Qatar’s outreach often raised conflict with Saudi Arabia and the United Arab Emirates, both of whom have sought to exert their own influence across the Arab world.

CBN News reported today:

“[Qatar] embraces multiple terrorist and sectarian groups aimed at disturbing stability in the region, including the Muslim Brotherhood, ISIS and al Qaeda, and promotes the message and schemes of these groups through their media constantly,” Saudi’s state news agency SPA wrote.

…For years, Doha has been a strong backer of Hamas, the Palestinian branch of the Muslim Brotherhood ruling the Gaza Strip, and the Islamic Republic of Iran, the world’s largest state sponsor of terrorism.

The Muslim Brotherhood, founded in 1928 in Ismailia, Egypt, is often referred to as the “father” of today’s Islamic terror movements.

In 2014, after a turbulent year under long-time Muslim Brotherhood devotee Mohammed Morsi, Egyptians overwhelmingly elected former military chief Fattah Abdel el-Sisi as president.

Slowly, el-Sisi began to address Egypt’s dire economic straits while simultaneously routing Islamic terror cells embedded in the Sinai Peninsula, which had flourished during Morsi’s short-lived term in office.

Egypt, the Arab’s world’s largest country, is 80 percent Muslim, but the population rejected the Morsi administration’s efforts to impose stricter Islamic lifestyle on the country.

There is a certain amount of irony here. Evidently, Qatar has backed the wrong group of terrorists. Saudi Arabia is the home of Wahhabism, a militant form of Islam that gave us the men who attacked America on 9/11. However, our alliance with Saudi Arabia is based on the fact that they are willing to fight ISIS and that they have supported the trading of oil in American dollars. The Saudis are also very actively working behind the scenes to prevent America from becoming energy independent and ruining the monopoly that OPEC has held for so long. If you look at the funding of some of the environmental groups that have opposed drilling in various places and various pipelines, you will find Saudi money.

At any rate, President Trump has had a major impact on relationships in the Middle East. It will be interesting to see in the future is these new alliances work to curtail the funding and activities of terrorists.

Losing Your Monopoly…Slowly…

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Investor’s Business Daily posted an article today about the recent influences on oil prices.

The article reports:

As the mad dash back to the U.S. oil patch has even global oil giants like Chevron (CVX) and Exxon Mobil (XOM) turning their focus to shale, U.S. oil production is on pace to exceed peak production levels in July and could hit 10 million barrels per day in August.

Those milestones loom as OPEC and top non-OPEC producers weigh whether to extend by another six months their agreement to reduce output by 1.8 million barrels a day. The cartel’s next meeting is scheduled for May 25.

The initial pact reached late last year lifted oil prices and encouraged U.S. producers to pump more oil. The extra supply has since weighed on prices, which have fallen more than 10% since the start of the year. But hedges allowed U.S. firms to lock in the higher, earlier prices, and they have continued ramping up output.

U.S. crude futures sank 4.8% to settle at $45.52 a barrel on Thursday, plunging to a five-month low and dropping below the price seen before OPEC reached its production pact in late November.

The result of developing American energy independence by developing America‘s fossil fuel resources is lower fuel costs for Americans, better national security for Americans, and a better negotiating position with the ‘oil bullies’ of the world.

The chart below illustrates what is happening to the worldwide oil market:

There may come a day in the future when green energy is the dominant energy source, but right now the world economy is essentially based on fossil fuel. Until someone comes along and invents a green energy source that can provide energy 24 hours a day and be cost effective, the world will revolve on fossil fuel. Because our economy is based on fossil fuel, it is good to have some leverage against those who are able to deny their citizens basic human rights without being challenged because they have a monopoly on fossil fuel.