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Shale oil and gas industry is a ponzi scheme facing collapse
by Dylan Murphy
The mainstream media keeps churning out good news stories about the booming shale oil and gas industry in the United States. Apparently, the fracking industry is going to lead to America becoming the next Saudi Arabia with a hundred years of oil and natural gas. It will provide cheap energy supplies that will boost U.S. Industry and give a major boost to consumers and help the so-called economic recovery. Yet all of the over inflated claims for shale oil and gas are based upon a fantasy. The geological evidence (See the exhaustive studies by University of Texas and by the geologist David Hughes for the Post Carbon Institute in 2014) shows quite clearly that shale gas and tight oil production is likely to peak in the next 5 years.
Tad Patzek, head of the University of Texas at Austin's department of petroleum and geosystems engineering, has commented that companies are trying to extract shale oil and gas as fast as possible. The danger of this is that, “we're setting ourselves up for a major fiasco”. He notes that after production peaks in 2020 “there's going to be a pretty fast decline on the other side” and ''that's when there's going to be a rude awakening for the United States.” He notes rather ominously that, “it cannot be good for the US economy.”
Jimmy Carter Calls Gaza Conditions "Intolerable"
by Stephen Lendman
On Saturday, 90-year-old former US President Jimmy Carter called conditions in Gaza "intolerable" eight months after Israel's summer 2014 genocidal war.
Visiting Jerusalem he said:
"What we have seen and heard only strengthens our determination to work for peace. The situation in Gaza is intolerable."
"Eight months after a devastating war, not one destroyed house has been rebuilt and people cannot live with the respect and dignity they deserve."
Last summer during the height of Israeli aggression, Carter warned of an impending "humanitarian catastrophe."
In vain, he urged "all combat operations must stop, and Israeli troops should withdraw from Gaza."
They continued rampaging lawlessly against defenseless civilians - mass murdering noncombatant men, women and children, an Israeli specialty.
Ukraine: A US-Supported Fascist Cancer in Europe's Heartland
by Stephen Lendman
As Russia and leaders from dozens of other countries prepare to celebrate Victory in Europe on May 9 in Moscow, the defeated scourge again threatens regional peace and stability - courtesy of US-installed and supported Ukrainian Nazi thugs.
They celebrated May 2 as Victory Day - the infamous year ago day when Kiev-unleashed Right Sector Nazi thugs murdered hundreds of anti-regime Odessans wanting to live free from the scourge of fascism.
City police did nothing while they shot, bludgeoned, strangled, hacked to death with axes, and threw defenseless victims from windows of Odessa's Trade Union House building where they sought sanctuary in vain.
Washington Blocks Security Council Action on Vital Yemeni Humanitarian Needs
by Stephen Lendman
It bears repeating what other articles stressed. Yemen is Obama's war - another atrocity on his rap sheet affecting an entire country and its 25 million people in dire need of humanitarian aid to survive. Saudis and rogue regional allies are convenient US proxies - carrying out orders from Washington. They'd never attack another Arab country without America's OK, urging and support.
Washington and Riyadh imposed air and sea blockade on Yemen - a blatantly illegal act on top of US planned and orchestrated naked aggression against an independent country posing no threat to others.
Russia called for an immediate ceasefire, an urgency to address humanitarian crisis conditions and dialogue among all sides to end fighting.
The Israeli Humanitarian Enthusiasm – A Dialectical Perspective
By Gilad Atzmon
The Times Of Israel reported today “Israel’s aid team to Nepal larger than any other country’s'
Video: wibbitz.com
We are familiar with this pattern. Israel is always fast to send its medical aid and rescue teams to remote destinations as soon as the news about a natural disaster hits CNN. Yet, peculiarly, it is the same Israel that inflicts tragedies that easily match the worst natural disasters on its next door neighbours.
How can we reconcile this clear discrepancy between Israel’s humanitarian enthusiasm and the collective lethal ambitions Israeli society inflicts on its Arab neighbours? Why are the Israelis so intent on displaying a global image of ‘caring’ while behaving in a murderous and heartless manner towards their neighbours?
Reported Hamas/Israeli Talks: Hold the Cheers
by Stephen Lendman
Ahmad Yousef
Last Sunday, Hamas official Ahmad Yousef said "chats" were taking place with Israel under European mediation.
No direct Hamas/Israeli talks occurred. None are planned.
"We await the formation of an Israeli government so things can get more serious," said Yousef.
"European diplomats and civil society activists come to the Gaza Strip constantly and pose Israeli viewpoints and convey the reaction of the movement through unofficial chats."
Issues discussed include ceasefire terms and ending siege conditions "by opening a seaport to the outside world."
A scheduled Jimmy Carter-led Elders delegation visit was cancelled. It planned to assess conditions, highlight the humanitarian crisis, and meet with Hamas officials.
Putin on WW II Hardships
by Stephen Lendman
May 9 marks the 70th anniversary of what Russians call the Great Patriotic War - representing victory over Nazi Germany.
No nation endured more and today gets less credit than Russia. Without its contribution, Hitler might have won.
No one knows for sure how many Russians perished. A 1993 Russian Academy of Sciences study estimated 26.6 million.
Some independent Russian researchers believe 40 million died - including combatants and civilians.
Millions more suffered serious injuries. Human misery endured can't be quantified. Large parts of Russia were devastated.
Many years of rebuilding and recouping were required. Americans can't imagine what Russians endured.
Proposed US Strategy for Dominating China
by Stephen Lendman
US imperial policy prioritizes endless wars for unchallenged global dominance - madness by any standard at a time super-weapons can end life on earth.
Russia and China are Washington's two main rivals - Moscow militarily, Beijing mainly for its growing economic dominance.
It's now the world's largest economy based on purchasing power parity (PPP) - the cost of a representative basket of goods in one country v. another.
Its growth since the 1980s is one of the greatest success stories in modern times - extraordinary by any standard, enough for Washington prioritizing regime change.
Are the Baltimore riots being staged to distract the American people from the real cause of discontent?
Who is really behind the Baltimore and Ferguson ‘race’ riots?
From the very beginning the riots in Baltimore have been developing in a very scripted manner. It’s almost as though someone is pulling the strings before and during each successively worse conflagration. Just like the obviously manufactured violence in Ferguson, Baltimore is even more carefully engineered and coordinated to captivate (and distract) the attention of the nation.
Who, but agents of the government, would have the time and money, personnel and plots to conduct such an ongoing, covert black operation? With Jade Helm gearing up to take the southwestern states by storm this summer, it would appear that something is in store for each quadrant of the USA between now and the middle of September.
Here is the way it was put by the SOTN editor in a previous post titled:
Are government agent provocateurs inciting violence in Baltimore?
The evolving conflagration in Baltimore is neither spontaneous nor unplanned. Every stage of the build-up of tensions and anger has been carefully orchestrated by forces behind the scenes … just like Ferguson.
The only question that remains then is: “Who are those forces?”
All the circumstantial evidence points directly to government agent provocateurs acting directly at the scenes of the crimes to incite violence against law enforcement and property. They are also obviously working “fast and furiously” behind the scenes engineering the next explosive event.
This is how government (as well as its hidden proxies and covert agents) have always utilized both hard and soft power to trigger the enraged populace anyway they can toward full-scale riots. It’s a formula used in virtually every race riot in American history. In this way the attention of the citizenry is diverted from the real causes of discontent.
See what the mayor of Baltimore herself is guilty of in contributing to the manufactured lawlessness … and in broad daylight, with no attempt to hide her responsibility for the recent destruction!
Are crisis actors being employed to put on the staged riots?
Gunslinger NATO Commander Believes War Is Peace
by Stephen Lendman
US NATO commander General Philip Breedlove is part of America's lunatic fringe. He believes provoking Russia belligerently promotes world peace.
He wants more US combat troops close to Russia's borders - more provocative military exercises antagonizing its leadership.
He wants Nazi-infested Ukrainian military forces more heavily armed to the teeth with US heavy weapons than already.
He wants war, not peace. In Thursday testimony before Senate Armed Services Committee members, he said:
"I support the consideration of using offensive weapons to change the decision calculus on the ground (in Donbass) and to facilitate bringing our opponent to the table for a solution, a final solution" - serving US imperial interests exclusively.
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