Saudi Arabia's oil minister is disconnected from the new reality, claiming that OPEC will be able to stabilize markets and raise prices.
With Obama having just relinquished U.S. control over key Internet architecture last month, it did not take long for the pro-censorship communist dictatorship in China to openly demand “global governance” of the World Wide Web. The mass-murdering Chinese regime, along with its totalitarian allies worldwide, has actually been pushing for global control of the Internet and a crackdown on online freedom for many years. But now, with Communist Chinese agents installed at the head of key United Nations agencies, and globalists in the West increasingly hostile to free speech, Beijing seems to think the time is right to strike.
The coming renaissance in energy will likely exceed most observers' expectations, as Donald Trump is picking persons for his administration who will allow the energy sector to breathe.
VIDEO - Obama recently criticized what he described as the “wild-wild-west” flow information in America, outraged that “conspiracy theorists” and skeptics of his global-warming theory now have a platform. He also reminisced on the days when just three establishment media outlets dominated the narrative, and were “generally” trusted by Americans. Today, polls show Americans have overwhelmingly rejected the establishment media's deception, lies, and propaganda. That is why Obama and the establishment he serves are calling for a “curating function” to help control information and the narrative. But the truth will remain the truth. And because the alternative media has done a better job of seeking and promoting the truth, in recent years it has seen an enormous increase in ratings and influence. This will continue as long as the truth is being reported – something the mischaracterized “mainstream” media has not done in quite some time.
The establishment has been celebrating that its Paris climate agreement has supposedly gone into effect on November 4. But the U.S. Senate was never given the opportunity to ratify the deal as required by the Constitution, meaning that, as far as the United States is concerned, Obama's UN agreement is legally meaningless.
Even as surveillance hawks such as FBI Director James Comey, CIA Director John Brennan, and joint chairs of the Senate Intelligence Committee Senators Richard Burr (R-NC) and Dianne Feinstein (D-Calif.) continue to claim that terrorists and other criminals are using technology to “go dark,” so America needs an increased ability to perform civilian surveillance, the reality is that the hawks have more access to more data than ever before. And — as recent information confirms — many of the reasons for that increased surveillance ability are the supposed “reforms” that were sold to the American people as a way to curtail that surveillance.
At noon on Wednesday crude oil futures touched $45 a barrel on news that inventories soared last week by the most in 34 years, and the futures market is likely to continue its breathtaking selloff to $40 and perhaps even lower.
OPEC is in a game it initiated and that it can't win and can't quit. In the process, OPEC is becoming increasingly irrelevant while U.S. producers are pushing ahead.
Last Friday, millions of Internet users across the United States found themselves unable to access a long list of websites as a distributed denial of service (DDoS) attack took those websites offline. The technique hackers used to cripple nearly half of the Internet was not particularly innovative or clever. The surprise about this attack is not that it happened, but that it did not happen sooner.