Tag: oil attrition
Energy Wars of Attrition
In the end, the oil attrition wars may lead us not into a future of North American triumphalism, nor even to a more modest Saudi version of the same, but into a strange new world in which an unlimited capacity to produce oil meets an increasingly crippled capitalist system without the capacity to absorb it.
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Pentagon seeks $200 billion for Iran war as costs surge and Congress pushes back
Lawmakers question the scale, legality, and strategy of a massive funding request as troop deployments expand and the conflict shows signs of escalation.
Balanced budget amendment would put Social Security, Medicare, and core public services on the...
The proposal would make revenue increases extraordinarily difficult while allowing tax cuts to pass more easily, shifting pressure onto widely used federal programs.
Scale raises the ceiling, but fiscal foundations determine whether autocracy or democracy prevails
The implication is stark: democracy is not only a constitutional or ideological arrangement; it is fundamentally a fiscal one.
State Department purge left US exposed as Iran war sent energy prices soaring
Internal layoffs removed the very officials who would have modeled oil supply disruptions, coordinated with Gulf energy partners, and prepared for retaliatory strikes as war with Iran drove gas and crude prices sharply higher.
The Paris Prelude: Why the US and China are moving toward a Cold Peace
Nuanced engagement is an improvement over chaotic confrontation.