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German Consolidation of Europe

The goal of consolidating Europe into one state goes back in modern times to Napoleon Bonaparte’s Continental System whose goal was to create a system of Empire that was self-sufficient and would preserve within it its industrial capacity against the exports of...

Dennis Sears Joins Genoil

Mr. Sears is the Manager of Inisfada Bunkering & Consulting LLC, a company that provides sales, purchasing and trading assistance to companies needing access to international fuel, commodity, shipping, and equipment markets. Mr. Sears began his career working in...

Brent Crude is UP!

The price of Brent crude oil is up again this morning over $124 a barrel. It’s up from $107.65 at the end of last year as a result of increasing tensions with Iran following the imposition by the US and Europe of tough new sanctions on Iran. They are already reducing...

NO PEAK OIL -SAUDI OPENING OLD FIELDS

No Peak Oil – Why Then is Saudi Aramco Opening Old Wells for Heavy Crude? By James Burgess | Fri, 17 February 2012 18:57 Following the Iranian Revolution in 1979 demand of oil from Saudi Arabia fell from ten million barrels per day (bpd) to three million bpd. As...