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King Fahd

A Rick Perry Presidency? Get Ready for the Next Gas Spike

Raymond J. Learsy | Posted 11.06.2011 | Politics
Raymond J. Learsy

Most worrisome about a Rick Perry presidency for those of us who don't live in Texas and are not engaged in the oil business is the prospect of staggeringly higher gasoline prices, and the impact that would have on the nation's economy.

Getting Serious About Saudi Arabia

Abraham R. Wagner | Posted 08.20.2011 | World
Abraham R. Wagner

Following 9/11, the U.S. looked to the Saudis as another ally in the "Global War on Terror." Far less attention was paid to the facts that some of the 9/11 al Qaeda terrorists came from Saudi Arabia.

Oil Cartels and Venezuela -- A Moment of Truth for the Obama Justice Department

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

The proceedings in the ongoing United States vs. CITGO Petroleum Corporation clearly reveal our government's abject alliance with the machinations of the OPEC cartel.

The Bush Years' Single Accomplishment: Exxon Mobil's Staggering Record Profit

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

In breathtaking example of the manner in which oil has corrupted the Bush administration we have prima facie evidence of the perverted priorities of the last eight years.