September 2013

Oil drilling platform

Mideast Oil Loses Some of its Power

On his way back from the Yalta conference in February 1945 where US President Franklin D. Roosevelt met with Great Britain’s Winston Churchill and the Soviet Union’s Stalin, the American president made an unscheduled stop in Egypt where he met with Saudi Arabia’s King Abdel Aziz ibn Saud aboard the USS Quincy, in the Suez Canal’s Great Bitter Lake. The basis of the meeting was to ensure that Americans would have an uninterrupted supply of oil.

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Is Obama’s Black Swan Coming Soon?

What is a “Black Swan”? According to Wikipedia… The phrase “black swan” was a common expression in 16th century London as a statement of impossibility. The London expression derives from the Old World presumption that all swans must be white because all historical records of swans reported that they had white feathers. After Dutch explorer

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