Oil Industry

THE COMING IRAQI BUSINESS BOOM

DECEMBER 21, 2010 Foreigners can own 100% of Iraqi companies, must pay only a 15% flat tax on profits, and may take 100% of those profits home when and how they please. By BARTLE BULL The expected announcement of Iraq’s new government marks the culmination of a remarkable process. The former bully-boy of the Arab […]

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CHINA CONTROLS 97% of RARE-EARTH MINERALS

WASHINGTON POST China gives U.S. ‘assurances’ on export of rare-earth minerals By John Pomfret Washington Post Staff Writer Saturday, October 30, 2010; HANOI — China on Saturday assured the United States that it would continue the export of crucial rare-earth minerals that Beijing is believed to have halted as a way to pressure Japan. In

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CALIFORNIA’S SELF-DESTRUCTIVE CLIMATE CHANGE LAW

OCTOBER 18, 2010 California’s Cap-and-Trade War The battle to repeal a self-destructive climate change law. What happens when environmental fashion collides with a state’s desperate need for jobs and economic growth? That question will be put to the test when Californians vote November 2 on a ballot measure that would suspend the Golden State’s cap-and-trade

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AMERICA TODAY IS GOVERNED BY A GHOST

Obama’s Problem With Business Dinesh D’Souza, 09.27.10 Barack Obama is the most anti-business president in a generation, perhaps in American history. Thanks to him the era of big government is back. Obama runs up taxpayer debt not in the billions but in the trillions. He has expanded the U.S. government’s control over home mortgages, investment

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CHINA MAKING DEMANDS ON FOREIGN AUTO MAKERS

SEPTEMBER 16, 2010 China Spooks Auto Makers Foreign Companies Fear New Rules on Electric Cars Will Erode Intellectual Property By NORIHIKO SHIROUZU BEIJING—China’s government is considering plans that could force foreign auto makers to hand over cutting-edge electric-vehicle technology to Chinese companies in exchange for access to the nation’s huge market, international auto executives say.

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IRAQ’S OIL WEALTH, A BLESSING OR A CURSE

AUGUST 9, 2010 Will Iraq Fall Victim to the Oil Curse? The Baghdad government runs a top-down command economy and only pays lip service to private jobs and economic diversification. By JUDITH MILLER Baghdad Since America toppled Saddam Hussein in 2003, Iraq has had three free-wheeling, relatively fraud-free national elections. Its military has been reconstituted,

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DRILL, BABY, DRILL IN NORWAY, BRAZIL, AUSTRALIA AND CANADA!

AUGUST 7, 2010 The World Drills On There’s no ban in Norway, Brazil, Australia, Canada . . With reason to hope that the ruptured oil well in the Gulf of Mexico is being brought under control, it’s time to start thinking into the future. The Obama Administration is sticking by its ruinous deepwater drilling moratorium,

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MARK STEYN – THE OBAMA ENIGMA

NATIONAL REVIEW ONLINE www.nationalreview.com Mark Steyn June 26, 2010 7:01 A.M. The Unengaged President Obama’s lack of interest in the world is evident in his handling of the oil spill and the Afghan War. What do General McChrystal and British Petroleum have in common? Aside from the fact that they’re both Democratic-party supporters.

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CONGRESS SETS UP INDEPENDENT OIL SPILL INVESTIGATING COMMISSION

JULY 9, 2010 The White House Gets Drilled How ideologically stacked is President Obama’s offshore drilling commission? So much that even many of his fellow Democrats can’t support it. Five Democrats on the Senate Energy Committee last week delivered an embarrassing rebuke to the White House, voting with Republicans to have Congress set up an

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