Low oil prices strike again.
And we are confronted by new information -- both about stunning deficiencies in our massive security apparat and new developments
Instead of worrying about the rise of China, we need to fear its fall.
As he comes to grips with his failed escalations in Afghanistan and Syria, President Barack Obama should nevertheless respond to China's escalations in the South China Sea. Fortunately, all it requires is that he direct the U.S. Navy to sail where it has legally sailed for more than a century.
Even before American hegemony emerged after World War II, birthday boy George Washington's Farewell Address admonition to avoid "permanent alliances" and focus on neutrality had long since been ignored. Now we have a worldwide web of alliances, mostly of our own instigation, and involvement in a whole host of wars.
Cheaper and cleaner than oil -- and seemingly abundant in supply -- shale gas was intended to be our "bridge" fuel to a bright future of renewable energy. But a clear look at the costs involved reveals that shale is a teetering bridge leading to an even higher-cost future.
Russia is facing extreme pressure from the price collapse as well as international sanctions. The ruble has already fallen
A U.S. energy trade group said the petroleum market in the country was hit by slumping demand. Total petroleum deliveries for August were at their lowest level for the month in 15 years and domestic oil production followed similar trends.