Europe fails to tap Caspian Sea’s surging gas supplies

European countries are losing out to China in their quest to source natural gas from the Central Asian states.

Moving away from dependence on Russia and Middle East hydrocarbons was a key energy objective of European countries in the 1990s, and the oil and natural gas resources along the Caspian Sea was seen as a vital alternative.

Instead, European oil dependence on Russia and the Middle East has grown from 75% in 2000 to 84% by 2010. In addition, EU reliance on gas imports has also risen from 49% to 62% during the period. Continue reading

What Would Happen if Israel Nuked Iran

Given the fact that the Obama administration is using stall tactics just as much as Iran, one shouldn’t be surprised if nukes aren’t eventually pulled out. There’s only so much time before Israel fights for its very existence. Naturally, there would be tremendous backlash from the rest of the world against Israel, and as the Obama administration has made it clear, they’re no favorites of the USA at the moment either. So long as the Obama strategy is to continue allowing the threat to grow, there’s an increasing likelihood of Israel having no choice.

A strike on Tehran could kill an estimated 5.6 million and

injure 1.6 million.

In those first minutes, they’ll be stunned. Eyes fixed in a thousand-yard stare, nerve endings numbed. They’ll just stand there. Soon, you’ll notice that they are holding their arms out at a 45-degree angle. Your eyes will be drawn to their hands and you’ll think you mind is playing tricks. But it won’t be. Their fingers will start to resemble stalactites, seeming to melt toward the ground. And it won’t be long until the screaming begins. Shrieking. Moaning. Tens of thousands of victims at once. They’ll be standing amid a sea of shattered concrete and glass, a wasteland punctuated by the shells of buildings, orphaned walls, stairways leading nowhere.

This could be Tehran, or what’s left of it, just after an Israeli nuclear strike. Continue reading