Archive for the Oil Category

WW E / III:  When Lies Fail (March 9, 2026)

Posted in Derivatives, Iran, Isreal, Middle East, Oil, Trump, War, World War E, World War III on March 9, 2026 by e-commentary.org

. . .

K          “Everyone is lying.  But this time, some truth will slither out soon.”

J          “Trying to tell, let alone convince, someone that he or she is not really waiting in a lengthy gas line to pay ten dollars for a gallon of gas will take a heaping dollop of Bernay’s Sauce.”

K          “While heading off to disgorge the kids at the military induction center.”

. . .

K          “The USA has had naval superiority for decades.  Does it matter now?  The USA has had air superiority for decades.  Does it matter now?”

J          “Who has drone superiority now?  The fundamental nature of war has changed in two big leaps.  First, the use of drones in the Armenia and Azerbaijan war in 2020 voided so many legacy weapons.  Second, hiding and moving the drones in mobile innocuous appearing civilian vehicles and using them on civilian infrastructure is a game changer.  Technology and technique are rapidly evolving.”

K          “When you first noted the development, I thought the President should have used readily available and unchallenged legal authority to ramp up a very quiet ‘Manhattan’ style project to produce drones.  Instead, the government insisted on relying on old technicity and outdated strategy.”

J          “Maybe.  The future of war is laser technology guided by AI.  The USA may be ahead in the race.  However, governments tend to be secretive about such programs.”

K          “Time to return to reading ‘Aviation Week and Space Technology’ along with the Sunday paper.”

. . . 

K          “It is ‘ISTAR’ [Intelligence, surveillance, target acquisition, and reconnaissance] versus ‘ISTAR’ now.  Who has better eyes and ears?  We are seeing and hearing in very close to real time.”

J          “The USA used its precision ISTAR to direct a missile strike at the Shajarah Tayyebeh elementary school for girls in Minab, near the Strait of Hormuz.  At least 175 people were killed, according to Iranian officials.  Most of them were children.  USA.  USA.  USA.” 

. . .

J          “The ability of AI to create entirely new realties has so advanced in just the last year.  Nothing is believable.  Except the price at the pump.”

. . . 

K          “So much is changing and likely collapsing.  The U.S. Treasuries are being swapped for gold.  This thing known as the Japanese carry trade seems to be blowing up.  And Japan may soon run out of fuel.”

J          “The things known as the Repo trade and private equity and private credit seem to be blowing up.”

. . .

K          “The great philosopher Michael Tyson observed that ‘Everyone has a plan ‘till they get punched in the mouth.’  Israel and the USA did not even have a plan other than to kill, kill, kill, kill, and kill.”

J          “They are all getting punched in the mouth.”

K          “I do have a hunch who will throw the last punch.  And we are now blessed with the ability to bet on outcomes today.”

. . .

K          “The USA has never fought a war against a peer country since Russia resolved the Second World War back in ’45.  The US has lost all but a few skirmishes against some cub scouts since then.”

J          “There will be dragons.”

. . .

[See the e-commentary on the threat to Treasuries and the likelihood that the Treasury will simply lie about the sales at Holographic Treasury Rates?  The 500 Trillion Asset Steal?  And Then The Great Taking?  Oh, And Happy IRS Day! (April 14, 2025), the consequences of escalating militarily at U.S.A. Escalates Trump’s War With Russia.  Trump’s Budget Turbocharges National Debt (June 2, 2025), the unbroken string of lies at Afghanistan:  The Usual Lies And Liars.  Oh, And Happy I.F. Stone’s Birthday! (December 16, 2019) and a survey of American foreign policy at American Foreign Policy:  1945 –  ____ (July 24, 2023).]

Bumper stickers of the week:

“Everyone has a plan ‘till they get punched in the mouth.”  Michael Tyson

Dragon < Eagle > Bruin; Dragon + Bruin > Eagle; Eagle + Bruin > Dragon

“To be an enemy of America can be dangerous, but to be a friend is fatal.”  Henry Kissinger

When considering the reliability of information provided to you by the government of the United States of America, it is important that you recall and reflect:

[Big Bumper:]

They fibbed about Viet Nam.

They fibbed about Cambodia.

They fibbed about Laos.

They fibbed about Cuba.

They fibbed about El Salvador.

They fibbed about Nicaragua.

They fibbed about Guatemala.

They fibbed about Panama.

They fibbed about Honduras.                                                 

They fibbed about Venezuela.

They fibbed about Chile.

They fibbed about the Spanish American War.

They fibbed about the Mexican War.

They fibbed about Pearl Harbor.

They fibbed about 9/11.

They fibbed about Osama bin Laden.

They fibbed about Afghanistan.

They fibbed about Kuwait.

They fibbed about Iraq.

They fibbed about Saddam Hussein.

They fibbed about Libya.

They fibbed about Muammar Gaddafi.

They are fibbing about Yemen.

They are fibbing about Somalia.

They are fibbing about Sudan.

They are fibbing about Syria.

They are fibbing about Palestine.

They are fibbing about Iran.

They are fibbing about Ukraine.

They are fibbing about Niger.

They are fibbing about the War on Terror.

They are fibbing.

They do not seem to be telling the truth.

Things really did not turn out so super in Nicaragua, Grenada, Panama, Haiti, Bosnia, Serbia, Somalia, Afghanistan, Libya, Yemen, Pakistan, Iraq and Syria, but who is counting?

For four score and one years, the USA has engaged in an unbroken war of terror against the world.

Israel And USA Ignite WW E / III:  Trump’s War® (March 2, 2026)

Posted in Derivatives, Iran, Isreal, Middle East, Oil, Trump, War, World War E, World War III on March 2, 2026 by e-commentary.org

. . .

J          “Bad idea.”

K          “My constant fear. It was only a matter of time.”

. . .

K          “Trump promised no forever wars.  He lied. There are no two ways.”

J          “Trump promised no regime change.  He lied.  The two year old narcissist only knows how to lie and to rant and to rave and to deceive.”

. . .

K          “A friend of a sardonic disposition proffered the hypothesis that the Epstein Goons are using war in part fortuitously to divert attention from the Epstein revelations.”

J          “It promises to be a long war.”

. . .

K          “I believe our friend Sun Tzu observed:  ‘If you know the enemy and know yourself, you need not fear the result of a hundred battles.  If you know yourself but not the enemy, for every victory gained you will also suffer a defeat.  If you know neither the enemy nor yourself, you will succumb in every battle. We do not know.”

J          “That skill requires two traits that are not American:  Self-awareness and understanding.  And a third. Intellectually curious. The U.S. may be its own worst enemy.”

. . .

K          “Wesley Clark reminded us that the U.S. plan was to take out seven countries in five years.  Iran is the only country left standing.”

J          “It is existential for Iran.  Iran intends to exist.  That truth requires understanding.”

K          “It is a 2500 year old rich and diverse culture taking on a not yet 250 year old consumer strip mall that once showed such great promise.”

. . .

K          “One word:  The Strait of Hormuz.”

J          “Damn straight.”

. . .

[See the e-commentary at Strait of Hormuz or Deutsche Bank?  Deriving Derivatives (July 8, 2019), So It Was The Red Sea And Credit Suisse.  Who’s Counting?  (Strait of Hormuz or Deutsche Bank?  Deriving Derivatives (July 8, 2019)) (February 12, 2024), Special Edition.  Deciphering Derivatives.  Oh, And Happy Saint Patrick’s Day! (March 17, 2023), World’s Reserve Currency War I = Cold War 2.0 = WW III (?) (September 8, 2014) and Le Dollar – World’s Reserve Currency? (November 28, 2011).]

Bumper stickers of the week:

“If you know the enemy and know yourself, you need not fear the result of a hundred battles.  If you know yourself but not the enemy, for every victory gained you will also suffer a defeat.  If you know neither the enemy nor yourself, you will succumb in every battle.”  Sun Tzu, The Art of War

“We’re going to take out seven countries in five years, starting with Iraq, and then Syria, Lebanon, Libya, Somalia, Sudan, and finishing off Iran.”  Retired U.S. General Wesley Clark said that shortly after the September 11 attacks after a Pentagon officer told him about a proposed U.S. military plan to remove governments in seven countries within five years

“‘Operation Epic Fury’ because ‘Operation Epstein Diversion’ didn’t sound warfightery enough.”  Keith Olbermann

Smedley And Ernest On Our Friend “War”; The “Racket” Continues (September 7, 2015)

Posted in Banks and Banking System, Book Reference, Magazine Reference, Military, Oil, Wall Street, War on September 7, 2015 by e-commentary.org

. . .

_          “Four score years ago this month, the world of arts and letters and the world awoke to a pair of trenchant commentaries on our friend ‘War’ written by two scholars who had spent time in the trenches and developed the ‘street cred’ to command attention and respect.  Smedley D. Butler was a United States Marine Corps major general, the highest rank authorized at that time, and at the time of his death the most decorated Marine in U.S. history who also should have won a Nobel Peace Prize.  Ernest Hemingway wrote stuff.  We should listen.”

. . .

[See the e-commentary presented on a prior Memorial Day on this Labor Day at In Memoriam (May 26, 2014).]

Bumper stickers of the week:

“I spent 33 years and four months in active military service and during that period I spent most of my time as a high class muscle man for Big Business, for Wall Street and the bankers.  In short, I was a racketeer, a gangster for capitalism.  I helped make Mexico and especially Tampico safe for American oil interests in 1914.  I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in.  I helped in the raping of half a dozen Central American republics for the benefit of Wall Street.  I helped purify Nicaragua for the International Banking House of Brown Brothers in 1902–1912.  I brought light to the Dominican Republic for the American sugar interests in 1916.  I helped make Honduras right for the American fruit companies in 1903.  In China in 1927 I helped see to it that Standard Oil went on its way unmolested.  Looking back on it, I might have given Al Capone a few hints.  The best he could do was to operate his racket in three districts.  I operated on three continents.”  Smedley D. Butler in a poem in the September 1935 issue of the magazine “Common Sense” that later become an overlooked classic. 

“They wrote in the old days that it is sweet and fitting to die for one’s country.  But in modern war there is nothing sweet nor fitting in your dying.  You will die like a dog for no good reason. . . .  The only way to combat the murder that is war is to show the dirty combinations that make it and the criminals and swine that hope for it and the idiotic way they run it when they get it so that an honest man will distrust it as he would a racket and refuse to be enslaved into it.”  Ernest Hemingway in “Notes on the Next War: A Serious Topical Letter,” in a September 1935 issue of the magazine “Esquire”.