Many economies around the world are running out of oil, but the crude oil markets (particularly the futures) are still drumming along with some higher prices and the inconvenience of the Strait of Hormuz being closed. Why haven’t crude oil markets seized up? What is it That Keeps Oil Markets Flowing? When U.S. and Israeli […]
THE SUPPLY CHAIN IMPACT FROM THE IRAN WAR VOL3 Read More »
The third Gulf War has been going on for over two months, and although a ceasefire has been agreed to, shots are still being exchanged by both sides. When it will all end is too uncertain for now, but what would happen with the price of oil if and when it does finally end? Here
THE SUPPLY CHAIN IMPACT FROM THE IRAN WAR VOL2 Read More »
In the next several blogs we’ll take a closer look behind the consequences of the 2026 Iran War, and the economic fallout that is taking place that does not make headlines. The first volume is a broad look at the course of events that brought us where we are today. Scope: The war began with
THE SUPPLY CHAIN IMPACT FROM THE IRAN WAR, VOL 1 Read More »
The Persian Gulf is bordered on both sides by countries that export about 25% of the worlds crude oil and 20% of the world’s liquified natural gas (LNG). What’s more, the two sides don’t always get along with each other: Iran is about 95% Shia Muslim and the Arabian countries (except for Bahrain and Iraq)
ISSUES PERTAINING TO THE STRAIT OF HORMUZ Read More »
Late in World War II in the Pacific an Associated Press photographer happened into capturing a photograph that became famous world-wide. The story of the picture is interesting by itself, but it includes a major shift in battle tactics used by the Japanese Military in their defense of Iwo Jima, one of the bloodiest battles
RAISING THE FLAG IN THE BATTLE FOR IWO JIMA Read More »
Roman arches were constructed for purpose of announcing and commemorating a victory in a major military conflict. For six hundred years they were the ways and means to bring the victory back to the Roman people. But their original purpose began to shift along with the very fabric of authority in Rome. Celebrating a Major
DID ROMAN ARCHES HAVE A PURPOSE OTHER THAN CELEBRATION? Read More »
Global warming is a fact of life today, and it brings with it another nemesis—rising sea levels. This condition is exasperated by the huge amounts of carbon dioxide released into the atmosphere from the burning of fossil fuels for energy. Efforts are being made in many countries throughout the world to reduce the consumption of
THE DANGER FROM RISING SEA LEVELS Read More »
The origins of the Declaration of Independence in America date back over 200 years before Columbus even discovered land in the Western Hemisphere and brought the news back to Europe. The Declaration is not only the culmination of a long series of major complaints sent back to King George III, but also a continuation of
HOW THE DECLARATION OF INDEPENDENCE CAME ABOUT Read More »
The Second World War was fought in the far corners of each ocean in the world with many stirring stories about sea chases, with lucky chances, blunders, and skill that shaped the outcome. One of the best of those sea chases took place in late May, 1941, in the North Atlantic. The Battle of the
THE SHORT AND VIOLENT LIFE OF KRIEGSMARINE’S BISMARCK Read More »
On January 10, 1776, a 47-page pamphlet authored ‘by an Englishman’ was published in Philadelphia. In three months, the pamphlet sold 100,000 copies to the two million residents of the thirteen colonies in North America. During the duration of the American Revolution, the sales number grew to about 500,000 copies including those that were not
THE PAMPHLET THAT LED TO THE AMERICAN REVOLUTION Read More »