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CounterCurrents Newsletter – What To Do About The Price Of Oil
30 June 2008

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In Solidarity
Binu

Oil Prices Won’t Be Falling Anytime Soon
By Omid Memarian

www.countercurrents.org/memarian300608.htm

Although some policy-makers have blamed producing countries for steadily rising oil prices, many experts say more fundamental factors are a growing demand-supply imbalance, a weak dollar, and market speculation

What To Do About The Price Of Oil
By Robert Weissman

www.countercurrents.org/weissman300608.htm

Current pricing arrangements are generating profit gushers for the large, integrated oil companies — ExxonMobil, ChevronTexaco and the like. While the price of oil is going up, these companies’ drilling expenses are not. Oil can trade at $40 a barrel, $90 a barrel, or $130 a barrel. It still costs ExxonMobil and the rest of Big Oil only about $20 to get a barrel of oil out of the ground

It Was Oil, All Along
By Bill Moyers & Michael Winship

www.countercurrents.org/winship300608.htm

Oh, no, they told us, Iraq isn’t a war about oil. That’s cynical and simplistic, they said. It’s about terror and al Qaeda and toppling a dictator and spreading democracy and protecting ourselves from weapons of mass destruction. But one by one, these concocted rationales went up in smoke, fire, and ashes. And now the bottom turns out to be . . . the bottom line. It is about oil

Democrats Back Covert US Attacks On Iran
By Patrick Martin

www.countercurrents.org/martin300608.htm

Leading congressional Democrats have given their approval to a vastly expanded program of US covert warfare against Iran, according to an article by investigative reporter Seymour Hersh, published in the New Yorker

Tactics That Ended Apartheid
In S. Africa Can End It In Israel
By Bill Fletcher, Jr.

www.countercurrents.org/fletcher300608.htm

With humbleness, with love, with compassion for Palestinians and Israelis, I believe in the possibility that both can live as neighbors with security, dignity and respect. As it did in South Africa, corporate engagement, including divestment, can help make that possibility a reality

Fighting Mind Control
By Peter Chamberlin

www.countercurrents.org/chamberlin300608.htm

In the wisdom of the elite planners, America was put on trial without our knowledge. The verdict was given, that America must be conditioned to “embrace post-industrialism,” in a new political reality that is described as “friendly fascism.” We cannot accept that verdict. The hour of our summary execution is nearly upon us. Will we accept this unjust decision, or will we fight back against our programming and unseat those who have usurped the Constitution and driven us to World War III against our will?

Kashmir: Another Public Uprising
By Syed Ali Safvi

www.countercurrents.org/safvi300608.htm

Protests over land transfer have snowballed into public uprising, and with People’s Democratic Party (PDP) pulling out from the coalition government it has already trigerred a major political cricis in the State. It is one of those issues which has united the Kashmiris, irrespective of the political divide. There is no denying the fact that the issue will have a gargantaun impact on the forthcoming assembly elections

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