Syria

Fallacy of Peak Oil

Since the peak of June 2014, the price of oil has plummetted by about 70%. At the time when the price was in the vicinity of $140 per barrel, no one really believed it could ever come down. So-called oil experts talked about “peak oil” theory and how the petroleum reserves were dwindling and so the price of oil would never fall below $100 per barrel. Think-tanks that put out regular updates scared people by saying a barrel of Brent crude could cost about $200. This was a scary scenario for consumers, but music to those economies that live off commodities.

This terror attack has a past

“This is for France’s Syrian policy,” screamed the terrorist as he fired inside the Le Bataclan theatre in Paris. Around 70 people died in this carnage in the theatre alone. Another 50 were shot by marauding terrorists in other parts of the city. There are also reports that a Syrian passport was found on the body of a militant who committed suicide, like seven of his comrades who participated in the Paris carnage. Why are the terrorists of the Islamic State upset with France?