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Showing posts with the label Kharg Island

ENERGY MATTERS

It's Wednesday, sci-tech day, so I'll this week draw from the American Energy Society information they send me.  No big surprise that petroleum companies are getting richer because of the Iran War. But first a post-mortem of Ken Paxton's victory over John Cornyn in the Texas Republican primary.   I thought Paxton would win by 10%.  Turns out that the margin was 28 percentage point s, mostly because of President Donald Trump's endorsement. Time magazine had a particularly convictive article, starting with:   For more than a year, Republicans beseeched President Donald Trump’s advisers in the White House with a simple ask: if he couldn’t find his way to endorsing Sen. John Cornyn , could he at least keep his mouth shut?   Further: The point is that Cornyn would have beaten current Democratic Texas state representative James Talarico, who is 37 years old.  At minimal cost. Now, the speculation is that the national Republican Party will need to...

Part 2: EVOLUTION OF HUMANITY

My series on evolution began last Sunday with  THE EVOLUTION OF RELIGION .  But before I get into Humanity, some speculations on the future of the Iran War:  I asked Google AI: How long do you think the Iran War will last? Not much of a response:    The duration of the war will largely depend on the success of these targeted strikes, Iran's ability to resist, and the willingness of all sides to seek. Repeated what has been mentioned in the past: President Donald Trump expects the war to last 4 to 5 weeks. Israel thinks this will go on for months. Iran wants a slow, protracted war of attrition. In other words, who really knows how long the Iran War will last. The weekend price of WTI crude oil is $99.30/barrel and Brent crude at $103.89/barrel.  Google AI:  what do you think the price of oil will be early this coming week and into the future? Bullish Pressure : Continued military activity near Kharg Island and the Strait of Hormuz is keeping supply rest...