08/18/24

Iran, Iran, Iran — It’s Always Iran

Iran is the world’s largest state sponsor of terrorism acting through Hamas, Hezbollah, the Houthis, and others. They also have their own home grown thugs called the Quds Force which only operates abroad.

The political leader of Hamas, Ismail Haniyeh, greets the actual ruler of Iran, Ayatollah Ali Khamenei, at the inauguration of the titular ruler of Iran, its new President, Masoud Pezeshkian. A short time hereafter, the Israelis assassinated Haniyeh in Teheran in a clever scheme wherein a bomb was placed months earlier in a secure accomodation where Iran hosts visiting terrorists. Boom!

In addition, the Iranians are closing in on a nuclear weapon. Imagine how much fun the Middle East will be when Iran has a nuclear weapon. Continue reading

04/18/16

Oil, Keep An Eye on Oil

Big Red Car here with gasoline prices in the ATX now at a low of $1.69/gallon at Sam’s Club in South Austin where it was about $1.49/gallon less than two months ago. It’s all about the price of oil. Wow!

Still, that is historically cheap.

Big news in the last few days out of Doha — the OPEC + Russia countries were unable to agree to freeze oil production at current levels through the end of 2016.

Saudi oil pic

The fly in the ointment?

You guessed it — Iran.

Continue reading