Suman Bhattacharyya, The Fiscal Times: The US Now Has More Oil Reserves Than Saudi Arabia or Russia
The shale boom has catapulted the U.S. energy industry to new heights: A new estimate shows that America is now the world’s No. 1 in oil reserves.
The independent estimate by Rystad Energy shows that the U.S. holds 264 billion barrels of recoverable oil from existing fields, discoveries and yet undiscovered fields. This beats out second-place Russia (256 billion barrels), Saudi Arabia (212 billion barrels) and Iran (143 billion barrels), according to the Norway-based oil and gas consultancy.
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Commentaries, Analysis, And Editorials -- July 7, 2016
Iraq: The World Capital of Terrorism -- Uri Friedman, The Atlantoc
To defeat ISIS's widening reach: think global, act local -- Howard LaFranchi, CSM
How the disunity among UN agencies is failing Syria -- Roger Hearn, Al Jazeera
There’s a Machiavellian Method to the ISIS Madness -- Christopher Dickey, Daily Beast
The US and Russia may have just sealed Al Qaeda's fate in Syria -- Natasha Bertrand, Business Insider
Learning From the Errors of Iraq -- Bloomberg editorial
Can Erdoğan reinvent himself? -- Semith Idiz, Hurriyet Daily news
Is General Hifter becoming Putin's man in Libya? -- Yury Barmin, Al Monitor
Chilling lessons for the world from Australia's election -- Stephen Grenville, Nikkei Asian Review
How Might China React If The Hague Rules in Philippines' Favor? -- Wendell Minnick, Defense News
US sanctions North Korea over human rights: What effect will it have? -- Gretel Kauffman, CSM
NATO Can Reduce the Threat of Escalation With Russia -- Leonid Bershidsky, Bloomberg
Does NATO Still Exist? -- Jochen Bittner, New York Times
Spain looks to Canada for some clarity on separatism -- Konrad Yakabuski, The Globe and Mail
A Distracted Europe Leaves Ukraine Vulnerable -- Leonid Bershidsky, Bloomberg