In this issue

Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review June 7, 2007 / 21 Sivan, 5767

Both parties suffering political schizophrenia

By Bob Tyrrell

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http://www.JewishWorldReview.com | Who are the major producers of oil in the world? The unsettling answer is Saudi Arabia and Russia. They produce about 9 million barrels of oil a day. And who are the world's major producers of natural gas? Again the answer is unsettling, Iran and Russia. There are students of geopolitics with a special knowledge of energy resources who worry about this. One, the economist Philip K. Verleger, Jr., believes that with regard to Russia and its energy reserves, we are in the second round of the Cold War.

As spring evanesces into summer and Americans take to the road in their gas-guzzlers, leaving their homes with air conditioners on high, it is perhaps an auspicious time to consider our energy needs. The presidential candidates, hustling for their parties' presidential nominations, tell us that they are going to make us "energy independent." At the same time they also tell us that $3-a-gallon gasoline at the pump is highway robbery. Some announce that they are going to investigate the oil companies. This is political schizophrenia. We cannot approach energy independence and maintain cheap oil prices simultaneously. In fact, in the near future neither goal is possible. America, with 5 percent of the world's population, uses 25 percent of the world's oil. And right now the world is consuming about as many barrels of oil a day as it is producing, which is 85 million barrels. In terms of oil production, the world is now at what is called "peak production."

The price of oil on the world market today is in the neighborhood of $70 a barrel, and Americans are complaining about paying more than $3 a gallon for gasoline. But by the end of the summer the world will be consuming over 85 million barrels of oil. The economies of the world's leading oil consumers, China and the United States, are that strong. Thus, oil experts such as Boone Pickens predict $80-a-barrel oil by the end of the year. He doubts that the world can produce more than 85 million barrels a day. That means the price of gasoline will be even higher than $3 a gallon. Verleger predicts $100-a-barrel oil before the end of 2008. Imagine what you will be paying for a gallon of gas then.

Russia might regain its old position as a superpower on the basis of its oil and natural gas holdings alone. Verleger cites a 2006 article in the Financial Times that suggests this is very much on President Vladimir Putin's mind. "As a city official in St. Petersburg," Neil Buckley wrote in the FT, "he studied part time at the city's State Mining Institute and wrote a dissertation entitled 'Mineral Raw Materials in the Strategy for Development of the Russian Economy.' In it he argued Russia's rich natural resource base would secure not only its economic future but also its international position."

So let the presidential contenders begin their debate on energy independence, or at least an energy policy. With oil at $70 a barrel and moving upward, energy alternatives are more feasible. Pickens mentions ethanol and biodiesel. His favorite is nuclear, as he noted this month in the Dallas Business Journal. "It's clean. There have been no accidents with it, and you can get rid of the waste." He calls it the "fuel of the future."

Peak production of oil, however, is here and now. The world consumes 30 billion barrels of oil annually. Producers have not been able to replace 30 billion barrels of oil into the world oil supply since 1985. There are no vast reservoirs of oil left. Simple market forces are going to coax the United States toward oil alternatives. In the meantime, however, Russia, Saudi Arabia and Iran are going to be prospering from our oil purchases, and Russia may emerge as a superpower.

Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

JWR contributor Bob Tyrrell is editor in chief of The American Spectator. Comment by clicking here.


© 2006, Creators Syndicate