On Putin and Energy

John McCain once said that Russia is an old gas station masquerading as a country. It’s interesting to look at the relationship between Crude oil prices and Putin’s aggressive adventures. Over the last 10 years the crude oil price has averaged about $ 65 per barrel. But look at  this: Sep 2008:   Russian-Georgian war           Oil Price $148Continue reading “On Putin and Energy”

On Afghanistan

In December 1979, the Soviet Union invaded Afghanistan to prop up a Marxist regime which had taken power the year before.  Over nine years later, having spent over $200 billion, and suffered 15,000 troop fatalities, 35,000 wounded, having incurred substantial material losses, and having killed between 600,000 and 2 million Afghanis, they exited the country, leavingContinue reading “On Afghanistan”