• 3 minutes Will Iron-Air batteries REALLY change things?
  • 7 minutes Natural gas mobility for heavy duty trucks
  • 11 minutes NordStream2
  • 1 hour GREEN NEW DEAL = BLIZZARD OF LIES
  • 5 hours Evergrande is going Belly Up.
  • 2 hours World’s Biggest Battery In California Overheats, Shuts Down
  • 15 hours U.S. Presidential Elections Status - Electoral Votes
  • 6 hours Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 9 hours Poland Expands LNG Powered Trucking and Fueling Stations
  • 1 day And now, hybrid electric locomotives...
  • 16 hours Ozone layer destruction driving global warming
  • 1 day The unexpected loss of output from wind turbines compels UK to turn to an alternative; It's not what you think!
  • 14 hours The coming Cyber Attack
  • 14 hours Is the Republican Party going to perpetuate lies about the 2020 election and attempt to whitewash what happened on January 6th?
  • 17 hours 'Get A Loan,' Commerce Chief Tells Unpaid Federal Workers
  • 2 days The Painful Death of Coal
Editorial Dept

Editorial Dept

More Info

Algeria Hostage Crisis - Look to Mali for Answers

Incident: Islamic militants generally based in Mali launched an attack on Monday/Tuesday on a BP-operated gas field in the neighboring Algerian Sahara desert. They took over 600 hostages from 10 different countries. The bulk of the hostages appear to have been freed by the militants just ahead of an Algerian Special Forces raid, which itself killed some 35 hostages and 15 of the estimated 20 militants. A number of hostages remain unaccounted for, including Americans and Britons.

Bottom Line: While this crisis went down over 1,000 kilometers from the Algerian capital, Algiers, and is about Mali—not Algeria—it will reverberate throughout Algeria, on to Niger and across the Sahel. But it benefits the French, who now control this area of Algerian airspace and will likely look to securing their significant uranium supplies in Niger.

Analysis: Nearly two-thirds of Mali’s entire territory is now occupied by armed Islamists. The Mali military staged a coup in March 2012, timed one month before presidential elections. They ousted President Amadou Toumani Toure on the pretext that his administration had failed to deal with the Tuareg, who have been pursuing independence for “Azawad” (Northern Mali) since the 1960s. 

The coup leader was Pentagon favorite Amadou Haya Sanogo, who was trained in the US and by AFRICOM and was viewed in Washington as a strong ally in the fight against terrorism and particularly against the solidifying…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News