• 4 minutes 2nd Annual Great Oil Price Prediction Challenge of 2019
  • 7 minutes Nucelar Deal Is Dead? Iran Distances Itself Further From ND, Alarming Russia And France
  • 10 minutes Don Jr. Tweets name Ukraine Whistleblower, Eric Ciaramella. Worked for CIA during Obama Administration, Hold over to Trump National Security Counsel under Gen McCallister, more . . . .
  • 13 minutes Shale pioneer Chesepeak will file bankruptcy soon. FINALLY ! The consolidation begins
  • 13 mins More dumbed down? re Hong Kong Act of Congress
  • 8 hours EU has already lost the Trump vs. EU Trade War
  • 3 hours U.S. Shale Output may Start Dropping Next Year
  • 11 hours Pope Proposes New Sin: Thou Shalt Not Destroy The Harmony Of The Environment
  • 6 hours What are the odds of 4 U.S. politicians all having children working for Ukraine Gas Companies?
  • 13 hours Article: Did Exxon only make $39 Million onshore U.S. last quarter ?
  • 8 hours Petroleum Industry Domain Names
  • 6 hours Aramco IPO magic trick
  • 7 hours PennEast Appealing Wacky 3rd Circuit Decision to Supreme Court
  • 3 hours U.S. Shale To Break Records Despite Bearish Rhetoric
  • 18 hours Visualizing Pennsylvania Oil & Gas Production (Through September 2019)
  • 7 hours China 2019 - Orwell was 35 years out
  • 3 hours Crazy Stories From Round The World
  • 12 hours Last I Checked

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…




Oilprice - The No. 1 Source for Oil & Energy News