• 5 minutes Mike Shellman's musings on "Cartoon of the Week"
  • 11 minutes Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
  • 17 minutes WTI @ 67.50, charts show $62.50 next
  • 2 days The Discount Airline Model Is Coming for Europe’s Railways
  • 16 hours Desperate Call or... Erdogan Says Turkey Will Boycott U.S. Electronics
  • 1 day Pakistan: "Heart" Of Terrorism and Global Threat
  • 11 hours Renewable Energy Could "Effectively Be Free" by 2030
  • 4 hours Starvation, horror in Venezuela
  • 12 hours Saudi Fund Wants to Take Tesla Private?
  • 1 day Venezuela set to raise gasoline prices to international levels.
  • 24 hours Are Trump's steel tariffs working? Seems they are!
  • 2 days WTI @ 69.33 headed for $70s - $80s end of August
  • 2 days Scottish Battery ‘Breakthrough’ Could Charge Electric Cars In Seconds
  • 4 hours China goes against US natural gas
  • 1 day Corporations Are Buying More Renewables Than Ever
  • 5 hours Why hydrogen economics does not work
Alt Text

Germany’s Unstoppable Renewable Revolution

Even with policy reversals and…

Alt Text

What Would A Hard Brexit Mean For British Oil?

Despite nearly 14 months of…

Editorial Dept

Editorial Dept

More Info

Trending Discussions

TURKEY: Erdogan Fails to Regain Control

Bottom Line: If Prime Minister Erdogan continues to mismanage a crisis in the form of 7 days running of mass anti-government protests, the highly influential Gulen Movement will surface to unseat him and reshape the country’s energy ambitions.

Analysis: Mass protests that began benignly over plans to raze the last green park in Istanbul and then turned into mass anti-government riots have continued into their seventh day, with the ruling party and PM Erdogan misjudging their power and failing to get a handle on the situation. What is of most concern is the possibility that the Gulen Movement, a highly influential Islamist group, will take advantage of this opportunity to replace Erdogan with President Abdullah Gul, whom Washington views as a more controllable figure, particularly as Washington is keen to keep the Turks from making any more progress towards an economically independent Iraqi Kurdistan, via oil and gas. Indeed, Erdogan has already hinted at “foreign involvement” in the mass protests. In the meantime, President Gul has adopted an extremely conciliatory response to the protesters, which suggests his agenda is not in line with Erdogan’s. Gul has contradicted Erdogan over the past week, and the Gulen Movement’s mouthpiece newspaper, Zaman, is clearly propping Gul up against Erdogan. While the Gulen Movement has supported the AKP in its rise to power, this may be a sign that that support is being withdrawn. This brings into question…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





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