Wednesday, April 23, 2014

Binocular Snapshot for 04/23/2014


LastDayWatchers know that

Unshackling Iranian hydrocarbons would be one of the best medium-term solutions to any European energy pinch, whatever its cause, an existing pipeline to carry Iranian gas to Turkey could be the first stage in further distribution of that gas elsewhere in Europe.

Such arrangements, in addition to any exports of LNG from Iran, would increase options and lower risk for the West in any sanctioning, or threat of sanctions, against Russia.

Increased Iranian export of oil, which is a more globally fungible product with worldwide prices, would reduce Russia's revenue because of downward pressure on the price of its oil, even without any sanctions, the sanctions campaign against Iran, which has gone on so long with such automaticity that means have become confused with ends, has been carried out with little regard for the damage the sanctions inflict on our own interests.

The Texas city of more than 104,000, suffering the worst drought on record, is about to become the first place in the U.S. to treat sewage and pump it directly back to residents.

People who live in Wichita Falls, northwest of Dallas on the Oklahoma border, say they’ll buy more bottled water and try not to think about what’s flowing through their pipes when they bathe, brush their teeth and make soup.