Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.
- Russian Oil Tycoon: US Shale Boom Is 'On-Par' With Dot-Com Bubble (Myles Udland, Business Insider) Russian oil tycoon Leonid Fedun thinks that OPEC is on a mission to get rid of the "marginal" (high production cost) oil players in the U.S. shale market. For how this price war will impact oil patch players, see the next article.
- Oil Bust of 1986 Reminds U.S. Drillers of Price War Risks (Asjylyn, Bloomberg) Back in the day U.S. oil services companies were really hurt. These companies run on credit and if they can't service their debt things could get gruesome.
- Talking to James Risen about Pay any Price, The War on Terror and Press Freedoms (Glenn Greenwald, The Intercept) Hat tip to Rob Carter. An interview with the Pulitzer Prize winner in 2005 for exposing the NSA warrantless eavesdropping program about his new book Pay Any Price: Greed, Power and Endless War which focuses on the role corporate profiteering plays in the War on Terror.
- Articles about events, conflicts and disease around the world
Darren Wilson Resigns From Ferguson Police Department (Huffington Post)
Kareem Abdul-Jabbar: White People Feel Targeted by the Ferguson Protests—Welcome to Our World (Time) Hat tip to Rob Carter.
WHO reports sharp rise in Ebola deaths (Al Jazeera)
Turkey wants to renew gas deal, Russian energy minister says (Huuriyet Daily News)
America’s Middle East Challenges (Project Syndicate) Former U.S. Assistant Secretary of State Christopher Hill says U.S. foreign policy vis a vis Iran and the Arab world has reached an impasse.
Mother of German MH17 victim sues Ukraine (Al Jazeera)
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