Diplomatic efforts are underway to diffuse tensions between Russia and the West following the overthrow of Ukrainian President Yanukovych. Should tensions escalate, one risk is the disruption of gas supplies from Russia to Europe via the Ukraine.
Articles: peak oil (167)
Tony Abbott says it's the carbon tax that's hitting Qantas. This article tells it differently.
When I saw for the first time the data about oil production in Yemen, I was so impressed that I wanted to know more.
Steve Kopits recently gave a presentation explaining our current predicament: the cost of oil extraction has been rising rapidly (10.9% per year) but oil prices have been flat.
Like many others who preceded us, our "civilisation" faces an Energy Crisis of megawattic proportions, which threatens to bring an end to our brief joyride.
A weekly review including: Oil and the Global Economy, The Middle East & North Africa, Venezuela, Ukraine, Quote of the Week, The Briefs.
This month alone has seen riots kick-off in Venezuela, Bosnia, Ukraine, Iceland, and Thailand. This is not a coincidence.
New York oil futures have traded between $102-103 this week settling at $102.59 on Wednesday after the weekly stocks report showed little change in crude inventories, but a million barrel decline in the stocks held at Cushing, Okla.
Steven Kopits, Managing Director, Douglas-Westwood talks peak oil and oil markets.
A weekly update including: Oil and the Global Economy, The Middle East & North Africa, Venezuela, Quote of the Week, The Briefs