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The View from the Summit of Hubbert’s Peak
““Understanding depletion is simple. Think of an Irish pub. The glass starts full and ends empty. There are only so many more drinks to closing time. It’s the same with oil.” – Colin J. Campbell
March 14, 2005
The Militarisation Of Oil
Oil prices spiked to record levels last week, propelled by a rally in petrol prices and a cold snap in the northern hemisphere, against the backdrop of a tight balance between supply and demand. Yes, that’s right, basic “supply/demand,” not “political turbulence in the Middle East.”
March 10, 2005
Oil: The Dividing Line Of The New Cold War
Virtually all of the recent political machinations in the region, including, not only the Iraq war, but also developments in Iran, and the Ukraine’s recently disputed Presidential election, can be best understood through the prism of oil pipeline politics.
December 7, 2004
No October Surprise
An oil shock potentially endangering U.S. national security and economic interests is the last thing a debt-saturated America, embarking on expensive overseas ventures, needs right now. Yet that appears to be where we are headed today.
November 11, 2004
Oil: It’s Supply And Demand, Stupid!
The dearth of oil and the corresponding need to ensure adequate supply amidst burgeoning demand is viewed as a matter of economic survival. Supply/demand dynamics therefore will fuel America’s hegemonistic impulse and heighten the very geopolitical uncertainties which have given rise to this alleged political risk premium in the oil markets.
September 20, 2004
Putin And The Geopolitics Of Oil
The geopolitics of oil today suggest a backdrop looking less like a benign, happily globalised “one world economy” dominated by America Inc and its assorted “branch plants”, and more a massive, overextended military power fighting a dangerous, and ultimately losing, battle against an angry, resistant globe, of which Russia is but one more growing manifestation.
August 30, 2004
