Insight and inspiration in turbulent times.
Crude crossroads: Azerbaijan is not only a major oil producer and port but also sits in a strategic and volatile place on the Caspian, bordered not only by its bitter enemy Armenia but also by Russia, Iran, and Georgia.
Often overlooked, rubber could as easily bring the economy to a halt as oil could.
Dubbed “NOPEC”, a bill passed by the US Senate Judiciary Committee would allow legal action to be taken against cartels such as OPEC, said Senator Patrick Leahy, one of the bill’s co-sponsors.
THE world faces a global oil supply shortage after 2007, which would threaten economic growth, according to new research by the Oil Depletion Analysis Centre (Odac) which says that not enough major new fields will come on stream to offset declines .
Seats at the LNG supply table for California are dominated by the high rollers of the oil business and if you are not at the table then you are not in the game.
We have become much more efficient in our use of oil since the 1970s, claim the analysts, and therefore higher oil prices will only have a modest upward impact on inflation. Although the statement is true, the concept masks a lot of dirty little problems.
Undoubtedly, the most important question to try to resolve in modelling future world oil production is the true size of Middle East reserves. It is obvious that the official reports of remaining reserves are grossly unreliable.
The British may waste more food than any other nation, throwing out 30-40% of all the produce they buy and grow each year, according to research. … modern food production methods may appear efficient, “but the reality is that large-scale manufacturing and rigid supply chains are creating very significant quantities of waste”.
Thackara is interested in more than analyzing efforts and predicting trends. He wants design to help create a better future. But many trends and opportunities to build what’s necessary for that future converge in the local.
Between them, the Christian and neocon right, the enviro-left, and the mullahs of the Middle East may finally achieve what a young Thatcherite once dreamt of. The geo-neocon-green movement may have arrived. Just in time.
Indonesia, Southeast Asia’s only OPEC member, may become a net oil importer this year as projects led by ConocoPhillips, Unocal Corp. and PetroChina Co. fail to stem falling output, helping to boost fuel prices to records.
Robert Ebel of CSIS, Washington, talks to Global Public Media’s Julian Darley about the difficulties that Russian oil and gas production now faces. He also comments on US energy policy and the new Oilfields Megaprojects Report.
