Energy tsunami unleashed

An energy tsunami formed due to a number of multi-billion dollar energy deals in oil and gas involving Iran, India, Russia and China has been unleashed in Asia, with great economic and political implications for the United States in particular and our global society in general.

Why the West is riding for a fall

A little book with a big title, Dark Age Ahead, published last year, tracked the ebbs and flows of civilisations over centuries. It came to this chilling conclusion: “We show signs of rushing headlong into a Dark Age.” Not slipping towards a Dark Age. Rushing.

Stuck In Reverse: Why can’t Detroit mend its gas-guzzling ways?

[Retooling Detroit for fuel-efficient vehicles] would be a good thing, since time is running out — whether it’s measured in terms of climate change, our dependence on foreign oil, or the national security risks inherent in that dependence. Meanwhile, the benefits of such a solution — cleaner air, lower fuel prices, energy independence — are immeasurable.

Dollar on an oily slope

The unabated rise of international oil prices and depreciation of the dollar will push economic growth in the US down to about 2.5% in 2005, but will have little impact on economic growth in the European Union, where growth is expected to accelerate modestly.