China: 1.3 billion reasons to worry about oil
American leaders have good reason to worry about the price of oil. Oil price shocks can play a decisive role in ending a presidency, as in the cases of Presidents Jimmy Carter and George H. W. Bush.
China’s crude oil imports in July up nearly 40% year-on-year
China’s imports of crude oil in the first seven months rose nearly 40 percent from a year ago as the energy-hungry economy expanded at close to double-digit levels, state press reported.
(Temporary) Continuance of the American Way of Life At State in Iraq
The American government officials and presidential candidates of both parties know all about Peak Oil and the fact that (UNDER ALL CIRCUMSTANCES) the American way of life (as we know it) is nearing its end.
Historia Bush (excerpt)
Panicked by looming peak oil, the Bush administration jettisoned the Constitution and international law in a grab for the Middle East bonanza. They thought to control the region, but that is quite impossible.
OPEC President Retracts Slip Of The Tongue – But Reality Is Grim
OPEC first confirms then denies then confirms again that it is pumping at full capacity amid questions about Saudi Arabia’s reserves.
Foreign companies bidding for newly discovered oil field in Iran
Foreign companies are rushing to win bids for development of a new oil field discovered in the southwestern province of Khuzestan with recoverable reserves of around three billion barrels.
The coming global recession in 2005
A recession may be looming especially with the unprecedented rise in world oil prices, which have historically presaged every recession in America. Add to this fears that Saudi Arabian oil production may be peaking.
Shell ‘could be target for Total’
Oil giant Shell could be bracing itself for a takeover attempt, possibly from French rival Total, a report claims.
What exactly is at stake in Venezuela’s presidential recall referendum today?
It is surprising that the media - left media included - has been relatively silent regarding Venezuela’s upcoming presidential recall referendum.
Japan’s trade minister rejects US demand to give up oil deal with Iran
Japan’s Trade Minister Shoichi Nakagawa said Sunday his country has no intention of changing its policy of pursuing an oil development deal with Iran due to a US request to reconsider.
The Connection: Water and Energy Security
The energy security of the United States is closely linked to the state of its water resources.
Lights Out in the Dominican Republic
In recent months, the companies, led by AES, which is based in Arlington, Va., have occasionally cut off electricity to the nation’s distribution grid, contending that because the government has not paid its bills, they cannot import the natural gas and oil needed to fuel their operations. That decision has placed the companies at the center of a political and economic maelstrom over blackouts lasting as long as 20 hours a day.
