High oil prices reinforce world oil demand
“By 2007 at latest, any Saudi princes that might remain in power will have had their pumping capacity bluff called many times over!”
An oil shock would rattle the entire world’s economies
The oil price, in dollar terms at least, is now the highest it has been since 1990. It was soaring oil prices that tipped the world into three of the last four world recessions — the early ’70s, the early ’80s and the early ’90s — so there is an obvious concern. Add in the fact that the two countries with the largest oil reserves, Saudi Arabia and Iraq, are not in the most stable condition.
How to profit from the coming energy crisis: Stephen Leeb audio interview
Stephen Leeb, co-author of The Oil Factor: Protect Yourself – AND PROFIT – from the Coming Energy Crisis talks about ever higher oil prices and how to profit from it.
Coal supplies dwindle at U.S. power plants
NEW YORK — Coal supplies at U.S. power plants are at their lowest levels in more than three years, sparking concern of possible blackouts this summer when demand is heavy for electricity to power air conditioners.
The Oil Crunch
New York Times columnist Paul Krugman on peak oil.
US: Natural Gas Supply, Demand and Pricing
Financial columnist Andrew Weissman predicts high energy prices for the US.
The fall of the House of Saud.
Americans have long considered Saudi Arabia the one constant in the Arab Middle East–a source of cheap oil, political stability, and lucrative business relationships. But the country is run by an increasingly dysfunctional royal family that has been funding militant Islamic movements abroad in an attempt to protect itself from them at home.
LEE Raymond CEO of EXXON MOBILE ON Charlie Rose
Lee Raymond CEO of Exxon Mobile
Concerned over shortage,China subsidizes peasants to grow more grain
Declining grain output and mounting concerns over food security seem to alarm Chinese leaders again as central and local governments vow to subsidize the world’s greatest number of peasants to grow more grain.
Energy-Inspired Geopolitical Rivalry Coming To A Head
As the BTC Pipeline Nears Completion, America & Russia Make Their Respective Moves Seeking Strategic Control Over Caspian Energy Resources
Doubts surface on control of Iraq oil revenue
Differing interpretations of control over Iraq’s oil revenues emerged on Tuesday in Baghdad, potentially calling into question the financial independence to be ceded to the interim government that is due to take charge of the country in July.
Global Climate Change and Peak Oil – Part II
Abrupt climate change. We will look at the oceans’ role in the climate, the ocean conveyer system, the history of abrupt climate change episodes, and the effect of these episodes upon previous civilizations.
