Indonesia short on LNG commitments

Indonesia said it may need to buy 54 spot cargoes of LNG between 2005-2007 to meet its overseas sales commitments. Indonesia is the world’s top exporter of LNG, but has been struggling to meet its contractual commitments for the super-cooled, compressed gas as output has declined and supplies have been diverted to the domestic market, mainly to fertiliser plants.

Bush’s ruinous economic plans

There’s a growing consensus among experts that the most recent wave of oil price hikes is not mainly the result of market manipulation, refining bottlenecks, or the Iraq occupation but the harbinger of the long-predicted depletion of the world’s extractable oil reserves.

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.