Insight and inspiration in turbulent times.
Filmed on 27th May 2004 after The APSO 2004 Conference, in this Global Public Media Exclusive Interview, Colin Campbell speaks with Julian Darley in Berlin on The ASPO 2004 Conference, the Rimini Protocol, Shell and Saudi Arabia, and Iraq.
Consultants tell oil group its policies have fed mounting strife in Nigeria, which is home to 10% of its output
After several failed efforts to unseat Venezuela’s popular President Hugo Chavez, the fuel sector of corporate America is getting nervous. Venezuela is growing in prosperity, relying on its own mineral resources and technological patents to build new wealth. Chavez is exactly the kind of indigenous national leader whom American power can’t tolerate.
The problem is easy to describe, but its consequences are fearsome and its solution daunting. The Age of Oil is coming to an end, and the future is precarious. So say two very different new books.
Over the past several years, Bush and his foreign policy team have done something almost no one expected when they took office – they have made Africa a priority. It would be an uplifting story, the fulfillment of countless bleeding-heart dreams, except for one thing. Africa is a Bush priority for one reason: oil.
Iraq’s interim Prime Minister Ayad Allawi said those who attack the country’s power grid and oil pipelines are “traitors” and “not freedom fighters,” and he called on Iraqis to defeat the saboteurs.
World oil demand this year will rise the most since 1980 as economic growth leads to higher-than-expected use in Brazil, India, China and the U.S., the International Energy Agency said.
Now that OPEC has agreed to raise its crude oil production quotas in hopes of taming high and jittery oil prices, industry experts are growing more concerned about both the capacity and the security of oil tankers, the next link in the supply chain.
Full text of a lost speech. “By 2010 we will need on the order of an additional fifty million barrels a day. So where is the oil going to come from?… Oil is unique in that it is so strategic in nature. We are not talking about soapflakes or leisurewear here. Energy is truly fundamental to the world’s economy.”
People complain now about gasoline at $3 per gallon. After Hubbert’s Peak, $7 per gallon will seem cheap.
It is an unfortunate truth about human history that social systems, no matter how unjust, tend to reproduce themselves and that change emerges only from crises.
China’s insatiable, growing appetite for oil will direct future events in the East Asia. It’s not just commodity and stock prices that will be affected either… we maybe looking at a major military conflict in the Far East…
