Insight and inspiration in turbulent times.
EU energy strategy focuses on Russia, China /
The Great Game in Somalia /
American Theocracy /
Nigeria’s oil delta faces escalation of violence /
The Resource Curse: The Pumping and Plundering of West African Oil (audio)
As the price of oil increased rapidly in recent years, exporting nations that had foreign oil companies operating within their borders looked at the unprecedented profits being earned by IOCs and began asking, “Why aren’t we making that money; it’s our oil?”
Lugar: energy more important than Al Qaeda / Chomsky: Why it’s over for America (energy & imperial overstretch) / Africa battles ‘oil curse’ / Greenspan to testify June 7 on oil and the economy / Matthew Modine: Tinseltown’s rainbow warrior / Robert Redford: Kicking the oil habit/ Iran’s territorial disputes with its Caspian sea neighbors
Gazprom nation / Carter’s energy policies look good / Russia Stock Exchange starts trading in contracts for oil and oil products
Putin faces energy shootout /
OPEC invites Sudan to join oil cartel / Kazakh oil begins flowing into China / Fears for demand as China lifts gasoline, diesel prices
Center for American Progress: kicking Our oil addiction / Russian view: energy security is a non-zero-sum game / Concern soars over energy demand in Russia / Indian diplomat: the Great Game’ comes to South Asia
News reports flitting across computer screens these days seem increasingly to be related to the subject of energy. But what do they signify? The modern world affairs analyst is in little better position to discern the patterns and portents than was his or her ancient Roman counterpart, the reader of entrails.
If the dollar collapses who knows what that will do to commodities? Could commodity markets be created in other currencies? Yes, but these markets will be regional markets, not global ones.
Hilary Clinton lays out energy plan / IEA:
Russia ‘fails to meet gas need’ / The great Iraq oil grab
Venezuela moves to nationalize its oil industry /
Russia’s energy sector hides weaknesses behind powerful facade / Middle America: welcome to the centre of the USA / Norway: the oil country that’s got it all – but is still saving for tomorrow
Jeff Vail: The Great Game / Klare: Less oil, more wars / Thomas Friedman lays out his “laws of petropolitics” / The deep breath before the plunge
The announcement by President Putin of a Russian bourse trading oil and gas in Roubles
threatens the stability of the US Dollar far more than Iran’s bourse alone would do,
and continues the slide in relations between the old Cold War foes.
