Insight and inspiration in turbulent times.
The key energy-related issues for these two countries are increasing energy
dependency on imported oil, growing environmental concerns due to the dependency
on coal, transportation and supply problems, and regional geopolitics.
The recent sabotage of Iraq’s oil pipelines has raised fresh concerns about production capacity and room for maneuver in case of a crisis amid firm global oil demand.
Thousands of workers fleeing stepped-up kidnappings by al-Qaida.
Concern that the European Commission could gain control of Britain’s North Sea oil resurfaced last night.
“We went into Iraq with ideological lenses. If you start with a rosy scenario and work backward, you’re in a world of shit. And that’s where we are,” said Naval War College professor, Ahmed S. Hashim.
Escalating sabotage against pipelines in Iraq is heightening fears that terrorists are planning a wholesale assault on energy targets throughout the region and are taking aim at the world’s largest oil supplier — Saudi Arabia.
Richard Heinberg speaking to Lynn Gary on Unwelcome Guests SHOW #206 9 May 2004 Dwindling Oil and 9/11 – Part 4 of the International Inquiry on 911’s Unanswered Questions
With all Iraq’s oil exports halted by sabotage, gunmen killed a top Iraqi oil official on Wednesday in a new blow to an interim government reeling from violence two weeks before U.S.-led occupation formally ends.
Last month, the Angolan government did something startling: it announced that an oil deal signed with ChevronTexaco would bring the country $300 million.
Islamist terrorists targeting Westerners in Saudi Arabia continues to raise security concerns despite assurances from authorities that the situation has not reached “crisis levels,” as the kingdom’s Islamic Affairs minister claims.
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.
