The Azeri oil deal

When the Soviet Union crumbled, oil in the Caspian region — a remote, rather barbaric, highly romanticized region — was accessible to the west for the first time in history. The race was on, as Big Oil and all manner of adventurers, dealmakers, and political operatives traveled to one of the most corrupt and dangerous neighborhoods on earth to embark on a new Great Game with massive geopolitical and strategic implications. (Excerpt from a new book, The Oil and the Glory.)

Geopolitics – Nov 13

High oil prices push giant shifts in wealth, power
Indian ties with Russia to reach ‘great heights’: PM
Rebuttal to NY Times Venezuela article
The means don’t justify the end over oil
Venezuela proposes OPEC change oil pricing method

None dare say it was for oil

Many inconvenient questions come tumbling out of the assertion that the Iraq War is about oil. …The simple fact is that if the Iraq War is really about oil (and I believe that it is), then this means that the current official story, namely, that a smooth, seamless transition to a post-oil economy is underway, is something that even the [Bush] administration itself does not believe.

Oil price impacts – Nov 8

Big Oil struggles with high costs
The slippery slope of rising oil prices

Greenspan: Economy will acclimate to $100 oil
$100 oil forces new energy policy on U.S.
Analysts say burden could spur recession
$100 oil would have a big political impact
As energy prices soar, industries collide
BP CEO: ‘Era of cheap energy is behind us’
This doorstopper opens our eyes to the energy crisis (IEA report)