It’s the oil, stupid! Insurgency and war on a sea of oil
Events in Iraq are headline news everywhere, and once again, there is no mention of the issue that underlies much of the violence: control of Iraqi oil.
Events in Iraq are headline news everywhere, and once again, there is no mention of the issue that underlies much of the violence: control of Iraqi oil.
Given the ethnic turmoil in Iraq triggered by ISIL’s recent seizure of towns in Iraq’s North and West it is uncertain how this will impact on oil production in the Shia controlled South, from where the bulk of Iraq’s oil exports come from.
A weekly review including: Oil and the Global Economy, The Middle East & North Africa, China, Ukraine, Quote of the Week, The Briefs.
What if technology does advance, but not enough, and what if the price of oil is high, but not high enough to justify bringing it out of the ground at the RATE required for the smooth functioning of global society? What then?
New York oil prices rose sharply on Monday due to the usual hopes for an economic recovery and threats to Middle Eastern oil exports.
A weekly review including: Oil and the Global Economy, The Middle East & North Africa, China, Ukraine, Quote of the Week, The Briefs.
A weekly update on energy news.
The idea of blending sports action with a story about the Enbridge’s Northern Gateway pipeline project first came to filmmakers Anthony Bonello and Nicolas Teichrob not long after Hann’s paddling adventure.
Most climate activists believe that talking about limitations on fossil fuel supplies hurts their argument for swift, decisive action on climate change. Nothing could be further from the truth.
A weekly review including, Oil and the Global Economy, The Middle East & North Africa, China, Ukraine, Quote of the Week, The Briefs.
In this installment we discuss the potential role of renewable energy in transition and macroeconomic models in the face of supply constraints.
On May 21 the Los Angeles Times reported that “Federal energy authorities have slashed by 96% the estimated amount of recoverable oil buried in California’s vast Monterey Shale deposits…”