Warning by Yukos drives oil prices up
World oil prices rose on Thursday after Russia’s largest oil producer, Yukos, said a court ruling “paralyzes” the company’s operations.
World oil prices rose on Thursday after Russia’s largest oil producer, Yukos, said a court ruling “paralyzes” the company’s operations.
A development of oil and gas reserves could break a geopolitical logjam between Russia and Japan that has endured since World War II.
Soaring oil prices have raised the stakes in China’s game of brinkmanship over the hotly disputed Spratly Islands, with the Philippines this week becoming the first rival claimant to break ranks.
All you need to know about Peak Oil in 5 Minutes. Delightful cartoon presentation in four parts.
This is a detective story that gets to the innermost core of the 9/11 attacks. It places 9/11 at the center of a desperate new America, created by specific, named individuals in preparation for Peak Oil: an economic crisis like nothing the world has ever seen.
What’s really behind the recent redeployment of U.S. military forces? Making sure no one messes with American access to global energy resources. An excerpt from “Oil: Anatomy of an Industry.”
The development and the causes of the Inflationary Boom of the 1920s and provides a basis for comparison with the economic policies of modern-day China. This time, however, the bust may be triggered by peak oil.
Extra troops are deploying to the southern Nigerian city of Port Harcourt in support of police battling armed gangs linked to local political groups and an illicit trade in stolen crude.
There’s a growing consensus among experts that the most recent wave of oil price hikes is not mainly the result of market manipulation, refining bottlenecks, or the Iraq occupation but the harbinger of the long-predicted depletion of the world’s extractable oil reserves.
North America’s crude oil resources have been so thoroughly explored and developed that experts believe that there is hardly any left to find, except perhaps in the deep waters of the Gulf of Mexico.
The Association for the Study of Peak Oil and Gas’s September newsletter is essential reading.
The former New Zealand minister for the environment and now chairman of the OECD roundtable for sustainable development wrote in 1997 of his knowledge of the impending global oil peak, but did he really understand the implications of what he was saying?