Peak Oil Review – Apr 14
A weekly review including: Oil and the Global Economy, The Middle East & North Africa, Ukraine, China, Quote of the Week, The Briefs
A weekly review including: Oil and the Global Economy, The Middle East & North Africa, Ukraine, China, Quote of the Week, The Briefs
•Why US fracking companies are licking their lips over Ukraine •Putin tells Europe Ukraine gas debt ‘critical’, transit threatened •Cheniere cheif plays down US gas claims •The Absurdity of US Natural Gas Exports •Everyone’s getting excited about US oil independence. Not so fast. •Russia’s South Stream pipeline in deep freeze as EU tightens sanctions noose
If the US could supply Europe with large amounts of fuel, that would reduce the Continent’s dependency on Russia while depriving Putin of needed revenues.
A weekly review including Oil and the Global Economy, The Middle East & North Africa, The Ukrainian Situation, Quote of the Week, The Briefs.
East-West tensions spiralled to levels not seen since the end of the cold war as Russia annexed Crimea this week.
New York oil prices have climbed about $1 a barrel this week closing on Wednesday at $100.29, while London oil slipped to close at $105.85 on hopes that the Ukrainian situation will not lead to a curtailment of oil supplies to Europe.
A weekly review including Oil and the Global Economy, The Middle East & North Africa, Ukraine, Quote of the Week, The Briefs
As a former correspondent in Kiev, Moscow and Georgia I find the attempt to link the Ukraine conflict with pipelines and natural resources is highly debatable.
A weekly update including Oil and the Global Economy, The Middle East & North Africa, China, Quote of the Week, The Briefs.
Resource scarcity, competition to dominate Eurasian energy corridors, are behind Russian militarism and US interference.
This week’s trading has been dominated by the Ukrainian situation which sent Brent crude surging by $3 a barrel on Monday before falling to close at $107.76 — nearly $1.50 below where it started on Monday.
A weekly review including: Oil and the Global Economy, The Middle East & North Africa, Venezuela, Ukraine, Quote of the Week, The Briefs.