Energy-Inspired Geopolitical Rivalry Coming To A Head
As the BTC Pipeline Nears Completion, America & Russia Make Their Respective Moves Seeking Strategic Control Over Caspian Energy Resources
As the BTC Pipeline Nears Completion, America & Russia Make Their Respective Moves Seeking Strategic Control Over Caspian Energy Resources
Differing interpretations of control over Iraq’s oil revenues emerged on Tuesday in Baghdad, potentially calling into question the financial independence to be ceded to the interim government that is due to take charge of the country in July.
I avoid the New York Times but lately, it’s become a compulsion, though only for the new daily column titled, “Names of the Dead.” Today’s listing: “DERVISHI, Ervin, 21, Pfc, Army. Fort Worth.”
Geologists and analysts have been saying for some time that estimates of global oil reserves may be dangerously exaggerated. The oil industry has been gripped by scandal since Royal Dutch/Shell twice this year downgraded its proven oil reserves by 20 per cent, or nearly 4bn barrels. Shell may not be alone. Other companies and even governments have hyped up the estimates of how much oil they have, which is a vital factor in measuring their economic health…. About four-fifths of the world’s known oil reserves lie in politically unstable or contested regions.
WASHINGTON (Reuters) – Saudi Arabia’s ambassador to the United States, Prince Bandar bin Sultan, promised President Bush the Saudis would cut oil prices before November to ensure the U.S. economy is strong on election day, journalist Bob Woodward said in a television interview on Sunday.
Richard Heinberg is a professor at the Santa Rosa branch of the New College of California, where he teaches courses on Culture, Ecology and Sustainable Community.
In a few years, the global production of conventional oil will fall, while the global demand continues to rise. The resulting shock of this structural oil famine is inevitable, so great are the dependency of our economies on cheap oil and. related to the first, our inability to wean ourselves from this dependency in a short period of time.
In this two-part analysis, Stan Goff exposes the underlying forces driving the current crisis in Haiti. The recent coup d’etat is only the latest in two centuries of violent transfers of power in that country – but today the regional balance of forces is refreshingly new.
A transcription of a talk given to the “Truth and Consequences” Anti-War Forum at the University of Maine, Augusta, Maine, on March 20, 2004.
Once upon a time there were four American oil companies that controlled the world of oil. Their names were Exxon, Mobil, Chevron and Texaco. But in the past 40 years, the world of oil has been turned upside down.
When first assuming office in early 2001, President George W. Bush’s top foreign policy priority was to increase the flow of petroleum from suppliers abroad to U.S. markets.
Here we have former US Treasury Secretary Paul O’Neill disclosing that George Bush came into office planning to overthrow Saddam Hussein, and MSNBC polls its audience with the question, Did O’Neill Betray Bush?