How Russia Is About to Dramatically Change the World | theTrumpet.com

Posted by Matt in January 9th, 2010 | no comment

Published in Oil, Russia, Asia, Balance Of Power, Church Of God, Columns, Europe, Few Days, Global Balance, Global Economy, New Oil, Oil Exporter, Oil Pipeline, Philadelphia Church Of God, Ramifications, Russia, Saudi-Arabia, Shape

Over the next few days, Russia will change the world. It has completed a new oil pipeline and port complex that sets Russia up to become a more powerful oil exporter than Saudi Arabia. The ramifications for Europe and Asia are profound: The shape of the global economy—and the global balance of power—will be altered [...]

The Past Is Not Quite Past

Posted by Matt in September 29th, 2009 | no comment

Published in Geopolitical, History, Arabs, Billions Of Dollars, Bush, Dictatorship, Global Prices, Iran, Israel, KGB, Lucrative Trade, New Oil, Nuclear Power, Oil Profits, Oil States, Proper Question, Risk, Russia, Thug, Western Europeans

In other words, Iran is a win/win/win deal for a Russian dictatorship, always was and probably will be. We wonder why is Putin causing trouble, or why did Bush offend him? The only proper question is why not cause trouble without much risk if you’re an ex-KGB thug?
Trouble means lucrative trade, with rogue oil states [...]

IEA Says Fading Oil Production Threatens Supply

Posted by Matt in November 13th, 2008 | no comment

Published in Oil, Crunch, Decline Rates, Iea, International Energy Agency, New Oil, Oil Fields, Oil Production, Oil Supply, peak oil, Peak Year, Shortfall

Production at the world’s oil fields will decline faster in coming years, putting more pressure on future oil supplies, the International Energy Agency said on Wednesday.
As current fields fade with age and the industry moves offshore and into smaller fields, decline rates will accelerate, the agency found, and more investment will be required to make [...]

Thirst for petroleum forges a new oil reality

Posted by Matt in July 27th, 2008 | no comment

Published in Oil, Cantarell Field, Crude Oil, Gas Prices, Gulf Coast Refineries, Mexico, New Oil, Oil Enterprise, Oil Output, petroleum, Thirst, United States, Valero, Valero Energy

Drivers unlikely to see gas prices retreat to levels enjoyed for a generation
The two events, half a world apart, went largely unheralded.
Early this month, Valero Energy in Texas got the unwelcome news that Mexico would be cutting supplies to one of the company’s Gulf Coast refineries by up to 15 percent. Mexico’s state-owned oil enterprise [...]

There Will Be Water

Posted by Matt in June 14th, 2008 | no comment

Published in Water, 100 Million, Blue Gold, climate change, Control, Decades, Drought, Economic Cooperation, Gathering Speed, Groundwater, Half Of The World, New Oil, Rush, Scarce Resource, T Boone Pickens, Urban Areas, Water Resources, Water Stress, World Population, World S Population

T. Boone Pickens thinks water is the new oil—and he’s betting $100 million that he’s right.
In the coming decades, as growing numbers of people live in urban areas and climate change makes some regions much more prone to drought, water—or what many are calling “blue gold”—will become an increasingly scarce resource. By 2030 nearly half [...]

Brazil, The Super-Power?

Posted by Matt in January 13th, 2008 | no comment

Published in Americas, Brazil, Agricultural Technology, American Farmers, Arable Land, Bg Group, Fortune Magazine, Galp, Land Reserves, Light Oil, Lula Da Silva, New Oil, Oil Discovery, Oil Majors, Oil Services, Pbr, Radio Broadcast, Services Providers, Southern Brazil, Soybean Production, Strategic Investments, Uranium Enrichment Technology

Not only is Brazil going to be an oil powerhouse, it’s working on becoming a farming powerhouse, too. It has developed its own Uranium enrichment technology and is working on a nuclear powered submarine.
How Brazil out-farmed the Americans
Fortune Magazine has an interesting article about how the Brazilian farmers are catching up fast to the American [...]