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 Russian Gamble

Posted by Matt in December 19th, 2008 | no comment

Published in Russia, Barack Obama, Billionaire, Brink, Cnbc, Currency, Earth, Economic Collapse, Economic Crisis, Erin Burnett, Financial Crisis, Freefall, Global Financial Crisis, moscow, Oil And Gas, Oil Exporter, Oil Gas, Oil Prices, President Elect, Russia, Russia Russia, Slide Show, Stock Markets, Stock Prices, World Oil

Russia is reeling from the global financial crisis: its stock markets plunging , its currency on the brink. The drop in oil prices means the world’s second largest oil exporter – recently rich – is now in the red. How will America end up paying? Will financial crisis turn into political and military instability? Will [...]

Closing Iran’s Oil Spigot

Posted by Matt in October 8th, 2008 | no comment

Published in Iran, Oil, Crude Oil Output, Decline, Drop To Zero, Export Market, Financial Crisis, Global Export, Global Financial Crisis, Iranian Oil Exports, Johns Hopkins University, Oil Consumption, Oil Exporter, Oil Fields, Oil Income, Oil Product, Oil Production, Oil Products, Product Consumption, Rapid Growth, Researcher, Roger Stern, Spigot

Iran’s looming financial crisis
In 2006, Iran was the fifth largest oil exporter in the world. How is it possible that by the middle of the next decade its exports could fall to zero?
In a paper published in January 2007, Roger Stern, a researcher at Johns Hopkins University, predicted that Iranian oil exports would drop to [...]