Posted by Matt in July 17th, 2008 |
no comment
Published in
Conflict,
Economy,
Iran,
Israel,
Attack,
Economic Consequences,
Global Reserves,
Iran,
Israel,
Middle Eastern Oil,
Natural Gas,
Oil Producer,
Oil Tap,
World Economy
What would happen to the world economy?
Quite simply the economic consequences of such a raid would be cataclysmic.
It isn’t just that Iran is the world’s second largest oil producer, with the third largest global reserves of oil and the second largest of natural gas. The truly significant part is where Iran actually is. Even assuming [...]
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Posted by Matt in May 9th, 2008 |
no comment
Published in
Oil,
Bush Administration,
Caspian Basin,
Countries In Africa,
Crude Oil,
Developing World,
Dozen Countries,
East Timor,
Emergence,
Energy Imports,
Energy Task Force,
Grievances,
Internal Strife,
Michael L Ross,
Oil And Gas,
Oil Producer,
Oil Wealth,
Persian Gulf,
Record Oil Prices,
Rich Countries,
Southeast Asia,
Stratospheric Prices,
Unrest,
War,
Windfalls
The number of oil-producer-based conflicts is likely to grow in the future as stratospheric prices of crude oil push more countries in the developing world to produce oil and gas. In 2001, the Bush administration’s energy task force hailed the emergence of new producers as a chance for the United States to diversify the sources [...]
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