This is example of Russian energy mercantilism. Russia locks up energy resources from other countries and takes it off the world market. Russia gains power at the expense of other countries.
From the article:
OAO Gazprom, Russia’s state- sponsored gas monopoly, is offering to buy all of Libya’s oil and gas exports in a bid to increase [...]
1913 Intel
International Conflict, Western World Threats and Geopolitical Intelligence
Gazprom Keeps the Heat on Europe by Pressing Libya
Posted by Matt in July 13th, 2008 | no comment
Published in Energy, Russia, Chief Executive, Dominance, Energy Resources, Europe, Gas Exports, Gas Monopoly, gazprom, Gazprom Russia, Head Of State, Libya, Libya Oil, Locks, Mercantilism, Monopoly, Muammer, Oil And Gas, Political Clout, Russian Energy, World Market
Oil’s Murky Outlook
Posted by Matt in May 18th, 2008 | no comment
Published in Oil, China, Current Supply, Economists, Government Forecasters, Inventories, Journalists, Middle East, Next Five Years, Oil Crisis, Orinoco, Outlook, Price Estimates, Price Of Crude Oil, Production Consumption, Stock Analysts, Stock Traders, Supply And Demand, World Market, World Oil Market
At about $124 a barrel, the price of crude oil has more than doubled since the start of 2007. The vast majority of government forecasters, stock analysts, economists, traders, and journalists who follow oil failed to see it coming. Even now their price estimates for the next several years are all over the place, ranging [...]
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