Change may only happen in small steps, but slowly and surely the geo-politics of oil are changing.
The dynamics of Middle Eastern oil are in transition. Anyone who argued that the war in the Gulf was a war about oil should sit up and take notice.  And anyone concerned about the climate should also be worried. [...]

It was inevitable that some sections of the Canadian press would defend tar sands, but the arguments they are using are fundamentally flawed.
In an editorial entitled “’Dirty oil’ beats bloody oil” today, the Calgary Herald tries to hit back at recent moves (see blog here) that highlight the financial risks of oil sands. The paper [...]

Under huge political pressure, Saudi Arabia will raise oil production to record levels by pumping an extra half-a-million barrels of oil a day, bringing their production to 9.7 million barrels a day.
That would be a rise of 550,000 bpd or over 6 percent since May and would take Saudi crude output to its [...]

U.S. Energy Secretary Sam Bodman has pleaded with Saudi Arabia for more oil, undeterred by OPEC’s cautious response to Washington’s request so far.
Bodman told reporters in Abu Dhabi there were short-term concerns about the performance of the U.S. economy and he was hopeful Riyadh would steer a decision to increase oil supplies at [...]

Saudi Arabia says it has arrested 208 militants for involvement in cells planning an imminent attack on an oil installation, as well as attacks on clerics and security forces.
State television in the world’s biggest oil exporter said one of the cells was planning to smuggle in missiles. Al Qaeda sympathizers have mounted a campaign against [...]