Great Op-Ed by Thomas Friedman in the New York Times today, who likens General Motors to a “crack dealer looking to keep his addicts on a tight leash”, after the company announced its “fuel price protection program” that guarantees gasoline at a capped price of $1.99 a gallon, with no limit on mileage.
War
Peace in a Gas Pump
Great Memorial Day post from David Swanson on AfterDowning Street. Peace in a Gas Pump or Bringing Pharaoh’s Armed Madhouse Home | AfterDowningStreet.org
More on The Great Iraq Oil Grab
If you thought the new Iraqi government would govern Iraq for the people, well, I”m sorry. Think again. Good article on Alternet today about who controls Iraq’s oil fields. It quotes Antonia Juhasz, author of “The Bush Agenda,” who has undertaken her own research into Production Sharing Agreements – that were the subject of the … Read More
Not Your Soldier, Not Our Oil
As faithful readers of Price of Oil know, we’re not only environmentalists here. We see oil as at the center of multiple, intersecting issues – not the least of which is war. For a completely awesome tool to confront the US oil war recruitment machine, check this out.
A reason for the gas price rise? Try War.
The favorite topic du jour in DC these days is the price of gas – and this being DC – the blame game around it. The right talks about the lack of supply – and says the solution lies in relaxing green refinery rules and opening up ANWR. The left blames corporate profiteering and Bush … Read More
Oil to Start Flowing From Northern Iraq
A Norwegian independent energy company – DNO– plans to produce oil in Iraqi Kurdistan early next year after successful initial drilling. If further tests are also positive, it could lead to the first barrels produced by a foreign oil operator in Iraq and raise the question over who controls Iraq’s vast petroleum resources.
There is No Planet B – British Comedian on Politics of Oil
The British comedian, Rob Newman, made his name back in the 1990s as part of the cult-series “The Mary Whitehouse Experience”. Since then he has become increasing concerned about the politics of oil and climate change. Next month on British TV, he returns with a one-off show “Robert Newman’s History of Oil” in which he … Read More
Exxon Exxposed
The WSJ reports that ExxonMobil is the key funder of a front group called Public Interest Watch which has been pushing the IRS to audit Greenpeace.
Two Contrasting Views on Africa
Two contrasting views of Africa this week in the British press. On Wednesday The Financial Times published a “Special Report” on Africa’s oil and gas, giving it an upbeat assessment. Under the headline: “Continent all set to balance power” the paper reported how: “West Africa, with its copious reserves of natural gas, its sweet light … Read More
Nigeria – The Slippery Slope to Civil War
So the spiral of violence in Nigeria continues. Although six hostages being held by militant youths in the Delta region of Nigeria have been released, a further three are still being held.