26 Oct '14, 2am

Oil wars: Saudi vs the world?

Oil wars: Saudi vs the world?

As global oil prices tumble, we ask why the country that is OPEC’s kingpin is doing nothing to stop it. There are winners and losers in every economic situation, but few have the impact of one involving oil. The price of Brent crude, which at one time priced 90 percent of the world’s oil, has tumbled by one-fifth. And analysts believe the price could fall to as low as $60 a barrel. Already at $80, it is a major adjustment for countries trying balance their budgets. And the question is not what, but who is driving oil prices, and what the fallout means for ordinary people and the global economy. Many would expect Saudi Arabia to be defending higher prices, but that is not exactly the case. So why is Saudi doing this? And what will be the outcome for everyone else? The answer depends on where you are standing. In Russia, the belief is that this is punishment for what has hap...

Full article: http://peakoil.com/publicpolicy/oil-wars-saudi-vs-the-world

Tweets

Eagles Vs Dragon: 9 September 2014 Breaking News China Seeks to Pro…:

Eagles Vs Dragon: 9 September 2014 Breaking New...

bigdogdotcom.wordpress.com 25 Oct '14, 5am

America Has Never Faced a Power Like China Posted: 06/19/2014 11:38 am EDT Updated: 08/19/2014 5:59 am EDT 125941046 Share...

More Small Wars: Counterinsurgency Is Here to Stay

smallwarsjournal.com 26 Oct '14, 10pm

Although the wars in Afghanistan and Iraq are far from the costliest the United States has ever fought in terms of either ...

#peakoil Gulf states need to reform spending as...

peakoil.com 26 Oct '14, 2am

Dave, I am seeing markets that are corrupt, manipulated, and central bank liquidity driven. The markets are corrupt becaus...

#peakoil Peak Oil: A Real Threat to Society?: When oil was first discovered in the U.S., life changed for ever...

#peakoil Peak Oil: A Real Threat to Society?: W...

peakoil.com 25 Oct '14, 12pm

Currently, the world consumes around 85 million barrels of petroleum a day. It is estimated that this number will increase...

Serius LOL - Mat Rempit VS Polis : Ini Keangkuh...

blogserius.blogspot.com 27 Oct '14, 1am

Serius LOL - Mat Rempit VS Polis : Ini Keangkuhan ... Serius Fakta - 15 Pelakon Suara Animasi Terkaya Di... Serius Cool - ...

Neste Oil seeking California LCFS approval for ...

greencarcongress.com 26 Oct '14, 11am

Neste Oil seeking California LCFS approval for gutter oil to renewable diesel pathway 26 October 2014 Among four new Calif...

Keputusan Piala Malaysia JDT vs Felda: Assalamualikum dan Salam 1Dunia, siapa kata aku tidak menonton bola sep...

Keputusan Piala Malaysia JDT vs Felda: Assalamu...

denaihati.com 25 Oct '14, 10am

Assalamualikum dan Salam 1Dunia, siapa kata aku tidak menonton bola sepak Malaysia walaupun selalu bercerita kehebatan pas...

Rails class 10/28: Ruby vs. Python

permalink.gmane.org 25 Oct '14, 8pm

Hi, Noisebridge! We added a new class at 7pm Pacific on October 28, 2014 Ruby vs. Python Learn how Python works and how it...

Rails vs. Sinatra by Example

airpair.com 21 Oct '14, 12am

While there were more steps involved in building the 'Hello World' Rails app vs. the Sinatra one, we intend to use some of...

Serius VS - JDT VS LIverpool FC

blogserius.blogspot.com 02 Nov '14, 6am

VIDEO matyo menangis di bilik persalinan selepas tamat perlawanan JDT menentang Pahang semalam.... relax bro gua support lu