In The Dark Over Oil Reserves, By Andrew Simms

In The Dark Over Oil Reserves, By Andrew Simms

Shell says we’re entering a ‘zone of uncertainty’ over oil supply – a frank admission it hasn’t a clue what’s going to happen. But within the industry there remains the same kind of blithe confidence in its ability to continue as before, propping up our economy and lifestyles, that governments just a few years ago placed in the banking system.

Oilquake In The Middle East, By Michael Klare

Oilquake In The Middle East, By Michael Klare

In other words, if one traces a reasonable trajectory from current developments in the Middle East, the handwriting is already on the wall. Since no other area is capable of replacing the Middle East as the world’s premier oil exporter, the oil economy will shrivel — and with it, the global economy as a whole.

Oil And Food Prices, By Jason Bradford

Oil And Food Prices, By Jason Bradford

ORIGINAL ARTICLE Several years ago National Geographic magazine published an article on oil that included a stunning photo of mature steer and the barrels of oil needed to grow an animal to that size. I recently went looking for that picture, found it, and post it...