The Current Oil Shock
http://archives.econ.utah.edu/archives/a-list/2008w28/msg00104.htm
No Relief in Sight
by Dilip Hiro
www.tomdispatch.com (July 15 2008)
When will it end, this crushing rise in the price of gasoline, now
averaging $4.10 a gallon at the pump? The question is uppermost in
Jones and others say that Michelle Obama knocks down old stereotypes
of black women: Sapphire, the angry black woman; Mammy, the caretaker
and nurturer of her own children and everybody else's, and Jezebel, the
wrong list
Charles Brown [EMAIL PROTECTED] 07/23/2008 5:30 PM
Jones and others say that Michelle Obama knocks down old stereotypes
of black women: Sapphire, the angry black woman; Mammy, the caretaker
and
Saddam Hussein had only one weapon of mass destruction--high quality
oil that could be pumped much more cheaply than what so many others
produced. By invading Iraq the Bush regime took much of the Iraqi oil
off the world markets, tightening supplies immediately. Even Putin and
Chavez (as did the
http://www.washingtonpost.com/wp-dyn/content/article/2006/05/31/AR2006053101464.html
Plenty of Oil, but Few Refineries for Iran
By BRIAN MURPHY
The Associated Press
Wednesday, May 31, 2006; 3:27 PM
TEHRAN, Iran -- Iran is flush with huge oil reserves and cash, but a
refinery shortage leaves it
So apparently not only is there a glut of heavy oils, there is a glut
of LIGHT SOUR oil too--Saudi Arabia can't sell it.
As for investments like the the ones being made in tar sands and oil
shale, this is to quite an extent as exotic as investments in making
fuels from corn or sugar cane.
It is