OPEC Archive

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  OPEC struggles to control peak oil fluctuations

  
  
  
  As the global economy tumbles the price of oil has plunged down to about US$67 a barrel. As I’ve noted previously the dramatic falls and rises in price are indication that we are hitting peak oil. But, as importantly, peak oil is also playing its part in causing the crisis, as Energy Bulletin notes: The US [...] read more
  October 23, 2008 1:45 pm - 12 Comments
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  The whole gamut – food subsidies, genetic engineering, oil prices and wind turbines

  
  
  
  Here’s a few Friday links. The US Congress has just approved a US$290 billion Farm Bill that gives lucrative subsidies to farmers and cuts international aid programmes. By diverting subsidies and benefits to powerful agricultural industries such as sugar, dairy, timber and salmon, authors of the bill ensured support from both Republicans and Democrats. Paul Kredosky [...] read more
  May 16, 2008 8:38 am - 28 Comments