Ce este razboiul USA - Irak daca nu un razboi al petrolului.

NU este un razboi al petrolului, in sensul ca s-au dus acolo, cu sondele pregatite pentru extras petrol.
Este mai mult un razboi al anti-petrolului - productia de petrol a scazut in Iraq cu ocazia invaziei.
Este un razboi al $-ului, in buzunarele unor grupuri de interese.

Either way, the odds are you're not getting much use out of it. Wouldn't it be great if you could improve your health, help the environment and at the same time do your part to fight inflation?

The world is running dangerously low on wheat, one of civilisation's original staple foods. Drought in Australia and China and a switch to meat in the newly prosperous parts of the world are putting the squeeze on wheat. Prices are at a record high.

They simply don’t have enough lucrative opportunities to invest,” says Fatih Birol, chief economist of the Paris-based International Energy Agency. “They’re investing more to slow down the decline in their existing fields than in new production.”

• The Outlook: Oil companies are expected to report big 2007 profits, but investors will look at other measures.

• The Trend: Most oil companies aren’t replacing reserves and are returning more cash to shareholders, reducing their heft in the oil patch.

• The Price: The companies say they won’t spend money on projects at the expense of profitability.

Russian oil production peaked last year, the vice-president of Lukoil, the country's second largest oil group, said in an interview published Tuesday.

The future supply of Russian oil is threatened by a likely decline in production levels, one of the country's top oil executives has warned.

Once highly-productive fields in Siberia are slowly being exhausted and the huge cost of searching for oil in the untapped but remote region of eastern Siberia has deterred firms.

"When the well's productivity falls, you have to keep drilling more and more," Mr Fedun said, referring to the steady depletion of older fields.

"You have seen it in Alaska and the Gulf of Mexico and now you are seeing it in Siberia.

The rapid decline of the UK from peak exports to net oil importer in just six years is sometimes referenced as an example of the Export Land Model in real-world action. Mexico's domestic consumption and net exports appear to be closely corresponding with the expectations of the Export Land Model also.

The most valuable resources of Antarctica lie offshore, namely the oil and natural gas fields found in the Ross Sea in 1973. Exploitation of all mineral resources is banned until 2048 by the Protocol on Environmental Protection to the Antarctic Treaty.

O sa se termine petrolul si murim toti, revenim la epoca de piatra si alte asemenea !

Pai nu spuneai tu mai devreme ca cubanezii traiesc bine-mersi fara petrol

U.S. light crude for July delivery reached as high as $132.08 a barrel, and was up $2.75 to $131.73 a barrel on the New York Mercantile Exchange at 11:04 a.m. ET. Prior to the 10:30 a.m. ET, oil was down 29 cents to $128.69.

The market is really looking for light sweet crude and there isn't really a huge demand for what Saudi Arabia has to offer,'' said Gerard Burg, an energy and minerals economist at National Australia Bank Ltd. in Melbourne. ``Oil is primarily used as a transport fuel these days and the heavier grades that yield less transport fuels are less desired.''

Cica:
"Prices have risen spectacularly because of speculation, because of the devaluation of the dollar and world inflation," the minister, Rafael Ramirez, said late Tuesday after a meeting with OPEC secretary general Abdullah el-Badri.
Deloc ce sugerezi tu.

NEW YORK (CNNMoney.com) -- Despite oil's record high last week, forget about crude going to $100 a barrel.

Prices have already dropped about 7 percent since last week, and are likely to fall even more in the coming years.

That's the consensus of analysts, who say rising production, the advent of biofuels, and conservation measures will likely lead to lower oil prices by 2015.

But how much lower is subject to wide interpretations, and estimates rage from $20 to $60 a barrel.
The next energy crisis

"If this market can continue going lower without OPEC disrupting it, it's very possible that by 2010 we could be substantially lower than anyone is imagining," said Peter Beutel, an oil analyst at the consultancy Cameron Hanover. "Four to 8 years from now, we could come down and break $20 a barrel."

Beutel bases his prediction on the fact that oil is historically a cyclical commodity. In the early 1980s it hit $38 a barrel, far higher than today's price when adjusted for inflation, only to fall to $10 a barrel by the late 1990s.

He also said high energy prices are hurting the American consumer, especially the young, the elderly and the poor.

"This has decimated their lifestyle," he said. "I'm convinced it will give us a recession."

But Beutel is in the minority, and most analysts don't ever expect crude prices to trade anywhere near $20 a barrel ever again - which is good news for renewable energy technologies, most of which need crude prices near the $50 mark to remain competitive.

The government-run Energy Information Administration has a $50 target price for crude by 2015.

EIA says by 2010 the amount of oil OPEC can pump should increase by 2 million barrels per day, largely driven by Saudi Arabia. The EIA, like most analysts, does not agree with the view that production has peaked or will soon peak in Saudi Arabia, although a small but growing number of experts say it might.

EIA says more oil from Central Asia and the Gulf of Mexico should offset production declines in the North Sea and and Mexico.

And co-called "non-traditional" fuels, such as oil sands from Canada and corn-based ethanol, are expected to double, going from the current 3 million barrels a day to 6 million barrels a day by 2010.

While demand is expected to continue growing, EIA says conservation measures should slow the rate of growth to 1.3 percent a year from 2 percent.

All this means the world's spare production capacity - the difference between what is consumed and what is produced - should grow, relieving some of the fears that have pushed prices so high as of late, such as a disruption in supply from a hurricane in the Gulf of Mexico or a war with Iran.

"You're not going to get to $100, but you're not going to see $20 either," said Glen Sweetnam, director of EIA's international economic and green house gas division.

Si probabil bietii de ei o sa piarda o gramada cand incep arabii sa pompeze voiniceste atata petrol incat ajunge pretul la 100$ si ei l-au cumparat cu 200.
Arabii scot 50% apa din puturile lor pentru ca sunt batrane si pompeaza apa de mare sa se ridice petrolul.

Real-world application

The rapid decline of the UK from peak exports to net oil importer in just six years is sometimes referenced as an example of the Export Land Model in real-world action. Mexico's domestic consumption and net exports appear to be closely corresponding with the expectations of the Export Land Model also.