“We’re going to have to send China a clear signal that, first, the island-building stops and, second, your access to those islands also is not going to be allowed.”
In the U.S., any discussion involving climate change tends to deteriorate into an argument between two factions—those who feel that climate change is a very real threat to the planet, and those who say it is nothing but a scare tactic.
If multinationals were willing to hire PMCs to protect their employees, why did they not use these PMCs to defend their oil fields from ISIS militarily, preventing the fields from falling in the first place?
If natural gas is so cheap right now, limping along between $2.50 and $5.50 per thousand cubic feet, why did Exxon pay the equivalent of $41 billion for natural gas giant XTO Energy? There is a global glut of natural gas, which won’t be disappearing any time soon. I can think of a couple reasons. […]
Overview 2009 was all about China. Early in the year, when energy prices crashed due to disappearing demand, oil sank to slightly more than $30 barrel from its mid-2008 high of $147 and natural gas from $14 to around $3 per thousand cubic feet. China, flush with cash, for all practical purposes stabilized the market […]
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