Qatar drowning in petro-dollars

The Gulf state of Qatar is rich in oil and gas and has a small population.

While the country's oil revenues give citizens generous benefits, analysts say the petro-dollars are not necessarily a blessing.

Al Jazeera's Nicole Johnston, reporting from the capital, Doha, explains why an economy based almost entirely on income from oil and gas is not without its drawbacks.
This week we ask if the US can afford widespread healthcare reform, analyse the high hopes for Dubai's new
metro system, and at the paradox of oil wealth.

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Russia becomes world biggest oil producer surpassing Saudi Arabia

Russia becomes world's biggest oil producer - 09 Sept 09

For decades the world's major oil producers have tried to control prices by cutting or raising supplies, which relied on all of them sticking to agreed quotas.

But unity amongst oil-rich nations appears to be crumbling.

Now Russia has just overtaken Saudi Arabia as the world's biggest producer and it's done it by failing to keep its promise to slow down production.

Neave Barker reports from Moscow.
Category: News & Politics
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Is Peak Oil Real ?

September 2006
Is the age of cheap oil about to come to an end? According to many experts, we are about to reach the point of "peak oil" -- the level at which supply can no longer keep up with demand. This, say the doomsayers, could send economies spinning into turmoil and up-end our comfortable, urban lifestyles. But others claim predictions like this are simply scaremongering. They believe supply will match demand for decades to come. So who's telling the truth? 'Peak Oil' investigates.

Produced by ABC Australia
Distributed by Journeyman Pictures
Category: Science & Technology
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Oil Prices continue to fall

Oil falls as unemployment rises

Outlook For Oil Prices
Sept. 7 (Bloomberg) -- Crude oil traded near $68 a barrel on speculation OPEC will maintain curbs on output as supplies stay ample at the end of the U.S. peak summer demand season.
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Business, Economy, Energy, Energy, Oil, Science & Technology

Oil could hit $300 a barrel says Pickens

Oil tycoon and author of The Pickens Plan , Boone Pickens speaks about Oil , the Current commodities rally , cash for clunkers for coal plans , natural gas 18 wheelers and much more ...etc..
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Speculators Dominate Interest in Oil Futures

Interview with Amy Myers Jaffe of Rice University Baker Institute
Channels: Energy

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BP Announces Giant Oil Discovery In The Gulf Of Mexico

BP finds a giant oil discovery in the gulf of Mexico.
BP has made a giant oil discovery in the Gulf of Mexico, which analysts believe could contain over 1 billion barrels of recoverable reserves, reaffirming the Gulf's strategic importance to the industry.
Category: News & Politics
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BP Announces Giant Oil Discovery In The Gulf Of Mexico


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