Oil supply fears slow down Spain

US crude oil has reached $105 a barrel line to reach its highest level since September 2008 as worries about supply disruption have increased due to deepening unrest in Libya.
Oil depots in the country, have been attacked and the continuing instability which has slowed production there, is hitting investor confidence.
In Spain, fears of a shortage in the oil supply has caused the government to take innovative measures.
Al Jazeera's Sonia Gallego reports from Madrid, Spain.

Peak Oil by Bud Conrad

Bud Conrad, Chief Economist at Casey Research, talks about Peak Oil. This is a clip from Doug Casey's free one hour video broadcast on the current economic crisis and how to profit from it - Crisis & Opportunity Update .coal production peaked a long time ago. nuclear energy depends on the nonrenewable fuel plutonium. eventually that would peak too. quite soon according to what ive read.

Libya oil sales continue

Libya's oil sales contribute significantly to the country's export earnings, making the industry one of president Gaddafi's main financial pressure points.
The international community is trying to pressure the Gaddafi rulership, as the violent crackdown on protests continue.
But the web of international sanctions brought down on the government clearly has some gaps, as companies from China, India and Austria continue to buy Libyan oil - completely legally.
Al Jazeera's Rory Challands reports.