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Monday, March 7, 2011
Sunday, March 6, 2011
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.
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.
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