Huh? Well… a little while ago I mentioned that Chavez has been making offers to export his countries oil to everyone but the US. Asia, Europe, South America, and his neighbours in Central America and the Caribeaan. Today, he took one more step towards creating a “Petrocaribe”. The talks are being attended by representatives of …
Continue reading “Hugo Chavez likes Nationalized Oil… so do Canadians”
Potentially good news from northern Iraq today. Hammorabi, is reporting that Iraqi forces have been fighting insurgent and terrorist camps in Tel Aafar and have now apparently taken control of the city. Tel Aafar remained for long time one of the strongest holds for the cockroaches from which many attacks perpetrated on the other areas. …
The Oil Drum is reporting that capacity is flowing back into the previously shutdown pipelines across the souther US. This includes refined goods like gas and heating oil. Theoretically, this should mean that gas prices should stop their incredible climb of the past week… do you believe they will? Here’s my completely unscientific, utterly pessimistic …
