Item of General Interest
Oct. 23 . A new interview by Chris Martenson is now up. He calls it Why There's No Economically Sustainable Price for Oil Anymore.
Tag Archives: Egypt
In my view, oil and gas resource limits are major contributors to the conflict in Syria. This is happening in several ways: 1. Syria is an oil exporter that is in increasingly perilous financial condition because of depleting oil resources. When … Continue reading
Recently, I explained how high oil prices can bring on financial collapse for oil importers. In this post, I’ll discuss the flip side of the situation: how oil exporters reach financial collapse. Unfortunately, we have many examples of countries that … Continue reading