Pricing vs Control
Posted in the Oil & Gas Forum
#1 Feb 26, 2013
Peak oil has been dicussed in great lengths. I am wondering what will the effect of a monopoly of all the reserves in the middle east have on pricing? Two last nations remain. FSA lead/trined/supplied by NATO, and Al-Assad by the Asian bloc. Eventually it will beome a democray, but the question will be with Iran.
Russia is betting on natral gas, with two new major pipelines feeding Europe. With the recent advances in shale gas fracking, seems that it will help offset the high energy costs which will be around the corner.
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