Daily Archives: August 18, 2008

Random Political/Economic Note

If my guess is good, expect to see a bit more about Peak Oil in the news media–especially in reporting that ultimately comes from European sources.

Whether they believe in the Peak Oil concept or not, in the aftermath of their Georgian adventure it is in Russia’s best interest to publicize it as much as they can in Europe. That is, with functional control of the GTC pipeline and being the largest Eurasian oil producer, they will want Europe to get the idea that if the continent wants oil in the future it will be coming through them…