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Petrodollars

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Oil Exporters Are Driving Global Imbalances - The Economist

FIRST, the good news: China, the country at the centre of the debate about global imbalances, has a current-account surplus that has fallen sharply over the past few years. Now the bad:...

What Does Canada's Kyoto Exit Mean for Oil Sands? - Gary Park, Platts

When the Canadian government made official in December what has been unofficial policy for six years and became the first of 191 participants to abandon the Kyoto Protocol, the embattled...

Sinking the Petrodollar in the Persian Gulf - Pepe Escobar, Energy Bulletin

Let's start with red lines. Here it is, Washington’s ultimate red line, straight from the lion’s mouth.  Only last week Secretary of Defense Leon Panetta said of the...

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