Thursday May 05, 2005

The War of Resources

energybulletin.net :

Peak oil is already here

Now that the phenomenon of peak oil has been universally explained and understood in leading media in Canada like The Globe and Mail and National Post, and its arrival has been widely acknowledged (even by the US President), it is now time to consider the unfolding consequences of this new global reality. What the cresting of the peak of global oil production signals is the start of the long-anticipated and worldwide War of Resources ... it is from now on safe to assume that major combatants have switched over their economies, foreign policies, and militaries to a total war footing as all-encompassing as major combatants did during World War II.

There are six powerful nations that, with the passing of peak oil and the dawning of the War of Resources, now comprise the six major powers in that war: they are the United States, the European Union, Russia, China, Japan, and India. These six may from time to time form temporary alliances among each other in all possible configurations, as their own calculations dictate. But they are each in the game for themselves, and hostilities in any configuration are also possible - a point that cannot be emphasized enough.

There are many minor players in this war also whose national economies produce significant amounts of oil, but there are six among them whose control is both crucial to the major powers, and whose allegiances may also be in play: they are Saudi Arabia, Iran, Mexico, Venezuela, Nigeria, and Iraq.

There are as well six major private oil companies powerful enough to be considered instrumental in the political, economic, and military decisions made in any and all of these capitals as the War of Resources unfolds. These companies are BP-Amoco, RoyalDutch/Shell, ExxonMobil, ChevronTexaco, TotalFinaElf and ConocoPhillips. These companies will play the role of regulating the relative heat of this war in each of its big and small battlefields with an eye toward maximizing their profits ...

- Hmm, 6 major powers, 6 major oil producers, 6 major oil companies. You thinking what I'm thinking ... ("666") ?

(2005-05-05 22:39:04 SGT) [Energy] Permalink

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