Showing posts with label riots. Show all posts
Showing posts with label riots. Show all posts

Wednesday, March 9, 2011

The oil of Saudi Arabia will be enough?

The largest of the elephants, the one who made history, and is called Ghawar is dying in Saudi Arabia. The "elephants", in oil parlance, are the deposits of over one billion barrels of proven reserves and recoverable: Ghawar, the king, it has about 80 billion. A monster that continuously provides energy to the world since 1951.

Ghawar is in its final years. It reached the maximum daily production in 2005 and is now subject to a decline of 8% per annum. Like all true greats of the Earth, its agony is long and will not be painless. Ghawar has seen the country change so much around him, in the 60 years of his life, a country that is inextricably linked and that has been transformed thanks to oil.

Tuesday, February 22, 2011

Tripoli, Tunis, Cairo. What is behind the insurgency (and what it's worth)

"As Tripoli Tunis. Tripoli such as Cairo, "the demonstrators shouted last night that the deal with the streets of the Libyan capital. "Tripoli is not Tunis or Cairo," he said last night on TV the second son of Colonel Gaddafi, Saif-al-Islam, in a desperate attempt to regain control of the situation. They are right, after all, both.

The rebellion is like the Libyan and Tunisian and Egyptian - ideal for thrust and political objectives - but very different is the context in which it takes shape and develops. Similar to the three "revolutions" is the desire to get rid of a dictator in power for too long attached. Gaddafi led the coup in Libya since 1969.