Higher oil production in the US coupled with conservation could spell trouble for petrodollar-dependent countries.
![Oil, now at $115 per barrel, could be headed for $150 or $80, writes West [AFP]](/wp-content/uploads/2013/10/201392214567130580_20.jpeg?resize=270%2C180&quality=80)
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Yemen may very well have been much better off had they kept their oil untapped.
Carbon emissions could be cut by as much as 10 per cent by 2050 if all subsidies on fossil fuels were removed.
If it continues to be business as usual in Africa, it could set the stage for Resource Conflict 2.0.
Media coverage of the blackouts paid little attention to the millions of Indians who were not on the grid to begin with.
This summer, an unknown number of Iraqis will die from avoidable heat-related deaths.
Producer nations should take serious steps to mitigate against volatility and economic disparity among their citizens.
In over 50 countries, local production in the oil extractive industries plays a major role in politics and the economy.
