Posted in Gal Luft, Geopolitics, India, Iran, Oil and Gas, Pakistan on May 29th, 2009 No Comments »
From Gal Luft
While the world’s eyes are focused on Iran and Pakistan, little attention has been paid to the two countries’ decision from last week to move ahead with their plans to connect their economies via a natural gas pipeline. What may seem like a standard energy project could have profound implications for the geopolitics [...]
Posted in Arab Gulf, Gal Luft, Iran, Oil and Gas, Saudi Arabia on Oct 11th, 2008 No Comments »
From Gal Luft
There is so much blame to go around in the wake of the financial crisis that there is no wonder OPEC’s name shows up high in the list of culprits. After all, soaring oil prices and loss of wealth in 2008 to the tune of $1.2-$1.9 billion each and every working day, depending [...]
Posted in Gal Luft, Geopolitics, Jacqueline Newmyer, Maps, Stephen Peter Rosen on Sep 18th, 2008 No Comments »
The MESH roundtable on the theme of “The First 100 Days” continues. MESH members have been asked these questions: What priorities should the next administration set for immediate attention in the Middle East? What should it put (or leave) on the back burner? Is there anything a new president should do or say right out [...]
Posted in Gal Luft, Oil and Gas, Saudi Arabia on Jun 18th, 2008 1 Comment »
From Gal Luft
What’s behind the sudden burst of willingness on the part of the Saudis, who announced that they will increase oil output by 500,000 barrels per day in the coming months? After all, for many months they were quite unfazed by the economic havoc caused throughout the world by the rise in oil prices. [...]
Posted in Gal Luft, Oil and Gas, Saudi Arabia on May 16th, 2008 No Comments »
From Gal Luft
Four months and thirty extra dollars a barrel later, President Bush is again in Saudi Arabia trying to persuade the Saudis to open the spigot and increase OPEC production. Last time the answer was a resounding no. Not even a gift of 900 precision-guided bombs helped convince the Saudis to show more oomph [...]
Posted in Gal Luft, Oil and Gas, Saudi Arabia on Jan 16th, 2008 No Comments »
From Gal Luft
President Bush’s appeal to the Saudis to increase oil production is more pitiful than understandable. At $100 a barrel, the United States bleeds over a billion dollars per day in order to finance its petroleum import needs. The result: ballooning trade deficits, growing unemployment, a weakened dollar and crumbling financial institutions like Citigroup [...]
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