Forty years ago this month, the Organization of the Petroleum Exporting Countries proclaimed an embargo on oil exports to the U.S. as retaliation for its support of Israel in the Yom Kippur War. It would last only five months, but it haunts U.S. energy policy to this day. Read Here – Bloomberg
Remember when the Israeli-Palestinian conflict made front pages every day and the United States fought wars to secure oil and gas in the Middle East? Back then, the region’s political problems were of primary economic importance to Americans. But now, as the prospect of energy independence dawns, to whom does the Middle East really matter? […]
The world’s largest energy exporter plans to construct an oil refinery on the Pacific coast and may send grain eastward asToyota Motor Corp. (7203) and Mazda Motor Corp. (7261) consider building Russian plants. The government has spent more than $20 billion to showcase Vladivostok, 4,000 miles east of Moscow, as leaders gather for this week’s Asia-Pacific Economic Cooperation […]
looking beyond borders 