From
Rice Farmer
Energy
decline around the globe
"Resource
nationalism is assuming more subtle forms as governments resort
to measures outside of blatant asset expropriations to
retain the benefits proffered by their geological bounties."
"South
Korea set a new record for power consumption on Wednesday, the
third consecutive day of very cold temperatures and busiest
work-wise after the lead-in and celebration of Christmas. And
the country’s energy monitors were forced to warn that
power outages might occur because demand had surpassed the
limit that the government considers safe."
Typhoon
causes massive blackout in 11 towns, 2 cities (Philippines)
"OAO
Lukoil Holdings will cut its production in Iraq by 30% after
the Iraqi government decided to limit output in order to prop
up prices, the president of Lukoil Overseas Holding Ltd. said in
an interview."
"Saudi
Arabia will need to reduce fuel subsidies that are becoming
an ever-greater fiscal burden as its population grows, a
former adviser to the country’s oil minister said."
"Israeli
gasoil and fuel oil consumption for electricity production
rose sharply in the first 11 months of the year due to a severe
shortage of natural gas, Israel's Energy and Water Ministry said
Thursday."
"Brazil's president
says Latin America's biggest economy does not need to
ration electricity in the wake of several outages that
occurred over the past several months."
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