The pillaging of Romania’s natural resources

The following are a couple of examples of what's going on in Romania right now. Romania's largest petroleum reserves (famous since WWII) were recently sold to OMV (Österreichischen Mineralölverwaltung Aktiengesellschaft). Petrom, Romania's state-owned petroleum company, now belongs to OMV, and every time I fill up my car at Petrom, the receipt says OMV Petrom. I … Continue reading The pillaging of Romania’s natural resources

China's growing energy problem, and the US policy quandary

Just read an article written by someone at AP and published on MSNBC, entitled "World feels China's growing thirst for oil". I wish they'd publish author names as well! This was a very well-written article, and full of insights into the issue. If you thought China's energy demands are small still compared to the US, … Continue reading China's growing energy problem, and the US policy quandary