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I hardly think the Americans helped bring down the sharia court people because they wanted to protect the interests of some Spanish fishermen or something like that.

The oil stuff seems very unclear, small scale and uninteresting. And it seems to be generally offshore. If it's offshore it doesn't matter if they are fighting a civil war or not as they can't get to the platforms anyway. Compare with the oil offshore Angola (IIRC) during the war.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Wed Oct 15th, 2008 at 06:10:22 PM EST
[ Parent ]
The problem isn't so much the civil war as the risk that peace might break out - in which case the new government might - shock, horror - not honour the "agreements" signed by various and sundry regimes over the years.

Of course, in this case the place is so fucked up that it's not safe to operate, which probably wasn't part of the plan.

- Jake

If you only spend 20 minutes of the rest of your life on economics, go spend them here.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Wed Oct 15th, 2008 at 06:16:53 PM EST
[ Parent ]
... as has been recently shown in Nigeria.

And of course, the closer to shore the cheaper to drill.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Thu Oct 16th, 2008 at 10:44:24 AM EST
[ Parent ]

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