Tag: Saudi Arabia

The Fourth Release of the Strategic Petroleum Reserve

Late last week the Obama administration announced that they would be releasing 30 million barrels of oil from the US Strategic Petroleum Reserve as part of a broader US-led release by the International Energy Agency of 60 million barrels of crude oil from member nations. 

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Wikileaks Confirms Fears of Saudi Peak Oil – An Analysis

Last week, Wikileaks released four diplomatic cables which had been sent from the US embassy and consulates in Saudi Arabia to the U.S. Department of State.  The main headline from these cables was the fact that the US government privately

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