american recession doesnt mean high oil prices, page-4

There are three countries that can not only instigation instability but also benefit from guerilla warfare are Russia, Venezala and Iran. It is in their interest and their friends to cause disruptions one way or another. All three including the rest of the oil producing world need high oil prices to sustain their economies.

The problem of investing in oil is that many are owned by soverign states.

Other forms of energy such as gas, incluidng coal seam gas, will need to become priorities around the world. USA is 10to 15 years ahead in CSG and is now looking at gas from oil shale. CSg in australia is growing albeit slowly, but nevertheless growing.