Oil, Gas-- and Carrots - Scitizen

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Future Energies

Guest contribution by

Ms Audrey Wang

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Filed under : Scitizen >> Technology >> Future Energies >> Oil, Gas-- and Carrots Key words : economics , future energies , international relations , politics , science policy , Oil, Gas-- and Carrots 9 May, 2008 11:58 am

(May 8, 2008) While oil and natural gas prices are skyrocketing, the world's energy consumers are trying to find ways to reserve oil and gas for themselves. Now, energy rich countries are using their resources as political leverage: Iran is trying to sell it. Venezuela is trying to barter and trade, while oil hungry countries use different strategies to buy into Africa. SOURCES: ABC News, U.S.; BBC, U.K.; Press TV and Al Alam, Iran; TV5, France; Latino America Noticias, Uruguay; Asia Today, China; South Asia Newsline, India; Al Jazeera English, Qatar.

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