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Olduvai III: Catacylsm
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OPEC Chief Claims Oil Will Rebound Higher Than In 2008

OPEC Chief Claims Oil Will Rebound Higher Than In 2008 OPEC’s secretary-general says the 7-month-old plunge in oil prices finally may have bottomed out and may be ready to rise again. In fact, Abdullah al-Badri hypothesized that a decision by his cartel to cut production conceivably could lead to oil at $200 a barrel. “Now […]

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OPEC Denies Price War, Shows Faith In Markets

OPEC Denies Price War, Shows Faith In Markets. OPEC Secretary-General Abdullah al-Badri is urging the cartel’s 12 members to maintain production and exploration despite a lower demand for oil. Yet al-Badri told an energy conference in Dubai on Dec. 14 that he is as baffled as anyone why the price of oil has dropped by […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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