Oil and Energy

Let’s place 1 trillion barrels of oil in context. Global oil consumption is currently 35 billion barrels a year. Thus, the Orinoco Belt alone could satisfy 100% of global demand for almost 30 years! As for the Orinoco field’s dollar value. World oil prices are currently hovering near $60 …do the math.
Yemen is a strategically key geopolitical stretch of land at the connecting point of the Red Sea which links to the Mediterranean via the Suez Canal and the Indian Ocean. It’s the site of one of the world’s most strategic shipping choke points, the Bab el Mandab, a narrow passage a mere 18 miles distance from Djibouti in the Horn of Africa
Israel is set to become a major exporter of gas, if all goes to plan. The giant Leviathan natural gas field, in the eastern Mediterranean, discovered in December 2010, is widely described as “off the coast of Israel.”
Mali at first glance seems a most unlikely place for the NATO powers, led by a neo-colonialist French government of Socialist President Francois Hollande (and quietly backed to the hilt by the Obama Administration), to launch what is being called by some a new Thirty Years’ War Against Terrorism.