
The Three Energy Wars
Date: Monday, July 31 @ 11:21:48 PDT Topic: Consumption; Demand; Prices
"We are practically in an energy war. The price of a barrel of petrol has multiplied threefold" (in the last two years), the French Finance Minister Thierry Breton told Europe 1 radio station on July 25.
Contrary to the contention of the French minister, the world in fact is locked in three energy wars, not one: a price war, an investment and deals war, and a geopolitical war.
Dar Al Hayat
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