March 2009 – Vol. 1, Issue 3

A Look Ahead at Global Oil and LNG Demand in 2009

The Abraham Energy Report is pleased to present a wide-ranginginterview with Dr. Chakib Khelil, immediate past President of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) and Minister of Energy and Mines for the People’s Democratic Republic of Algeria.

As immediate past President, Dr. Khelil has overseen OPEC at one of the most volatile periods in the organization’s history. Over the past year, OPEC has seen oil price fluctuations that have challenged historic trends, government expectations and public perceptions. The unpredictable nature of the international economy further destabilizes the oil markets and demands cautious and reasonable leadership.

Launching an Energy Tech Revolution

The Big Three automakers teeter on the edge of bankruptcy, the economy continues to slide, jobs are lost and credit remains elusive. In the midst of all the bad news, one economic number is giving people hope—the price of oil, which is around $100 cheaper than just a few months ago. This bright spot is, however, a mirage that could create a false sense of ease for consumers. Bottom line: The energy crisis is not going away. It will come roaring back once the world economy starts growing again.

More headlines from this issue:

» Russia-Ukraine Gas War
» Can China and India save OPEC?
» Nuclear Power: Untapped Potential
» President Obama’s First 100 Days: Energy Opportunities
» OPEC Update
» Climate Change Delay Likely

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