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Energy Agency Sees More Oil Declines, Potential for Conflict

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FILE - In this Tuesday, Oct. 14, 2014, file photo, oil pumps work at sunset in the desert oil fields of Sakhir, Bahrain. Oil prices have further to drop with no signs of slowing production in the U.S., according to the International Energy Agency, Friday, March 13, 2015. (AP Photo/Hasan Jamali, File) - Associated Press

ABC News - AP - March 13, 2015

Oil prices have further to drop with few signs of slowing production in the U.S., according to a global energy agency.

The International Energy Agency, a watchdog group based in Paris that represents the world's main oil-importing nations, said in its monthly report Friday that the recent stabilization in oil prices is "precarious."

"Behind the facade of stability, the rebalancing triggered by the price collapse has yet to run its course," it said.

That may be playing out right now. Oil prices tumbled 10 percent this week, including a 5 percent drop Friday.

The IEA cautioned that risks of oil supply disruptions are growing. Low prices could raise the risk of social disruption in some countries dependent on oil, the agency said, and the ongoing conflict in Iraq and Libya hasn't slowed down.

(READ COMPLETE ARTICLE)

ALSO SEE ADDITIONAL INFORMATION WITHIN THE LINKS BELOW . . .

IEA sees new pressure on oil prices as glut worsens
http://www.dw.de/iea-sees-new-pressure-on-oil-prices-as-glut-worsens/a-18313929

IEA releases Oil Market Report for March
http://www.iea.org/newsroomandevents/news/2015/march/iea-releases-oil-market-report-for-march.html

Oil price has further to fall, warns IEA
http://www.telegraph.co.uk/finance/oilprices/11469514/Oil-price-has-further-to-fall-warns-IEA.html

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Colleagues,

The link below may be of interest. Reminds me a bit of ongoing discussion
of drought and famine as precursor to conflict.

Please feel free to share with anyone who may be interested.

Best.

Lin
202.436.6354

Begin forwarded message:

*From:* Kathy Gilbeaux via admin <admin@m.resiliencesystem.org>
*Date:* March 19, 2015 at 6:10:51 PM EDT
*To:* economics@m.resiliencesystem.org, economics-tx@m.resiliencesystem.org,
energy-tx@m.resiliencesystem.org, petrochemicals-tx@m.resiliencesystem.org,
sustainable-energy@m.resiliencesystem.org, economy@m.resiliencesystem.org,
petrochemicals@m.resiliencesystem.org,
petrochemicals-us@m.resiliencesystem.org,
green-energy@m.resiliencesystem.org
*Subject:* *[economics][8 other groups] Energy Agency Sees More Oil
Declines, Potential for Conflict*
*Reply-To:* economics@m.resiliencesystem.org,
economics-tx@m.resiliencesystem.org, energy-tx@m.resiliencesystem.org,
petrochemicals-tx@m.resiliencesystem.org,
sustainable-energy@m.resiliencesystem.org, economy@m.resiliencesystem.org,
petrochemicals@m.resiliencesystem.org,
petrochemicals-us@m.resiliencesystem.org,
green-energy@m.resiliencesystem.org

FILE - In this Tuesday, Oct. 14, 2014, file photo, oil pumps work at sunset
in the desert oil fields of Sakhir, Bahrain. Oil prices have further to
drop
with no signs of slowing production in the U.S., according to the
International Energy Agency, Friday, March 13, 2015. (AP Photo/Hasan
Jamali,
File) - Associated Press

ABC News - AP - March 13, 2015

Oil prices have further to drop with few signs of slowing production in the
U.S., according to a global energy agency.

The International Energy Agency, a watchdog group based in Paris that
represents the world's main oil-importing nations, said in its monthly
report
Friday that the recent stabilization in oil prices is "precarious."

"Behind the facade of stability, the rebalancing triggered by the price
collapse has yet to run its course," it said.

That may be playing out right now. Oil prices tumbled 10 percent this week,
including a 5 percent drop Friday.

The IEA cautioned that risks of oil supply disruptions are growing. Low
prices could raise the risk of social disruption in some countries
dependent
on oil, the agency said, and the ongoing conflict in Iraq and Libya hasn't
slowed down.

(READ COMPLETE ARTICLE) [1]

ALSO SEE ADDITIONAL INFORMATION WITHIN THE LINKS BELOW . . .

IEA sees new pressure on oil prices as glut worsens
http://www.dw.de/iea-sees-new-pressure-on-oil-prices-as-glut-worsens/a-18313929
[2]

IEA releases Oil Market Report for March
http://www.iea.org/newsroomandevents/news/2015/march/iea-releases-oil-market-report-for-march.html
[3]

Oil price has further to fall, warns IEA
http://www.telegraph.co.uk/finance/oilprices/11469514/Oil-price-has-further-to-fall-warns-IEA.html
[4]

=======
Full post:
http://resiliencesystem.org/energy-agency-sees-more-oil-declines-potential-conflict
Manage my subscriptions: http://resiliencesystem.org/mailinglist
Stop emails for this post:
http://resiliencesystem.org/mailinglist/unsubscribe/8807

[1]
http://abcnews.go.com/Business/wireStory/energy-agency-sees-oil-declines-potential-conflict-29614233
[2]
http://www.dw.de/iea-sees-new-pressure-on-oil-prices-as-glut-worsens/a-18313929
[3]
http://www.iea.org/newsroomandevents/news/2015/march/iea-releases-oil-market-report-for-march.html
[4]
http://www.telegraph.co.uk/finance/oilprices/11469514/Oil-price-has-further-to-fall-warns-IEA.html

Lin,

I agree with you. Food insecurity and childhood deaths seem to be key factors in the emergence of conflict and social crisis. That is why the West African Resilience Systems are watching the post-Ebola food insecurity issues so closely.

Mike

Michael D. McDonald, Dr.P.H.

Coordinator
Global Health Response and Resilience Alliance

Chairman
Oviar Global Resilience Systems, Inc.

Executive Director
Health Initiatives Foundation, Inc.

Cell: 202-468-7899
Michael.D.McDonald@mac.com <mailto:Michael.D.McDonald@mac.com>

http://resiliencesystem.org

> On Mar 20, 2015, at 6:50 AM, LintonWells via admin <admin@m.resiliencesystem.org> wrote:
>
> Colleagues,
>
> The link below may be of interest. Reminds me a bit of ongoing discussion of drought and famine as precursor to conflict.
>
> Please feel free to share with anyone who may be interested.
>
> Best.
>
> Lin
> 202.436.6354 <tel:202.436.6354>
>
> Begin forwarded message:
>
>> From: Kathy Gilbeaux via admin <admin@m.resiliencesystem.org <mailto:admin@m.resiliencesystem.org>>
>> Date: March 19, 2015 at 6:10:51 PM EDT
>> To: economics@m.resiliencesystem.org <mailto:economics@m.resiliencesystem.org>, economics-tx@m.resiliencesystem.org <mailto:economics-tx@m.resiliencesystem.org>, energy-tx@m.resiliencesystem.org <mailto:energy-tx@m.resiliencesystem.org>, petrochemicals-tx@m.resiliencesystem.org <mailto:petrochemicals-tx@m.resiliencesystem.org>, sustainable-energy@m.resiliencesystem.org <mailto:sustainable-energy@m.resiliencesystem.org>, economy@m.resiliencesystem.org <mailto:economy@m.resiliencesystem.org>, petrochemicals@m.resiliencesystem.org <mailto:petrochemicals@m.resiliencesystem.org>, petrochemicals-us@m.resiliencesystem.org <mailto:petrochemicals-us@m.resiliencesystem.org>, green-energy@m.resiliencesystem.org <mailto:green-energy@m.resiliencesystem.org>
>> Subject: [economics][8 other groups] Energy Agency Sees More Oil Declines, Potential for Conflict
>> Reply-To: economics@m.resiliencesystem.org <mailto:economics@m.resiliencesystem.org>, economics-tx@m.resiliencesystem.org <mailto:economics-tx@m.resiliencesystem.org>, energy-tx@m.resiliencesystem.org <mailto:energy-tx@m.resiliencesystem.org>, petrochemicals-tx@m.resiliencesystem.org <mailto:petrochemicals-tx@m.resiliencesystem.org>, sustainable-energy@m.resiliencesystem.org <mailto:sustainable-energy@m.resiliencesystem.org>, economy@m.resiliencesystem.org <mailto:economy@m.resiliencesystem.org>, petrochemicals@m.resiliencesystem.org <mailto:petrochemicals@m.resiliencesystem.org>, petrochemicals-us@m.resiliencesystem.org <mailto:petrochemicals-us@m.resiliencesystem.org>, green-energy@m.resiliencesystem.org <mailto:green-energy@m.resiliencesystem.org>
>>
>>
>>
>> FILE - In this Tuesday, Oct. 14, 2014, file photo, oil pumps work at sunset
>> in the desert oil fields of Sakhir, Bahrain. Oil prices have further to drop
>> with no signs of slowing production in the U.S., according to the
>> International Energy Agency, Friday, March 13, 2015. (AP Photo/Hasan Jamali,
>> File) - Associated Press
>>
>> ABC News - AP - March 13, 2015
>>
>> Oil prices have further to drop with few signs of slowing production in the
>> U.S., according to a global energy agency.
>>
>> The International Energy Agency, a watchdog group based in Paris that
>> represents the world's main oil-importing nations, said in its monthly report
>> Friday that the recent stabilization in oil prices is "precarious."
>>
>> "Behind the facade of stability, the rebalancing triggered by the price
>> collapse has yet to run its course," it said.
>>
>> That may be playing out right now. Oil prices tumbled 10 percent this week,
>> including a 5 percent drop Friday.
>>
>> The IEA cautioned that risks of oil supply disruptions are growing. Low
>> prices could raise the risk of social disruption in some countries dependent
>> on oil, the agency said, and the ongoing conflict in Iraq and Libya hasn't
>> slowed down.
>>
>> (READ COMPLETE ARTICLE) [1]
>>
>> ALSO SEE ADDITIONAL INFORMATION WITHIN THE LINKS BELOW . . .
>>
>> IEA sees new pressure on oil prices as glut worsens
>> http://www.dw.de/iea-sees-new-pressure-on-oil-prices-as-glut-worsens/a-18313929 <http://www.dw.de/iea-sees-new-pressure-on-oil-prices-as-glut-worsens/a-18313929>
>> [2]
>>
>> IEA releases Oil Market Report for March
>> http://www.iea.org/newsroomandevents/news/2015/march/iea-releases-oil-market-report-for-march.html <http://www.iea.org/newsroomandevents/news/2015/march/iea-releases-oil-market-report-for-march.html>
>> [3]
>>
>> Oil price has further to fall, warns IEA
>> http://www.telegraph.co.uk/finance/oilprices/11469514/Oil-price-has-further-to-fall-warns-IEA.html <http://www.telegraph.co.uk/finance/oilprices/11469514/Oil-price-has-further-to-fall-warns-IEA.html>
>> [4]
>>
>> =======
>> Full post:
>> http://resiliencesystem.org/energy-agency-sees-more-oil-declines-potential-conflict <http://resiliencesystem.org/energy-agency-sees-more-oil-declines-potential-conflict>
>> Manage my subscriptions: http://resiliencesystem.org/mailinglist <http://resiliencesystem.org/mailinglist>
>> Stop emails for this post:
>> http://resiliencesystem.org/mailinglist/unsubscribe/8807 <http://resiliencesystem.org/mailinglist/unsubscribe/8807>
>>
>> [1] http://abcnews.go.com/Business/wireStory/energy-agency-sees-oil-declines-potential-conflict-29614233 <http://abcnews.go.com/Business/wireStory/energy-agency-sees-oil-declines-potential-conflict-29614233>
>> [2] http://www.dw.de/iea-sees-new-pressure-on-oil-prices-as-glut-worsens/a-18313929 <http://www.dw.de/iea-sees-new-pressure-on-oil-prices-as-glut-worsens/a-18313929>
>> [3] http://www.iea.org/newsroomandevents/news/2015/march/iea-releases-oil-market-report-for-march.html <http://www.iea.org/newsroomandevents/news/2015/march/iea-releases-oil-market-report-for-march.html>
>> [4] http://www.telegraph.co.uk/finance/oilprices/11469514/Oil-price-has-further-to-fall-warns-IEA.html <http://www.telegraph.co.uk/finance/oilprices/11469514/Oil-price-has-further-to-fall-warns-IEA.html>
> =======
> Full post: http://resiliencesystem.org/energy-agency-sees-more-oil-declines-potential-conflict
> Manage my subscriptions: http://resiliencesystem.org/mailinglist
> Stop emails for this post: http://resiliencesystem.org/mailinglist/unsubscribe/8807

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