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The American Empire in a Changing World



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Saturday, April 21, 2012

''Peak Oil Off: Great Game On''

a great read..............From 'There are no Sunglasses'

............."But just when we thought the global hydrocarbon map was complete, another serious player has cropped up, and it comes in the form of East Africa. This is the new African oil rush, and the race to secure regional riches between East and West is on. Nobody wants to lose: Peak oil is dead, the Great Game is back. 

What’s particularly interesting about East Africa finds in Kenya, Tanzania, Mozambique, Madagascar, Ethiopia and more established fields in Uganda and Sudan, isn’t just the size of the finds, but the fact that European players have been leading the charge to secure concessions."

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