Scotland Votes “No.” What does it mean for Petrol Prices?

This morning, people all over the world woke up to the news that the citizens of Scotland had voted against independence from Great Britain in an historical referendum. Prior to the voting process, many pundits had made predictions as to the likely outcome of a “yes” vote for independence. One of these predictions, as reported in...

What does Israel want? The Israeli Invasion and Gaza’s Offshore Gas Fields

The issue of sovereignty over Gaza’s gas fields is crucial. From a legal standpoint, the gas reserves belong to Palestine. The death of Yasser Arafat, the election of the Hamas government, the ruin of the Palestinian Authority and the December 2008 military invasion of the Gaza Strip by Israeli Forces have enabled Israel to establish...

British Petroleum (BP)

British Petroleum is the third largest publicly traded energy company in the world and the fourth largest company overall in terms of revenue. In 2010, BP had revenues of $308 billion and claimed total assets of $272 billion. BP employs over 79,000 people worldwide and is headquartered in London, England but has additional headquarters...