[3] Ron Andreas, reporter/researcher, e-mail correspondence with the author.
[4] Michael T. Klare, Resource Wars: The New Landscape of Global Conflict (Holt Paperbacks, 2002).
[5] Red Cavaney, “Global Oil Production about to Peak? A Recurring Myth,” World Watch (01 January 2006), http://goliath.ecnext.com/coms2/gi_0199-5142950/Global-oil-production-about-to.html
[6] Eliyahu Kanovsky, “Oil: Who's Really Over a Barrel?” Middle East Quarterly (Spring 2003), http://www.meforum.org/article/527
[7] Ibid.
[8] Ibid.
[9] ] Red Cavaney, “Global Oil Production about to Peak? A Recurring Myth,” World Watch (01 January 2006), http://goliath.ecnext.com/coms2/gi_0199-5142950/Global-oil-production-about-to.html
[10] The Wall Street Journal (10 March 1998); cited in Eliyahu Kantovsky, “Oil: Who's Really Over a Barrel?” Middle East Quarterly (Spring 2003), http://www.meforum.org/article/527
[11] The Wall Street Journal (17 May 2001); cited in Eliyahu Kantovsky, Ibid.; see also Bill Kovarik, “The Oil Reserve Fallacy: Proven reserves are not a measure of future supply,” http://www.radford.edu/~wkovarik/oil/
[12] F. William Engdahl, “Perhaps 60% of Today’s Oil Price Is Pure Speculation,” financialsense.com (2 May 2008), http://www.financialsense.com/editorials/engdahl/2008/0502.html
[13] Ibid.
[14] Stanley Reed, “Help from the House of Saud: Why the leading oil producer wants to cool off the market,” Business Week (29 May 2008), http://www.businessweek.com/print/magazine/content/08_23/b4087030945015.htm
[15] Ibid.
[16] Cyrus Bina and Minh Vo, “OPEC in the Epoch of Globalization: An Event Study of Global Oil Prices,” Global Economy Journal, Vol. 7, Issue 1 (2007); for a discussion of the theory and history of oil price determination see also, Cyrus Bina, “The Rhetoric of Oil and the Dilemma of War and American Hegemony,” Arab Studies Quarterly 15, no. 3 (Summer 1993); also Cyrus Bina, “Limits of OPEC Pricing: OPEC Profits and the Nature of Global Oil Accumulation,” OPEC Review 14, no. 1 (Spring 1990).
[17]. F. William Engdahl, “Perhaps 60% of Today’s Oil Price Is Pure Speculation,” financialsense.com (2 May 2008), http://www.financialsense.com/editorials/engdahl/2008/0502.html
[18] Cyrus Bina and Minh Vo, “OPEC in the Epoch of Globalization: An Event Study of Global Oil Prices,” Global Economy Journal, Vol. 7, Issue 1 (2007).
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