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petroleum

World News and Trends: Watch the oil chessboard

  • by John Ross Schroeder, Melvin Rhodes
"Is there any man, is there any woman, let me say any child here that does not know that the seed of war in the modern world is industrial and commercial rivalry?" So asked Woodrow Wilson (1856-1924), U.S. president during World War I.

World News and Trends: Europe's fuel shortage

  • by John Ross Schroeder, Melvin Rhodes, Scott Ashley
Conditions are virtually back to normal, but just a short while ago newspapers devoted page after page to the fuel shortage in Britain and several other European nations. The problem began in France and spread from there to other countries.