San Diego, CA, March 01, 2011 --(PR.com
)-- In an interview with Energy Digital, an insider of the Middle East explains the tension that is causing oil prices to rise, while leaving countries to re-think their offshore positions.
Oil controversies have made constant news beginning in the early 1900s. Having most of the world’s economic superpowers linked to oil, it’s no surprise there has been a high interest surrounding the Middle East.
With recent uprisings and overthrowing of government officials, now more than ever the issue of oil is vast. With Algeria, Libya, Bahrain and Egypt supplying over one-third of the world’s oil and approximately one-fifth of its natural gas, the political instability of these countries are more important now than ever.
Energy Digital continues to explore the uncertainty of the Middle East as issues arise.
Read the full article, http://www.energydigital.com/sectors/oil-and-gas/oil-prices-rise-over-middle-east-tensions-offshore-oil-and-gas-reserves-answer
About Energy Digital
Energy Digital is a leading digital media source of news and content for C-level executives focused on business and all aspects of managing the environment. Energy Digital provides information for industry specific issues such as: Renewables; Global Operations; Exploration and Production, and Green Business. Energy Digital is the industry-dedicated arm of the White Digital Media Group. Founded in 2007 by entrepreneur Glen White, White Digital Media retains a diversified portfolio of websites, magazines, daily news feeds and weekly e-newsletters that leverage technology to innovatively deliver high-quality content, analytical data, and industry news.
Energy Digital and is headquartered in San Diego, California, with additional offices in Boston, Toronto, Mumbai, and Norwich, England. For more information, contact 1-760-827-7800 or visit http://www.energydigital.com