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Friday, March 14, 2014

Yemen on the Brink

Post peak countries: the collapse of Yemen

By Ugo Bardi

When I saw for the first time the data about oil production in 
Yemen, I was so impressed that I wanted to know more. I 
found a news source in English - the "Yemen Times" and I placed the link in my feed. For several months, by now, I have been reading the news from a place where I have never been and, probably, will never go, but that I find incredibly fascinating.

The stories in the Yemen Times read as a tragedy written by Shakespeare: for a taste of this feeling, you may read the article titled "Carrying out a death sentence," but it is just an example of a never ending series of disasters taking place in the country, which include some 4000 people murdered every year, including a few taken as target by American drones flying over the country.

Surely, not everything that's taking place in Yemen is to be attributed straight to crude oil but, surely, with oil production now crossing consumption, with the government getting about 70% of its revenues from oil, and with Yemen producing very little that can be exported apart from the "Qat" drug, then some kind of disaster is to be expected. And consider that population continues to grow: Yemen has now about 25 million people (and 50 million guns). (Read More)





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What more poverty?





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