Each year a dwindling global pool of exports has been generating ever greater competition among importing nations and has become a largely unheralded force behind record high oil prices, Cobb writes.
Europe wants to escape Gazprom's stranglehold by diversifying into shale gas. But Gazprom is throwing up obstacles.
Oil prices belie the industry's story of continued abundance in oil supplies.
A new report out from Japan suggests that the new Nissan 2013 Leaf with offer a longer range, as well as a lower-cost model with a smaller battery pack. the car goes on sale in January, and will differ from units currently available in the US.