{"id":517967,"date":"2010-04-06T10:03:00","date_gmt":"2010-04-06T14:03:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/oil-spike-2010-4"},"modified":"2010-04-06T10:03:00","modified_gmt":"2010-04-06T14:03:00","slug":"the-15-countries-that-are-getting-buried-by-this-oil-spike","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/517967","title":{"rendered":"The 15 Countries That Are Getting Buried By This Oil Spike"},"content":{"rendered":"

\"Oil<\/a>Oil prices have surged back<\/a> at the sight of a global rally in trade. <\/p>\n

With every leading indicator, from shipping<\/a> to manufacturing data<\/a>, pointing towards a global return to growth, oil inevitably follows the trend.<\/p>\n

Now some countries around the world are starting to shake and worry about the impact a price rise will have on their economies, many of which are far too reliant on imported oil.<\/p>\n

Here are those <\/strong><\/strong><\/a>countries that will get slammed ><\/strong><\/strong><\/a><\/h2>\n

Ukraine: 5.42 barrels per day per 1000 people<\/h2>\n

\"Ukraine:<\/div>\n

The Ukraine’s relationship with Russia over oil leads to near yearly crises over exports<\/a>, in which Russia holds the Ukraine to ransom over pricing.<\/p>\n

Source: Nationmaster.com<\/a> and Reuters<\/a><\/em><\/p>\n

<\/p>\n

South Africa: 5.82 barrels per day per 1000 people<\/h2>\n

\"South<\/div>\n

A new oil pipeline from Mozambique to South Africa is meant to be completed in 2011<\/a> and deliver significant supply<\/a> to the Johannesburg area.<\/p>\n

Source: Nationmaster.com<\/a> and Petroline Holdings<\/a><\/p>\n

<\/p>\n

Turkey: 8.39 barrels per day per 1000 people<\/h2>\n

\"Turkey:<\/div>\n

Turkey’s geo-strategic position establishes it as a gateway for oil<\/a> from the Middle East to European markets. It will shortly be tapping into that potential, with several pipeline projects meant to run through the country.<\/p>\n

Source: Nationmaster.com<\/a> and Worldpress.org<\/a><\/p>\n

<\/p>\n

Thailand: 8.41 barrels per day per 1000 people<\/h2>\n

\"Thailand:<\/div>\n

Thailand may have 290 million barrels in reserve<\/a>, but imports more oil than nearly every other country in South East Asia.<\/p>\n

Source: Nationmaster.com<\/a> and Mbendi Information Services<\/a><\/p>\n

<\/p>\n

Australia: 11.90 barrels per day per 1000 people<\/h2>\n

\"Australia:<\/div>\n

Australian domestic oil production is likely to cease before 2030<\/a> as the country runs out of supplies.<\/p>\n

Source: Nationmaster.com<\/a> and The M. King Hubbert Center<\/a><\/p>\n

<\/p>\n

Panama: 18.15 barrels per day per 1000 people<\/h2>\n

\"Panama:<\/div>\n

Panama ranks 100<\/a> in the list of oil exporting countries, behind other limited producers like Puerto Rico and Austria.<\/p>\n

Source: Nationmaster.com<\/a> and Index Mundi<\/a><\/p>\n

<\/p>\n

Italy: 29.09 barrels per day per 1000 people<\/h2>\n

\"Italy:<\/div>\n

Italian spending on oil is likely to rise by 36%<\/a> on the back of higher prices and the closure of some refineries.<\/p>\n

Source: Nationmaster.com <\/a>and Bloomberg<\/a><\/p>\n

<\/p>\n

France: 30.50 barrels per day per 1000 people<\/h2>\n

\"France:<\/div>\n

French energy giant Total has an interest in Iranian oil<\/a>, which may be halted by expanding sanctions on Iran.<\/p>\n

Source: Nationmaster.com<\/a> and BBC<\/a><\/p>\n

<\/p>\n

Germany: 31.54 barrels per day per 1000 people<\/h2>\n

\"Germany:<\/div>\n

Germany relies on Russia<\/a> for much of its energy imports including oil, a relationship which has been tightened by the announced Nord Stream natural gas pipeline<\/a>.<\/p>\n

Source: Nationmaster.com<\/a>, Wiki<\/a>, and OilGasArticles<\/a><\/p>\n

<\/p>\n

United States: 35.17 barrels per day per 1000 people<\/h2>\n

\"United<\/div>\n

The U.S. has significant oil resources<\/a> untapped, particularly in Alaska where controversy has arisen<\/a> over environmental issues.<\/p>\n

Source: Nationmaster.com<\/a>, EIA<\/a>, and Wiki<\/a><\/p>\n

<\/p>\n

Guatemala: 35.54 barrels per day per 1000 people<\/h2>\n

\"Guatemala:<\/div>\n

Guatemala is a member of Hugo Chavez’s energy alliance and is planning on opening a refinery next year<\/a>.<\/p>\n

Source: Nationmaster.com<\/a> and Up Stream Online<\/a><\/p>\n

<\/p>\n

Spain: 37.18 barrels per day per 1000 people<\/h2>\n

\"Spain:<\/div>\n

Spain demands more than 12%<\/a> of developed Europe’s oil, but contributes nothing to its supply.<\/p>\n

Source: Nationmaster.com<\/a> and Mindbranch<\/a><\/p>\n

<\/p>\n

Greece: 37.21 barrels per day per 1000 people<\/h2>\n

\"Greece:<\/div>\n

Similar to Spain, Greece produces nothing<\/a> in terms of European oil supply, but has 3.45% of the developed European market demand.<\/p>\n

Source: Nationmaster.com<\/a> and MarketResearch.com<\/a><\/p>\n

<\/p>\n

Japan: 41.60 barrels per day per 1000 people<\/h2>\n

\"Japan:<\/div>\n

Iran is a key oil partner of Japan and in 2009 accounted for 12% of Japan’s import supply<\/a>.<\/p>\n

Source: Nationmaster.com<\/a> and NYTimes.com<\/a><\/p>\n

<\/p>\n

Israel: 43.50 barrels per day per 1000 people<\/h2>\n

\"Israel:<\/div>\n

Not surprisingly, they’re far and away the most vulnerable.<\/p>\n

Source: Nationmaster.com<\/a> and Israel National News<\/a><\/p>\n

<\/p>\n

Here are the 15 oil and gas pipelines that are changing the world’s strategic map<\/h2>\n

\"Here<\/div>\n

Check out the pipelines here ><\/strong><\/a><\/h2>\n

Join the conversation about this story »<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Oil prices have surged back at the sight of a global rally in trade.  With every leading indicator, from shipping to manufacturing data, pointing towards a global return to growth, oil inevitably follows the trend. Now some countries around the world are starting to shake and worry about the impact a price rise will have […]<\/p>\n","protected":false},"author":1977,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-517967","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/517967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1977"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=517967"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/517967\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=517967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=517967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=517967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}