Michael Klare on Big Oil in Retreat

Host Per Fagereng speaks with Michael T. Klare about his article on Big Oil in Retreat, which argues that  the dynamics of the energy industry may be changing in a way that could sink Canada’s vast tar sands enterprise in a sea of red ink.  If so, the tar sands industry, already hit hard by the plunge in oil prices last year, may face an even more rugged future.

http://www.tomdispatch.com/post/176035/tomgram%3A_michael_klare,_big_oil_in_retreat/

Michael T. Klare, a TomDispatch regular, is a professor of peace and world security studies at Hampshire College and the author, most recently, of The Race for What’s Left. A documentary movie version of his book Blood and Oil is available from the Media Education Foundation. Follow him on Twitter at @mklare1. Follow TomDispatch on Twitter and join us on Facebook. Check out the newest Dispatch Book, Nick Turse’s Tomorrow’s Battlefield: U.S. Proxy Wars and Secret Ops in Africa, and Tom Engelhardt’s latest book, Shadow Government: Surveillance, Secret Wars, and a Global Security State in a Single-Superpower World. Copyright 2015 Michael T. Klare