Tuesday, February 21, 2006

Violence in Nigeria is upsetting the oil markets again. Didn't we warn you about all of this? The hypersensitive markets and price fluctuations. Read previous blog entries for the details, but basically, as oil becomes more scarce, violence against the sources of the "oxygen of civilization" as we call oil, will increase. [Read Article]


As the analyst quoted in the article states,"these events potentially put the focus back on the supply side, with the understanding that a large portion of oil supply is in high-risk countries." Now, what part of "high risk" do you not understand?


Stay tuned folks as we continue to keep you informed of the latest news on the peak oil frontlines.


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