Thursday, March 3, 2011

From Silence to a Caterwaul: Dissecting Developments in the Middle East

Energy Burrito submits:

As I was talking to somebody yesterday about the unrest in MENA and its potential impact on the global crude complex, I realized how completely immersed in the situation I have become. Therefore I figured it would be useful to highlight some of the more pertinent facts and figures involved, as they explain exactly why the crude complex is going ballistic at the moment. A good place to start is by taking a look at the bigger picture - literally - to see how the land lies, and where the potential dominoes may fall:

Lest we forget, the catalyst for the unrest in MENA was a man with a fruit and vegetable stall in Tunisia. He set himself on fire outside his local municipal office after police had confiscated his cart as he lacked a permit, then beat him up when he resisted. From this seed of resistance, protests and


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