DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - FOX Opinion: Did Bush-era policies spark current Arab revolutions?

**JanetMorris** · 01-28-2011, 01:05 PM

Interesting point made by a CNBC analyst on this point. Regardless of what sparks these uprisings, the economic perspective on this is that once free markets and capitalists get their hands on oil reserves, one can expect massive price increases in oil. For all the fuss over $100/barrel today, people will be fussing over $600/barrel prices then.

Prepare yourself to fork over $400 to fill up the tank on your Hummers, folks. And electric car/hybrid drivers, pat yourselves on the back for being smart early.

As for the first post in this thread, many folks attribute this and Iran's clashes to the Internet. Information beyond a country's borders, social media and blogs are deflating the impact of state-run media in many countries and creating a generation of better-informed youth who want more than totalitarian regimes can offer.

01-28-2011, 01:05 PM	#2
JanetMorris Join Date Oct 2005 Posts 419 Senior Member	Interesting point made by a CNBC analyst on this point. Regardless of what sparks these uprisings, the economic perspective on this is that once free markets and capitalists get their hands on oil reserves, one can expect massive price increases in oil. For all the fuss over $100/barrel today, people will be fussing over $600/barrel prices then. Prepare yourself to fork over $400 to fill up the tank on your Hummers, folks. And electric car/hybrid drivers, pat yourselves on the back for being smart early. As for the first post in this thread, many folks attribute this and Iran's clashes to the Internet. Information beyond a country's borders, social media and blogs are deflating the impact of state-run media in many countries and creating a generation of better-informed youth who want more than totalitarian regimes can offer.
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