From kkeville at MIT.EDU  Thu Jun 23 20:51:38 2005
From: kkeville at MIT.EDU (Kurt Keville)
Date: Thu, 23 Jun 2005 20:51:38 -0400
Subject: [Mit_energy] Oil Shockwave
Message-ID: <5.2.1.1.2.20050623190707.0474be88@po10.mit.edu>

An Oil Crisis Executive Simulation was orchestrated in DC yesterday. It 
paints a dire picture of what happens to the world economies when there is 
a disruption in oil production after some political instability in Nigeria 
triggers a domino effect with OPEC nations reducing production to make 
political gains. It was a catastrophic scenario, and made the post 9/11 
recession look like a bank holiday. It was sobering considering what 
tinderboxes some of these countries are; I had not realized how fragile 
this market was.

See http://www.secureenergy.org/ for more info.