Will the Arab revolt challenge Big Oil?

posted by
February 22, 2011
The Nation Blog
by Robert Dreyfuss  
Posted in Commentary, PND Commentary

"The Arab revolution is circling around the region’s oil, and there’s talk of nationalizing or strengthening state control of industries in Egypt. So far, the Arab revolt has been mostly non-ideological. But at stake is the incalculable wealth of a long-suppressed region. With Bahrain, the anchor of the U.S. military presence in the Gulf, wobbling, and with the seeds of revolt planted in Kuwait, the revolt in Libya could provoke a burst of Arab nationalism aimed at taking control of the Middle East oil resources." (02/22/11)

http://tinyurl.com/6aes5x5  

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