Wednesday, August 25, 2004

How World War III Will Start...and Where.

Mr. Esmay  calls our attention to the fact that oil prices are high, and that there are some indications that the great oil field in Saudi Arabia, the Ghawar -- may be drying up.  He expresses doubt that there will be a catastrophic impact on the AMerican economy from high oil prices.  That is debatable, although I would rather not get into that debate right now. 

Mr. Esmay opines, though, that high oil prices could result in considerable turmoil in the Middle East, if a higher degree of political stability is not attained.  No debate there.  However, there has been turmoil in that regoin for a long time.  The people there are used to it.  Therefore, I am not too worried about it.  That is not where the next World War will start.

The next World War will start in the Caspian region. Read the rest at The Rest of the Story.