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A militant attack against oil infrastructure in the Niger Delta region has disproportionate effects on global energy markets. A look at the underlying issues.
"Previously, their aim was 'to incite communal strife between Hindus and Muslims,' said Reva Bhalla, director of geopolitical analysis at Stratfor, a private intelligence company in Austin, Texas. The latest attacks were aimed at 'spreading fear to Western tourists and businesspeople, hitting at India’s economic lifelines.'"
Bloomberg"Peter Zeihan, vice president at geopolitical consultancy Stratfor, reckons that, by the end of 2010, Europe will have put in place infrastructure allowing it to replace two-thirds of the gas it receives from Russia."
Wall St. Journal
