RealNews

Outside View: The threat of oil jihad

The Feb. 24 unsuccessful terrorist attack in Saudi Arabia on the world’s largest oil processing facility was intended to bring jihad to the wallets of consumers around the world. It prompted nervous buyers to bid up the price of a barrel of light crude oil by $2.37, or roughly 4 percent, on the New York Mercantile Exchange. With global oil consumption at 82 million barrels a day, almost $200 million will move from buyers to sellers for every day that prices stay this high. In the United States, it means an additional $47 million a day out of our pockets. Full Story

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.