Quantcast

Web Letters | The Nation

The Breakdown: Why Is Egypt in Revolt?

Question

I've heard that Libya is the twelfth-largest oil supplier in the world. I've also heard multiple news sources directly link the recent sharp increase in gas prices to instability there. I'm curious to know just how insecure our supply of oil actually is, that unrest in the production capacity of the twelfth-largest supplier can send oil prices to over $104 a barrel.

Lauren Siebert

Maquoketa, IA

Mar 7 2011 - 3:16pm