Radical Noesis - Thinking outside the box

Oil was a problem before as we witnessed the run up in crude prices. With the disruption of Gulf of Mexico operations that has gotten worst. Is it possible, that the IAE decision to release large gasoline supplies to the U.S. could be a contributing factor? Or is it a reflection of the narrow margin of oil availability that is striking nation after nation? Or perhaps it is both.

What is interesting, is that while price protests emerge across the world, in the U.S. people scream and fill up their tanks. Britain, which does not have "cheap" gasoline to start with has consumers putting don their feet at the hikes. Nigeria, which cut subsidies last month, has trade union protests entering their second week because of the 30% increase in fuel costs. Indonesia, with a government hardly known for its concern about the poor, is also cutting oil subsidies in the face of a price hike, but offering a stipend to the poor. Perhaps to stave off massive unrest?

Are we seeing the harbingers of the people's response to the end of "oil as we know it?" Uprisings and potential uprisings from nations rich and poor? The corporate choke hold on oil, and the global economy, seems to be trapping nations and their populations in the middle. States try to stave off social "disorder" while following the rules of corporate hegemony. This is a balancing act that is likely to not be tenable for long.