How's $400 dollar a barrel sound?

Global Energy Network Depends on a Few Vulnerable Nodes

This article from Wired, via New Scientist, shows how shockingly vulnerable the world's oil supply is. The Enbridge pipelines supply one fifth of our oil, the Abqaiq processing facility processes two thirds of Saudi oil, ten percent of the worlds oil goes through the Ras Tanura terminal, and the straits of Hormuz and Malacca see twenty percent of daily production. Any disruption at these points would completely throw us into the garroting and shanking situation I described before.

The scary part is that when testing scenarios SAFE found that it would only take a 1.2% disruption to affect price increases as much as 75%.

Fears of attack aside, the weakening dollar and our weakening economy is what's going to be driving up oil in the near term. So get ready to turn on your fellow man.