Last updated 10:02AM ET
April 24, 2014
WFCR Local Features
WFCR Local Features
Arab Unrest Causes Oil and Gas Prices to Soar
(2011-03-02)
(wfcr) - There's no certainty about what will follow the uprisings sweeping the Middle East and Nothern Africa, including the fate of the dictator of oil-rich Libya. But in the midst of the unrest one thing is known,oil and gas prices are going up fast.WFCR's Susan Kaplan spoke this week with Five College professor Michael Klare,who teaches about energy policy and New York Times columnist Michael Lynch. Lynch says unrest in oil producing countries creates almost instant havoc in the global economy. © Copyright 2014, wfcr