Saturday, August 9, 2008

Civil unrest as I predicted

on August 5th I predicted that there would be civil unrest in an area that refines, produces or transports (pipeline) oil.

We have seen recently what is happening Between georgia and Russia.

The gas and oil pipelines that run through Georgia are of strategic importance to Western Europe because they reduce dependence on Russian supplies and do not cross Russian territory.

Two major pipelines take supplies from the oil and gas fields in the Azeri region of the Caspian Sea through the Georgian capital of Tbilisi. From there they head south, away from the breakaway South Ossetia region and into Turkey, then onwards into the European Union.

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