Stories tagged with "terror premium"
Nigeria: Energy Infrastructure Firestorm
Posted by jeffvail on July 8, 2007 - 9:44am
Topic: Supply/Production
Tags: energy insurgency, free-market insurgency, guerrilla entrepreneurs, ijaw, infrastructure attacks, infrastructure protection, infrastructure targeting, mend, niger delta, nigeria, oil, oil insurgency, oil wars, terror premium [list all tags]
When a fire becomes sufficiently intense, its heat creates a rising column of air so strong that surrounding air is drawn into the void, creating a draft that sustains and intensifies the fire. It becomes a self-sustaining, self-intensifying organism: a firestorm. The violence in Nigeria’s delta region has become a firestorm, and the consequences of this transformation will fundamentally impact that nation’s ability to export oil. Recent events in the delta region have transitioned the violence there from a negative-feedback loop where there was a disincentive to militants to shut in too high a portion of Nigeria’s oil exports to a positive-feedback loop where militants will compete to completely destroy Nigeria’s capacity to export oil.

Figure 1: Nigerian Militants in a Speedboat
Nigeria: Energy Infrastructure Firestorm
Posted by jeffvail on March 11, 2007 - 10:10am
Topic: Supply/Production
Tags: energy insurgency, free-market insurgency, guerrilla entrepreneurs, ijaw, infrastructure attacks, infrastructure protection, infrastructure targeting, mend, niger delta, nigeria, oil, oil insurgency, oil wars, terror premium [list all tags]

Figure 1: Nigerian Militants in a Speedboat

k Nation (Jim Kunstler)


GAIA Host Collective