Monday, May 26, 2008

John Gray on petroluem prices and war

The growing populations of the [Arabian] Gulf need high or rising oil prices. The US, Europe, Japan, China, and India need stable or falling oil prices. In itself, this could be a manageable conflict; but it coincides with a steep rise in fundamentalism. Rising population and falling incomes are fuelling anti-western movements. It is not easy to envisage a scenario in which these conflicts are peacefully resolved.

John Gray
Al Qaeda and what it means to be modern, p. 65
Faber & Faber, 2003

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