“The report details the findings of Oil Shockwave, an oil crisis simulation conducted earlier this summer, which found that taking less than 4% of oil off the global market due to small incidents of political unrest and terrorism would cause prices to rise dramatically to more than $161 bb. It also showed that once an oil supply disruption occurs there are few short-term options for protecting the U.S. and global economy.”

Niiice. So a minor disruption will causes prices to approximately triple.

Visit the National Commission on Energy Policy web site…

View the full report… (PDF)