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CNBC anchor implies US must support dictators to keep cheap oil flowing | Raw Story

31.1.11

CNBC anchor implies US must support dictators to keep cheap oil flowing | Raw Story: "She added that as one of the most developed economies in the Middle East, it was surprising to see many of the society's wealthiest individuals supporting regime change. Tens of thousands of protesters across the country have taken to the streets the last few days, demanding President Mubarak resign.

'One more thing,' Burnett remarked. 'If this spreads, the United States could take a huge hit because democracy in a place like Saudi Arabia, you've talked about who might come in power, what that means for oil prices. They're going to go stratospheric.'

'There's no doubt about it,' MSNBC host Joe Scarborough said. 'No doubt about it!'"


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