Full disclosure: I work for Big Oil so some of you might feel I'm just trying to stir up fear to line my own pockets. Hopefully most of you know me well enough to realize I'm trying to help.

The price of oil shot up almost $4 per barrel today due to the massive rioting on Egypt. Violence is spreading along the Egyption side of the Suez canal, through which a fair amount of oil still passes. The citizens of other Middle Eastern countries are also starting up against their governments. So far the House of Saud in Saudi Arabia hasn't come under attack, but civil unrest/outright rebellion has been brewing there for a long time, too. If things go hot in Saudi then oil prices will skyrocket.

US workers are already being brought home from certain M.E. countries for safety/security reasons. I seriously hope this all blows over fast but if it doesn't all hell is going to break loose in the oil market.

-Blast