Unseemly Scrabble for Libya’s Post-Gaddafi Oil Assets Underway

John Daly
OilPrice.com
September 2, 2011

While NATO members, led by France, piously proclaimed at the onset of their military offensive in Libya that their concerns were solely humanitarian, a covert tussle to gain a commanding lead in developing the country’s energy riches in light of Colonel Gaddafi’s departure is well underway.

The Libyan economy depends primarily upon revenues from the oil sector, which contribute about 95 percent of export earnings, 25 percent of GDP, and 80 percent of government revenue.

Prior to the outbreak of conflict, Libya was exporting about 1.3-1.4 million barrels per day from production estimated at roughly 1.79 million barrels per day, of which approximately 280,000 barrels per day were indigenously consumed. But analysts believe that with reconstruction Libya could soon be exporting 1.6 million barrels per day of high-quality, light crude.

Read more






 
Print this page.

Comment Rules


8 Responses to “Unseemly Scrabble for Libya’s Post-Gaddafi Oil Assets Underway”

  1. Note to editor:

    Scrabble is a family-fun board game with words, Scramble is the word you were looking for.

    • BTW the name Scrabble©™ is a copyrighted trademark, it is not a word

  2. We all knew this was coming!

  3. I’ve said it since the beginning. The reasons for the Libya conflict are Oil and Gold. Coincidence that attacks on Quadafi intensified just days after Hugo Chavez announced he wanted all his gold back? I doubt it. Quadafi had billions in gold! Not anymore. I’m sure that’s been looted by the CIA.

    • Well if you’ve glanced at the goldprice.org this morning, I’d say Gaddafi has (apparently and wisely) cleverly moved and secreted it all into a very safe place. The NATO-ZioNAZI armed robbers appear to have come up empty.

      The Tory-Wahabbist counter-revolution in Libya is an abject failure, long live Liberty and the True Revolution. The global Zio-TRAZIs (Zionist transnational-corporate socialists) can choke on their stolen oil – their silly gambit to steal the 140 tons of Libyan savings has failed – LOL.

      Libya is a big place.

  4. Thought I’d share…..
    Only 31 words — Think about it!
    Isn’t life strange? I never met one Veteran who enlisted to fight for Socialism!

    86% will send this on.
    I PLEDGE ALLEGIANCE TO THE FLAG, OF THE UNITED STATES OF AMERICA , AND TO THE REPUBLIC FOR WHICH IT STANDS, ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL!
    If Muslims can pray on Madison Avenue, why are Christians banned from praying in public and from erecting religious displays on their holy days?

    What happened to our National Day of Prayer? Muslims are allowed to block off Madison Ave. , in N.Y..C., and pray in the middle of the street! And, it’s a monthly ritual!

    Tell me, again, whose country is this? Ours or the Muslims?

    I was asked to send this on if I agree, or delete if I don’t.
    It is said that 86% of Americans believe in God.
    Therefore, I have a very hard time understanding why there is such a problem in having ‘In God! We Trust’ on our money and having ‘God’ in the Pledge of Allegiance.

    I believe it’s time we stand up for what we believe

    • Stand for something or you’ll fall for anything! I’m with you!

    • To make an evil person do evil takes only temptation, but to make a good person do evil, that takes established corporatist religionism.

      You cannot have a noble enthroned gay male hell owning warlord-’father’ in ‘heaven’ with an ugly gay male dongeonmaster boyfriend named satan and call yourself a “Christian” or a monotheist.

      Our Parentage are Heaven and you cannot have a “heavenly father” without also having a heavenly mother!

      “I am that I am” are the antecedent, creative marriage that are Heaven and according to David in Psalm 22 we are all, now, “a new people” (family) “because He (Our Savior) had done this”…

      Get your heads out of your evil Roman Constantinian-corporate-fascist “bibles” and follow Our Savior alone.

      Our Aten-monotheist “G-d” are the “union of the risen and the submerged forms”, the “motherhood and fatherhood of all that is”, the marriage of All Loveliness to All Belovedness, Themselves Itself, The All Itself, not some noble gay male tribal mafia terrorist warlord on a throne.

      There was no distinct word in Aramaic for “Parentage” the substitute term was “(house of the) father”.

      Let us pray: “Our Parentage whom are Heaven…”

Leave a Reply

You must be logged in to post a comment.

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes