Libya - It's all over bar the shooting

[AlfredJPruffock]

Libya: the minister, the Tory donor and a contract to supply oil - Telegraph

An oil firm whose chief executive has bankrolled the Conservatives won exclusive rights to trade with Libyan rebels during the conflict, following secret talks involving the British Government.



Wow! I never saw that one coming....

Its not what you think - its just the UK Government's heroic detemination to protect the people of Libya by confiscating the Oil Money thereby ensuring the Libyans dont blow it on X-Boxs, Sweets and Booze etc

Only a Fool cant see that.

PS isn't everybody anxious that the Algerian Poeple are not being protected enough ?

[DimPrawn]

Libya: the minister, the Tory donor and a contract to supply oil - Telegraph

An oil firm whose chief executive has bankrolled the Conservatives won exclusive rights to trade with Libyan rebels during the conflict, following secret talks involving the British Government.



Wow! I never saw that one coming....

[Sysman]

I doubt Libya has that much oil reserves that it will significantly drive down prices.

The involvement of western countries in this war, through NATO, is much more complex and the picture will be clearer in the coming months.

I think they have plenty of oil reserves. I have no idea whether the years of isolation and sanctions had an effect...

[AlfredJPruffock]

I doubt Libya has that much oil reserves that it will significantly drive down prices.

The involvement of western countries in this war, through NATO, is much more complex and the picture will be clearer in the coming months.

Good point - one thing is clear is that NATO's War has nothng to do with "protecting the Libyan people"- quite the opposite - I fear they will now suffer a terrible decline in living standards.

[fullyautomatix]

It does not matter who gets oil as long as it flows to world oil market - this would reduce prices for everyone (including other evil dictators who fund their regimes with high oil prices).

I doubt Libya has that much oil reserves that it will significantly drive down prices.

The involvement of western countries in this war, through NATO, is much more complex and the picture will be clearer in the coming months.

[AlfredJPruffock]

It does not matter who gets oil as long as it flows to world oil market - this would reduce prices for everyone (including other evil dictators who fund their regimes with high oil prices).

Western Goverrment already had Oil Contracts with Libya- so there was no issue with Oil flowing to the Markets - I recall you used this same line of reasoning for the Iraq War - if Saddam stopped the flow of Oil then we would pay a fortune for Oil - well after the Iraq War the Oil Industry itself went on a binge of profit making and inflated Oil prices - as for evil dictators - excellent suggestion lets take out Saudi Arabia !

[TimberWolf]

It does not matter who gets oil as long as it flows to world oil market - this would reduce prices for everyone (including other evil dictators who fund their regimes with high oil prices).

Yeah, it means the world can get on with exponential economic and population growth. Nothing could possible go wrong now.

[AtW]

It does not matter who gets oil as long as it flows to world oil market - this would reduce prices for everyone (including other evil dictators who fund their regimes with high oil prices).

[xoggoth]

Great idea. "Let there be blood" was a brill film.

And if you passed the oil through the earth's core you could distil it as it went, get petrol out of one hole, heavy oil out of another etc.

[PAH]

Maybe they'll have the sense to ring-fence the oil wells with 'UN Peacekeepers' so the supply is protected, and let the rest of the country fall into whatever civil war hell the locals desire.


If I was more a doer than a thinker I'd have implemented my geographically remote oil well drilling solution by now.

After all, all oil fields can be reached from anywhere on the planet, if you dig a long enough tunnel. No need to invade and extract from above.

[xoggoth]

Now we can look look forward to years of NATO involvement in the subsequent chaos while the tribal chiefs/Islamists fight for the country.

[TimberWolf]

This conspiracy theory (mentioned in that Telegraph article comments) has legs :

Gold, Oil, Africa and Why the West Wants Gadhafi Dead
Gaddafi gold-for-oil, dollar-doom plans behind Libya 'mission'? - YouTube

[PAH]

They loaned the bombs and air support to the rebels at an extortionate APR.

The interest charges will allow them to sit back and claim all the oil if the rebels take much longer to start paying their dues.

That's modern business. Outsource the tulipty end of the stick and charge handsomely for holding the stick.

[TimberWolf]

Libya: UK government 'dawdling' as European rivals win lucrative contracts - Telegraph

Probably nonsense. I wouldn't expect the major players (UK and France?) who have expended many bombs and political shenanigans to dawdle on grabbing the oil contracts.

[PAH]

Looks like the rebels have won and all current deaths/injuries are from them shooting in the air in celebration.

BBC News - Who, What, Why: How dangerous is firing a gun into the air?

Maybe they're hosting "The Darwin Awards Live" this year.