Comment

Gaddafi Planning to Sabotage Oil Pipelines?

11
Interesting Times2/22/2011 1:16:44 pm PST

re: #7 Decatur Deb

Markets tanked on the oil threat. Someone will get quite a bonus when Muammar shuffles off the mortal coil.

And if anyone’s tempted to make the “oh well the US doesn’t get much oil from Libya” argument, it needs to be said that oil is fungible - so a disruption in one region means the price goes up everywhere.