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Colonel Qaddafi has ordered the disruption of Libyan oil exports by destroying pipelines to the Mediterranean, sources tell Time's Robert Baer
Oil has been spiking on fears of a Libyan disruption. Already today the country declared force majeur, effectively canceling oil contracts.
There's been virtually no reliable information coming out of Tripoli, but a source close to the Gaddafi regime I did manage to get hold of told me the already terrible situation in Libya will get much worse. Among other things, Gaddafi has ordered security services to start sabotaging oil facilities. They will start by blowing up several oil pipelines, cutting off flow to Mediterranean ports. The sabotage, according to the insider, is meant to serve as a message to Libya's rebellious tribes: It's either me or chaos.
My Libyan source said that in order to understand Gaddafi's state of mind we need to understand that he feels deeply betrayed by the media, which he blames for sparking the revolt. In particular, he blames the Qatari TV station al-Jazeera, and is convinced it targeted him for purely political motivations. He also feels betrayed by the West because it has only encouraged the revolt. Over the weekend, he warned several European embassies that if he falls, the consequence will be a flood of African immigration that will "swamp" Europe.
The speech by the Libyan leader – who shouted and pounded his fists on the podium – was an all-out call for his backers to impose control over the capital and take back other cities. After a week of upheaval, protesters backed by defecting army units have claimed control over almost the entire eastern half of Libya's 1,000-mile (1,600-kilometer) Mediterranean coast, including several oil-producing areas.
Originally posted by 46ACE
Oh no!1.8 million barrels a day; 2% of the worlds oil...we will be affected by this.edit on 23-2-2011 by 46ACE because: (no reason given)
Originally posted by Jazzyguy
My Libyan source said that in order to understand Gaddafi's state of mind we need to understand that he feels deeply betrayed by the media, which he blames for sparking the revolt. In particular, he blames the Qatari TV station al-Jazeera, and is convinced it targeted him for purely political motivations.
why is there always a link to Soros ???
Can you say, one of the 4 horsemen
of the Apocalypse???
Originally posted by backinblack
why is there always a link to Soros ???
Can you say delusional rantings with no proof?
Originally posted by boondock-saint
Originally posted by backinblack
why is there always a link to Soros ???
Can you say delusional rantings with no proof?
I will not babysit nor change ur diaper.
This has already been substantiated
on other threads. Do your own homework.
I'm so tired of wiping ur @r$e with
Soros scented toilet paper.
Originally posted by backinblack
No probs, a guy worth less than $10 billion controls the world....
That's a little odd..
Warren Buffet = 62 Billion (left wing)
Bill Gates = 54 Billion (left wing)
Maurice Strong = 44 Billion (left wing)
Koch Brothers = 40 Billion (right wing)
George Soros = 14 Billion (left wing)
Rupert Murdoch = 6 Billion (right wing)
My Libyan source said that in order to understand Gaddafi's state of mind we need to understand that he feels deeply betrayed by the media, which he blames for sparking the revolt. In particular, he blames the Qatari TV station al-Jazeera, and is convinced it targeted him for purely political motivations.