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Gaddafi Said To Have Ordered Libyan Oil Infrastructure Sabotage

Tyler Durden's picture




 

When we asked yesterday whether Ghadaffi will pull an inverse Louis XV and burn down all of Libya's oilfields on his way out (to either Saudi Arabia, or the afterworld) a la Saddam Hussein in Kuwait, we assumed this was a rhetorical question. Alas, we did not realize the kind of irrational madman we were evaluating. Turns out the rhetorical is about to become all too real: according to Reuters, "Time magazine's intelligence columnist reported on Tuesday that Libyan leader Muammar Gaddafi has ordered his security forces to sabotage the country's oil facilities, citing a source close to the government. In a column posted on Time's website, Robert Baer said the sabotage would begin by blowing up pipelines to the Mediterranean. However he added that the same source had also told him two weeks ago that unrest in neighboring countries would never spread to Libya -- an assertion that has turned out to be wrong." Should the dictator indeed proceed and destroy the country's oil infrastructure, which as we noted earlier exports over 1.5 million barrels of crude a day, mostly to Italy, Goldman may have to revise it $97.50 WTI target double digits higher.

From Reuters:

"Among other things, Gaddafi has ordered security services to start sabotaging oil facilities," Baer wrote. "The sabotage, according to the insider, is meant to serve as a message to Libya's rebellious tribes: It's either me or chaos."

The growing violence in Libya has forced a number of oil companies to shut in production in Africa's third-largest oil producer and disrupted flows from the country's export terminals.

Security forces have cracked down fiercely on demonstrators across the country, with fighting spreading to Tripoli after erupting in Libya's oil-producing east last week. As the fighting has intensified some supporters have abandoned Gaddafi.

Baer, a former Middle East CIA officer, said the source told him that as of Monday Gaddafi had the loyalty of only about 5,000 of the country's 45,000-strong regular army.

And while asylum for Gaddafi to Saudi Arabia is just a little optimistic, below is a list of countries to which the Libyan leader has been rather courteous in the past, and which will likely be more than happy to accept him. We wonder how many of these potential asylum providers will be next on the revolutionary path. (via Globe and Mail)

 

 

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Tue, 02/22/2011 - 17:10 | 986382 SwingForce
SwingForce's picture

Just shows you how STUPID we are for not using Natural Gas or CNG to run our cars, trucks, and electric plants (save nuclear). How are we at the mercy of these morons?

Tue, 02/22/2011 - 17:17 | 986408 Dr. Richard Head
Dr. Richard Head's picture

Well of course the Department of Energy has done a wonderful job of getting the US "off its oil addiction." 

I have hope for these revolutions, but the problem I see is that the revolutionaries still want government to correct their problems all the while ignoring the fact that governments ARE the problem.

Will we ever have a voluntary society? 

Tue, 02/22/2011 - 17:25 | 986446 TeamAmerica
TeamAmerica's picture

Hey dick head, the DoE delivered all sorts of alternatives - the problem was (and still is) that using oil is cheaper.   If you and the rest of America wanted to pay more to get off the oil addiction, you had the freedom of choice to do so.

Tue, 02/22/2011 - 17:30 | 986462 Dr. Richard Head
Dr. Richard Head's picture

The US Department of Energy's Biomass and Vehicle Technologies Programs is a great alternative indeed. I should have definitely decided to take the biofuel cars in order to consume FOOD for fuel, all the while consuming more energy producing the food and turning it into fuel. Great fucking idea.  I should definitely decide to use Food to run my car.  Genius indeed.

Tue, 02/22/2011 - 17:38 | 986487 NotApplicable
NotApplicable's picture

Hey, why stop there?

Maybe we can burn cows for fuel, after feeding them all of the corn we grow.

That way, both sides of the agri-business aisle (meat and taters) can get subsidized while the masses starve.

Tue, 02/22/2011 - 17:40 | 986491 Dr. Richard Head
Dr. Richard Head's picture

Perhaps we can also gather cow farts and toss that into the mix too.  We can kill to birds with one stone....er two cows with one gas tank.  We would save the earth from deadly CO2 cow gas and power our cars.  I'm lovin' it.

Tue, 02/22/2011 - 20:07 | 986903 markmotive
markmotive's picture

You might be on to something. Of course, any alternative would take massive infrastructure investment and lifestyle changes. Something super-size-me couch-warmers are incapable of.

We've spent the past 50 years building a world that is dependant on a single depleting resource. And now we all go ape-shit when 2% of supply is threatened.

Libya is nothing compared to what we could see...

http://www.planbeconomics.com/2011/01/31/peak-oil-and-the-new-boom-bust-cycle/

Tue, 02/22/2011 - 17:43 | 986507 TeamAmerica
TeamAmerica's picture

"Biomass" is not food, unless you are prone to eating garbage.  The program you cite specifically excludes using agricultural products normally grown for food.

See: http://www1.eere.energy.gov/biomass/biomass_basics_faqs.html

Given that your understanding of what our goverment does is fundamentally flawed, we can conclude that your views on government in general are similarly faulty.  

 

Tue, 02/22/2011 - 17:52 | 986531 Dr. Richard Head
Dr. Richard Head's picture

I call horse shit.  I recruited in the ethanol industry and indeed they are turning CORN into fuel.  While there are indeed biomass (aka parts of the plant unfit for consumption) components, the main ingredient in ehtanol is CORN - http://www.dailypaul.com/421/whats-wrong-with-ethanol

Thanks for providing a .gov link for you statement of facts though. Next thing you know you will be providing me the unemployment stats from the BLS.  God (Allah, Buddah, Krishna, whoever) knows their facts are so accurate. 

I don't know who the WE is that you refer to, but I bet it deals with multiple personality disorder or something of the sort.  Ad hominem attacks are fun.

Tue, 02/22/2011 - 17:57 | 986553 TeamAmerica
TeamAmerica's picture

Horse shit...good example of what the biomass program is actually about.  

Not my fault that you confused biomass with ethanol subsidies.   Nor is it my fault that your avatar is Dr. Dick Head, but interesting that you consider pointing that out to be an ad hominem.

Tue, 02/22/2011 - 18:53 | 986720 zaknick
zaknick's picture

Weak.

Dr Dick Head 1, Team Homo Americus zip/zero/nada.

Talking about this monstruos fascist bankster captured police apparatus "our government"; more like the slave driver.

Apparatchiks are trolls in the Internet age, eh? How you like that, KGB man?

Tue, 02/22/2011 - 18:03 | 986572 George the baby...
George the baby crusher's picture

BioGas and ethanol are not the same thing.

Tue, 02/22/2011 - 18:35 | 986665 Dr. Richard Head
Dr. Richard Head's picture

I am indeed wrong about biomass.  My facts regarding corn are inline.  

Tue, 02/22/2011 - 17:36 | 986484 tmosley
tmosley's picture

If they haven't delivered a cheaper alternative, then what are we paying these people for?

Might as well have paid them to sit in a room and count ceiling tiles for all the good they have done.  Hell, that probably would have been a better use of the money, rather than having them regulate every real oil alternative out of competition.

Tue, 02/22/2011 - 17:40 | 986494 Dr. Richard Head
Dr. Richard Head's picture

Like the Grace Commission Report during the Reagan years.  Great on paper, but no one delivered.  Fuck the government. 

Tue, 02/22/2011 - 17:58 | 986552 JW n FL
JW n FL's picture

while you two argue the left and right arguement... the Bankers just got a Trillion Dollars Richer in Bonus Monies... The Ber-Nake Printed another $2 Trillion Dollars... for POMO and the new balanced $1T v. $3T National Budget.

 

The whole divide and conquer (US) thing only has legs for a very, very short time... becuase, we are all angry and we only have each other to bash.

Tue, 02/22/2011 - 18:02 | 986567 papaswamp
papaswamp's picture

Spot on JW

Tue, 02/22/2011 - 19:03 | 986738 zaknick
zaknick's picture

Yet "somebody" junked him.

About this cheap fuel argument. Ive read that the secret gov (you know, tge C!A within the C!A, those fascist banksters and some of the wealthiest people in the countty) had the FBI confiscate Tesla's research papers. Who owns the Fed, the biggest oil Co. AND the CFR?

How much u wanna bet that in the future people find out there was a cheap alternative long ago yet was suppresed?

Who runs this sham of a police state?

Tue, 02/22/2011 - 18:42 | 986683 tmosley
tmosley's picture

Is that a left vs right argument?  I wasn't aware.  

I spend 99% of my time bashing those other guys.  I think 1% devoted to questioning the need for a bunch of government agencies that only make things worse is justified.

Tue, 02/22/2011 - 18:48 | 986701 alangreedspank
alangreedspank's picture

 

+1

Thu, 02/24/2011 - 20:13 | 995274 ft65
ft65's picture

SOME use the hammer more than others. Stanford and Tavistock institutes spend fortunes learning how to control the masses. It's all totally LOP sided. HB Gary / MacDill sock pupets will see to those places where free thinking tak place. The last resort will be to GuLP down the meds.

Tue, 02/22/2011 - 17:48 | 986524 TeamAmerica
TeamAmerica's picture

You assume that the DoE was chartered to deliver "cheaper".    The thought back on day one that being dependent on oil was a costly liability in itself and hence anything else would be better.

The problem is not what the DoE has or hasn't done, it's the fickle American people who want to have their cake and eat it too.   We don't want to be dependent on oil, and we don't want to pay more for that freedom.

Blame government all you want...after all, it's We The People.  Same as looking in a mirror.

Tue, 02/22/2011 - 17:52 | 986532 johnQpublic
johnQpublic's picture

and what do you have that is a true substitute for oil?

 

nuthin

nothing has the energy density of oil

Tue, 02/22/2011 - 17:57 | 986547 Dr. Richard Head
Dr. Richard Head's picture

I'll argue his side for him now.  How about HEMP?  Nah...no one needs a crop that can yield three harvests in one growing season with little need for fertilizer, water, or tending. 

Tue, 02/22/2011 - 18:01 | 986563 TeamAmerica
TeamAmerica's picture

Now you're talking sense.  Hemp would indeed be a good choice.  All kinds of great uses. :-)

Tue, 02/22/2011 - 18:03 | 986575 tmosley
tmosley's picture

Nothing?

Think again: http://en.wikipedia.org/wiki/Lithium_air_battery

Or any of a large number of explosives or exothermic reactions.  Or nuclear fuel, if you are talking about centralized energy production.

Tue, 02/22/2011 - 20:06 | 986905 RafterManFMJ
RafterManFMJ's picture

Human fat has the same energy density as gasoline. And most Americans are obese. I await my DOE grant monies.

Thu, 02/24/2011 - 20:17 | 995281 Flakmeister
Flakmeister's picture

Well said...  The DOE mandate was not to find skittle pooping unicorns...

Tue, 02/22/2011 - 17:50 | 986526 dark pools of soros
dark pools of soros's picture

they'll grow a carrot on Mars before they do anything smart about energy down here

Wed, 02/23/2011 - 01:53 | 987739 Oh regional Indian
Oh regional Indian's picture

Between regulatory capture, lobby capture and bribe capture, the Auto-oil 2sum has ensured we stay on this screwed up oil paradigm.

Anyone heard of Stanley Meyers? I suggest you look him up.

or go further back to see how GM "captured" and sank the railway industry, so roads over rails got built.

Alternative technology is easy. But people are addicted to oil. Literally and figuratively.

It is us that need to change. The solutions are there.

ORI

http://aadivaahan.wordpress.com/2011/02/14/oil-crisis-in-a-thousand-words/

 

Tue, 02/22/2011 - 17:46 | 986518 traderjoe
traderjoe's picture

Really? That's simply absurd. American foreign policy has encouraged a dependence on foreign oil to justify the massive defense and MIC spending. You must work for the DoE...

Tue, 02/22/2011 - 17:53 | 986537 TeamAmerica
TeamAmerica's picture

Funny, but you forgot to put </sarcasm> at the end.

Lacking that, you risk having people think you are serious.

</sarcasm>

Tue, 02/22/2011 - 18:18 | 986618 alangreedspank
alangreedspank's picture

 

True. The US imported less oil from the Middle East before the creation of this Department than it does today -- after billions of dollars spent on nothing, of course.

 

Wed, 02/23/2011 - 10:28 | 988174 ibjamming
ibjamming's picture

Will we ever have a society without a class of losers?

Tue, 02/22/2011 - 17:20 | 986417 morph
morph's picture

Well oil should just be used for motoring and situations where mobility is key. Nuclear should be used for electric.  Then gas is good for situations where you dont want to die as the energy combusts. Burning oil for electric is just a waste.

Tue, 02/22/2011 - 17:54 | 986539 impending doom
impending doom's picture

Anyone know how much goes into plastics and pharmaceutical feedstocks?

Tue, 02/22/2011 - 18:45 | 986692 dick cheneys ghost
dick cheneys ghost's picture

The saudi's must be freaking out about events in Bahrain.

 

http://nakedempire.wordpress.com/

Tue, 02/22/2011 - 20:08 | 986910 RafterManFMJ
RafterManFMJ's picture

Well oil should also be used for instruments of war; tanks, APCs, etc.  Nuclear for electric cars. If you don't have a job, you don't get a car. You must pull a banker or lawyer around in a rickshaw.

Tue, 02/22/2011 - 17:24 | 986442 DoChenRollingBearing
DoChenRollingBearing's picture

@SwingForce,

Damn right.  PERU has much of Lima's taxi fleet running on LNG.  And they are POOR!

We have no excuse.  Easy and fairly cheap to run, say, municipal vehicles and trucks on the Interstates with NatGas.

Tue, 02/22/2011 - 17:43 | 986510 Ragnarok
Ragnarok's picture

Shit you can't dig a hole without running into a NG pipeline in Texas and Lousiana, how hard is it really to compress + clean it?  Bring the energy companies on board, they have the know how and logistics to make this happen.

Tue, 02/22/2011 - 18:19 | 986623 NotApplicable
NotApplicable's picture

LNG requires expensive infrastructure, so perhaps it is keeping Peruvians poor?

LNG (or ethanol) makes no sense while there is still oil flowing at a rate to meet present demand.

Maybe after WWIII ends, the existing oil infrastructure will be destroyed/depleted to the point that LNG is an economical alternative. Until then though, it is a waste of scarce resources that could be used to better solve human needs (and not fake political ones like "addiction to foreign oil").

Tue, 02/22/2011 - 18:27 | 986641 DoChenRollingBearing
DoChenRollingBearing's picture

Peru is actually doing rather well vs. the rest of the world (big exporter of lots of metals and their .gov not doing much = a good thing).

Yes, they had to build out the gas stations to include LNG, but they already had a pipeline over the Andes to export LNG, so they decided to use some of their large gas deposits.  "They say" that running the little taxis with LNG is cheaper, even after vehicle conversion.

IMO, limited infrastructure (say, cities over 500,000 and along the Interstates) would not cost too much and give us some real oil savings.

Tue, 02/22/2011 - 18:46 | 986694 NotApplicable
NotApplicable's picture

Given the ass-raping we take over ethanol (and E85) to the tune of $.50 per gallon direct producer subsidies, (not to mention the millions (billions?) handed out to build the plants all over Iowa and Missouri), I have no faith that the criminals d.b.a. "fedgov" have the capacity, let alone the ability to deliver any goods or services in an efficient fashion.

It will just be the next chapter in our march towards full fascism. Peru sounds lucky, having a not do much gov. In the US however, from what I've read, I can't imagine a LNG port being built that wouldn't cost at least ten times as much, thanks to all the bureaucracy governing its construction and operation. (think NIMBY)

I would much prefer LNG to the disaster that is ethanol (destroys engines), but I don't believe that is feasible in the USSA.

Tue, 02/22/2011 - 17:24 | 986445 Michael
Michael's picture

The wealthy elite of the world are double crossing the Arab oil producers. They are destroying the US currency and are establishing a one world currency. Lindsy Williams is 100% correct on the elitist plans. Inflation is going to the stratosphere. The big fight Americans must undertake is stopping our government from accepting a world currency. We must insist the US print it's own treasury money without interest and kill the Federal Reserve.

The turmoil in the Middle east is a logical progression of events precipitated by the globalists using unwitting participants such as the Egyptian Google executive. This will backfire on them. The police state oppression and food inflation are the oppressive conditions that have outraged the people into action. These are logical conditions that precipitate events the globalists know they can use this to their advantage to bring about their world monetary government.This too will backfire on them. The oil companies and global elitists want to stop oil flow to the US so we are forced to open a huge quantity of crude oil and natural gas that exists under Gull Island, located in the waters of Prudhoe Bay in Alaska, in ANWR, The Oil and Gas Resource Potential of the Arctic National Wildlife Refuge, and the Rocky Mountain reserves that have been kept off the market till the elitists could get filthy rich off these assets.The US must demand large royalties from these reserves.

Listening to Lindsy Williams on Infowars radio today seems so eerily close to things I read 25 years ago in a book called, "The United States and Great Britain in Prophecy" by Herbert W Armstrong.  I'm dusting this book off now and am going to re read it.

You should listen to the rebroadcast of the Alex Jones program that will stream for the next 21 hours. Williams is on in the 3rd hour of each rebroadcast recurring every 3 hours.

This movie clip from Rollover (1981) is not so far from what will really happen.

Wall Street Silver Gold Theft and World Economic Collapse

http://www.youtube.com/watch?v=WI8dfFN7H1w

 

Tue, 02/22/2011 - 17:32 | 986469 SwingForce
SwingForce's picture

I hate when I have to read and read over three times, like Marx Bros movie, they keep adding stuff each time. Thanx for links and thoughts, will process eventually. Seems to me there is a possibility to use NatGas internally, and export OIL. That freakin' BP hole has a bunch in it, BO better turn that Mercado into another ANWR quick. Off-limits.

Tue, 02/22/2011 - 17:54 | 986540 Michael
Michael's picture

I don't repost things for the ones who already read my stuff. I repost things for the ones who missed it. Not everyone reads every comment in the comment section.

Tue, 02/22/2011 - 19:39 | 986841 SwingForce
SwingForce's picture

I appreciate. Need to process to get smarter, thank you.

 

 

Tue, 02/22/2011 - 17:33 | 986470 william the bastard
william the bastard's picture

Why not post another book about WTC7 instead of repeatedly reverting to kissing Kristoferson's ass in his only suit movie? 

Tue, 02/22/2011 - 17:48 | 986523 tmosley
tmosley's picture

Why not get out?  Can't you tell when you aren't wanted?

Tue, 02/22/2011 - 17:59 | 986558 william the bastard
william the bastard's picture

Do you crap out of anything but your mouth?

Tue, 02/22/2011 - 18:09 | 986583 tmosley
tmosley's picture

Wow, he's evolving.  Now he questions his own assumptions that others are like him in every way.  

No, we humans do not crap out of our mouths, as you seem to.

Tue, 02/22/2011 - 17:55 | 986545 Michael
Michael's picture

You don't have to comment on my stuff. Just move along. Please, go far far away asshole the bastard.

Tue, 02/22/2011 - 17:59 | 986557 william the bastard
william the bastard's picture

I'm only one reads it.

Tue, 02/22/2011 - 18:14 | 986600 Richard Head
Richard Head's picture

Hundreds of Kiwis get killed in an earthquake, yet WTB lives on.  There is no god!

Tue, 02/22/2011 - 20:12 | 986920 RafterManFMJ
RafterManFMJ's picture

The Haitans are organizing a massive relief flotilla for the people of NZ and AUS; it leaves on tomorrow's tide.  

Tue, 02/22/2011 - 17:35 | 986473 DoChenRollingBearing
DoChenRollingBearing's picture

Fed delenda est.

I wish I knew who here at ZH coined this one.  Please identify yourself and accept our admiration.

Tue, 02/22/2011 - 17:57 | 986535 AssFire
AssFire's picture

spun from this Bill Bonner article??

And soon, the bailers will be in trouble too. According to The Wall Street Journal, a combination of 15 major national governments will have to borrow a total of more than $10 trillion next year, to finance deficits and repay maturing bonds. That’s 27% of their total economic output. It also is equal to about twice the entire world’s annual savings.

Read more: Debt Delenda Est http://dailyreckoning.com/debt-delenda-est/#ixzz1Ej9wc8b4
Tue, 02/22/2011 - 17:56 | 986551 Careless Whisper
Careless Whisper's picture

@ michael

lindsey williams also said that the gulf of mexico was going to turn into a tar pit from the bp oil spill and the fumes from corexit would force millions to evacuate. i'm just not ready to believe him and his "mister x" without some evidence.

Tue, 02/22/2011 - 20:14 | 986923 RafterManFMJ
RafterManFMJ's picture

I agree. When in doubt - trust .gov or good 'ol BP.

Tue, 02/22/2011 - 21:10 | 987041 Careless Whisper
Careless Whisper's picture

noooooooooooooooo it's just that lindsey seems to exaggerate plus he seems like a drama queen to me.

Tue, 02/22/2011 - 17:28 | 986457 tickhound
tickhound's picture

In a scarcity based profit system, could we really expect anything less? Profits would be hard to come by if energy were ever, dare I say, free. If solar energy is free and abundant, our economic engineers would find a way to charge for it. Analogous to... "think of all the money and dependency we'd shake if they'd just cure cancer." "Yes, but think of all the money and dependency created by spreading it."

Tue, 02/22/2011 - 17:47 | 986521 NotApplicable
NotApplicable's picture

Solar energy is abundant and free, the means to harness it however, are not. It has a cost to obtain, and thus will always command a price. Even in a world of super-abundant cheaply harnessed solar energy (as compared to today) this would be the case. Why? Because as with anything else that has value, demand will increase as price decreases (up to the point where there is no marginal value to obtain from demanding more).

What you are critiquing is not an economic issue, but a political one that places barriers to entry for more efficient competition.

Tue, 02/22/2011 - 18:09 | 986566 tickhound
tickhound's picture

Wrong... Profits are best generated through scarcity. This is an economic issue, within an eternal growth model. But, after reading your post, I elect to not bother explaining my position.. but to agree with your conclusion that "politics are often only a tool to maintain scarcity and profits." Ie keep things the way they are.

Tue, 02/22/2011 - 18:29 | 986643 NotApplicable
NotApplicable's picture

Wrong??? Scarcity is a natural phenomenom that creates the demand (where there is value) that results in profits for those who have something scarce for sale. In other words, we are not in disagreement here.

What I attempted to point out was that "economic engineers" who manufacture scarcity rely on the political realm, not the economic one, where a free-market would prevent any engineering from placing barriers to entry by allowing competition.

That's all I was trying to say, really.

Wed, 02/23/2011 - 00:06 | 986719 tickhound
tickhound's picture

"Scarcity is a natural phenom" Let us disagree then only with the above statement. Farm subsidies / mandatory crop reduction/destruction. Planned obsolescence of products. Privatization of water. Rare mineral destruction (diamonds). "Peak oil".. a phrase we'd hear regardless of its abundance. Patents alone affect scarcity. The list goes on and on... Most of the "scarcity" (to include perceived scarity) we compete for within our economic model is largely manufactured.

Tue, 02/22/2011 - 18:59 | 986732 trav7777
trav7777's picture

wrong.  completely so.

Economic rent comes as a result of growing economies, perpetually growing.  The system knows only growth.

There is no profit at all in scarcity, none.  You cannot support a rentier class on increasing scarcity

Tue, 02/22/2011 - 21:24 | 987039 tickhound
tickhound's picture

"No profit at all in scarcity, none"

Interesting how wrong you are trav... and I wouldn't normally say that regarding the majority of your posts.

Tue, 02/22/2011 - 17:55 | 986543 Flakmeister
Flakmeister's picture

Hey swingforce....

Take a gander at

http://www.theoildrum.com/node/7460

NG is not the panacea that some have made it out to be.. Despite the hype, we still have yet to match the peak in dry gas production from 1970....

Tue, 02/22/2011 - 21:23 | 987083 oygevalt
oygevalt's picture

I'm going to make a guess based on hints you've dropped (or maybe you've said outright and I just haven't seen)... Ph.D in theoretical physics?

Thu, 02/24/2011 - 19:45 | 995193 Flakmeister
Flakmeister's picture

 Very close....

Tue, 02/22/2011 - 17:10 | 986391 ConfederateH
ConfederateH's picture

What would it take to push Barry so far that he gets the US marines involved?

Tue, 02/22/2011 - 17:13 | 986395 Irwin Fletcher
Irwin Fletcher's picture

Not freedom, justice or the American way. Anybody else been wondering what the ol' executive branch has been up to the last few days? All I've seen on MSM is that Barry still loves unions and Michelle loves ribs, though the amount of calories in those ribs is a subject of debate. Not even much attention from Politico and RealClearPolitics - truly an epic flight from publicity.

Tue, 02/22/2011 - 17:19 | 986411 TeamAmerica
TeamAmerica's picture

Seriously?  Y'all are saying Obama should send in the Marines, and it's all about the oil?

Guess you think debt, taxes and dead soldiers are less of a worry than the cost of filling up your SUV.

Tue, 02/22/2011 - 17:34 | 986476 Irwin Fletcher
Irwin Fletcher's picture

No, not really, but it probably wouldn't hurt his credibility to discuss the topic - Crazy dictator bombs crowds with airplanes, genocide is bad, we have better airplanes, etc.

Tue, 02/22/2011 - 17:14 | 986398 SwingForce
SwingForce's picture

BO ain't cleaning up Ben's mess, oh no. Sent a boatload of Bankstas to fix.

Tue, 02/22/2011 - 17:24 | 986438 Gene Parmesan
Gene Parmesan's picture

To jam into the leaking pipe, I hope?

Tue, 02/22/2011 - 17:40 | 986489 Michael
Michael's picture

Put a virtual gun to his head and force him to show us his original birth certificate.

I want him removed from office on this technicality.

Tue, 02/22/2011 - 17:46 | 986515 william the bastard
william the bastard's picture

Finally we agree on something but our relationship has no future.

Tue, 02/22/2011 - 17:51 | 986529 NotApplicable
NotApplicable's picture

What would it take to push Barry so far that he gets the US marines involved?

Pirates?

From the halls of Montezuma, to the shores of Tripoli...

Tue, 02/22/2011 - 18:12 | 986592 Chupacabra
Chupacabra's picture

Nah, he's probably related to half of them.

Tue, 02/22/2011 - 17:13 | 986396 topcallingtroll
topcallingtroll's picture

That is a lot of crude and there is virtually no way for italy to make up the difference elsewhere. It might not be too late to play this.

Note to self...diversify resource inputs.

Tue, 02/22/2011 - 17:21 | 986421 TeamAmerica
TeamAmerica's picture

Oil is fungible within certain constraints (i.e. refineries can handle a limited range of sweet/sour inputs).   Italy will bid up the price of oil until somebody sells, and everybody everywhere pays more.

Tue, 02/22/2011 - 17:14 | 986397 Cleanclog
Cleanclog's picture

Much talk of contagion in other No. Africa and Mid East, but does anyone have a bead on Nigeria or Angola?  Significant oil there and rough governments too.

Khaddafi is beyond reprehensible and barbaric.  Who will step up to lead and govern now? Will the people accept?  The tribes?

Tue, 02/22/2011 - 17:18 | 986407 SwingForce
SwingForce's picture

Lead & Govern? </sarc> Why start now? Thank goodness we have Hillary <sarc>.

Tue, 02/22/2011 - 17:14 | 986399 themosmitsos
themosmitsos's picture

Tyler, I feel there's a difference between destroying pipelines to Italy, and destroying *production* .... I don't feel he'll do that, even on the way out. For ... other reasons.

Tue, 02/22/2011 - 17:20 | 986418 SwingForce
SwingForce's picture

Hi, I'm not Tyler, but the #1 flaw in your premise is that we are dealing with reasonable humans, I can spot an animal 2 miles away. Behavioral analysis vs. Your Lying' Eyes.

Tue, 02/22/2011 - 17:24 | 986440 Bearster
Bearster's picture

Bingo.  He does not want to live, he wants you to die.

Tue, 02/22/2011 - 17:18 | 986413 Dismal Scientist
Dismal Scientist's picture

He's CLEARLY a loon of the highest rank. Has some good ideas though...this from Wiki.

'The Amazonian Guard is an elite group of 30-40 (reports differ) virginal women who are tasked with protecting the leader of Libya, Muammar al-Gaddafi. [1]

Candidates for the Amazonian Guard undergo extensive firearms and martial arts training at a special academy and must be hand picked by Gaddafi himself. Members of this elite group are allowed privileges not deemed acceptable in the Muslim world, such as dressing in Western-style fatigues and wearing makeup, or displaying Western hair styles and high heels.'

Tue, 02/22/2011 - 17:42 | 986503 malikai
malikai's picture

Reading this makes me think he's a genius.

Tue, 02/22/2011 - 17:57 | 986549 silver_serf
silver_serf's picture

Do they get to wear the fatigues and heels at the same time ?

Tue, 02/22/2011 - 18:23 | 986631 Agent P
Agent P's picture

Don't ask.  Don't tell.

Tue, 02/22/2011 - 17:48 | 986522 Panafrican Funk...
Panafrican Funktron Robot's picture

"almost never travels without his trusted Ukrainian nurse Galyna Kolotnytska, a “voluptuous blonde,” according to a US document released by WikiLeaks late 2010."

Crazy, or crazy like a fox?

So, basically, Italy better get off it's ass and help this guy, or they're totally fucked?  A major oil disruption on top of their ongoing sovereign debt crisis?  Not a good idea to let this happen.

Tue, 02/22/2011 - 17:19 | 986416 Pure Evil
Pure Evil's picture

Do I smell new contracts for Halliburton?

Tue, 02/22/2011 - 17:29 | 986456 ciscokid
ciscokid's picture

Bingo!!!

Tue, 02/22/2011 - 17:34 | 986474 EscapeKey
EscapeKey's picture

... and Bechtel.

Tue, 02/22/2011 - 18:19 | 986619 cossack55
cossack55's picture

And Corexit...owned by.....let me think....oh, yeah, GS.

Tue, 02/22/2011 - 17:21 | 986422 Mad Max
Mad Max's picture

Kadaffy (duck) must have watched Blazing Saddles a few too many times, without appreciating its unique dynamics.

"Nobody move or the ___ gets it!"

Tue, 02/22/2011 - 17:22 | 986423 johnQpublic
johnQpublic's picture

i was there when saddam torched the oilfields

 

it was so black dark you couldnt see your hand at arms length

what has been done once, can always be repeated

Tue, 02/22/2011 - 17:22 | 986425 Milton Waddams
Milton Waddams's picture

It is kind of like when I play checkers with my nephew; when he realizes he can't win he topples the playing board.

 

So it goes... a world run emotionally-retarded adults. Might look to the diet composition, the food supply, for some answers...

Tue, 02/22/2011 - 18:15 | 986604 SteveNYC
SteveNYC's picture

Mr. Waters can help you with that analysis:

http://www.youtube.com/watch?v=ZLllFMF-OkQ

Tue, 02/22/2011 - 17:21 | 986426 DoChenRollingBearing
DoChenRollingBearing's picture

Libya blowing their oil infrastructure would be very bad.  I will wait for confirmation.

Tue, 02/22/2011 - 17:24 | 986444 THE DORK OF CORK
THE DORK OF CORK's picture

But bullish for the euro.............................

Tue, 02/22/2011 - 17:36 | 986483 DoChenRollingBearing
DoChenRollingBearing's picture

DORK!

I would be interested in your reasoning...

Do you have the same name over at FOFOA's blog?

Tue, 02/22/2011 - 17:46 | 986497 THE DORK OF CORK
THE DORK OF CORK's picture

No it was in Jest - I honestly did not think of FOFOA at that moment - its a fantastic theory but is perhaps too intoxicating in its presentation.

The thoughts of such huge wealth gains can be dangerous to ones sanity - then again I am just a DORK.

My own goals are to cash out a little bit when gold on the euro can match the physical cash on its balance sheet and most when it reaches M1. (if the euro survives)

But the thoughts of such huge dollar reserves entering Gold until its price reaches M3 is beyond my imagination.

Tue, 02/22/2011 - 18:01 | 986565 DoChenRollingBearing
DoChenRollingBearing's picture

Sarcasm goes straight through the middle of brainless bearings...

:)

Tue, 02/22/2011 - 17:23 | 986430 surfwon
surfwon's picture

well hopefully the part of his army that is not loyal will honor this crack pot with a .223 round to the head and put him out of his misery........... effing moron

Tue, 02/22/2011 - 18:02 | 986568 impending doom
impending doom's picture

Is Libya a member of NATO?

Tue, 02/22/2011 - 17:23 | 986431 Bruno the Bear
Bruno the Bear's picture

Damn, didn't think at this point in my life I would need to learn so much more about African and mid-East geography.

 

Just a matter of time IMO before all those unemployed under 30 USA citizens will also be rioting like the good old days when Nixon/Johnson were in charge.

Tue, 02/22/2011 - 17:23 | 986434 Millivanilli
Millivanilli's picture

King of Jordan,Bahrain,Saudi Arabia,Japan,Malysia- all are invited to the Royal Wedding!
Yes, the same dictators who unload machine gun fire on peaceful protesters, have been invited to his ROYAL HIGHNESS WEDDING!
http://www.allvoices.com/contributed-news/8246586-king-of-jordanbahrains...
No kidding, and to make the commoner feel good they are , and I'm not kidding, inviting homeless people too.

Prince William has also invited a group of people met during his charity work. They include people who have been homeless and soldiers injured in ..

.../>Anhttp://story.malaysiasun.com/index.php/ct/9/cid/b8de8e630faf3631/id/7469... Cameron is now trying to sell weapons to the military dictatorship in Egypt- before the blood has even dried

Tue, 02/22/2011 - 17:24 | 986435 TJW
TJW's picture

Sounds a lot like Hitler's ordering, at the end of WWII in Europe, the ravaging of Germany because the German people had "failed him."

Tue, 02/22/2011 - 17:24 | 986436 SwingForce
SwingForce's picture

Why do all you peole need to have such high hopes for the outcome? Nobody knows how these morons will act, unless you are just like them, and I know Z-H readers are not. Relax, sit back, enjoy the show. The old saying, "Give them enuf rope to hang themselves" comes to mind.

Tue, 02/22/2011 - 17:23 | 986439 walküre
walküre's picture

He's close to intimidate Adolf in his last days.

Can we communicate our help to the Lybian people same as we did with Germany?

This whole thing could turn out to be a chance for progress in the region, an end to warfare with radical muslims perhaps even.

CIA needs to step in NOW and find a way to eliminate the problem they have most likely created or at least, assisted in creating years ago.

Tue, 02/22/2011 - 17:54 | 986538 silver_serf
silver_serf's picture

CIA needs to step in NOW and find a way to eliminate the problem they have most likely created or at least, assisted in creating years ago.

Isn't that what they are doing ?

Tue, 02/22/2011 - 17:56 | 986548 NotApplicable
NotApplicable's picture

I highly doubt that the CIA considers any of this a problem, but rather an opportunity that they helped foster.

Never let a good crisis go to waste.

Tue, 02/22/2011 - 19:00 | 986733 CrashisOptimistic
CrashisOptimistic's picture

When the problem is inadequate global oil production, why would you think who is in charge would matter?

Tue, 02/22/2011 - 17:24 | 986441 midtowng
midtowng's picture

That's insane. What would it accomlish?

Tue, 02/22/2011 - 17:31 | 986464 cougar_w
cougar_w's picture

if it's insane it doesn't need a purpose.

Tue, 02/22/2011 - 17:41 | 986496 SwingForce
SwingForce's picture

Welcome Back, my Friends to The Show that Never Ends (Karn Evil 9)

 http://www.youtube.com/watch?v=UeQsZOQqO6I

Tue, 02/22/2011 - 17:29 | 986458 savagegoose
savagegoose's picture

hey here in aust they did a great job on getting us to convert to LPG, only to rack up the tax once we converted the stinking dogs

Tue, 02/22/2011 - 17:30 | 986461 trav7777
trav7777's picture

the army won't obey these orders...this is a suicide mission

Tue, 02/22/2011 - 19:57 | 986886 Millivanilli
Millivanilli's picture

They did in Iraq!

Tue, 02/22/2011 - 17:33 | 986468 savagegoose
savagegoose's picture

but onto libya oil infrastructure being ordered destroyed,

dont believe every bit of propaganda you read on the net.

Tue, 02/22/2011 - 17:35 | 986475 RED BARRON
RED BARRON's picture

Less than 30 minutes to short spot silver at 33.00 and buy it back in June at 23.00. 

Tue, 02/22/2011 - 17:40 | 986493 tmosley
tmosley's picture

You go all in on leverage doing that and tell us how it turns out.

If you aren't a spot of grease on the road by then.

Tue, 02/22/2011 - 18:03 | 986571 NotApplicable
NotApplicable's picture

LOL! At first I thought you were talking about buying futures at 23, and I thought to myself "damn, the backwardation is going parabolic."

But no, you're just another funny guy.

Tue, 02/22/2011 - 17:36 | 986479 SwingForce
SwingForce's picture

Who here has ever seen "Fires of Kuwait"? Netflix it, its about putting out wellhead fires. 

http://www.youtube.com/results?search_query=Fires+of+Kuwait&aq=f

Tue, 02/22/2011 - 18:00 | 986562 johnQpublic
johnQpublic's picture

missed the movie but saw it in person

Tue, 02/22/2011 - 17:36 | 986480 Mr. Anonymous
Mr. Anonymous's picture

Is this the same Q/K/Ghadaffi who was en route to venezuela yesterday?  ZeroHedge, committed to pot stirring since 2008(7?).

Tue, 02/22/2011 - 17:51 | 986481 THE DORK OF CORK
THE DORK OF CORK's picture

Once its confirmed for the umpteenth time that we now have negative yields on currencies and their proxies we will see a run from the FX mind fuck games and also of course the bond market.

Lets dig up the corpse of Milton Friedman and stick him on the Dylan Ratigan show so that the fucker can explain himself and his absurd theories.

Tue, 02/22/2011 - 17:36 | 986485 Atomizer
Atomizer's picture

Oil Fires of Kuwait 1991 

Who blinks first to de-peg from USD?

Tue, 02/22/2011 - 17:37 | 986486 william the bastard
william the bastard's picture

The interactive map confirms Gaddafi's altruistic tendencies. He is indeed the KING of AFRICA. The central republics and the UN will miss him sorely as he has been a stabilizing influence despite his wardrobe of thousands of outfits and other eccentricities.

 

Tue, 02/22/2011 - 17:43 | 986502 Prof Gulliver
Prof Gulliver's picture

"Time magazine's intelligence columnist..."

Now there's a source we can believe.

Tue, 02/22/2011 - 18:07 | 986580 impending doom
impending doom's picture

Thank you, professor! The whole damn thing reads like a propagandized excuse to invade yet another MENA country.

Tue, 02/22/2011 - 17:51 | 986530 buzzsaw99
buzzsaw99's picture

Catapult KaDaffy across enemy lines, wherever that is.

Tue, 02/22/2011 - 17:53 | 986534 NrYC
Tue, 02/22/2011 - 18:05 | 986577 Judge Judy Scheinlok
Judge Judy Scheinlok's picture

They also create websites to influence financial markets.

Tue, 02/22/2011 - 17:53 | 986536 bob_dabolina
bob_dabolina's picture

Oh it's ok. I'm sure Obama has a great idea to get ahead of this higher gas price problem.

Like...maybe proposing $50,000,000,000 for the research into the hover boards used in the movie Back To The Future. Those things require no oil and will aid in the reduction of carbon emissions and global warming.

Tue, 02/22/2011 - 17:57 | 986554 onarga74
onarga74's picture

I think we should put him in charge of the Fed.  He looks much more like someone who would intentionally nuke a world class economy plus we could change his beanie for a Fed ora

Tue, 02/22/2011 - 17:58 | 986555 buzzsaw99
buzzsaw99's picture

Dig up Raygun and give him another crack at it.

Tue, 02/22/2011 - 18:00 | 986561 Fix It Again Timmy
Fix It Again Timmy's picture

Why do we spend billions every year on the CIA, Delta Force, Special Forces, etc. when

they can't even act on this Libyan character?  I think we spend the billions because

the CIA provides a good backdrop for most movies made today.

Tue, 02/22/2011 - 18:04 | 986573 Bruno the Bear
Bruno the Bear's picture

Bye, bye dude - you now have a fatwa on your head Great Leader Muammar:

I hereby issue a fatwa to the officers and soldiers who can kill Mu’ammar Al-Qadhafi: Whoever among them can fire a bullet at him, thus relieving the country and the people of him, should do so. This man wants to annihilate the people, so I am protecting the people. I rule that whoever can fire a bullet, and relieve us, as well as Libya and its great people, of this man’s evil and danger, should do so." Sheik Yousuf Al-Qaradhaw

http://www.memri.org/clip_transcript/en/2819.htm


Tue, 02/22/2011 - 18:09 | 986581 Misstrial
Misstrial's picture

Khadafi/Quadafi/Ghadaffi/Gadafi/Gadfly/et sec blowing up Libya's pipelines and thusly, that country's national wealth?

Now he will never be welcomed in Dubai.

~Misstrial

Tue, 02/22/2011 - 18:11 | 986582 Big Ben
Big Ben's picture

With potential asylum providers like Mali, Niger, Chad, Sudan, CAR, Sudan, Ethiopia, Somalia, and Liberia, no wonder Gadaffi is ready to fight to the last bullet. He should have befriended Monaco.

And note that in Gadaffi's case, "asylum" is a very appropriate term. He once claimed that Shakespeare was an Arab (Sheik Zabir).

Tue, 02/22/2011 - 18:13 | 986595 apberusdisvet
apberusdisvet's picture

Swingforce got junks for calling us stupid for not using NatGas.  Yes, most definitely we are, but those that junked him have to be part of the most stupid enviro-fascist groups that really desire the marxist utopia or new world order.

Tue, 02/22/2011 - 18:32 | 986652 Raging Debate
Raging Debate's picture

To Team America - The United States IS the most benevolent empire in history. BUT IT IS AN EMPIRE. Locking out competition as a government model was once called Fascism. Now it is called a PR friendly term "State Run Capitalism". Fascism causes world wars, so perhaps you'll survive the next one, perhaps not. Maybe I will, maybe I won't.

The baton of empire is in the form these days of the reserve currency peg. It was planned to be passed to China since 1971. Kissinger-Nixon, Ping-Pong strategy. Now we are like the Chinese and far less like the United States I grew up in. Energy is only one area where competition is shut out. Healthcare is another. 'Gee, our problems Beave are people can't afford healthcare and energy, how did this happen?!?'

How about you call yourself Team U.S.A. That way, if you decide to continue to support Fascism I will know the difference between an imperfect American citizen (which we all have flaws) or blatantly supporting Fascism. Have a nice day and I am happy to engage in debate and I am an American. My America, home of the brave. Red White and Blue may you return to striving for Truth, Freedom and Justice. However if not, I hope the suffering of the masses won't be too severe until America 2.0 replaces U.S.A. v 1.0

Tue, 02/22/2011 - 18:38 | 986679 gwar5
gwar5's picture

He just wants the West to come and bail him out. Extortion for oil.

Tue, 02/22/2011 - 22:23 | 987213 Youri Carma
Youri Carma's picture

"Gaddafi Said To Have Ordered Libyan Oil Infrastructure Sabotage" AND HE WAS ORDRED BY THE NSA/CIA!!!

Like Said:

The Americans are gonna create so much havoc in the middle east that in a while not much oil is coming from that side cause they've been blown up and war will be going on.

Than oil wil go over $200 a barrel and than the US is gonna reveal some hidden sources and pump.

Now they got China by the balls. Cause China always has been the End Game in the war scenario. China get's to 2020 to build up it's military to get WWIII going.

China leaders are happy to wipe out a big part of their population and so do the satanists in the US. Everybody happy except the population as usual but they are too stupid to comprehend what they elite is doing to them.

They will talk hollow phrases like "Yeah that's like it is war and it always will be" forgetting that you need huge amount of money and enemy creating aka propaganda to get it going. History shows that only one year of propaganda is sufficient to get people into war WWII has shown us. So the satanists don't even have to be in a hurry with that one if the want to get WWIII started in 2020. Plenty of time.

Tue, 02/22/2011 - 23:01 | 987348 Kali
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