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Guest Post: Something's Fishy in Tripoli

Tyler Durden's picture





 

Submitted by Daniel J. Graeber of Oilprice.com

Something's Fishy in Tripoli

Way back in early 2011, members of the U.N. Security Council had no problem getting a resolution through that authorized military force in Libya ostensibly to protect civilians from attacks by forces loyal to strongman Moammar Gadhafi. The year before, lawmakers on both sides of the Atlantic were bickering over who did what and why in terms of the cancer-stricken Lockerbie bomber. This Scottish decision to release him, depending on which U.S. lawmaker you spoke with, was tied to a BP deal to drill for oil in Libya. Despite fractures in the new interim government in Tripoli and reports of renewed protests, a decision by the Italian government to quietly discuss trade relations suggests something isn't quite right in the way Western allies pick their fights.
 
OPEC last year refused to budge when economic doomsayers were predicting the end of days because the war in Libya was pushing oil prices to highs that threatened some mythical economic recovery somewhere in the world. The International Energy Agency stepped in, but by January, oil majors in Libya were saying production levels had more or less returned to normal, all things considered. Italian energy company Eni, which had pretty nice contracts with Gadhafi's government, is happily churning out oil from fields in Libya that were left, for all intents and purposes, unscathed by the best NATO had to offer. Even the most pessimistic oil analysts are surprised at how fast Libyan oil production is back online.
 
In October, rebel forces presumably said to hell with it and figured they'd save everyone a lot of time by killing Gadhafi themselves. The ICC didn't seem to mind much and a now-fractured interim government did little to worry the Italian government enough to decide during the weekend that business was booming in post-Gadhafi Libya.
 
Before the conflict began, a group of Democratic lawmakers in Washington issued a 123-page report claiming the 2009 decision to release Lockerbie bomber Abdelbaset al-Megrahi was tied to commercial oil interests with Tripoli.  A British inquiry into the case found BP was involved to some extent in the 2009 decision because, according to New York's Sen. Chuck Schumer, London wanted an oil deal to go through with the Gadhafi government.
 
So where were these same senators when it was announced in November that Abdulrahman Ben Yezza was appointed as the new Libyan oil minister? He's the former chairman of Eni Oil Co., a joint venture between the Italian energy company and Libya's National Oil Corp. Why no furor when Eni Chief Executive Officer Paulo Scaroni became the first executive from an oil major to visit when he went to Tripoli in September? For that matter, where are the Democrats in the United States?
 
It seems rather duplicitous to on one hand sit and debate censuring Syria at the Security Council for 10 months while it took, what, a few weeks to get one through on Libya? Was Gadhafi's Libya somehow ripe for the picking? Was the Libyan resolution simply too crafty for those pesky Russians?
 
Italy and Libya during the weekend signed a letter that spells out bilateral coordination for the protection of its borders and oil installations. Makes you wonder who is drawing up what at which European energy company as U.S. battle carriers head to the western Iranian coast.

 


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Wed, 01/25/2012 - 19:03 | Link to Comment sampo
sampo's picture

Nah, maybe US was just interested in MG's gold.

Wed, 01/25/2012 - 20:38 | Link to Comment SilverDOG
SilverDOG's picture

Black gold bitchez!

Wed, 01/25/2012 - 21:41 | Link to Comment toomanyfakecons...
toomanyfakeconservatives's picture

Black Gold indeed... be sure to check out "Beyond The Peak" in the latest Zeitgeist movie (skip forward to 2:23:43) http://www.youtube.com/watch?v=4Z9WVZddH9w

Wed, 01/25/2012 - 19:07 | Link to Comment blu
blu's picture

News flash for all you: In the end it don't matter who holds the oil so long as they'll sell it to the US priced in dollars.

Don't blame me, it's not my thinking --  but it's someone's thinking -- and they have gunships.

Wed, 01/25/2012 - 19:32 | Link to Comment Flakmeister
Flakmeister's picture

Yes! The Hedge is finally starting to grasp it...

(This has been my thesis here for nigh on a year, it passes Occams Razor with flying colors)

Wed, 01/25/2012 - 19:55 | Link to Comment disabledvet
disabledvet's picture

so why the production collapse then? if it's all about "pricing oil in dollars"...it doesn't do any good if the oil is sitting in the ground. i agree with the article: we have massive amounts of corruption...and so many people are waiting to get their cut of "Pie Libya" that bascially it's a total cluster phuck.

Wed, 01/25/2012 - 20:35 | Link to Comment Flakmeister
Flakmeister's picture

Corruption exists...  always has and always willl...deal with it, and quit being naive...

The US would rather see the oil sit in the ground than be made unavailable at the wrong terms...

Wed, 01/25/2012 - 20:39 | Link to Comment Manthong
Manthong's picture

Unless the oil is in Canada, then we would rather see it shipped to China.

Wed, 01/25/2012 - 20:51 | Link to Comment Flakmeister
Flakmeister's picture

As long as it is priced in dollars, the US does not care.

Wed, 01/25/2012 - 20:54 | Link to Comment bonderøven-farm ass
bonderøven-farm ass's picture

No worries.  Keystone will be surveyed, engineered, trenched, welded, as-built, and flowing regardless of Barry's position.  Too much money being thrown around for it not to happen.  

Thu, 01/26/2012 - 11:46 | Link to Comment Cpl Hicks
Cpl Hicks's picture

You'd best not let Michelle hear you talking like that.

She might come down on you like a ton of...bricks.

Wed, 01/25/2012 - 21:03 | Link to Comment Questan1913
Questan1913's picture

FLAKEMASTER,

Appreciate your endorsement of corruption; I will most certainly embrace it with renewed enthusiasm.  Thanks for guiding me, and of course others onto the path of the truly enlightened.  Why don't you consider offering your services to those deluded individuals who have rejected corruption?   Please consider leading them out of their present wilderness of naivety and unselfishly elevate these wretches to your exalted level.  Thanks........so much.

Wed, 01/25/2012 - 21:22 | Link to Comment Flakmeister
Flakmeister's picture

Not an endorsement....by any stretch...

Do you believe in the tooth fairy and Santa Claus???

 

Wed, 01/25/2012 - 22:38 | Link to Comment Questan1913
Questan1913's picture

Flakmeister,

I understand.  I do believe in the tooth fairy and Santa too  I also believe, and your going to laugh out loud at this one!  that maybe there might be just a little bit of benefit if some of us had a bit more of a moral compass.

Wed, 01/25/2012 - 23:27 | Link to Comment Flakmeister
Flakmeister's picture

The problem is that even if 99% of people have that moral compass, and no doubt you possess it, is that the 1% ruin it...

But its worse than that....

Given that anywhere from 5-10% of the population can be reliably classified as socio-pathic, do you not think that relying on "the moral compass" is a tad naive??

I harbor no illusions about the issue of corruption...

I do not think that you would approve of a society if enforcement of the required regulations to control corruption was standard practice.... If you do, then you are positing a statist and very likely socialist solution....

Then again, is that what you are trying to get at?

Thu, 01/26/2012 - 07:22 | Link to Comment Colonial Intent
Colonial Intent's picture

"If you do, then you are positing a statist and very likely socialist solution...."

No he's not, he's positing that the rule of law is preferable to the law of the jungle.

Since when does that mean socialist or statist,?

 

 

Thu, 01/26/2012 - 08:41 | Link to Comment Flakmeister
Flakmeister's picture

Rule of Law requires enforcement.... and just who is doing the enforcing??

Wed, 01/25/2012 - 19:59 | Link to Comment Born Right the ...
Born Right the FIRST Time's picture

+1                                                                                                                                                        TPTB do not go to war for oil,they go to war for the CONTROL of oil

Thu, 01/26/2012 - 00:03 | Link to Comment toomanyfakecons...
toomanyfakeconservatives's picture

If you LOVE OIL TALK be sure to check out "Beyond The Peak" in the latest Zeitgeist movie... skip forward to 2:23:43 http://www.youtube.com/watch?v=4Z9WVZddH9w

Thu, 01/26/2012 - 09:34 | Link to Comment old naughty
old naughty's picture

Thanks for the link TMFC.

I am disappointed that only about 13.8 million viewers have awakened to see this, not more.

Thanks for sharing.

Wed, 01/25/2012 - 22:19 | Link to Comment Questan1913
Questan1913's picture

blu,

"News flash for all you: In the end it don't matter who holds the oil so long as they'll sell it to the US priced in dollars.

Don't blame me, it's not my thinking -- but it's someone's thinking -- and they have gunships"

Excellent point.  The late independent country of Iraq was close to setting up its own oil bourse, not priced in dollars but that intention was terminated along with the lives of roughly 500,000 Iraqis.  All is well now though, THERE, isn't that better!  If you squint real hard you also can just make out the fact that every country that the good ol US has threatened or conquered over the last 10 or even twenty years was sitting on a fortune in oil, was considering moving away from dollar denominated sales or, and this is good, was not a member of the international central bank cartel..  There are very few of those holdouts left.  They had the temerity to resist joining the club so they were made an offer they could not refuse, Godfather style.  Iran is the current example in the crosshairs.  Libya was the most recent example  MG came to a horrible end, as a warning to others, kinda like a horses head in the bed.  For many countries on the world stage, their existence now is analgous to a family living in a totally lawless neighborhood with the most barbaric elements roaming at will, armed to the teeth, plundering and pillaging while extremely well dressed and endlessly proiclaiming their good intentions and motives.  Gunships indeed.

Thu, 01/26/2012 - 00:21 | Link to Comment Rick Masters
Rick Masters's picture

That is a most excellent analysis Questan1913. Who the hell wants to get Gaddafi'd? Did 500,000 Iraqis really die though? That seems harsh and I'm not looking forward to the blowback because rest assured there be some majorly pissed offf orphans.

Thu, 01/26/2012 - 08:38 | Link to Comment Bicycle Repairman
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When asked on live American TV if the sanctions on Iraq killed 500K Iraqi women and children, the US Secretary of State Madeline Albright said yes and that it was worth it.  So at least 500K dead.

Wed, 01/25/2012 - 19:08 | Link to Comment Cognitive Dissonance
Cognitive Dissonance's picture

Do you think there would be as much global strife and skullduggery going on if all there was available to be pumped from the ground was Oil of Olay?

Yeah, I thought not.

Wed, 01/25/2012 - 19:11 | Link to Comment Sean7k
Sean7k's picture

We would all have skin like babies with a separate faucet in every home- as long as it was priced in dollars...

Wed, 01/25/2012 - 19:58 | Link to Comment disabledvet
disabledvet's picture

there's NO SHORTAGE OF OIL. LET IT GO. The problem is with PRICES...this goes directly to monetary policy and "free money." This is how everything is getting paid for--oil, food, "hopefully housing" as the Fed Chairman said today--it's all about the state goal of creating inflation...without the commensurate rise in interest rates.

Thu, 01/26/2012 - 00:22 | Link to Comment Rick Masters
Rick Masters's picture

Skullduggery and oil of olay, you rock CD!

Wed, 01/25/2012 - 19:08 | Link to Comment There is No Spoon
There is No Spoon's picture

It's France and England's turn, they're mobilizing their navies on behalf of Total and BP. But of course the U.S. will get the lion's share of the carcass.

Wed, 01/25/2012 - 19:08 | Link to Comment Sean7k
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Western governments killing brown people over their resources AND splitting them up in ways that benefit all the players? I'm shocked, shocked I tell you!

 

Wed, 01/25/2012 - 19:52 | Link to Comment Flakmeister
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Here are your gambling winnings....

Wed, 01/25/2012 - 19:08 | Link to Comment Eclipse89
Eclipse89's picture

Now, you're not naive enough to think we're living in a democracy, are you, buddy?

but what about Total here? LOL

Wed, 01/25/2012 - 19:11 | Link to Comment Forgiven
Forgiven's picture

SeanK, I guess that's evidence that hope and change brought neither.

Wed, 01/25/2012 - 19:14 | Link to Comment dick cheneys ghost
dick cheneys ghost's picture

BP got some kind of waiver to continue operating in IRAN......go figure....

Wed, 01/25/2012 - 22:51 | Link to Comment brettd
brettd's picture

A waiver from who?

Littl' Timmy?

Uncle Joe?

This is anarchy wrapped up with a pretty PR bow.

Thu, 01/26/2012 - 02:24 | Link to Comment GovtMediaLiars
GovtMediaLiars's picture

Anarchy? Ha, we should be so lucky.

This is centrally planned chaos my man, not anarchy.
It will only get more chaotic as planning encompasses more and more activities, and grows more and more centralized.

Something that is not all that intuitive and therefore totally escapes most people I think.

Cheers!

 

 

Wed, 01/25/2012 - 19:18 | Link to Comment BLOTTO
BLOTTO's picture

The whole war with Libya was fuckin fishy...

The same images over and over again...

Some guys driving around in thier half-tonne chevy/ford pickup trucks with a machine gun in the back... with someone firing shells into the air at only God knows what?

I never seen one image of the Libyan army - not one.

Where is the national hero of Libya - the guy who shot Gadhafi? You would think that they would have posters and chanting his name? No silence. You would think the people would be carrying their national hero on their shoulders? No nothing.

Why does Gadhafi - leave his stronghold.. to come back to his hometown fully knowing that they are waiting for him...thgan to try and escape back...only to get caught in a cross-fire...and then goes and hides in a concrete culvert by himself? ...

- Does A guy worth billions of dollars do that?

The whole dame system and the world is a lie.

Wed, 01/25/2012 - 19:19 | Link to Comment The Count
The Count's picture

It's just like the movie Wag the Dog. Only it's real.

Wed, 01/25/2012 - 19:53 | Link to Comment rjiver33
rjiver33's picture

I used to live there in Benghazi.  I spoke with my Libyan friend when the conflict was in full effect. Yes it was real....

Wed, 01/25/2012 - 20:15 | Link to Comment BLOTTO
BLOTTO's picture

Unfortunately, that does not answer or address any of my points...

I know this may be stretching it a bit, but i wouldnt be surprised if they filmed SOME of those images from other places... How do we really know? Because its on CNN right? Exactly.

 

Wed, 01/25/2012 - 21:26 | Link to Comment FranSix
FranSix's picture

I'll tell you why. Ghadaffi died by every hand that brutally acted on impulse, and proved all of us bloodthirsty. We've been robbed of a public hangink, a potempkin ritual. But the bomber walks free.

Thu, 01/26/2012 - 00:07 | Link to Comment BLOTTO
BLOTTO's picture

Fran, to stretch it even one last step further...

He may even still be alive. Im not saying for sure, just leaving it open.

He could have easily been whisked away before the shit really hit the fan...he had big friends in high places.

Those images they had of his dead body in the freezer and when he was getting thrown around down the street - we're very shady...anyone can easily tell that.

Also, the illuminati contolled mass media did an excellent job of diverting our thinking...in the sense that not once did anyone/reporter even remotely ask or suggest the idea if it indeed was - Gadhafi?!?

No, they just went through the same idea of repeating images of his last moments and what were a few of the small details leading up to his 'death.'  To lead the masses thought procees in a different direction - to spin the heads the other way...for a lack of better words.

Thu, 01/26/2012 - 00:49 | Link to Comment Rick Masters
Rick Masters's picture

You make some good points. Where is Libya's hero? No one knows. Of course who shot Bin Laden? But I do think Gaddafi got Gaddif'd. It's absurd.

Thu, 01/26/2012 - 07:03 | Link to Comment memyselfiu
memyselfiu's picture

I couldn't agree more with your assessment....same thing I felt

Wed, 01/25/2012 - 19:18 | Link to Comment The Count
The Count's picture

The fish stinks from the head (as in Washington/London). What else is new. 

Wed, 01/25/2012 - 22:53 | Link to Comment brettd
brettd's picture

So Moscow, Bejing and Rio carry no weight?

Wed, 01/25/2012 - 19:25 | Link to Comment BLOTTO
BLOTTO's picture

Despite his faults and eccentricities, this much we can say with confidence about Moammar Gadhafi that so long as he ruled over Libya he would never have permitted a NATO military presence in that country. It follows that so long as he ruled over Libya NATO could never launch an attack on Egypt with ground troops pouring into Egypt from across the Libyan border. 
Thanks to the cattle, such an attack on Egypt is now possible. It is time therefore for every Egyptian to bearmed - as every Venezuelan is armed - in preparation for what can now be clearly seen in the horizon.  
We may also note that there were economic and monetary reasons as well for the shameless NATO attack on tiny Libya. The Zionists now have not only Iraqi but also Libyan oil in their control, and it seems only a matter of time before they assume direct control over Saudi oil as well. Zionist control over oil would
eventually translate into Israeli oil blackmail for a world now dependent on oil for economic survival. 

Finally it is reported that Libya had no foreign debts. As a consequence the Zionist-controlled international banking system could not bring this errant state under its influence and control. But the Zionists never give up. When the banking system failed to deliver this country to their control they then resorted to NATO.  There remains one part of this puzzle which defies explanation. Why did Russia and China support the UN Security Council resolution which permitted NATO military intervention in Libya? Were these two States
really that dumb that they could not foresee the consequences of their support for the resolution? Or is there more to this than meets the eye? -I.H.

 

Wed, 01/25/2012 - 20:03 | Link to Comment Ratscam
Ratscam's picture

it did not help MG that he also planned to introduce a gold dinar as an african currency.
Russia and China supported the UN, why did they not threaten to intervene like Russia did with Syria or China with Iran?
As you said they cant be that stupid but heck, i cannot find an answer to this. Anyone has an idea?

Wed, 01/25/2012 - 20:27 | Link to Comment Desert Irish
Desert Irish's picture

Ghadaffi was a nuisence both to the West and China especially in Africa with his dreams of organizing and funding a Pan African State. Ghadaffi was funding approx 15 nations in Africa including Zimbawe, Mali, Liberia, Chad, Uganda, CAR, the ANC, Sierra Leone, Congo etc....and wasn't afraid to directly intervene in other countries politics including using force. That funding has gone. China is now in every single one of those countries snapping up resources.....just saying

Wed, 01/25/2012 - 20:53 | Link to Comment falun bong
falun bong's picture

He had loaned Italian banks, mostly Unicredito, tens of billions after 2008. They didn't feel like paying him back.

Thu, 01/26/2012 - 02:24 | Link to Comment Rick Masters
Rick Masters's picture

Are you serious?

Thu, 01/26/2012 - 01:47 | Link to Comment Rick Masters
Rick Masters's picture

Great points. you're right China is the ultimate victor and are probably massacring people as I write this. Those fuckers killed a bunch of Angolans for protesting working conditions. They are all over Africa. The other thing I was thinking though is that Iran won't be no Libya or Iraq. They brought down a spy drone something that Pakistan can't do. So Iran, I fear, is hiding something up her sleeve and we are going to walk into the spiders nest. This is a people who were once rulers of the world like us. No, they can't beat us but they can sink some ships and that will horrify the public. Sorry for the tangent.

Wed, 01/25/2012 - 21:00 | Link to Comment Crassus
Crassus's picture

In 2006 China invited 40 heads of African nations to Beijing signing enormous deals for building infrastructure and exploring oil and mineral wealth. They did things the IMF did not do including building hospitals etc. Pentagon regional command, AFRICOM, was established 10-1-07. Some might say, that the U.S. wants to militarize the resource rich countries of the ME and Africa to counter the Chinese.

As for why Russia and China didn't veto the no fly zone, I think it's the wolf licking a bloody knife tactic, in which beef blood is placed on a knife for the wolf to find and the wolf cuts his own tongue and licks his own blood till he exsanguinates . MG was one tough old motherfucker wasn't he? How many operations like that can NATO support? Russia and China believe that the Arab Spring is a resource grab because, WTF, that's what they would do if they were us.

 

Wed, 01/25/2012 - 21:24 | Link to Comment Jefferson
Jefferson's picture

Or is there more to this than meets the eye?

Russian and China are the controlled opposition. These nations are charter members of the central banking cartel and Russia has finally been accepted into the WTO. The "leadership" of both China and Russia also fully support the move to a single global currency controlled by the IMF. 

Any conflicts between the "superpowers" are simply a pretext for further manipulatiom and control of their respective populations in the drive towards centralization of power and total enslavement of the masses.

Think of it as kabuki theater writ global. Or Orwell's 1984.

 

 


Wed, 01/25/2012 - 23:01 | Link to Comment madmax1965
madmax1965's picture

Excactly Jefferson, the douchebags that helped set up China's central bank were all Ivy Leauge educated "elite".  Sorry, no time to post a link, do a little research and you will see!  END THE FED!

Wed, 01/25/2012 - 19:33 | Link to Comment sabra1
sabra1's picture

Why would US send its rusting 50 year floating museum into the line of fire in the Persian Gulf

http://www.infowars.com/persian-gulf-option-one-a-false-flag/

Wed, 01/25/2012 - 19:33 | Link to Comment ziggy59
ziggy59's picture

Lol.. ENI sounds like ANY.

Wed, 01/25/2012 - 19:50 | Link to Comment Ratscam
Ratscam's picture

The majority of the Libyans do not and will never accept the NTC as their government. Without NATO or US stationing their troops there, Lybia will again be ruled by the greens, the Gaddaffi followers.
Their political system was more democratic than most countries. The people were able to vote on various issues at regular town hall meetings.
Hence they paid no electricity, no interest on debt, only 60 cents for a gallon of gas, healthcare for free, university for free, bonus when you get married, etc. see here for more: http://libyasos.blogspot.com/p/gaddafi.html

I would love to have such a dictator as opposed to Obummer!
Looks like more trouble for the NTC
http://libyasos.blogspot.com/

Wed, 01/25/2012 - 20:58 | Link to Comment falun bong
falun bong's picture

This is the very misunderstood part about Mr. Gaddafi. Of all the midEast oil nations, Gaddafi was returning the most oil revenues back to the people, by far. Much more than Saudi. The House of Saud includes an estimated 25,000 royal court members. Even a minor prince is on $10 million per year. Hard to keep a proper yacht in Portofino on that miserly sum. Saudi is a kingdom, the royal family owns the entire country, all the buildings, all the oil.

Wed, 01/25/2012 - 22:02 | Link to Comment DaveyJones
DaveyJones's picture

great posts

Thu, 01/26/2012 - 00:23 | Link to Comment Pants McPants
Pants McPants's picture

Seconded.  The above posts should be spread far & wide - if only people had more than a 20 second attention span...

Great job fellas.

Wed, 01/25/2012 - 22:48 | Link to Comment taxpayer102
taxpayer102's picture

@Ratscam, Accounts, pictures and videos on libyasos.blogspot.com and reports from people who were in Tripoli before it fell compared to U.S. media coverage reveal we live in two worlds - one truth the other lies and illusions.   What went down in Libya, war crimes committed by NATO, the U.S. and the rebels, genocide, murder, rape, all types of atrocities is almost unimaginageble.   While Gadhafi was being assassinated Hillary Clinton was saying "We came, we saw, he died" and Obama congratulated Libyans on their 'Liberation Day' saying "After four decade of brutal dictatorship and eight months of deadly conflict, the Libyan people can now celebrate their freedom and the beginning of a new era of promise."

 

Wed, 01/25/2012 - 19:47 | Link to Comment BLOTTO
BLOTTO's picture

Next up - Pakistan.

 

Wed, 01/25/2012 - 19:52 | Link to Comment Flakmeister
Flakmeister's picture

Nope... no oil...

Next up Venezuala...

Wed, 01/25/2012 - 19:55 | Link to Comment ozziindaus
ozziindaus's picture

It's not about oil. Try gold and threat to USD. 

Wed, 01/25/2012 - 20:11 | Link to Comment BLOTTO
BLOTTO's picture

Regarding Pakistan - I thought maybe strategic?

In last nights SOTU speech...Obama does make the point to mention the country.

In Pakistan, al Qaeda's leadership is under more pressure than at any point since 2001. Their leaders and operatives are being removed from the battlefield. Their safe havens are shrinking. And we've sent a message from the Afghan border to the Arabian Peninsula to all parts of the globe: We will not relent, we will not waver, and we will defeat you. (Applause.)

Thu, 01/26/2012 - 13:41 | Link to Comment falak pema
falak pema's picture

Al Qaeda is a Zia ul Huq cum CIA invention, financed by the Sauds,  to rachet up the fight against Soviet Afghan  Invasion in 1979. Now the surrogate militarised sons have morphed into a rabid combination of patriot cum feudal ideologue clan. Direct parallel with Ho Chi Minh/Giap situation in Vietnam, direct parellel with the Mamelukes of old; militarist cum patriotic construct to fight original invading Cursaders. History repeats again and again.

What do we learn? These military constructs can win the war and lose the peace that ensues. True for Mamelukes, true for Viet Commie land and will be true for Taliban Afgh/Pakistan. Military creed and rabid, outdated, sterile ideology will always lose its own people; who will be the ultimate enemy once the war is over to this retrenched elite, now totally superfluous and source of pestilence who have nowhere else to turn to except inwards.

Unless...the super empire continues down the meddelsome road. Then the war is not over and the militarists have their place.

Wed, 01/25/2012 - 20:59 | Link to Comment Flakmeister
Flakmeister's picture

Study the relationship of oil and the dollar and get back to me...

Wed, 01/25/2012 - 21:35 | Link to Comment dubbleoj
dubbleoj's picture

Exactly, ponzi dollar needs infinite growth and debt>>> oil/energy creates growth.  Sadam wanted to sell oil in euros, and he got knocked off. Iran is selling oil to India for gold, swapping rials with Russian rubles for oil, has been trying to create its own oil bourse/exchange for years (which got stuxnetted), and now we have "nuclear tension" building up. China is also trying to assert its currency.  He who controls world currency gets to skim the top. And since oil is the most precious commodity, it is essential to have it priced in your own currency which you control with your central bank cartel. Voila~global domination

Wed, 01/25/2012 - 21:42 | Link to Comment ozziindaus
ozziindaus's picture

Exactly. The US is trying hard to maintain it's reserve currency status and it will and has invaded sovereign nations to do so. Libyan oil as a commodity is pittance when weighed up against it's mandated exchange medium. 

Wed, 01/25/2012 - 22:08 | Link to Comment dubbleoj
dubbleoj's picture

Theyre going to have to bring Tom Clancy in to write the plot narrative for invading Russia after Iran is mopped up. All carnage and atrocity aside, its going to be one hell of a show. If only Putin wore a monocle, he's already the quintessential Bond villain, perfect for Fox News to spin. 

Thu, 01/26/2012 - 07:19 | Link to Comment memyselfiu
memyselfiu's picture

can we add to that list 'gold dinar'?

Wed, 01/25/2012 - 21:05 | Link to Comment Dr. Engali
Dr. Engali's picture

Double post.

Wed, 01/25/2012 - 21:04 | Link to Comment Dr. Engali
Dr. Engali's picture

Venezuela has both oil and gold. If you recall they had it shipped back. What do you bet there is some "social troubles" that will require the " "assistance" of U.S. er...... U.N. troops.?

Wed, 01/25/2012 - 21:45 | Link to Comment ozziindaus
ozziindaus's picture

All will be fine as long as they don't mention Gold or Bolivar in exchange for it. 

Wed, 01/25/2012 - 21:27 | Link to Comment toomanyfakecons...
toomanyfakeconservatives's picture

Tried that in 2002 and failed. Latin America isn't putting up with our shit anymore.

Wed, 01/25/2012 - 22:15 | Link to Comment frosty zoom
frosty zoom's picture

nope, méxico...

they've already tried to link the ¡TERRORISTS! to the ¡DRUG GANGS!  (remember the saudi ambassador "plot")

oil, gold, silver, méxico is very, very rich.

there's already drones up above the rio bravo.

fast'n'furiously the country is being let slide into chaos.

then the intervention will come to save "democracy"

maybe...

 

Thu, 01/26/2012 - 08:46 | Link to Comment Bicycle Repairman
Bicycle Repairman's picture

If a country can be used to transport oil to a consumer via a pieline, then it is also in the crosshairs.  Iran through Pakistan to India. Or if it can be used a staging area for attacking an oil country.  Thus: Pakistan.

Wed, 01/25/2012 - 19:52 | Link to Comment Nigh Eve
Nigh Eve's picture

Hey, it's not a perfect world.  OK ?

Quit whining. 

Wed, 01/25/2012 - 20:10 | Link to Comment non_anon
non_anon's picture

western powers covet non-western powers assets and will use the military to take them by force

Wed, 01/25/2012 - 20:45 | Link to Comment SilverDOG
SilverDOG's picture

The US Empire is spread so thinly.

As thin as a balloon, over inflated, in a pin factory.

Thu, 01/26/2012 - 08:48 | Link to Comment Bicycle Repairman
Bicycle Repairman's picture

Let me know when a serious military set back occurs.  I haven't seen one and I can't imagine one.

Thu, 01/26/2012 - 12:01 | Link to Comment Cpl Hicks
Cpl Hicks's picture

I agree.

When the US military can go into western Somalia, rescue one dumbfuck American do-gooder and an old Norwegian do-gooder and not even miss lunch the next day we're probably not going have trouble with the next round of heavy lifting.

Wed, 01/25/2012 - 21:01 | Link to Comment apu123
apu123's picture

It should not be a surprise to anyone that Libya is falling apart.  While not as fractional as Somalia there are several tribes inside Libya that would fight the current government.  The most threatening is the Tuareg in the deep south.  Nobody has been able to get a handle on them.  Prior to disappearing Quadaffi's son Khamis (the one with the military background) was rumored to have bought an alliance with the Tuareg.  Some Quadaffi regime loyalists just took a town over and without NATO support the new government will be hard pressed to push them out.  Quadaffi may have been an unsavory character but he did have the ability to keep a lid on things in Libya and did let some wealth reach the people.  In conclusion if the Western powers think it will be as simple as signing some new contracts with the provisional government they are wrong, it will be a lot more expensive than that.

Wed, 01/25/2012 - 21:26 | Link to Comment toomanyfakecons...
toomanyfakeconservatives's picture

Tripoli?

 

I'm more concerned about the Obama White House opening peace talks (meaning "surrender talks") with the Taliban.

Thu, 01/26/2012 - 12:06 | Link to Comment Cpl Hicks
Cpl Hicks's picture

Well, those 'negotiations' are probably pretty well complete.

After his re-election he will finally make good on that promise to close Gitmo. Look for it to be handed over to the Taliban for their use as a training and R&R facility.

Wed, 01/25/2012 - 21:34 | Link to Comment jonjon831983
jonjon831983's picture

Forgot the part about Libyan gold! But looks like an oil blog, so it's ok :)

Wed, 01/25/2012 - 21:34 | Link to Comment Fix It Again Timmy
Fix It Again Timmy's picture

The State Dept./CIA Ivy League White-Shoe boys always come up with whizz-bang policies that usually back-fire badly, but that is all they know and no one is stopping them from playing their games.  When you have a one trillion dollar/year military you tend to believe that here's a solution.  We just spent hundreds of billions of dollars in Iraq and for what?

Wed, 01/25/2012 - 21:38 | Link to Comment michigan independant
michigan independant's picture

Ceterum autem censeo, Carthaginem esse delendam

Thu, 01/26/2012 - 04:26 | Link to Comment socalat_Kruger's
socalat_Kruger's's picture

lulz - ghaddafi barca?

Wed, 01/25/2012 - 22:07 | Link to Comment Canucklehead
Canucklehead's picture

Gadaffy Duck stole $200 Billion. He was worth more than Slim, Gates and Buffet combined.

...His Gadaffy foundation was funding things that the Gates foundation would not fund...

"Hey, Hey, Ho, Ho, Gaddafy's got to go..."

Thu, 01/26/2012 - 12:19 | Link to Comment Cpl Hicks
Cpl Hicks's picture

Who would junk you for that? It's funny.

Wed, 01/25/2012 - 22:10 | Link to Comment luckylogger
luckylogger's picture

Hey..... Its not my fault you live on our fuking oil. Just be happy that we pay you as much as we do. If you do not like it ... go ask saddam or gadayi what you should do.

Thu, 01/26/2012 - 12:24 | Link to Comment Cpl Hicks
Cpl Hicks's picture

Calm down, its going to be ok.

What I don't like is you didn't deposit my last months pay. Just in case you forgot: the routing number is 666 666 666 and the account number is 31041134

 

Wed, 01/25/2012 - 23:07 | Link to Comment Magnum
Magnum's picture

The legal case against "the cancer-stricken Lockerbie bomber" was very, very weak.  Do your own research.  A sham.  The guy was not guilty-- convicted on evidence of a Swiss electronic part that was later determined to be unassociated with the man convicted.  Very interesting case.  

Libya probably had nothing to do with it, like the Berlin bombing was setup by our "best friend" Israel but blamed on Libya because the mossad placed a phony radio transmitter in a rented Tripoli apt.  

http://100777.com/node/101

Thu, 01/26/2012 - 00:57 | Link to Comment delacroix
delacroix's picture

look at the passenger list. some high officials, investigating heroin smuggling, died that day, with their evidence

Thu, 01/26/2012 - 08:50 | Link to Comment PMakoi
PMakoi's picture

Opium, oil, gold... important shit

Wed, 01/25/2012 - 23:14 | Link to Comment Georgesblog
Georgesblog's picture

Oil generates more excitement than a loose football near the goal line, in the Super Bowl. It becomes every man for himself, and ignore the penalty flags and whistles.The situation with Iran is deja vu, all over again. Before Iraq got bombed senseless, they announced that their oil would no longer be sold for USD.

http://georgesblogforum.wordpress.com/

Thu, 01/26/2012 - 00:28 | Link to Comment Pants McPants
Pants McPants's picture

Please stop pimping your blog.  It's annoying.  Thanks.

Thu, 01/26/2012 - 09:02 | Link to Comment dcb
dcb's picture

when this site got started there was some douche bag who posted all the time, about his blog and predictions of the market, how great he was. I forgot his name. I actually wanted to get a group of people together to figure out where he lived. I'm sure he was living with his mother, he also cam back over and over again after being banned with under new names. As long as it's done in a reasonable manner I don't have aproblem with it, but he should see about getting to be a contributer.

Thu, 01/26/2012 - 12:26 | Link to Comment Cpl Hicks
Cpl Hicks's picture

That was Tyler Durden.

He's still around.

Wed, 01/25/2012 - 23:33 | Link to Comment ElvisDog
ElvisDog's picture

as U.S. battle carriers head to the western Iranian coast

Hey, where's that retard, EagleOne (or whatever), who claimed a couple of weeks ago that the presence of 3 U.S. carrier groups in the Middle East meant "it is going down"? Seems like war didn't break out, pretty much what I said. Whoops, look like my post landed right after Georgesblog, who seems to be cut from the same cloth. And George, no I didn't bother to click on your link.

Wed, 01/25/2012 - 23:48 | Link to Comment slewie the pi-rat
slewie the pi-rat's picture

 

  • like the JFK murder, there are 'versions' of lockerbie
  • there are versions of why the convicted man was released, too
  • people who are interested might take a few hours and study the case for themselves
  • similarly with the libyan revo:  different versions of what happened where, when and why from the clerics' retreat "mistakenly bombed" bombed to the murder of the Rebel commander who had defected, to the "accidental-but-targeted"  bombing of an idividual home on the outskirts of tripoli before the fall and the children of "X" killed;  lotta those "accidental-but-targeted" errors imo
  • there weren't many pictures of the ARMY in the field;  no embeds?
  • i musta posted 10 maps of their locations in the nafusa mtns, pics of the refugee camps in tunisia, many maps of the battle areas, rumors i was privy to from friends who had gone into the area, their patrols along the northern road along the nafusa range, the Army taking "turns" w/ the Rebels for a while controlling the southern crossing into tunisia, and so on
  • there was never any evidence of the moQ's whereabouts till the end when intel that he was in bani wahleed firmed.  [FYI they are still fighting in bani wahleed, today!]  this was immediately after reports he had left the country thru the south, in a stealth and armored vehicle given to him by sarko, no less! 
  • so, he was never reported to have left any 'stronghold'.  there were reports and rumors and there is little clear evidence of exactly where he was, till the end 
  • there were incidents of his son seif being photographed in tripoli after the "fall" of the city and his presence at the journalists' hotel and pictures of seif waving from a car when leaving, and this after rumors for a day that this wasn't true, and so on.  captured, libya has announce to the ICC they will try him in libya
  • the moQ was murdered and there were stories in the press about the incident and so on, including pieces about the people involved and the evolving "official" story but the spooks took that over, too
  • prior to his demise, the fighting in his "home town" of bani w. went on for weeks with many reports of rebel confusion until they finally went in and went street-to-street and house to house, but there were many days of preliminaries, as refugees left and the situ was monitored until the final battle and the forces gathered and got to know each other well enuf to run the op.  the tribal and personal distrust was reportedly extremely high
  • he seemed to have been forced out, somewhat, but the air and sat-intel combined w/ the assault/ground intel and he was unable to make it out; his vehicle may well have been hit from the air, since he was reportedly severely concussed and disoriented when captured from the culvert
  • again. there may be different "versions"  of the last few hours before his demise
  • the credibility of the "reports" from the Rebels and press was unbelievably low.  anything that got published was liable to change completely w/in 12 hours
  • when there are as many flip-flops on the ground as in noAfrica last year, the spooks are like MenInBlack:  stuff gets "erased" and scrambled by the Agency and the foggyBottomBoyz and if anyone knows wtf went down it was b/c he was there, not from some BS report like from the congo about the "reasons" for the "bomber's" release being scottish oil interests
  • italy fits!  why not?  b/c the congo released a "report" abt why the "bomber was "really" released from prison?
  • when released, the scots said it was for humanitarian reasons~~he was ill
  • there were stories of CIA blackOps blowing up the plane over drug deals w/ the possibility of in camera eveidence to the court establishing his post-conviction innocence after the "show trial" to blame libya
  • most of the families, of course, had been "shown" the trial and believed the "official version" and still do, with the bostonGlobe doing a piece re how the families were so disappointed that the moQ wasn't kept alive to answer for his crimes, and so on
  • (paste) Why no furor when Eni Chief Executive Officer Paulo Scaroni became the first executive from an oil major to visit when he went to Tripoli in September?why should there be unless someone believed the BS from chuckyShoooms? 
Thu, 01/26/2012 - 06:09 | Link to Comment Colonial Intent
Colonial Intent's picture

Unrelated, but if you look for youtube, euronews and aljazeera vids about  the fighting on the tunisian border as the rebels in the west kicked off you can see the occasional western faces in the background or passing camera shots, in one two white untanned guys do an about turn with military precision and walk away the moment they realise they are on camera.

I watch the news with the sound off now its amazing what you see when you dont listen, details in the background you missed before and my fave is reading the body language of the speaker.

Hey! its as good a filter as any..............

Thu, 01/26/2012 - 01:01 | Link to Comment nah
nah's picture

everything is a pain in the ass

.

not just muslims

Thu, 01/26/2012 - 01:48 | Link to Comment JOYFUL
JOYFUL's picture

Libya was the point at which Euromerika deleveraged completely from time\space based reality...where Fireball XL5 went into warp-drive, and you could see the strings on all of the assembled crew characters actually blowin in the wind of hopey\changey neo-colonial DU-style Megadeath, with the Mad o'Bomber-in-Chief as some kind of Rick James-channeling SuperFreak backed by his NATO minions, doing Stones covers(Get off my Cloud?)to an assembled audience of innocent black\white n brown folks caught in the ultimate Jonestown\Altamont CIA death-trip experiment where hired biker-gang security CIAQueda types tip outta control and unleash mass terror onto those gullible enuff to have snapped up the free tickets to the Goodwill World Tour of American Democracy Color Revolutions(™).

A Bad Acid Trip for Muslim folks, while the complicit media pours the poisoned Kool-aid for the stoners back home in Camp Femarika.

http://youtu.be/tmgmH0WMrpM  Rick James:"Money Talks"                   

Thu, 01/26/2012 - 02:38 | Link to Comment Dr.Vannostrand
Dr.Vannostrand's picture

Epic prose!

Thu, 01/26/2012 - 08:03 | Link to Comment falak pema
falak pema's picture

its like rap music, it hits a beat thats hard to compete, repeat and emulate is more like it.

Thu, 01/26/2012 - 05:59 | Link to Comment Colonial Intent
Colonial Intent's picture

Us europeans need to have democratic, friendly states on the south med coast in order for us to stop immigration from africa.

Why keep increasing our border force when we can get border security from them in exchange for better trade access to the EU to boost their ailing economies.

No different from USA - Mexico relations today.

So EU got our borders strengthened and possibly enlarged and TPTB got their oil.

With the aids epidemic in africa and over 40 million infected its common sense to do this who cares if libya is a soveriegn country.

We want it, we take it.

It has always been thus.

Thu, 01/26/2012 - 07:52 | Link to Comment Sandmann
Sandmann's picture

I thought Ghadaffi had opposed Sarkozy's Plan for an  EU Mediterranean Zone     http://en.wikipedia.org/wiki/Union_for_the_Mediterranean   which is why he had to be eliminated.

Thu, 01/26/2012 - 08:16 | Link to Comment Monedas
Monedas's picture

What's better, a Libya that sells oil at market prices and is totally consumed in internal tribal squabbles.....or a Libya that sells oil at market prices and foments terror and regional conflict ?  I like the new, neutered Libya.....shut up and sell us your oil then go fuck yourselves forever you sand aborigines !  When you have something positive, besides your oil, to contribute to humanity give us a call and we will grant you an interview !   Monedas  2012  If all you have are your resources.....the world will only respect your resources !      PSA:  Syrian rebels.....if you got no oil....you will twist in your wind turbine !

Thu, 01/26/2012 - 11:57 | Link to Comment DaveyJones
DaveyJones's picture

...gee now I know why they hate americans

Thu, 01/26/2012 - 08:55 | Link to Comment dcb
dcb's picture

CAn someone please elaborate on the point of this post, what the insight is.

1) kaddaffi was removed because he was easy pickings

2) I have heard the oil/african currency thing

3) to secure oil for an attack on iran

4) they hypocracy of western diplomacy

5) Nobody wants kadaffi or saddam around when this stuff is done with because they know too many secrets about the folks in power in the west. the bribes, the secret payments, backroom deals. these folks get killeed fast because we want them to. Think about what saddam could have told us about our dealings with him

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