Quizzes & Puzzles5 mins ago
What business is it of the UK to be proposing a 'NO-Fly' zone in Lybia?
http://uk.news.yahoo....a-no-fly-3fd0ae9.html
Is Cameron going to be another Blair?
Is Cameron going to be another Blair?
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No best answer has yet been selected by sandyRoe. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.I think Cameron has blown his bolt. With every day that passes Gaddafi is gaining the higher ground. He has outwitted the West and looks to remain in power for a long time to come. The dissenters are gradually running out of steam and Gaddafi is in total control of Tripoli.
We are left with egg on our faces because the majority of Libya back him, he has the troops and armour on his side and any external attempt to oust him will meet with failure. The no-fly zone would be quite useless as Gaddafi does not need to attack anyone in his own country anymore.
We will have to look to the future and see how we can engage with him again but Cameron has ruined his chances because of his outbursts.
We are left with egg on our faces because the majority of Libya back him, he has the troops and armour on his side and any external attempt to oust him will meet with failure. The no-fly zone would be quite useless as Gaddafi does not need to attack anyone in his own country anymore.
We will have to look to the future and see how we can engage with him again but Cameron has ruined his chances because of his outbursts.
except Israel - they have little red buttons and the Iranians sending their warships through Suez is not helping.
Libya produces (normally) about 1.8 million barrels a day, similar to the UK. 1,3 was being exported, a lot to the UK into Shell near Chester (it is wonderful stuff being virtually 0% in sulphur and very light, allowing for a lot of gasoline and diesel componets to be made out of it. 75% has been cut that spiked the oil price to $115 a barrel for North Sea/ Saudi has 'guaranteed' to underwrite this and its Arab Light is pretty good stuff, so that softened the price over the w/end.
Oil is in very tight supply/demand. When the Alaskan line went dwon just before Xmas, prices spiked by $6 a barrel.
So imagine the impact if (i) there is trouble in Saudi (8.5 mln barrels a day of which nearly 8 is exported. (ii) Iran 4 mln+ (exports over 3); these positions can not be covered. (iii) Israel pushing the buttoin viz Syria or Iran (or someone else) and (iv) Qatar/UAE ( here a lot of oil over 3 million barrels a day but a lot of gas too (that we now import from Qatar
"May you live through 'dangerous' times" adapted Confucius.
Libya produces (normally) about 1.8 million barrels a day, similar to the UK. 1,3 was being exported, a lot to the UK into Shell near Chester (it is wonderful stuff being virtually 0% in sulphur and very light, allowing for a lot of gasoline and diesel componets to be made out of it. 75% has been cut that spiked the oil price to $115 a barrel for North Sea/ Saudi has 'guaranteed' to underwrite this and its Arab Light is pretty good stuff, so that softened the price over the w/end.
Oil is in very tight supply/demand. When the Alaskan line went dwon just before Xmas, prices spiked by $6 a barrel.
So imagine the impact if (i) there is trouble in Saudi (8.5 mln barrels a day of which nearly 8 is exported. (ii) Iran 4 mln+ (exports over 3); these positions can not be covered. (iii) Israel pushing the buttoin viz Syria or Iran (or someone else) and (iv) Qatar/UAE ( here a lot of oil over 3 million barrels a day but a lot of gas too (that we now import from Qatar
"May you live through 'dangerous' times" adapted Confucius.
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