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Monday, March 21, 2011

O.I.L.

The Bush Doctrine reared it's ugly head again last week. You know, the doctirne that says we (The United States of America) must kill innocent men, women children in Libya to protect them from an evil dictator. The United States of America must spend millions of tax dollars for bombs but not a penny for books, health care, or heating for the elderly. It's all war all the time, Unfair and Unbalanced.

The UN Security Council voted on Thursday to authorize a “no-fly zone” over Libya – a surprise to the author, who had predicted in the this column on Tuesday that China and/or Russia would veto the move. The measure gives the OK to “all necessary measures" to protect civilians from attacks by Moammar Gadhafi's forces – wording the U.S. and its allies will undoubtedly treat as a mandate to apply as much force as they wish.
The righty's are already calling the US led enforcement of the UN sanctioned No Fly Zone Obama's War in a lame attempt to equate Bush using our grief over 911 to send our sons and daughters to Iraq and Afghanistan, and firing cruise missiles.
"I feel like in two days max we will destroy Gadhafi," said Ezzeldin Helwani, 35, a rebel standing next to the smoldering wreckage of an armored personnel carrier, the air thick with smoke and the pungent smell of burning rubber. In a grisly sort of battle trophy, celebrating fighters hung a severed goat's head with a cigarette in its mouth from the turret of one of the gutted tanks.

I don't like it. I don't support it. I don't care who the evil Dictator or the President IS.
It's a simple point, but an important one, and one that gets overlooked. Whether or not you think a particular war is moral and good, the fact remains that war is illegal. Actual defense by a country when attacked is legal, but that only occurs once another country has actually attacked, and it must not be used as a loophole to excuse wider war that is not employed in actual defense.
There is Oil in Lybia. Black gold. Texas Tea.
Oil reserves in Libya are the largest in Africa and the ninth largest in the world with 41.5 billion barrels (6.60×10^9 m3) as of 2007. Oil production was 1.8 million barrels per day (290×10^3 m3/d) as of 2006, giving Libya 63 years of reserves at current production rates if no new reserves were to be found. Libya is considered a highly attractive oil area due to its low cost of oil production (as low as $1 per barrel at some fields), and proximity to European markets. Libya would like to increase production from 1.8 Mbbl/d (290×10^3 m3/d) in 2006 to 3 Mbbl/d (480×10^3 m3/d) by 2010–13 but with existing oil fields undergoing a 7–8% decline rate, Libya's challenge is maintaining production at mature fields, while finding and developing new oil fields. Most of Libya remains unexplored as a result of past sanctions and disagreements with foreign oil companies.[1]

Cumulative production through 2009 was 27 Gbbl.[2] Given the stated number, this would be 65% of reserves.

The drilling of oil wells in Libya was first authorised by the Petroleum Law of 1955.[3] The National Oil Corporation is the largest oil company of Libya


Speaking of O.I.L, a LARGE new OIL SLICK is under investigation in The Gulf of Mexico.

The U.S. Coast Guard is investigating reports of a large oil sheen 20 miles north of the site where BP’s Deepwater Horizon oil rig exploded last April. Multiple reports indicate a sheen nearly 100 miles long and 12 miles wide originating near the site of the Matterhorn SeaStar oil rig, owned by W&T Offshore, Inc.


Country first?

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