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TheMercenary · 02-22-2011, 07:30 AM

The US does not get oil from Libya. It is a market move. A little rattle and roll is all it takes for the price to tick up. But EU does get a lot of oil from Libya and if that is cut off they will have to compete with everyone else for the other sources. The price goes up and the supply goes down.

02-22-2011, 07:30 AM	#19
TheMercenary “Hypocrisy: prejudice with a halo” Join Date: Mar 2007 Location: Savannah, Georgia Posts: 21,393	The US does not get oil from Libya. It is a market move. A little rattle and roll is all it takes for the price to tick up. But EU does get a lot of oil from Libya and if that is cut off they will have to compete with everyone else for the other sources. The price goes up and the supply goes down. __________________ Anyone but the this most fuked up President in History in 2012!