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Old 20th Mar 2011, 10:20
  #448 (permalink)  
AR1
 
Join Date: May 2007
Location: Nottinghamshire
Age: 63
Posts: 710
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Oh, so nothing to do with oil then
Despite my earlier dissent, I don't think it is. Libya contributes a relatively small amount to world production, behind Venezuela and others according to figures from OPEC (2%).
In the scheme of things, Libya not selling oil is far more damaging to it's economy than it is to ours.
And don't confuse any forthcoming profiteering at the petrol pumps with the impact of Libyan oil missing from the market.
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