• 4 minutes Energy Armageddon
  • 6 minutes How Far Have We Really Gotten With Alternative Energy
  • 10 minutes Wind droughts
  • 3 days "Biden Is Running U.S. Energy Security Into The Ground" by Irina Slav
  • 8 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 2 days "Natural Gas Price Fundamental Daily Forecast – Grinding Toward Summer Highs Despite Huge Short Interest" by James Hyerczyk & REUTERS on NatGas
  • 2 days "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 2 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
  • 8 days "Forget Oil, The Real Crisis Is Diesel Inventories: The US Has Just 25 Days Left" by Zero Hedge - 5 Stars *****
  • 2 days The Federal Reserve and Money...Aspects which are not widely known
  • 6 days Is Europe heading for winter of discontent with extensive gas shortages?
  • 2 days "Europe’s Energy Crisis Has Ended Its Era Of Abundance" by Irina Slav
  • 2 days "Dodgy Demand Data? The Oil Price Collapse Conspiracy" by Alex Kimani
  • 9 days "The Global Digital ID Prison" by James Corbett of CorbettReport.com
  • 10 days Goldman Betting on Cryptocurrencies
  • 13 days Сryptocurrency predictions
Editorial Dept

Editorial Dept

More Info

Premium Content

Libya's Presidential Candidates Could Cause A Civil War

Gaddafi’s son. General Haftar. Libya’s former interior minister Fathi Bashagha. Former Prime Minister Ali Zeidan. Prime Minister Abdulhamid al-Dbeibah. Parliament speaker Aguila Saleh. These are the official candidates for Libya’s December 24th presidential elections. It’s a list that suggests renewed civil war. Haftar is the key controlling figure in the east, and of the Libyan National Army (LNA). Gaddafi’s son is wanted by the International Criminal Court (ICC) for crimes against humanity. Bashagha has been playing all sides from the Turkey alliance to the rival Haftar-supporting side backed by Russia, Egypt, and the UAE. Meanwhile, Saleh is nominally perceived as a Haftar ally from the east, though he also benefited nicely from the General’s failure to take Tripoli. He also wrote the only existing electoral law that was rushed through. There is no unifying candidate to avoid bloodshed here unless we consider al-Dbeibah. At the same time, a “unifying” candidate, in this case, means a powerless one.  

Why do we care what happens in Libya from an energy crisis perspective? The US and China are presently discussing a jointly timed release of their strategic petroleum reserves. If they do this, and Libya descends into chaos again, which will surely be played out on the oilfields in the form of hijacked or completely halted production, removing another 1.2 million bpd from the market (Libya’s current production…





Leave a comment

Leave a comment




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News