Libya unrest stops 100,000 bpd oil, majors remove staff

[phantom power]

FRANKFURT/LONDON (Reuters) - Spreading unrest in Libya shut down 6 percent of oil output in Africa's No.3 producer and prompted a host of energy firms to pull out international staff, sending oil prices to above $105 a barrel.

http://www.reuters.com/article/2011/02/21/bp-libya-idUSLDE71K1NE20110221?rpc=401&

[HereSince1628]

1. Another shock--there must be a profit in there somewhere!

They never miss an opportunity to crank up the prices.

[GliderGuider]

2. The tweet stream out of Libya is the most painful thing I've ever read.

Or it was while it was still up. The screams of the trapped and doomed are too much to bear. Now there are rumours flying that the planes bombing the demonstrators in downtown Tripoli are Italian.

Fuck Italy, fuck Germany, fuck Britain. And fuck Barack Obama, that pusillanimous little corporate stooge.