MASSIVE MILITARY FAILURE OF WEST + NATO + US!
LIBYA: OIL OUTPUT DROPS 7 FOLD AFTER NATO-AQ CONTRACTOR OVERTHROW OF GOVERNMENT
Libya = Much of the world’s highest quality crude oil
Since Overthrow in 2011, Oil production has Declined 7 FOLD!
Libya was LEFT WITH NO GOVERNMENT = Instability, violence and armed groups battling for control = “There’s essentially no good news there.”
Under Gadhafi’s rule = Libya produced 1.6-Million Barrels/Day = NOW 0.2 Million
April exports just 167,000 Barrels/Day. “It can’t get much worse in terms of supply.”
One barrel LOST out of Libya = Requires more than a barrel of heavier crude
Exports have basically stopped. Libyans are NOW using Oil they were exporting
Who’s in charge of Libya’s oil sector? “Nobody is really in charge of the oil fields.” = Fields + Ports = Logistical system in turmoil = No central government = CONFUSED REBELS fight over it! = Nothing gets done!