War is good for Business

Libya is targeted because it is one among several remaining countries outside America's sphere of influence, which fail to conform to US demands.  The objective of the US-NATO interference is strategic. It includes,as almost always it does, in the outright theft of stealing the nation's oil wealth under the disguise of a humanitarian intervention.     
Washington's design is to weaken the political links of several countries, including Tunisia, Algeria, and Morocco, to France and push for the installation of new political regimes which have a close rapport with the US. This weakening of France is part of a U.S. imperial design.  Basically what could happen is a redrawing of the map of Africa and the scrapping of the demarcations of the 1884 Berlin Conference.  Chad is potentially an oil rich economy as well. ExxonMobil and Chevron have interests in Southern Chad including a pipeline project. Southern Chad is a gateway into the Darfur region of Sudan, which is also strategic in view of its oil wealth.
An invasion of Libya under a humanitarian mandate would serve the same overall interests as the 2003 invasion and occupation of Iraq. The hidden objective is to take possession of Libya's oil reserves,  eventually privatize the country's oil industry, and transfer the control and ownership of Libya's oil wealth into foreign hands. Libya is merely just a piece to a puzzle.

February 15th 2011(War on Libya) part 1

WHY A WAR ON LIBYA?
     Oil
 Much of the country's income comes from its production in oil.  Libya is the 18th largest oil producer and has the 9th largest oil reserve in the world and produces around 5- 7% of the worlds oil.  The United States alone buys roughly around 90,000 barrels a day from Libya,  and uses over 20 million barrels a day.  Since the start of the war in Libya oil prices have been at their highest since 2008 and the cost per barrel has gone up at least $20.  This past March, ABC news reported the highest month ever in gas prices they steadily rose for over a weeks span. 


Who benefiets from high oil prices? 
                   One of the world's largest proven oil reserves, Iraq is from oil prices that have soared above $100. The International Monetary Fund estimates that higher oil revenues will help Iraq's economy grow 11.5% in 2011. Iraq's stock market surged over 25% in the first three months of this year. 
               Exxon Mobil and Shell reported significantly larger first-quarter profits due, in great deal, from high oil prices and strong refining margins.  Gas prices have reached over a 35% rise since last year(2010).  On top of that, many oil companies have received tremendous tax breaks.
Exxon recently reported a 69% increase in profits this year and Shell a 22%.  Shell stations have bought out all the BP stations in my area and remodeled most of them as prices countinue to rise.  Mining stocks and chemical companies tend to do well when oil prices have been rising. Hi-tech companies also fare better than most companies as well.  I will tell you who isn't benefieting from the high oil prices, it's the american people and the regular citizens of the world.   We do not have our greedy fingers strring the oil fields.  We will look more into this as we get more in-depth into the causes and effects of the recent Lybian war.  Look for the next post to look more into this subject. 

IMPORTANT DATES

SEPTEMBER 11TH 2001
MAY 1ST 2011
MAY 1ST 1945
FEBRUARY 26TH 1993
NOVEMBER 22ND 1963
APRIL 4TH 1968
FEBRUARY 21ST 1965
AUGUST 2OTH 1973
DECEMBER 13TH 2003
JANUARY 15TH 1991
FEBRUARY 15TH 2011
DECEMBER 7TH 1941
SEPTEMBER 2ND 1945
JANUARY 1ST 2000
  

                        I will be going through these dates and a lot of others in the weeks to come.  All in which, in my opinion, have created huge rabbit holes in today's world.  My goal in this blog is to open people's minds to possibilities and information.  To expand your horizon and educate you with facts and information, stories and life encounters plus so much more.  Some of the above events include:  The death of Adolf Hitler,  The World trade Center attacks, Pearl Harbor, Watergate, The date of capture of Saddam Hussein, The JFK assassination and more!!!!  



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