February 03, 2005

Libya & Oil

I've been meaning to post something on this, but limited time and other events have prevented me from doing so.

This story didn't get much play in the press or on TV (at least, not that I saw) and the recent allegation that North Korea sold uranium hexafloride to Libya has totally overshadowed it. I am not sure there is anything to the fact that US oil companies were awarded 11 of the 15 exploratory contracts Libya offered, but it seems to hint at an awful lot of back-scratching. All in all, it seems like an interesting story line that I should learn more about.

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