GADDAFI & OIL
Lateral Thinking | 22 Feb 2011 02:03 PM PST
According to Reuters : “Time magazine’s intelligence columnist reported on Tuesday that Libyan leader Muammar Gaddafi has ordered his security forces to sabotage the country’s oil facilities, citing a source close to the government.”
In a column posted on Time’s website, Robert Baer said the sabotage would begin by blowing up pipelines to the Mediterranean.
Should the dictator indeed proceed and destroy the country’s oil infrastructure, which as we noted earlier exports over 1.5 million barrels of crude a day, mostly to Italy, WTI COULD skyrocket!!!
RISK OFF STRATEGIES ARE BACK…