How’s that working out? (via Ed Morrissey)
(UK Independent) Libya has almost entirely stopped producing oil as the government loses control of much of the country to militia fighters.
Mutinying security men have taken over oil ports on the Mediterranean and are seeking to sell crude oil on the black market. Ali Zeidan, Libya’s Prime Minister, has threatened to “bomb from the air and the sea” any oil tanker trying to pick up the illicit oil from the oil terminal guards, who are mostly former rebels who overthrew Muammar Gaddafi and have been on strike over low pay and alleged government corruption since July. (snip)
In an escalating crisis little regarded hitherto outside the oil markets, output of Libya’s prized high-quality crude oil has plunged from 1.4 million barrels a day earlier this year to just 160,000 barrels a day now. Despite threats to use military force to retake the oil ports, the government in Tripoli has been unable to move effectively against striking guards and mutinous military units that are linked to secessionist forces in the east of the country.
Despite all the yammering about protecting civilians during the Libyan civil war, this was really about protecting the flow of oil to France and Britain. Not working out so well, eh? No that much else is working out very well in Libya. Except for Jihadists.