It Appears Libya Wants To Get Out Of The Oil Business ...

... another oil exporting port is closed....

Reuters is reporting:

An armed group has shut down export operations at Libya's crude oil port of Ras Lanuf in a move believed to be linked to a similar closure of the country's main export terminal last week, industry sources said on Sunday.

It was not immediately clear what the group wanted, but three Libyan industry sources drew comparisons with the shutdown of OPEC member Libya's Es Sider crude oil export terminal overnight on Thursday.

"Arab Spring":  President O'Bama's greatest gift to the US oil and gas industry. 

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President O'Bama's Cairo speech, "A New Beginning," June 4, 2009.

The Arab Spring began on 18 December 2010.

I've never understood the "why" of WWI. But the 30-second sound bite is this: in 1914, Europe was a powder keg; all it needed was a spark.

When one reads the "Arab Spring" article linked above, one gets the feeling history books will write this about the Mideast implosion: in 2009, the Mideast was a powder keg; all it needed was a spark.