[Peakoil] Saudi crude can't replace Libyan
Alex Pollard
alex-po at trevbus.org
Mon Feb 28 05:01:29 UTC 2011
http://ftalphaville.ft.com/blog/2011/02/23/496326/why-you-really-cant-swap-libyan-oil-for-saudi/
No-one can replace the high-quality Libyan crude, certainly not in the
short term. Saudi crude isn't of the same high quality. Oil supplies are
very tight. I expect NATO and maybe China will deploy forces there to
ensure supply resumes, perhaps under a UN banner.
Alex Pollard
O4O4873828
Vice-President
ACT Peak Oil Inc.
More information about the Peakoil
mailing list