[Peakoil] Saudi crude can't replace Libyan

[Keith Thomas]

Perhaps I spoke too soon:

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http://www.arabianews.org/english/article.cfm?qid=158&sid=2

Protest Planned Against Saudi Rulers Thursday

Anti-monarchy protests are planned for thursday against the government of Saudi Arabia. The protest is being organized by the Saudi exile Saad al-Faqih's group MIRA (Movement For Islamic Reform).

Protests and demonstrations are banned in Saudi Arabia, but the organizers plan to start the peaceful demonstration after noon prayer in defiance of the law. The protests and demonstrations will take place in the Saudi capitol of Riyadh and in the city of Jedda.
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Keith Thomas
www.evfit.com
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On 28/02/2011, at 5:34 PM, Keith Thomas wrote:

The FT comment is a bit subtler than this. Personally, I expect that, unless Gadaffi destroys a significant part of the infrastructure, Libyan oil production will resume within a few weeks. I'm also not so sure Libyan oil is unique. As I recall it, Arabian crude is also classified as "sweet".

Does anyone know what industrial uses the unreplaceable Libyan oil has?
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Keith Thomas
www.evfit.com
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On 28/02/2011, at 4:01 PM, Alex Pollard wrote:

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.


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