No Blood For Oil!

Unless, of course, there happens to be a Democratic President who wants to ensure Europe’s oil supply

(Reuters) – The loss of Libyan oil output since February represented a greater disruption to global oil supply than the aftermath of Hurricane Katrina in 2005, Richard Jones, the deputy head of the International Energy Agency, told Reuters Insider TV.

Jones, speaking in Reuters’ Paris bureau, said that the initial disruption to oil output in Libya happened at a “fortuitous” time for European oil refiners as many were closed for maintenance.

Then it’s all-righty-a-ok to have a little kinetic negotiation.

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