(13 Aug 2011)
"Amid so much Market Volatility, does it come down to Brega?"
"This refinery is more important than any other place in Libya," Abdul Rahman said.
He agreed with Qaddafi's assessment. This terminal can pump 55 thousand barrels of oil to supertankers each day. That's why he believes the dictator will strike here again.
The rebels have taken the residential zone of New Brega. But that is 10 miles from the terminal and port area.They hope that capturing the port 466 miles east of the capital Tripoli will be a tipping point in their nearly six-month campaign to oust Gaddafi. They want to begin exporting oil from Brega as quickly as possible.But the battle for it has been going on for months.Remember Khadafi's threats: He'll blow up his own oil facilities before he lets the west control them.Does he bomb Brega?What would that do to already highly volatile trading @ NYSE?And just like Mr.Ken Raggio predicts:Will NATO soon invade Jerusalem? The UN Set A Precedent in KosovoWill the NATO handling of the Serbian Crisis serve as the precedent for a Nato resolution in Jerusalem? The question begs an answer, because it may define the Antichrist strategy for the takeover of Jerusalem.08/12/11
Abbas Wants US-led NATO Force for PA StatePA chairman Mahmoud Abbas told US lawmakers he wants a US-led NATO force to provide security for the future 'Palestinian state.'
Palestinian Authority chairman Mahmoud Abbas told visiting US Congressmen on Thursday he wants the security of a future PA state to be handed to NATO under US command, the Maan news agency reported Friday.