The Oil facility at Zueitina, south of Benghazi, is now damaged and oil wells are now on fire. The journalists there are now rounded up "for their safety from Al Qaeda". The result: WTI now passing $103, wiping out more tens of billions from the US GDP, further destroying corporate margins, and otherwise adding fuel to today's vapormeltup. Gold and silver follow suit.
http://www.zerohedge.com/article/risk-commodity-complex-jumps-reports-libyan-oil-wells-near-benghazi-fire
No comments:
Post a Comment