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Life After the Oil Crash
Deal With Reality or Reality Will Deal With You
Editor's Note: My Best Guess on the Release of Lockerbie Bomber and How it Relates to Oil and Energy Issues
By now, most of you have heard about the possible release of the Lockerbie Bomber. If not, check this article from the Economist. My best guess (having heard this from somebody else mind you) is that behind the scenes the U.S. is lobbying for the guy to be released in exchange for the big western oil majors not getting kicked out of the country. The guy is a hero in Libya so having him out is a pretty big deal. Getting Scotland to release him will be a boost to the Libyan government's relations with the Libyan street. So both the Libyan government and U.S. oil interests (potentially) benefit from him begin released. For more on Libya and the U.S. interest in it's oil reserves, check out this January 2009 article from Forbes: Is Libya Going to Boot U.S. Oil Companies?
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