[SE Mom]

Starting the third thread now- please post links, updates and breaking events here- thanks to you all for making these threads so informative.

[SE Mom]

http://www.reuters.com/article/2011/03/02/us-markets-oil-idUSTRE71192R20110302

(Reuters) - Oil rose to settle at its highest level ($102) since August 2008 on Wednesday after an airstrike near Libya’s oil infrastructure raised more fears the OPEC nation’s oil sector could become a target in embattled leader Muammar Gaddafi’s efforts to hold power.

News of the strike in Brega, about kilometers (1.2 miles) from a Libyan oil terminal, added to two weeks of fears the unrest could spill over into other large oil producers in the region.

Oil markets remained focused on the turmoil in the Middle East, which could signal another threat to global oil supplies after the Libyan revolt cut exports.

“It looks like an attack fairly close to what is one of Libya’s largest storage and export terminals,” said Andy Lebow, trader at MF Global in New York.

[dalebert]

hmm they all sound a lot like mrs. o

[org.whodat]

Which one is from the pimpled face kid in Vegas????

[cookcounty]

French International TV channel, TV5 Monde, is reporting 6,000 killed in Iraq.

(My wife is a French teacher and we sometimes watch their news)

[PghBaldy]

The ironic thing is, our Muslim allies’ countrymen (Pakistan, Saudi Arabia, Egypt) are responsible for more spilt American blood than Libya is.

[M. Espinola]

From the Daily Mail, 2nd of March 2011.

http://www.dailymail.co.uk/news/article-1362098/Libya-crisis-Gaddafi-unleashes-warplanes-bomb-cities.html