[SAJ]

Exactly. If the Muslim Brotherhood types take over -- and I'll take 3-1 on on that proposition -- any drop in overall price levels of crude will be short-lived.

However, a better way to trade crude will at that point be known. Buy WTI (NYMEX) crude futures and sell Brent (EuroNext) futures. Why? Libyan crude is a proxy for Brent, which is now trading some $22/bbl over West Texas. The jihadi types WILL have to export to pay their bills, and the mkt will transfer a considerable amount of demand to the more reliable suppliers. Or, in plain English, WTI will gain in price on Brent.

Good trading to you!

[cpdiii]

Why? Libyan crude is a proxy for Brent, which is now trading some $22/bbl over West Texas.

I wish this was true. If it were I would retire by 1200 tomorrow. I think I have detected a case of cranial rectal inversion that is complicated by mega colon distenstition due to inability to void.