Libya, Khaddafy’s impact on the U.S. (the rookie Hussein's war for oil)

WNDU ^ | 8/28/11 | Erin McGinn

[Libloather]

Libya, Khaddafy’s impact on the U.S.
Reporter: Erin McGinn
Posted: 10:44 AM Aug 28, 2011

Here in Michiana, we are more than 5,000 miles away from everything going on right now in Libya. So how does this affect us?

Libya is the fourth largest country in Africa. Nearly two million people live in Tripoli alone, that is the area where Moammar Khaddafy has held the most power.

The United States has a vested interest in the country’s oil production. In fact, Libya has the largest oil reserve in all of Africa.

Experts agree that a resolution to this conflict would help bring down gas prices here in the United States, but that resolution might not come easily.

The rebels’ National Transitional Council is gaining ground in the Arab world and some of Libya’s frozen assets have been restored to the group, but they still may still face a lot of difficulty.

“I think in the short term, there’s going to be a period of instability. Khaddafy and his sons are still at large, and there’s been a lot of damage done to the infrastructures. So until the final pockets of resistance of the pro-regime elements are cleaned up, and then there’s going to be a period of rebuilding for some time to come,” says Notre Dame Political Science Professor Mike Desch.

In the past, there has also been a lot of tribal and ethnic discord in the country and while several groups have joined in the rebellion together, it’s a very loose alliance.

[Libloather]

The United States has a vested interest in the country’s oil production.

Like Iraq?

[Cheetahcat]

Let’s see the junior Senator with a * left the Pan Am bomber alive and well with the Whack Jobs in charge of a Oil rich country,well done bonglip!