War for oil?

TERRY MACALISTER: So, was this a war for oil?

OIL POLITICS: Smoke rises from an oil terminal in the town of Brega, Libya, on August 15. Most of the town has been liberated from Qadhafi's forces.

The dust in Libya has not yet settled, but already the struggle has begun over who gets what.

The Libyan conflict has been a war about oil if not “for” oil. The country’s economy is almost totally dependent on hydrocarbons and a key objective for the transitional government will be to get the wells up and running again as soon as possible. [READ THE REST]

Jaffar Al-Rikabi: In Arab Protests, Oil Role Defies Simple Explanations

Oil is perhaps the most commonly cited factor in explaining the course of the various Arab revolutions in train since the Spring, but compared across countries its influence proves less decisive than generally suggested, argues Jaffar Al-Rikabi.

With the European Union announcing last Friday an oil embargo on Syria, denounced by some as ‘ too little too late,’ and by others as leading to ‘ nothing good,’ the impact of oil on the fate of the Arab protests has come to the fore of public attention.

In Libya, The National Transitional Council is scrambling to revive oil production, with new oil minister  Ali Tarhouni declaring last Saturday that production at the Misla and Sarir oil fields would be restarting in ten days time. During the preceding months of fighting between Gaddafi and rebel forces, Qatar had come to the rescue of the opposition, providing towns in eastern Libya with petrol, diesel and cooking gas to stave off a fuel crisis in rebel areas.  [READ THE REST]

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