ST Alpha - "the oil market doesn't work that way. If Libya wants money, they have to sell their oil." (Reading a Post)

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In response to "They don't want to be on the wrong side of a major oil supplier. -- nm" by the liioulu with lots less

the oil market doesn't work that way. If Libya wants money, they have to sell their oil.

Posted by Reagen Mar 17 '11, 16:59

and if they sell it to anyone, then it eventually gets around to everyone.

Responses:

Weren't there sanctions against Iraq that kept them from selling oil before we went in? - the liioulu with lots less Mar 17, 17:10 8
- Yes, the world could lay sanctions on him. That seems like that'd piss him off even more, so wouldn't seem to fit with your theory. - Reagen Mar 17, 17:17 7
  - And he hasn't always played well with OPEC. - the liioulu with lots less Mar 17, 17:22 6
    - OK, so he says "I'm not selling oil to Italy anymore". He then sells to South Africa or Mali or Ghana or whereever - Reagen Mar 17, 17:25 5
      - And he's done some of those things in the past. - the liioulu with lots less Mar 17, 17:32 4
        
        describe those consequences to me and contrast them with how they would be different than the current situation of no Libyan oil? - Reagen Mar 17, 17:36 3
        
        Okay, we aren't talking about the same thing. I mean when it's all over and done. - the liioulu with lots less Mar 17, 17:41 2
        
        Yes, we are. - Reagen Mar 17, 17:53 1
        
        I didn't say anything about S&D.... I said Supply and Price. - the liioulu with lots less Mar 17, 17:58
*tag* you're it -- nm - moles Mar 17, 17:02

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