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20 Sep 2011 00:33

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U.S.: Good news: Gas prices are down, but not from a year ago

  • $3.60 the average price of gasoline in the U.S.
  • -35¢ the decrease in price from May’s peak
  • +87¢ the increase in price from a year ago source
  • » What caused the increase? To put it simply, many analysts point to the civil war in Libya for inflating the price of gas, as it took 1 million barrels of oil out of the supply chain each day, raising the price of oil by $20 per gallon at its high point. The recent successes the rebels have had since NATO started its air strikes exactly six months ago tonight have helped to bring the prices down to more manageable levels. Seasonal factors are also at play, and with Labor Day behind us, gas prices should continue to decline through Christmas.
Posted by samimain • 0 Comments • Permalink

19 Sep 2011 10:44

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World: Six months in, and with Gaddafi rendered powerless, Libya turns a corner

  • The delay in the new government isn’t important. It’s like a sick man. He has to move slowly before he can walk at a normal speed. We need time to recover. … Look, we finally got rid of that bloody monkey. We are better than before.
  • Libyan engineer Mustafa Shaab bin Ragheb  • Discussing the current situation with the Libyan government, six months into the war. Yes, friends, today is the six-month anniversary of NATO getting involved in Libya’s civil war, which remains controversial for some but has led to the crumbling of Gaddafi’s regime. There are many issues to deal with from here — including a splintering rebel movement — but “we finally got rid of that bloody monkey” certainly seems like a good result of a lengthy civil war. source
Posted by Ernie Smith • 0 Comments • Permalink

04 Apr 2011 22:07

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World: Libyan rebels: NATO forces falling short of expectations

  • There’s a delay in reacting and lack of response to what’s going on on the ground, and many civilians have died and [NATO] couldn’t react to protect them.
  • Ali al-Essawi, foreign policy director of the National Transitional Council • On how things have been going since NATO took control of the no-fly zone. source
Posted by Seth Millstein • 0 Comments • Permalink
 
 
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