School of Indian Cooking

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The Colonel, Libya, Democracy and NATO.

On a similar theme to the last post on Japan and oil, one less immediately discussed consequence of the conflict in Libya and NATO intervention is the rise in oil prices. Various sources say that 1 million barrels of Libyan oil a day have been knocked off the global supply, upping barrel prices by $2.

Curbing despotic behaviour is costly in lives, infrastructure, resources and fuel for those directly involved on both sides.

For those not involved, especially many countries in Sub Sahara Africa, large parts of Asia, Central and South America it can cost lives through hunger and malnutrition, development,  political instability etc etc.

These are countries that often have their own dodgy leaderships and tyrannical rule but which tend not to have resources useful enough to warrant any intervention.