Texas starts buying Libyan oil via Rebels...., page 1
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Topic started on 8-6-2011 @ 08:57 PM by THE_PROFESSIONAL
www.msnbc.msn.com...

Rebels sell oil San Antonio-based Tesoro told Reuters on Wednesday it bought the Libyan rebel crude to process in its Hawaii refinery. The deal was first agreed upon in late April, company spokesman Mike Marcy said. "We purchased a cargo of Libyan crude that was available at the time," he said in an email. Swiss oil trading firm Vitol SA, which loaded the crude onto a tanker in Libya in early April, acted as middleman in the transaction, trading sources said. While Vitol marketed the crude, Tesoro's purchase of the cargo marked the first transaction involving Libya's eastern rebels and a major foreign commercial user of oil. "It's an important precedent because it proves the rebels can find international buyers for their oil," a source at a major oil tanker operator told Reuters, requesting anonymity.



Well well well. If oil was not one of the major factors for the war (the other being the gold dinar). Seems that we folks at ATS are right as usual. We really need to start our own TV station and have discussions on it. We knew all along that this was a fight about oil/gold and everyone scoffed at us. History repeats as usual..

**shakes head**
edit on 8-6-2011 by THE_PROFESSIONAL because: (no reason given)

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