Monday, July 8, 2013

If Libyan rebels bring Khadafy down, gas and oil prices may follow: expert

If Libyan rebels bring Khadafy down, gas and oil prices may follow: expert Drivers may pay less for gas if Libyan rebels topple Moammar Khadafy's regime, experts say.
As rebel forces pushed into Tripoli on Sunday, power shifted dramatically away from Khadafy's 40-year stronghold and oil prices could drop as early as Monday morning, analyst Andrew Lipow tells the AP.
However, the full effect of Libya's political changes on oil may take months to reach the pump, he adds.
Before civil discord... read more

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Source: http://www.newsrt.us/news/if-libyan-rebels-bring-khadafy-down-gas-and-oil-prices-may-follow-expert-1099553.html

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