Tuesday, March 1, 2011

Bin Laden and drug laced coffee held responsible in Gadhafi speech

In a recent Moammar Gadhafi speech addressing unrest in Libya, the North African dictator held responsible the Libya demonstrations on odd factors. Gadhafi claimed that unrest was brought on by insurgents sent by Osama bin Laden and by the influence of hallucinogenic drugs. The grip that Gadhafi has on Libya is beginning to weaken.

Libya violence held accountable on Teenagers

On Libyan state TV, a presentation was given by Moammer Gadhafi that currently rules Libya. Reuters states that he pointed fingers. He said some specific parties were to fault for the issues in Libya. In the presentation on the telephone that was broadcast on the TV, Gadhafi explained that he thinks the North African nation had violence because of teens on narcotics while the troubles in Libya were due to Osama bin Laden and al-Qaida. He said in the rambling presentation that “their ages is 17″ and that al-Qaida agents were putting “hallucinatory pills in their drinks, their milk, their coffee, their Nescafe.”

Fights in a third of Libya

The Christian Science Monitor reports that Gadhafi and pro-Gadhafi forces do not have power over almost the whole eastern 3rd of Libya. Cities like Tripoli that are nevertheless controlled by Gadhafi have a lot of violence continuing while cities like Tobruq and Benghazi that are "liberated" now have become calmed by the belief that they aren't ruled by a dictator anymore. Demonstrators have been joined by Libyan army members during this. It has occurred due to orders from Gadhafi to shoot the protesters.

Jump in gas prices does not stop

Despite reassurances from Saudi Arabia that oil production would not be impacted by the Libyan revolts, crude gas prices are still ascending, and the New York Times claims it is due to the Libyan protests. Oil prices ended on Thursday, February 244, at $97.28. They were over $100 during the day at one point though. It is envisioned that unrest in the Middle East can lead to fuel prices increasing to $4 a gallon or more.

Citations

Reuters

reuters.com/article/2011/02/24/us-libya-protests-gaddafi-idUSTRE71N4NI20110224

Christian Science Monitor

csmonitor.com/World/Middle-East/2011/0223/Qaddafi-holds-no-sway-over-these-Libyans

New York Times

nytimes.com/2011/02/25/business/global/25markets.html?src=busln



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