If Libya uprising ends up in a civil war; will this increase the price of oil?

The son of wacko Gaddafi said that if the anti govt protesting doesn’t stop he will order the army to kill who ever is protesting and will turn Libya into a civil war; no joke it was like watching something during medevil times; anyways I know Libya is an oil player; will the Civil war increase the price of oil? I am thinking of putting some money on oil, what do u think?

3 Responses to “If Libya uprising ends up in a civil war; will this increase the price of oil?”

  1. Dogbreath Says:

    Seems a likely disruption in supply, of course when they run out of bullets and bombs, they’ll have to sell some oil to the French to keep the war going.

  2. discordia Says:

    Yes it will and already is (along with other affected states). But honestly there are much worse resultant possible outcomes as should dictators such as Gaddafi fall from their perches we need to be very concerned about what we may find in their place. These men though monstrous form part of the uneasy balance with Israel and that may not continue without them.

  3. acer_junior Says:

    This should explain it

    http://www.squidoo.com/libyan-protests