Sunday, March 27, 2011

Hitting Khadafi

It looks like the air strikes are having their desired effect. The Libyan rebels have retaken two key oil ports and Khadafi's troops seem to be retreating in haste. According to reports, they've left ammunition and supplies behind and just, as one source put it, "melted away". The coalition has hit Khadafi's hometown of Sirte and other positions. The rebels have retaken territory they lost earlier. They are moving westward and are looking to take Sirte soon. Qatar, who is participating in the strikes, has said they will help the rebels move the oil currently in storage. The storage facilities are filled to capacity so they can't pump any more oil until they pump out the current stocks. With any luck, that might even help bring oil prices down. Maybe. All we can do now is watch and wait. Here's hoping it ends soon and the Libyan people can rebuild a better country and future.

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