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Good post, Santiago. The consequences of the hesitancy of The WestTM or Egypt*  to engage sufficiently to stop the slaughter in Libya, which could be done mostly by air power and probably in one night strike, is a testament to the importance of being able to publicly frame such arguments with coherence. Other than the oil producers, who may get a windfall for a period, I do not see how this paralysis helps any of the significant actors. Yet I can see that a prolonged period of high oil prices will do great damage to almost everyone else. The only bright spot might be were it to lead to a greater effort and urgency in the push towards renewables and energy self-sufficiency.

* (I do not know if Tunisia could bring this off even with some guidance and assistance, but if they could that should generate serious consideration. They are right next to Gadaffi's stronghold in Tripoli and have serious reason to be concerned with the refugee exodus and the instability currently on offer and also there may be considerable support for such action amongst the Tunisians - ex post facto.)

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Feb 23rd, 2011 at 04:35:25 PM EST
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