Reply #14: Saudi Arabia did not make up for Libyan oil

[ensemble]

The punchline:

"So my take is that the failure to increase production to compensate for Libya is deliberate. We can only speculate, but my guess is that, having watched how the west has helped to ease Mubarak and Ben-Ali out of power and is intervening in Libya to the same end, the Saudi regime is in no mood to care about our desire for more oil. Instead, they are very much in the mood to build as large a war chest as possible with which to appease their own population, strengthen their defense measures, etc."

http://www.energybulletin.net/stories/2011-04-15/saudi-arabia-did-not-make-libyan-oil