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Saturday, April 16, 2011

'US to recoup Libya oil from China'  http://english.iribnews.ir/NewsBody.aspx?ID=13448

Libyan ruler Muammar Qaddafi has made two mistakes: It blocked the US Africa Command by not joining it and let China into Libya with major energy investments instead, says a former US official. Press TV has interviewed Dr. Paul Craig Roberts, former assistant secretary of US Treasury from Panama City, who gives his insight on the revolution in Libya and why US President Barack Obama needs to overthrow Qaddafi when no other US presidents did.There are more differences: another is that these protests originated in the eastern part of Libya where the oil is - they did not originate in the capital cities. And we have heard from the beginning, credible reports that the CIA is involved in the protests and there have been a large number of press reports that the CIA has sent back to Libya its Libyan asset to head up the Libyan rebellion.

In my opinion, what this is about is to eliminate China from the Mediterranean. China has extensive energy investments and construction investments in Libya. They are looking to Africa as a future energy source. The US is countering this by organizing the United States African Command (USAC), which Qaddafi refused to join. So that's the second reason for the Americans to want Qaddafi out. And the third reason is that Libya controls part of the Mediterranean coast and it's not in American hands. 

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