Libya — Oil Crisis Deepens as Armed Group, Strikers Halt Production.

Libya — Oil Crisis Deepens as Armed Group, Strikers Halt Production.HT: EA Worldnews.
The largest oilfields in western Libya have been closed after an armed group shut down the pipeline linking them to ports.

The cut-off, combined with halts to production because of striking workers and dissatisfied guards, means that total Libyan oil output is just under 200,000 barrels per day — a fraction of the level of about 1.6 million bpd before the uprising against the Qaddafi regime in 2011.

The oilfields in the west, El Feel and El Sharara, have a combined capacity of about 500,000 bpd.
In the east, striking workers, seeking autonomy for the eastern region, had already cut Libyan oil output by more than 50%.

Deputy Oil Minister Abdelbari Al-Arusi said the protest had cost the country $2 billion in lost revenues: “If the strikes continue, we will reach very terrifying figures in losses.”
Al-Arusi said the oil ports of Es Sider, Ras Lanuf, Zueitina, and Marsa al Hariga, remain closed.
Only Marsa al Brega, which loaded its first tanks in more than two weeks over the weekend, is open.Hmmm....Aren't you glad Obama got rid of that evil dictator Ghadaffi?