Oil and Libya

Despite the great crackdowns on human rights with the abuse of the civilains, as well as the need to rescue many that work in Libya in Libya and trying to get out, much of the focus had been on what will happen to oil.
The oil prices have begun surging in repsonse to the crises, and worry over the cost of premiums on the global economy are heavily discussed. Most economists have stated that markets are self correcting and in the long run we will see a stabilization of the prices.
I think these crisis's show the need to redirect our energy poilicy on more reusable sources of energy so countires can focus on the cost of human lives, rather than the cost of oil.

http://oilandglory.foreignpolicy.com/posts/2011/02/22/the_middle_easts_new_susceptibility_index

Greg Voegtle