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How US Businesses in Libya Made Certain They Could Operate in the Rogue State

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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Feb-23-11 09:21 AM
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How US Businesses in Libya Made Certain They Could Operate in the Rogue State
The only people more terrified of the foreign mercenaries or anti-aircraft missiles or the fighter jets deployed to shell protesters than Libyans are the businessmen working for oil and gas companies in Libya. In fact, this whole democracy thing is a nightmare for companies in Libya that fought just over two years ago to ensure the market in Libya would not be restricted by an amendment that aimed to prevent companies from doing business with rogue states designated as state sponsors of terrorism.
Financial Times reports escalating violence in Libya has kept oil prices at two and a half year highs. Many of the oil ports and refineries are now shut down. International oil companies are evacuating their staff from the "world's 12th largest oil exporter."

All the violence, protest and political tension in Libya and the wider Middle East and North Africa seems to have led the US-Libya Business Association to make a cold calculated decision to disappear from the Internet for the time being until calm returns to Libya. RAW STORY reported on February 21 that the website of the US-Libya Business Association (USLBA) went down.

The group, which incorporated in 2005, describes itself as "the only US trade association" focused on the US and Libya.

Most recently, US-Libya Business Association Honorary Chairman Ambassador David Mack and Executive Director Charles Dittrich participated in a Middle East Institute-sponsored discussion in Washington, DC, titled, "US-Libya Relations: Surviving the WikiLeaks Controversy?" The two, who visited Libya for five days and met Libyan government officials in mid-December were scheduled to discuss their "impressions regarding the political and economic climate in Libya and the implications for both overall US-Libyan relations and the prospects for American business interests."

A cache of the USLBA website reveals the companies affiliated with the association. Founding members include Chevron, ConocoPhillips, Hess Corporation, Marathon Oil Corporation, and Occidental Petroleum. General members include Dow Chemical, Fluor, Halliburton, Midrex Technologies, Motorola, Raytheon, Shell, United Gulf Construction, Valmont, and White & Case LLP.

http://www.opednews.com/articles/How-US-Businesses-in-Libya-by-Kevin-Gosztola-110222-67.html
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