On Wednesday Libya's President Muammar Gaddafi made a bad week for ConocoPhillips even worse. Talking with Georgetown University students via satellite, he said, according to Reuters, that oil prices ($43/barrel Wednesday) were "unbearable" and that Libyan oil "maybe should be owned by national companies or the public sector at this point, in order to control the oil prices, the oil production or maybe to stop it."
Hmm, that's Georgetown University, as in Washington D.C. Georgetwon, where more than one government spook has known to have graduated from. I don't think the CIA, the State Department or the oil industry missed those Georgetown comments made by Gaddafi.
Most interesting, look at how Helman, speculated at Forbes where Gaddafi's comment might lead:
Is Libya about to take the lead of its friends in Venezuela and Russia and launch a new round of energy-sector nationalism? The thought sends a shiver through the collective spines of ConocoPhillips, Marathon Oil, Occidental Petroleum, Amerada Hess and Royal Dutch Shell . All have made massive new investments in Libya since Gaddafi renounced his nuclear weapons program, made reparations for past terrorist activities like the Lockerbie jetliner bombing and returned to the fold of seemingly responsible nations.
Bottom lime: It would not be hard to make a circumstantial case that the good ol' boys in the oil industry would become very concerned about Gaddafi's nationalise the oil comments. It would certainly be seen as Gaddafi wandering off the resevation. Could the no-fly zone really be a "no take the good 'ol boys oil zone"? As in, don't even think about it, Muammar.