So with Ghaddafi gone, will fuel prices drop? Maybe,....
• APBy then, oil, depending on where it is traded, could fall $10 to $25 per barrel.
But getting back to regular oil
production could prove difficult for Libya. Its government is still in
its infancy. It has no parliament, no constitution and few remaining
national institutions.
And infighting could spark a second uprising similar to the insurgency in Iraq, Barclays Capital analyst Helima Croft says.
"Certainly,
having Gadhafi no longer on the scene takes away one source of
instability. We just think the bigger problem might be the 'game of
thrones' between various factions within the rebel ranks," Croft said.
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