Monday, February 28, 2011

Reading Journal 3

*Page number: 3
*Date published: Feb. 28th. 2011
*Author's name: Bloomberg
*Title of the article: Libay exit plan
*A summary of the artical:
The violence in Libya that has left more than 1000 people dead, the international has been efford to halt the unrest. The oil prices to surge to a more than two-year high by this deadly clashe. Libay is the world's main region of crude oil production. In April, the crude oil delivery climbed 0.6 percent, to settle at $97.88 each barrel on the Ner York. The U.S. oil rose to %103.41 on Feb. 24, that is the highest price since Sept. 29, 2008.
*My opinion:
If the violence continues in the future time, that must be a serious effect for the security and the oli price of the world. Libay's government should make a correct choice that can be recovery the social security.

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