The reason Western military power overthrew Ghaddafi.  You can be assured it wasn’t for the benefit of the Libyan people when there are so many others in more need.

http://money.cnn.com/2011/10/25/news/international/libya_oil/index.htm?hpt=hp_t1

“NEW YORK (CNNMoney) — Western oil companies are eager to jump back into Libya, but without strong oil laws there they are hesitant to invest the billions of dollars needed to boost production.

“Before the fighting broke out, the country produced about 1.6 million barrels of oil per day. Of that, the Libyan National Oil Company controlled about 1.1 million.

“But under Moammar Gadhafi the terms of those deals were strict. The dictator effectively imposed a 93% tax on any oil the companies produced in Libya.

“This 93% is a joke,” said Fadel Gheit, a senior energy analyst at Oppenheimer. “Not even Russia has that.”

“A more palatable rate would be something like Norway’s 75%, said Gheit. A U.S.-style 50% would be a downright gift.

“As Libya’s oil production begins to come back online, the new government has kept the terms and conditions from the Gadhafi era law, for the time being.

“No one is expecting a reduction to a 50% rate, but some changes are expected.”