With the passage of UN Resolution 1973, France, Britain, the United States, and several Arab countries may intervene militarily in Libya to prevent attacks on civilians. This may very well avoid a Libyan civil war, and could save innumerable lives.
The effect of the UN action on ongoing and future Libyan oil production is difficult to say at this point. In order to help investors, I have examined some of the largest publicly traded oil companies to determine their exposure to Libya. I did this largely because when I tried to look up this information I couldn?t find the information compiled in one place. Simply understanding who conducts business in Libya ? and how much ? will I hope be useful to investors. Table 1 shows 9 of the largest oil companies and what percentage of their oil production occurs in Libya. I have also examined the what companies produce
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