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Why was the discovery of oil in libya important?

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BenjaminKyle | 20:38 Sun 16th May 2010 | History
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If you need to ask why the discovery of oil is important, Libya or elsewhere, then we cannot really help you.
This is beginning to sound like homework Benjamin, and since I just answered a question about Tunisia, I suspect you are comparing the North African economies. Why not put in all on one post and be up-front about it?!
Because it meant that Colonel Gaddafi didn't have to go as far to fill his car up.

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