Yes mental .... but when Gadhafi's son's and commanders agree to...

Yes mental .... but when Gadhafi's son's and commanders agree to an exit strategy then it is all over! The reasons they would agree include mass defections amongst their ranks, lack of materiel, lack of morale, lack of diesel along with ever increasing rebel strength and co-ordination. Gadhaffi cannot move his armour around now without it being destroyed. Without an agreed exit strategy, Gadhafi's inner cohort would also face certain prosecution either at home or at an international criminal court.

So what next? I can't predict exactly what post -conflict Libya will look like but presumably the Tribal leaders will agree to some sort of constitutional change project leading to some form of election. THe cost of the conflict will be tallied to be FAR higher than Greek, Irish or Spanish debt and it will place further downward pressure on the Euro.

Regardless, Europe will still want Tunisian gas and the Tunisians will want to supply their gas to Europe. Enter the JV and similar O&G plays in Tunisia.

Cheers