Libya two years on; the oil is flowing but where's the money going?

According to this report from the US Energy Information Administration oil production in Libya in 2012 virtually drew even with what it was before the NATO intervention. That would mean gross oil revenues of about 50 billion dollars.

Tomorrow marks the second anniversary of the beginning of the so-called revolution that ended with the NATO-sanctioned murder of Colonel Gaddafi. That means we're being treated to a spate of analyses in the media.

Here's a sample from Chris Stephen at The Guardian. Seems that the NATO installed and democratically "elected" government has made a success of restoring oil production and made a shambles of everything else. A year and a half after Gaddafi the government has yet to organize trash collection or basic policing services.

The Libyan economy is "on its knees" we are told.

So where is the money going?