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U.S. troops will end their mission in Libya on April 2.

The U.S. will pull its jet fighters out of the international air campaign in Libya on Saturday, leaving NATO partners to take over air strike responsibilities as well as any effort to train Muammar Gaddafi’s opposition.

Announcing the U.S. exit strategy to Congress, Defense Secretary Robert Gates stressed that even though powerful combat aircraft like the side-firing AC-130 gunship and the A-10 Thunderbolt, used for close air support of friendly ground forces, will stop flying after Saturday, they will be on standby.

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Oil Rises to 30-Month High on U.S. Jobs Growth, Libya Conflict

April 1 (Bloomberg) — Crude oil climbed to a 30-month high in New York as the U.S. added more jobs than forecast, signaling increased demand, and as fighting intensified in Libya.

Oil advanced above $107 a barrel for the first time since 2008 as the Labor Department said payrolls rose by 216,000 workers in March. Economists projected a 190,000 gain, according to a Bloomberg News survey. Libyan rebels have been in retreat for three days as Muammar Qaddafi’s troops regained the initiative after almost two weeks of allied airstrikes.

….read more HERE