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Nigeria’s Oil Exports Strike Scheduled for Nov. 16 - May Lead to Higher U.S. Fuel Prices
News Informant ^
| November 15, 2004
| Bernard Perlstein
Posted on 11/15/2004 1:22:57 PM PST by DDavenport
Nigerian Strike To Focus On Oil Exports
Nigeria’s largest labor organization has called for its 2nd national strike — to start Nov. 16 — against recent government hikes in the domestic retail oil price. This strike, however, is strategically aimed at stopping Nigeria’s lucrative oil exports. Nigeria is the world’s seventh largest oil producer, and is the fifth largest provider of oil imported by the United States. If the strike is effective, its effects could ripple through the global oil economy, causing wholesale prices to rise beyond its recent record levels, and raising U.S. gas and fuel prices.
(Excerpt) Read more at newsinformant.com ...
TOPICS: Business/Economy; Foreign Affairs
KEYWORDS: energyprices; fuel; fuelnews; fuelprice; fuelprices; fuelshortage; fuelshortages; gasoline; gasolineprice; gasolineprices; gasprice; gasprices; globaloil; nigeria; nigerian; nigerianews; nigeriannews; nigerias; nigeriasnews; oilimports; oilmarket; oilnews; oilprice; oilpricenews; oilprices; oilstrike; worldoil; worldwideoil
Depending upon how "effective" the strike is and how long it lasts, it could affect our price at the pump. If it's long enough it could lead to some fuel shortages in the next few months.
To: DDavenport; lowbridge
Lowbridge, time to go to work :-)
2
posted on
11/15/2004 1:24:13 PM PST
by
steveegg
(Belling is free!)
To: DDavenport
3
posted on
11/15/2004 1:24:40 PM PST
by
SlowBoat407
( Just drive away and remove the piece of paper that is stuck to window later.)
To: DDavenport
4
posted on
11/15/2004 1:25:59 PM PST
by
rvoitier
(There are too many Al's in this world: Al Qaeda, Al Jazzera, Al Gore, Al Sharpton, Al Franken)
To: SlowBoat407
Yeah, double-quick!
They're at it again in Nigeria. I knew it was some kind of omen the first time they struck.
5
posted on
11/15/2004 1:26:08 PM PST
by
KiloLima
(www.opgratitude.com = Give, you will feel better.)
To: DDavenport
Why not, it's the holidays and people will be traveling. Seems like a logical time to raise oil prices anyway.
(/sarcasm & grumble)
6
posted on
11/15/2004 1:29:57 PM PST
by
NordP
(Proud Member of God's GOTV)
To: KiloLima
Doesnt this mean it will affect the worlds oil prices. not just the US?
7
posted on
11/15/2004 1:29:58 PM PST
by
sgtbono2002
(Breathes there a man with soul so dead, Who never to Himself has said,this is my own,my native land)
To: sgtbono2002
"If the strike is effective, its effects could ripple through the global oil economy, "
I'm pretty sure that's what this line means.
8
posted on
11/15/2004 1:47:32 PM PST
by
Bigh4u2
To: DDavenport
Any chance we can persuade someone else to go on strike? The guy who sends me a bogus Nigerian banking scam message EVERY 3 HOURS OR SO?
To: SlowBoat407
If we started drilling today, how many years before ANWR oil is in the pipeline? The RATS have been blocking this source of domestically produced oil for years.
ol hoghead
To: ol' hoghead
11
posted on
11/15/2004 5:36:11 PM PST
by
SlowBoat407
( Just drive away and remove the piece of paper that is stuck to window later.)
To: SlowBoat407
I'm sure you're correct about the timeline.
Clinton could have done something about the delay but the polls were'nt right. The drillers need less than .3% of ANWR to drill in, on a coastal plain mud flat. The Greens keep showing pictures of the (breathingly beautiful) Brooks Range and claim they would be damages, but the Brooks Range are south of the proposed drilling area in the coastal plain. After the drilling derricks are removed there would be little evidence than hamans had ever been there.
ol' hoghead
12
posted on
11/15/2004 6:05:23 PM PST
by
ol' hoghead
(ally to late)
To: ol' hoghead
hamans= humans. It's that time of the night.
ol' hoghead
13
posted on
11/15/2004 6:07:15 PM PST
by
ol' hoghead
(ally to late)
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