Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $20,503
25%  
Woo hoo!! And we're now over 25%!! Thank you all very much!! God bless.

Keyword: worldoil

Brevity: Headers | « Text »
  • Nigeria’s Oil Exports Strike Scheduled for Nov. 16 - May Lead to Higher U.S. Fuel Prices

    11/15/2004 1:22:57 PM PST · by DDavenport · 12 replies · 576+ views
    News Informant ^ | November 15, 2004 | Bernard Perlstein
    Nigerian Strike To Focus On Oil ExportsNigeria’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.