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Re: Key US oil supplier may cut off spigot Sunday

By: capt_nemo in ROUND | Recommend this post (0)
Mon, 16 Jan 12 7:08 PM | 37 view(s)
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Msg. 38060 of 45651
(This msg. is a reply to 38059 by lkorrow)
Jump:

pushing crude and gasoline prices higher for Americans.

Manipulation comes to mind! These folks do not know what, When is ,enough is enough means?..........

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.

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The above is a reply to the following message:

Key US oil supplier may cut off spigot Sunday
By: lkorrow in ROUND
Mon, 16 Jan 12 11:18 AM

Msg. 38059 of 45651

Wonder what's going on now...

Key US oil supplier may cut off spigot Sunday

http://www.newstribune.com/news/2012/jan/14/key-us-oil-supplier-may-cut-spigot-sunday/

NEW YORK (AP) â€” One of the biggest suppliers of oil to the United States may shut off the spigot this weekend, pushing crude and gasoline prices higher for Americans.

Nigeria, which supplies 8 percent of U.S. oil imports, could see production halted if striking workers walk off the job Sunday. Workers are demanding the return of a vital government fuel subsidy that has kept gasoline prices low in that impoverished and restive nation of 160 million people.

Itâ€™s unclear how much of Nigeriaâ€™s production would be affected. At worst, the countryâ€™s 20,000 unionized oil workers could take as much as 2.4 million barrels of daily crude production off the market, striking at the heart of Nigeriaâ€™s oil-dependent economy.

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