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Old 01-18-2012, 12:44 PM  
bevischief bevischief is offline
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Gas up before Sunday
Key US oil supplier may cut off spigot Sunday
Associated PressBy CHRIS KAHN | Associated Press – Fri, Jan 13, 2012

Angry youths protest in front of the National television station on fourth day of the nationwide strike on the removal of a fuel subsidy by the government in Lagos, Nigeria, Thursday, Jan. 12, 2012. A union representing 20,000 oil and gas workers in Nigeria threatened Thursday it would shut down all production starting Sunday to take part in the crippling nationwide strike over spiraling fuel prices. (AP Photo/Sunday Alamba)

Angry youths protest in front of the National television station on fourth day of …

NEW YORK (AP) — 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.

It's unclear how much of Nigeria's production would be affected. At worst, the country'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 Nigeria's oil-dependent economy.



http://news.yahoo.com/key-us-oil-sup...GVzdAM-;_ylv=3
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Old 01-18-2012, 12:46 PM   #2
L.A. Chieffan L.A. Chieffan is offline
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Old 01-18-2012, 12:49 PM   #3
Imon Yourside Imon Yourside is offline
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Old 01-18-2012, 12:49 PM   #4
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Donger just creamed in his jeans.
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Old 01-18-2012, 12:49 PM   #5
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Another example of why they need to stop screwing around with the Keystone pipeline project.
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Old 01-18-2012, 12:50 PM   #6
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Old 01-18-2012, 12:54 PM   #7
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Old 01-18-2012, 12:57 PM   #8
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Awesome. We can look forward to the refined producers tripling the actual price increase, the retailers doubling their actual price increase, then both reporting record profits for Q1 of 2012.
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Old 01-18-2012, 12:57 PM   #9
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Old 01-18-2012, 12:58 PM   #10
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Another example of why they need to stop screwing around with the Keystone pipeline project.
There isn't a rancher/farmer (all conservatives) in SD or NE that supports keystone. Lot's of reasons why.
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Old 01-18-2012, 12:59 PM   #11
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Yes. Yes! YYYYYEEESSSS!

And I'm spent.
Come on, I know you want to bump the Gasoline prices thread.
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Old 01-18-2012, 01:00 PM   #12
journeyscarab journeyscarab is offline
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Another example of why they need to stop screwing around with the Keystone pipeline project.
That's not going to happen anytime soon...

Breaking: State Department to reject Keystone pipeline today
http://www.washingtonpost.com/nation...E8P_story.html

By Juliet Eilperin and Steven Mufson, Wednesday, January 18, 10:39 AM
The Obama administration will announce this afternoon it is rejecting a Canadian firm’s application for a permit to build and operate a massive oil pipeline across the U.S.-Canada border, according to sources who have been briefed on the matter.

However the administration will allow TransCanada to reapply after it develops an alternate route through the sensitive habitat of Nebraska’s Sandhills. Deputy Secretary of State William J. Burns will make the announcement, which comes in response to a congressionally-mandated deadline of Feb. 21 for action on the proposed Keystone pipeline.
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Old 01-18-2012, 01:06 PM   #13
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That's not going to happen anytime soon...

Breaking: State Department to reject Keystone pipeline today
http://www.washingtonpost.com/nation...E8P_story.html

By Juliet Eilperin and Steven Mufson, Wednesday, January 18, 10:39 AM
The Obama administration will announce this afternoon it is rejecting a Canadian firm’s application for a permit to build and operate a massive oil pipeline across the U.S.-Canada border, according to sources who have been briefed on the matter.

However the administration will allow TransCanada to reapply after it develops an alternate route through the sensitive habitat of Nebraska’s Sandhills. Deputy Secretary of State William J. Burns will make the announcement, which comes in response to a congressionally-mandated deadline of Feb. 21 for action on the proposed Keystone pipeline.
Eventually they will consider dirt too valuable a resource to dig.
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Old 01-18-2012, 01:08 PM   #14
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There isn't a rancher/farmer (all conservatives) in SD or NE that supports keystone. Lot's of reasons why.
This isn't correct.
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Old 01-18-2012, 01:18 PM   #15
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Obammer just
said he would not support the Keystone Pipeline. There goes 100,000 good paying jobs.
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