Gas up before Sunday

[bevischief]

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