Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on June 29, 2008

Bookmark and Share

Nigerian conflicts tighten oil bottleneck

Amid surging demand for oil, a severe bottleneck has developed in production of high-quality West African crude, alarming world leaders and demonstrating a new vulnerability in fragile oil markets.

With production declining elsewhere, consumer nations had been looking hopefully toward Nigeria. But rebels who have waged an increasingly bold campaign in the oil-rich Niger Delta have slashed the country’s output in their most recent attacks.

LATimes



Leave a Reply

Your email address will not be published. Required fields are marked *