Nigerian Militants Threaten Oil Supplies

If the United States did not have enough difficulty trying to handle oil problems in Georgia and Venezuela, militants in Nigeria are threatening to upset American oil shipments from that nation. The Movement for the Emancipation of the Niger Delta(MEND) said it might broaden attacks on oil companies to include off shore oil fields. Its aggressive actions in the region already have raised the price of oil to $94 a barrel. Militants have bombed pipelines, platforms, gas plants and oil fields. Mend argues it is fighting for more local control of the region’s oil wealth so more of the profit is retained at the source of oil.

Mend has warned oil workers to leave the area before fighting intensifies. They are ready to expand the range of attacks to include offshore facilities. As fighting continues, and the possibility of reducing oil exports rises, the United States consumer will be hurting.