Saturday, January 5, 2008

Niger Militants will step up violence in quest to paralyze Oil Exports

The militant group responsible for most of the violence in the Niger Delta region, MEND, has sent out an email telling people to watch out for more violence and to reassert their stated goal of paralyzing ALL of Nigeria's oil exports....

From CNN Money --
The Movement for the Emancipation of the Niger Delta, or MEND, said in the statement sent by e-mail late Thursday that its "goal remains to paralyze 100 percent of Nigeria's oil export in one swipe."

The e-mail told residents of key oil-producing states "to avoid milling around army checkpoints and armored personnel carriers as they have become targets for attacks by explosive devices."

MEND claims to be fighting for an increased share of oil wealth for the people of the country's oil-rich Niger Delta, who remain among the poorest in the world despite the huge wealth extracted from their soil.

Attacks by armed groups in the region have cut more than 20 percent of Nigeria's daily oil production, adding to the upward pressure on global oil prices.
More....

So what does this mean for us? Higher Damn Gas Prices!

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