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looks like gas prices will go up even more!

alledanalledan Member Posts: 19,541
edited October 2004 in General Discussion
(AP) Declaring the top oil multinational here "an enemy of the Nigerian people," unions on Sunday called a Nov. 16 nationwide strike that they said would target oil exports in Africa's oil giant.

The threats in the world's No. 7 oil exporter appeared likely to send new shocks through the global oil price market.

Unions called the Nov. 16 strike after giving President Olusegun Obasanjo until Sunday to reverse September's 23 percent increase in fuel prices in Nigeria.

Union leaders singled out Royal Dutch/Shell Group - Nigeria's largest petroleum producer - which they accused of planning to try to block the strike in the courts.

"We have resolved to declare Shell an enemy of the Nigerian people," Adams Oshiomhole, leader of the main Nigeria Labor Congress, told reporters.

"Shell will be treated as an enemy. We have the capacity to engage them," Oshiomhole said.

Shell officials could not immediately be reached for comment.

An October general strike over the fuel price increases paralyzed business, but left petroleum exports unaffected.

The strike helped push oil prices past the $50 a barrel mark globally.

"The last time we did not target oil exports because we expected the government to listen," Brown Ogbeifun, president of the union for Nigeria's white-collar oil workers, said.

"Now that the government will not listen, we have no option but to target exports," Ogbeifun said.

Nigeria exports 2.5 million barrels a day. It is the fifth-largest source of U.S oil imports.

Strikes in Nigeria often are violent, at times deadly.

Unrest - including kidnapping and sabotage targeting oil producers - over the past year repeatedly has shut down a significant percentage of oil production in Nigeria.






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