What do you think of America shifting its strategic focus on Sub-Sahara Africa for Oil Exports?
I could be wrong...but as of 2009 I believe that the United States imports more oil from Sub-Subara Africa than Saudi Arabia. Most of the oil producing nations in sub-saharan Africa with the exception of Nigeria are not members of OPEC. Not to forget
sadly, what our government does reflects back on the american people., but i can say as an american woman i do not agree with everything the government does. everyone now knows this war was more oil greed based, but the government has a way of tricking
DUBAI, March 3 (Reuters) - As Libya's embattled leader pelts rebel strongholds with bombs near the country's coastal oil export hubs, the risk of long-term damage to the OPEC country's oil industry is rising. Libya's battle lines are
In addition to the Middle East, OPEC countries elsewhere pose perennial concerns. One is Nigeria (1.5 libyas), where an active insurgent group regularly targets the oil industry, and where Muslim-Christian violence has erupted in recent months.
Officials said that opening the spigot on the strategic reserve would send precisely the wrong signal to domestic consumers and international oil markets at a time when gasoline prices have risen only modestly and oil supplies are not yet severely
Saudi Arabia also pumped extra oil: nearly 2.5mb/d on top of the 8.5m it was already providing. OPEC's spare capacity now is put at anything between 6m b/d (by OPEC) and 4m-5m b/d (by industry analysts); Saudi Arabia's share of that excess is perhaps
CAIRO (AP) — A Libyan oil official said Wednesday that exports from the rebel-held east were proceeding normally and that funds for the shipments would continue to be deposited in the country's accounts even if the OPEC nation comes under