Up to 200 feared dead in Nigeria pipeline blast

[quaoar]

Expect oil prices to skyrocket today.

http://www.msnbc.msn.com/id/12754908

LAGOS, Nigeria - An oil pipeline exploded Friday in Nigeria and up to 200 people are feared dead, a local television station reported.

The fiery blast came as villagers flocked to a ruptured conduit in Ilado, outside the main city of Lagos, to scoop up fuel that was gushing out, according to Nigeria’s Channels Television. Up to 200 may have perished in the explosion, the station said.

People often tap into the pipelines to steal fuel, which can be ignited causing huge fireballs.

[bluestateguy]

1. Shut down the oil exchange

Those oil traders need to take a chill pill.

[corkhead]

7. here we go, $4 /gallon is coming soon to a station near you

[noonwitch]

8. Not until after the elections

If gas is $4 a gallon over the summer and into the fall, the GOP will definitely lose big. I really don't think they're going to take chances-they will find a way to lower gas prices and they will then make a really big deal about it.

At least that's what they will do if they want to keep majorities in both houses.

[OKNancy]

2. Add this link Please

http://www.msnbc.msn.com/id/12754908/

You could also copy and paste part of the article and change you subject line if you would be inclined to do that. :-)

Thanks

[quaoar]

4. Done

Thanks

[Rockholm]

3. Great timing for BIG OIL.

[Aviation Pro]

5. I smell a Special Op here.

Not from USASOCOM but from some other influence.

[cliss]

6. Nigeria = the new hot spot on the horizon.

It seems that wherever oil interests go, you have trouble. The Middle East is a tinderbox, ready to blow. And not from the oil underground.

Nigeria is critically important to the US. We import 1.342 million barrels per day. If that supply were to be disrupted, expect higher gas prices at the pump. Also, one oil executive was killed there yesterday, and 2 hostages were taken (probably Italian).

It seems the Nigerians are upset. They feel they are being gouged, and they want more money from the oil revenues.

[muriel_volestrangler]

9. I'm wondering about the priorities of several DUers

Up to 200 people may be dead, and the responses are about oil prices? A bit of perspective, please, everyone.

[corkhead]

10. point taken. I didn't mean to sound insensitive.

it wasn't my intent to minimalize the deaths of 200 people, nor was it meant to sound like I was whining about my having to pay $4 per gallon for gas. My remark was meant to highlight another example of how this corrupt oil based administration's cronies seem to always profit from tragedies like this, including on a much larger scale, Iraq.