http://digbig.com/4qhqh
John C.k. Daly
"The ongoing unrest in Nigeria's volatile delta region is having an inflationary impact on oil prices, with no resolution to the crisis in sight. The turmoil in the delta, the center of the country's oil industry, is largely driven by poverty and corruption. This year has seen steadily increasing disturbances, forcing cuts of over 20% of the country's daily output of oil (Terrorism Monitor, August 10). The effect of militant activity is exacerbated by ineptitude and corruption in the country's oil industry. Despite being the world's eighth largest oil exporter and fifth largest importer to the United States, Nigeria must re-import refined oil products—such as gasoline—because of decades of neglect of its own refineries."
