Word: nigeria
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Dates: during 1970-1979
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Despite massive international relict efforts the worst drought in recorded African history has thus far claimed perhaps as many as 100,000 lives in northern Nigeria and in the "Sahel," or subSaharan, nations of Mauritania, Senegal Mali, Upper Volta, Niger and Chad. More than 1,000,000 hungry nomads are roaming the Sahel, surrounding its cities in a futile search for food. Nomads in Chad have been forced to eat leaves and bark to stay alive. In Nigerias parched Northeast, villagers pillage anthills to get at grain kernels that the ants have stored away...
...desperately afraid of further offending the Arabs, no one wants to talk about the strategy, but it seems to work like this: the oil companies are duly sending elsewhere Arab oil that normally would go to The Netherlands. But they are replacing it by rerouting to Rotterdam oil from Nigeria, Venezuela or Indonesia that usually would go to Britain, Germany or other countries-over the protests of some British distributors who have not yet received some shipments that they were promised.* In addition, even some Arab oil may still be flowing into The Netherlands...
...tightening in worldwide oil supplies is also kicking up the cost. Since January Venezuela has doubled its price, to $7.20 per bbl. In the past three weeks, Nigeria's has almost doubled, to $8.40 per bbl., and Indonesia's has increased 20%, to $6 per bbl. Price controls on U.S.-produced petroleum will be slowly loosened in the near future in order to tempt oilmen to expand exploration and boost supplies. Rising oil prices will lift the cost of such other fuels as propane, natural gas and even coal...
...Venezuela's 56% boost in its posted prices and Nigeria's announcement that it will almost double its prices, Indonesia announced a 20% rise, to about $6 a bbl. These increases are certain to send up the cost of U.S.-produced oil, which under Phase IV controls is held to an average of $4 per bbl. But "new" oil-all production of a well above last year's total-is exempt from controls, and it is now selling for $5.60 or more per bbl. By next year it is expected by independent producers to leap as high...
...biggest foreign supplier, has slapped a 40?-per-bbl. tax on oil exported to the U.S. as a means of keeping its fuel at home. (Taking advantage of the tight supply situation, Venezuela, the nation's second largest foreign source of oil, kicked up prices 56%, and Nigeria announced that it would soon post an increase.) So the U.S. must take drastic conservation measures, and some already are beginning. With Government encouragement, three airlines-American, TWA and United-agreed to save jet fuel by canceling 82 flights daily. Round-trip flights between New York and Chicago will be reduced...