Brittany Sturdivant
Octobe 9, 2008 8:45pm
Gangs and other individuals are stealing oil. Is estimated that 100,000 barrels of oil were stolen which is roughly $9 million a day. Officials say that the boys are stealing the oil because they don’t see any alternatives. I think this is a ridiculous and the oil theft will continue if they don’t do something about this. I think there are alternatives than stealing oil, but the boys are too lazy or do even care to think about alternatives instead of stealing the oil. Nigeria and its partners have lost a sizeable portion of potential revenues because of oil theft or “bunkering”. The military has destroyed more than 100 bunkering locations last month. The individuals were very upset that these locations had been destroyed so they have been sending death threats by text message because they were furious that they did this and now they didn’t know how they were going to earn a living. Thieves drill into pipelines that are loaded with oil and use militant attacks as cover and ship the oil out of Nigeria to be sold on the international market.
I was very shocked to hear that oil left in going on. I know there is a desperate need for oil, but it’s ridiculous that these people are stealing oil and think its ok. I think it’s great that security is being enforced in these areas. The armed forces have helicopters and gunboats to make sure that they catch these criminals that are stealing the oil.
http://africa.reuters.com/wire/news/usnL6434261.html
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