After a gunman attacked a police station in Bonny Island, Nigeria, the crude oil pipeline which carried more that forty percent of the U.K.’s crude oil was shut off.
BP closed the Forties Pipeline System, carrying 40 percent of the U.K.’s oil output, after a strike at the Grangemouth refinery cut power supplies to the network that delivers 700,000 barrels daily. Five police were killed and guns and ammunition seized in yesterday’s attack in the Niger Delta where output has already been halved by strikes and attacks on pipelines.
Many people may overlook the oil crisis as a worldwide issue. It is important to recognize that not only Americans are struggling from this current trend. Other countries may be feeling more remorse toward the oil companies as they, may not be as wealthy and could be struggling at a more extreme level. The United States along with the rest of the world needs to come together and devise a solution for the crisis at hand. Perhaps tapping into the U.S. oil supply at a higher level?
