International records / Foreign Relations of the United States
212. Paper Prepared by the National Security Council Staff
e Tight Oil Market The tight oil market is tempting governments of middle-rank oil powers to rattle the oil weapon and is multiplying the significance of political turmoil in oil exporting nations. Five current cases outline the shape of the future: Nigeria’s Obasanjo threatens to end US “preference” in Nigeria’s oil export market if the long-pending joint project to provide LNG to the US east coast is frustrated by US Government action. Meanwhile, lesser Nigerians are passing the word that our oil interests may suffer in some way if we lift economic sanctions against Zimbabwe Rhodesia. Intern…
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