THOTS ON PETROL: WITH COUNTRIES LIKE GHANA,ANGOLA,NIGER-REPUBLIC AND EVEN CHAD ALL HAVING CRUDE OIL AND MOST IMPORTANTLY HAVING A MORE FRIENDLY BUSSINES/DRILLING CLIMATE,WE ARE GRADUALLY GETTING INTO A TIGHT MONO-REVENUE GENERATING CORNER. MOST RECENTLY,INFACT THIS MORNING,THE PRICE OF OIL HAS DROPPED BY $2 WITH THE HISTORIC AGREEMENT WITH IRAN.YOU MAY WISH TO KNOW THAT IRAN IS WORLD NUMBER 4 IN OIL RESERVES AND ALSO HAVING THE MOST BUSIEST ROUTES IN THE MIDDLE-EAST 4 CRUDE OIL SHIPPING TRAWLERS THROUGH THE STRAIT OF TAMUZ. WITH ALL THIS STRATEGIC ECONOMIC SETTLEMENT/DEALS BY THE UNITED STATES,OUR EMBARRASSING RECORD DEPENDENCE ON OIL 4 ALL AND EVERY BIT NATIONAL REVENUE COUPLE WITH LARGE AND EXPENSIVE POLITICAL STYLE OF GOVERNMENT,I MAY HAZARD TO SAY WE ARE IN 4 MORE PETRO-DOLLAR REVENUE CUTS. ANOTHER ISSUE IS THE MANNER LOTS IOC(INTERNATIONAL OIL COMPANIES) ARE CLOSING A LARGER PORTION OF THEIR OPERATIONS AND RELOCATING 2 MORE FRIENDLY OIL PROSPECTING CLIMATE OF GHANA,ANGOLA,GABON and NIGER-REPUBLIC. WE NEED OR OUR LEADERS NEED 2 START DIVERSIFYING 2 OTHER SECTORS BEFORE WE WILL BE STRIPPED OF OUR ONE AND ONLY TROUSER IN THE MARKET SQUARE. OBAMA and HIS KITCHEN EACH HAVE A HEAD EACH NOT TWO,THE IRANIAN DEAL IS NOT ALL ABOUT THE NUCLEAR CENTRIFUGES,BUT OIL AND OTHERS ARE THE FORE-SEEN SPILL-OVERS... AFTER ALL,THE JAPANESE SAY GOOD THINKING,GOOD PRODUCTS... Enjoy ur week ahead.
Posted on: Mon, 25 Nov 2013 05:31:16 +0000
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