Petrol

Why is the cost of gas soaring?

/ Adeola / 1 Comment

Adeola Aderounmu

Slowly and steadily the price of gas has increased and surprisingly it is no longer part of the BIG news. I really don’t know why the price of gas has increased to a record high in Sweden. Gas is now sold for over 12 swedish crowns (12:37) the last time I checked.

Few years ago there was a lot of concern when the prices were hitting 11+ and now that it is even worse there is almost no news about it. It seems that some people are now succeeding in raking more profits for their government or petrochemical industries. Who knows, it could be one way to save the climate. But I doubt the latter since the cost of gas has never been shown to decrease its consumption.

On the contrary people cut down on other expenses and spend the same amount of money or even more on gas when the prices are high. I surely do hope to find the answer to this nagging question in the nearest days: why is the cost of gas on the rise? I hesitated 2 weeks ago before filling the tank of my car. I actually thought the price will fall during the week but I was wrong. So I was compelled to buy gas on a monday.

Still it would be nice to know the origin of this money sucker. Is it due to something happening in the ever turbulent Middle East? What role has the deadly Nigerian Delta got to do in this persistent development? Is it OPEC? Is it some gaseous organisation turning in more profit to salvage the global economic meltdown. As consumers we surely deserved to be carried along.

Fuel Scarcity: A recurring madness

/ Adeola / 1 Comment

by Adeola Aderounmu

Nigeria is one of the world’s largest producers of crude oil. There are no petrol to use in Nigeria. Nigerians are suffering due to lack of petrol and petroleum products. In my opinion, this is probably the BIGGEST SCANDAL in the History of Man.

Think about it this way. Petrol and petroleum products are never scarce in countries that don’t produce crude oil. The worse that can happen in this non-producing countries is increase in price. I have never experienced scarcity in Sweden. The prices do go up and down according to market forces.

But in Nigeria, a country where crude oil exist naturally, the products from crude oil can be scarce or completely absent.

Nigeria has no functional refinery to produce petrol, so the indigenes largely depend on marketers who import finished petroleum products. In my entire life I don’t think I will experience any lower level of intelligence from any race of humans.

That a country that extracts crude oil imports petroleum prooducts is the most stupid thing that any one can think of. This confirms that Nigerian leaders are dumbs. They are stupid, selfish and wicked!

No sensible government has made it a priority to return the refineries to optimal production level. Turn Around Maintenance have been done on papers and no plausible results have emerged.

Because the country depend on importation, billions of dollars are lost and the economy suffers. The other implictation is that the importation has made some individuals extremely rich. They are so rich they can punish the other 140m others by their acts and decisions.

Every year, the government increase the price of petroleum products. Every year, it talks about subsidy removal, subsidy this, subsidy that.

The truth is some individuals continue to steal, loot,drain and siphon the national treasury. The outcome is that ordinary Nigerians suffer during oil boom and during oil doom.

Why are the refineries now working? When will Nigeria address the issue of making the refineries work and building more refineries so that she can stop importing what she extracts from her own soil? When will the greediness, madness and stupidity in government be halted? When will the gangsters stop fooling around and enriching themselves at the detriment of the 140m others?

No one is even talking about the other natural resources in this country. Agricultural products for export have been relegated to the background. Another reason why the economy is non-vibrant and the naira continues to suffer depreciation. Serious problems if you ask me.

Above all when will Nigerians rise up and demand good governance? We are already sending our children into internal slavery like our great grandparents who were sent to international slavery.

We need help and deliverance. From where cometh our help..Thy Glory O’ Nigeria..!