GUN VIOLENCE IN AMERICA: FOR WHO THE BELL TOLLS NEXT.

Just five people shy of Sandy Hook elementary school mass shooting incident that claimed 26 lives, the Uvalde Texas Robb elementary school mass shooting at 21 victims, now ranks among the highest grossing gun carnage in America. It is sad that such frequent blood spilling has tragically become part of our culture as a society. May the souls of the killed now rest.

25th AMENDMENT: ITS NOW ALL CRICKET.

Madam Speaker Nancy Pelosi once questioned former President Donald John Trump's fitness to remain in office due to what she claimed was his declining mental capacity. Does anyone know what Madam Speaker presently thinks about the incontrovertible case which America is now saddled with? Just curious!

WHO WILL REBUILD UKRAINE?

The West should convert frozen Russian assets, both state's and oligarchs' owned, into a full seizure and set them aside for the future rebuilding of Ukraine. Like the Marshal Plan, call it the Putin Plan.

A HERO IS BORN.

I am staying put. I will not run away and abandon my people. The fight is here in Ukraine. What I need are weapons and ammunitions, not a ride out of town like former Afghanistan President Ashraf Ghani - President Volodymyr Zelensky.

IT IS WHAT IT IS.

"There is too much hate in America because there is too much anger in America." - Trevor Noah.

WORD!

A life without challenges is not a life lived at all. A life lived is a life that has problems, confronts problems, solves problems and then learns from problems. - Tunde Fashola.

NOW, YOU KNOW.

When fishing for love, bait with your heart and not your brain, because you cannot rationalize love. - Mark Twain.

JUST THE FACT.

In our country, you can shoot and kill a nigger, but you better not hurt a gay person’s feelings - Dave Chappelle

DO YOU?.

“What you believe in can only be defined by what you’re willing to risk for it." - Stuart Scheller.

HEDGE YOUR CRISIS.

Never get in bed with a woman whose problems are worse than yours. - Chicago PD.

PROBLEM SOLVED.

'The best way to keep peace is to be ready to destroy evil. If you Pearl Harbor me, I Nagasaki you.' - Ted Nugent.

OUR SHARED HUMANITY.

Empathy is at the heart of who we are as human beings. - Cardinal Matthew Kukah.

WORDS ON MARBLE.

"Birth is agony. Life is hard. Death is cruel." - Japanese pithy.

REPENT OR PERISH - POPE.

Homosexuality is a sin. It is not ordained by God, therefore same sex marriage cannot be blessed by the church - Pope Francis.

CANCEL CULTURE IS CORROSIVE.


FOR SAKE OF COUNTRY.


MAGA LIVES ON: NO RETREAT, NO SURRENDER!

TWITTER IS BORING WITHOUT HIS TWEETS. #RestorePresidentTrump'sTwitterHandle.


WORD.

"If you cannot speak the truth when it matters, then nothing else you says matters.” - Tucker Carlson.

#MeToo MOVEMENT: A BAD NEWS GONE CRAZY.

"To all the women who testified, we may have different truth, but I have a great remorse for all of you. I have great remorse for all of the men and women going through this crisis right now in our country. You know, the movement started basically with me, and I think what happened, you know, I was the first example, and now there are thousands of men who are being accused and a regeneration of things that I think none of us understood. I’m not going to say these aren’t great people. I had wonderful times with these people. I’m just genuinely confused. Men are confused about this issue. We are going through this #MeToo movement crisis right now in this country." - Harvey Weinstein.


RON DELLUMS: UNAPOLOGETICALLY RADICAL.

"If it’s radical to oppose the insanity and cruelty of the Vietnam War, if it’s radical to oppose racism and sexism and all other forms of oppression, if it’s radical to want to alleviate poverty, hunger, disease, homelessness, and other forms of human misery, then I’m proud to be called a radical.” - Ron Vernie Dellums.


WHAT REALLY MATTERS IN LIFE - STEVE JOBS

“I reached the pinnacle of success in the business world. In others’ eyes, my life is an epitome of success. However, aside from work, I have little joy. Non-stop pursuing of wealth will only turn a person into a twisted being, just like me. God gave us the senses to let us feel the love in everyone’s heart, not the illusions brought about by wealth. Memories precipitated by love is the only true riches which will follow you, accompany you, giving you strength and light to go on. The most expensive bed in the world is the sick bed. You can employ someone to drive the car for you, make money for you but you cannot have someone to bear sickness for you. Material things lost can be found. But there is one thing that can never be found when it is lost – Life. Treasure Love for your family, love for your spouse, love for your friends. Treat yourself well. Cherish others.” - SJ

EVIL CANNOT BE TRULY DESTROYED.

"The threat of evil is ever present. We can contain it as long as we stay vigilant, but it can never truly be destroyed. - Lorraine Warren (Annabelle, the movie)


ONLY THE POOR WISH THEY HAD STUFF?

“I’m not that interested in material things. As long as I find a good bed that I can sleep in, that’s enough.” - Nicolas Berggruem, the homeless billionaire.

Showing posts with label oil war favors consumers. Show all posts
Showing posts with label oil war favors consumers. Show all posts

Tuesday, December 16, 2014

NIGERIA CAUGHT IN THE WEB OF INTERNATIONAL POLITICS?

Icheoku says world oil price plummeted further today, to a  new low of $55 per a barrel. Today's price is the lowest the gluey substance has been in recent years. It dose-dived from its high peak of $110 just a few weeks ago to the new half-off price and there is no sign in the horizon that OPEC would ever see a new price rocket, not anytime soon? There is even speculation among financial analysts and oil traders that before Christmas, just nine short days hence, that the world might see oil price forced down below $40 per barrel and Icheoku asks what would Nigeria, a country whose 94% of foreign exchange earner is oil-based, do? If nothing else adequately explains the dark gathering clouds, lets say it is simply ominous. The economies of these OPEC countries particularly those with no other solid industrial base to help cushion the effect of this oil price bottom-drop, will seriously  take a hit. 

Anyway it is international politics and as always when two elephants fight, the little shrubs suffer; so caught in the crossfire of the turf war over Ukraine between the United States cobbled Western powers and Vladimir Putin led Russia, other little flies in the oil producing business like Nigeria, Venezuela and Iran are now partaking in the bitter meal prepared for Russia. An oil price smack-down attack primarily targeted at Russia to force them on their knees and eventually make them vomit the swallowed Ukrainian city of Crimea as well as stop their meddlesome interloping in eastern Ukraine, is now affecting these other countries. It is the unintended consequences of Washington DC concert with Riyadh against Kremlin or what Collin Powell would rightly call collateral damage in a warfare. 

So Icheoku wants to know what a country like Nigeria, which had made provisions in their economy based on the high $110 oil price, would do now that their foreign exchange earner is selling half their original budgeting estimate? Where do they plan to find the balance or are they going to cut down on services and capital developments to fit into their new reality. Anyway, Iran, Venezuela as well as emerging new oil sheiks of America, who found fracking the new money spinner, are now licking their wounds because of the multi billion dollar investments they have made so far in the fracking industry. The Americans, projecting to overtake Saudi Arabia as world's largest oil producer within the next few years, are now wondering what hit them and contemplating the next step forward, having seen their golden goose now laying silver eggs instead, due primarily to one country's machination? 

Icheoku says the world now know why the Kingdom of Saud is a very important player in world oil politics, such that whenever they sneeze, the world oil supply and price catches either cold or fire, depending on their intended objective. A small country with a population of less than seventeen million people, controlling more than 69% of the total proven oil reserve in the world, is one heck of a big player in the manipulation of oil supply and price. The only good news out of this is that for the first time in nearly twelve years, Americans are now beginning to see pump gasoline price go below $2 ($1.89)per gallon from the very high of $6 per gallon at its peak.  Icheoku says like a fat kid loves cake, we are loving it, the fact of this new gasoline pump price. It is one man's loss which spells gain in another man's wallet and as a consumer, Icheoku is loving the price war.

We also pray that, like the biblical Pharaoh struck deaf, that Putin never listens nor hears that oil price is going down the toilet alongside his Rouble currency which has lost half its value so far; and may Saudi Arabia continue to stick it to OPEC and may their almighty oil go as low as $7 per barrel for all Icheoku cares. Possibly with the Nigeria situation, a useless oil might help quell the ever restive Niger Delta original terrorists? Icheoku asks who would not want to fill his tank with less than $20 from the high eighties we paid before the current bonanza, for crying out loud. As for all those country who rely solely for their foreign exchange earner, on the volatile oil, which unfortunately they do not have control over, Icheoku says may be it is about time they put on their thinking cap and figure out how to live a life without the black liquid.