NEW OIL WELLS AND GAS IS THERE

Every day new crude oil wells are found but gas is always there yet expensive.
these has lead no doubt to availability of the raw product-the crude oil, the natural gas and the availability
of the cracked products that are most important than the crude itself. Thank GOD for the breaking down of the crude. with it has yielded more jobs in the concerned industry , provided more foods for family
 the most important basic is the kind of jobs that these oil companies are providing to the teeming populations in Africa. And for the first time OPEC has produced its first female president.
we hope to see a good thing from her.

BUILDING OF REFINERIES

The cost of building refinery could be mush running into millions if not billions of dollars
but when you consider the benefit of one then it is cheap. That black gold called crude oil
can be broken down and its distillate can produce hundred times the amount of crude oil
but African countries seems not to bother about this. they care about taping the oil and and refining it abroad
.What a shame! South Sudan is killing itself because of this  natural liquid called black gold and south Africa without this black crude has refinery and Nigeria the sixth largest oil producing nation has non
Annoying but true. they think all about the graft

BEARISH OIL

The oil market has come down and those economies depending
on this black gold are worrying more so when cars prices are bullish in the moent.
the aviation industries are just smiling to the bank.
only GOD knows what might follow this trend

BEARISH OIL

OIL AND GAS HIKE

The recent oil and gas and even disel hike has made
the economy rise from recession. The body OPEC, The organisaction
of petroleum exporting countries has made it clear that fuel will
continue to be on the increase. It made it cleare that the days of buying
cheap oil are over.

the rise of petroleum or crude oil products will in
a long way reduce recession. how this is true, the future will tell.