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Nairaland Forum / Nairaland / General / Business / US To Overtake Saudi Arabia As Top Oil Producer (502 Views)
Nigeria Replaces Saudi Arabia As Top Crude Oil Supplier To India / US Overtakes Saudi Arabia, Russia As Largest Oil Producer / Nigeria Plans To Overtake Egypt & RSA On Economic Growth (2) (3) (4)
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US To Overtake Saudi Arabia As Top Oil Producer by deltafox(m): 2:04pm On Nov 18, 2012 |
This is a wake up call to the Overtly Corrupt & Inept Political Elite in Abuja, see attached pdf article. Continue to squabble over PIB, Resource Control and what other nonsense have you whilst the rest of the Oil Producing Nations including Angola, Ghana and even Sierra Leone are busy exploring and discovering and developing new fields / sources of fossil fuels (Crude Oil & Natural Gas). What would be the impact of the US overtaking Saudi Arabia as Top Oil Producer in 2017 /2020 or there about? Energy Security for the United States and surely a drastic fall in demand for Nigerian Crude from the USA and probably a fall in the price of crude oil in international markets. Impacts for Nigeria? Massive and multifaceted; windfall from oil sales over, less incentive to invest by the oil majors in a volatile region, the region also becomes more volatile due to the US being less bothered in security in the region, needless to go on,the negative impacts are boundless. So Cretins in Abuja, go on, keep on squabbling, stick your fingers as far up your xxxxx as you can and dig further and stick your heads in the sand, come on dig. Deltafox
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Re: US To Overtake Saudi Arabia As Top Oil Producer by 2baga(m): 9:14pm On Nov 18, 2012 |
1st to comment. Its not only 4 govt to work on but to think of ways of averting this economic apocalypse |
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