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Dangote Refinery: Petrol Prices Unlikely To Drop – Experts - Politics (7) - Nairaland

Nairaland Forum › Nairaland General › Politics › Dangote Refinery: Petrol Prices Unlikely To Drop – Experts (22063 Views)

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Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by blueAgent(m): 11:03am On Oct 02, 2024
EMILO2STAY:
you dey talk nonsense
So what do they use the money 4?
Do they dash you the money?
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by EMILO2STAY(m): 12:32pm On Oct 02, 2024
blueAgent:
So what do they use the money 4?
Do they dash you the money?
mtchww
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by EMILO2STAY(m): 12:37pm On Oct 02, 2024
blueAgent:
They set the least basic price, required to recover there costs, the rest is influenced by market forces.
lol, you just admitted the same thing you disbelieved. Funny man. You don debunk yourself
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by blueAgent(m): 5:56am On Oct 03, 2024
EMILO2STAY:
lol, you just admitted the same thing you disbelieved. Funny man. You don debunk yourself
You are really naive.
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by EMILO2STAY(m): 12:18pm On Oct 03, 2024
blueAgent:
You are really naive.
lol , I don't need to call you naive, you showed it that you are not only naive But ignorant
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by blueAgent(m):
EMILO2STAY:
lol , I don't need to call you naive, you showed it that you are not only naive But ignorant
You sound like a Kid, at your age you don't know what's is market forces, demand and supply.
At your age, you have not heard Of platts indices and LME.

Your response has given you away, as someone that is not bright or intelligent.
Am sorry to say it, but thats the truth.
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by EMILO2STAY(m): 10:25am On Oct 04, 2024
blueAgent:
Yiu sound like a Kid, at your age you don't know what's is market forces, demand and supply.
At your age, you have not heard Of platts indices and LME.

Your response has given you away, as someone that is not bright or intelligent.
Am sorry to say it, but thats the truth.
abeg talk rubbish commit. You think sounding eloquent makes you intelligent? You are the one whom your response gave away as a talkative who cannot even comprehend his own words, Contradicting your own self and living a lie.
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by blueAgent(m): 2:37pm On Oct 04, 2024
EMILO2STAY:
abeg talk rubbish commit. You think sounding eloquent makes you intelligent? You are the one whom your response gave away as a talkative who cannot even comprehend his own words, Contradicting your own self and living a lie.
How did I contradict myself?
Please explain.
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by EMILO2STAY(m): 4:02pm On Oct 04, 2024
blueAgent:
How did I contradict myself?
Please explain.
read your your own statements. You said the IOCs spend billions of dollars to get crude that is the reason why fuel price goes up. Yet say they don't determine the fuel prices and yet again say they set the price.

Read your own words Mr " I have a degree in petroleum engineering".

The things you postulate are theoretical, specs on paper. I give you reality which your theories can't match.
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by blueAgent(m): 8:21am On Oct 05, 2024
EMILO2STAY:
read your your own statements. You said the IOCs spend billions of dollars to get crude that is the reason why fuel price goes up. Yet say they don't determine the fuel prices and yet again say they set the price.

Read your own words Mr " I have a degree in petroleum engineering".

The things you postulate are theoretical, specs on paper. I give you reality which your theories can't match.
You are really dense.
This would be my last response to you.

The producer of garri and other products who fixes price for them?

The oil companies calculate the price of there projects or oil based on international prices fixed by market forces.

An oil producer might be producing and selling oil feasibly at $55 per barrel, but news of war outbreak in an oil producing nation or changes in market demand may lead to oil prices raising to $65 or above.

The market forces may cause decrease or increase in the prices of oil.
This is how commodities are sold globally.

Crude oil is sold on discounts based on prices on platts.

Metal are sold on discounts based on prices on London Metal exchange (LME).

Same with sugar,wheat,Urea,Cocoa, e.t.c

You think I lied, when I said I have a degree in petroleum engineering?
Am not naive like you, Schooling you is like tutoring a 5year old.

www.LME.com

Platts.

https://oilprice.com/oil-price-charts/

Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by EMILO2STAY(m): 5:23am On Oct 06, 2024
blueAgent:
You are really dense.
This would be my last response to you.

The producer of garri and other products who fixes price for them?

The oil companies calculate the price of there projects or oil based on international prices fixed by market forces.


If the producers of garri produce garri at a high cost will they not sell higher than usual? Somthing that is common sense you are making it complicated , abeg carry your empty head go Mr I have a degree
An oil producer might be producing and selling oil feasibly at $55 per barrel, but news of war outbreak in an oil producing nation or changes in market demand may lead to oil prices raising to $65 or above.

The market forces may cause decrease or increase in the prices of oil.
This is how commodities are sold globally.

Crude oil is sold on discounts based on prices on platts.

Metal are sold on discounts based on prices on London Metal exchange (LME).

Same with sugar,wheat,Urea,Cocoa, e.t.c

You think I lied, when I said I have a degree in petroleum engineering?
Am not naive like you, Schooling you is like tutoring a 5year old.

www.LME.com

Platts.

https://oilprice.com/oil-price-charts/
like I said, your postulations are theoretical not practical. stop wasting your time posting nonsense, non of those things you posted plays a part in Nigerias oil prices. You are the fool forming I too know when you know know nothing. I live just behind the porthacourt refinery. I see things. You are just posting nonsense that have nothing to do with reality.
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by blueAgent(m):
EMILO2STAY:
like I said, your postulations are theoretical not practical. stop wasting your time posting nonsense, non of those things you posted plays a part in Nigerias oil prices. You are the fool forming I too know when you know know nothing. I live just behind the porthacourt refinery. I see things. You are just posting nonsense that have nothing to do with reality.
Dumb brain forming intelligent.

If you were sure of yourself, you would have answered my previous questions and demonstrated how a barrel of crude can give you PMS at a price below what is feasible for the refinery to bear.

Idiot.
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by blueAgent(m): 7:28am On Oct 08, 2024
EMILO2STAY:
like I said, your postulations are theoretical not practical. stop wasting your time posting nonsense, non of those things you posted plays a part in Nigerias oil prices. You are the fool forming I too know when you know know nothing. I live just behind the porthacourt refinery. I see things. You are just posting nonsense that have nothing to do with reality.
My degree vex you? Go hug transformer.

That you don’t know, how commodity is sold and priced gave you away as a very dumb unintelligent fellow,
Come online dey for Egghead.
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by blueAgent(m): 7:31am On Oct 08, 2024
EMILO2STAY:
like I said, your postulations are theoretical not practical. stop wasting your time posting nonsense, non of those things you posted plays a part in Nigerias oil prices. You are the fool forming I too know when you know know nothing. I live just behind the porthacourt refinery. I see things. You are just posting nonsense that have nothing to do with reality.
No problem.

Go and build your own oil refinery and oil Wells and sell them to the public at 10 naria per Litre.

ZOMBIE.
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by EMILO2STAY(m): 3:06pm On Oct 08, 2024
blueAgent:
No problem.

Go and build your own oil refinery and oil Wells and sell them to the public at 10 naria per Litre.

ZOMBIE.
between us who is zombie. Your own claims cannot be defended by you all you do is postulate theories based on what you have learned. Your a kid. How many graduates posses practical knowledge?, the only evidence of knowledge is the degree. Which is nothing but paper. You I ow nothing that is why you can't defend even what you say yourself.bone entity
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by EMILO2STAY(m): 3:08pm On Oct 08, 2024
blueAgent:
My degree vex you? Go hug transformer.

That you don’t know, how commodity is sold and priced gave you away as a very dumb unintelligent fellow,
Come online dey for Egghead.
what is my business with your shit degree. I also have same, it's collectiing dust. You who know how it is sold and priced cannot defend what you know about it when asked a question with respect to reality. Dumb kid. E be like say you just they graduate from school. Mumu
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by EMILO2STAY(m): 3:15pm On Oct 08, 2024
blueAgent:
Dumb brain forming intelligent.

If you were sure of yourself, you would have answered my previous questions and demonstrated how a barrel of crude can give you PMS at a price below what is feasible for the refinery to bear.

Idiot.
I answered all your questions idiot. You did not even attempt to answer my own based on realistic occurrence.let me ask again.
based on what you said that oil companies spent billions to extract crude which is the reason for high fuel price. Pls explain how these billions spent cause fuel to go from 550 per liter late last year to 600-700-800 -1200-1400 and bow back to 1200 . Pls explain and tell how much did the oil companies spend to make fuel sky rocket and then moved down again. Did they spend much then and later spent less again!

Also explain how diesel is still stable and even gas. Is this diesel not gotten from the crude also? Oh I forgot to mention kerosene. Because that one people have forgotten about it since the price is not shooting up like fuel. Maybe they spent just few hundreds of dollars to extract it from the ground because it's not coming from lol. Mumu man!!..
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by blueAgent(m): 8:46pm On Oct 08, 2024
EMILO2STAY:
I answered all your questions idiot. You did not even attempt to answer my own based on realistic occurrence.let me ask again.
based on what you said that oil companies spent billions to extract crude which is the reason for high fuel price. Pls explain how these billions spent cause fuel to go from 550 per liter late last year to 600-700-800 -1200-1400 and bow back to 1200 . Pls explain and tell how much did the oil companies spend to make fuel sky rocket and then moved down again. Did they spend much then and later spent less again!

Also explain how diesel is still stable and even gas. Is this diesel not gotten from the crude also? Oh I forgot to mention kerosene. Because that one people have forgotten about it since the price is not shooting up like fuel. Maybe they spent just few hundreds of dollars to extract it from the ground because it's not coming from lol. Mumu man!!..
You are a very big foolish liar.

Which questions did you answer? You joined an argument, whose topic is too big for your small brain to comprehend.

I asked you, how many gallons make a barrel of crude oil and how many gallons of gasoline is gotten from crude oil, I aslo asked you about there cost, Refinery cost and profit margins, all this would prove tout argument.

You never answered any of this questions.

Bloody Liar.

I done with this argument, your brain is too low to comprehend this topic.

ZOMBIE
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by blueAgent(m): 8:47pm On Oct 08, 2024
EMILO2STAY:
what is my business with your shit degree. I also have same, it's collectiing dust. You who know how it is sold and priced cannot defend what you know about it when asked a question with respect to reality. Dumb kid. E be like say you just they graduate from school. Mumu
You lied, a dumb rock like you have no degree.

Stop fooling yourself, your intelligence is not more than that of hen.
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by blueAgent(m):
EMILO2STAY:
between us who is zombie. Your own claims cannot be defended by you all you do is postulate theories based on what you have learned. Your a kid. How many graduates posses practical knowledge?, the only evidence of knowledge is the degree. Which is nothing but paper. You I ow nothing that is why you can't defend even what you say yourself.bone entity
You are the biggest Fool I have ever seen.

Go and build your oil refinery and oil well and sell fuel below 100naria.

Ingnorant BUFFOON
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by EMILO2STAY(m): 9:38pm On Oct 08, 2024
blueAgent:
You are the biggest Fool I have ever seen.

Go and bulls your oil refinery and oil well, and sell fuel below 100naria.

Ingnorant BUFFOON
that's only what you can offer, mr I have a degree mumu man. Next time come argue wetin you no know.
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by EMILO2STAY(m): 9:41pm On Oct 08, 2024
blueAgent:
You lied, a dumb rock like you have no degree.

Stop fooling yourself, your intelligence is not more than that of hen.
lol even Keke boys and some bike men have a degree. Maybe it's a new thing to you. Village man next time come argue , I see I poked ola home in your inflated and ego . Dumb mofo forming educated
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by EMILO2STAY(m): 9:51pm On Oct 08, 2024
blueAgent:
You are a very big foolish liar.

Which questions did you answer? You joined an argument, whose topic is too big for your small brain to comprehend.

I asked you, how many gallons make a barrel of crude oil and how many gallons of gasoline is gotten from crude oil, I aslo asked you about there cost, Refinery cost and profit margins, all this would prove tout argument.

You never answered any of this questions.

Bloody Liar.

I done with this argument, your brain is too low to comprehend this topic.

ZOMBIE
your asking very stupid and irrelevant questions, am I the IOCs to tell you the amount of fuel they produce,, even the oil coys are not honest about the volume of crude taken from the country but you want me to tell you , fool. I asked you a question based on what you said. Yet could not even attempt to answer because non of your stupid postulations matches reality on ground.

You just rushed into arguments thinking you can vomit the theoretical knowledge so you form I sabi , when you r simply fooling yourself.
Like I said next time rush enter argument again ode. When you have nothing to say again for defence that's when you enter into insulting.
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by blueAgent(m): 10:16pm On Oct 08, 2024
EMILO2STAY:
your asking very stupid and irrelevant questions, am I the IOCs to tell you the amount of fuel they produce,, even the oil coys are not honest about the volume of crude taken from the country but you want me to tell you , fool. I asked you a question based on what you said. Yet could not even attempt to answer because non of your stupid postulations matches reality on ground.

You just rushed into arguments thinking you can vomit the theoretical knowledge so you form I sabi , when you r simply fooling yourself.
Like I said next time rush enter argument again ode. When you have nothing to say again for defence that's when you enter into insulting.
You are a very big Fool.

Ordinary comprehension you cannot.

Are u sure you want to school?

Bla bla bla.
Look at the jargon you are saying.

You think oil industry is your POS business?
Illiterate.
Stop punching above your weight.

U are too dense, to hold a meanful conversation.

Village Boy.
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by blueAgent(m): 10:20pm On Oct 08, 2024
EMILO2STAY:
lol even Keke boys and some bike men have a degree. Maybe it's a new thing to you. Village man next time come argue , I see I poked ola home in your inflated and ego . Dumb mofo forming educated
Ok
Now you are talking, illiterate

No wonder you sound Moronic, you drive KEKE.

And probably have only primary school attempted.
It's not my fault,

ZOMBIE.

your greatest problem is not Ingnorance. But it's been Ingnorant, stupid,proud and naive.

Too bad.
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by blueAgent(m): 10:23pm On Oct 08, 2024
EMILO2STAY:
that's only what you can offer, mr I have a degree mumu man. Next time come argue wetin you no know.
If E dey pain you Die.

I dey one of the Shell gas plant Location they flex my life.

If E pain Hug transformer.

Mind you, I only mentioned my degree to prove my knowledge or competence in this topic, it was never intended as a means to boast.

That's why I never mentioned it earlier, till the topic was stretched by your Ingnorance.
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by EMILO2STAY(m): 4:49pm On Oct 09, 2024
blueAgent:
If E dey pain you Die.

I dey one of the Shell gas plant Location they flex my life.

If E pain Hug transformer.

Mind you, I only mentioned my degree to prove my knowledge or competence in this topic, it was never intended as a means to boast.

That's why I never mentioned it earlier, till the topic was stretched by your Ingnorance.
mumu this is the only thing you can produce from your degree. You know nothing about petroleum industry
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by EMILO2STAY(m): 4:50pm On Oct 09, 2024
blueAgent:
Ok
Now you are talking, illiterate

No wonder you sound Moronic, you drive KEKE.

And probably have only primary school attempted.
It's not my fault,

ZOMBIE.

your greatest problem is not Ingnorance. But it's been Ingnorant, stupid,proud and naive.

Too bad.
mumu this is the only thing you can produce from your degree. You know nothing about petroleum industry. Next time see me I. Thread and come to argue. Fool
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by EMILO2STAY(m): 4:52pm On Oct 09, 2024
blueAgent:
You are a very big Fool.

Ordinary comprehension you cannot.

Are u sure you want to school?

Bla bla bla.
Look at the jargon you are saying.

You think oil industry is your POS business?
Illiterate.
Stop punching above your weight.

U are too dense, to hold a meanful conversation.

Village Boy.
lol to explain the same thing you believe based on what your degree says is too difficult for you. You just exposed yourself. You can't handle meaningful and straight to the point argument, that is why you resort to insult. Lol, little kid want to flaunt educational degree for me wey don finish school over ten years ago idiot..
Re: Dangote Refinery: Petrol Prices Unlikely To Drop – Experts by EMILO2STAY(m): 10:00am On Oct 10, 2024
blueAgent:
If E dey pain you Die.

I dey one of the Shell gas plant Location they flex my life.

If E pain Hug transformer.

Mind you, I only mentioned my degree to prove my knowledge or competence in this topic, it was never intended as a means to boast.

That's why I never mentioned it earlier, till the topic was stretched by your Ingnorance.
are you tired? Telling me u are flexing is childish, like I told you before I stay just beside portharcourt refinery with 247 electricity free, constantly under a.c doing whatever I want. I don't even consider it flexing or what ever mumu village boy. Telling me you have a degree in just trying to force me to believe the bulshit you've been vomiting. See your mouth like the oil companies spend billions to extract crude that is why fuel price is going up,.. mumu kid.

Nnpc just recently increased the price of fuel again can you relat that to the bulshit you've been spitting? Idiot want to educate his elder.

Dangote refinery is having monopoly again over fuel price, when we have dormant refineries the government does not want to refine fuel for Nigerians the same dangote that took loans from foreign agencies, of which over 70% of his refinery is owned by foreign body and that's why many refineries abroad closed down.
I give you the real truth instead you came here talking rubbish thinking your making sense. Foolish child
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