Wamefanya ile kitu

Okiya

Elder Lister
Today OPEC has announced that it will cut production by 100,000bpd, the first production cut in over a year.

What this means is that price of crude oil will rise again. Kenya shilling is weakening because of global recession.

Tuko pabaya.

 
Strange people these, this further exacerbates the recession fears, and if it becomes real even their export incomes will suffer, but hey, lets squeeze them first for all they are worth.
In a few short years these oil producers will start feeling the heat as electric mobility takes off, and all they will get from us is a middle finger
 
Strange people these, this further exacerbates the recession fears, and if it becomes real even their export incomes will suffer, but hey, lets squeeze them first for all they are worth.
In a few short years these oil producers will start feeling the heat as electric mobility takes off, and all they will get from us is a middle finger
Yep and such monopolistic moves are what pushes innovation even further . Sooner or later it’s going electric . EU is serious , China too.
 
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Still not feeling the pinch.

135.3Km ÷ 27.9km/L= 4.85L

4.85L X Sh160/L = Less than Sh800 from Ol Kalou to Nairobi.
 
Strange people these, this further exacerbates the recession fears, and if it becomes real even their export incomes will suffer, but hey, lets squeeze them first for all they are worth.
In a few short years these oil producers will start feeling the heat as electric mobility takes off, and all they will get from us is a middle finger

They are "making hay while the sun shines". They are maximizing income now because you buy fossil fuel because you have to. They know you will dump them when you no longer need them.
 
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