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Our focus on the scoop in the episode is as follows
These are some of the topics I think are relevant and topical;
- Globally $3.5 trillion in projects in Oil & Gas sector
- Nigeria on the Brink, the country’s production is so low (at 1.5 million b/d in Q1) that it is barely able to cover the cost of imported petrol
- Nigeria lost an estimated US$4.5 billion in 2020 due to petroleum pipeline vandalism and crude oil theft
- Sub Saharan Africa only $265 Bn investment, what about renewables?
- What Drives Gasoline Prices?
- Crude oil prices (54%), Refining costs (14%), Taxes (16%), Distribution, and marketing costs (16%)
JP Morgan says $175 per barrel by year end
- World Energy Crisis
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