Sunday, June 29, 2014

Nigerian Oil Exports Falling


"The rapidly increasing Nigeria’s domestic energy demand combined with an inability to boost output is cutting into the OPEC member’s crude oil that is available for exports."
Rising population (swiftly rising) and falling production means exports eventually hit zero.


eah said...

Talk about bad news ... what else does that country have going for it? Except maybe email scams.

James said...

Except maybe email scams.

"Faced with declining oil exports, Nigeria embraces the information economy."