Monday, March 3, 2008
Kenya to Turn to Venezuela for Cheaper Oil Imports
Kenya is considering alternative cheaper oil sources to save the sector from collapse owing to escalating local fuel prices, occasioned by sky-rocketing world crude oil prices. Energy minister, Mr. Kiraitu Murungi, revealed last week South American countries, key among them Venezuela, could be the next destination for the country's oil requirements.
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It's in the very nature of capitalism that there are middlemen. And that middlemen price-gouge whenever they can. To expect otherwise is to as much as wish vultures to not sit in trees eyeing their dinner.
ReplyDeleteThe only hope for the masses of the "Third" World is to throw off the capitalist order and to embrace world socialism. Religion certainly won't get you to world peace.