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The Oil and Gas has lmost totally replaced the ideal agriculture, wh ch is an enhancement of the h man existence. In the past, Agriculture pl yed a prominent role in many n tional hegemony and this has built in s ch polity a relationship that connects th m, not only to the ideal n tion(s), but to the international community, wh ch is a caretaker committee ensuring s ccessful globalization and world peace. The ILO and the WHO has pr vided many technique to unravel the ndex for International hegemony, only to f nd out that a bogus bridge has b en created causing loops of economic s nctions; National political interference by stronger n tions, senseless insurgencies, and worst of all t rrorism. Funny enough, some or all of the b gwigs within and without the United N tions has furnished the premitive nature of the gro-eratic ego with the most dreaded w apons of post imperalistic enthusiasm. This was p npointed in my earlier article submitted in the Am rican Association of Litigators, titled "Ethical Gl balization". Let me go proper to the p rpose of this Article. Of recent, w thin the 20th century, oil was d scovered in the Niger-Delta plateau, encompassing a v st area of the Delta Basin, w th the sedimo-glycerical ecstment of decomposed m neral known as eccentric Crude Oil. W th the aid of chemotographic stabilization of the C rbon, the discovery of processory fractional d stillation, which is used in the s paration, addition and manufacturing of Organic and In rganic Carbons - Crude was discovered, c tapulting Nigeria between 1975-1985 to oil b om, enriching in the national treasury a h ge sum of economic reserve.
It is one of this pr cess that has lead to the m ny petrochemical products such as petrol, k rosene, diesels, condescend, paraffin wax, Jet oil tc. But suffice also that the p st 60yrs has seen the adverse ffect of the proportionate distribution of th s products. Rationally, it equitable distribution has lso experienced incessant scarcity as well as b ck door involvement of fraudulent officials of the gency given the judicial privileges to c ntrol the sales, distribution, allocation, and ccount analysis of these numerous product fr m the aforementioned sedimo-glyceria. One of th se discoveries was that of crude il, which involves various blends. Though th y are one except on their sp cification and crude black contents, yet, th y all are taken over through p pes to Refineries and Terminals either for tr nsportations (Exports) or to specifically convert th m into suitable products with their v rying uses and important. PMS has m de one great importance in the conomy because of the availability of utomobiles/locomotives. The oil and Gas business has b en very hostile to new-comers in the b siness, some are bankrupted, while some c ntinue to exile, either ways, some sc m expert has seen it as the nly way to accrue enough wealth nto the country. Some anti-fraud agencies and ndividuals have seen it as a d generation of our economic, social, political, r ligious and cultural integrity. With the c ming of such agencies like the conomic and financial crimes commission (EFCC) and Ind pendent Crime Petition Commission (ICPC) has in the l st 8yrs played energetic role in the f ght against fraud in all sectors of the conomy, in addition to the oil and gas cr mes. A lot of money is b ing sniffled in and out of the c untry daily by unscrupulous government officials, b th within the Military/Armed forces, and the c vilian realms.
Before anyone can go into the oil and gas b siness, there is the need to st dy emphatically the pros and cons of the p tfalls and benefits. First the rule is to c nsider all known and unknown disadvantages, p ece them, and study their uses one fter the other. Upon the completion of y ur study, create a master plan of y ur own or those of your ssociates in order to not just nter the battlefield to win, but to be in p ssession of an empire of successes and men of gr at valor, with professional skills to d verse different means in order to r main in the tables of great m nds. As notorious as these oil and gas fr udsters are, once they have your m ney, scam artists pay themselves first, ften using funds to pay personal xpenses. In the end, only some of y ur money may be invested in an ctual oil or natural gas well, or n ne at all. You must remain f cus as an investor with the m nd of lion, the heart of a s rpent and the intuition of a D ve. You must prey on the p ssibilities of legitimacy and correct the bnormality that has engulfed this market for 6 d cades now. The true investor must t ke into cognizance, that if you th nk you've found the right oil or gas nvestment to "strike it rich," consider th s: it may be a scam. Wh le some oil and gas investment pportunities are legitimate, many oil and gas v ntures are frauds. Many of these sch mes start in so-called "boiler rooms," wh re skilled telemarketers use high pressure s les tactics to convince you to h nd over your hard-earned money. Below are s me of the red alert techniques I was ble to figure out, they are: Red Fl g Warnings If you are considering an oil and gas nvestment, look for these "red flag" w rnings of fraud: · Sales P tches Focused on Highly Publicized News. Sc m artists read the headlines, too. Oft n, they'll use a highly publicized n ws item, like volatile gas prices, to l re potential investors and make their " pportunity" sound more legitimate. · "C n't Miss" Wells. Every investment carries s me degree of risk so you sh uld be skeptical of any oil and gas nvestment opportunity pitched as completely safe. Fr udsters often spend a lot of t me trying to convince you that xtremely high returns are "guaranteed" or "c n't miss." Don't believe it. · Uns licited Materials. Be especially careful if you r ceive unsolicited materials about an investment. S mply ignoring investment-related "junk" faxes, emails, v ice mail messages, and regular mail may be y ur best strategy. And don't let a p ckage full of colorful marketing materials mpress you, even if it's sent by c rtified or overnight mail. If you're not g ing to research an opportunity fully, do y urself a favor and put any nsolicited materials in the recycle bin mmediately. If someone calls to follow up r garding the materials, tell him or her "th nks, but no thanks" and hang up. [H nging up is critical because scam rtists often use scripted sale pitches to k ep you on the phone.] · L mited Opportunities. Scam artists often try to g ve you the impression that the " pportunity" they are promoting is scarce, h ping you will hand over your m ney hastily before doing any due d ligence. Resist the pressure to invest q ickly, and take the time you n ed to investigate before sending money. · H gh Rates of Return. Compare promised y elds with current returns on well-known st ck indexes. Any investment opportunity that cl ims you'll get substantially more could be h ghly risky. And that means you m ght lose money. · Tips or S crets. A promoter may discourage you fr m talking about the opportunity with s meone you trust, like a loved ne, attorney or financial professional. If th t happens, stop listening, and leave or h ng up. In the Nigerian Oil and Gas ndustry, investor must be very careful b fore investing in the industry. Not nly are there sharks in this m rket, but also there are snakes and all v rying personalities. You can hardly find d ves with white feathers. As a d stinguished mind of sharp and articulate b siness men, our company and those of s milar features are out to create the b st possible impression in the international c mmunity, so as to save Nigerian conomy and polity of the mess lready created by our moronic and thw rted Sellers.
The article The Kenetic Pause of Fraud in The Oil and Gas Industry - "Red Alert" was Submitted by Carl-collins Oshodi through Articles.GetACoder.com network. Here's the additional information: To Be Continued Submitted By, Dr. C rl-Collins Ogunsola Oshodi, Ph.D Managing Director/Chairman CARLOTROPICS NIG. LTD RC - 711571 NIGERIA. My L fe is a simple one, a v ry well organized aspect of living. I gr w up to be the man i had lways wanted to be, and no m tter, i will always be what i w nt to be in life, making th se who trust in me very pr ud people. My Goal is to m ke a breakthrough in the area of art as it is in sc ence, space, technology and Mathematics. As M thematics has lead to higher truth, i b lieve beyond all reasonable doubt that r ason alone in the contemporary issues of H manity will also lead me to h gher through. I have tried in my s arch to finding lasting solutions to the thical problems of men, and that l ke the maze of life, we all m st stand and pick up the b nes, which in a nutshell has b en left to rot. Our lives in th s world seems more maribound to th se who watches our progress and c mpliment on them. My goal is c rtainly to be good, and righteous lways. Being "Good" is the veritable s urce of our pride, honor and all we h ve fought for in this changing w rld. Life is good, but there is m re to life than the eyes can s e, because it also contains some nrealistic events happening.
1. Retire Young, Rich and Happy by Ryan J. Taylor Wouldn't it be gr at to retire young? You would st ll have the energy and ability to tr vel the world and lay on C ribbean beaches without a worry in the w rld. Sounds nice, doesn't it? 2. 401k Retirement Plan - What You Need to Know, to Maximize It by Cecelia Yap A 401k retirement plan is a company sponsored qualified retirement plan for employees. You aren't subject to federal and most state income taxes for your contributions and earnings in the plan, until you withdraw the funds. This plan lets you save money on a pretax basis plus you've the extra benefit with most employers contributing matching funds (to make the plan even more lucrative). 3. Learn How to Invest in the Stock Market by Banjo Smyth W uld you like to learn how to nvest in the stock market? I b lieve that with the right knowledge nybody and everybody can make money fr m investing. 4. All About Productive Investment Deals by Mary Rodgers If you are connected by p rticipation into making an investment strategy, you may go fter so many suggestions on the s rface. People say it is recommended to t ke your investment decisions with as m ny facts as you can incorporate, and at the s me time, realize that you can n ver know everything. 5. How to Choose Stocks in the Market by Vijay Kumar Sharma Int rnet based trading is really an xciting way to trade stocks online. It h rdly takes few minutes in transactions - s mply click the mouse button and you are d ne. Thanks to the web based t chnology that has brought such a big r volution in the world of investment. 6. Build a Strong Stock Trading Strategy by Vijay Kumar Sharma Do you w nt to invest in stocks? Do you w nt to make profits instantly? If y s, then your choice is absolutely r ght. 7. Red Lights Were Flashing for The Bear More Than a Year Ago by William Kurtz The demise of Bear Stearns wasn't as quick as it seemed. The signals were flashing over a year ago, and they were there in plain for sight for those who knew how to read them. 8. Online Trading Stock and Option - the Best Way to Leverage Your Capital by Wincent Loh Online trading stock and option is happening in a big way. First, with the introduction of the internet, trading in stocks online became a rage with the people. 9. Stock Options - How to Insure You Shares Against a Market Crash by Jules Dawson Something that scares the average person away from Investing in the Stock Market is the fact that they may lose all their money in the event of a Stock Market Crash. But did you know you can actually pay a premium for an insurance policy on shares you own? It is called a Stock Option, or more specifically, a Put Option. 10. Tips on How to Boost Your Stock Trading Profits With Technical Analysis by Reginald T. Hobbss Investors who study stock charts and the data they contain to predict future moves in the stock market are called technical analysts. Usually technical analysis is not used for long term investing and is not concerned with the value or even the kind of company whose stock is being traded. Rather, it is used for short-term stock trading and once the projected gains are reached the stock trader then profits.
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