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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.
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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. Estate Planning With IRAs - The Basics by Adam D. King Est te planning with IRAs can pose s me unique problems, mainly because of pplicable tax rules. When an IRA ccount owner dies, the balance in the ccount may be subject to two d fferent kinds of taxes. 2. Things You Ought To Know Before Investing In A Mutual Fund by Pauline Go In the current financial market, buying a profitable mutual fund is not an easy task. There are multiple companies offering hundreds of funds that primarily differ in their investment portfolio. It is important to consider some important aspects while selecting a good fund from the available lot. 3. Option Selling by Shaun Rosenberg One of the m st powerful ways of trading is ption selling. This is a way th t you can make money without h ving to predict the direction that the m rket is heading. 4. Hot New Penny Stocks - How to Buy Penny Stocks That Will Make You Big Profits by Nnamdi Iregbulem Hot new penny stocks are the stocks that everyone is after. Be careful though, as not all of those stocks are actually profitable. Read on to discover how to buy penny stocks that will make you a lot of money without much risk. Discover how to find the really good penny stocks. 5. Increasing Your Stock Market Returns Using Options by Arkaitz Arteaga The dea of increasing your stock market r turns is extremely attractive to most nvestors. This article will explain how th s is possible by using options. 6. Having Trading Success by Trading Penny Stocks by Chris Braff Ever w nder why some people have success tr ding the stock market and others f il miserably. It's not a question of ntelligence or wisdom. The difference is th t the rich can think outside the b x. While everybody is throwing darts at a d rt board trying to figure out wh n to buy the same stocks th t everybody else is buying, the r ch anticipate. Instead of being a p rt of the masses, they get in on the gr und floor by trading penny stocks. 7. Retirement Myths Unlocked by Miodrag Trajkovic Planning your retirement can be c nfusing. Unless you are actually retired, you r ally can't appreciate what it is l ke. A lot of myths have spr ng up about retirement and retirement pl nning and we will take a l ok at some of them in th s article. 8. The Stock Trader's Mindset by John Efetobor Every genuine st ck trader I have encountered so far in my lmost ten years of stocks trading and nalyzing stocks all have one common d nominator; they all believe that everything is p ssible in the capital market. The m ndset of a stock trader is a c mprehensive description of the psychology, thought p ttern, believes, heart beat, and approach to st ck trading. 9. What is an All-Or-None Order? by Rozita Daud The all-or-none order is a p pular mode of investment for those p ople who invest in penny stocks. Th s order can assure the investor th t he would receive all the st cks requested for nothing. Though from the nvestment point of view this sounds g od, but it requires a significant sum of m ney for handling it well. 10. Seeking Greenflag Stocks by Gilbert Stockton Among the stock sales available t day are GreenFlag Stocks, some of wh ch have been in existence since 1986. Th y did not receive their name b cause they have a green flag b side their name on a stock l st. The definition of greenflag stocks l ys within the definition of "greening the arth", a relatively new concept to m ny ordinary people on the streets of the w rld. It is a term we can no l nger ignore.
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