Energy Resources

http://www.fin24.com/Companies/Industrial/PetroSA-applies-for-Nigerian-oil-20120607

I have some seriously mixed emotions about this particular situation for the following reasons:

1. If all goes well the application by PetroSA to the NNPC will be a positive one, which will hopefully result in a rapid drop in petrol prices. The knock on effect of this will be fantastic...if all goes well of course. Lower costs for food and supplies will definitely make our lives easier. However, knowing how corrupt these types of situations can get, it will be a miracle if the prices go down at all. 
2. There is a worry that the NNCP could be as dodgy as the drug lords that parade the South Africa streets at night. 
3. If this doesn't work out, and the NNCP refuse to work with PetroSA, it will place us in a pretty crappy situation. You think the price of petrol is high now, wait until the end of June. The sanctions that have been put in place in Iran are putting more and more pressure on SA to find alternative oil resources. 

One thing is for sure, we don't need the price of petrol to go up anymore than it has. The cracks are beginning to appear and something needs to happen to make life more manageable. Why doesn't government find new and innovative ways to generate energy? What about wind powered energy, or even better how about energy obtained from the currents in the ocean. Its an idea that has been proposed for the City of Durban/eThekwini here in South Africa. Yet..this may not even see the light of day if the power hungry blood suckers like ESKOM have any say in the matter. A solution to this may be that we all stand up and strike for cleaner energy. Either that...or im gonna invest in riding a horse or a bicycle and live on a farm!