Showing posts with label Earn Income from Home. Show all posts
Showing posts with label Earn Income from Home. Show all posts

Monday, August 12, 2013

Gas Prices : How Real is the Damage??

Its The psychological Impact that may hurt us the most!!!!!

Only When a gallon far exceeds $4 do " You Really start to feel the Pain" !

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Gasoline prices in the U.S. have jumped .50C a gallon, to an average $3.65 cents a gallon this year,and in much of the country its tough to fill up even a small car for less than $50.00 . This increase has pushed the issue to the front of the Political debate, but how much do gas prices really affect a $15 Trillion economy? The Short answer:  Quite a bit, thought probably less thatn we imagine

Thats because buying gas is unlike any other purchase. its sold only in Stores ( Gas Stations ) who primary purpose is selling gasoline, Even when gas is cheap, we're well aware of the cost because we see the pennies spinning by on the pump, These days they are spinning Faster and faster, 
Gas prices , could possibly average over $4 a gallon Nationwide , Hawaii is already over that mark and are $5 a gallon on the outer islands... In other Countries its much much higher $7 to $10 a gallon 

How will this affect the US Economy???
Credit Suisse  estimates that each 1cent uptick in a gallon of gas redirects $1 Billion of consumer spending away from other goods over the course of the year.  Retail Sales in 2012 totalled $4.8 Trillion;
so a .50 cent jump would siphon away more then 1 percent of those dollars- $50 Billion- that might otherwise have gone to Wal-Mart Stores, Gap or McDonalds. Still " we have to go well above the $4-a-gallon threshold before you really start to feel the pain

Those who have little choice but to get behind the wheel are already hurting. Most Americans Drive to work or the supermarket, and few have any reasonable alternative, Its really hard to adjust how much we dive. and the poorest Americans, for whom gas makes up a far larger share of the household budget, will be hardest hit.

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07/29/1308/05/1308/12/13 week agoyear ago
U.S.3.9153.9093.896 values are down -0.013values are down -0.069
East Coast (PADD1)3.9313.9193.908 values are down -0.011values are down -0.044
  New England (PADD1A)4.0614.0564.045 values are down -0.011values are up 0.034
  Central Atlantic (PADD1B)3.9933.9833.972 values are down -0.011values are down -0.032
  Lower Atlantic (PADD1C)3.8613.8453.834 values are down -0.011values are down -0.067
Midwest (PADD2)3.8863.8783.862 values are down -0.016values are down -0.106
Gulf Coast (PADD3)3.8453.8413.824 values are down -0.017values are down -0.032
Rocky Mountain (PADD4)3.9133.9313.930 values are down -0.001values are down -0.028
West Coast (PADD5)4.0524.0544.045 values are down -0.009values are down -0.107
  West Coast less California3.9703.9613.946 values are down -0.015values are down -0.132
  California4.1224.1334.128 values are down -0.005values are down -0.087


     What we pay for in a gallon of:

What We Pay For In A Gallon Of Regular Gasoline (June 2013) Retail Price: $3.63/gallon
What We Pay For In A Gallon Of Diesel (June 2013) Retail Price: $3.85/gallon

Friday, August 9, 2013

Fuel Price Protests In Nigeria One year Later!!!


On January 3, 2012, union and civil rights activists marched in Lagos, Nigeria, to protest the removal of petrol subsidies by the government.On January 3, 2012, union and civil rights activists marched in Lagos, Nigeria, to protest the removal of petrol subsidies by the government.
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Fuel-price protests in Nigeria: One year on
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STORY HIGHLIGHTS
  • In January 2012, Nigerians protested the removal of fuel subsidies
  • Protests united Nigerians, often divided along ethnic and religious lines, says Omoyele Sowore
  • But "Occupy Nigeria" failed to become a genuine, sustained mass movement, he argues
  • Sowore says Nigerians still hanker for their "African Spring"
Editor's note: Nigerian Omoyele Sowore is the publisher of groundbreaking New York-based African news websiteSaharaReporters.com. Follow him at @YeleSowore and@SaharaReporters.

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(CNN) -- Twelve months ago, Nigeria's President Goodluck Jonathan gave his people a bizarre New Year present: he announced the immediate removal of fuel subsidies. The controversial measure meant that, quite suddenly, citizens were to pay as much as three times the usual price for gasoline.
Nigerians were outraged. They filled the nation's streets in protest. The coalition was broad: young and old, female and male, poor and (some) rich. Their action, often spontaneous but orchestrated by labor leaders, amounted to a fierce rebuke to Jonathan's administration.
The government's unilateral decision was a recipe for new levels of extreme hardship for the poor, taxed already by low wages, ballooning unemployment, a high cost of living, shambling infrastructure -- and the Olympian greed of the elite class.
Omoyele Sowore
Omoyele Sowore
The protesters quickly adopted the banner of "Occupy Nigeria." They were animated by a global movement of activists standing up against what they saw as economic exploitation and corruption perpetrated by Western governments, often with the tacit encouragement of powerful corporations.
However, "Occupy Nigeria" was different from other "Occupy" movements. There was a good reason for this. Nigeria's activist voice had gone silent for too long. The country's streets had not felt the pounding of mass protests since the mid-90s, when a coalition of student activists, labor leaders, political activists, lawyers, doctors, academics, artisans and other civil society groups meshed into a powerful pro-democracy movement to drive the military from power.
In fact, last January's "Occupy Nigeria" protests were largely heralded and led by young people who were born in the early and mid-90s -- a generation that has come to view and use social media as its primary means of activism, social mores and political empowerment.
In January 2012, that mass movement put the bloated Nigerian government in the crosshairs. It's believed to be Nigeria's biggest ever national mass protest. Apart from its sheer size, the movement managed to endure for days and weeks. And, in some ways, it set some impressive, unthinkable marks.
For instance, some considered it unimaginable that Nigerians (often portrayed as too "happy," too timid and cowardly, too polarized along ethno-religious lines) would unite behind a common cause. Also, it was unthinkable that a mass uprising would start from the nation's capital of Abuja, considered a fortress of the ruling interests. Yet, an intrepid former legislator, Dino Melaye, sparked the protests with a petition drive that ignited a nationwide uprising.
In a country factionalized along ethnic and religious lines, the movement defied all odds.
Omoyele Sowore
In a country factionalized along ethnic and religious lines, the movement defied all odds. In Lagos, for example, a radical fiery Christian preacher, Tunde Bakare of the Save Nigeria Group, anchored the protests. In Kaduna, the protests were led by Shehu Sani, a veteran activist and Muslim of the Civil Rights Congress. His religious faith didn't faze young Christian protesters determined to fight for their rights.
In some parts of the country, the protests seemed far less organized. It was difficult to determine who was in charge in of them.
There was also another novel aspect of the movement. Nigerians across the world also joined the protests to a degree never-before seen. In rally after rally, in the United States, the United Kingdom, Europe and Asia, they made their voices heard.
In New York City, Nigerians staged four different actions. The most dramatic was a showdown with a Nigerian minister sent by the Jonathan administration to calm the tempers of Nigerians who felt justifiably insulted by the ill-advised removal of oil subsidies. Her so-called "Town Hall" meeting at a five-star hotel in Manhattan was effectively shut down, and the minister disgraced.
Understanding Nigeria's fuel protest
Nigerian protestor: 'I'm ready to die'
Nigeria unions urge strike over fuel
Nigerians in Australia, Toronto, South Africa, London, Sweden and Accra, Ghana, were soon protesting at the country's embassies demanding change.
But the biggest surprise was the protest movement's peaceful nature, especially at a time when the nation was gripped by violent militant groups and armed criminal gangs.
Despite provocation by the security agencies and police, the protests were mostly civil and peaceful. The only deaths and injuries recorded in Ilorin, Lagos, Kano, Abuja and Kaduna were reportedly inflicted by the police and soldiers unleashed on hapless citizens.
But a year later, it's difficult to argue that the movement achieved its goal. For its size, its failure to compel any serious measures to curb the culture of impunity and corruption in Nigeria is significant.
So, what went wrong? Why did the movement crumble in its cradle?
These questions perplexed several traditional activist groups and NGOs who were busy attending meetings with the government to seek an amicable resolution to the crisis.
One major reason for the quick collapse was the movement's lack of a central command structure. To some extent, it was a leaderless, but not rudderless affair.
As the publisher of SaharaReporters, I witnessed the crystallization of a citizen journalist movement. Many citizens wrote and posted reports of the mass protests. They didn't wait around for their stories to be told in distorting sound bites by the foreign media or twisted by a mostly compromised local media. These citizen reporters sent photos, videos and texts. They tweeted, texted and analyzed every minute of the struggle from all over the country and the world, bringing the integrity of their witness to bear. SaharaReporters kept up its side of the bargain; we published the "field" reports in a timely manner.
It is clear that "Occupy Nigeria" failed to metamorphose into a genuine, sustained mass movement. 
Omoyele Sowore
For a moment, many Nigerians hoped that the "Occupy" movement would transition into the first sub-Saharan African Spring (or Harmattan).
A year later, the conclusion is sobering. It is clear that "Occupy Nigeria" failed to metamorphose into a genuine, sustained mass movement.
The central labor unions that were initially trusted to lead the movement capitulated quickly under the weight of accusations that they were conniving to overthrow the government. The Nigerian army, notorious for its legacy of intervening to protect the country's corrupt status quo, was deployed to quell the protests.
On the bright side, the Nigerian people, especially the younger generation, got a taste of people power. I have no doubt that they can -- and will -- exercise that power again.
Few as they were, some immediate gains testified to the power of the mass uprising. After two national addresses, a brow-beaten President Goodluck Jonathan rolled back fuel prices and reinstated some fuel subsidy. And he made a commitment -- far from realized -- to identify and punish profiteers from fuel subsidy scams.
For Nigerians, one lesson is that they possess a latent power capable of bringing change -- if only the people will it.
There are also important lessons about opportunists and saboteurs. It wasn't hard to see their trails during and after the mass protests. The protests had hardly died down when some of the labor leaders found their way into plush government committees. Others formed themselves into "stakeholders" and began earnestly to jostle for government patronage even as the issues that sparked the protests had not been addressed.
Even so, I believe the awareness created about the pervasive corruption in the oil sector made a difference. But it was not the issue. After all, Nigerians already knew government officials and their corporate accomplices were stealing. "Occupy Nigeria" simply washed the carcass of the whale of corruption ashore.
The eventual revelation by a parliamentary committee that a grand sum of $6.8 billion had been stolen through subsidy scams is a yet unresolved scandal. Nigerians suspect, with good reason, that their top government officials are in no hurry to unmask the gluttonous embezzlers of fuel subsidies. In fact, the impression is that the culprits, law enforcement officials, and the judges have all retired to their usual zone of criminal complicity and comfort. No one will be punished.
As the people of Nigeria still hanker for their African "Spring," the "Occupy" movement can re-emerge at any time to take Nigeria by storm.
The opinions expressed in this commentary are solely those of Omoyele Sowore.
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