Stupid politicians. My country relies on crude oil sales to finance 70% of its budget.

[@ I hope you're right, nuclear is the way to go over wind and solar. You would have to pave the world over with solar panels for it to make a meaningful difference. Nuclear is moving very slow because of inviromental concerns. The plants in France work very well. But oil will be with us into the future and there's still plenty of it.

@Picklebobble2 Our politicians don't even care. In 2013 we were amearning about $100 per barrel of crude oil sold and the prices dropped dangerously low to about $26 by 2015. Coincidentally, our Presidential elections were in 2015. Our economy has been in a recession since then. Instead if politicians to say the truth and actually get to work, the opposition is busy blaming the recession on the new President's 'incompetence'. $1 used to exchange for N150 but it got so bad that it exchanged for N525. Investors had to leave. Sometimes I winder if democracy isn't right for us

Finland (i think) has already banned petrol and diesel. Sweden has gone almost entirely electric in it's transport. I know they are far smaller countries with tiny populations by comparison even to the UK. But if they can make it work....

@rickfreeman15 Do you guys control your own oil production or is it through foreign companies ?

@Picklebobble2 Let me tell you where it all gets worse. We import petrol. We don't have a single working refinery in the whole country. We export crude oil and import petrol. And there are oil companies like Mobil, shell, etc operating here but the government owns about 60% shares in each.

@Picklebobble2 More power to them, but electricity doesn't come out of the sky. In the US 50% of the electricity comes from coal of natural gas. Hydro is about 30%, some from nuclear and about 3% from wind and solar.

@rickfreeman15 So the foreign companies get the rights to drill with the country making whatever their slice of the share price is worth.
Which probably means the government is skimming off the top !
Can't believe you have to IMPORT petrol !!
That's ridiculous !
If they set up a couple of refineries you'd be so much better off !!

@Picklebobble2 its all just politics and corruption. There was an issue of a government official selling an oil bloc worth $500 bn for just $1.1bn or something like that. Don't really understand the details. The 'Malabu oil deal' or something is what its called.. Its a really big one, I think the CEO of Shell Nigeria had to resign because of it. A lot of foreign investigators are on the case right now.

@jackson55 Business ! Coal producers are losing out worldwide and have been for a long time !
Christ ! Thatcher closed ALL our coal mines back in the 80'S !!!
I wonder how much the coal companies contribute to Mr.T and the Democrats too probably, just to keep their industry live ??

China takes almost all of the excess coal the US can produce. I agree with you, I think nuclear is the way to go but it's very slow moving in the US. Hydro is good too, but there hasn't been a major dam built in the US since 1969. So for the foreseeable future here it's coal and gas. Obama tried his best to kill the coal industry to promote wind and solar. And if there weren't the subsidies the green business wouldn't exist. It costs too much for the little return.