Pages

Showing posts with label stockpiles. Show all posts
Showing posts with label stockpiles. Show all posts

Tuesday, August 30, 2022

With hundreds of thousands of sacks of sugar in warehouses, is there really a shortage?

It is more fun criticizing




Thanks to the surgical fact finding by the OP we found out that there is a huge stockpile of sugar in various warehouses in the country.

What do you call this?  Isnt this hoarding?  Is this good?  Creating shortage amidst plenty.  The Universe wants us to have plenty.   God provides for all  Why are our fellowmen making things hard for the rest of the population.  They cant take this with them when they die

Do we call that hoarding, or that we are being fed with lies with regards to sugar supplies.   There must be some money being made in importation and hiding the true state of sugar supplies in the country.

It does not give a good name for businessmen who can be viewed as profiteers and feeding on the woes of others.  

It does not give justice to sugar planers and workers too

We can do better with regards to sugar supplies and prices


Saturday, March 5, 2022

Setting up Strategic Oil Reserves

It is more fun criticizing


Rather than talking about subsidy to drivers and other oil users, the DOE should have focussed on

    1.  Setting up renewable source  of energy.
    2.  Strategic stockpiles for fossil fuel
    3.  More oil exploration

We should not be in this situation where oil becomes expensive because we depend on foreign sellers had we hang on to Sabah which is the source of oil might of Malaysia.  This post is happy that a foreign court is forcing Malaysia to pay rent to Sultan of Sulu and/or share oil revenues.

Maybe we do not have money to set  storage facility/tank farm,  or buy oil which was very cheap two years ago.   China is always on the look out for sources of commodities like oil.  It keeps on buying oil companies or maybe crude.  It lends to LDC countries rich in oil production.  We can do that now?  Anyway we are on debt splurge?

Or the BSP can simply lend to the treasury and the country buys foreign exchange to buy oil at cheap
prices then?


                                                                            Japan Stockpiles