EFF Calls For Full-scale Nationalization Of The Petroleum Industry

9:40 AM · Feb 2, 2021

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Replying to @EFFSouthAfrica
Looters at it again.
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Replying to @EFFSouthAfrica
Very good idea, but will the @MYANC listen ?
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Replying to @EFFSouthAfrica
How did you allow Sasol to go waste R200 billion of investment in the US? That investment could have been better used in the country.
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Replying to @EFFSouthAfrica
Nationalization as an industrial/economic policy cannot work & shall not. Hugo Chavez attempted it in Venezuela by seizing shares in Private Oil companies with disastrous results. The intentions may be noble but as they say, the road to hell is paved with good intentions.
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So what are you saying about Saudi Arabia? Saudi Arabia owns their oils and Dubai is rated one of top 10 cities in the world. In fact price of oil is controlled by the cartels, not following so called "free market" fundamentals. Don't be fooled by capitalists.
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Replying to @EFFSouthAfrica
The future of fossil fuels in general is bleak. Renewable energy is the future that's where the focus should be. Particularly Electric vehicles, should be luring Elon Musk to invest in the production line of Tesla in South Africa.
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If Elon Musk is leaving California you must know he won't come near this country.
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Replying to @EFFSouthAfrica
What a stupid idea.
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Replying to @EFFSouthAfrica
Lena laborega laitsi😔
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Serious n gababoregile banagana statement, today rekangwala kang?🤔
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