26th Quadrangular Games: Ikoyi Club Leads Medals Table

first_imgTrue to its promise of winning this year’s edition of the Quadrangular Games, host Ikoyi Club 1938 has jumped into the lead on the medals table with a total of 24 points from events concluded so far in the competition.The Quadrangular Games, a yearly event is rotated among four clubs, Ikoyi Club 1938, Lagos Lawn Tennis Club, The Apapa Club and Lagos Country Club Ikeja. Each gold medal won at the event fetches five points, silver three points and bronze one point.In badminton, out of three events competed in the seven games, Ikoyi Club captured a gold and silver medals in the Ladies Singles, while Lagos Country Club picked a bronze in the Ladies Doubles, Ikoyi Club also won a gold and silver medal leaving the bronze for Lagos country Club.It was the same result in the Mixed Doubles event where the host grabbed the silver and silver with Lagos Country Club settling for the bronze.In the men’s table tennis Singles event, Kunle Onamusi of Lagos Country Club walked over his opponent from The Apapa Club while Akeem Mustafa of Ikoyi Club beat Leke Olubola of Lagos Lawn Tennis Club 6/4, 5/7, 11/9.In the same way, Tochukwu Adino of Ikoyi Club walked over Alh Samuel Shuaibu of The Apapa Club, while Idemudia Ojiagbe of Lagos Country Club defeated Jude Osaji of Lagos Lawn Tennis Club 6/2,6/2.In the Veteran Singles (50+), Walter Eze of Ikoyi Club beats Feso Jide of Lagos Country Club 6/3,6/0, while Garry Rilwan of Lagos Lawn Tennis Club outgunned Edet Akpaso of Ikoyi Club 7/6,3/0. Victor Ogbeide of Lagos Country Club walked over his opponent from The Apapa Club same for Dapo Aboaba of Lagos Lawn Tennis Club who walked over Tony Anene of The Apapa Club.Two events were concluded late yesterday in the Billiards, Snooker and Pool out of four games. The concluded events were Billiards Open and Billiards Veteran.As at press time yesterday, Lagos Country Club had three points as against 24 points by Ikoyi Club, while The Apapa Club and Lagos Lawn Tennis Club had no point to show for their participation in the games so far.lkoyi Club was looking forward to extending its lead with the swimming events which began yesterday night.The 2017 edition of the quadrangular games is featuring ten sporting events, snooker, billiards and pool, table tennis, lawn tennis, badminton, squash, swimming, soccer, chess, scrabble and ayo. The competition will end on December 2.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

What Does This Oil Analyst Have To Say About Tesla Elon Musk

first_imgOIL ANALYST CONSIDERS THE INDUSTRY IMPACT OF ELECTRIC VEHICLES, TESLA AND THE ‘ELON MUSK EFFECT’When will rising EV sales begin to cut into global demand for oil? It sure ain’t happening yet – as we discussed in an earlier article, over the past few years, the increasing popularity of trucks and SUVs has canceled out the gas savings from EVs a thousand times over.*This article comes to us courtesy of EVANNEX (which also makes aftermarket Tesla accessories). Authored by Charles Morris. The opinions expressed in these articles are not necessarily our own at InsideEVs.Check Out These Stories: Is Big Oil Adapting To Make The Transition To Electric Cars? Big Oil Makes A New Attempt To Kill Electric Cars Above: A Tesla parked in front of oil wells (Image: Tesla Owner)However, those who earn their daily bread from hydrocarbons are far from dismissive of the long-term threat. The electric wolf may not be anywhere near the door of the house that oil built, but it can be clearly seen hungrily prowling on the horizon. These days, oil industry observers are paying close attention to the progress of Tesla and other EV-builders.One analyst who’s keeping a wary eye on the new technology is Stephen Schork, who has spent more than 25 years in the world of commodity and derivatives trading and written extensively on related subjects. Mr. Schork knows whereof he speaks, and he’s been predicting that alternatives to oil would curb demand in the long term since at least 2016..embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; }Above: Oil analyst Stephen Schork discusses the oil industry and subsequent news surrounding Tesla (Source: Fox Business)In a recent interview with Fox Business, Schork sounded, if not an alarm, at least a note of caution. Towards the end of a highly technical discussion about the outlook for oil prices, he said, “My overarching concern right now is the economic development. Tesla put 150,000 new Model 3s [on the market]. That’s 150,000 cars that don’t consume gasoline. And it’s not just Tesla – Porsche, Audi, BMW are all coming out with all-electric vehicles in 2019. So the inelasticities of demand in this market are fundamentally changing.” The moderator added that people tend to dismiss EVs until they drive one. “The torque is incredible…and it’s really a great driving experience,” she said, as Schork nodded in agreement.Mr. Schork is far from the only petro-pundit to be concerned about the electric future. Several industry execs have recently conceded that the day of peak oil demand could be upon us sooner than previously predicted, and Shell, BP and Total are hedging their bets by investing in EV charging companies. Other players are taking a more combative approach, investing in the political process to try to stop, or at least slow, the Tesla-led transport revolution..embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; }Above: Back in 2016, Oil analyst Stephen Schork was already talking about the ‘Elon Musk effect’ on the oil industry (Source: Fox Business)The dynamics of the growing EV market vis a vis oil demand are complicated, to say the least. Contrary to popular belief, there’s no clear correlation between oil prices and EV sales, which have grown every month for the past two years, even as gas prices have been at historic lows. However, there’s no doubt that cheap gas has whetted consumers’ voracious appetite for trucks and SUVs, which so far remain a mostly unelectrified segment (except, of course, Tesla’s Model X and Jaguar’s I-PACE). If global demand for oil does begin to drop, gas prices are bound to fall further – that’s how markets work. Shifting demographics also affect the equation, and political developments are a huge wild card, so, while the arc of technological change is bending slowly towards electrification, it’s anybody’s guess what the timeline is going to be.===Written by: Charles Morris*Editor’s Note: EVANNEX, which also sells aftermarket gear for Teslas, has kindly allowed us to share some of its content with our readers, free of charge. Our thanks go out to EVANNEX. Check out the site here. Source: Electric Vehicle News Former EPA Head Says Big Oil Is Peddling Misinformation About EVs Author Liberty Access TechnologiesPosted on January 9, 2019Categories Electric Vehicle Newslast_img read more