Monday, July 18, 2011

Only the price of a barrel can make a difference


Finally, one of the factors determining the conversion of our society "all oil" to another, the price of oil. By itself it synthesizes the voltage on the supply and demand, speculation in financial markets and oil companies, depletion, etc.. And it is clear that the era of cheap oil is over ... The following chart, which shows the change in the price of a barrel of oil (almost in real time ...) is quite revealing ...

After passing the $ 145 in July 2008, the price per barrel is gradually decreased to a more "natural" for this period (110-120 dollars if you follow the trend observed in recent years). It is likely that cepdendant continues to rise, with occasional oscillations (increases or decreases on fast enough). 

The financial crisis of autumn 2008, with his fears - probably justified - a recession for months (years? ) coming also pushes the price of oil. The consequence of a recession is a probable reduction in world consumption, the price per barrel unscrews so comparable to the indices ... After the strong artificial increase comes the sharp decline ... 
These are the same speculative reasons that explain the increases and excessive declines in the price of a barrel of oil ... This trend will reverse anyway in the coming months: in fact, it's not the price per barrel decline that is the amplitude of the oscillations increases ... This is a consequence of capitalism outrageous that lives only in (to) speculation. We hope that the current crisis makes it possible to do the cleaning in our parody of the economic system, and start on a sound basis (we can dream ...). Meanwhile, no change in the system is to be expected a gradual increase in oil prices, punctuated with jolts of high amplitude ...

Ultimately, it is likely that the price of oil caps, depending on various parameters including the volume of consumption and depletion of reserves: reserves are depleted, which imply higher prices and increased prices resulted in lower consumption ... A drop in consumption leads to lower prices ... 
very clever one that comes to anticipate the level of the ceiling, you can read anything and everything about it (proof that the economy n ' is not a science but an insignificant bunch of Game Statistics, which only serves to manipulate the markets ...). In this context, I can tell myself that the numbers are less reliable than others (they are based on a rule of thumb analysis of the statistical results of a scientific experiment of throwing darts), "ultimately, the price of a barrel of Oil will stabilize at a level 150 to $ 200, with an increased likelihood around $ 180. " That's it. All this will happen between 2020 and 2100, most likely around 2040.

But you do not have to believe me ...

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