Maxe Paul

Invest Now with a Keen Eye and Be Regarded a Genius for Decades

How can you compare bottled water to oil? How bizzare. You can get water for free from a tap, For an investment, you can dig a hole in the ground and get millions, or billions of barrels of oil that can last (supply) for many years and cost as little as $3.00 a barrel.

This is the speal and propaganda that drove up the ridiculous price of oil. Oil should be around $25/$30 a barrel at most, and water is...... well it's FREE.

You speak like a "long oil" true believer.


On Jan 13 09:00 AM nostradamus1 wrote:

> A barrel of crude oil is cheaper than bottled water in supermarkets.
>
>
> In mostly all western European countries a bottle of one and half
> litres of water costs 0.70 Euros. In order to compare both prices
> you need to buy 106 bottles of water to get 159 litres, equivalent
> to a barrel of crude oil, so 106 x 0.7 euro = 74.20 euro
> Now we have to change euro to dollar so, 74.20 euro x 1.4 = 103.88
> dollars.
>
> As you can see, you have to pay 103.88 dollars to get 159 litres
> of bottled water, but you only need 35 dollars to get a barrel of
> crude oil.
>
> 80% of the income of countries like Saudi Arabia, Iran, Kuwait, Arab
> Emirates, Iraq, Venezuela, and almost the rest of the oil exporters’
> countries is based on the sale of this raw material.
>
> Oil is a very scarce good and the leaders of these countries must
> act with caution and responsibility in order to benefit their economies
> because their political stability and well-being of their citizens
> depends on it.
>
> The oil reserves in operative oilfields started declining years ago
> but the world needs and demands more and more oil year after year.
> In the last 20 years, we haven’t discovered any important oilfields
> and the new ones are very difficult and very costly to operate. Most
> of them are placed in far open sea and in very deep water sea. The
> other ones are placed in land but in abysmal depths with low capacities.
> Take a look at the above chart. During the 1960s, for instance, we
> consumed about 6 billion barrels per year while finding about 30-60
> billion per year. Those consumption/discovery ratios have nearly
> reversed themselves in recent years. We now consume close to 30 billion
> barrels per year but find less than 4 billion per year. Oil markets
> are no longer mainly reliant upon the consumption patterns and trends
> in the United States, Europe, and Japan like before. The markets
> of the emerging countries have started to play a major and significant
> role which is likely to grow in the future.
>
> $100 barrel is too cheap for something that moves the world and that
> is so scarce.
>
> How long do you think that the price could remain here? 6 month?
> 1 year? year and half? How lower could it go? $30 pb? $25 pb? $20
> pb? Less? Ok, now please tell me, do Us, Japan and Europe want to
> recover the crisis making cars and building houses? do they want
> to recover the employment? in order to revive the economy they must
> put money in it, then the people can get employment and buy cars
> and houses, it means opened factories and banks, it means money in
> hand, and IT MEANS OIL DAMAND, this is the true reality, Geopolitical
> conflicts with Iran in Persian gulf and strait of hormuz , problems
> in Venezuela, in Arabia Saudi, Israel- terrosit attack in oilfields,etc
> .etc. natural disasters in gulf of Mexico, India, China, all these
> MEAN OIL DAMAND, but the world must go on and on, so no matter how
> long it takes, we will see oil at $147 0r $200 or maybe more, who
> knows!
>
> Best regards
>
>