Why $140/Barrel Crude is Unsustainable [View article]
The only graph comparison that makes sense would be one that shows “Production” vs. “Consumption” the delta will dictate which way things will go. Not a graph of pricing vs. time/event. What ever any one says there is one great truth: Supply & demand will dictate the market cost of anything. The only exception is with government subsidies hiding the real market cost.
Chen, sounds like you are very sensitive to any criticism regarding anything Chinese, one has to take the emotion out of investing and just look at the facts (as you see them) and make an investment call. Nothing to do with nationalism.
Is This Oil Bubble Going to Deflate? [View article]
Utter BS, there is no way that oil will ever go down below a $100 again. Too much growing demand and the world has reached its maximum production capacity and we are now on the back end of the production curve.
Anther reason for the big price increase is the falling US dollar. To much government surplus plus too many wars with no end insight.
Oil Would Be $65 if the Dollar Had Stayed Strong - AGI [View article]
Well you all bought into going to war (for oil) when the rest of the world condemned the US’s unilateral invasion of Iraq. How did you guys ever think you were going to pay for the military incursion? Now you know, an economy shot to hell and a sinking dollar.
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Latest | Highest ratedWhy $140/Barrel Crude is Unsustainable [View article]
A Meltdown in Emerging Markets? [View article]
Is This Oil Bubble Going to Deflate? [View article]
Anther reason for the big price increase is the falling US dollar. To much government surplus plus too many wars with no end insight.
Oil Would Be $65 if the Dollar Had Stayed Strong - AGI [View article]