Oil Price reverses yet again

Oil Price reverses yet again

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Front month crude oil prices increased 9.2% today. Such a huge daily movement shows once again the need for agile business systems that can anticpate the risks, and capture these environmental factors, and turn them into business oportunities.  

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  • PingBack from http://blog.a-foton.ru/index.php/2008/11/25/oil-price-reverses-yet-again/

  • Thanks for you thoughts, as an oil and gas geologist I have two sort of

    macro questions/points to add: 1) oil prices are pegged to to the

    dollar, so what will be the consequence of our "printing money" for all

    of the corporate bail outs? I.e., if the value of the dollar takes a

    serious hit, as a result of inflationary pressures, what will happen to

    energy prices? and 2) My kind and I have a saying regarding the

    discovery of new oil fields and that is this "all of the elephants have

    been shot". China is still growing at ~ 9% despite our stagnation in the

    West. I am concerned we will see a 2-3 year hiatus (lull) of cheap

    energy and then the cost of energy will sky rocket. As a new father I am

    truly frightened that as my children approach their University years,

    the lights are going to start to flicker...... Keep it up man!

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