SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Taikun who wrote (61158)3/20/2005 2:18:42 PM
From: BubbaFred  Read Replies (4) of 74559
 
Here is what I think happening. Let me know your thoughts.

US now has control of world's oil supply, with production from Iraq. The production can be turn on or off, and just right for minimum pain impact on US economy, and relationally to those EU and Asian economies. It can be a method for causing max pain for someone else while enduring min pain in US. I don't think crude oil going toward $65 and $85 is not from supply and demand. The supply is slightly above the demand. The supply from Iraq can be a big factor on $40 to $60 price range. The certain anticipation increasing future demand is one reason some entity is able to manipulate the price. That's for the nearby years, not looking 10 or 20 years from now. That makes it easier and profitable to invest in energy price manipulation. I think it's a war on which country(ies) can withstand the burden of increasing energy cost. For sure it will slow the growth in those rapidly developing countries. The cost for improving standard of living (both infrastructure construction and manufacturing of consumer goods) will be higher. I think that's one war being staged today - US economy and standard of living can withstand slow growth, remain stagnant, or even decline slightly in exchange for greater decline in EU and wage inflation pressure in China.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News