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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (114442)11/28/2015 3:12:31 PM
From: Metacomet  Read Replies (1) | Respond to of 218620
 
Energy usage is a zero sum game..

the oil patch jobs must be replaced by energy production jobs in other sectors ie renewables

..and these must be preceeded by the requisite infrastructure additions

why our job growth numbers belie the losses in coal and oil



To: Haim R. Branisteanu who wrote (114442)11/28/2015 7:19:36 PM
From: dvdw©  Read Replies (1) | Respond to of 218620
 
You said: "Crude oil just capped off a third straight week of declines, as WTI nears the $40 per barrel threshold. " WTI has reversed the leading indicator, two short years ago WTI was a complete slave (or bitch) to Brent…but that is what happens when the chickens come home to roost.

"Goldman Sachs is once again raising the possibility of oil dipping into the $20s per barrel. "
Why wouldn't it? A contrivance was created, it broke and now the consequences have come home to roost.

That spells more pain for the energy sector.
Pain, that is strange, why not just say its a cycle, more akin to coitus interruptus.

Many companies have already slashed spending and culled their payrolls, but the total number of job losses continues to climb.

Yes, this is true, do you think that those who made bank learning about particulate oil from shale are not employable again? if not here, somewhere else. Argentina is about to unlock massive oil deposits of particulate oil from shale, as Mexico could do if its bandwidth was inclined. Not many argentines walking about with knowledge of particulate oil….our job losses make for increasing opportunity for those with bandwidth to understand, the game is moving…..again….Aramco has already advertised for Shale oil workers….dont feel bad for them, if they paid attention, they can parlay their awareness, regarding the legacy oil folks, not so much, most have great pensions and benefits so retiring is good.

Some of our Bakken heroes just need to adjust to locations about to boom.

Oil is not going away, but demand will continually shrink for transportation, its biggest application.



To: Haim R. Branisteanu who wrote (114442)11/29/2015 3:03:22 AM
From: elmatador  Read Replies (2) | Respond to of 218620
 
USD rally is based on words.



To: Haim R. Branisteanu who wrote (114442)11/30/2015 7:02:01 PM
From: Snowshoe  Read Replies (2) | Respond to of 218620
 
Dollar near multi-year peak as euro hangs in the balance
reuters.com

The dollar was on the cusp of reaching its highest in nearly 13 years against a basket of currencies on Tuesday, with the euro pinned down by expectations of aggressive policy easing from the European Central Bank.


The dollar index .DXY stood at 100.200, having come within a whisker of the March peak of 100.390. A break there would take it to highs not seen since April 2003.