Long term OIL - page 50. | Bitcointalksearch.org

Barnabe

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Quote from: Pab on February 11, 2016, 06:51:30 PM

Yet another crash day on oil 27$ per barrel,will be no rebound global economy is slowing down
There is no new tigers,more and more oil,less demand

Oil demand growth is steady in Asia (and also probably is in other countries in development)

Pab

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Yet another crash day on oil 27$ per barrel,will be no rebound global economy is slowing down
There is no new tigers,more and more oil,less demand

romero121

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Quote from: Barnabe on February 08, 2016, 06:09:21 AM

Quote from: Pab on February 07, 2016, 08:40:42 PM

Oil is dead Soon USA will doesnt need to import Oil.And new technologys will start to replace oil
Oil coal,bye,bye

Oil will not stop being used for at least one century. We cannot change the world in less time.

Thats true, even though new technology gets evolved oil will be in use. To demolish the use of oil can be done if entire countries agree. So most countries who having oil wealth won't agree. This continues for several decades

gkv9

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Quote from: Fesatmas on February 01, 2016, 07:01:02 AM

Quote from: gkv9 on January 30, 2016, 06:02:53 PM

Quote from: expert4knowledge on January 30, 2016, 03:12:58 PM

Quote from: oblomov on January 30, 2016, 11:41:19 AM

The long-term price trend of all commodities, including oil, is down.

The secular trend in oil prices is down, just as the secular trend in equity prices is up.

Extraction & production technology improves over time.

Increased automation means that the labor units required per unit of production will decrease.

Of course, in the near term oil prices could easily spike up to 180 given supply constraints.

It is correct that supplies are limited, however the advancement of technology is another important criterion on price of oil that affects on its demand and you must take into consideration.

But if lesser supply and more demand is there, the price should "increase" instead of "decreasing"...
And I don't get that when the prices have dropped down so drastically, then why don't we get Oil-based products such as Petrol & Diesel for cheaper???

In my country, most of the petrol price is the government tax. So that is fixed. When the oil price drops 75%, the fuel price drops 15%.

I hate this thing in my country as there are so many taxes levied here, that even if the price drops drastically, we don't see much change in terms of our currency here...

Oil's price seems to be dropping and will surely drop more...

Rotator

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Story about renewable energy is for kids.
If you want to produce solar cell you need energy
Whole mechanization on the world is dependent on oil or on ethanol, with this population on earth it is impossible to create abundance with renewable energy.
In some point you will be forced to decide, to create ethanol or corn for food?
Maybe if population went under 500 millions..
Power of wind, power of geothermal and other are relocated and are very complicated for use..
I won't mention nuclear power.

Barnabe

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Quote from: Pab on February 07, 2016, 08:40:42 PM

Oil is dead Soon USA will doesnt need to import Oil.And new technologys will start to replace oil
Oil coal,bye,bye

Oil will not stop being used for at least one century. We cannot change the world in less time.

Pab

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Oil is dead Soon USA will doesnt need to import Oil.And new technologys will start to replace oil
Oil coal,bye,bye

Ch3wbacca

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Renewable energy is still a hype for the next 2-3 decades.

Oil is king for now, we will most likely see ATH prices or high demand resurface within the next 3-4 years.

mrflibblehat

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Oil is finite and won't last forever. Alternative vegetable fuels or electric power are regenerable without the possibility to end so it's only logical that things will change if they want it or not.

expert4knowledge

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Quote from: kanazawa on February 01, 2016, 02:59:54 PM

OIL is becoming a thing of the past...

Long live to renewable !

It is very early to say farewell to oil but for auto industry it may be imminent but I am not sure about other industries such as heavy industries, price is an important variable here that must not forgotten.

mrflibblehat

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Of course, we have all seen that Tesla managed to get almost 500 km from a charge, so I don't think that's so bad. And there are few sport cars that are able to keep up in acceleration terms with the Tesla. And with the new technologies in battery charging and electricity prices, the future of electric cars might not be so far as we think.

kanazawa

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OIL is becoming a thing of the past...

Long live to renewable !

Barnabe

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Quote from: richardsNY on February 01, 2016, 02:12:01 PM

Quote from: Barnabe on February 01, 2016, 01:50:57 PM

Quote from: arbitrage on February 01, 2016, 10:26:07 AM

You must know how those multi billion corporation makes money through war and manipulations..Don't forget all this in the middle east is just cause and effect oil-wars!
Many times we heard about weapons of mass..But they only found there crude oil?

Maybe when humanity won't need oil anymore, this area will be totally in peace (or totally desertic with only tribes and nomads Grin

)

There will never be peace in the world unfortunately. Right now a lot wars are about oil, but when there is something that replaces the current oil, then people will make war just for that. If you have something that another country doesn't have but badly need, then fill in what you think will happen.... It will never stop.

Of course total peace is impossible, but lots of wars in these regions are caused because of Oil, and Oil also fuels big and corrupt governments (with plenty of money to buy weapons).
So maybe without the influx of money generated by Oil these regions will be more peaceful.

richardsNY

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Quote from: Barnabe on February 01, 2016, 01:50:57 PM

Quote from: arbitrage on February 01, 2016, 10:26:07 AM

You must know how those multi billion corporation makes money through war and manipulations..Don't forget all this in the middle east is just cause and effect oil-wars!
Many times we heard about weapons of mass..But they only found there crude oil?

Maybe when humanity won't need oil anymore, this area will be totally in peace (or totally desertic with only tribes and nomads Grin

)

There will never be peace in the world unfortunately. Right now a lot wars are about oil, but when there is something that replaces the current oil, then people will make war just for that. If you have something that another country doesn't have but badly need, then fill in what you think will happen.... It will never stop.

Barnabe

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Quote from: arbitrage on February 01, 2016, 10:26:07 AM

You must know how those multi billion corporation makes money through war and manipulations..Don't forget all this in the middle east is just cause and effect oil-wars!
Many times we heard about weapons of mass..But they only found there crude oil?

Maybe when humanity won't need oil anymore, this area will be totally in peace (or totally desertic with only tribes and nomads Grin

)

arbitrage

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You must know how those multi billion corporation makes money through war and manipulations..Don't forget all this in the middle east is just cause and effect oil-wars!
Many times we heard about weapons of mass..But they only found there crude oil?

Fesatmas

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Quote from: gkv9 on January 30, 2016, 06:02:53 PM

Quote from: expert4knowledge on January 30, 2016, 03:12:58 PM

Quote from: oblomov on January 30, 2016, 11:41:19 AM

The long-term price trend of all commodities, including oil, is down.

The secular trend in oil prices is down, just as the secular trend in equity prices is up.

Extraction & production technology improves over time.

Increased automation means that the labor units required per unit of production will decrease.

Of course, in the near term oil prices could easily spike up to 180 given supply constraints.

It is correct that supplies are limited, however the advancement of technology is another important criterion on price of oil that affects on its demand and you must take into consideration.

But if lesser supply and more demand is there, the price should "increase" instead of "decreasing"...
And I don't get that when the prices have dropped down so drastically, then why don't we get Oil-based products such as Petrol & Diesel for cheaper???

In my country, most of the petrol price is the government tax. So that is fixed. When the oil price drops 75%, the fuel price drops 15%.

Barnabe

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Quote from: oblomov on January 30, 2016, 11:41:19 AM

The long-term price trend of all commodities, including oil, is down.

The secular trend in oil prices is down, just as the secular trend in equity prices is up.

Extraction & production technology improves over time.

Increased automation means that the labor units required per unit of production will decrease.

Of course, in the near term oil prices could easily spike up to 180 given supply constraints.

Labor and its price is almost negligeable for Oil, the most important parameters are the exploration and extraction investments required (drillings and infrastructure)

gkv9

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Quote from: expert4knowledge on January 30, 2016, 03:12:58 PM

Quote from: oblomov on January 30, 2016, 11:41:19 AM

The long-term price trend of all commodities, including oil, is down.

The secular trend in oil prices is down, just as the secular trend in equity prices is up.

Extraction & production technology improves over time.

Increased automation means that the labor units required per unit of production will decrease.

Of course, in the near term oil prices could easily spike up to 180 given supply constraints.

It is correct that supplies are limited, however the advancement of technology is another important criterion on price of oil that affects on its demand and you must take into consideration.

But if lesser supply and more demand is there, the price should "increase" instead of "decreasing"...
And I don't get that when the prices have dropped down so drastically, then why don't we get Oil-based products such as Petrol & Diesel for cheaper???

expert4knowledge

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Quote from: oblomov on January 30, 2016, 11:41:19 AM

The long-term price trend of all commodities, including oil, is down.

The secular trend in oil prices is down, just as the secular trend in equity prices is up.

Extraction & production technology improves over time.

Increased automation means that the labor units required per unit of production will decrease.

Of course, in the near term oil prices could easily spike up to 180 given supply constraints.

It is correct that supplies are limited, however the advancement of technology is another important criterion on price of oil that affects on its demand and you must take into consideration.

Topic: Long term OIL - page 50. (Read 91936 times)