Topic: Low demand for gasoline (Read 235 times)
that would happen to be a low demand for gasoline, because of our place the price of a gasoline is very high and many people are fully emblazoned with its overpriced. and would have heard the demand go down the price, to help those who want to save their expenses and save money too. because nowadays many people are suffering and with the downgrade of gasoline it is an example of the first company that goes down and helps everyone who wants to get off.
with a lot of infrastructure development is one of the causes of gasoline demand, besides that people are starting to use and look for other alternative fuels that are more environmentally friendly and cheaper
There is a seasonal effect on oil demand and you can't say that an economic crisis is coming by looking at decreased demand for oil. However, OPEC is an institutional manipulator of oil prices and members of OPEC may decided to keep oil prices low because of political motives. As a consumer, I don't expect any good for myself because they always find a way to take our moneys.
That would be good for us, gasoline in our country is not cheap so it will help people to save on their expenses.
I have a car and I will benefit from this, I hope it will continue to go down, but on the other side, it will increase the traffic in our country.
I have a car and I will benefit from this, I hope it will continue to go down, but on the other side, it will increase the traffic in our country.
It is a double-edged sword. I don't think that the price will go too low. The supply is going to be decreased as well in order that demand and supply are going to be crossed. So you don't have to worry about your traffic in your country. It will be still low because the gas price is going to be kind of the same as it is now.
this. a lot of the deposits in the west (canada, venezuela) are in tar sands that can't be reached with surface mining. the extraction cost is much higher, so it's not viable to produce at lower prices. that keeps OPEC in a position where they can control a huge share of global production and thus control prices.
OPEC's average barrel extraction price is something around U$ 4 to U$ 7. US producers can't extract oil at less than U$ 30 as far as I know. Dictators have it real easy it seems.Workers never complain, no labor laws, if anyone looks unhappy they chop their head off. It's good to be the king.
it's great, until the people finally rise up and overthrow their regimes in a revolution. it's been known to happen throughout history.
re OPEC, this exhibits the fundamental weakness of most commodities in backing economies or money. when oil production is highly concentrated, producers can collude to control prices. the gold mining industry historically suffered from this problem: as of ~15 years ago, south Africa held 50% of the world's gold resources and in the 90s they were producing 30% of world output. even bitcoin mining can be prone to this problem, since miners will always move towards regions where electricity is cheapest.
It is the sad reality that we're living in and there's no way to stop it for now. The low demand for gasoline will trigger all the consumer goods to decrease in prices too. It's the market shaker and its also the market's indicator on what it should do.
Everything that we're using came through with gasoline/oil. Transporting goods, generating products, manufacturing it so it's really a good news if gasoline demand goes on low.
Because of this, miners will become more profitable as the cost of electricity will become lower. Well, we are really run by the gasoline so I think there is still demand but not that much since a lot of new inventions now where they encourage people to become more green, where electric bikes and cars are being invented, solar power lamp and so on. The demand for gasoline will still be there, maybe its also under in a bear market but this is a good news for all of us. Everything that we're using came through with gasoline/oil. Transporting goods, generating products, manufacturing it so it's really a good news if gasoline demand goes on low.
Even with those inventions of electric bikes and cars, they still be run mostly by gasoline source as electricity is being run by that unless they will go fully adopt solar power. Maybe we'll see that in the near future.
As long as they are in control of their own oil production I don't think these low demand for oil will be permanent, like what others said a stoppage for producing new oil can always happen any time. The only thing that can threaten this demand permanently is when we use other energy alternatives and I think is is possible when electric cars as well as hybrids will be dominating our streets. This is the only thing we can do to stop these conglomerates on taking advantage of us people who are lower in the food chain.
You assume the gasoline usage is low because people do not possess money to actually buy it and instead use other methods of transportation but you are missing the fact that there are more and more electric cars made and electric bikes and so forth made that people are actually moving towards using less and less gasoline cars. Right now, almost all new high tech cars are that way unless its some super fast sports car or something. Even electric trucks are getting made which means overtime there will be really no gas cars left, from public transportation to daily usage to work cars they will be all electric soon.
I do not really think the reason the usage dropped is money related, its just about time we moved on from gas and into renewable energy, you can use sun and wind to charge your car instead of fossil fuel which is much better option.
I do not really think the reason the usage dropped is money related, its just about time we moved on from gas and into renewable energy, you can use sun and wind to charge your car instead of fossil fuel which is much better option.
Gasoline prices always go up every year, a wise thing now is to reduce the use of gasoline and focus more on vehicles that are environmentally friendly.
The low demand for gasoline and therefore the decrease in prices of consumer oil is still controllable by the oil producers, they can quickly cut off their production in order to match the current demand these producers will always say "Why produce more oil when it is not needed?" and they are right to say that as they won't continue to sell at a very low price. They have done it in the pass where Saudi Arabia, USA, and Russia all agree to cutback their oil production just to see the demand to go up. The low demand for oil also is always during the 4th quarter of every year as this is the Winter season where cars are likely to be less driven daily because of the weather and its road conditions.
I have observed Brent Crude Oil for a time now and the prices are starting to normalize. From its lowest price last December 26 which is 50.5$ a barrel it rose 6.5$ during the last two weeks. We aren't as near as the 80-85$ per barrel price but I won't see any oil price rollbacks anytime soon.
I have observed Brent Crude Oil for a time now and the prices are starting to normalize. From its lowest price last December 26 which is 50.5$ a barrel it rose 6.5$ during the last two weeks. We aren't as near as the 80-85$ per barrel price but I won't see any oil price rollbacks anytime soon.
Trump wants cheap oil. He knows Saudi Arabia extracts oil at U$ 4 (!!), why then do they sell it at U$ 50? More than 12x profit for sucking rotten dinossaurs out of the ground!
OPEC will increase / decrease production to ensure that the price of gas is continuously high. Bankers aren't bailing out just yet, there is still money to be squeezed out of these sheep. When the stocks start to fail, they will switch to bakkt crypto markets 
Hopefully so.
OPEC is a cartel. Cartels are illegal in any Western country, yet we accept this one for some magical reason. They basically dictate our gas prices.
That would be good for us, gasoline in our country is not cheap so it will help people to save on their expenses.
I have a car and I will benefit from this, I hope it will continue to go down, but on the other side, it will increase the traffic in our country.
I have a car and I will benefit from this, I hope it will continue to go down, but on the other side, it will increase the traffic in our country.
Oil shouldn't cost more than U$ 10 a barrel.
It is the sad reality that we're living in and there's no way to stop it for now. The low demand for gasoline will trigger all the consumer goods to decrease in prices too. It's the market shaker and its also the market's indicator on what it should do.
Everything that we're using came through with gasoline/oil. Transporting goods, generating products, manufacturing it so it's really a good news if gasoline demand goes on low.
Everything that we're using came through with gasoline/oil. Transporting goods, generating products, manufacturing it so it's really a good news if gasoline demand goes on low.
I think the global slowdown is upon us. The FED can manipulate the stock markets by printing free money. But can they force the world to keep producing exponentially more to sustain the worldwide banking ponzi? I don't think so.
Once the world reaches a production limit, who will pay for the U$ 250+ trillion dollars the FED printed???
OPEC will increase / decrease production to ensure that the price of gas is continuously high.
this. a lot of the deposits in the west (canada, venezuela) are in tar sands that can't be reached with surface mining. the extraction cost is much higher, so it's not viable to produce at lower prices. that keeps OPEC in a position where they can control a huge share of global production and thus control prices.
OPEC's average barrel extraction price is something around U$ 4 to U$ 7. US producers can't extract oil at less than U$ 30 as far as I know. Dictators have it real easy it seems.Workers never complain, no labor laws, if anyone looks unhappy they chop their head off. It's good to be the king.
OPEC will increase / decrease production to ensure that the price of gas is continuously high. Bankers aren't bailing out just yet, there is still money to be squeezed out of these sheep. When the stocks start to fail, they will switch to bakkt crypto markets
That's where these global organizations come into play, manipulating the supply to treat people like shit and squeeze a lot of money out of their hands. It seems to me that these legal organizations are just syndicated crime organizations that are hiding in plain sight since governments gave them approval, power and trust to control certain things. Oil and gasoline is one of them, and they're actually doing a great job at controlling supply for global demand and to keep the price stable. If there's something amazing about these guys, that is their power to manipulate and rig things even up to the last point until such time that it cannot hold for any longer (i.e. global economic crisis).
OPEC will increase / decrease production to ensure that the price of gas is continuously high.
this. a lot of the deposits in the west (canada, venezuela) are in tar sands that can't be reached with surface mining. the extraction cost is much higher, so it's not viable to produce at lower prices. that keeps OPEC in a position where they can control a huge share of global production and thus control prices.
It is the sad reality that we're living in and there's no way to stop it for now. The low demand for gasoline will trigger all the consumer goods to decrease in prices too. It's the market shaker and its also the market's indicator on what it should do.
Everything that we're using came through with gasoline/oil. Transporting goods, generating products, manufacturing it so it's really a good news if gasoline demand goes on low.
Because of this, miners will become more profitable as the cost of electricity will become lower. Well, we are really run by the gasoline so I think there is still demand but not that much since a lot of new inventions now where they encourage people to become more green, where electric bikes and cars are being invented, solar power lamp and so on. The demand for gasoline will still be there, maybe its also under in a bear market but this is a good news for all of us. Everything that we're using came through with gasoline/oil. Transporting goods, generating products, manufacturing it so it's really a good news if gasoline demand goes on low.
It is the sad reality that we're living in and there's no way to stop it for now. The low demand for gasoline will trigger all the consumer goods to decrease in prices too. It's the market shaker and its also the market's indicator on what it should do.
Everything that we're using came through with gasoline/oil. Transporting goods, generating products, manufacturing it so it's really a good news if gasoline demand goes on low.
Everything that we're using came through with gasoline/oil. Transporting goods, generating products, manufacturing it so it's really a good news if gasoline demand goes on low.
That would be good for us, gasoline in our country is not cheap so it will help people to save on their expenses.
I have a car and I will benefit from this, I hope it will continue to go down, but on the other side, it will increase the traffic in our country.
I have a car and I will benefit from this, I hope it will continue to go down, but on the other side, it will increase the traffic in our country.
OPEC will increase / decrease production to ensure that the price of gas is continuously high. Bankers aren't bailing out just yet, there is still money to be squeezed out of these sheep. When the stocks start to fail, they will switch to bakkt crypto markets
The low demand for gasoline and therefore the decrease in prices of consumer oil is still controllable by the oil producers, they can quickly cut off their production in order to match the current demand these producers will always say "Why produce more oil when it is not needed?" and they are right to say that as they won't continue to sell at a very low price. They have done it in the pass where Saudi Arabia, USA, and Russia all agree to cutback their oil production just to see the demand to go up. The low demand for oil also is always during the 4th quarter of every year as this is the Winter season where cars are likely to be less driven daily because of the weather and its road conditions.
I have observed Brent Crude Oil for a time now and the prices are starting to normalize. From its lowest price last December 26 which is 50.5$ a barrel it rose 6.5$ during the last two weeks. We aren't as near as the 80-85$ per barrel price but I won't see any oil price rollbacks anytime soon.
I have observed Brent Crude Oil for a time now and the prices are starting to normalize. From its lowest price last December 26 which is 50.5$ a barrel it rose 6.5$ during the last two weeks. We aren't as near as the 80-85$ per barrel price but I won't see any oil price rollbacks anytime soon.
While crude oil was a draw this week, EIA numbers were WAY lower draw (-1.6 million) than API numbers published last night (-6 million).
https://www.investing.com/news/commodities-news/us-crude-oil-inventories-fell-by-168-m-barrels-last-week-eia-1742347
Why is oil dropping from its daily high?
Because gasoline inventories built up like crazy.
Today's crude draw becomes tomorrow's gasoline build. If there is no demand for gasoline, then soon crude will build up again.
What does this tell us?
The economy is slowing fast. First thing people stop doing when money's tight is stop driving long, start saving up gas.
YET the debt keeps growing. The fraudulent scheme keeps rolling, central banks keep printing money. Bankers are already fleeing the markets, YOU will be the last to know. Then when it crashes you lose your home, your car, your college tuition and so on. You were warned.
The financial system is a ponzi scheme. It's gonna crash.
PS. For extra bonus, just a small detail about our ponzi fraudulent economy: Last night's crude inventory numbers leaked during the day. Oil shot up with no reason midway through the session. After the close the numbers came out. As always, market manipulation is rampant. Today's much more trustworthy EIA numbers are totally skewed from the API data. Individual investors are the last to know. It's a corrupt system with no future.
https://www.investing.com/news/commodities-news/us-crude-oil-inventories-fell-by-168-m-barrels-last-week-eia-1742347
Why is oil dropping from its daily high?
Because gasoline inventories built up like crazy.
Today's crude draw becomes tomorrow's gasoline build. If there is no demand for gasoline, then soon crude will build up again.
What does this tell us?
The economy is slowing fast. First thing people stop doing when money's tight is stop driving long, start saving up gas.
YET the debt keeps growing. The fraudulent scheme keeps rolling, central banks keep printing money. Bankers are already fleeing the markets, YOU will be the last to know. Then when it crashes you lose your home, your car, your college tuition and so on. You were warned.
The financial system is a ponzi scheme. It's gonna crash.
PS. For extra bonus, just a small detail about our ponzi fraudulent economy: Last night's crude inventory numbers leaked during the day. Oil shot up with no reason midway through the session. After the close the numbers came out. As always, market manipulation is rampant. Today's much more trustworthy EIA numbers are totally skewed from the API data. Individual investors are the last to know. It's a corrupt system with no future.
Jump to: