Comments on: Time to top up strategic oil reserve? http://blogs.reuters.com/commodity-corner/2008/11/18/time-to-top-up-strategic-oil-reserve/ Views on commodities and energy Wed, 19 Jun 2013 14:19:50 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: George http://blogs.reuters.com/commodity-corner/2008/11/18/time-to-top-up-strategic-oil-reserve/comment-page-1/#comment-335346 George Tue, 02 Dec 2008 18:18:11 +0000 http://blogs.reuters.com/commodity-corner/?p=10729#comment-335346 One question regarding falling oil prices. Can someone, anyone, in media or politics, please offer an explanation as to how it is possible for oil prices to plummet 100% from 146$ a barrel to 49 a barrel in two months? Because it looks to me like someone, i.e. the oil cartel was bloating the price to compile capitol. thanks One question regarding falling oil prices.

Can someone, anyone, in media or politics, please offer an explanation as to how it is possible for oil prices to plummet 100% from 146$ a barrel to 49 a barrel in two months? Because it looks to me like someone, i.e. the oil cartel was bloating the price to compile capitol.

thanks

]]> By: Carlos http://blogs.reuters.com/commodity-corner/2008/11/18/time-to-top-up-strategic-oil-reserve/comment-page-1/#comment-335323 Carlos Sat, 22 Nov 2008 20:35:08 +0000 http://blogs.reuters.com/commodity-corner/?p=10729#comment-335323 the Manhattan project 2009, absolutely sounds good. certainly, if the Bush administration does not make the move of purchasing more oil to US' reserves definitely Obama's administration will not hesitate to spend that money for alternative oil. which in my opinion is BETTER. take advantage from the oil now that is very cheap. if you think the oil price will stay this low (under 2.00$) i certainly do not think that will happen. the price is low, therefore the oil consumption will skyrocket at this very moment. i don not know why the media is stating this in a contrary manner. they say that "consumption of oil is falling because oil prices are down." this is not what the law of demand estates. the Manhattan project 2009, absolutely sounds good. certainly, if the Bush administration does not make the move of purchasing more oil to US’ reserves definitely Obama’s administration will not hesitate to spend that money for alternative oil. which in my opinion is BETTER.
take advantage from the oil now that is very cheap. if you think the oil price will stay this low (under 2.00$) i certainly do not think that will happen. the price is low, therefore the oil consumption will skyrocket at this very moment. i don not know why the media is stating this in a contrary manner. they say that “consumption of oil is falling because oil prices are down.” this is not what the law of demand estates.

]]> By: steve http://blogs.reuters.com/commodity-corner/2008/11/18/time-to-top-up-strategic-oil-reserve/comment-page-1/#comment-335322 steve Sat, 22 Nov 2008 20:28:27 +0000 http://blogs.reuters.com/commodity-corner/?p=10729#comment-335322 fill the reserves, but be sure to buy low. the damage from the high price of oil was the inflation bubble (now collapsing) of the last few years. install more hydroelectric power on the system and cap the utilities. fill the reserves, but be sure to buy low. the damage from the high price of oil was the inflation bubble (now collapsing) of the last few years. install more hydroelectric power on the system and cap the utilities.

]]> By: sherry http://blogs.reuters.com/commodity-corner/2008/11/18/time-to-top-up-strategic-oil-reserve/comment-page-1/#comment-335316 sherry Wed, 19 Nov 2008 23:55:53 +0000 http://blogs.reuters.com/commodity-corner/?p=10729#comment-335316 We seriously need to get on with the business of becoming energy independent. While we are doing the happy dance around the pumps with the lower prices OPEC is planning yet more production cuts and will not quit until they achieve their desired price per barrel. The record high prices this past year have done serious damage to our economy and society. WE must move forward with energy independence. We have the knowledge, we have the technology, what America lacks is a plan. Jeff Wilson has a new book out that is beyond awesome. The Manhattan Project of 2009 Energy Independence NOW. He walks you through every aspect of oil, what it is used for besides gas, our depletion of it. The worlds increased need ie 3rd world countries becoming more modernized and consuming more. He explains EVERY alternative energy source and what role they can play to replace oil. His research is backed up with hard data and even includes a time frame and proposed legislative agendas to wean America off oil. www.themanhattanprojectof2009.com We seriously need to get on with the business of becoming energy independent. While we are doing the happy dance around the pumps with the lower prices OPEC is planning yet more production cuts and will not quit until they achieve their desired price per barrel. The record high prices this past year have done serious damage to our economy and society. WE must move forward with energy independence. We have the knowledge, we have the technology, what America lacks is a plan. Jeff Wilson has a new book out that is beyond awesome. The Manhattan Project of 2009 Energy Independence NOW. He walks you through every aspect of oil, what it is used for besides gas, our depletion of it. The worlds increased need ie 3rd world countries becoming more modernized and consuming more. He explains EVERY alternative energy source and what role they can play to replace oil. His research is backed up with hard data and even includes a time frame and proposed legislative agendas to wean America off oil. http://www.themanhattanprojectof2009.com

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