Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

walterw

Peak Oil

Recommended Posts

I had been looking a little bit this topic.... its really interesting to see what will be the output of this and what will the world goverments will do to reduce the impact of very expensive crude after peak oil...

 

 

[GVIDEO]http://video.google.es/videoplay?docid=-596805984521272213&q=peak+oil&total=1098&start=0&num=10&so=0&type=search&plindex=9[/GVIDEO]

Share this post


Link to post
Share on other sites

I wouldn't count on the government, they're very inefficient, the free market is going to take care of this. Some of the oil has been too expensive to extract, with attractive prices, we'll see more reasearch, futher delevolpment of oil fields, untapped reserves and other resources.

No one knows if oil has already peaked, but we'll soon find out. It's gonna be a bumpy ride, but we'll get through this.

Share this post


Link to post
Share on other sites

Certainly interesting and I agree with sparrow that the governments are not competitive to create solutions... I came across the http://www.chevron.com site thought they are an oil company, its interesting to see the amount of solutions they are already working on... I would say they are opening the umbrella to keep themselfes in bussiness and generate some solutions so we dont face a true crisis... cheers Walter.

Share this post


Link to post
Share on other sites

There is no way that these energy companies are going to actually be working on solutions to cut into their profit margin....the only thing they are going to present to the public is something that they will have their fingers into as well......know what I mean Walter?

 

Everyone is talking about Ethanol being the next big thing...but it's nothing new, I remember the 99 Ford Rangers could take Ethanol just fine....it's nothing more than everclear or moonshine (for those of us who are Southerners lol).

 

If you have a flex fuel vehicle, try it sometime or ask your mechanic....it works..nothing magic about buying the new Ethanol magic fuel that they say is so hard to make. LOL

 

Basically, just like in the stock market, the big businesses are taking advantage of the mass opinion and predictability of the ignorant consumer....

 

My wife and I have been looking into BioDiesel and other things, and are putting money into solar power for aspects of our house, such as solar powered attic fans to keep the house cooler and use less energy, among other things...

 

Sad thing is...those things actually end up costing you more money.....you can conserve energy to help save the environment...but rest assurred the big businesses will always have the game rigged to their advantage.....

Share this post


Link to post
Share on other sites

Big oil sure doesn't like to let go of their profitable business which hampers the development of alternatives. Unfortunately the history of mankind is full of incidents where disaster had to strike first before we changed our mind.

 

The production of bio fuels hardly produces more energy than it consumes. Uranium enrichment also requires energie(dunno about the efficiency) and electric cars, which are a step forward, aren't capable of going a long distance.

 

There's still a lot of oil in tar sands, but refining it is a costly process, peak oil could make their development possible.

 

I'd go with a combination renewable energie( tidal, wind, sun ), gas and coal power plants, nuclear energy and in a couple of decades hopefully fusion power.

 

I like these cars: wright

audio r-zero but not very efficient ones :).

 

Dunno how much potential hydrogen has.

 

Anyhow, hold onto your hats, it's gonna get rough in the future.

Share this post


Link to post
Share on other sites

I would love to know some insider info on what the oil companies are already shooting for... that "new" energy they will choose (major one) will be the next boom investment ¡¡ my big question, will oil prices actually will decrease when this new energies come in ? or will it be the new black gold ? mmmm I will have to use my wizrd skills jejejejej... cheers Walter.

Share this post


Link to post
Share on other sites

Wizard skills...sounds good to me....hey can you conjure me up a vacation to Hawaii while you're at it? lol

 

Yeah it is really crazy what must go on behind closed doors in the big oil companies offices....probably some good movie material....except it's in real life...

Share this post


Link to post
Share on other sites
I would love to know some insider info on what the oil companies are already shooting for... that "new" energy they will choose (major one) will be the next boom investment ¡¡ my big question, will oil prices actually will decrease when this new energies come in ? or will it be the new black gold ? mmmm I will have to use my wizrd skills jejejejej... cheers Walter.

 

In my opinion there is no insider info, because there is no 'new' energy right now. We probably won't see it in our lifetime, but you can count on these oil companies to suck it all the way to bone dry, to keep printing money, and make advertisements on TV about 'renewable energy' to delude the public that we actually have something PRESENTLY that can replace oil to sustain our standard of living. We have a bridge at best with our current alternatives. Many in the oil & gas industry are already aware of the problem, but they certainly aren't going to talk about it on TV, could you imagine....the fear, what would happen to the stock price...and a good portion of their savings. Officers with like 28 million dollars worth of stock in their own company. The public will be the last to hold the bag.

 

I really hope the techno wizards can come up with something. I really am hopeful.

 

The only time I could see oil going back down to 10.00, is when the final leg down takes us towards zero, because it's obsolete OR miraculously something is able to replace it....after of course all the black gold is almost gone.

 

Remember, the world is ASSUMING that we actually have alternatives that can pack as much punch as oil, that are safe and practical. Maybe we could adjust our standard of living, but it's hard to make people change once their comfortable....then all the emerging nations that also want to be comfortable.

Share this post


Link to post
Share on other sites

I am thinking some of the oilsands companies are good long term plays in the current and future environments regarding oil price and supply. I have a bit of BQI just in the event this thinking pans out

Share this post


Link to post
Share on other sites
I am thinking some of the oilsands companies are good long term plays in the current and future environments regarding oil price and supply. I have a bit of BQI just in the event this thinking pans out

 

The Canadian Oil Sands has a ton of supply that is un-developed, but it takes big bucks and a ton of fuel to extract, and it's costly...but it's there, and I can't see how these reserves wont become increasingly important to our world.

 

The actual reserves are massive.

Share this post


Link to post
Share on other sites
Yesterday crude oil made another record high... almost $100 per barrel...

 

clear sintoms of peak oil ? cheers Walter.

 

It's highly possible that the new pricing of oil is really reflecting this. The media likes to blame it on 'pure speculation', but it is the speculators and all the other market participants who are setting the price for the future.

 

The point is, they say because it's just over speculation, oil will crash back down to $60.00 bucks soon, they are trying to 'blame it on something', to tell the public that it's not real. What if this never happens and it keeps slowly rising? Or what if the next pullback only stops at $80.00 then turns right back up again to take out the 100 mark?

 

Alot of idiots are trying to pick a top in the oil market because they feel it's a fake bull market, but you know what happens to top pickers. This oil market feels like a runnaway train with no end in sight. I won't be surprised to see $150.00 per barrel within next year.

Share this post


Link to post
Share on other sites

barely tangental to the topic - just for snicks

 

[ame=http://www.youtube.com/watch?v=Vx8kMXufu3w]YouTube - BP Fails Booming School 101 Gulf Oil Spill.wmv[/ame]

 

"In times of deceit, telling the truth is a revolutionary act" g orwell

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • NFLX Netflix stock watch, local support and resistance areas at 838.12 and 880.5 at https://stockconsultant.com/?NFLX
    • NFLX Netflix stock watch, local support and resistance areas at 838.12 and 880.5 at https://stockconsultant.com/?NFLX
    • Hello citizens of the U.S. The hundred year trade war has leaked over into a trading war. Your equity holdings are under attack by huge sovereign funds shorting relentlessly... running basically the opposite of  PPT operations.  As an American you are blessed to be totally responsible for your own assets - the govt won’t and can’t take care of you, your lame ass whuss ‘retail’ fund managers go catatonic  and can't / won’t help you, etc etc.... If you’re going to hold your positions, it’s on you to hedge your holdings.   Don’t blame Trump, don’t blame the system, don’t even blame the ‘enemies’ - ie don’t blame period.  Just occupy the freedom and responsibility you have and act.  The only mistake ‘Trump’ made so far was not to warn you more explicitly and remind you of your options to hedge weeks ago.   FWIW when Trump got elected... I also failed to explicitly remind you... just sayin’
    • Date: 7th April 2025.   Asian Markets Plunge as US-China Trade War Escalates; Wall Street Futures Signal Further Turmoil.   Global financial markets extended last week’s massive sell-off as tensions between the US and its major trading partners deepened, rattling investors and prompting sharp declines across equities, commodities, and currencies. The fallout from President Trump’s sweeping new tariff measures continued to spread, raising fears of a full-blown trade war and economic recession.   Asian stock markets plunged on Monday, extending a global market rout fueled by rising tensions between the US and China. The latest wave of aggressive tariffs and retaliatory measures has unnerved investors worldwide, triggering sharp sell-offs across the Asia-Pacific region.   Asian equities led the global rout on Monday, with dramatic losses seen across the region. Japan’s Nikkei 225 index tumbled more than 8% shortly after the open, while the broader Topix fell over 6.5%, recovering only slightly from steeper losses. In mainland China, the Shanghai Composite sank 6.7%, and the blue-chip CSI300 dropped 7.5% as markets reopened following a public holiday. Hong Kong’s Hang Seng Index opened more than 9% lower, reflecting deep concerns about escalating trade tensions.           South Korea’s Kospi dropped 4.8%, triggering a circuit breaker designed to curb panic selling. Taiwan’s Taiex index collapsed by nearly 10%, with major tech exporters like TSMC and Foxconn hitting circuit breaker limits after each fell close to 10%. Meanwhile, Australia’s ASX 200 shed as much as 6.3%, and New Zealand’s NZX 50 lost over 3.5%.   Despite the escalation, Beijing has adopted a measured tone. Chinese officials urged investors not to panic and assured markets that the country has the tools to mitigate economic shocks. At the same time, they left the door open for renewed trade talks, though no specific timeline has been set.   US Stock Futures Plunge Ahead of Monday Open   US stock futures pointed to another brutal day on Wall Street. Futures tied to the S&P 500 dropped over 3%, Nasdaq futures sank 4%, and Dow Jones futures lost 2.5%—equivalent to nearly 1,000 points. The Nasdaq Composite officially entered a bear market on Friday, down more than 20% from its recent highs, while the S&P 500 is nearing bear territory. The Dow closed last week in correction. Oil prices followed suit, with WTI crude dropping over 4% to $59.49 per barrel—its lowest since April 2021.   Wall Street closed last week in disarray, erasing more than $5 trillion in value amid fears of an all-out trade war. The Nasdaq Composite officially entered a bear market on Friday, sinking more than 20% from its recent peak. The S&P 500 is approaching bear territory, and the Dow Jones Industrial Average has slipped firmly into correction territory.   German Banks Hit Hard Amid Escalating Trade Tensions   German banking stocks were among the worst hit in Europe. Shares of Commerzbank and Deutsche Bank plunged between 9.5% and 10.3% during early Frankfurt trading, compounding Friday’s steep losses. Fears over a global trade war and looming recession are severely impacting the financial sector, particularly export-driven economies like Germany.   Eurozone Growth at Risk   Eurozone officials are bracing for economic fallout, with Greek central bank governor Yannis Stournaras warning that Trump’s tariff policy could reduce eurozone GDP by up to 1%. The EU is preparing retaliatory tariffs on $28 billion worth of American goods—ranging from steel and aluminium to consumer products like dental floss and luxury jewellery.   Starting Wednesday, the US is expected to impose 25% tariffs on key EU exports, with Brussels ready to respond with its own 20% levies on nearly all remaining American imports.   UK Faces £22 Billion Economic Blow   In the UK, fresh research from KPMG revealed that the British economy could shrink by £21.6 billion by 2027 due to US-imposed tariffs. The analysis points to a 0.8% dip in economic output over the next two years, undermining Chancellor Rachel Reeves’ growth agenda. The report also warned of additional fiscal pressure that may lead to future tax increases and public spending cuts.   Wall Street Braces for Recession   Goldman Sachs revised its US recession probability to 45% within the next year, citing tighter financial conditions and rising policy uncertainty. This marks a sharp jump from the 35% risk estimated just last month—and more than double January’s 20% projection. J.P. Morgan issued a bleaker outlook, now forecasting a 60% chance of recession both in the US and globally.   Global Leaders Respond as Trade Tensions Deepen   The dramatic market sell-off was triggered by China’s sweeping retaliation to a new round of US tariffs, which included a 34% levy on all American imports. Beijing’s state-run People’s Daily released a defiant statement, asserting that China has the tools and resilience to withstand economic pressure from Washington. ‘We’ve built up experience after years of trade conflict and are prepared with a full arsenal of countermeasures,’ it stated.   Around the world, policymakers are responding to the growing threat of a trade-led economic slowdown. Japanese Prime Minister Shigeru Ishiba announced plans to appeal directly to Washington and push for tariff relief, following the US administration’s decision to impose a blanket 24% tariff on Japanese imports. He aims to visit the US soon to present Japan’s case as a fair trade partner.   In Taiwan, President Lai Ching-te said his administration would work closely with Washington to remove trade barriers and increase purchases of American goods in an effort to reduce the bilateral trade deficit. The island's defence ministry has also submitted a new list of US military procurements to highlight its strategic partnership.   Economists and strategists are warning of deeper economic consequences. Ronald Temple, chief market strategist at Lazard, said the scale and speed of these tariffs could result in far more severe damage than previously anticipated. ‘This isn’t just a bilateral conflict anymore — more countries are likely to respond in the coming weeks,’ he noted.   Analysts at Barclays cautioned that smaller Asian economies, such as Singapore and South Korea, may face challenges in negotiating with Washington and are already adjusting their economic growth forecasts downward in response to the unfolding trade crisis.           Oil Prices Sink on Demand Concerns   Crude oil continued its sharp slide on Monday, driven by recession fears and weakened global demand. Brent fell 3.9% to $63.04 a barrel, while WTI plunged over 4% to $59.49—both benchmarks marking weekly losses exceeding 10%. Analysts say inflationary pressures and slowing economic activity may drag demand down, even though energy imports were excluded from the latest round of tariffs.   Vandana Hari of Vanda Insights noted, ‘The market is struggling to find a bottom. Until there’s a clear signal from Trump that calms recession fears, crude prices will remain under pressure.’   OPEC+ Adds Further Pressure with Output Hike   Bearish sentiment intensified after OPEC+ announced it would boost production by 411,000 barrels per day in May, far surpassing the expected 135,000 bpd. The alliance called on overproducing nations to submit compensation plans by April 15. Analysts fear this surprise move could undo years of supply discipline and weigh further on already fragile oil markets.   Global political risks also flared over the weekend. Iran rejected US proposals for direct nuclear negotiations and warned of potential military action. Meanwhile, Russia claimed fresh territorial gains in Ukraine’s Sumy region and ramped up attacks on surrounding areas—further darkening the outlook for markets.   Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report.   Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Andria Pichidi HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • AMZN Amazon stock watch, good buying (+313%) toi hold onto the 173.32 support area at https://stockconsultant.com/?AMZN
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.