GAOLIM Work Coarse With The High-Heel Shoes Single Shoes Shoes Female 374 In Spring And Water Drilling Marriage Shoes Work Shoes... B07CC4QPS1 Parent e5060c4

Dynamic solutions for a fluid world™

3 minutes reading time (616 words)
GAOLIM Work Coarse With The High-Heel Shoes Single Shoes Shoes Female 374 In Spring And Water Drilling Marriage Shoes Work Shoes... B07CC4QPS1 Parent e5060c4 Falling Oil Prices...Good or Bad? President's Perspective
2341 Hits

Everyone - at least everyone in the USA - is talking about falling oil prices:

For those interested in the reasons behind the falling price see "Why the oil price is falling":

Four things are now affecting the picture. Demand is low because of weak economic activity, increased efficiency, and a growing switch away from oil to other fuels. Second, turmoil in Iraq and Libya—two big oil producers with nearly 4m barrels a day combined—has not affected their output. The market is more sanguine about geopolitical risk. Thirdly, America has become the world’s largest oil producer. Though it does not export crude oil, it now imports much less, creating a lot of spare supply. Finally, the Saudis and their Gulf allies have decided not to sacrifice their own market share to restore the price.

Several of our younger engineering staff have asked me recently about the falling oil prices and the expected impact on demand for our simulation software in 2015. This is part of the bigger question of the impact of oil prices on the US and global economies.

For companies highly focused on the upstream oil industry - and especially exploration and installation of hardware for new oil extraction - there is no doubt such companies will be impacted and that impact will generally be negative. For example see "As oil prices fall, Alaska governor halts project spending".

However, a large part of the rest of the economy benefits from lower oil prices. Companies and consumers can keep more of their cash to spend on other things. For the industrial sector, projects that may have been too expensive previously now become more economically viable and hence will start to move forward.

This shift from one sector to another sector is discussed in the "Oil City Prepares for Pain" article linked earlier. In speaking of the "Oil City" also known as Houston the article says:

Much of the wealth created by high oil prices has been concentrated on the west side of town, known as the Energy Corridor, which is dotted with the headquarters of some of the biggest oil companies in the U.S.: BP America (BP), ConocoPhillips (COP), and Shell Oil (RDSA:LN). But there’s a boom going on in the eastern, industrial side of Houston, where companies such as Dow Chemical (DOW) and Valero Energy (VLO) are building petrochemical and refining plants. Cheap oil, just like cheap natural gas, will be a boon to them. “Labor could start to migrate across town,” says the University of Houston’s Gilmer.

With respect to AFT, some of our customers are in the upstream oil industry and it is to be expected that our sales into that sector will decrease. However, we expect our sales into other sectors to rise and likely to more than make up for the decrease to the upstream oil sector.

As the drama of the falling price of oil plays out, it provides a fascinating view into the field of Economics and how the Laws of supply and demand work. Opportunity always exists.

SHOESHAOGE Sandals Female Slotted Snap Rivet Tip Pack Shoes With High Heels And Bold Women'S Shoes B07CCLTFWR Parent , GAOLIXIA Women's Shoes Cross Straps Pointed High Heels One Word Buckle Belt Fine Heel High Heel Single Shoe Women... B07CCMB816 Parent , SHOESHAOGE Tip Thick With High-Heeled In Baotou Sandals Female Slotted Strap Hollow Single Shoes B07CCMBX3P Parent , GAOLIXIA Women's Shoes Patent Leather Fish Mouth Shoes Spring Fall Comfort Heels Pointed Toe Rivet Buckle For... B07CCMJNH6 Parent , SHOESHAOGE Thick Waterproof Taiwan Thick With High-Heeled Shoes Girl Satin Round Head Slotted Strap Hollow Sandals B07CCN48VN ParentLBDX Spring and Autumn Pointed Colorblock Slim High Heel Europe and America Women's Shoes B07CCN6MMG ParentMHX Women's Shoes Leatherette Spring Summer Wedge Heel for Wedding Office & Career Dress Party & Evening White... B07CCZ4CDY Parent , GAOLIXIA High-heeled Waterproof Platform Buckle Suture High Heels Round Head Shallow Mouth Laser Carved Women's... B07CCZP2MV ParentGAOLIXIA Stylish Ladies Noble Waterproof Shallow Mouth High Heels Shoes Textile Pattern Heels Women Dress Shoes... B07CCZGVTQ Parent , GAOLIXIA Women's Shoes Fish Mouth Ultra High With Fine With Waterproof Table Suede Bow Fashion Women's Singles... B07CCZSRJQ ParentGAOLIXIA Women's Shoes Fish Mouth Ultra High With Fine With Waterproof Table Suede Pearl Fashion Women's Singles... B07CCZRR4G ParentKPHY Latin dance shoes shoes female teachers adult modern soft bottom square dancing shoes with low ballroom dancing... B07CDCYVSR ParentGTVERNH Single Shoes Female The Spring And The New Waterproof Thick With That Work Women Shoes Round Head Professional... B07CCZWMWL Parent , MHX Female Shoes Polyurethane Spring Comfortable shoes On a soled out Low-heeled On a thick heel Round toe for... B07CDDMK7K ParentMHX Women's Shoes Leatherette Spring Summer Stiletto Heel Sparkling Glitter Buckle Hollow-out for Wedding Dress... B07CDDKP25 ParentMHX Women's Shoes Net Single Shoes Korean Version Of The Tide Shoes Quality Flat Rubber Shoes Casual Shoes B07CDDNT6H Parent , MHX Women's Shoes Leatherette Spring Summer Comfort Heels Stiletto Heel Peep Toe Buckle for Dress Gold Black Silver... B07CDDNT6V Parent , SHOESHAOGE Sandals Female Slotted Buckle Slope With High-Heeled Women Shoes Sponge Cake Thick Shoes B07CDQWHM9 ParentQingchunhuangtang@ Spring And Summer Sandals Slippers With Baotou Square With Semi Rough Lazy Shoes Slippers B07CDQNDKC ParentGAOLIXIA Women's Shoes PU Spring Summer Comfort Heels Pointed Toe Rivet Buckle For Wedding Party Evening Black... B07CDR7G5N ParentWYFC Women's Athletic Shoes Casual Mesh Walking Sneakers - Breathable Running Shoes Summer B07CDR7DHW Parent , KPHY Delicate Thin With A Fine 9Cm Shoes High Heels Shallow Mouth Tip Suede Bow Shoes B07CF7VKZN Parent , KPHY The Slope With Slippers High-Heeled Shoes Fashion Muffin Thick Bottom B07CF86T3V Parent , Qingchunhuangtang@ Spring And Summer Sandals Sandals With Thick Wedges Shoes Baotou Lazy Shoes Sandals B07CF7ZZPM Parent , GAOLIM Soy Beans In The Spring Women Shoes Wild Shoes Single Shoes Female Students Shoes Flat White Shoes B07CFQFYTP Parent , GAOLIM In The Spring And Single Shoes Female Students To Head Small And Versatile Shoes, Casual Women Shoes Two... B07CFQFYVR Parent , GAOLIM In The Summer, Minimalist And Versatile Thick Flat Slippers Summer Girls, Wearing Non-Slip Sponge Cake,... B07CFQGJ8K Parent , GAOLIM Single Shoes Female Bow Tie-Pin Lady Shoes Soft Bottom Shoes That Point Light-Flat Footwear B07CFQFYW7 ParentGAOLIM Bow Tie In With Single Shoes Female Summer Light Tone Women'S Shoes And Shoes. B07CFQHH23 Parent ,
The Weight of Currency
What About Viscosity Corrections?
Comments GAOLIM Work Coarse With The High-Heel Shoes Single Shoes Shoes Female 374 In Spring And Water Drilling Marriage Shoes Work Shoes... B07CC4QPS1 Parent e5060c4 Shoes
No comments made yet. Be the first to submit a comment
Friday, 26 October 2018