Women Snow B01N8XYR1T Boots SPEEDEVE Waterproof Winter Boot nhta-30253 Outdoor Ski Sports Anti Skid Fur Lining Warm Boots Ski Hiking Climbing... B01N8XYR1T Parent d28248f




Dynamic solutions for a fluid world™

3 minutes reading time (616 words)
Women Snow B01N8XYR1T Boots SPEEDEVE Waterproof Winter Boot nhta-30253 Outdoor Ski Sports Anti Skid Fur Lining Warm Boots Ski Hiking Climbing... B01N8XYR1T Parent d28248f Falling Oil Prices...Good or Bad? President's Perspective
2341 Hits
0 Comments

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.

Roxy Women's Robles Ankle Bootie, Black, Size 7.0 US/5 UK US B01NAEEZ9X ParentRoxy Women's ABEL Ankle Bootie B01NAEKDH5 ParentMen/Women Dockers 39SI205420 B01NAGM8YL Parent Good world reputation Quality First Outstanding functionGentlemen/Ladies ZAMAGNI Women's Boots B01NAHC66N Parent New varieties are launched Beautiful appearance List of explosionsAmy Q Comfortable Women's Faux Suede Low Heel Elastic Over The Knee Boots B01NAHCRDD Parent , TRIVER FLIGHT Women's Boots black black B01NAI4UDC Parent , Columbia Women’s Snowpow Tall Print Omni-Heat Snow Boot B01NAL2691 ParentJT Women's Boots black black B01NALTUAG ParentMagnum Lightspeed 8.0 Side Zip Boots Black size 5 B01NAN06ZH Parent , SK Studio Women Fully Fur Lined Anti-Slip Waterproof Ankle High Heel Snow Boots B01NANKAFR Parent , Men/Women Rieker Women's Y4481-00 Boots B01NAQ5HLW Parent Easy to use Excellent performance Elegant and stable packagingDocksteps Women's Boots Black Black B01NAQJR41 ParentMr/Ms Naturalizer Women's Zarie Boot B01NARH1SZ Parent for you to choose Stylish and charming a lot of varieties , Carlos by Carlos Santana Women's Corby Ankle Boot B01NAURJZN Parent , Clarks Women's Addiy Zoie Fashion Boot, Black Leather, 70 M US B01NAYVOH0 Parent , Clarks Women's Addiy Zoie Fashion Boot, Tan Leather, 70 M US B01NAYZ7EU Parent , Jambu Women's Amal Water Resistant Ankle Bootie B01NAZXMUC ParentNine West Women's Eshella Ankle Boot B01NB1RPS1 Parent , JBU by Jambu Women's Mesa Ankle Bootie B01NB26IHU Parent , Calaier Women Cabus 2016 Ladies Designer Plus Size Round Toe 3CM Block Heel Self Tie Boots Shoes B01NB9LO6X ParentMan's/Woman's N.Y.L.A. Women's Olygtory Boot B01NBA8RTW Parent Fine processing Price reduction International big nameBalaMasa Girls Foldable Heighten Inside Mule Rubber Boots B01NBA98ML ParentGentleman/Lady Xti Women's Boots B01NBB1QHU Parent Modern technology Attractive fashion Non-slipBalaMasa Girls Stiletto Zipper Solid Sequins Boots B01NBCD79B ParentMan's/Woman's Baretraps Womens Deezie Deezie B01NBE4X2Z Parent Easy to use Quality First business , BalaMasa Girls Bandage Square Heels Two-Toned PU Boots B01NBEPF5X Parent , BalaMasa Ladies Embroidered Platform Zipper Stiletto Imitated Leather Boots B01NBF4OA3 Parent , Billabong Women's Luna Ankle Bootie B01NBG4HXC Parent , Roxy Women's Martinez Winter Boot B01NBJ320R Parent ,
The Weight of Currency
What About Viscosity Corrections?
 
Comments Women Snow B01N8XYR1T Boots SPEEDEVE Waterproof Winter Boot nhta-30253 Outdoor Ski Sports Anti Skid Fur Lining Warm Boots Ski Hiking Climbing... B01N8XYR1T Parent d28248f Shoes
No comments made yet. Be the first to submit a comment
Guest
Friday, 26 October 2018
2220068
2464149
5688599
10003358
11712439
13486811
14636793
14815258
17142031