Puma Women’s Women’s Eskiva Mid Gray Filtred Hi-Top Puma Sneakers, Gray B01CL88QEU Parent 712223a

Dynamic solutions for a fluid world™

3 minutes reading time (616 words)
Puma Women’s Women’s Eskiva Mid Gray Filtred Hi-Top Puma Sneakers, Gray B01CL88QEU Parent 712223a 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.

Under Armour Women UA W Micro G Fuel RN Training Running Shoes, Orange (London Orange 404), 5 UK 38 1/2 EU B01GPKZ3MS Parent , Doggo Unisex Adults' Sammy Low Rise Hiking Boots B078H8B35M Parent , Teva Women’s W Terra-Float Livia Sandal, Purple, B(M) B018S305W8 ParentCMP Unisex Kids' Rigel High Rise Hiking Boots, Grey B07CDSR449 Parent , Asics Unisex Adults' Gel-Lyte V Sanze H8h4l-9090 Cross Trainers, White B079HRM2M2 ParentReebok Cl Nylon Slim Hv, Women’s Sneakers B078NDWJMX ParentPuma Faas 500 V4 Power Warm, Women's Training Running Shoes B00ZTVR49K Parent , Salming Speed Women's Running Shoes B00J0Y62SG Parent , Saucony Women’s Jazz Original Vintage Cross Trainers B077XY8J9F ParentMerrell Women’s Terran Strap Ii Sandals B00YDITQVE ParentJerusalem Sandals Women’s Bashan Molded Footbed Slide Sandal B075KZ62PL Parent , Vince Camuto Women’s Haydan Slide Sandal B075FRN48H Parent , Merrell Capra Sport GTX Low Womens Hiking Shoes B01N9YEFKN Parent , Dolce Vita Women’s Corey Slide Sandal B078BR8FR1 Parent , Gabor Comfort Women's Shoes 46.063 Women's Sandals B018CLPEJA Parentadidas Women’s Durama W Running Shoes B01MQYW7H1 ParentAsolo BLADE GV ML, Women's Low Rise Hiking Boots, Blue (Azure / Avio), 5.5 UK (39 EU) B01N26G4YK Parent , Onemix Mens Womens Air Sports Running Shoes Music Rhythm 1st Generation Kintting Breathable Sneakers Unisex Adult B0778ZB2DG Parent , Joma Unisex Adults' Top Flex Futsal Shoes B01MXNZPDW ParentCalvin Klein Sports Shoes - Basketball Womens Black Schwarz (Noir) Size: 3.5 (36 EU) B006LXKUL4 Parentadidas Trail Rocker, Women's Trail Running Shoes B0177KG0BI ParentWomen 'S High Heeled Shoes Sequins Showcases 20cm Pole Dance Temperament Dance Sandals B075FMHFX9 ParentI-Path Skate Shoes -- Artisan-- Black/White B00ENQRIQG Parentadidas Women's Vs Advantage Clean W Sneakers B01N6735VD ParentNorthwave Katana 2 Women's Cycling Shoes, Womens, Katana 2 B01LYCLH0C ParentAsics Women's Gel Fast Ball Handball Shoe B00KYCLETA Parent , Columbia Women’s ATS Trail Lf92 Multisport Outdoor Shoes B073WDJLLR ParentSalomon Women’s X Ultra 3 W Low Rise Hiking Boots B073JZL26D Parent , Reebok Women’s Cn1434 Running Shoes B078QDNP7K Parent ,
The Weight of Currency
What About Viscosity Corrections?
Comments Puma Women’s Women’s Eskiva Mid Gray Filtred Hi-Top Puma Sneakers, Gray B01CL88QEU Parent 712223a Shoes
No comments made yet. Be the first to submit a comment
Friday, 26 October 2018