Feet First 28197 Fashion Madison Womens High Wedges First Heels High Platforms T Bar Sandals Ladies Flower Shoes New B07DW48DDK Parent 28f527b

Dynamic solutions for a fluid world™

3 minutes reading time (616 words)
Feet First 28197 Fashion Madison Womens High Wedges First Heels High Platforms T Bar Sandals Ladies Flower Shoes New B07DW48DDK Parent 28f527b 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.

Salabobo Womens Sexy Fashion Night Club Party Platform Heighten Block Heel Wedges Cloth Sandal B01KJVBT40 ParentNew Look Women’s Pauline 5596389 Open Toe Sandals B079SQ6TPX Parent , HAINE Women Chelsea Shoes Mid Block Heel Faux Leather Suede Ankle Boots with Pull on Elasticated Tab Rounded Toe B07H8Y45CS ParentAngkorly Women's Fashion Shoes Sandals Ankle Boots - Booty - Gladiator - Sexy - Fringe - Pom Pom - Studded Block... B06XYHKWFJ ParentLunar Womens Rose Gold Jewelled Flat Sandal B07BXT9PFP Parent , Solshine Women Black Leather Shape Ups Platform Sandals Velcro Strap Summer Shoes B07DCBZT5H ParentWomens Ladies Diamante Toe-Post Everyday Summer Casual Comfort Slip-on Flat Sandals Shoes Size B07D8YWW5Z Parent , Angkorly Women's Fashion Shoes Sandals Espadrilles - Open - Embroidered - Cord - Shiny Wedge Platform 9.5 cm B06XYT8S2P Parent , JOE N JOYCE Rome SynSoft Sandals Narrow B01MSE5T3Z ParentAjvani Womens Ladies high Heel Platform Ankle Strap peep Toe Shoes Party Sandals Size B00Y78U0DS ParentSiebi's TENNO WELLNESS Beach shoes and Bathing sandal Ladies B00CXUTPCY Parent , Carolbar Women's Casual Block Heel Slingback Sandals B07BFTB859 Parent , CoolCept Women High Heel Sandals Strappy Block Heels Platform Summer Shoes Ankle Strap B01DXNAA5K Parent , Women's Summer Bohemia Clip Toe Sandals Boho Outdoor Beach Ladies Flip Flops Flat T-Strap Toe Post Thongs Shoes... B07BC8S8W1 Parentsunnymi@Ladies Womens Party Prom Bridal Evening Fashion Comfortable High Heels Shoes Sandals Size Fish Mouth Slipper... B07C9CSGPJ ParentAgodor Womens High Heels Mary Janes Ankle Strap Court Shoes Stiletto Open Toe Sandals Summer Party Shoes B079CFPY1Y Parent , Angkorly Women's Fashion Shoes Sandals Pump Court Shoes - Stiletto - Ankle Strap - Ruffle - Jewelry - Rhinestone... B07BLHPFGM Parent , Women's Sandals High Heel Block Heel Fish Mouth Fashion Women's Shoes(B6) B07DQSF6KT Parent , Chic Feet Diamante Party Wedding Prom Evening Low Heel Sandals B07F38NFND Parent , Oxygen Footbed Sandal Electra Blue B073B22W6H Parent , JOJONUNU Women Open Toe Summer Sandals B079Z7C6CD ParentTAOFFEN Women Closed Toe Ankle Strap Sandals Shoes B07FR68CD6 Parent , PDQ Womens/Ladies Padded Leather Toggle Sport Sandal B07DMC2TVM ParentTAOFFEN Women Stylish Heels Sandals Slingback B07DQGLHM2 ParentSHU CRAZY Womens Ladies Metallic Sling-Back Mid Block Heel Fashion Summer Sandals Shoes - N42 B07C8BRJKB Parent , Cotton Traders Leather Sandals Womens Ladies Slip On E Fit Summer Shoes Black 7UK B01A8HGHT2 ParentDolce Vita Women’s Henlee Slide Sandal B07B24CL8Z Parent , QIMAOO Womens Strappy Sandals Low Block Heel Buckle Ankle Strap Peep Toe Pumps Summer Sandal Ladies Shoes for... B07DG2SWWJ ParentAngkorly Women's Fashion Shoes Sandals Mules - Slip-On Block High Heel 4 cm B079K2H5F6 Parent ,
The Weight of Currency
What About Viscosity Corrections?
Comments Feet First 28197 Fashion Madison Womens High Wedges First Heels High Platforms T Bar Sandals Ladies Flower Shoes New B07DW48DDK Parent 28f527b Shoes
No comments made yet. Be the first to submit a comment
Friday, 26 October 2018