Pollini Women’s W.Sandal 26548 Ankle Strap Sandals Ankle nhta-26548 B07B7YX84H Parent 7df8fb2




Dynamic solutions for a fluid world™

3 minutes reading time (616 words)
Pollini Women’s W.Sandal 26548 Ankle Strap Sandals Ankle nhta-26548 B07B7YX84H Parent 7df8fb2 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.

XTI Women’s 47895 Open Toe Sandals B0778R1K9G Parent , Gioseppo Women’s 44927 Open Toe Sandals B078W6NR3J Parent , Gioseppo Women’s 43275 Platform Sandals B078W88QPG Parent , s.Oliver 28333, Women’s Wedge Heel Platform Sandals B017EE28NQ Parent , MTNG Women’'s New Lily Open Toe Sandals B0778TXFQ4 Parent , Les Tropéziennes par M. Belarbi Bianca, Women’s Sandals B077PZLR3S Parent , Mr/Ms Schutz 18352007v, Women’s Sandals B00VXFQ34I Parent for you to choose Price reduction negotiation , Man/Woman Giudecca Jycx15ab9-1, Women’s Sandals B016WFGU32 Parent sell Optimal price Authentic guarantee , Bunker Sandal, Women’s Ankle Strap Sandals B01735NLPU Parent , xyxyx Sandale, Women’s Ankle Strap Sandals B01735RKSY Parent , Blink Bkural, Women’s Open Toe Sandals B0186UTB1E Parent , Lotus Women’s Binnie Open Toe Sandals B01M8G02DN ParentLes P'tites Bombes Women’s Sapho Platform Sandals B01MR7X73B ParentLes P'tites Bombes Women’s Pensee Open Toe Sandals B0785FG34Q ParentCucu Fashion New Womens Flower Sandals Ladies Girls Flat Diamante Studded Floral Flats Peep Toe Ankle Strap Flat... B072LZK9MS ParentTilly London High End Womens Studded Strappy Sandals High Heel Designer Feather Diamante Pearl Shoes Court Stiletto... B074CYXMRM Parent , SPYLOVEBUY CARLIE Women's Glitter Platform Flat Loafer Shoes B075ZVXL2S Parent , Slydes Peep Black Women's Slider Sandals B077HPR7QQ ParentFlip Flop Original Cross Candy, Women’s Open Toe Sandals B016WGSJKI Parent , Blowfish Women's Balla Wedge Sandal, Birch Rancher Canvas/Mushroom Dyecut Pu, 6 B(M) US B00ZW7LZ8W ParentMarco Tozzi Women's 27100 Open Toe Sandals B01FFVKNM8 Parent , Ipanema Women’s Infinity Sand Fem Flip Flops, Black B01MYZ1LY5 Parent , Miss KG Women’s Dreya Open Toe Sandals B01M8LFEN1 Parent , Papillio Ellen Birko-Flor, Women’s Ankle Sandals B01N9HI7VJ Parent , Aldo Women’s Maxxim Flatform Sandals B01MF4VRWA ParentIpanema Maxi Fashion Ii Fem, Women’s 0 B01MXXHL0E ParentThe Divine Factory Women’s Adriana Sling Back Sandals B077TY9MK6 Parent , Ipanema Women’s Wave Tropical Fem Flip Flops B01N8ZY8IE Parent , Royal RepubliQ Womens Wayfarer Mule - Nude Closed Sandals, B077ZC94HT Parent
The Weight of Currency
What About Viscosity Corrections?
 
Comments Pollini Women’s W.Sandal 26548 Ankle Strap Sandals Ankle nhta-26548 B07B7YX84H Parent 7df8fb2 Shoes
No comments made yet. Be the first to submit a comment
Guest
Friday, 26 October 2018
2337503
3893366
6820522
10426749
12958633
13049840
15304279
17004136
18105280