Steve Flat Madden Open Women’s nhta-30221 Jessy Flat Sandal Open Toe B0783NKQ29 Parent ef9401d




Dynamic solutions for a fluid world™

3 minutes reading time (616 words)
Steve Flat Madden Open Women’s nhta-30221 Jessy Flat Sandal Open Toe B0783NKQ29 Parent ef9401d 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.

KOALA BAY Women’s Johansson Open Toe Sandals B079TDB34P Parent , KOALA BAY Women’s O'Connor Open Toe Sandals B079TLRMBP Parent , KOALA BAY Women’s Travis Open Toe Sandals B079TLL41K ParentKOALA BAY Women’s Klassa Open Toe Sandals B079X4Q219 Parent , KOALA BAY Women’s Britannia Open Toe Sandals B079TLRMCS ParentVanessa Wu Women’s Paula Open Toe Sandals B07B16ZTYP ParentONLY Women’s Onlbalsa Heeled Open Toe Sandals B07CC7HMM3 Parent , KOALA BAY Women’s Lexinton Open Toe Sandals B079TMVWXK Parent , Grunland Women’s Palo Open Toe Sandals B079G5ML6X ParentKOALA BAY Women’s Lauper Open Toe Sandals B079XJW95Z ParentPollini Women’s W.Sandal Ankle Strap Sandals B07B7YX84H ParentLemon Jelly Stella, Women’s Sandals B019YCII4Y ParentClarks Women's Helio Float Wedge Sandal B01360FHD0 Parent , W&W Women Ladies Evening Comfort Velvet Peep Toe Wedding Sandal Block Heel Shoes Size (Nisha) B0162HA4XM ParentGentlemen/Ladies XTI 030582, Women’s Sandals B01N35GGVU Parent Not so expensive New in stock valueGioseppo Women’s 44438 Open Toe Sandals B0792MVXB3 Parent , BATA Women’s 561361 Ankle Strap Sandals B078K5CYRN Parent , Gioseppo Women’s 45315 Open Toe Sandals B0798JLGCB ParentGioseppo Women’s 45302 Open Toe Sandals B0798CWLK3 Parent , FIND Women's Fuzzbed Swan Slider Sandals B06XRYKSFZ ParentAlexis Leroy Lightweight Dual Buckle Ankle Strap Women's Flat Sandals B01ARFLAH4 Parent , KOALA BAY Women’s Fortaleza Open Toe Sandals B079TLJ8KM ParentArena Women’s Athena Woman Hook Beach and Pool Shoes B007JV6OOE ParentGERRY WEBER Women’s Saskia 05 Sandals B01M4LVV45 Parent , Buffalo 15bu0177 Leather Pu, Women’s Open Toe Sandals B017KKCZ8C Parent , New Look Women’s Rocket 5739817 Ankle Strap Heels B07D5PX939 ParentWOMENS LADIES STILETTO HEEL STRAPPY EYELET OPEN TOE PARTY SANDALS SHOES SIZE 3-8 B01DZWBGZM ParentMoonah Ladies Premium Quality Cushioned Footbed Sandals B074SX533B ParentBlack Patent high heel party / prom shoes with diamante t-bar B00L0YIUFW Parent
The Weight of Currency
What About Viscosity Corrections?
 
Comments Steve Flat Madden Open Women’s nhta-30221 Jessy Flat Sandal Open Toe B0783NKQ29 Parent ef9401d Shoes
No comments made yet. Be the first to submit a comment
Guest
Friday, 26 October 2018
245840
645157
2496807
7527496
9061622
9122317
10925268
11166876
12652376