Blowfish nhta-30285 Women's Ankle-High Bungalow Ankle-High 30286 Sandal B014EJHUSC Parent 8ad3991




Dynamic solutions for a fluid world™

3 minutes reading time (616 words)
Blowfish nhta-30285 Women's Ankle-High Bungalow Ankle-High 30286 Sandal B014EJHUSC Parent 8ad3991 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.

W&W Women Ladies Evening Comfort Velvet Peep Toe Wedding Sandal Block Heel Shoes Size (Nisha) B0162HA4XM Parent , Gentlemen/Ladies XTI 030582, Women’s Sandals B01N35GGVU Parent Not so expensive New in stock valueGioseppo Women’s 44438 Open Toe Sandals B0792MVXB3 ParentBATA Women’s 561361 Ankle Strap Sandals B078K5CYRN ParentGioseppo Women’s 45315 Open Toe Sandals B0798JLGCB ParentGioseppo Women’s 45302 Open Toe Sandals B0798CWLK3 Parent , FIND Women's Fuzzbed Swan Slider Sandals B06XRYKSFZ Parent , Alexis Leroy Lightweight Dual Buckle Ankle Strap Women's Flat Sandals B01ARFLAH4 ParentKOALA BAY Women’s Fortaleza Open Toe Sandals B079TLJ8KM ParentArena Women’s Athena Woman Hook Beach and Pool Shoes B007JV6OOE Parent , GERRY WEBER Women’s Saskia 05 Sandals B01M4LVV45 ParentBuffalo 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 ParentLemontree Womens Summer Bohemia Flat Flip Flop Sandals 278 B01CK3VCV0 ParentW&W Women Ladies Diamante Slip On Party Evening Shoes Sandals (SAN 2031) B00V673R10 ParentLadies diamante studded high heel ankle strap party shoes B00TR8WGJO Parent , INBLU Women’s Bianca T-Bar Sandals, Black B0787N71BJ ParentXTI Women’s 47895 Open Toe Sandals B0778R1K9G ParentGioseppo Women’s 44927 Open Toe Sandals B078W6NR3J Parent , Gioseppo Women’s 43275 Platform Sandals B078W88QPG Parents.Oliver 28333, Women’s Wedge Heel Platform Sandals B017EE28NQ ParentMTNG Women’'s New Lily Open Toe Sandals B0778TXFQ4 ParentLes 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 guaranteeBunker Sandal, Women’s Ankle Strap Sandals B01735NLPU Parent
The Weight of Currency
What About Viscosity Corrections?
 
Comments Blowfish nhta-30285 Women's Ankle-High Bungalow Ankle-High 30286 Sandal B014EJHUSC Parent 8ad3991 Shoes
No comments made yet. Be the first to submit a comment
Guest
Friday, 26 October 2018
2763883
4503855
4544004
9402575
9669514
10053370
11847597
14087810
14146275