Cheaper oil: Both symptom and balm | The Economist

[alice malice]

here are those graphs:

http://www.yardeni.com/pub/globdemsup.pdf



On Sun, Oct 19, 2014 at 7:05 AM, alice malice <alicewmalice at gmail.com> wrote:
> Here's oil in graphs. Take a look at non-OECD demand, it is moving up
> quickly, as OECD demand declines, and notice that non OPEC supply is
> passing through OPEC supply.
>
> Global GDP is shifting from the OECD to the EM and Developing world.
> So the poorer nations are moving up as the rich ones stagnate, and it
> is these developing and poorer nations that are and will be demanding
> all the energy.
>
> There is an advantage to "backwardness"
>  in that poor nations can install the latest technology and leapfrog
> over the track that developed nations set down. Some of this is
> happening the BRICS, so Hydro-electric plants in Brasil, but to get
> the developing world to leapfrog into greener and cleaner energy takes
> capital investment and stability. Both are improving as credit is
> cheap and, even with Syria and Ukraine and etc. the world is more
> stable now than ever.
>
> Peace is good for economies and so is love.
>
> On Sun, Oct 19, 2014 at 6:51 AM, alice malice <alicewmalice at gmail.com> wrote:
>> Saudi  Arabia and the USA are working together against Iran and Russia
>> and Syria. This is the biggest thing going on in oil. SA production
>> costs are super low, but it needs a price around 80 to balance its
>> budget, but it can run deficits because it has great credit and it is
>> willing to do so to keep its customers and keep the USA happy and
>> Russia and Iran unhappy.
>>
>> As far as the US consumer, she will spend those dollars saved at the
>> pump and more.
>>
>> Demand for oil is still rising and will continue to rise, though a bit
>> soft now as China soft lands here, it will pick up and climb for the
>> foreseeable future. Oil is a plenty and the demand will be there too.
>>
>> The technology is improving so quickly, the US may be able to reduce
>> production cost of WTI to 40 inside a decade.
>>
>> What a difference a decade makes.
>>
>> Will this put an end to the middle east obsession? Will Israel need a
>> new game plan?
>>
>> We can hope.
>>
>>
>>
>> On Sun, Oct 19, 2014 at 4:51 AM, Mark Kohut <mark.kohut at gmail.com> wrote:
>>> The compounding growth rate of renewable energy sources---still only a small
>>> part---some say 13-20% MAYBE, is happening and is the hope.
>>>
>>>
>>>
>>> Sent from my iPad
>>>
>>> On Oct 18, 2014, at 8:04 PM, Ian Livingston <igrlivingston at gmail.com> wrote:
>>>
>>> I really hope we give up the search for that and look for the most
>>> harmonious balance instead.
>>>
>>>
>>> On Sat, Oct 18, 2014 at 4:57 PM, Mark Kohut <mark.kohut at gmail.com> wrote:
>>>>
>>>> The world and total energy consumption, oil vs. renewables, is a HUGE
>>>> number and very complex, is all.
>>>>
>>>> there is, of course, an upper limit to the amount....where is that limit?
>>>>
>>>> Sent from my iPad
>>>>
>>>> > On Oct 18, 2014, at 6:17 PM, Becky Lindroos <bekker2 at icloud.com> wrote:
>>>> >
>>>> > Airline tickets are down short-term - two weeks or more advance and
>>>> > they’re about the same or up.
>>>> >
>>>> > Bekah
>>>> >
>>>> >> On Oct 18, 2014, at 3:05 PM, Mark Kohut <mark.kohut at gmail.com> wrote:
>>>> >>
>>>> >>
>>>> >>
>>>> >> http://www.economist.com/news/finance-and-economics/21625819-oil-price-tumbling-good-or-bad-news-world-economy-both?fsrc=scn/tw/te/pe/bothsymmptomandbalm
>>>> >>
>>>> >>
>>>> >> Sent from my iPad-
>>>> >> Pynchon-l / http://www.waste.org/mail/?list=pynchon-l
>>>> >
>>>> > -
>>>> > Pynchon-l / http://www.waste.org/mail/?list=pynchon-l
>>>> -
>>>> Pynchon-l / http://www.waste.org/mail/?listpynchon-l
>>>
>>>
-
Pynchon-l / http://www.waste.org/mail/?list=pynchon-l