Lower Oil Prices Give a Lift to the American Economy

[krafty]

http://www.nytimes.com/2014/11/14/b...give-a-lift-to-the-american-economy.html?_r=0

 

[TracyTan866]

http://www.nytimes.com/2014/11/14/b...give-a-lift-to-the-american-economy.html?_r=0

low oil price is temporal.

What is important is for USA to get its basics right. The same applies to SG. SG's economy is headed for recession if high rentals persist

 

[war is best form of peace]

Start a big war ASAP to crush US economy into collapse. US$ bcome toilet paper Wall Street permanantly vanish.

 

[parrardee]

Low oil prices screw Russia too so it is a double benefit for the USA.

 

[syed putra]

This shale oil puts US at a huge advantage over other economies. Japan better start their nuclear reactors soon if they want to compete as prices for LNG in Asia is many times that of US.

 

[parrardee]

low oil price is temporal.

What is important is for USA to get its basics right. The same applies to SG. SG's economy is headed for recession if high rentals persist

Very true it is all artificially priced with the aid of speculators.

 

[parrardee]

This shale oil puts US at a huge advantage over other economies. Japan better start their nuclear reactors soon if they want to compete as prices for LNG in Asia is many times that of US.

True also as oil prices are tools of war of the US and Arabs.

 

[krafty]

oil also known as liquid gold moves in stride with gold prices. anybody who buys gold at this juncture ought to be slapped by their mothers. anyway, from this piece of news, tonight's bee kok retail sales release will be better than 0.2 forecasted.

take my word for it...

 

[Luvurbaht]

oil also known as liquid gold moves in stride with gold prices. anybody who buys gold at this juncture ought to be slapped by their mothers. anyway, from this piece of news, tonight's bee kok retail sales release will be better than 0.2 forecasted.

take my word for it...

If their mother not alive then how?

 

[krafty]

then go get slapped by their wives...

If their mother not alive then how?

 

[congo9]

Low oil prices screw Russia too so it is a double benefit for the USA.

Teach these oil Baron a lesson.

In 2002, oil was just trading at $25 USD per barrel. in 6 years time, it balloned to $148 per barrel in 2008.

Now ask them to make a few dollar less to balanced out and they are making so much noise. Probably, we need to starved these Muslim country a bit more so that terrorist can be taught a lesson of humility.

It just take the money spend on the crude to spend on other things. It will balance out.

 

[parrardee]

Teach these oil Baron a lesson.

In 2005, oil was just trading at $25 USD per barrel. in 10 years time, it balloned to $148 per barrel in 2008.

Now ask them to make a few dollar less to balanced out and they are making so much noise. Probably, we need to starved these Muslim country a bit more so that terrorist can be taught a lesson of humility.

Wow I didnt know it was so low in 2005. Was it the regular price then or was it for a short period because it was pressed down by the speculators? Hope it comes down some more so things can be cheaper.

 

[congo9]

Wow I didnt know it was so low in 2005. Was it the regular price then or was it for a short period because it was pressed down by the speculators? Hope it comes down some more so things can be cheaper.

http://www.macrotrends.net/1369/crude-oil-price-history-chart

You can probably see the pricing of the crude.

 

[parrardee]

http://www.macrotrends.net/1369/crude-oil-price-history-chart

You can probably see the pricing of the crude.

Thanks I'll look later and I'm sure it will be interesting reading seeing how it must have jumped up so quickly.

 

[krafty]

why you all like to talk history? future is more important...

 

[congo9]

why you all like to talk history? future is more important...

Knowledge of History to know the future.

 

[krafty]

Wise... but history is no guarantee of future.

Knowledge of History to know the future.

 

[krafty]

scratch head...why gold price went up, what is the news? now i can see how far the market makers syndicate can tahan. whole world shorting gold, i never mind one, i short gold, but it's worthwhile to see these pple in action.

 

[krafty]

i will hold, i want to see how long the syndicate can hold too. haha...lmfao

 

[frenchbriefs]

Wise... but history is no guarantee of future.

we cannot predict the future but what we know for certain is history,but by studying financial history for the last 400 years will give us the clues of what will happen again in the future.one thing for sure is human nature is predictable,they will repeat the same things over and over again.