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An Honest Look at Your Business
There is a difference between being comfortable and being in apathy.
It is very comfortable to have a smooth running organization when you have a team that knows what to do and does it. It is comfortable to have this group take care of your...
Make Or Break Home Business Tips (And Home Based Residual Incomes That Work)
As our divine world drives furiously into this new ?Information Age? a new type of millionaire is fast emerging from the incredible changes that have been driven by the internet ? the ?Work From Home Millionaire?. This article probes into the...
New Mobile Applications Shock Market (part 1 of 2)
From:
http://www.indefinitearticles.co.uk
New Mobile Applications Shock Market (part 1 of 2)
Five stunning, new integrated mobile phone applications are set
to revolutionise the way we communicate globally, while adding a
whole...
New Year's Resolutions for Your Home Business
"Happy New Year" may be the most positive phrase in the English language. For those whose fortunes were less than they desired over the last twelve months, the new year is an opportunity to close the book and start afresh. Those lucky souls who came...
What if Peter Drucker were your CEO
Now and again, I find it healthy for my business thinking to exercise an imponderable. I get to consider problems and opportunities in an entirely different manner. It's an exercise that stretches and challenges my present business logic and forces...
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OIL DEMAND and the effects on the Global Stock Market
HOOKED ON CRUDE OIL, THE REAL STORY.
Without oil, the world shuts down. We burn through 27 Billion
barrels per year. Even 90% of the chemicals we use for farming,
making drugs and making plastics... all come from oil. It's a
habit we can't quit. Some of us commute a hundred miles per day
to and from work. Six billion people. Driving 700 million cars.
Globally, cars alone outweigh humans by 4 to 1. Every day, each
car uses four times more energy in fuel than people need in
food. At the airport, a thousand planes a day take off and land,
each carrying as much as 24,000 gallons of fuel. Passenger jets
alone burn about 1,200 gallons of fuel each hour!
YOU SEE THE POINT. As long as we can keep that oil coming, we've
got no problem. Life goes on. If that source of cheap oil
disappears... we're talking catastrophe. It's nearly
unthinkable. And yet as early as July 2, 2006, that's exactly
the kind of cataclysmic disaster you can expect. It's virtually
guaranteed...
The New Oil -'Cheap' At $150 a Barrel? This isn't a 'maybe'
scenario. There are no politics to fix. No quotas to double or
contracts to sign. 'E-Day' - the day when cheap oil disappears
forever - IS coming. IT'S VIRTUALLY GUARANTEED. Over the last
five years, the world burned 27 billion barrels per year. But
the oil industry only discovered 3 billion new barrels per year.
How long can you use up nine times what you're finding in
replacement? Not long!
In the 1930s, a geophysics professor at Columbia University made
a discovery worth billions of dollars to oil investors and oil
companies. He discovered how a liquid under pressure - like oil
- can get trapped under hard rock. He also discovered how to get
it out. And oil companies STILL use his discovery to find and
recover millions of gallons of oil. Oil they otherwise would
have missed completely. But then Dr. Marion King Hubbert made
another discovery. In 1956, Hubbert discovered that oil fields
CHANGE dramatically as you drain out the oil. At first, barrels
of crude come squirting out of the drill hole. That's when times
are easy. But after years of pumping, pressure disappears.
Suddenly, the REST of the oil gets
harder and more expensive to
draw out. When your entire business depends on how much oil you
have in reserve, this is a very big deal. In fact, the biggest
deal. When you get to the halfway drainage point - the 'peak' -
the cost of getting the rest of the oil out skyrockets. Supply
enters a permanent downward spiral. And pretty soon you have to
look somewhere else if you don't want to run out of petroleum.
In 1956, Hubbert worked for Shell Oil. His bosses BEGGED him not
to release his controversial 'peak oil' findings. But during a
speech, he painted a chilling picture nonetheless... for a room
full of oil executives and engineers. He told them that by 1970
the United States - the world's largest oil power - would hit
its own devastating oil production 'peak.' Now, you've got to
picture this. At the time, America could crank out more oil than
any other country in the world. So nobody believed him. In fact,
they ridiculed him. And the controversy that followed nearly
ruined his career. Shell even hired other geologists willing to
put the peak date in 1990 or even 2010... and Hubbert was all
but shunned by the industry bigwigs. But guess what happened.
Like clockwork... The United States hit its production peak in
1971! Oil well after oil well across Texas and Louisiana started
to dry up. Domestic oil production took a downturn and never
recovered. Within just three years, gas and oil prices soared...
and U.S. oil imports TRIPLED. OPEC suddenly had an advantage
over the United States it had never had before. And the face of
oil economics... and oil politics... changed forever. Hubbert
had been right. Many people got wiped out financially during the
crisis that followed. But it turns out that was only the
beginning! =======================================
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prior consent to do so, just don't change a thing.australian share
trading By Nik Halik =>
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===========================================
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