tag:blogger.com,1999:blog-3976760253516322294.post4446448556778848872..comments2023-07-16T00:53:00.535-07:00Comments on Bones Economics: Hedging for Crude Oil: An Unfair Leverage?Ringohttp://www.blogger.com/profile/09506068154852505840noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-3976760253516322294.post-49147499125823199582009-03-03T03:55:00.000-08:002009-03-03T03:55:00.000-08:00Looks like our on-going global financial crisis ev...Looks like our on-going global financial crisis eventually has the final say when it comes to crude oil prices. During the whole of February 2009, crude oil prices are staying on average three times cheaper than it used to be back in July 2008. <BR/>While gold prices seems to be very reluctant in reentering it's 2008 price peak of over 1,000 US Dollars an ounce. Many financial gurus are quite surprised about the recent strength of the US dollar.Georgia Rainhttps://www.blogger.com/profile/11511755568379483270noreply@blogger.comtag:blogger.com,1999:blog-3976760253516322294.post-15913530595953525302008-11-13T03:39:00.000-08:002008-11-13T03:39:00.000-08:00Looks like existing Hedge Funds had failed in stab...Looks like existing Hedge Funds had failed in stabilizing crude oil trading prices. As winter season in the northern hemisphere nears, will the increased demand on heating oils for home furnaces make crude oil trading prices rise. Or is it the right time for heating fuel retailers to hedge their supplies.Willow https://www.blogger.com/profile/17684677074327494291noreply@blogger.comtag:blogger.com,1999:blog-3976760253516322294.post-7501769993986578842008-11-12T02:15:00.000-08:002008-11-12T02:15:00.000-08:00As of November 12, 2008 crude oil prices are now b...As of November 12, 2008 crude oil prices are now below 60 US dollars per barrel. This decline is due to fall in demand due to the current global economic slowdown. Unlike back in July 2008 were speculators even resort to using everyone's pension funds and mutual funds to make crude oil prices artificially high. It did peak at 147 US dollars per barrel. The question now is, will crude prices reach 10 US dollars per barrel before the end of 2008? <BR/>P.S. Please check out my economics/finance/business related blog at http://thenoviceinvestor.blogspot.comSherryhttps://www.blogger.com/profile/06734540074567393781noreply@blogger.comtag:blogger.com,1999:blog-3976760253516322294.post-15018482183439395322008-10-02T03:30:00.000-07:002008-10-02T03:30:00.000-07:00In my opinion, we do need the Political will to mo...In my opinion, we do need the Political will to move away from a crude oil-based economy. Why not used the profits earned during the July 2008 "Peak Oil" period to fund research into alternative sources of energy like more efficient and effective Photovoltaic cells and wind turbines. Or is the adverts of "Big Oil" companies like Chevron and Shell frequenting CNN and the "Beeb" (BBC) showing off their forays into alternative/renewable energy research just a load of hot air?Avangeline https://www.blogger.com/profile/08238125779471846807noreply@blogger.comtag:blogger.com,1999:blog-3976760253516322294.post-83754313132879042842008-09-19T03:40:00.000-07:002008-09-19T03:40:00.000-07:00As of September 15, 2008 crude oil prices are firm...As of September 15, 2008 crude oil prices are firmly staying below the 100 US dollar per barrel mark. Economists around the globe pointed out that this "drastically" low price compared to Jully 2008 peak of 147 US dollars per barrel is due to the current global economic slowdown. In my opinion, crude oil has been increasingly maligned as an unsustainable energy source since the late 1980's. Not only because of it's negative side-effects to our environment during it's extraction and eventual use, but also it is not "Politically Correct" - to put it mildly - because ever increasing numbers of young men and women are used as cannon fodder just to maintain crude oil supply security. Do we have to build a "Crude Oil War Memorial Monument" before everyone of us decides to opt for sustainable energy? Or do we have to ask the Cabal at Halliburton on this.Letichehttps://www.blogger.com/profile/12167766662268885819noreply@blogger.comtag:blogger.com,1999:blog-3976760253516322294.post-14103629443111328812008-08-08T03:50:00.000-07:002008-08-08T03:50:00.000-07:00Texas oil tycoon T. Boone Pickens has now showed c...Texas oil tycoon T. Boone Pickens has now showed concerns over the Bush Administration's inaction to solve America's addiction to imported crude oil. Maybe we should be asking the question whether the all-time high prices of crude oil two months ago is the crude oil conglomerates and commodities speculators' fear and panic reaction over increasing venture capital funds invested in renewable energy sources which seems to have drawn interests from the major financial magazines such as Fortune and Forbes.Heidi Gailhttps://www.blogger.com/profile/06922043177578988621noreply@blogger.comtag:blogger.com,1999:blog-3976760253516322294.post-33273520810524874212008-08-06T04:16:00.000-07:002008-08-06T04:16:00.000-07:00Even though crude oil is now (August 6, 2008) a bi...Even though crude oil is now (August 6, 2008) a bit below 120 dollars per barrel, which means good news for the global economy still reeling in after being badly hit by the credit crunch. But does this mean that the commodities boom is now coming to an end? By the few months of 2008, gold reached over 1,000 dollars an ounce, now it's price just hovers below 900 dollars an ounce. Soybean, corn, and copper are now traded at a lower price compared to two months ago when crude oil reached it's record 147 dollars per barrel peak. The question now is, are the current low commodities prices good for the global economy or is just a symptom of a global economic downturn where the lower commodities prices are actually caused by falling demand?Viktor https://www.blogger.com/profile/09069481353231399452noreply@blogger.com