Monday, January 11, 2010

Who should be on high gasoline prices to Blame?

Tired of the hard-hit gas tanks crazy high oil prices? Me too! International crude oil prices are updated each pair of oil into the screaming headlines. The most disturbing facts, news headlines, this is only the beginning. How much money?

Who is responsible? Lets review some of the reasons, you need to pump more than the shell.

This oil shell game to destroy millions of lives. If the voltage isResponsibility in the Middle East? Is a major petroleum company, an empty laugh all the way to the bank, and in your budget? Therefore, if we want to thank these price volatility? It is the battle between businessmen to enter the long-term or short-term crude oil futures contracts trading in large banks? Are all connected to the Alberta oil sands do?

The most commonly heard reason is that there is a by China and India's explosive economic growth in oil demand increased significantly. NationalJustcan't production of oil it needs. Even Saudi Arabia has recently announced that it has always been the supply to meet demand, the market yawned.

Is there any truth to this argument is that?当然. This is very important? No

To go out at full speed in recent years has led to increased demand for oil economy. The fact is, about 4% of the world's population and 25% of world oil use, the U.S. accounts. However, this is not the only reason for oil --The pain of higher prices.

Demand for oil, although not 100 percent, oil prices rose in the past 11 months. What is this picture?

For more than a generation, affecting the dollar price of goods. A strong U.S. dollar most of the time led to lower oil and gold prices. Weakening of the dollar has reached an incredible leading an unprecedented commodities. Goods are in U.S. dollars, the product price to compensate for changes inValue of the dollar.

Lower U.S. dollar exchange rate, prompting oil and the price of gold moves, so you remain at the pump. Since September, 2007, Federal Reserve Chairman Ben Bernanke, interest rates seven times, the biggest reduction occurred in 2008 these reductions. During the same period, in September 2007 rose by 69.26 U.S. dollars price of oil in April 2008 to 110 Yuan, a price cut of. Today, the price of oil is about 130 per barrel.

This provides an explosive mixFor the drivers. Hard-working Americans to pay 1 dollar depreciation of gas stations to thank Mr. Bernanke gasoline prices. Lower interest rates to help the real estate crisis, bank. On the contrary, it helps the dollar's value and impact of relatively small increase in gasoline retail prices.

I do not want to say, but the dealers are mainly large-scale commodities and futures products fueled the bubble. For any bubble to take over the emotions. "This time difference." If historyTell us what you have never different this time. They continue to view that demand for oil will feed power to more than $ 200 oil prices, they do not want to miss the opportunity.

So, what can you do? In the next article, we will tell you how to use the benefits of this trading opportunities.

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