CRUDE OIL - A SHRINKING RESOURCE

CRUDE OIL, ENERGY, SHIPPING

Friday, March 05, 2010

Sanitizing the monkey business

If God must be crazy, then man has really gone crazy now. Over the years, science and education have unravelled the mysteries of nature and at the same time created a parallel phoney virtual world where you bust one and create two new myths.

We now live in a world where speculation and gambling are known as hedging; and hoarding is called storage. 100mbbls in floating tankers and much more in shore tanks, will always result in a sawtooth wave market. Manipulations are too many, but basic principles of economics will hold good till the end. Plateau or the peak is an abuse in economics but it's the ultimate reality and the start of the journey towards the moment of truth.

Let's try and make it more peaceful and respectful, I mean the 'finis'.

Google
 
Bottom: Go Top