June 6, 2008

part 1

erm..ni post yang sangat tak menari hati..sorry..tapi this is for those out there,yang getting cranky about oil price hike..

im goin to do a 3 part post about WHY OIL PRICE KEEP RISING,HOW TO TACKLE RISING OIL PRICE AND GREEN RENEWABLE ENERGY...

the first part,WHY OIL PRICE KEEP RISING?

there are a lot of factors that contribute directly to why the oil price keep increasing..

here are some of the factors ive summarise

for of many reason is SPECULATION,seems there's speculation that crude oil will not be sufficient for future use..this speculation rise,because its getting harder to get and find oil reserve,and though some countries might have large oil reserves,this country is politically unstable,thus the oil reserves cannot be explore by foreign companies..

another factors is the LARGE APPETITE FOR CRUDE OIL BY CHINA AND INDIA,this 2 countries use most of the crude oil reserve,because of its road to an industry driven country in the future,in future,this 2 countries will take over global economy over US and Europe countries

another factor,is WEAK US DOLLARS now,crude oil is in US dollars,when it slump,it help foreign investors to buy US dollars driven commodities,because they view US dollars as cheap..

GLOBAL DEMAND is another factors,because its is directly directed to production of crude oil around the world..its a simple math equation,more demand,less production,higher price..

so here are some of the summary of the factors..the link for all this below..

Al-Jazeera
Manila Times
Firstrung

3 comments:

-_- said...

minyak takkan kehabisan di dunia ini. cuma kos untuk mengeluarkan minyak tu mungkin akan menjadi tidak berbaloi. mungkin satu hari nanti kita perlu menggunakan 5 tong minyak untuk mendapatkan 1 tong minyak.

minyak still ada. bapak aku pindah kl pun sebab dia ada projek cari tapak baru.

apa kata korang semua carpool dan naik pengangkutan awam untuk menangani masalah ni. takpun, naik motor je.

minyak naik, tu kita tak boleh nak halang. sebab global pun price market pun naik gak.

we need to change our lifestyle.

-_- said...

oops.. kau dah mentioned dalam entri2 sebelum ni. tak perasan lak.

still, we need to change our lifestyles.

:)

Haniff said...

heee..yup..yup..

sometimes,it make u think..kalau harga minyak makin naik?patutnya makin byk kompeni melabur dalam bidang ni kan?tapi kenapa kita tak nampak benda tu?

satu je sebab..sebab dia org taknak harga minyak turun..there was a time when 1 barrel of crude oil just 10 US dollar

so benda ni mmg tak bleh dielakkan..people growing,spaces getting low..more demand on energy..we should learn to change our lifestyle