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 what IF the oil bubble burst?

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TSdeity01
post Jun 23 2008, 01:45 AM, updated 18y ago

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what IF, a big IF, the oil bubble burst???? what will happen to the stock market???
BlaBlaBoy
post Jun 23 2008, 01:52 AM

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Back to 1997
RoxyGal
post Jun 23 2008, 01:57 AM

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QUOTE(BlaBlaBoy @ Jun 23 2008, 01:52 AM)
Back to 1997
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wors than this

it will be back to 1943

world war
paradiseboy
post Jun 23 2008, 02:07 AM

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sure inflation and economy crisis.
Barang Naik!!
skiddtrader
post Jun 23 2008, 02:43 AM

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Huh?? What do you guys mean? I think that the best think to happen if the oil bubble were to burst.

Why? ;

1: Transportation costs down.
2: Utility costs down
3: Cheaper airline fares
4: Lower freight rates
5: Manufacturing costs down
6: Automotive industry will be revived.
7: Raw materials for everything plastic/polystyrene would be down

But bad points;

1: Government tax collection from oil companies would be down
2: Less business for oil industry service companies (but they are small number anyway)
3: Due to less tax from oil companies, development of infrastructure might be scaled down.


So to conclude, people will be happier but will be driving down shittier roads. laugh.gif
hanif444
post Jun 23 2008, 12:54 PM

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we will wait and see
kbandito
post Jun 23 2008, 02:08 PM

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If it is true that speculators are holding a billion barrels of crude oil, price is going to go up more, and goes down gradually.
forbidden84
post Jun 23 2008, 05:11 PM

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i think many ppl who invest oil will need to jump from building
cherroy
post Jun 23 2008, 05:50 PM

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I think some people misundertand the term oil bubble burst & oil bubble

Oil bubble mean oil price shoot to unrealistic high.
Oil bubble burst mean sky-rocketing oil price bubble become deflated, aka burst. Oil price plunged down significantly.

sinclairZX81
post Jun 23 2008, 05:53 PM

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I think the bubble is going to get a bit more bigger before it can burst.

But when burst, dunno lar, if you are involved in that industry directly, then maybe hard times will come. But other industries will enjoy cheaper fuel.
kaybin
post Jun 23 2008, 05:56 PM

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I think it will gives a big boost on the economy, increasing of demand in almost all sector.

It is very hard to tell how stock market would response, it will fluctuate dramatically as people trying to adapt to changes.

I won't be surprise with a very inelastic response from government in terms of oil subsidy.

Traffic?.....jam!
kapitan
post Jun 23 2008, 11:05 PM

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Nah, I dont think it will burst so easily.
They bought so cheap and now with prices so high, their average still pretty low. Now if you are in need of oil and someone approach you to sell you USD120 per barrel, you wont even think twice.
TSdeity01
post Jun 24 2008, 12:17 AM

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well...i also think that stock market will rise, lower inflation...but i do like to hear about those who say "sure it will cause inflation and economy crisis."
cos i still think it is not so simple...
maybe we need another point of view...
hanif444
post Jun 24 2008, 09:39 AM

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$136.40 now...
dreams_achiever
post Jun 24 2008, 08:50 PM

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If oil bubble burst, it will be good news to everyone in this world.
Share market will boost by property, consumer, aviation, transportation ..etc..(only O&G stock will affected, in this case we dun buy this counter lor).
Everyone gain from share market(other than O&G stock), ppl richer, consumer spending up, economy good, ...
So, what we waiting for? Lets pray for oil bubble to burst anytime... thumbup.gif icon_rolleyes.gif

TSdeity01
post Jun 24 2008, 11:49 PM

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will cause the stock market suddenly rise rise rise then those big croc suddenly pull out from the stock market since their target reached, earn enough, then make the stock market collapse?????????

maybe i think too much....
dr2k3
post Jun 26 2008, 02:13 PM

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this depends if oil market is bigger or stock market is bigger

there is also company which invested in oil and possible of other company who invested in the company that invest in oil....so if oil bubble burst.....so is that company that invest in oil....... hard to say...too much chain reaction
arthurlwf
post Jul 2 2008, 10:38 PM

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Doubt that the oil bubble will burst as there are no alternative available energy rclxub.gif
Quinn
post Jul 3 2008, 03:12 PM

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Can anyone enlighten me what is causing this oil prices to go up? wub.gif I want to understand. Where can i read more? I can't find a good site to further understand this issue.
KVReninem
post Jul 3 2008, 03:20 PM

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QUOTE(Quinn @ Jul 3 2008, 04:12 PM)
Can anyone enlighten me what is causing this oil prices to go up?  wub.gif I want to understand. Where can i read more? I can't find a good site to further understand this issue.
*
supply= demand (long term security)

i do think the oil bubble now is totally unrealistic. from national interest to individual interest...all add up is ...UP UP GREED doh.gif
TSdeity01
post Jul 8 2008, 12:00 AM

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it is going to reach usd150 sooner or later...
ts1
post Jul 8 2008, 09:23 AM

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thgt drops back to 141 level
HappyGold
post Jul 9 2008, 04:50 PM

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QUOTE(deity01 @ Jun 22 2008, 06:45 PM)
what IF, a big IF, the oil bubble burst???? what will happen to the stock market???
*
Good morning everybody, rclxms.gif

I just discover a fabulous application on Explore, Discover, Datamine and Strike Gold with 24hGold.com ! that permits to obtain in real time gold and silver quotes --> Gold and silver page <--

But you can also find a lot of articles about oil bubble, makets tendencies... Be a little curious and visit the website really well done.

Indeed, this page is really well done because if you click on other currencies like euro, Canadian dollar, Australian dollar, pound, yen... you obtain the quotes, the trend, the historical data, interactive chart, the gold / silver ratio and the precious gold and silver news. Waoh, so many information!

Well, you can see on this page that invest in gold or silver can be a good choice. Just keep a watch on these rates for few days, you will see that it is a good opportunities. thumbup.gif

The rest of the 24hGold Website is as interesting and practical as this Gold / Silver page. Indeed, you can read several news about always gold and silver...

cherroy
post Jul 9 2008, 05:36 PM

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QUOTE(HappyGold @ Jul 9 2008, 04:50 PM)
Good morning everybody,  rclxms.gif

I just discover a fabulous application on Explore, Discover, Datamine and Strike Gold with 24hGold.com ! that permits to obtain in real time gold and silver quotes --> Gold and silver page <--

But you can also find a lot of articles about oil bubble, makets tendencies... Be a little curious and visit the website really well done.

Indeed, this page is really well done because if you click on other currencies like euro, Canadian dollar, Australian dollar, pound, yen... you obtain the quotes, the trend, the historical data, interactive chart, the gold / silver ratio and the precious gold and silver news. Waoh, so many information!

Well, you can see on this page that invest in gold or silver can be a good choice. Just keep a watch on these rates for few days, you will see that it is a good opportunities.  thumbup.gif

The rest of the 24hGold Website is as interesting and practical as this Gold / Silver page. Indeed, you can read several news about always gold and silver...
*
You need to post it at everywhere? doh.gif
sinclairZX81
post Jul 9 2008, 05:44 PM

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QUOTE(cherroy @ Jul 9 2008, 05:36 PM)
You need to post it at everywhere?  doh.gif
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He is requesting for the ban hammer. rolleyes.gif

Back to topic, I think the oil price bubble is getting too big and ready to pop. There will come a time when it is just too expensive.
pleasuresaurus
post Jul 10 2008, 05:38 PM

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Came across a few articles on analyst opinions, one guy comes to mind: Arjun Murti from Goldman Sachs. He anticipated a spike in April 2005 after which the prices hiked up from $57 to $105. He's anticipating prices to spike 150-200 this time around. Now wouldn't that be spectacular? smile.gif
hanif444
post Jul 10 2008, 06:36 PM

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dun think will hit USD $ 200 this year
TSdeity01
post Jul 11 2008, 12:09 AM

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actually i do feel the oil price only rise 20%....the other 80% of the current rise in oil price is because the Depreciation of USD
redken
post Jul 11 2008, 12:21 AM

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Anyway the oil bubble will not burst because the oild speculators theat everyone is getting at is indeed the oil producers themself.

Good news for petronas, good news for cronies, bad news for msia citizen.

This post has been edited by redken: Jul 11 2008, 12:23 AM

 

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