I remember the gasoline shortages of the 70's. What was the price of oil per barrel then? What price does that equal in todays prices, figuring the inflation rate?Why, and at what price for oil, does world wide demand decrease?
My link below says that the price of oil per barrel was $38 dollars in 1980 which would mean in todays dollars it has the same purchasing power as $99.07 according to the bureau of labor statistics consumer price index page.
http://www.bls.gov/CPI/
(in the link click inflation calcuator to measure other numeric figures)
But to answer your question, the price of il per barrel in 1970 was $12 according to wikipedia.
http://en.wikipedia.org/wiki/1973_oil_cr鈥?/a>
In today's prices that would mean $66.44 dollars today.
Interesting links:
http://www.fintrend.com/ftf/Articles/Oil鈥?/a>
Explains why high oil prices are not crippling our economy just yet.Why, and at what price for oil, does world wide demand decrease?
World Demand increases because 1.3/billion people in China and 1.0/billion people in India are moving from Mud Huts and Bicycles to Automobiles and Condos. They need energy and are straining the demand side of the equation.
Life would be good if we could get them to go back to bicycles.
MY ADVISE TO YOU IS PREPARED TO MAKE SOME MAJOR CHANGES IN YOUR LIFESTYLE BECAUSE IT IS ONLY GOING TO GET WORSE.
Friday, July 30, 2010
Are there any environmentally-friendly public companies that benefit when the price of oil falls?
Most environmentally-friendly companies, especially the ones involved in producing alternative energy like wind and solar, suffer when the price of oil falls. It's cheap to burn gas, which makes the alternatives less attractive.
The price of oil being as volatile as it is, a green portfolio with nothing but alt-energy stocks would be volatile and risky. It would take a beating whenever oil falls. In order to make the portfolio's outcome less variable, one would have to include stocks that are counter-cyclical with respect to oil.
Are there any such stocks among environmentally friendly companies?Are there any environmentally-friendly public companies that benefit when the price of oil falls?
I would suggest that you consider those companies that provide environmental compliance equipment and services. For example: FTEK, PMFG, or MPM.
Also, there is a fair amount of platinum that is used in catalyzers. I am not sure how to play that, but it's an idea.
The price of oil being as volatile as it is, a green portfolio with nothing but alt-energy stocks would be volatile and risky. It would take a beating whenever oil falls. In order to make the portfolio's outcome less variable, one would have to include stocks that are counter-cyclical with respect to oil.
Are there any such stocks among environmentally friendly companies?Are there any environmentally-friendly public companies that benefit when the price of oil falls?
I would suggest that you consider those companies that provide environmental compliance equipment and services. For example: FTEK, PMFG, or MPM.
Also, there is a fair amount of platinum that is used in catalyzers. I am not sure how to play that, but it's an idea.
Why are UK gas prices linked to the price of oil?
Surely gas prices should be determined by the supply and demand for gas, and should not be linked to oil prices.Why are UK gas prices linked to the price of oil?
The oil prices are determined by the supply and demand for gas.
Therefore, it's a circular argument. These items will forever be intertwined.
FYI, when they say ';oil prices';, they're not referring to the stuff you lube your engine with...they're referring to the un-refined petroleum product that will be made into gas.Why are UK gas prices linked to the price of oil?
It's called ';contractual limitations'; in other words if gas is cheaper than oil people will switch from oil to gas, leaving the oil companies very miffed. It's a loose/loose situation for the user.
Actually, the UK's high gas prices pay for your nation's socialistic, liberal lifestyle. There's enough oil on this planet to last mankind for many years. http://ezinearticles.com/?How-Much-Oil-i鈥?/a>
The oil prices are determined by the supply and demand for gas.
Therefore, it's a circular argument. These items will forever be intertwined.
FYI, when they say ';oil prices';, they're not referring to the stuff you lube your engine with...they're referring to the un-refined petroleum product that will be made into gas.Why are UK gas prices linked to the price of oil?
It's called ';contractual limitations'; in other words if gas is cheaper than oil people will switch from oil to gas, leaving the oil companies very miffed. It's a loose/loose situation for the user.
Actually, the UK's high gas prices pay for your nation's socialistic, liberal lifestyle. There's enough oil on this planet to last mankind for many years. http://ezinearticles.com/?How-Much-Oil-i鈥?/a>
Can anyone explain to me how the price of oil and gasoline is set?
I know I am probably going to get some stupid answers to this question but I also know that there is people that are experts that can explain how it works. I know that supply and demand play a part and speculators are involved.Can anyone explain to me how the price of oil and gasoline is set?
Yes you are right - price is set by demand and supply. Some extra factors involved are - supply is actually sort of controlled by suppliers, distributors, speculators, logistics etc. Their goal is usually ';to maximize their benefit'; and it not always the same as ';to maximize customer benefit';. Different variety of pricing methods are used (price discrimination) and product differentiation. Our society currently are very dependent on this type of goods, so demand is sort of inelastic and market structure is far from competitive, and consequently to maximize profits they can charge relatively high prices (in some limits).
Yes you are right - price is set by demand and supply. Some extra factors involved are - supply is actually sort of controlled by suppliers, distributors, speculators, logistics etc. Their goal is usually ';to maximize their benefit'; and it not always the same as ';to maximize customer benefit';. Different variety of pricing methods are used (price discrimination) and product differentiation. Our society currently are very dependent on this type of goods, so demand is sort of inelastic and market structure is far from competitive, and consequently to maximize profits they can charge relatively high prices (in some limits).
How does the price of crude oil affect the price of oil related stocks?
I was just wondering if high crude oil prices make stock prices like exxon mobil rise or fall.How does the price of crude oil affect the price of oil related stocks?
Assuming all other factors to be STP, the stock of an integrated oil company would rise.How does the price of crude oil affect the price of oil related stocks?
It depends on their refining margins. Thats the difference between what they can buy or produce the oil for and what they can sell their refined products for. The bigger the difference the more money Exxon can make and the more they should be worth. But if oil prices increase and the profit margins on their refined products decrease that would probably cause the stock price to decrease.eye cream
Assuming all other factors to be STP, the stock of an integrated oil company would rise.How does the price of crude oil affect the price of oil related stocks?
It depends on their refining margins. Thats the difference between what they can buy or produce the oil for and what they can sell their refined products for. The bigger the difference the more money Exxon can make and the more they should be worth. But if oil prices increase and the profit margins on their refined products decrease that would probably cause the stock price to decrease.
Why is the price of oil going down so quickly?
There are rumors permanent magnet motors have become a reality.If so oil will become a minor part of the economy in the coming years.Why is the price of oil going down so quickly?
supply is high, and demand is down. [China is in the same downed economy slide that the US is in, so they have cut way back too]Why is the price of oil going down so quickly?
Currently it is known as a world wide recession, on top of that the speculators finally stop overpricing the barrel of oil along with the market crash. Oil will always play at least a medium part of the economy as oil is used for a lot more than fueling vehicles and heating homes. There are great number of products that contain oil byproducts like plastics. So no matter what type of motor is created, there will be a need for oil for a long time until we devise ways to replace all plastic products and can increase the affordability to replace all heating units, and vehicles.
OPEC is trying to have us getting back to driving more again and stop thinking about conservation by lowering the price of crude oil thereby cheaper gasoline.
If we continue to conserve and work together to develop alternative energy sources, we could really choke the middle east riches since majority of terror groups are funded by some of these oil tycoons. If we could starve the funding sources of the terror groups, we could alleviate many attacks like what we saw in Mumbai, India.
This is my same question I am glad that you asked it your way. There are a number of theories but I will go with the least offensive. The automobile industry had to get out of bed with the oil companies before they lose their shirts. Prices come down, people buy cars, they slowly climb out of debt and people maintain or retain their jobs.
It's the old rule of supply and demand... the
world's major economies are in recession,
so demand is down.
Of course, I'd like to believe the US, Europeans,
or Russians [or a combination of these big three]
have been secretly developing and perfecting
clean and unlimited space-based solar energy...
dare to dream :)
This is only happening now because everyone feels poor so they cut the demand in oil. Once confidence in the market increases, and we break this recession, demand will probally skyrocket.
there has been 1 million jobs lost since January...less money out there, less people driving. With the economy heading south fast, no one is spending anything, so therefore oil is going down as well..its all in the demand for oil.
supply is high, and demand is down. [China is in the same downed economy slide that the US is in, so they have cut way back too]Why is the price of oil going down so quickly?
Currently it is known as a world wide recession, on top of that the speculators finally stop overpricing the barrel of oil along with the market crash. Oil will always play at least a medium part of the economy as oil is used for a lot more than fueling vehicles and heating homes. There are great number of products that contain oil byproducts like plastics. So no matter what type of motor is created, there will be a need for oil for a long time until we devise ways to replace all plastic products and can increase the affordability to replace all heating units, and vehicles.
OPEC is trying to have us getting back to driving more again and stop thinking about conservation by lowering the price of crude oil thereby cheaper gasoline.
If we continue to conserve and work together to develop alternative energy sources, we could really choke the middle east riches since majority of terror groups are funded by some of these oil tycoons. If we could starve the funding sources of the terror groups, we could alleviate many attacks like what we saw in Mumbai, India.
This is my same question I am glad that you asked it your way. There are a number of theories but I will go with the least offensive. The automobile industry had to get out of bed with the oil companies before they lose their shirts. Prices come down, people buy cars, they slowly climb out of debt and people maintain or retain their jobs.
It's the old rule of supply and demand... the
world's major economies are in recession,
so demand is down.
Of course, I'd like to believe the US, Europeans,
or Russians [or a combination of these big three]
have been secretly developing and perfecting
clean and unlimited space-based solar energy...
dare to dream :)
This is only happening now because everyone feels poor so they cut the demand in oil. Once confidence in the market increases, and we break this recession, demand will probally skyrocket.
there has been 1 million jobs lost since January...less money out there, less people driving. With the economy heading south fast, no one is spending anything, so therefore oil is going down as well..its all in the demand for oil.
What it the price of oil per liter if it is 65$ a barrel?
In Ontario Canada if that helps!
Thank you!
What it the price of oil per liter if it is 65$ a barrel?
historically about 1/2 a dollar.What it the price of oil per liter if it is 65$ a barrel?
THE ONLY WAY TO KNOW THE TRUTH IS TO SEE THE BIGGER PICTURE?
AFTER SAUDI ARABIA PUMP 500,000 BARREL OF OIL THE OIL PRICE START TO FALL LIKE HUMTY DUMBY.
RUSSIA DID NOT LIKE IT BECAUSE THEY ARE LOSSING BILLIONS OF DOLLARS WITH THE FALL IN OIL PRICE.
ONE WAY TO INCREASE OIL PRICE WAS TO ATTACK PRO AMERICAN NATIONS IN THE SOVIET UNION.
THOSE BALTIC NATIONS OF ESTONIA, LITUANIA AND LATVIA COULD BE NEXT ON THE HIT LIST.
RUSSIA HOPE THE OIL PRICE WILL HIT THE US$ 150 TO US$ 200 OR US$ 300 PER BARREL OF OIL.
RUSSIA NEED THOSE CASH MONEY TO IMPROVE IT MILITARY MIGHT BEFORE DESTROYING AMERICA FOR GOOD.
RUSSIA PRODUCE ABOUT 10,000,000 BARREL OF OIL PER DAY.
IF OIL PRICE IS US$ 100 THEN RUSSIA WILL GAIN
10,000,000
X US$100
=================
US$ 1,000,000,000
=================
US$ 1,000,000,000
X 365 DAYS
=================
US$ 365,000,000,000
=================
OR US$ 365 BILLION DOLLARS PER YEAR?
10,000,000
X US 150
================
US$ 1,500,000,000
================
US$ 1,500,000,000
X 365
===============
US$ 547,500,000,000
================
OR US$ 547 BILLION DOLLARS PER YEAR?
10,000,000'
X US$ 200
===================
US$ 2,000,000,000
====================
US$ 2,000,000,000
X 365
==========================
US$ 730,000,000,000
===================
OR US$ 730 BILLION DOLLARS PER YEAR?
10,000,000
X US$ 300
================
US$ 3,000,000,000
================
US$ 3,000,000,000
X 365
===================
US$ 1,085,000,000,000
====================
OR US$ 1 TRILLION DOLLARS PER YEAR?
PRESIDENT HUGO CHAVEY PROPOSE US$ 300 DOLLAR PER BARREL AND I THINK RUSSIA THINK THIS IS A GOOD IDEA?
CURRENTLY, THE WORLD GROSS NATIONAL PRODUCT FOR THE TOP TEN NATIONS IS
AMERICA
JAPAN
CHINA
GERMANY
MAYBE, IF OIL CAN BE SOLD FOR US$ 300 PER BARREL THEN RUSSIA GNP COULD BE HIGHER THEN GERMANY.
RUSSIA NEED HARD CASH TO BUY FOOD FOR THE 7 YEARS OF THE ANTICHRIST RULE.
RUSSIA COULD BUY WAL MART FROM AMERICA WITH HARD CASH.
CHINA DID THE SAME WITH IBM?
I THINK IT IS GOOD IDEA IF MALAYSIAN GOVERNMENT BUY WAL MART FROM IT US$ 200 OR 300 BILLION DOLLARS STOCK MARKET CAPITALIZATION.
LAST TIME GEORGE SORO STOLE US$ 200 BILLION DOLLAR FROM KUALA LUMPUR STOCK MARKET.
BEFORE GEORGE SORO CAN STRIKE A SECOND TIME IT IS WISE FOR THE MALAYSIA GOVERNMENT TO BUY WAL MARK AT THE SPEED OF LIGHT.
SO EVERY VILLAGE IN MALAYSIA WILL HAVE WAL MART FOR THE NEST 7 YEARS OF THE ANTICHRIST RULE?
THANK YOU.
GOD BLESS YOU.
MR. ROBIN DONALD.
KUALA LUMPUR,
MALAYSIA.
DATE: 17TH, AUGUST, 2008.
1 barrel is exactly 158.99 liters. So the price per liter formula would be $65 / 158.99 L = $0.41
$0.41 per liter
There are approximately 200 liters in a barrel so it would be about 32 or 33 cents a liter.
you need to know how many liters in a barrel first
Thank you!
What it the price of oil per liter if it is 65$ a barrel?
historically about 1/2 a dollar.What it the price of oil per liter if it is 65$ a barrel?
THE ONLY WAY TO KNOW THE TRUTH IS TO SEE THE BIGGER PICTURE?
AFTER SAUDI ARABIA PUMP 500,000 BARREL OF OIL THE OIL PRICE START TO FALL LIKE HUMTY DUMBY.
RUSSIA DID NOT LIKE IT BECAUSE THEY ARE LOSSING BILLIONS OF DOLLARS WITH THE FALL IN OIL PRICE.
ONE WAY TO INCREASE OIL PRICE WAS TO ATTACK PRO AMERICAN NATIONS IN THE SOVIET UNION.
THOSE BALTIC NATIONS OF ESTONIA, LITUANIA AND LATVIA COULD BE NEXT ON THE HIT LIST.
RUSSIA HOPE THE OIL PRICE WILL HIT THE US$ 150 TO US$ 200 OR US$ 300 PER BARREL OF OIL.
RUSSIA NEED THOSE CASH MONEY TO IMPROVE IT MILITARY MIGHT BEFORE DESTROYING AMERICA FOR GOOD.
RUSSIA PRODUCE ABOUT 10,000,000 BARREL OF OIL PER DAY.
IF OIL PRICE IS US$ 100 THEN RUSSIA WILL GAIN
10,000,000
X US$100
=================
US$ 1,000,000,000
=================
US$ 1,000,000,000
X 365 DAYS
=================
US$ 365,000,000,000
=================
OR US$ 365 BILLION DOLLARS PER YEAR?
10,000,000
X US 150
================
US$ 1,500,000,000
================
US$ 1,500,000,000
X 365
===============
US$ 547,500,000,000
================
OR US$ 547 BILLION DOLLARS PER YEAR?
10,000,000'
X US$ 200
===================
US$ 2,000,000,000
====================
US$ 2,000,000,000
X 365
==========================
US$ 730,000,000,000
===================
OR US$ 730 BILLION DOLLARS PER YEAR?
10,000,000
X US$ 300
================
US$ 3,000,000,000
================
US$ 3,000,000,000
X 365
===================
US$ 1,085,000,000,000
====================
OR US$ 1 TRILLION DOLLARS PER YEAR?
PRESIDENT HUGO CHAVEY PROPOSE US$ 300 DOLLAR PER BARREL AND I THINK RUSSIA THINK THIS IS A GOOD IDEA?
CURRENTLY, THE WORLD GROSS NATIONAL PRODUCT FOR THE TOP TEN NATIONS IS
AMERICA
JAPAN
CHINA
GERMANY
MAYBE, IF OIL CAN BE SOLD FOR US$ 300 PER BARREL THEN RUSSIA GNP COULD BE HIGHER THEN GERMANY.
RUSSIA NEED HARD CASH TO BUY FOOD FOR THE 7 YEARS OF THE ANTICHRIST RULE.
RUSSIA COULD BUY WAL MART FROM AMERICA WITH HARD CASH.
CHINA DID THE SAME WITH IBM?
I THINK IT IS GOOD IDEA IF MALAYSIAN GOVERNMENT BUY WAL MART FROM IT US$ 200 OR 300 BILLION DOLLARS STOCK MARKET CAPITALIZATION.
LAST TIME GEORGE SORO STOLE US$ 200 BILLION DOLLAR FROM KUALA LUMPUR STOCK MARKET.
BEFORE GEORGE SORO CAN STRIKE A SECOND TIME IT IS WISE FOR THE MALAYSIA GOVERNMENT TO BUY WAL MARK AT THE SPEED OF LIGHT.
SO EVERY VILLAGE IN MALAYSIA WILL HAVE WAL MART FOR THE NEST 7 YEARS OF THE ANTICHRIST RULE?
THANK YOU.
GOD BLESS YOU.
MR. ROBIN DONALD.
KUALA LUMPUR,
MALAYSIA.
DATE: 17TH, AUGUST, 2008.
1 barrel is exactly 158.99 liters. So the price per liter formula would be $65 / 158.99 L = $0.41
$0.41 per liter
There are approximately 200 liters in a barrel so it would be about 32 or 33 cents a liter.
you need to know how many liters in a barrel first
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