Oil price cap

[william the wie]

Drilling techniques are likely to continue to improve which will reduce marginal costs on the supply side.

Energy demand is falling in the EU and China due to shrinking labor force fraction as a result of aging.

Any guesses as to how low it will go in the longrun?

 

[DarkFury]

Drilling techniques are likely to continue to improve which will reduce marginal costs on the supply side.

Energy demand is falling in the EU and China due to shrinking labor force fraction as a result of aging.

Any guesses as to how low it will go in the longrun?

Once a war starts the price will rise. Just pick your two most likely countries.

 

[william the wie]

Drilling techniques are likely to continue to improve which will reduce marginal costs on the supply side.

Energy demand is falling in the EU and China due to shrinking labor force fraction as a result of aging.

Any guesses as to how low it will go in the longrun?

Once a war starts the price will rise. Just pick your two most likely countries.

As with KSA and Yemen or the pipelines to Europe that go through the Ukraine?

 

[DarkFury]

Drilling techniques are likely to continue to improve which will reduce marginal costs on the supply side.

Energy demand is falling in the EU and China due to shrinking labor force fraction as a result of aging.

Any guesses as to how low it will go in the longrun?

Once a war starts the price will rise. Just pick your two most likely countries.

As with KSA and Yemen or the pipelines to Europe that go through the Ukraine?

Don't forget the shipping lane between Iran and Iraq either. Iran vs Saudi is very very possible. And that shipping lane is important to most of the world not just us.

 

[william the wie]

Drilling techniques are likely to continue to improve which will reduce marginal costs on the supply side.

Energy demand is falling in the EU and China due to shrinking labor force fraction as a result of aging.

Any guesses as to how low it will go in the longrun?

Once a war starts the price will rise. Just pick your two most likely countries.

As with KSA and Yemen or the pipelines to Europe that go through the Ukraine?

Don't forget the shipping lane between Iran and Iraq either. Iran vs Saudi is very very possible. And that shipping lane is important to most of the world not just us.

Actually it has very little direct importance to us and the Madhi's army claims that the Sunni air forces spend as much time bombing them as they do bombing ISIS so that balloon might've launched too. (one of the reasons Iran came to Switz. to negotiate was to raise money to buy mass quantities of Russian arms to conduct their current wars in Iran, Afghanistan and Pakistan.)

 

[ralfy]

Both production and marginal costs have been going up, together with capital expenditures:

Columbia SIPA Center on Global Energy Policy Global Oil Market Forecasting Main Approaches Key Drivers

The use of shale oil confirms that peak oil has already taken place. Otherwise, improvements in technology would have allowed for increases in conventional production.

Oil consumption has been rising for the rest of the world, and thus offsetting demand destruction in the U.S., EU, and Japan brought about by economic crisis:

Peak Oil Demand is Already a Huge Problem Our Finite World

 

[EdwardBaiamonte]

Peak Oil Demand is Already a Huge Problem Our Finite World

obviously!! thats why population is at an all time high and oil prices have just dropped by 60% when there are several wars going on in the major oil producing states!!

See why we have to be positive that a liberal will be slow?

 

[ralfy]

Peak Oil Demand is Already a Huge Problem Our Finite World

obviously!! thats why population is at an all time high and oil prices have just dropped by 60% when there are several wars going on in the major oil producing states!!

See why we have to be positive that a liberal will be slow?

Population is not rising because of peak oil demand.

Not only oil prices but other indices also dropped:

Commodity prices collapse to lowest in 12 years - Telegraph

Finally, conflict is indeed taking place because of these, but they are not seen because one has a "conservative" or "liberal" view.

 

[Roadrunner]

Drilling techniques are likely to continue to improve which will reduce marginal costs on the supply side.

Energy demand is falling in the EU and China due to shrinking labor force fraction as a result of aging.

Any guesses as to how low it will go in the longrun?

Once a war starts the price will rise. Just pick your two most likely countries.

As with KSA and Yemen or the pipelines to Europe that go through the Ukraine?

Don't forget the shipping lane between Iran and Iraq either. Iran vs Saudi is very very possible. And that shipping lane is important to most of the world not just us.

It is not that important to us.

Very important to Europe and Asia.

If we just stay OUT of any Mid-East wars, we win.

 

[EdwardBaiamonte]

Drilling techniques are likely to continue to improve which will reduce marginal costs on the supply side.

Energy demand is falling in the EU and China due to shrinking labor force fraction as a result of aging.

Any guesses as to how low it will go in the longrun?

Once a war starts the price will rise. Just pick your two most likely countries.

As with KSA and Yemen or the pipelines to Europe that go through the Ukraine?

Don't forget the shipping lane between Iran and Iraq either. Iran vs Saudi is very very possible. And that shipping lane is important to most of the world not just us.

It is not that important to us.

Very important to Europe and Asia.

If we just stay OUT of any Mid-East wars, we win.

Just let them all die right and let ISIS spread!!

 

[william the wie]

I largely agree. ISIS is a cancer and like any other cancer it will kill its host slowly and painfully.

 

[EdwardBaiamonte]

I largely agree. ISIS is a cancer and like any other cancer it will kill its host slowly and painfully.

unfortunately its host is the planet earth

 

[william the wie]

mostly a rapidly depopulating ME.

 

[EdwardBaiamonte]

mostly a rapidly depopulating ME.

mostly??? and they have no plans or ability to wipe out our major cities with little weaponized bio weapons?? So we can sit back and relax??

This is good time to cut military- right??