The thing is oil isnt a ''bubble'', and it hasnt ''collapsed''. 
A bubble is something thats 'price' goes alot higher than what can actually be justified as its 'value'.
And so that will work with things like companies who get some good media headlines and their price is rocketed up,
however they still cant meet the 'value' that justifies that price.
Oil however, while $150s may have looked high,
it is ridiculously and incredibly cheap still!
(Over here in UK we are currently having $8s per gallon when we travel in taxis like i do)
But even with oil at $150, while that may look high, but infact it means that a family of 5people can travel 2miles in a car for just 16cents!!! :eek:
If you have just $1 you could go for 8miles!!!
Now how the f**k can anyone try claiming that tht is expensive??!
You try going anywhere else in the world and asking someone to transport you and your family 8miles for just 60pence and they will just laugh in your face!
$150/$4 oil is ridiculously cheap still. - fact
People who think it was just ''a bubble'' are very very foolish,
and should think more with their own mind and logic and do some basic research on google or even just use their brain to try picturing the world trying to cope without oil... lol
And 2ndly oil hasnt ''collapsed'' at all.
Its fallen roughly $100s in 6months, and so while that was a very fast fall,
people need to learn that tradi is nothing to do with maths or probability at all!!
Its merely to do with basic angles and duration of time.
Oil rose extremely fast from $60s - $150, and so accordingly fell quite fast too.
Tats how markets work and how people who trade off extremes trade though.
The fact that its fallen so fast will invenitably mean that it will rise back again.
So saying its ''collapsed'' is just wishful thinking, since its only undone what took it 1year to do,
and about 60% of it could be contributed to the stronger dollar.
(So oil's 'value' hasnt actually fallen much at all,
its numberical price in dollars has been moved lower as the value of each $1 got stronger,
but so the vlaue of the oil if it wasn't tied to the dollar currency hasnt actually fallen that much at all)
1 of the problems the oil price had in sustaining its high levels was that it forgot that its not just a market-toy liek shares and currencies are,
its a real physcial thing with its own underlying real value,
and relies on humans being able to purchase it for its price to keep rising.
If the price of oil rose just $5s per year, in 30years no-one out there would be complaining about $200 - $300 oil,
since it would have happend so so slowly and dradually that people would have been able to get used to it and would barely notice it year-on-year.
And so would be able to keep buying it, as no-one going to even notice spending a few extra dollars per every few hundred miles that they want to drive their car.
However it was because oil shot-up $100 dollars in 1year that at very fast speed that people and businesses like airlines responded in such an extreme way,
as the price increase and jolts were very extreme.
So in conclusion oil has actually only lost about $30s of its actual underlying value.
(The other $70 is merely a numerical coversion result of it being priced in a certain currency)
And so i still stand by my view, that i have held and harped on about since i was 8years old (12years ago now)....
That in 40-60years time when we have usedu 80-90% of the barrle sof oil thats in the reserves of oil in the middleast,
and so down to the last 10% of the remaining barrels on earth..,
that you wont be able to just ''buy oil'' or buy petrol like you can at the moment.
It will have an industrial sale price of between $600 - $1,500 per each remaining barrel,
but it will all be government rationed though, as they will be the only 1s who can buy it and distribute it out.
The priority and majority of it will also be given to police, fire service and ambulance,
as the emergency service being able to drive around is more important than normal people being able to.
And the militay will get high priority too.
Although we wont really need a military, and neither will usa,
as the middleasten countries will already rule the world anyways and we will just be their oversea's servants who have no way of threatening them ever. lol
Since what would be the point of usa getting all huffy and saying they will bomb iran if iran sends bombs to usa,
Just to then have to phone iran up and ask if they can buy some oil from them for fuel for their bomber planes!!
A bubble is something thats 'price' goes alot higher than what can actually be justified as its 'value'.
And so that will work with things like companies who get some good media headlines and their price is rocketed up,
however they still cant meet the 'value' that justifies that price.
Oil however, while $150s may have looked high,
it is ridiculously and incredibly cheap still!
(Over here in UK we are currently having $8s per gallon when we travel in taxis like i do)
But even with oil at $150, while that may look high, but infact it means that a family of 5people can travel 2miles in a car for just 16cents!!! :eek:
If you have just $1 you could go for 8miles!!!
Now how the f**k can anyone try claiming that tht is expensive??!
You try going anywhere else in the world and asking someone to transport you and your family 8miles for just 60pence and they will just laugh in your face!
$150/$4 oil is ridiculously cheap still. - fact
People who think it was just ''a bubble'' are very very foolish,
and should think more with their own mind and logic and do some basic research on google or even just use their brain to try picturing the world trying to cope without oil... lol
And 2ndly oil hasnt ''collapsed'' at all.
Its fallen roughly $100s in 6months, and so while that was a very fast fall,
people need to learn that tradi is nothing to do with maths or probability at all!!
Its merely to do with basic angles and duration of time.
Oil rose extremely fast from $60s - $150, and so accordingly fell quite fast too.
Tats how markets work and how people who trade off extremes trade though.
The fact that its fallen so fast will invenitably mean that it will rise back again.
So saying its ''collapsed'' is just wishful thinking, since its only undone what took it 1year to do,
and about 60% of it could be contributed to the stronger dollar.
(So oil's 'value' hasnt actually fallen much at all,
its numberical price in dollars has been moved lower as the value of each $1 got stronger,
but so the vlaue of the oil if it wasn't tied to the dollar currency hasnt actually fallen that much at all)
1 of the problems the oil price had in sustaining its high levels was that it forgot that its not just a market-toy liek shares and currencies are,
its a real physcial thing with its own underlying real value,
and relies on humans being able to purchase it for its price to keep rising.
If the price of oil rose just $5s per year, in 30years no-one out there would be complaining about $200 - $300 oil,
since it would have happend so so slowly and dradually that people would have been able to get used to it and would barely notice it year-on-year.
And so would be able to keep buying it, as no-one going to even notice spending a few extra dollars per every few hundred miles that they want to drive their car.
However it was because oil shot-up $100 dollars in 1year that at very fast speed that people and businesses like airlines responded in such an extreme way,
as the price increase and jolts were very extreme.
So in conclusion oil has actually only lost about $30s of its actual underlying value.
(The other $70 is merely a numerical coversion result of it being priced in a certain currency)
And so i still stand by my view, that i have held and harped on about since i was 8years old (12years ago now)....
That in 40-60years time when we have usedu 80-90% of the barrle sof oil thats in the reserves of oil in the middleast,
and so down to the last 10% of the remaining barrels on earth..,
that you wont be able to just ''buy oil'' or buy petrol like you can at the moment.
It will have an industrial sale price of between $600 - $1,500 per each remaining barrel,
but it will all be government rationed though, as they will be the only 1s who can buy it and distribute it out.
The priority and majority of it will also be given to police, fire service and ambulance,
as the emergency service being able to drive around is more important than normal people being able to.
And the militay will get high priority too.
Although we wont really need a military, and neither will usa,
as the middleasten countries will already rule the world anyways and we will just be their oversea's servants who have no way of threatening them ever. lol
Since what would be the point of usa getting all huffy and saying they will bomb iran if iran sends bombs to usa,
Just to then have to phone iran up and ask if they can buy some oil from them for fuel for their bomber planes!!