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Author Topic: Long term OIL  (Read 91718 times)
Laosai
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February 20, 2016, 01:48:16 PM
 #301

Buy futures or buy oil company shares. Oil is not only used to produce petrol. Even if green energy sources increase there will still be a demand for oil.

Less and less! Europe is starting to use less and less plastic and other materials are found to replace it Wink

Plastic is in the food,its not just in a plastic bag or the more obvious sources. The fact Europe is changing does not stop the third world Countries from going ahead as normal. The day of no oil are still a long ways off.
Funny aspect about being human is how quick we rush into a new source of energy or cheaper product to only find out later it was worse.

We always do that, that's how humanity works ^^

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February 20, 2016, 07:30:59 PM
 #302

how to invest on oil ?
i dont know how to invest in oil but i know you can trade oil price in forex broker if you like trading you must try it.

If you are having a normal trading account, then you can purchase Brent Crude Futures from the major stock exchanges. I have never tried Futures and Options, so can't help you anymore. The F&O trade is extremely risky. You can gain large amounts of money in a relatively short period of time. However, if you are unlucky, then you may lose all of your investment in a matter of few hours.
Laosai
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February 20, 2016, 07:53:10 PM
 #303

how to invest on oil ?
i dont know how to invest in oil but i know you can trade oil price in forex broker if you like trading you must try it.

If you are having a normal trading account, then you can purchase Brent Crude Futures from the major stock exchanges. I have never tried Futures and Options, so can't help you anymore. The F&O trade is extremely risky. You can gain large amounts of money in a relatively short period of time. However, if you are unlucky, then you may lose all of your investment in a matter of few hours.

How is  it risky? It's only leverage market?

fricircled
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February 21, 2016, 11:57:45 AM
 #304

"day of the no oil" will not EVER happen. tesla cars is real piece of shit. do you want to save money and nature - go to LPG.
Don't fool yourself. Many new technology like tesla car are ready for many years but their production is halted due to politics of oil companies and their influence on every aspect of living today not to mention Government.

With the cheap fuel price now, will the electricity car be used less in the near future. Does the Tesla sale fall?
BTCBinary
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February 21, 2016, 01:54:34 PM
 #305

I think the oil industry is now losing its importance as the most important means of fuel for the modern industry.
We are now watching an industry shift that will take the leadership of oil onto electricity.
Laosai
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February 21, 2016, 01:56:43 PM
 #306

"day of the no oil" will not EVER happen. tesla cars is real piece of shit. do you want to save money and nature - go to LPG.
Don't fool yourself. Many new technology like tesla car are ready for many years but their production is halted due to politics of oil companies and their influence on every aspect of living today not to mention Government.

With the cheap fuel price now, will the electricity car be used less in the near future. Does the Tesla sale fall?

Tesla can't fall or fail, it's unique and really interesting.

It's a luxury item!

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February 21, 2016, 08:39:42 PM
 #307

According to the official report of the International Energy Agency (IEA) the world's oil demand has dropped from Q3/2015 to Q1/2016.
Source: https://www.iea.org/oilmarketreport/omrpublic/

The demand of OIL just drop significantly and the supply is over flowing with reason of recent ban lifts.
All economy that depends on oil suffer the most. Many people are losing their job because of this.

Demand for oil has not dropped significantly. It is steadily increasing on a global level. It's supply that is out of whack.

One quarter sequential drop doesn't change the trend. There are variations quarter to quarter based on the seasonality of oil consumption. The trend is still going up.

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February 21, 2016, 08:46:08 PM
 #308

In Bitcoin or fiat-money? In Bitcoin you can use a forex provider like 1Broker. If you want to invest in oil with fiat you could buy a oil ETC (exchange traded fund) like this one.

how to invest on oil ?

1Broker? Is it a trusted broker? How does it work exactly?

You don't own the security, you own a derivative based on the security issued by 1broker. It's riskier, I'd avoid and stick to mainstream brokers if you actually want to invest in something.

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February 21, 2016, 09:06:55 PM
 #309

Combustion engine is actually 19th century technology. It's weird why an engine which is only 30% energy efficient is still being used. It's ancient. Electric cars are the future. Say bye to big oil in next decades. Lithium is the key.

arbitrage
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February 21, 2016, 10:21:01 PM
 #310

Combustion engine is actually 19th century technology. It's weird why an engine which is only 30% energy efficient is still being used. It's ancient. Electric cars are the future. Say bye to big oil in next decades. Lithium is the key.
Yes you are may be right. but what is price for electric car- purchasing price?
Producing price per car ? Maintenance, battery ?
nickenburg
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February 21, 2016, 11:00:18 PM
 #311

I don't think u should go for a long term investment in oil.

Imagine the day we don't need Oil anymore because we have new ways of fueling our transportation.

Oil will be obsolete and the price will plummet!
bryant.coleman
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February 22, 2016, 09:12:54 AM
 #312

how to invest on oil ?
i dont know how to invest in oil but i know you can trade oil price in forex broker if you like trading you must try it.

If you are having a normal trading account, then you can purchase Brent Crude Futures from the major stock exchanges. I have never tried Futures and Options, so can't help you anymore. The F&O trade is extremely risky. You can gain large amounts of money in a relatively short period of time. However, if you are unlucky, then you may lose all of your investment in a matter of few hours.

How is  it risky? It's only leverage market?

It is risky because the volatility is far too high. Commodity futures are much more volatile than equity futures. If you are really unlucky, then you can lose all of your investment in a matter of few hours. That is the reason why I restrict myself to equity trading. I never venture in to the commodity market. It is not for people like me.
arbitrage
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February 22, 2016, 10:49:39 AM
 #313

Oil like a "dollar" for a long time will stay speculative good because US already
 have monopoly on a production and whole world is depend on their mercy.
This is clear and for a longer time we will see price manipulations, sometime without any cause
(visible cause-economic related).
http://journal-neo.org/2016/01/09/russia-breaking-wall-st-oil-price-monopoly/
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February 22, 2016, 11:08:37 AM
 #314

how to invest on oil ?
i dont know how to invest in oil but i know you can trade oil price in forex broker if you like trading you must try it.

If you are having a normal trading account, then you can purchase Brent Crude Futures from the major stock exchanges. I have never tried Futures and Options, so can't help you anymore. The F&O trade is extremely risky. You can gain large amounts of money in a relatively short period of time. However, if you are unlucky, then you may lose all of your investment in a matter of few hours.

How is  it risky? It's only leverage market?

It is risky because the volatility is far too high. Commodity futures are much more volatile than equity futures. If you are really unlucky, then you can lose all of your investment in a matter of few hours. That is the reason why I restrict myself to equity trading. I never venture in to the commodity market. It is not for people like me.

Guy has no clue what he is talking about lol

I would triple check everything he says Roll Eyes 

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jaysabi
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February 22, 2016, 08:31:43 PM
 #315

Combustion engine is actually 19th century technology. It's weird why an engine which is only 30% energy efficient is still being used. It's ancient. Electric cars are the future. Say bye to big oil in next decades. Lithium is the key.
Yes you are may be right. but what is price for electric car- purchasing price?
Producing price per car ? Maintenance, battery ?

Combustion engine may be an "ancient" technology, but it is so pervasive because for the amount of energy you get for the cost, combustion engines are cheap and easy. I also believe electric cars are the future. I currently own a hybrid car. Comparatively, a hybrid car costs a few thousand dollars more than the exact same non-hybrid version, about $2-3k. I've more than made up that cost in the years of driving it, so it's been a sound investment.

As for electric-only, there are plenty of viable models that are not overly expensive. The Nissan Leaf starts at $29k and the Chevy Volt starts at $33k. Tesla is working on a version now as well that will start in the mid-$30k range. The biggest limitation for electric-only vehicles for me is the range. I think the Leaf is around 100 miles, and the Volt offers 50 electric-only miles, though it does run on gas as well.

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February 22, 2016, 09:53:23 PM
 #316

Combustion engine is actually 19th century technology. It's weird why an engine which is only 30% energy efficient is still being used. It's ancient. Electric cars are the future. Say bye to big oil in next decades. Lithium is the key.
Yes you are may be right. but what is price for electric car- purchasing price?
Producing price per car ? Maintenance, battery ?

Combustion engine may be an "ancient" technology, but it is so pervasive because for the amount of energy you get for the cost, combustion engines are cheap and easy. I also believe electric cars are the future. I currently own a hybrid car. Comparatively, a hybrid car costs a few thousand dollars more than the exact same non-hybrid version, about $2-3k. I've more than made up that cost in the years of driving it, so it's been a sound investment.

As for electric-only, there are plenty of viable models that are not overly expensive. The Nissan Leaf starts at $29k and the Chevy Volt starts at $33k. Tesla is working on a version now as well that will start in the mid-$30k range. The biggest limitation for electric-only vehicles for me is the range. I think the Leaf is around 100 miles, and the Volt offers 50 electric-only miles, though it does run on gas as well.

Well, the killer is not only the range.  It's also the recharge time.  The average gas vehicle goes about 300 miles before needing to stop for 2 minutes to fill up.  Even if you got a car that can do that 300 mile range, it will still take you hours (if quick charging) or most of a day (if not interested in killing battery) to recharge.  Hybrids make a lot more sense, especially for heavier use in urban centers.  Idling in a regular car is basically burning gas to power your radio.
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February 22, 2016, 11:11:52 PM
 #317

Combustion engine is actually 19th century technology. It's weird why an engine which is only 30% energy efficient is still being used. It's ancient. Electric cars are the future. Say bye to big oil in next decades. Lithium is the key.
Yes you are may be right. but what is price for electric car- purchasing price?
Producing price per car ? Maintenance, battery ?

Combustion engine may be an "ancient" technology, but it is so pervasive because for the amount of energy you get for the cost, combustion engines are cheap and easy. I also believe electric cars are the future. I currently own a hybrid car. Comparatively, a hybrid car costs a few thousand dollars more than the exact same non-hybrid version, about $2-3k. I've more than made up that cost in the years of driving it, so it's been a sound investment.

As for electric-only, there are plenty of viable models that are not overly expensive. The Nissan Leaf starts at $29k and the Chevy Volt starts at $33k. Tesla is working on a version now as well that will start in the mid-$30k range. The biggest limitation for electric-only vehicles for me is the range. I think the Leaf is around 100 miles, and the Volt offers 50 electric-only miles, though it does run on gas as well.

Well, the killer is not only the range.  It's also the recharge time.  The average gas vehicle goes about 300 miles before needing to stop for 2 minutes to fill up.  Even if you got a car that can do that 300 mile range, it will still take you hours (if quick charging) or most of a day (if not interested in killing battery) to recharge.  Hybrids make a lot more sense, especially for heavier use in urban centers.  Idling in a regular car is basically burning gas to power your radio.

no, you would exchange your discharged battery for a recharged one at the "gas" station.
but thats all future, we need better energy sources and then we can think about switching to the infrastructure needed.

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February 22, 2016, 11:17:08 PM
 #318

Combustion engine is actually 19th century technology. It's weird why an engine which is only 30% energy efficient is still being used. It's ancient. Electric cars are the future. Say bye to big oil in next decades. Lithium is the key.
Yes you are may be right. but what is price for electric car- purchasing price?
Producing price per car ? Maintenance, battery ?

Combustion engine may be an "ancient" technology, but it is so pervasive because for the amount of energy you get for the cost, combustion engines are cheap and easy. I also believe electric cars are the future. I currently own a hybrid car. Comparatively, a hybrid car costs a few thousand dollars more than the exact same non-hybrid version, about $2-3k. I've more than made up that cost in the years of driving it, so it's been a sound investment.

As for electric-only, there are plenty of viable models that are not overly expensive. The Nissan Leaf starts at $29k and the Chevy Volt starts at $33k. Tesla is working on a version now as well that will start in the mid-$30k range. The biggest limitation for electric-only vehicles for me is the range. I think the Leaf is around 100 miles, and the Volt offers 50 electric-only miles, though it does run on gas as well.

Well, the killer is not only the range.  It's also the recharge time.  The average gas vehicle goes about 300 miles before needing to stop for 2 minutes to fill up.  Even if you got a car that can do that 300 mile range, it will still take you hours (if quick charging) or most of a day (if not interested in killing battery) to recharge.  Hybrids make a lot more sense, especially for heavier use in urban centers.  Idling in a regular car is basically burning gas to power your radio.

no, you would exchange your discharged battery for a recharged one at the "gas" station.
but thats all future, we need better energy sources and then we can think about switching to the infrastructure needed.

Well, yes, that would be ideal, but it's not the case right now or in the near future.  Also, car manufacturers would need to agree to a battery standard to allow the same battery to fit in any vehicle.  Otherwise, it's gonna be fun driving around on a dying battery pack finding someone who's got your pack in stock.  And I think you mean energy storage rather than energy source.  And yes that does require lots of developing.  Some would say hydrogen is the answer, and it might be, assuming they figure out a way to store it without the threat of blowing up.
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February 22, 2016, 11:21:04 PM
 #319

Combustion engine is actually 19th century technology. It's weird why an engine which is only 30% energy efficient is still being used. It's ancient. Electric cars are the future. Say bye to big oil in next decades. Lithium is the key.
Yes you are may be right. but what is price for electric car- purchasing price?
Producing price per car ? Maintenance, battery ?

Combustion engine may be an "ancient" technology, but it is so pervasive because for the amount of energy you get for the cost, combustion engines are cheap and easy. I also believe electric cars are the future. I currently own a hybrid car. Comparatively, a hybrid car costs a few thousand dollars more than the exact same non-hybrid version, about $2-3k. I've more than made up that cost in the years of driving it, so it's been a sound investment.

As for electric-only, there are plenty of viable models that are not overly expensive. The Nissan Leaf starts at $29k and the Chevy Volt starts at $33k. Tesla is working on a version now as well that will start in the mid-$30k range. The biggest limitation for electric-only vehicles for me is the range. I think the Leaf is around 100 miles, and the Volt offers 50 electric-only miles, though it does run on gas as well.

Well, the killer is not only the range.  It's also the recharge time.  The average gas vehicle goes about 300 miles before needing to stop for 2 minutes to fill up.  Even if you got a car that can do that 300 mile range, it will still take you hours (if quick charging) or most of a day (if not interested in killing battery) to recharge.  Hybrids make a lot more sense, especially for heavier use in urban centers.  Idling in a regular car is basically burning gas to power your radio.

no, you would exchange your discharged battery for a recharged one at the "gas" station.
but thats all future, we need better energy sources and then we can think about switching to the infrastructure needed.

Well, yes, that would be ideal, but it's not the case right now or in the near future.  Also, car manufacturers would need to agree to a battery standard to allow the same battery to fit in any vehicle.  Otherwise, it's gonna be fun driving around on a dying battery pack finding someone who's got your pack in stock.  And I think you mean energy storage rather than energy source.  And yes that does require lots of developing.  Some would say hydrogen is the answer, and it might be, assuming they figure out a way to store it without the threat of blowing up.

no i really mean energy source, not storage.
if we would have 100% clean energy (i.e. renewables, fusion) there would be not much of a problem to switching to electric cars.
but we are on world average around 20% maybe?
* im off, its 11% EIA: http://www.eia.gov/tools/faqs/faq.cfm?id=527&t=1

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.LATTICE - A New Paradigm of Decentralized Finance.

 

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Drewski
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February 22, 2016, 11:51:41 PM
 #320

Combustion engine is actually 19th century technology. It's weird why an engine which is only 30% energy efficient is still being used. It's ancient. Electric cars are the future. Say bye to big oil in next decades. Lithium is the key.
Yes you are may be right. but what is price for electric car- purchasing price?
Producing price per car ? Maintenance, battery ?

Combustion engine may be an "ancient" technology, but it is so pervasive because for the amount of energy you get for the cost, combustion engines are cheap and easy. I also believe electric cars are the future. I currently own a hybrid car. Comparatively, a hybrid car costs a few thousand dollars more than the exact same non-hybrid version, about $2-3k. I've more than made up that cost in the years of driving it, so it's been a sound investment.

As for electric-only, there are plenty of viable models that are not overly expensive. The Nissan Leaf starts at $29k and the Chevy Volt starts at $33k. Tesla is working on a version now as well that will start in the mid-$30k range. The biggest limitation for electric-only vehicles for me is the range. I think the Leaf is around 100 miles, and the Volt offers 50 electric-only miles, though it does run on gas as well.

Well, the killer is not only the range.  It's also the recharge time.  The average gas vehicle goes about 300 miles before needing to stop for 2 minutes to fill up.  Even if you got a car that can do that 300 mile range, it will still take you hours (if quick charging) or most of a day (if not interested in killing battery) to recharge.  Hybrids make a lot more sense, especially for heavier use in urban centers.  Idling in a regular car is basically burning gas to power your radio.

no, you would exchange your discharged battery for a recharged one at the "gas" station.
but thats all future, we need better energy sources and then we can think about switching to the infrastructure needed.

Well, yes, that would be ideal, but it's not the case right now or in the near future.  Also, car manufacturers would need to agree to a battery standard to allow the same battery to fit in any vehicle.  Otherwise, it's gonna be fun driving around on a dying battery pack finding someone who's got your pack in stock.  And I think you mean energy storage rather than energy source.  And yes that does require lots of developing.  Some would say hydrogen is the answer, and it might be, assuming they figure out a way to store it without the threat of blowing up.

no i really mean energy source, not storage.
if we would have 100% clean energy (i.e. renewables, fusion) there would be not much of a problem to switching to electric cars.
but we are on world average around 20% maybe?
* im off, its 11% EIA: http://www.eia.gov/tools/faqs/faq.cfm?id=527&t=1

I have to disagree with you on that one.  It's not the source of the energy that's impeding the electric car.  It's the ability to carry and load that energy that's the issue.  It's not like we have a global energy crisis or anything.  To the end user, the power is coming out of the outlet, regardless of whether it was generated by renewables or not.
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