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Errr where does the Electricity comes from ? Smile Also cheaper Oil means renewable energy is going to be in big trouble too.
(15-01-2016, 10:13 PM)corydorus Wrote: [ -> ]Errr where does the Electricity comes from ? Smile Also cheaper Oil means renewable energy is going to be in big trouble too.

the eletricity will be coming from the solar and wind farms. 

Not necesssary, its all about costs and economies of scale. at the moment renewables is not super cheap but getting cheaper and cheaper. As the article posits above, 2015 has not been a bad year for renewables investment despite lower oil prices. The other thing to consider is the popularity of clean energy with developed nation governments and even some developing nations which want to reduce pollution..
(16-01-2016, 07:58 AM)BlueKelah Wrote: [ -> ]
(15-01-2016, 10:13 PM)corydorus Wrote: [ -> ]Errr where does the Electricity comes from ? Smile Also cheaper Oil means renewable energy is going to be in big trouble too.

the eletricity will be coming from the solar and wind farms. 

Not necesssary, its all about costs and economies of scale. at the moment renewables is not super cheap but getting cheaper and cheaper. As the article posits above, 2015 has not been a bad year for renewables investment despite lower oil prices. The other thing to consider is the popularity of clean energy with developed nation governments and even some developing nations which want to reduce pollution..

IMO, as an engineer working in the energy field, there are still a lot need to be done in renewable energy. Oil will still be in demand for at least another 20-30 years I think, enough for another 2-3 peak cyclesSmile
Shares overboard... :p

Share prices in the energy-rich Gulf states nosedived Sunday following the sharp decline in oil prices as Iran prepares to resume crude exports after the lifting of sanctions.
https://sg.news.yahoo.com/gulf-shares-fr...48687.html
30+ million barrels in storage gonna hit the market soon. ouch. looks like oil at $20 is now a possibilty, especially if stock crash everywhere and demand side get hit too..

prepare your bullet go hunting again soon...
(18-01-2016, 12:01 AM)BlueKelah Wrote: [ -> ]30+ million barrels in storage gonna hit the market soon. ouch. looks like oil at $20 is now a possibilty, especially if stock crash everywhere and demand side get hit too..

prepare your bullet go hunting again soon...

What you meant? Oil price dipped will caused market crash or Stocks market is going to crash?
Will it really crash based on recent events? Wink

My opinion is unlikely.
(18-01-2016, 01:24 AM)VIChris Wrote: [ -> ]
(18-01-2016, 12:01 AM)BlueKelah Wrote: [ -> ]30+ million barrels in storage gonna hit the market soon. ouch. looks like oil at $20 is now a possibilty, especially if stock crash everywhere and demand side get hit too..

prepare your bullet go hunting again soon...

What you meant? Oil price dipped will caused market crash or Stocks market is going to crash?
Will it really crash based on recent events? Wink

My opinion is unlikely.

Maybe not.
But O & G directly and indirectly coys are already crashed or nearly crashed. That may include some banks in near future. No?
Then human beings may just start to herd like the bisons. No?

What about the CHINA's Syndrome.
Nobody is sure how sick China's economy is.
But China's stock markets will tell you more or less.
Will China's Syndrome trigger a world economy crisis?
Let's wait and see lol!
In Singapore's context, the China Sybdrome is very real.
- we are the largest foreign investors in China
- Chinese tourists are the largest in Sinagpore ( Indonesians discounted )
- All the 30 companies in the STi have 50% earnings from China

Oil prices ( as an indicator of econonmic activity ) adds to the volitility

It just seems a slow death here.
Each day, week, the prices of stocks ( except Oil & Marine )
just eases down ever so slowly.

The STi is still very expensive compared
to pre 2009 levels. I consider the last 7 years as rubbish
pricing, caused by huge amounts of very, very easy access to cash.
This just inflated the 30 stocks of the Sti.
( also the DoW, S&P, HKG etc )

Many of the growth reported by companies here can be attributted
to their links to China.
( Banks, Properties, Logistics, Infrastructure, Retail )

Yet, I do not detect fear...  (COE & cars not included, less than 6,000 individuals each month buy
new cars.)
Confused
While oil & gas are indeed in a down slump, the issue is the access to credit for companies. Many companies like ezion and ezra have notes and mid term borrowing and that's why they are still in the game.

It's only when such notes mature will we then see difficulties in cash flow and belly up. This leads to downstream issues of job losses where fear will then be felt. As of now, many of our o&G coys are surviving as they have tapped credit on banks, selling of notes and peer to peer lending platforms. Wait for the fear to come
(18-01-2016, 01:24 AM)VIChris Wrote: [ -> ]
(18-01-2016, 12:01 AM)BlueKelah Wrote: [ -> ]30+ million barrels in storage gonna hit the market soon. ouch. looks like oil at $20 is now a possibilty, especially if stock crash everywhere and demand side get hit too..

prepare your bullet go hunting again soon...

What you meant? Oil price dipped will caused market crash or Stocks market is going to crash?
Will it really crash based on recent events? Wink

My opinion is unlikely.
Sti is well and truly down over 20% from recent peaks now. Some may say its correction, but looks very like going into bear/crash territory. Certain commodity like oil and iron ore price crash could be attributed to spike in supply, but there are others which are down due to poor demand such as rubber.

The stocks will probably recover if the us fed changes policy direction again but it is coming near to a tipping point where fear and panic set in. And usd strength also pushes oil price down.

Depends really if oil price crash starts off a wave of unwinding of carry trades that chinas yuan devauation started last year

I remember last year many said oil at 30 is unlikely as well.
sent from my Galaxy Tab S