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Falling of oil prices will not stop even reducing of oil rigs to 70% in the US PDF Print E-mail
Saturday, 12 September 2015 14:57
Over the past few days, all the suffering of high oil prices is false warmed information on the reduction of the number of drilling in the United States and Canada: In the United States the number of employees drilling for oil decreased by 1.5 percent, and in two weeks the decline was more three per cent, while in Canada the week the number of drilling decreased by almost 10 percent, which, according to the apologists of high oil prices - should mark a a harbinger of a speedy rise in oil prices. However, if, in retrospect, consider the relationship between the amount of drilling in the US and oil prices, it is necessary to do the opposite conclusion - the reduction in the number drilling in the US favors a further decline in oil prices and by the fact that oil professionals, the American oil producers do not believe in higher oil prices and take their money out of the business, reducing the number of drilling. This conclusion is confirmed by the fact that in the period from November 2014 to September 2015 number of drilling in the US has been reduced by more than 2.5 times, but the oil is not grown, and - has fallen more than 2 times! (see figure 1) This reduction in the number of drilling was due to the fact that about 70% of that is overwhelming most of the drilling in the United States represent overcapacity imposed under azhiotah recovery after the 2008 crisis, speculative, not due to the world oil demand (see Figure 2). So, now in the United States the number drilling around 650 in the demand for oil is about 93 million barrels a day, but in 2009 when the world oil demand of 86 million barrels a day quietly worked in about 200 drilling USA, ie less than one third of the number of currently and approximately the the number was constant for a long time, even during the peak of oil prices 2008 under $ 140, the number of US drilling was about 400, and now, Considering the price of oil around $ 50, the number of US drilling 650 It is redundant and only spur further decline in oil prices, so number of drilling in the US in the near future mozhett decrease and 70% currently sufficient drill 200 in the United States in the current global demand for oil, and it will not evidence of early rise in oil prices, but only that the majority of American oil producers believed in the era of cheap oil prices and did not see the light money in the business, given the fact that the approach to Iran, but Russia and the Arab countries announced plans to increase oil production, oil prices will continue to decline:

НАЖМИТЕ ЗДЕСЬ ДЛЯ ПРОСМОТРА ВСЕГО СПИСКА НОВОСТЕЙ О НЕОБЫЧНЫХ ЯВЛЕНИЯХ>>>

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