I think we will see more alternative energy solutions due to the
recent oil spike, but it won't be enough of an energy solution.
The Futures Now team discusses the oil inventory dropping, and the price
of oil spiking more than 5 percent.
And BP has been busy with litigation costs from the 2010 oil spill and maintaining its dividend, and will probably get around to energy - source diversification during year two or three of the next
big oil spike.
And recessions are often presaged by certain signals: rising jobless claims; falling home sales; an inverted yield curve; wage pressures that impact corporate margins; exogenous shocks,
including oil spikes; or destabilizing valuations in key asset classes.
Things went from counterintuitive to completely crazy when Cramer saw what stocks rallied
as oil spiked.
Texas used to be a solidly Democrat state and outside of benefitting from a
few oil spikes, it's been all downhill since they started supporting GOP windbags.
Now with oil nearing $ 90 per barrel and lacking large fuel hedges like they had in place the last
time oil spiked, bringing there operations in line with current best practices must make sense to them.
And BP has been busy with litigation costs from the 2010 oil spill and maintaining its dividend, and will probably get around to energy - source diversification during year two or three of the next
big oil spike.
In the event of
an oil spike, it's got proximity to amazing shale reserves.
It is surrounded by plenty of farmland (suitable for raising grain and livestock), and it's also at the intersection of several rail lines, so that if we experience
an oil spike of unimaginable proportions, you'll still have access to transportation — in fact, the city should thrive as a hub of activity.
Michael Hudson: In the case of
the oil spike a few years ago, there have been a number of studies that have showed that almost all of the demand for oil that suddenly pushed prices up was speculative demand.
Today,
an oil spike, coupled with rising oceans and powerful storms, is creating a bipartisan, pro-conservation consensus on energy policy.
For those waiting for the next
oil spike, you're going to wait a long time.
Just as Goldman Sachs likes to blame
the oil spike on China et.
However, although the recent oil price rally sent Shell's stock close to a new all - time high ($ 32.50),
the oil spike is not yet fully reflected in the company's financials.
oil spike is not yet fully reflected in the company's financials.