Petroleo 14

Acima dos 120 USD, 25 dias antes do nosso palpite!

No momento em que escrevo este post, 05-04-2008 18:48, o petróleo vendido em Wall Street está a 119,95 USD. Daqui a um ano estará acima dos 155 dólares. Mesmo pensando em euros, o barril de crude custou hoje em Nova Iorque 77,96 euros! Vamos ter mesmo que mudar de vida!! E o primeiro passo não é construir mais barragens que nada acrescentam à sustentabilidade do país, e apenas satisfazem o jogo especulativo da EDP e da burguesia bronco-betoneira; nem construir obras faraónicas de uma economia que já passou (a economia da energia e do petróleo baratos); mas sim, a EFICIÊNCIA ENERGÉTICA. E depois deste passo, que é o primeiro e mais importante a dar imediatamente, custe o que custar, vem a aposta nas energias renováveis, sobretudo naquelas em que ainda nada ou quase nada se fez, e muito podemos fazer: a energia solar, a energia das marés e a energia das ondas. Ao trabalho, que já é tarde!

Oil Rises After Report Shows U.S. Services Industries Expanded

May 5 (Bloomberg) -- By Robert Tuttle. Crude oil rose above $120 a barrel to a record in New York after a report showed that U.S. service industries expanded in April, signaling higher energy use.

The Institute for Supply Management's index of non- manufacturing businesses, which make up almost 90 percent of the economy, grew for the first time since December, the Tempe, Arizona-based group said today. The report came after an oil pumping station was attacked in Nigeria.


Oil hits $120 a barrel milestone

May 5 (BBC News) -- The price of a barrel of oil has risen above $120 for the first time, driven by concerns about the situations in Nigeria and northern Iraq.

US light sweet crude rose to a record of $120.21 a barrel in morning trading in New York before falling back to $120 - up $3.68 on the day.

Another factor pushing up the oil price has been the US dollar's weakness as investors opt to back commodities.


Behind record oil prices, troubling signs in production

April 28, 2008 (International Herald Tribune) -- By Jad Mouawad. As oil prices soared to record levels in recent years, basic economics suggested that consumption would fall and supply would rise as producers opened the taps to pump more.

But as prices flirt with $120 a barrel, many energy specialists are becoming worried that neither seems to be happening. Higher prices have done little to attract new production or to suppress global demand, and the resulting mismatch has sent oil prices spiraling upward.

... The International Energy Agency, an adviser to industrialized countries, estimates that current investments will be insufficient to replace declining oil production, let alone increase overall output. The energy agency said it would take $5.4 trillion by 2030 to bolster global output, a level of investment that is unlikely to be met. It said a crisis "involving an abrupt run-up in prices" could not be ruled out before 2015.

"According to normal economic theory, and the history of oil, rising prices have two major effects: they reduce demand and they induce oil supplies," said Fatih Birol, the chief economist at the energy agency. "Not this time."

OAM 356 05-05-2008, 18:58